Intellicheck, Inc. · NASDAQ:IDN
Intellicheck — Investor Presentation (January 2023)
18 slides from Intellicheck's investor presentation, Jan 13, 2023
Slide 1: Investor Presentation January 2023
& intellicheck Investor Presentation January 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: 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 4: Magnitude of the Problem in 2021
Magnitude of the Problem in 2021 Total Fraud 15.3 $23.8 $1,551 Existing Account Fraud 14.1 $17.1 $1,526 New Account Fraud 49 $6.7 $2,720 Account Takeover Fraud 52 $11.4 $2,169
Slide 5: We Are Very Different
€ )> We Are Very Different ° 25 State-level law enforcement agencies use Intellicheck to validate ID’s. Why is that important? — Law enforcement can check ID’s with every DMV in North America ° And they choose Intellicheck instead because we are just as accurate and lightning fast NO OTHER ID VALIDA
Slide 6: 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 3,800 bank branches and over 30,000 retail locations For digital use cases, our accuracy means our clients introduce less friction No need
Slide 7: How We Are Used To Stop Fraud Losses
How We Are Used To Stop Fraud Losses Physical and Digital New Account Openings — Instant credit, BNPL, bank accounts, loans In-person or through website or mobile app ° Card-Not-Present — “| forgot my store-branded credit card; can you look me up” Bank Branches and Call Centers — Validate who you ar
Slide 8: Representative Clients
Representative 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 in use in the bank branches and at merchant retailers for instant credit — Signed 3-year renewal with 20% guaranteed increased usage in
Slide 9: IDN-Portal, IDN-Portal+ and IDN-Direct
‘ci IDN-Portal — NZ, * 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 signal detection IDN-Direct * API-driven identity validation * Bring Intelliche
Slide 10: Why Intellicheck
(>) > Why Intellicheck Accurate Fast Over 99.9% accuracy Results in < a second Less fraud — fewer penalties Faster validation Better Experience Quick Set-up Fewer user steps No new hardware Rest API or sign-up + use Greater user retention Be up and running in >| hour Y intellicheck 10
Slide 11: Recent Developments
Recent Developments ° Named Jeffrey Ishmael as Chief Financial Officer — Founding CFO and employee #7 for SaaS startup Cylance, Inc. —Cylance sold 4 years later to Blackberry for $1.4 Billion — Brings to table rapid growth experience, systems knowledge, experience in the cybersecurity sector ° Large
Slide 12: Notable Wins
& intellicheck Notable Wins
Slide 13: Notable Wins: major renewals completed with price increases
Notable Wins 2 major renewals completed with price increases, effective Q2 — Retailer with 1,100 locations at an increase of 33% — Retailer with 1,000 locations for a 3 year deal. Flat in year 1 - but adding high volume use case with a 300% increase in transaction volume, 87% increase year 2, 33% in
Slide 14: Notable Wins
Notable Wins Financial Services Company #7 rolled Intellicheck out in Canada Signed a global investment bank-owned financial solutions provider to 15,000 retailers. First use case will be digital credit for one of our existing brick-and- mortar home improvement retailers — implemented in Q4 2022 Res
Slide 15: Financial Overview
& intellicheck FINANCIAL OVERVIEW
Slide 16: Q3 2022 Financial Highlights
Q3 2022 FINANCIAL HIGHLIGHTS Total Revenue: $4,012,000 (-17% YoY) — Prior year included non- recurring hardware sale SaaS Revenue: $3,970,000 (+22% YoY) — New Record Gross Margin: 91.0% * Cash: $11,775,000 * Stockholders’ Equity: $18,332,000 * Debt: SO * Net Loss: ($724,000) vs. Net Loss prior year:
Slide 17: 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 in
Slide 18: Intellicheck.com
blewis@intellicheck.com ar@globalirgroup.com i info@intellicheck.com Intellicheck.com