Intelligent Protection Management Corp. · NASDAQ:IPM
Intelligent Protection Management — PeerStream — Q1 2019 Earnings Presentation
12 slides from Intelligent Protection Management's earnings presentation, May 2, 2019
Slide 1: Q1 2019 Earnings Presentation
Q1 2019 EARNINGS PRESENTATION PeerStream, Inc. | OTCQB: PEER April 2019
Slide 2: Forward-looking statements disclaimer
This presentation is for discussion purposes only. Certain material is based upon third party information that we consider r eli able, but we do not represent that it is accurate or complete, and it should not be relied upon as such. Certain statements in this presentation constitute “forward - look
Slide 3: Communications software innovator for security and privacy
3 OTCQB:PEER A communications software innovator developing enhanced security and privacy solutions for video, voice, and text applications and data transmission, targeting consumer, government and enterprise clients.
Slide 4: PeerStream Offers Communications Security Over Public Networks
PeerStream Offers Communications Security Over Public Networks PeerStream protects data flows over public networks, offering support to global organizations Four levels of enhanced security build on multi - layer encryption and intelligent network routing to secure sender and recipient identities Co
Slide 5: Go-to-Market Strategy in $140Bln Cybersecurity Market
Go - to - Market Strategy in $140Bln 1 Cybersecurity Market ✓ Pursuing Market Opportunities • Negotiations underway with strategic partners in Cybersecurity that align with and/or compliment PSP’s core value offering • Teaming up with subject matter experts and consultants in Government • Exploratio
Slide 6: Recent Development & Financial Presentation
Recent Development & Financial Presentation 6 On January 31, 2019, we entered into an Asset Purchase Agreement with The Dating Company, LLC, pursuant to which we sold substantially all of the assets related to our online dating services business (the “Dating Services Business”) During the first quar
Slide 7: Financial Highlights
Financial Highlights 7 • Q1 2019 revenue of $4.9MM increased 19.7% vs. Q1 2018 • Net income was $0.6MM for Q1 2019, a $1.5MM increase vs. Q1 2018, driven by incremental technology service revenue and the sale of the Dating Services Business • Net income from continuing operations was $0.1MM for Q1 2
Slide 8: Revenue
• Q1 2019 revenue of $4.9MM increased 19.7% vs. Q1 2018 • Q1 2019 revenue includes the technology services revenue from the ProximaX Technology Services Agreement 03/31/19 $4.9MM quarterly total revenue $1.7MM Technology Services Revenue Revenue 8
Slide 9: Earnings and Profitability
Earnings and Profitability 9 • Net income improved $1.5MM driven by the technology service revenue and the gain on sale of the Dating Services Business • Net income from continuing operations improved $0.6MM • Q1 2019 adjusted EBITDA 1 improved $0.4MM 1 Adjusted EBITDA is a non - GAAP measure. See t
Slide 10: Cash Flows
• Net cash flow for the three months ended March 31, 2019 was $(1.3)MM • Cash and cash equivalents of approximately $5.3MM at March 31, 2019, $0 debt, and approximately $184 thousand of operating lease obligations Cash Flows 10
Slide 11: Corporate Announcements
Corporate Announcements 11 ● Transition of Judy Krandel, CFO ○ On May 6, Judy will transition to a consultant role, assisting the company in investor relations, strategy, and business development ○ Alex Harrington will assume the duties of principal financial officer on an interim basis during the s
Slide 12: Non-GAAP Financial Measures
Non - GAAP Financial Measures Adjusted EBITDA is defined as net income (loss) adjusted to exclude net income (loss) from discontinued operations, interest inc ome, net, income tax benefit, depreciation and amortization expense and stock - based compensation expense. The Company presents Adjusted EBI