Slide 1: Successful Capital Raise and Acquisition of CrowdVision
31/ 03/ 21 | WAYNE ARTHUR & JOHN RANKIN Successful Capital Raise and Acquisition of CrowdVision 6 April 2021 The World’s First Omnidata Intelligence Company 1
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer IMPORTANT: Please read the following before continuing. By attending an investor presentation or briefing, or accepting, accessing or reviewing this presentation, you acknowledge and agree to the terms set out below. The following applies to this document, the oral pre
Slide 3: Important Notice and Disclaimer
Important Notice and Disclaimer This document contains certain "forward-looking statements". The words "anticipate", "believe", "expect", "project", "forecast", "estimate", “outlook”, “upside”, "likely", "intend", "should", "could", "may", "target", "plan" and other similar expressions are intended
Slide 4: Important Notice and Disclaimer
Important Notice and Disclaimer In Australia, each recipient of this document must meet the requirements of section 708(8) or section 708(11) of the Corporations Act as either sophisticated investors or professional investors. Without limiting the foregoing, each recipient represents and warrants th
Slide 5: Important Notice and Disclaimer
Important Notice and Disclaimer The JLMs are acting only for the Company and will not be responsible to anyone other than the Company for providing the protections afforded to clients of the JLMs or for providing advice in relation to any potential offering of securities of the Company. This document
Slide 6: Executive Summary
Overview of Skyfii ● Data, Marketing, Communication and Automation intelligence platform built for physical venues ● The company has built a highly scalable cloud hosted proprietary platform that collects and analyses data Executive from a wide variety of enterprise grade IoT smart devices to provide
Slide 7: Investment Highlights
The acquisition of CrowdVision will: ● accelerate SKF’s growth, expands business development opportunities and extends SKF’s position as a leading global provider of venue intelligence and data analytics ● deliver a meaningful uplift in proforma ARR by over US$1.7m significantly rebasing the company’
Slide 8: Key Transaction Highlights
Transaction ● Skyfii has acquired all the issued share capital of CrowdVision, Inc. from private Terms vendors ● Total enterprise value of US$7.0-8.0 million ● Upfront cash consideration of US$1.0 million ● Deferred consideration of US$6.0-7.0 million payable 3 months following completion ○ Payable w
Slide 9: Financial Highlights
Total Operating Revenue 54% Financial Highlights CAGR Recurring revenues SKF Q3 FY21 Quarter Update ● Recurring revenue expected to be c.A$2.8m (+22% vs PCP) ● Current ARR of A$11m (4 year CAGR of 54%) ● Expected cash at bank as at 31 March 2021 of A$2.3m SKF FY21 Standalone Guidance ● Full year tot
Slide 10: Acquisition of: The Crowd Data Platform
ACQUISITION OF: THE CROWD DATA PLATFORM Enterprise-class software that generates data and insights for safe, efficient, enjoyable venues 10
Slide 11: Key Investment Highlights
Key Investment Highlights COMPANY SNAPSHOT: Advanced Scalable and modular multi-sensor data capture and Technology analysis platform with powerful AI/ML technologies and Founded: 2009 Computer Vision Locations: ● Belfast, UK ● Austin, Texas Attractive High percentage of SaaS revenues on long term Fi
Slide 12: Product Overview
MULTI-SENSOR Hi-Res Lo-Res 3rd Party DATA CAPTURE VIDEO ANALYTICS WiFi/BLUETOOTH DATA SOURCES API Product Overview: BUSINESS LOGIC / UI DATA PLATFORM APPS AND INTEGRATIONS Flexible and Scalable Data Platform Actionable & accurate data AI/ML-enhanced algorithms Data integrations via analytics and ins
Slide 13: AI-Enabled Analytics Engine
AI-Enabled Analytics Engine Measures People and the Utilization of Places and Assets Detect Spatial Utilization NUMEROUS AI TECHNIQUES UTILIZED • People Detection (Artificial Neural Networks, Machine-Learning Powered Sensors, Perception Analytics) • Connecting pedestrian detections into trajectories
