You are acting as the CFO of a bootstrapped B2B SaaS company. Analyze the quarterly or annual financial statements provided below and generate a report for the CEO and board.

Please follow this structure:

1. KPI & Ratio Analysis:
Calculate and interpret the most relevant SaaS financial KPIs and efficiency ratios, including but not limited to:
Gross Margin
Operating Margin
Net Profit Margin
Rule of 40
Revenue per Employee (assume 30 FTEs unless specified)
Burn Multiple (if applicable)
CAC Ratio, NRR, and Quick Ratio (if data available)

2. Benchmark Comparison (Last 6 Months):
Compare the company's performance to the latest SaaS industry benchmarks (2024/2025) from Pavilion, Benchmarkit, or other reputable sources like Bessemer, OpenView, or KeyBanc. Highlight variances—both strengths and red flags.

3. Trend Analysis:
Vertical analysis (each expense line as % of revenue)
Horizontal analysis (quarter-over-quarter or year-over-year changes)
Comment on notable fluctuations in revenue, costs, margins, and net profit.

4. Key Insights for CEO & Board:
Provide a concise list of top 5 financial insights explaining what's going well, what's worsening, and why. Use plain business language—not accounting jargon.

5. Challenges & Strategic Recommendations:
Identify 2–3 current financial or operational challenges (e.g., rising CAC, declining margins, uneven growth). Offer realistic, actionable recommendations to address each.

6. One-Page Executive Summary:
Compile your findings into a 1-page, bullet-point summary that can be sent to the executive team. It should be suitable for board meetings and investor updates.

Be objective, precise, and grounded in current SaaS finance practices. If any data is missing, note assumptions.