Smith Micro Software, Inc. · NASDAQ:SMSI
Smith Micro Software — Investor Presentation (May 2023)
20 slides from Smith Micro Software's investor presentation, May 2023
Slide 1: Investor Overview May 2023
INVESTOR OVERVIEW May 2023 © 2023 Smith Micro Software, Inc. Confidential. Any unauthorized disclosure or distribution is strictly prohibited. All rights reserved. 1
Slide 2: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This presentation includes, and any related discussion may include, forward-looking statements regarding future events or results within the meaning of the Private Securities Litigation Reform Act. All statements other than statements of historical fact may be forward-look
Slide 3: Smith Micro (NASDAQ: SMSI) – 40 Years of Mobile Software Expertise
SMITH MICRO (NASDAQ: SMSI) 40 Years of Mobile Software Expertise Trusted by carriers, manufacturers and enterprises worldwide. Developed deep expertise in mobile platform and operating systems, highly scalable architecture and mobile industry standards. CUSTOMERS LEADERSHIP • Global service provider
Slide 4: What We Do
WHAT WE DO ✓ Deliver world class carrier grade software solutions ✓ Implement strategies and tactics to lead a successful implementation and launch ✓ Provide expertise in all aspects of the program from launch through all stages of life ✓ Processes and execution to exceed expectations of our partner
Slide 5: Our Customers
BI our CUSTOMERS @ SwrruMicRo Satsat’—s verizon” ~—‘F- ‘Mobile: cricket dzsh © vodafone “3 alcatel sky &
Slide 6: Product Lineup
PRODUCT LINEUP Digital Family Lifestyle™ Bring Devices to Life Next Generation Messaging
Slide 7: Why Digital Family Safety Solutions?
WHY DIGITAL FAMILY SAFETY SOLUTIONS? Today's connected family is on the go and parents need better tools to protect their families both inside and outside of the home. Smartphones and other screens offer more communication and entertainment opportunities than ever; but with those opportunities certa
Slide 8: Single Pane of Glass
SINGLE PANE OF GLASS The SafePath Platform provides a comprehensive connected life experience by connecting SafePath Family, IoT, Home and Drive solutions under a single pane of glass. The breadth and depth of SafePath allows carriers and service providers to adopt the entire platform or select indi
Slide 9: Best-in-Class UX/UI Design
BEST-IN-CLASS UX/UI DESIGN We work closely with our partners to rebrand SafePath screens to create stunning designs that give their customers a premier and branded experience they’ve come to expect.
Slide 10: Expertise for Growth
EXPERTISE FOR GROWTH Direct Marketing/CRM Promotion on Carrier-Owned Assets Digital Marketing B2B2C Direct to Carrier Customers Customer Care Support/Care SPIFFS Partnership Focused on Store Collateral/Employee Training Mutual Indirect Retailer Success Bundling Retail SPIFFS Education Segment Servic
Slide 11: The Tremendous Opportunity
THE TREMENDOUS OPPORTUNITY FOCUS ON FAMILY … Families – most profitable, … VALUE ADDED SERVICES ARE long-term subscribers STICKY … They depend on/trust our customers Family services are sticky … ACHIEVING GREATER VALUE Tremendous value and upside Family should be the mechanism that We believe the to
Slide 12: ViewSpot Studio – Autonomous New Delivery Medium
VIEWSPOT STUDIO – AUTONOMOUS NEW DELIVERY MEDIUM Deliver Easily Create Make Immediate Meaningful Analytics Dynamic Content Pricing Updates • Provides immediate operational • Bold content delivered to • Ensure pricing compliance information and customer devices and display screens feedback • Deliver
Slide 13: Global Footprint
GLOBAL FOOTPRINT 15K+ Retail Locations 150M+ Audience Smith Micro Offices Pittsburgh PA – USA HQ Aliso Viejo CA – USA Belgrade - Serbia Braga - Portugal Prague - Czech Republic Stockholm - Sweden Zilina - Slovakia
Slide 14: CommSuite – The Next Generation
COMMSUITE – THE NEXT GENERATION Monetize, modernize and brand the voice messaging experience Support SMS and MMS messages on any device Provides best in class Spam capabilities Retrieve messages on Voice Assistants Deliver users ads for other products or promotions
Slide 15: Revenue Trends
REVENUE TRENDS REVENUE Family Safety Other Commsuite ViewSpot $ 12,735 $ 12,674 • Significant opportunity to increase $ 11,699 $11,405 $ 10,930 $935 $1,080 revenues as migration to SafePath is $1,430 $5 $1,433 $1,004 $846 $1,056 completed. $1,070 $914 $826 • CommSuite revenues have declined as legac
Slide 16: Operating Expense Trends
OPERATING EXPENSE TRENDS OPERATING EXPENSES – NON GAAP Selling & Marketing Research & Development General & Administrative $13,726 $13,104 $12,826 $11,736 $11,262 • Historical level of Research & Development $3,202 $2,986 costs reflects investment to migrate $2,939 $2,795 $2,781 customers acquired i
Slide 17: Investment Thesis
INVESTMENT THESIS • Dominant Player in white-label Family Safety Mobile application space • Existing contracts with all three Tier One Wireless Carriers in the United States • Significant untapped available market will allow for significant growth potential • Recurring revenue stream with ~70% Gross
Slide 18: Appendix
SMITHMICRO SOFTWARE Appendix
Slide 19: Operating Expense Reconciliation
OPERATING EXPENSE RECONCILIATION Offering / Other Stock Intangibles Acquisition (Severance/IP/ Non- GAAP Com pensation Am ortization Costs CFO) GAAP Q1-23 Selling and marketing expenses $ 3,554 $ (162) $ - $ - $ (93) $ 3,299 Research and development expenses 5,868 (224) (3) (460) 5,181 General and a
Slide 20: Multi-Generational Connected Life Vision
MULTI-GENERATIONAL CONNECTED LIFE VISION Family is more than just people – it’s also every connected device that is a part of the everyday Digital Family Lifestyle™ Children Car Elderly Home Network Pets/Things
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