Intellicheck, Inc. · NASDAQ:IDN
Intellicheck — Investor Presentation (November 2023)
17 slides from Intellicheck's investor presentation, Nov 15, 2023
Slide 1: Investor Presentation November 2023
& intellicheck Investor Presentation November 2023 11/15/23
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Forward-Looking Statements: This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the forward-looking statements in this pr
Slide 3: Intellicheck at a Glance
Intellicheck at a Glance Our products are used across a wide variety of industries, both in-person and digitally Banking & Financial Services; Retail; Automotive; Law Enforcement; Alcohol, Tobacco and Cannabis Sales; Gaming; Title Insurance No hardware requirements lead to rapid deployment Trailing
Slide 4: Best first step in identity validation to stop fraud losses
° We believe Intellicheck is the best first step in identity validation to stop fraud losses and AML/KYC ° Our unique approach is highly accurate, instant and fully automated — “Prior to us using it in the field, we scanned over 1,000 known counterfeits, each one was detected.” * New York State DMV
Slide 5: Magnitude of the fraud Problem in 2022
Magnitude of the fraud Problem in 2022 Total Fraud 15.4 $20.3 $1,311 Existing Account Fraud 14.3 $16.4 $1,320 New Account Fraud 3.6 $3.9 $1,919 Account Takeover Fraud 4.5 $11.0 $2,008 @ intellicheck 5
Slide 6: We Are Very Different
We Are Very Different > 28 State-level law enforcement agencies use Intellicheck to validate ID’s. Why is that important? — Law enforcement alone can check ID’s with every DMV in North America ° Yet they choose Intellicheck instead because we are just as accurate and lightning fast WE BELIEVE NO OTH
Slide 7: We Are Very Different
We Are Very Different For in-branch or retail use cases, we typically work with the existing hardware Point-of-sale scanner, branch check scanner In use at over 4,800 bank or lender branches and over 30,000 retail locations > For digital use cases, our accuracy means our clients introduce less frict
Slide 8: How We Are Used To Stop Fraud Losses
How We Are Used To Stop Fraud Losses Physical and Digital New Account Opening Opportunities - Instant credit, BNPL, bank accounts, loans, automotive test drives, title insurance, etc. — In-person or through website or mobile app Card-Not-Present - “| forgot my store-branded credit card; can you look
Slide 9: Representative Financial Services Clients
Representative Financial Services Clients A top 5 bank with over 2 million accounts, $1.7 trillion in assets, and one of the top 3 credit card issuers in the country. Intellicheck is in use in the bank branches and at their merchant retailers for instant credit Signed 3-year renewal with 20% guarant
Slide 10: What We Deliver
What We Deliver IDN-Portal * Mobile app-based ID validation * Rapid implementation - Turn it on and it works ALS IDN-Portal+ \{_T 77 ¢ Web-based no-integration platform NY * Validate someone in front of you or remote * Advanced analytics and risk signal detection IDN-Direct ¢ API-driven identity val
Slide 11: Accurate Fast
©> woy intellicheck Accurate Fast Over 99.9% accuracy Results in < a second Equals more clients Less fraud — fewer penalties Faster validation Better Experience Quick Set-up Fewer user steps No new hardware Rest API or sign-up + use Greater user retention Be up and running in >! hour copyght © 2021
Slide 12: Q3 Recap
& intellicheck Q3 Recap
Slide 13: Q3 Developments
Q3 Developments Continued to increase our online penetration for remote authentication with significant organizations Signed second largest title company in the U.S. ° Signed the leading comprehensive digital closing platform used by title, escrow, real estate, and mortgage lending professionals Pro
Slide 14: Financial Overview
& intellicheck FINANCIAL OVERVIEW
Slide 15: Q3 2023 Financial Highlights
Q3 2023 FINANCIAL HIGHLIGHTS Total Revenue: $4,760,000 (+19% YoY) SaaS Revenue: $4,635,000 (+17% YoY) — Record Q3 Total Gross Margin: 91.0% * Cash & ST Investments: $8,910,000 * Stockholders’ Equity: $17,071,000 * Debt: $0 * Net Loss: ($644,000) — Includes $342,000 non-cash equity compensation expen
Slide 16: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION Adjusted EBITDA, We use Adjusted EBITDA as a non-GAAP financial performance measurement. Adjusted EBITDA is calculated by adjusting net loss for certain reductions such as interest and other income (expense) and certain addbacks such as non-restructuring severance expe
Slide 17: Intellicheck.com
blewis@intellicheck.com gar@globalirgroup.com oS info@intellicheck.com Intellicheck.com