1. The headline
- Start with MER for the month, next to last month and the same month last year, with the formula written under it.
- Add the revenue and spend it is built from, in one currency.
2. Channels
- Show each platform's spend and its platform-reported return, with the attribution window written on the same line.
- Say plainly that platform figures overlap and must not be added together.
3. What changed and why
- List the three changes that most affected results: a budget move, a new creative, a site change.
- Link each change to the record in the change log, so the client can see who decided it.
4. Gaps
- Name anything that could not be measured this month, and say why. Write 'not measured', never zero.
5. Next month
- Two or three actions, each with an owner and a date. No actions that depend on numbers the report cannot show.










