Verifyme, Inc. · NASDAQ:VRME
Verifyme — Investor Presentation (May 2022)
17 slides from Verifyme's investor presentation, May 25, 2022
Slide 1: Protect your brand. Grow your business.
May 25, 2022 NASDAQ:VRME Protect your brand. Grow your business. www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME
Slide 2: Forward-Looking Statements
FORWARD - LOOKING STATEMENTS 2 In addition to historical information, this presentation contains statements relating to the integration of PeriShip , LLC, which was recently acquired by the Company, anticipated synergies of the acquisition, revenue opportunities, anticipated revenue, profitability o
Slide 3: Financial and Equity Snapshot
Financial and Equity Snapshot 3 Exchange/Ticker: NASDAQ: VRME Stock Price (5/6/22): $2.89 Market Cap: $24.5 million Cash Balance: approximately $8.4 million as of March 31, 2022 Equity Investment: approximately $11.2 million as of March 31, 2022 Revenues in the FY2021: $867,000; 153% growth year - o
Slide 4: VerifyMe & PeriShip 2023 Forecast (without synergies)
VerifyMe & PeriShip 2023 Forecast (without synergies) 4 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Revenue in excess of $25 million Positive Adjusted EBITDA (1) (1) Adjusted EBITDA is a non - GAAP measure. The Company defines EBITDA as net income before income tax expense (benefi
Slide 5: VerifyMe Story
VerifyMe Story 5 • 1999 x Laserlock Technologies formed Nov 1999 x Laser Pen Product Authentication • 2015 x Name change to VerifyMe , Inc, - Biometric focus • 2017 x Patrick White becomes CEO x Signs Contract with HP Indigo to create Ink Taggants for Secure Labels and Packaging on the HP Indigo 600
Slide 6: VerifyMe – Market Opportunity
VerifyMe – Market Opportunity 6 MARKET CAGR #1 Product Authentication= $7.7 Bil (2026) +8.7% #2 Serialization/Track and Trace = $9.7 Bil (2028) +19% #3 Consumer Engagement= $29.5 Bil (2024) +12.6% #4 Global Label Printing = $58.3 Bil (2027) +9.3% TOTAL ADDRESSABLE Market = $105.2 Billion +11.1% Veri
Slide 7: PeriShip: Global Logistics Market Outlook
7 The global third - party logistics market size reached a value of almost USD 910.4 billion in the year 2020. The logistics market is further expected to grow at a CAGR of 5.25% between 2022 and 2027 to reach a value of almost USD 1,237.6 billion by 2026. PeriShip: Global Logistics Market Outlook
Slide 8: VerifyMe Product
8 Brand Protection Allow consumers to authenticate products Alert brand owners of counterfeiting/diversion issues Consumer Engagement Connecting brands to consumers with smart phone readable codes Business Intelligence Ga ther business intelligence throughout the supply chain . Geo Location tracking
Slide 9: Sales and Marketing Strategy
Sales and Marketing Strategy 9 x Hire seasoned security sales professionals x Utilize HP Indigo & INX International world - wide sales force x Developed new website x Presenting at and attending key trade shows around the world x Implemented social media marketing and advertising campaign x Use outs
Slide 10: VerifyMe – Competitive Landscape
VerifyMe – Competitive Landscape 10
Slide 11: Industry Observations – Differentiators
9 Industry Observations – Differentiators OBSERVATIONS • Fragmented Industry • Acquisitions are Occurring by private equity firms and Brands • Broad Range of Technologies • 80% of Brand Owners Still use Holographs/UV Ink • Readable Codes (QR, Serialization) • RFID/NFC (Expensive and Can be defused)
Slide 12: Product Comparison
Product Comparison 12 The above table overview of products is based on management's internal analysis .
Slide 13: PeriShip
PeriShip 13 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Founded in 2001 Headquartered in Branford, Connecticut Approximately 45 employees
Slide 14: Major Market Verticals
Major Market Verticals To fight counterfeiting , diversion and engage with consumers 14 COSMETICS CONSUMER PRODUCTS FOOD & BEVERAGE APPAREL ELECTRONICS PHARMACEUTICALS PPE CANNABIS INDUSTRIAL WINE & SPIRITS AUTOMOTIVE www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME
Slide 15: Business Continuity
Business Continuity 15 » Will continue to operate as a separate brand under the name PeriShip Global LLC » Experienced leadership team each with over 20 years of experience » Employment agreements with three key senior management professionals covering all operating functions www.VerifyMe.com Confid
Slide 16: Growth Strategy
16 Growth Strategy www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME » We expect the transaction to accelerate our growth and increase shareholder value » Cross selling VerifyMe technology with existing PeriShip clients » New product development » Other potential acquisitions
Slide 17: Protect your brand. Grow your business.
Protect your brand. Grow your business. US Headquarters 75 S Clinton Avenue Suite 510 Rochester NY 14604 +1 585 736 9400 info@ verifyme.com 17