Adcore Inc · TSX:ADCO
Adcore — Investor Presentation (June 2020)
15 slides from Adcore's investor presentation, June 2020
Slide 1: Adcore Investors Presentation June 2020
Adcore Investors Presentation June 2020
Slide 2: Disclaimer
2 Certain statements herein relating to Adcore Inc. (“ADCORE” or the “Company”) constitute “forward- looking statements”, within the meaning of applicable securities laws, including without limitation, Disclaimer statements regarding future estimates, business plans and/or objectives, sales programs
Slide 3: Confidential Investor Presentation May 2019
13 CONFIDENTIAL INVESTOR MAY 2019 PRESENTATION MAY 29, 2019 Play
Slide 4: Our integrated solution: Turning AI into ROI
4 Our integrated solution: Turning AI into ROI A comprehensive visual account audit in Ultimate shopping tool just 30 seconds Ultimate automation tool for for marketing professionals search marketing professionals The most powerful account auditing technology, FEEDITOR is an online based shopping pr
Slide 5: Company Highlights Investment Highlights
5 Company Highlights Investment Highlights Agency & Direct clients 400+ YOY revenue growth (‘19 vs. 18) 49% Digital advertising accounts 10,000+ Undervalued vs. Peer group 50% YOY client growth 415% Adjusted EBITDA 5.6 mil 83% Owned by founders & CAGR over past 8 years 39% management
Slide 6: Management & Board
6 Management & Board Omri Brill, Chairman CEO Ronnie Jaegermann, Director ,Mr. Brill has 20 years of experience in the online advertising technology Mr. Jaegermann serves as an officer of Cann-Is Capital and a board member of industry. As a leading expert in the field of digital advertising, Mr. Bri
Slide 7: Revenue Model
7 Revenue Model A healthy mix of Direct & Indirect advertisers We earn a percentage of the total Advertising Spend managed across the ADCORE platforms. 2019 Indirect Clients $300M (4% Comm) $15M Direct Clients 51% Indirect (10% Comm) Direct 49% 350 Agencies 50 Advertiser clients Client Ad Spend Mana
Slide 8: Rapid Growth 2011-2019
8 Rapid Growth 2011-2019 12M 15M 2019 13M 11M $15M Revenue 5.6M 8M 2019 5.5M 4M $5.6M EBITDA 2018 3.3M 2M 1.7M 2017 1.1M 2011 2012 2013 2014 2015 2016 2017 2018 2019 2019-2017 Adjusted EBITDA. 2019-2014 IFRS Audited Reports. 2013-2011 Israel GAAP Audited Reports. Numbers in CAD and rounded.
Slide 9: Quarterly results Q2 2019 to Q1 2020
8 Q2 2019 Q3 2019 Q4 2019 Q1 2020 $3.6M $4M $4.2M $3.3M 53% 25% 31% 3% Revenue Revenue Revenue Revenue $1.1M $1.46M $1.7M $0.84M 24% 37% 21% -34% Adjusted EBITDA Adjusted EBITDA Adjusted EBITDA Adjusted EBITDA 58% 64% 71% 68% Gross margin Gross margin Gross margin Gross margin $3.7M $4.4M $5.5M $6.3
Slide 10: What makes Adcore such a great company
9 Proprietary Tech What makes Adcore such a great company. Exclusive Partnerships 100% MRR
Slide 11: Do it. Milestones
10 2020 We say it Adcore Launched its Mean it.. Asia office to further accelerate APAC regional growth Do it. SEP 30, 2019 Adcore obtains official channel status in the Microsoft Ads JUL 25, 2019 partner program Adcore officially launches its Toronto office to further accelerate north American growt
Slide 12: Growth Strategy
11 Growth Strategy GROWTH THROUGH TECH GEO GROWTH ADCORE is continuing its ADCORE already operates in the worldwide expansion in 2020 by largest market segment - search opening a new location in the advertising. We plan to further west (Toronto) and in the east develop our technologies in (HK). The
Slide 13: Comparable Companies
12 Comparable Companies Enterprise Company Ticker Exchange Description Market Cap EV / Gross Profit EV / EBITDA (adj) Value (EV) 2019 TTM Criteo S.A CRTO NSDQ Ad Tech 1,705 1,404 3.0 4.7 Significant share price upside Evertz Tech ET TSX SaaS 1,308 1,320 5.8 17.8 Fluent, Inc FLNT NSDQ Ad Tech 309 375
Slide 14: Capitalization & Structure
CAPITALIZATION & STRUCTURE Common Shares 56m 88% 13 mil shares have traded since IPO Options & Warrants 8m 12% (1 mil monthly average) Fully Diluted 64m 100% Founders / Management / Insiders 46m 82% Trading Float (MGMT estimate) 10m 18% Share Price – May 29th, 2020 $0.69 Market Capitalization April
Slide 15: Thank You!
Thank You! Omri Brill, Naor Golan Chairman, CEO Head of Adcore Canada omri@adcore.com naor@adcore.com +972.54.6769.415 +972.54.6769.415