Intelligent Protection Management Corp. · NASDAQ:IPM
Intelligent Protection Management — PeerStream — Q3 2018 Earnings Presentation
12 slides from Intelligent Protection Management's earnings presentation, Nov 9, 2018
Slide 1: Q3 2018 Earnings Presentation
7 Q3 2018 EARNINGS PRESENTATION @ PEERSTREAM © eee rae nee November 2018
Slide 2: Safe Harbor
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Slide 3: PeerStream is a Pioneering Technology Company
® PeerStream is a Pioneering Technology Company We are a global internet solutions provider pioneering real-world adoption of emerging blockchain technologies by developing software, services and applications for corporate clients and consumers. + 26 issued patents + IP licenses to Microsoft, Sony &
Slide 4: Blockchain High Growth Market Opportunity
® Blockchain High Growth Market Opportunity + Enterprise and government sectors are embracing the value of blockchain tech ing blockchain deployment + Nearly 6 in 40 large corporations consid + The market for blockchain services was approximately $695MM in 2017 and expected to grow to more than $79
Slide 5: Next Steps to Fuel Strategic Growth
Next Steps to Fuel Strategic Growth ~ CoN E © Building glea Assessing. business / enera future development | t al ns proprietary and sales software to efforts expand addressable market LF)
Slide 6: Signed MSA with Chateaux
@) Signed MSA with Chateaux + We expect that the Master Service Agreement will expand the breadth of our client service capabilities * Chateaux is a leading enterprise blockchain solution development organization + Premier technology partner with IBM Blockchain and Microsoft, and an AWS Partner Netw
Slide 7: Financial Highlights
AH2, @) Financial Highlights + Q3 2018 revenue of $6.7MM increased 12.8% vs. Q3 2017 + Q3 2018 subscription revenue from video properties stable, offset by a decline in subscription revenue from dating properties + Net loss was $570K for Q3 2018, driven by an increase in non-operating losses resulti
Slide 8: Third Quarter Highlights: Revenue
Third Quarter Highlights: Revenue + Q3 2018 revenue of $6.7MM increased 12.8% vs. Q3 2017 reflecting Business Solutions revenue from the ProximaX Technology Services Agreement + Year-to-date 2018 revenue of $19.8MM increased 5.0% vs. year-to-date 2017 revenue $6.7MM quarterly (o) = total revenue S $
Slide 9: Third Quarter Highlights: Profitability
® | Third Quarter Highlights: Profitability + Q3 2018 net loss of $570K driven principally by non-operating losses resulting from a $576K impairment loss on digital tokens received in connection with the ProximaX technology services + Q3 2018 adjusted EBITDA was approximately $884K, a $2.0MM improve
Slide 10: Cash Flows
® Cash Flows + Cash and cash equivalents of approximately $7.2MM at September 30, 2018; $0 long-term debt + Net cash flow for the nine months ended September 30, 2018 was $3.1MM, including an upfront cash payment of the ProximaX Technology Services Agreement + Net cash used in operating activities f
Slide 11: Thank You
‘ PEERSTREAM THANK YOU PeerStream, Ine. | Ticker: PEER ir@peerstream.com
Slide 12: Non-GAAP Reconciliation: Adjusted EBITDA
| Non-GAAP Reconciliation: Adjusted EBITDA [Non-GAAP Financial Messures ‘usted EBITDA's defined as net income oss) adjusted to excude interest (income) expense, net, other income) exponse, ne. income tax expense (bene) deprecation and ‘amortization expense loss on disposal of property and equipment,