Another way of saying 'tells the story' in a more formal context?

Depicts. In a formal writing or speech, we can use 'depicts' instead of 'tells the story'. For example, a historical research paper may depict the events of a certain era, which is like telling the story of that time in a more academic and formal way.

Deliver an anecdote. In a formal setting, delivering an anecdote is a more refined way of telling a story. An anecdote is usually a short and interesting story about a real incident or person. It can be used to illustrate a point, make an argument more persuasive, or just add some color to a speech or presentation.

Pre - history. In a formal discussion, especially when analyzing historical events or characters, pre - history can be used to mean back story. It refers to the events and circumstances that happened before the main event or situation under consideration.

One alternative could be 'narrates the tale'.

In a formal setting, 'portray' can be used instead of 'tell a story'. When you portray a story, you are presenting it in a more sophisticated and detailed manner. For example, in a historical research paper, you might portray the events of a particular era as a story to make it more engaging for the readers. It gives a sense of carefully crafted presentation.

In a formal context, 'recounting an account' can be used. It gives the idea of carefully and accurately telling the story as if it were an official account. For instance, in a historical research paper, one might recount an account of an event from the past. It implies a certain level of seriousness and precision in the way the story is being told.

Depicts a narrative.

Sure. 'Communicates the story' is a formal way of saying it. It implies a clear and effective transfer of the story. Another one is 'delivers the story', which gives the sense of presenting the story in a proper and organized way, much like a speaker delivering a speech about the story. Also, 'imparts the story' is quite formal, suggesting the sharing of knowledge or information that the story contains.

Depict events. In a business presentation about past projects, you can depict events that took place during the project's lifecycle. This is a way to tell the story of the project in a more professional and organized manner.

A remarkable anecdote. An anecdote is a short and interesting story. When you call it remarkable, it means it's a good one. In a business meeting, you might share a remarkable anecdote to illustrate a point.