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42% CAGR - here is why that continues' so the rest of the deck has a question to answer", "Rename every 'Case Study' and 'Appendix...' title to an action title (e.g., s11 -> 'TUV Rheinland digitised training for 20,000+ customers on Docebo')", "Promote 'Pillars of Growth' (s15) earlier and use it as an explicit section divider that the financial slides (s16-19) then prove out one pillar at a time", "Add a closing 'Investment Thesis' slide after s20 that restates the 3-4 reasons to own the stock, before the team/cap-table and appendices", "Split the overcrowded slides (s11, s14, s18): one chart per page with a tighter action title will read better than 11-30 data points fighting for attention" ], "closingScore": 55, "openingScore": 45, "topStrengths": [ "Strong action titles in the financial section (slides 16-20) that state the insight, not the chart subject", "Clear proof stack: client logos (s6) -> case studies (s11-12) -> analyst quadrant (s14) gives credible third-party 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As at June 30, 2024. ARR is a non-IFRS measure. See \"Non-IFRS Measures and Industry Metrics\" in the disclaimer and refer to the Appendix to this presentation for details on how we calculate ARR.\n2. Historically, in calculating average contract value, all references to the number of customers or companies we serve included separate accounts per customer based on their installation(s) count. For the third quarter of the fiscal year ended December 31, 2020 and going forward, any separate accounts that our customers may have will be aggregated and counted as one customer based on the contracted customer for the purposes of calculating our Average Contract Value to provide a more precise understanding of this metric. Average Contract Value is a non-IFRS measure. See \"Non-IFRS Measures and Industry Metrics\" in the disclaimer and refer to the Appendix to this presentation for details on how we calculate Average Contract Value.\n3. CAGR between fiscal year 2020 and fiscal year 2023.\n4. 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