Slide 1: Q3 Quarterly Results
Q3 Quarterly Results November 9, 2021 NYSE: PAR
Slide 2: Forward-Looking Statements
Forward-Looking Statements. This presentation contains "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, Section 27A of the Securities Act of 1933, as amended, and the Private Securities Litigation Reform Act of 1995. Forward-looking s
Slide 3: Q3 Financials
Q3 Financials • Q3 Revenue Reported-- $77.9 million • 42% Increase from Q3 ‘2020 • 24% Organic Revenue Growth 3 Increase (decrease) in thousands 2021 2020 2021 2020 2021 vs 2020 Revenues, net: Product $ 30,291 $ 20,470 38.9% 37.3% 48.0% Service 29,530 16,877 37.9% 30.8% 75.0% Contract 18,039 17,500
Slide 4: Live ARR
Live ARR 4 6 1 6 5 7 1 7 7 8 3 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 ARR (U$D ‘000,000) Total ARR grew 35% YoY from Q3 ’20 • Punchh ARR increased 47% from Q3 last year • Brink POS ARR increased 29% from Q3 last year • Data Central increased 9% from Q3 last year • Organic ARR growth increased 26% • Contracte
Slide 5: Brink POS ARR
Brink POS ARR 5 2 3 2 5 2 6 2 8 3 0 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 ARR (U$D ‘000,000) • Brink POS ARR increased 29% from Q3 last year • Contracted ARR is $33.5M at end of Q3 • Consistently low churn ~ 3% annualized in Q3
Slide 6: Brink POS Site Count
Brink POS Site Count 6 11.0 11.7 12.1 13.2 14.9 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Site Count ( locat ions ‘000) • 35% increase of Active Stores from a year ago • Record high # of Activations in Q3 – 1739 • Active sites now total ~ 14,900 • Q3 Bookings # 782 stores – expectations for stronger Q4
Slide 7: Punchh ARR
Punchh ARR 7 30 32 36 40 44 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 ARR (U$D ‘000,000) • Punchh ARR increased 47% from Q3 last year • Contracted ARR is $63.3M at end of Q3
Slide 8: Punchh Live Site Count
Punchh Live Site Count 8 34 41 46 48 53 Q3'20 Q4'20 Q1'21 Q2'21 Q3'21 Site Count ( locat ions ‘000) • 67% increase of Active Stores from a year ago • 4,550+ stores went live in Q3
Slide 9: Restaurant Segment Product Revenue
Restaurant Segment Product Revenue 9 21 22 19 24 30 product revenue (U$D ‘000,000) • Product revenue increased 46% from Q3 ‘20 • Proving Value of Complete Tech Stack • Difficult/Challenging Supply Chain Environment
Slide 10: Investment Thesis
Investment Thesis 1. Foodservice market ready for disruption • Large TAM in restaurants with ~1m locations in the US spending 2-3% of total revenue on technology1 • The industry shift to cloud technology has led to an explosion in new technology from Voice AI to marketing technology 2. Meeting marke
Slide 11: Appendix A – Key Performance Metrics
11 Appendix A – Key Performance Metrics • “Annual Recurring Revenue” or “ARR”, is the annualized revenue from SaaS and related revenue of our software products. We calculate ARR by annualizing the monthly recurring revenue for all active sites as of the last day of each month for the respective repo
Slide 12: Thank You!
™ Thank You!