Intelligent Protection Management Corp. · NASDAQ:IPM
Intelligent Protection Management — PeerStream — Q2 2018 Earnings Presentation
12 slides from Intelligent Protection Management's earnings presentation, Aug 6, 2018
Slide 1: Q2 2018 Earnings Presentation
Q2 2018 EARNINGS PRESENTATION PeerStream , Inc. | OTCQB: PEER August 2018
Slide 2: Forward-looking statements disclaimer
This presentation is for discussion purposes only. Certain material is based upon third party information that we consider r eli able, but we do not represent that it is accurate or complete, and it should not be relied upon as such. Certain statements in this presentation constitute “forward - look
Slide 3: A global internet solutions provider pioneering blockchain adoption
3 OTCQB:PEER A global internet solutions provider pioneering real - world adoption of emerging blockchain technologies by developing software, services and applications for corporate clients and consumers
Slide 4: PeerStream Solutions Build on Blockchain
PeerStream Solutions Build on Blockchain 4 Leveraging the best of blockchain to build and operate innovative apps for consumers and now B2B Blockchain services and solutions for third - party developers and corporate clients Software that extends the capabilities and facilitates adoption of blockcha
Slide 5: Blockchain High Growth Market Opportunity
Blockchain High Growth Market Opportunity x Enterprise and government sectors are embracing the value of blockchain tech x Nearly 6 in 10 large corporations considering blockchain deployment 1 x The market for blockchain services was approximately $695MM in 2017 and expected to grow to more than $79
Slide 6: Next Steps to Fuel Strategic Growth
Next Steps to Fuel Strategic Growth 6 Branding/ marketing/ build market awareness and presence Assessing future proprietary software development to expand capabilities Evaluating tuck - in acquisitions Exploring partnerships and joint ventures Referrals from ProximaX integration partner and inbound
Slide 7: Impact of ProximaX Deal on Q2 2018 and Beyond
Impact of ProximaX Deal on Q2 2018 Beyond 7 • The deal is valued in total at $13.4MM • The upfront payment of $5MM cash and $3.4MM in tokens is expected to be recognized ratably over the contract term, beginning with Q2 2018 • Upfront net cash received of $4.9MM posted to balance sheet on 5/7/18 1 •
Slide 8: Financial Highlights
F inancial Highlights 8 • Q2 2018 revenue of $7.4MM increased 18.5% vs. Q2 2017 and 28.6% vs. Q1 2018 • Income from operations for Q2 2018 was $0.1MM, an improvement of $1.6MM vs. Q2 2017 and $0.9MM vs. Q1 2018 • Net loss was $1.9MM for Q2 2018, driven by a $2MM negative change in fair value of digi
Slide 9: Revenue
• Q2 2018 revenue of $7.4MM increased 18.5% from Q2 2017 and 28.6% from Q1 2018 • Q2 2018 revenue includes the initial Business Solutions revenue from the ProximaX Technology Services Agreement 06/30/18 $7.4MM quarterly total revenue $2.1MM Initial Business Solutions revenue R evenue 9 $5,743 $4,985
Slide 10: Earnings and Profitability
Earnings and Profitability 10 • Q2 2018 income from operations reflected improvement of $1.6MM as compared to Q2 2017 • Q2 2018 net loss of $1.9MM driven by $2MM negative change in fair value of digital tokens • Q2 2018 a djusted EBITDA was $ 1.0MM, a $1.5MM improvement from Q2 2017, reflecting the
Slide 11: Cash Flows
• Net cash flow for the three months ended June 30, 2018 was $3.6MM, including upfront cash payment of the ProximaX Technology Services Agreement • Cash and cash equivalents of approximately $7.7 million at June 30, 2018; $0 debt C ash Flows 11 $452 $3,602 $0 $1,000 $2,000 $3,000 $4,000 Q2 2017 Q2 2
Slide 12: Non-GAAP Financial Measures
Non - GAAP Financial Measures Adjusted EBITDA is defined as net income (loss) adjusted to exclude interest (income) expense , net, other (income) expense, net, income tax expense (benefit), depreciation and amortization expense, loss on disposal of property, change in fair value of digital tokens an