Intellicheck, Inc. · NASDAQ:IDN
Intellicheck — Investor Presentation (October 2023)
20 slides from Intellicheck's investor presentation, Oct 3, 2023
Slide 1: Investor Presentation October 2023
& intellicheck Investor Presentation October 2023
Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Forward-Looking Statements: This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the forward-looking statements in this pr
Slide 3: Intellicheck at a Glance
Intellicheck at a Glance * Our products are used across a wide variety of industries, both in-person and digitally Banking & Financial Services; Retail; Automotive; Law Enforcement; Alcohol, Tobacco and Cannabis Sales; Gaming; Title Insurance No hardware requirements lead to rapid deployment ¢ Trail
Slide 4: Who We Are
Who We Are ° We believe Intellicheck is the best first step in identity validation to stop fraud losses and AML/KYC ° Our unique approach is highly accurate, instant and fully automated -“Prior to us using it in the field, we scanned over 1,000 known counterfeits, each one was detected.” * New York
Slide 5: Magnitude of the Fraud Problem in 2022
Magnitude of the Fraud Problem in 2022 Total Fraud 15.4 $20.3 $1,311 Existing Account Fraud 14.3 $16.4 $1,320 New Account Fraud 3.6 $3.9 $1,919 Account Takeover Fraud 4.5 $11.0 $2,008 @ intellicheck 5
Slide 6: We Are Very Different
We Are Very Different > 28 State-level law enforcement agencies use Intellicheck to validate ID’s. Why is that important? — Law enforcement alone can check ID’s with every DMV in North America ° Yet they choose Intellicheck instead because we are just as accurate and lightning fast WE BELIEVE NO OTH
Slide 7: We Are Very Different
We Are Very Different > For in-branch or retail use cases, we typically work with the existing hardware Point-of-sale scanner, branch check scanner — In use at over 4,800 bank or lender branches and over 30,000 retail locations > For digital use cases, our accuracy means our clients introduce less f
Slide 8: How We Are Used To Stop Fraud Losses
How We Are Used To Stop Fraud Losses Physical and Digital New Account Opening Opportunities - Instant credit, BNPL, bank accounts, loans, automotive test drives, title insurance, etc. — In-person or through website or mobile app Card-Not-Present - “| forgot my store-branded credit card; can you look
Slide 9: Representative Financial Services Clients
Representative Financial Services Clients ° A top 5 bank with over 2 million accounts, $1.7 trillion in assets, and one of the top 3 credit card issuers in the country. Intellicheck is in use in the bank branches and at their merchant retailers for instant credit Signed 3-year renewal with 20% guara
Slide 10: What We Deliver
at We Deliver ne, IDN-Portal NG PZ * Mobile app-based ID validation * Rapid implementation - Turn it on and it works IDN-Portal+ ¢ Web-based no-integration platform ¢ Validate someone in front of you or remote * Advanced analytics and risk signal detection IDN-Direct ¢ API-driven identity validation
Slide 11: Why Intellicheck
(> Why Intellicheck Accurate Over 99.9% accuracy Less fraud — fewer penalties Better Experience Fewer user steps Greater user retention “copyright © 2023 intelicheck Fast Results in < a second Equals more clients Faster validation Quick Set-up No new hardware Rest API or sign-up + use Be up and runn
Slide 12: Notable Wins in Q2
& intellicheck Notable Wins in Q2
Slide 13: Notable Wins Demonstrating Diversification of Clients
Notable Wins Demonstrating Diversification of Clients ° One of our largest banks finished their transaction bucket, and purchased 2.5 million more ° 2,700 branch regional bank pilot has started with small use case, large digital use case anticipated to start in October 1,400 branch regional bank pil
Slide 14: Diversification of the client base in the quarter
Diversification of the client base in the quarter © In Q2 we onboarded: 17 bars and restaurants. * An event security company. - An on-line marketplace for premium event seating. * 2 cannabis vending machine companies. * Acredit union and a small on-line bank. * An internet child safety company * 9 m
Slide 15: Q3 Update
& intellicheck Q3 Update
Slide 16: Q3 Current Developments
© Q3 Current Developments ° Signed one of the largest social media companies in the world to validate identities in North America — expected to go live by year end > Promoted Jonathan Robins to Chief Technology Officer > Hired David Jurgens to drive the channel partner initiative
Slide 17: Financial Overview
& intellicheck FINANCIAL OVERVIEW
Slide 18: Q2 2023 Financial Highlights
Q2 2023 FINANCIAL HIGHLIGHTS Total Revenue: $4,716,000 (+18% YoY) SaaS Revenue: $4,663,000 (+19% YoY) — Record Q2 Total Gross Margin: 92.5% * Cash & ST Investments: $9,068,000 * Stockholders’ Equity: $17,335,000 * Debt: $0 * Net Loss: ($777,000) vs. Net Loss prior year: ($1,098,000) — Includes $323,
Slide 19: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION Adjusted EBITDA We use Adjusted EBITDA as a non-GAAP financial performance measurement. Adjusted EBITDA is calculated by adjusting net income (loss) for certain reductions such as gains on debt forgiveness and interest and other income and certain addbacks such as inco
Slide 20: Intellicheck.com
blewis@intellicheck.com gar@globalirgroup.com A info@intellicheck.com Intellicheck.com