Slide 14: Top-Tier Customers & Partners
CLIENT SNAPSHOT Top-Tier Customers & Partners Value Proposition Validated by +35 Enterprise Customers and Top Tier Partners LEADING PLAYER IN THE US MARKET 9 of top 15 Airports TOP-TIER GTM PARTNERS 13 of top 30 Total: 437M Enplanements 14 Confidential
Slide 15: Skyfii + CrowdVision Combined offering
AIRPORTS USE CASES Skyfii + CrowdVision Combined offering USE CASES DELIVERED Wifi Traffic flow and wait times Parking bay occupancy Flight Information Dwell times & crowd management People Counter Check in and security efficiency Gate lounge occupancy Carpark data Accurate queue monitoring Checkpoint Occup
Slide 16: Outlook
Outlook 16
Slide 17: Business Update & Growth Pipeline
CORE BUSINESS Business Update (excluding CrowdVision) & Growth Pipeline 12 Month Rolling Pipeline ● Pipeline continues to build as venues continue to reopen post vaccine rollout ● Extended lockdowns in Europe temporarily slowed $4.6m pipeline conversion during Q3 FY21 Proposal Preparation ● Q4 is ty
Slide 18: Outlook & Strategy
Continued investment Leveraging the Ongoing development Outlook into marketing activities to continue rebound within airports, stadiums post and rollout of new analytic products, such & Strategy to drive quality leads across all markets COVID-19 as new safety aspects of crowd as OccupancyNow™, to dr
Slide 19: Capital Raising Details
Capital Raising Details 19
Slide 20: Placement Overview
Placement Successful Placement to institutions, sophisticated and professional to raise A$10 million via the issue of approximately 60.6m shares: ● Issue Price of A$0.165 per share ● Placement under the Company’s existing placement capacity under listing rule 7.1 and 7.1A Placement Pricing The Place
Slide 21: Use of Funds
Use of Funds ● Payment of consideration for CrowdVision of up to A$10.5m1 Use of Funds Amount (A$m)1 (US$8m) Upfront cash consideration for CrowdVision $1.2m ● Working capital to fund CrowdVision organic growth to breakeven ● Capital to continue to pursue Deferred cash consideration for CrowdVision
Slide 22: Indicative Timetable
Record date for the SPP 7.00pm Thursday, 1st April 2021 Settlement of Placement Friday, 9th April 2021 Indicative Timetable SPP opens 9.00am Monday, 12th April 2021 Quotation of Placement Shares Monday, 12th April 2021 SPP closes 5.00pm Friday, 23rd April 2021 Issue of Shares under the SPP Monday, 2
Slide 23: Appendix
23) Appendix
Slide 24: About Skyfii
Company Profile About Skyfii ● ASX-listed, global technology company Data Intelligence ● Offices in 7 countries & Communications ● Deployed in 11,000+ venues Platform ● Active in 11+ verticals across Our vision is to improve visitor 35 countries experience by understanding behaviour. We achieve this by
Slide 25: Company Overview
Company Overview 35 countries in which SKF operate across 5 continents >3 year average contract length >65 % of revenues generated from recurring revenue streams >11 Verticals where we are proven >11k Venues where we are deployed 25
Slide 26: Key Verticals & Customers
AIRPORTS RETAIL CULTURAL MEDICAL SMART CITY COMMERCIAL CENTRES PROPERTY Key Verticals & Customers QSR SUPERMARKETS AUTO STADIUMS EDUCATION DEALERSHIPS 26
Slide 27: Proprietary Technology
Proprietary Technology • IO Connect automates the collection, storage and processing of data from a wide variety of sources. IO Insights BI Dashboard & • IO Insights automates reporting of data Automated Reporting collection in real time including: social, visitor, behavior, opportunity and WiFi. •
Slide 28: Data Intelligence for Physical Spaces
Data Intelligence for Physical spaces • Skyfii is fully integrated with the hardware and software offerings of the largest tech vendors such as Weather People Aruba, Cisco, Meraki and Ruckus. Counters • Skyfii has experience working with large volumes of heterogeneous data sets including: Guest Wi-Fi,
Slide 29: Market Overview
