Namsys Inc. · TSXV:CTZ
Namsys — Shareholder Meeting (May 2023)
13 slides from Namsys's shareholder meeting presentation, May 12, 2023
Slide 1: NamSys Annual Meeting
NamSys Annual Meeting May 12th, 2023 11:00am Eastern time
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation contains forward-looking information. All statements, other than statements of historic fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, stat
Slide 3: NamSys delivers technology to make cash processing more efficient
“NamSys delivers technology to make cash processing more efficient, helping cash remain competitive with electronic payments.”
Slide 4: Products
Products Retail Transportation Processing Cirreon Smart Safe Cirreon Cash-in-Transit (CIT) Currency Monitors smart safe and Tracks and optimizes the physical pickup and Controller recycler device in-store delivery of cash Processes and fulfills cash for stores, branches and ATMs
Slide 5: Security and certification
Security and certification • Zero security incidents • 99.98% uptime in 2022 (Unchanged from 2021)
Slide 6: Operations
Operations • Continue to operate fully remote (17 employees) • Revenue up 8.4% (99% recurring) ($5.39MM versus $4.98MM) • Income before tax up 10% (Before tax $1.898MM versus $1.725M) • Gross margin of 58.3% • $6.1MM in cash and short term investments and no debt (as on Jan 31, 2023, up from $4.3MM
Slide 7: Historical revenue
Historical revenue 1600 1400 1200 1000 800 600 400 200 0
Slide 8: Revenue mix
Revenue mix $1,600,000 $1,400,000 $1,200,000 $1,000,000 $800,000 $600,000 $400,000 $200,000 $0 Q1-2020 Q2-2020 Q3-2020 Q4-2020 Q1-2021 Q2-2021 Q3-2021 Q4-2021 Q1-2022 Q2-2022 Q3-2022 Q4-2022 Q1-2023 Cirreon Safe Currency Controller Cirreon CIT USD
Slide 9: USD/CAD exchange rate
to 2020 levels • > 95% of revenue is collected in US Dollars • USD/CAD has returned 1.15 1.25 1.35 1.1 1.2 1.3 1.4 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Jul-21 Aug-21 Sep-21 Oct-21 Nov-21 Dec-21 Jan-22 USD/CAD exchange rate Feb-22 Mar-22 Ap
Slide 10: Regional banking crisis
Regional banking crisis Minimal exposure Processing • Regional banks and credit unions have outsourced their cash processing to CIT companies Currency • Represents 9% of revenue Controller Processes and fulfills cash for stores, branches and ATMs
Slide 11: International strategy
International strategy • Opened data centers in Amazon Web Service regions in Europe (Stockholm) and Africa (Cape Town) to support pilot projects • Sponsoring and attending the European Security Transport Association (ESTA) conference (https://www.esta-cash.eu/) • Established providers in this space
Slide 12: Questions and answers
Questions and answers 1. Has the reopening of the economy post pandemic had an impact on new business and revenue growth? 2. How does Namsys market its product and services? In the past, you've mentioned that trade shows/conferences have been a key way that the Company has established new business/c
Slide 13: Thank you for attending
f4namsys Thank you for attending Pel