Example

Sample monthly statement

This is the statement Honest MRR produces for each complete month — the document a founder saves as a PDF and sends to investors. The company and every figure below are illustrative.

Honest MRR
Auditable subscription metrics
Monthly statement
September 2026
Sample Company
An illustrative company
Statement period
September 1, 2026 – September 30, 2026
Statement no.
HM-SAMPLE00-202609
Issued
October 1, 2026
Reporting currency
USD

Monthly recurring revenue

Opening MRR
$22,910
New business
+$1,240
Expansion
+$420
Reactivation
+$90
Contraction
−$135
Churn
−$310
Net activity
+$1,305
Closing MRR
$24,215

+5.7% month over month · 306 active customers at period end.

Cash & operations

Realized revenue
$24,381
Subscriptions
$23,949
Other revenue
$432
Ad spend
$2,150
New customers / blended CAC
23 · $93
Operating costs
$9,800
Net (realized − costs)
$14,581

Profitable — realized revenue exceeds operating costs.

Notes from the founder

A higher-priced Team tier launched mid-month, and the customers who upgraded to it show up as expansion. Two customers who cancelled in August came back (reactivation).

Sample statement — the company and every figure are illustrative, not real revenue, and this is not a verified statement.

Every MRR figure traces to the billing-provider records behind it. MRR is net of tax and app-store commissions; realized revenue is cash actually collected in the period. Generated by Honest MRR on October 1, 2026.

What each part shows

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