Boxlight Corporation · NASDAQ:BOXL
Boxlight — IPO Roadshow (November 2015)
26 slides from Boxlight's IPO roadshow presentation, Nov 10, 2015
Slide 1: Boxlight Corporation - Interactive Learning Technologies
BOXLIGHT. HBOXLIGHT. oo BOXLIGHT CORPORATION Interactive Learning Technologies
Slide 2: Forward Looking & Free Writing Prospectus
BOXLIGHT. Forward Looking & Free Writing Prospectus This presentation contains “forward-looking statements.” Forward-looking statements reflect our current view about future events. When used in this presentation the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or
Slide 3: Offering Summary
Ett Issuer BOXLIGHT Corporation ExchangelTicker NasdaqCM: BOXL Offering Size 1,111,111 Shares of Class A Common Stock (100% Primary) Price Range $8.00 - $10.00 Over-Allotment Option 15% (100% Primary) Use of Proceeds Current acquisitions, capital expenditures, working capital and other general corpo
Slide 4: BOXLIGHT Corporation
BOXLIGHT. GENESIS Collaboration Sales, Services, Support and Systems Integration solutions SBOXLIGHT. a Interactive Display Solutions ed ——————— CS ciobisens STEM Solutions XK \ BOXLIGHT Corporation Va HBOXLIGHT. an BOXLIGHT Corporation * Delivers interactive educational products and solutions for t
Slide 5: Classrooms Then and Now
Classrooms Then and Now Today... Tomorrow —e Wireless a Sintemet QL . nceractive Ol Networking Displays Digital Content Interactive Devices 4 \ Books a
Slide 6: Displays
BOXLIGHT. Displays Interactive Pen-Based Projectors + $1,000 - $1,500/device * Two points of Touch Interactive Touch-Based Projectors * $1,600 - $2,000/device + Ten Points of Touch + Interactive on any surface Interactive Flat Panels + 55"-95" + 4K, 3D, Built-In Processors + $2,000 - $15,000/device
Slide 7: Complementary Devices & Solutions
Complementary Devices & Solutions Classroom Ready Solutions Mounting Devices Software and Support + Mobile + Tablets/Laptops/Devices * Electronic or Manual * Networking Software, Content + Adjustable Height * $1,000 - $2,200/device 1} a - we ProPanels + Consulting Services and Training Gee 2B * 47 “
Slide 8: Learning Community
BOXLIGHT. Learning Community + Lesson plans + Laptops & Tablets Classroom Management Software * Resources * Windows, Mac and Android + Lesson plan development + Support + Engaging STEM software + Classroom presentations Annotation, curriculum and * Device connectivity network tools Network hardware
Slide 9: STEM Products
BOXLIGHT. STEM Products STEM Lab (Science, Technology, Engineering, Math) a it Global Push For STEM Solutions + New Paradigm (mobility, ease-of- use, tablet-justified) + 1/3 to 1/2 cost conventional solutions + High growth segments — developing economies, elementary, home schools + $500/Device - Car
Slide 10: BOXLIGHT Technology
BOXLIGHT. BOXLIGHT Technology BOXLIGHT Innovation Pioneered the interactive projector * Interactive projector patent- 8 countries Holds over 30 patents across largest worldwide markets Established new paradigm for science labs * Tablet-based, mobile, cost effective, new markets (elementary schools)
Slide 11: Best-In-Class Technology Awards
BOXLIGHT. Best-In-Class Technology Awards Best Of show ‘ward honors new technologies withthe most classroom impact WORLDDIDAC 2012 EDUCATION Foundation Award STEVVES 20{2 ‘Awards Of Excellence Honors new and upgraded products that demonstrate ‘excellence in ed-technology ‘American Business Awards "F
Slide 12: Global Education Technology Spending
BOXLIGHT. Global Education Technology Spending Worldwide Spend On Education Hardware 2015 Worldwide Spending By Device Type 25 ™ Complementary Devices $20.6 36 Classroom Displays = ™ Mobile PCs mq as $12.90 = = 0) $8.0 om e s Ul | © Mobile PCs/tablets - $9.4b ° © Classroom displays - $5.2b 2010 2011
Slide 13: Education Market Buzz
Education Market Buzz Education Investment is Trending Upward * "Global Ed Tech Financing Hits Record in Q1 2014” CB Insights, April 2014 * “It’s not only that there’s this huge behemoth sector of the economy that spends $1.2 trillion on educating kids, but that it’s old, it’s long in the tooth and
