The purpose of submitting standardised reports is to provide investors with objective, relevant, and timely information, reported in a transparent manner. 

An Issuer must provide an update no later than 30 days after the end of the previous quarter. Official results for the previous financial year must be submitted no later than 6 months after the end of the financial year.

Please note: published reports can no longer be edited or deleted. If you wish to issue corrections, please post a new company update.

What are the mandatory requirements in reporting?

• The listed KPIs and subtopics are mandatory to report.
• “N/A” is acceptable as a valid entry if any KPI should be irrelevant or a subtopic does not contain information.
• For all topics that do not contain information or are not reported (filled with the symbol “N/A”), the company is obliged to provide an explanation on why they have not provided the KPI in accordance with the marketplace rules.
• Monthly and/or quarterly reports must be submitted in English. In case the annual report is in the company’s local language (which is not English) then there has to be a summary provided in English.
• Reports must be submitted following the structure of “Company reporting standards” on the Funderbeam platform. It is important to keep in mind that the structure of the reports is not changed over time.
• Any advertisement or promotion in the report that the company publishes on the Funderbeam platform is not allowed

Creating a report

You can publish reports if you have representation rights to the company.
Navigate to the Updates tab and find the New report block in the right-hand sidebar. Choose a monthly or quarterly report and the correct period.

There are two ways you can publish a report:

• Your own format – scroll to the bottom of the report to find the “Attach files” section to upload a PDF report. Make sure to showcase the following mandatory KPI’s in your report:
  • number of employees;
  • revenue;
  • runway (months).
• The Funderbeam format – use the predefined form for an easy-to-follow standardised format to present to your investors.

Currency and collaborators

First, please select the currency that the figures in the report are in. You only need to specify this for the first report you create or in the case the operating currency has changed for the period.
You can also invite people to collaborate on the report.

KPIs

An added benefit of using the Funderbeam format for reports is that the KPIs you have entered for previous periods are carried over and you don’t need to fill them in again. We require three standard KPIs in reports, these are:

• number of employees;
• revenue;
• runway (months).

We also recommend adding some sector-specific KPIs, depending on the company’s business.

Feel free to add your own KPIs to the table by clicking “Add row”.


Insert text and images

To add text or images, click the “Insert text block” or “Insert image” buttons. You can insert as many text or image blocks as needed.

Text blocks can have a title (optional) and body text. You can also format the text:

• wrap a word or sentence in **double asterisks** to make it bold
• wrap a word or sentence in _underscores_ to make it italic
• add a link by wrapping the word or sentence in [square brackets], followed immediately by the (URL in regular brackets)

You can also add captions to your images.


Attach files

You can upload additional relevant files to attach to your report.


Publishing your report

On Funderbeam, reports are published with a company update that is automatically emailed to all your investors as well as any users who have subscribed to your company updates.

Once you’re done with filling the report and before publishing, you can use the “Preview” feature to see if everything looks as intended. If you are ready, click “Publish”.

Add a message to investors to the update and when you’re ready, post the update. Your investors will receive an email with the update and can now read your report on Funderbeam.

What if the Issuer is late in reporting?

It is a common practice to provide regular reports to investors to ensure transparency and information availability to investors. If the Issuer is late on their Quarterly Updates,  additional investor protection enhancements (in the form of red flags next to Issuer names in the Marketplace page and also the Company page) are seen on Issuer page. Investors should exercise due diligence prior to investing in Issuers which do not have updated information available. Additional sticky disclaimers will also be mentioned on the Company page to indicate the lack of updated Quarterly Reports.