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  "documentTitle": "Multiple (BILL Holdings, Tripadvisor, Fluor Corporation)",
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  "presentationDate": "2025-10-17 00:00:00",
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  "notes": "The chart uses a red arrow to visually emphasize the downward trend in the Rule of 40 score.",
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      "text": "Stacked bar chart showing Revenue Growth and Adjusted EBITDA Margin from FY2023 to FY2026E",
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      "text": "Source: Company filings, Capital IQ, Bloomberg. Note: Revenue growth and EBITDA margin are calculated as core revenue growth and EBITDA margin less float, respectively.",
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      "text": "We Have Identified Another Software Company with Significant Opportunity to Improve Its 'Rule of 40' Score",
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