Slide 14: Displays - Millions
BOXLIGHT. Displays - Millions Replacement Technologies: 2012 — 2018e 14 13 13 13 12 "4 cy —Global Units —Replacement Units 0.34 0.26 0.10 iu 0.03 0.04 0.0%. 2012 2013 2014E = 2015E_«2016E 2017 (2018E Interactive Replacement Opportunity Of the seven million interactive displays in schools, one millio
Slide 15: Relationships & Trust
BOXLIGHT. Relationships & Trust School Districts * Risk-averse market due to large scale of transactions Face increasingly more complex products Have a shortage of technical resources * Work within budget constraints * Need a trusted, experienced advisor — built on longstanding relationships ENRYCOU
Slide 16: Sales & Distribution Worldwide
BROXLIGHT. Sales & Distribution Worldwide VG Coverage of US Market jim Current Reach: All Major Markets
Slide 17: BOXLIGHT Advantage
BOXLIGHT. BOXLIGHT Advantage Growth Opportunities * Strategic mergers post-IPO * Technology solutions with focus on recurring revenues — hardware, software, content Education focused value added partners — increases US & International footprint Deep history of partnering with companies we know and t
Slide 18: Leadership Team
BOXLIGHT. Leadership Team ] « , - s <= 4 | Mark Elliott Michael Pope Hank Nance Sheri Lofgren Pat Henry Dov Bruker John Campbell CEO President coo CFO. cso President: Globisens President: Genesis Promethean Boxlight Logical Choice Promethean Glot ns Promethean President Managing Director President C
Slide 19: Board of Directors
BOXLIGHT. Board of Directors 2 +] f we wae r Robin Richards Rudy Crew Tiffany Kuo Mark Elliott Michael Pope Blackboard NYC Department of —_ Everest Promethean Vert Capital Connect Education Career Arc Harvard University ExxonMobil Apple Omniture Mp3.com Miami-Dade County Deloitte £3 Corporation Gran
Slide 20: Pipeline
BOXLIGHT. aes Pipeline TOTAL PIPELINE? * High profile projects include BOXLIGHT $ 67,575,320 $17M Baltimore County . Schools, $10M Atlanta Public Globisens $ 11,545,655 Schools and $5.1M China . Department of Education Genesis $ 11,256,554 ar — ee SUHES| * Includes $3.6M in Globisens Pipeline at 10/
Slide 21: Unaudited Pro Forma Combined Statements of Operations
BOXLIGHT. udited Pro Forma Combined Statements of = nded YTD Through (in thousands) December 31,2014 Sept 30, 2015 Revenue $ 29,285 $ 21,199 Cost of Goods Sold 21,738 16,708 Gross Profit Eee 7,547 4491 Operating Expenses 10,427 7,531 Other Expense (126) (171) Net Loss* $ (2,618) $ (2,871) EBITDA $ (
Slide 22: Revenue Growth & Profitability
BOXLIGHT. Revenue Growth & Profitability + Integrate sales, marketing and brand messaging strategies across companies Revenue with integrated product offering and combined global sales force Growth * Strategic acquisitions of companies to provide products, services, training or distribution that ext
Slide 23: Pre IPO Unaudited Pro Forma Combined Balance Sheet and Use of Proceeds
Pre IPO Unaudited Pro Forma Combined Balance MBOXLIGHT. Ge Use of Proceeds (in thousands) Cash & Cash Equivalents? > EE) capital : Working Capital $ 1,774 Cm \ general corporate ‘purpose, Goodwill $ 2,737 ei acquisitions, $3,000 Intangibles $ 9,479 Current acquisitions $4500 Long-Term Debt S 1,141 E
Slide 24: Capitalization Table
BOXLIGHT. Capitalization Table Including acquisitions effective upon the IPO and excluding IPO shares Common Shares Outstanding? 3,765,237 Warrants Outstanding? 410,686 Options Outstanding? 679,537 Fully Diluted Shares Outstanding 4,855,460 (1) Includes acquisitions effective upon IPO and a public o
Slide 25: Investment Highlights
BOXLIGHT. Investment Highlights Growing Market Organic Sales Growth Large, growing market in a performing History of growth with recurring revenue educational technology sector streams & upsell opportunities Proven Leadership Team Comprehensive Solution Suite Winning leadership team and BOD with Ful
Slide 26: Thank You
Thank You www.boxlightcorp.com