Inseego Corp. · NASDAQ:INSG
Inseego — B. Riley (May 2018)
16 slides from Inseego's conference presentation, May 24, 2018
Slide 1: Investor Presentation - B. Riley Dan Mondor, CEO
Investor Presentation - B. Riley Dan Mondor, CEO May 24, 2018
Slide 2: Safe Harbor
Safe Harbor Safe Harbor Statement - The following presentation contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for “forward-looking statements” within the meaning of the Private Securitie
Slide 3: Inseego's global presence
North Asia America Europe Inseego’s global presence Africa Australia & New Zealand NASDAQ: INSG Novatel Wireless Est. Listed Nasdaq DigiCore (Ctrack) Acquisition 1996 2000 2015 1986 1999 2015 2017 DigiCore (Ctrack) Est. Feeney Wireless Est. Feeney Wireless Acquisition Rebranded to Inseego 740K Globa
Slide 4: Transformation to Inseego 2.0
Transformation to Inseego 2.0 Deliver New High Margin Products and Services 3 Growth & Deleverage Focus on High Growth Markets Grow Adj. EBIDTA – Generate Cash to Deleverage Balance Sheet Launched Inseego 2.0 with 3 Year Growth Strategy 2 Plan & Execute on New Strategy 2018 Development of Comprehens
Slide 5: New Leadership Team
New Leadership Team Dan Mondor Steve Smith Ashish Sharma Chris Lytle Chief Executive Officer Chief Financial Officer Chief Marketing Officer Chief Strategy Officer EVP IoT & Mobile Solutions EVP Enterprise SaaS Solutions John Levin & Co. Sales Leadership Mark Frisch Rick Harris To Be Announced SVP S
Slide 6: Secure Device-to-Cloud Solution
Secure Device-to-Cloud Solution Mobile Intelligent Integration with Integrated Solutions Insights Customer Systems Solutions Internet Smart Edge Solutions SaaS Solutions Enterprise Connected Airport of Things Integration Smart City Connected SMB Connected Enterprise IoT Subscription Secure Solutions
Slide 7: 5G Extends Device-to-Cloud Capability
5G Extends Device-to-Cloud Capability Thousands of use cases Smartphone with apps 5G Super fast, low-latency, multi-Gigabit nationwide footprint Mobile Internet 4G Smartphone application proliferation, 3G Brought us mobile internet mobile broadband Initial 5G rollouts 7
Slide 8: Inseego Firsts - Mobilizing the Intelligent Enterprise
Inseego Firsts - Mobilizing the Intelligent Enterprise IoT & Mobile Solutions 1990s: Fueling the Empowering the masses Leveraging innovation Nationwide mobile revolution with access to mobile Catapults IoT broadband data applications footprint 1990’s 2000’s Today Enterprise SaaS Solutions 1st GSM ba
Slide 9: Broad Portfolio of Solutions
Broad Portfolio of Solutions IoT & Mobile Solutions Enterprise SaaS Solutions IoT Mobile Cloud Telematics Subscription Management • Routers • Hotspots • Aviation • Government • Gateways • Voice • SMB • Enterprise • Modems • Fixed Wireless • Enterprise Fleets • Trackers • Personal Trackers 9
Slide 10: IoT Device-to-Cloud Growth Opportunity
IoT Device-to-Cloud Growth Opportunity* *Annual IoT & Mobile Solutions Fixed & Mobile TAM • Autonomous Vehicles 5G/LTE $5B+ • Massive IoT $4.5B • Virtual Reality IIoT Solutions $1.4B+ • Industrial Automation Significant Expansion $1.8B Serviceable Market Fleet Analytics/BI TAM Enterprise SaaS Soluti
Slide 11: Inseego Solutions Trusted by Blue Chip Companies
Inseego Solutions Trusted by Blue Chip Companies Fortune 500 Customers and Partners // Government and Enterprise Customers South Africa 11
Slide 12: Financials
Financials
Slide 13: Financial Summary
Financial Summary IoT & Mobile Solutions Net Quarterly Revenue Non-GAAP Gross Margin revenue decline attributed to New Contract softness in legacy MiFi Manufacturer business as customers shift their focus to 5G => 5G portfolio will turn this into solid growth beginning in 2019 Q1’17 Q2’17 Q3’17 Q4’1
Slide 14: Inseego Target Operating Model
Inseego Target Operating Model Key Growth Drivers Target Accelerating SMB/Fleet Revenue Growth > 25% CAGR Telematics Growth 5G Fixed and Mobile Adj. EBITDA Margin > 15 - 20% Aviation Plus New Industrial IoT Products Cloud Verticals FCF as % of Adj. EBITDA > 60% Net Leverage Ratio 2x 2018 2019 2020 1
Slide 15: Investment Highlights
Investment Highlights New Management Team with Proven Track Record 5G Fixed Wireless and Industrial IoT are Near-Term Growth Drivers Accelerating Growth in Recurring, High Margin Enterprise SaaS Solutions NASDAQ INSG Core Technology, Large Number of Referenceable Service Provider and Enterprise Acco
Slide 16: Thank You
Thank You (Nasdaq: INSG) Global HQ: San Diego, CA www.Inseego.com For more information contact: Investor Relations joohunkim@mkrir.com Media Relations anette.gaven@inseego.com 16