Elauwit Connection, Inc. · NASDAQ:ELWT
Elauwit Connection — IPO Roadshow (2025)
20 slides from Elauwit Connection's IPO roadshow presentation, 2025
Slide 1: Elauwit Connection, Inc. Connectivity Reimagined
Elauwit Connection, Inc. Connectivity Reimagined
Slide 2: Disclaimer
Disclaimer Elauwit Connection, Inc. (the "Company," we," "us," "our") has filed a registration statement on Form S-1, as amended (Registration No. 333-289964) (the “Registration Statement”) with the Securities and Exchange Commission (the "SEC") for the offering to which this presentation relates. B
Slide 3: Experienced Management Team
Experienced Management Team Dan McDonough Barry Rubens Chairman & Co-Founder Chief Executive Officer & Co-Founder Dan McDonough Jr. is a seasoned Barry Rubens is a veteran telecom executive entrepreneur and strategic advisor with a track and financial strategist with decades of record of building an
Slide 4: Elauwit Presents a Win / Win / Win Opportunity
Elauwit Presents a Win / Win / Win Opportunity Leading, National, High Growth Player in WiFi Managed Service and Network-as-a-Service (“NaaS”) for New Build and Existing Multi-Family Properties Across the United States Quarterly Revenue Growth Est. 200 – 300 bps Managed Service and NaaS offerings un
Slide 5: Business Overview
— elauwit - Business Overview
Slide 6: Growing Pipeline in Highly Fragmented, Growing Markets
Growing Pipeline in Highly Fragmented, Growing Markets Work From Home and Structural Housing Need Provide Tailwinds % of Workers WFH or Hybrid 3 88% 79% 79% 80% 81% 80% ~80% 40% Total Market Size of wor ker s WFH or work Hybrid3 $25.8B 2019 2020 2021 2022 2023 2024 2025 Remote Workers % On-site Exis
Slide 7: Elauwit's Solution: Owning the "Last 100 Feet"
Elauwit’s Solution: Owning the “Last 100 Feet” 1 Elauwit Leased 10 Gig Carrier Fiber We bring a carrier-grade fiber connection directly into the 2 Elauwit Fiber Distribution Network We directly connect residents, staff, and all common areas to 3 Elauwit WiFi-6 Access Points (all units & common areas
Slide 8: Superior Service Offering For Property Owners
Superior Service Offering For Property Owners… Financial Impact WiFi becomes a new Legacy ISPs take 100% Vs underwritable revenue wallet share stream Technology Enablement Limits prop-tech Enables smart building Vs deployment technology Partnership & Footprint Nationwide turnkey Geographic limitatio
Slide 9: Drives Better Experience for Residents
… Drives Better Experience for Residents Immediate Connectivity Remote connectivity; Requires installation immediate service from appointments and delays Vs move in date; never connectivity schedule installation again Fast & Responsive Service Poor history of customer Steadfast focus on support ofte
Slide 10: Differentiated MSP with Leading Customer Service
Differentiated MSP with Leading Customer Service End-to-End Network Delivery: In-house project Nationwide Reach: Active footprint in 25 states management and network engineering teams design, and growing. provision, and install fully managed WiFi networks. White-Glove Account Management: Dedicated S
Slide 11: Expect Long-Lived High Margin Contract Revenue
Expect Long-Lived High Margin Contract Revenue Managed Service Network-as-a-Service (New Builds) (Brownfield) ▪ Turnkey offering for new builds ▪ Turnkey offering for existing properties ▪ Projects bid on and won through RFP bid process ▪ Proprietary sourcing/negotiated opportunities ▪ No capital ex
Slide 12: Go-to-Market Strategy: Direct Salesforce to Drive Organic Growth
Go-to-Market Strategy: Direct Salesforce to Drive Organic Growth ▪ Project wins have been driven nearly entirely by legacy relationships stemming from Management’s long operating history in the industry ▪ Development of a dedicated sales and marketing effort will enhance Elauwit’s pipeline and visib
Slide 13: Large and Growing Pipeline Set to Accelerate
Large and Growing Pipeline Set to Accelerate Pipeline Detail NaaS Case Study(1) - GoldOller Managed Service – Elauwit has an extensive landscape of project proposals outstanding or in progress ▪ 400+ tracked opportunities ▪ Real estate firm focused on multifamily investments, ▪ Near-Term Pipeline re
Slide 14: Financial Overview
— elauwit Financial Overview
Slide 15: Financial Results Summary
Financial Results Summary Key Observations 16.6k Units Activated through Q2 2025(1) 2024 Revenues TTM Revenues ~$8.5M ~$16.9M ~$1.9M TTM Recurring Service Revenue ~117% YoY Growth ~99% YoY Growth ~$15.0M TTM Installation Revenue 2024 Gross Profit TTM Gross Profit 20.6% TTM GM as % of Revenue ~$1.2M
Slide 16: Use of Proceeds
Use of Proceeds Network-as-a-Service ~$8.0M Funding for infrastructure and technology initiatives to support service expansion Project Deployments Includes repayment of all or a portion of the outstanding balance under the Fixed ~$2.0M Debt Repayment Rate Loan Agreement with Endurance Opportunities
Slide 17: Conclusions
Conclusions Large, Growing, Fragmented Markets Disruptive Managed Service WiFi / NaaS Provider Provide New Cash Flows for Customers Superior Customer Service for Residents Long-term, Low Churn, High Margin Capital Injection Clear Catalyst for Accelerated Growth C O N F ID EN T I A L │ 17
Slide 18: Appendix
— elauwit _ Appendix
Slide 19: Financial Results Support
Financial Results Support Q2 2025 Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 TTM FY 2024 FY 2023 (In $ thousands) (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) (AUDITED) (AUDITED) Income Statement Highlights: Revenues $6,078 $5,617 $3,338 $1,859 $1,702 $1,596 $16,8
Slide 20: Elauwit Connection, Inc. Connectivity Reimagined
Investor Relations: Matt Kreps Darrow Associates +1-214-597-8200 mkreps@darrowir.com Elauwit Connection, Inc. Connectivity Reimagined