Market Overview We believe that both the Skyfii and CrowdVision solutions are at the Intersection of Major Long-Term Secular Growth Trends (All values presented in USD$) PEOPLE COUNTING DATA MONETIZATION ● Smart city trends driving demand ● Businesses integrating for analytics to process and analyze
Slide 30: Skyfii Technology Milestones
Early 2021 Skyfii technology milestones Early 2020 Skyfii partners with The acquisition of Boulder.AI purpose CrowdVision will 2018 built video advance Skyfii’s Future State Advancements Skyfii completes analytics edge machine learning & 2014 integration with Cisco device focused on AI Computer Vision I
Slide 31: Diversified Revenue Model
RECURRING REVENUES ● Subscription based model for access to IO platform ● Monthly fees charged on a per venue basis Diversified ● Price ranges from $50-$10,000 per venue per month ● Typically contracted on 3-5 terms Revenue Model NON-RECURRING REVENUES ● Professional services fees relating to Data an
Slide 32: Skyfii Executive Team Non-Executive Directors
Skyfii Executive Team Non-Executive Directors Wayne Arthur John Rankin Michael Walker Andrew Johnson Jon Adgemis Chief Executive Officer Chief Operating Officer Chief Information Officer Chairman & Non-Executive Non-Executive Director Director Koreen White Jason Martin Ian Robinson Lincoln Brown Sue O’Mall
Slide 33: International Offer Restrictions
International Offer Restrictions This document does not constitute an offer of new ordinary shares (“New Shares”) of the Company in any jurisdiction in which it would be unlawful. In particular, this document may not be distributed to any person, and the New Shares may not be offered or sold, in any co
Slide 34: International Offer Restrictions
International Offer Restrictions Singapore This document and any other materials relating to the New Shares have not been, and will not be, lodged or registered as a prospectus in Singapore with the Monetary Authority of Singapore. Accordingly, this document and any other document or materials in con
Slide 35: International Offer Restrictions
International Offer Restrictions United States This document may not be distributed or released in the United States. This document does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States or any other jurisdiction in which such an offer would be il
Slide 36: Risks
Reliance on The success of Skyfii’s business and its ability to grow relies on its ability to retain existing client relationships and develop and retention new ones. If Skyfii’s contracted clients, or clients under subcontracting agreement, amend or terminate their agreements of customers with Skyfii,
Slide 37: Risks
Past In accordance with its growth strategy, Skyfii has undertaken a number of acquisitions. At the time of each acquisition, Skyfii conducted due diligence enquiries. Notwithstanding this, it is possible that one or more material issues or liabilities may not acquisitions have been identified, or are
Slide 38: Risks
Skyfii’s financial reports are prepared in Australian dollars. However, a substantial proportion of the Skyfii’s sales revenue, expenditures Foreign and cash flows are generated in, and assets and liabilities are denominated in, US dollars, Euros and UK Pounds, including those exchange risk associated w
Slide 39: Risks
CrowdVision Skyfii depends on the talent and experience of its existing management personnel, including those who will join from CrowdVision. management However, despite incentives offered to key personnel, there can be no assurance that Skyfii will be able to retain all of its key personnel. and perso
Slide 40: Risks
Financial There can be no guarantee as to the on-going financial capacity of the vendors of CrowdVision. Any inability capacity of to recover amounts claimed under an agreement in respect of the Acquisition could materially adversely and recourse affect Skyfii's financial position and performance. to ve
Slide 41: Media and Investors Contacts
Media Investors John Rankin Craig Sainsbury Chief Operating Officer Executive Director Skyfii Market Eye p: +61 2 8188 1188 p: +61 428 550 499 e: john.rankin@skyfii.com e: craig.sainsbury@marketeye.com.au 41