Slide 1: Know Your Transaction - H1 FY21 Report Presentation
Know Your Transaction Identitii Ltd H1 FY21 Report Presentation 9 March, 2021 2pm AEDT John Rayment, CEO, Identitii
Slide 2: Agenda
Agenda 1. Welcome 2. Overview and progress update 3. Growth strategy 4. Questions
Slide 3: Our vision
Our vision A trusted and transparent financial services industry, which is accessible to everyone, and where financial crime is impossible
Slide 4: What exactly do we do?
What exactly do we do? Identitii bridges the gap: Overlay multiple existing systems with a single platform, to bridge the growing gap between • between the growing demand from regulators and customers, and capabilities of legacy technology demand from regulators and customers to see more information
Slide 5: How do we do it?
How do we do it? Identitii’s Overlay+ platform: • collects data from Customers Request Report multiple different systems • creates a single view of all transaction Scalable Cloud Hosted ISO 27001 Certified information • facilitates missing information requests with other parties • sends complete and
Slide 6: On requesting information
On requesting information: Identitii enables large correspondent banks to securely share rich client and transaction data, across their own private network of trusted respondent banks
Slide 7: What's driving the industry to engage us?
What’s driving the industry to engage us? Global banks are exiting long-term relationships with smaller banks in high-risk markets, generating Since 2011, global new costs and risks, as companies find alternative access to global finance banking networks have declined by 22%1 Anti-money laundering A
Slide 8: On reporting information
On reporting information: Identitii automates complete and accurate AUSTRAC reporting, creating a single, transparent and auditable view of what is and isn’t reportable
Slide 9: What's driving the industry to engage us?
What’s driving the industry to engage us? The Banking Executive Accountability Regime (BEAR), set out in Part IIAA of the Banking Act 1959, establishes accountability obligations for authorised deposit-taking institutions (ADIs) and their senior executives and directors. The regime also establishes,
Slide 10: What is our growth strategy?
What is our growth strategy? Deliver Deliver Land Land Expand Expand Innovate Innovate Monetise Monetise Focus on the basics, and Leverage AUSTRAC’s Grow reporting deals to Continuously improve core Monetise other previous service existing clients in public discussion of include Request use-cases Ov
Slide 11: What is our sales strategy?
What is our sales strategy? Land Land Expand Expand Leverage AUSTRAC’s Grow reporting deals to public discussion of include Request use-cases regulatory non-compliance (correspondent bank and to drive sales of Reporting remediation) once contracts agreed First contract Second contract Multiple contr
Slide 12: How do we measure success?
How do we measure success*? Total address. market: For the end of FY22 One-off $ ARR $ Total $ 1 x global correspondent network with 35 respondent $7.3m $4.0m $11.3m • ~200 correspondent members banks in the world 2 x new global correspondent networks in pre- - - - production • incl. 16 of the top 2
Slide 13: Our management team
Our management team Trent Jerome Ben Buckingham Andrew Creighton Chief Financial Officer Strategy & Partnerships Business Development Experienced CFO who has held finance Strong background in driving Former Global Transformation Head and operational leadership roles at customer growth at McKinsey an
Slide 14: Questions?
Questions? CO identitii ; ee.)
Slide 15: Appendix
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Slide 16: Our capital structure
Our capital structure Capital structure Share register composition ASX ID8 Top 20 33.8% Date listed 17 October 2018 Share price $0.14 KTM Ventures Innovation Fund LP 4.9% Ordinary share on issue 151.8m HSBC Custody Nominees (Australia) Limited 4.2% Market capitalisation (undiluted) A$21.2m Bannaby I
Slide 17: Summary profit and loss
Summary profit and loss Period 31-Dec-20 31-Dec-19 Revenue from customer contracts 941,139 410,486 Other income and government incentives 599,008 655,237 Total revenue and other income 1,540,147 1,065,723 Expenses Salaries and employee expenses 1,629,781 2,081,747 Research and development expenses 6
Slide 18: Cash flow statement
Cash flow statement Period 31-Dec-20 31-Dec-19 Cashflows from operating activities $ $ Receipts from customers 936,479 432,455 Receipts from government grants and incentives 1,030,881 1,205,915 Payments to suppliers and employees (3,357,904) (4,517,976) Interest 414 (3,823) Total cashflow from opera
Slide 19: Disclaimer and important notice
Disclaimer and important notice. This presentation has been prepared by Identitii Limited (ABN 83 603 107 044) (Identitii, Company) The information contained in this presentation is subject to change without notice and Identitii does not have based on information available to it as at the date of th
Slide 20: Know Your Transaction
Know Your Transaction Email: investors@Identitii.com Phone: +61 2 8806 0438 Web: www.identitii.com