Intelligent Protection Management Corp. · NASDAQ:IPM
Intelligent Protection Management — PeerStream — Investor Presentation (October 2018)
25 slides from Intelligent Protection Management's investor presentation, Oct 9, 2018
Slide 1: PeerStream, Inc. Investor Presentation October 2018
Ticker: PEER INVESTOR PRESENTATION PeerStream , Inc. | OTCQB: PEER October 2018
Slide 2: Forward-looking statements disclaimer
Ticker: PEER 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 “f
Slide 3: Company snapshot: market cap, enterprise value, revenues, cash
Ticker: PEER Closing Price 1 $ 5 . 99 Shares Outstandin g 1 6. 9MM Market Cap 1 $ 41.3MM Enterprise Value 2 $ 33.6MM FY 2017 Rev enues $ 24.8MM Total Cash 3 $ 7 . 7MM 1 As of 9/25/18. 2 Market Cap plus cash at 6/30/18 3 Cash and cash equivalents as of 6/30/18, includes approximately $5.0 million of
Slide 4: Investment Highlights
Ticker: PEER Investment Highlights 4 Unique small cap investment opportunity in blockchain software solutions innovation Experienced management team combines entrepreneurial drive with enterprise leadership Blockchain is one of today’s most transformative technologies and provides a high growth mark
Slide 5: PeerStream Solutions Build on Blockchain
Ticker: PEER PeerStream Solutions Build on Blockchain 5 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 adoptio
Slide 6: Opportunity for blockchain technology to impact virtually every key sector
Ticker: PEER 6 Opportunity for blockchain technology to impact virtually every key sector Cost Efficient Enhanced Privacy Highly - Scalable More Secure Blockchain is Disrupting the Way Business is Done BLOCKCHAIN
Slide 7: Blockchain High Growth Market Opportunity
Ticker: PEER 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 billion by 2025 2 x IBM rece
Slide 8: Business Overview
Ticker: PEER Business Overview 8 8 Consumer Apps Proprietary Software Business Solutions
Slide 9: Business Solutions: Enterprise Blockchain Integration
Ticker: PEER Business Solutions: Enterprise Blockchain Integration Enterprise interest in blockchain and a global tech talent shortage create our market opportunity 9 9 PEERSTREAM BUSINESS SOLUTIONS B2B revenue streams are expected to include blockchain strategy consulting, implementation and suppor
Slide 10: Business Solutions Launch Client: ProximaX
Ticker: PEER 10 The Project The Engagement • PeerStream to supply multimedia streaming and communication solution • Licensing and integration of Peerstream Protocol (PSP) into the ProximaX platform • Service fees payable in cash or highly liquid cryptocurrencies and ProximaX tokens* • First client f
Slide 11: Business Overview
Ticker: PEER Business Overview 11 Consumer Apps Business Solutions 11 Proprietary Software
Slide 12: Proprietary Software: Unleashing the Power of Protocols
Ticker: PEER 12 Proprietary Software Powerful, but still emerging, blockchain protocols present rich opportunity for enhancement OPPORTUNITY APPROACH MONETIZATION Developing blockchain - based software that can support decentralized applications in many industry verticals Focusing development on mid
Slide 13: Proprietary Software: PeerStream Protocol (PSP)
Ticker: PEER Consumer Apps social networks live video streaming video chat distance learning Proprietary Software: 13 PSP is designed to be a multimedia communication protocol featuring privacy and security 13 B2B Apps video conferencing workforce collaboration sales demos telehealt h Slated for Q4
Slide 14: Business Overview
Ticker: PEER Business Overview 14 Proprietary Software Business Solutions 14 Consumer Apps
Slide 15: Consumer Apps: PeerStream is Building on Blockchain
Ticker: PEER 15 Consumer Apps: PeerStream is Building on Blockchain Demonstrated history of building and operating apps, now being enhanced to utilize the benefits of blockchain technology History of app monetization with approximately $25mm of revenue in fiscal 2017 Bringing Together the Best Aspec
Slide 16: Consumer Apps: Backchannel
Ticker: PEER D ecentralized media delivery No p ersonally i dentifiable information F reemium app with token payments 16 16 Consumer Apps: Backchannel Backchannel will be a secure, private video messaging app powered by blockchain using PSP Bought by Facebook in 2014 for $19B; Had 1.5B MAUs in 2017
Slide 17: Seasoned Leadership with Diverse and Complementary Expertise
Ticker: PEER Jason Katz Chairman, President + COO Judy Krandel Alex Harrington CEO CFO • Joined PeerStream in 2014 and has also served as interim CFO • CEO of MeetMoi, a mobile dating pioneer (sold to Match.com) • SVP of Strategy & Operations for Zagat (acquired by Google) • MBA from Wharton and a B
Slide 18: Blockchain Advisory Board
Ticker: PEER • Active angel investor with more than $2.5B in exits • CEO of Science, Inc. • Recent exits include: Dollar Shave Club, Famebit, DogVacay and HelloSociety • Previous CEO of MySpace, Userplane and Tsavo • Recently launched his newest incubator, Science Blockchain, which recently complete
Slide 19: Next Steps to Fuel Strategic Growth
Ticker: PEER Next Steps to Fuel Strategic Growth 19 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 partne
Slide 20: Impact of ProximaX Deal on Q2 2018 and Beyond
Ticker: PEER Impact of ProximaX Deal on Q2 2018 and Beyond 20 • The deal is valued in total at $13.4MM • The upfront payment of $5MM and $3.4MM in tokens will 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
Slide 21: Income Statement Highlights
Ticker: PEER Income Statement Highlights ($000s) 21 • Most recent financial results includes revenue of $2.1 million from the ProximaX technology services agreement signed in March 2018. 1 Adjusted EBITDA is a non - GAAP measure. See Appendix for a reconciliation of Adjusted EBITDA to net loss, the
Slide 22: Balance Sheet Highlights
Ticker: PEER Balance Sheet Highlights ($ 000s) 22 June 30, 2018 Cash and Cash Equivalents $7,739 Digital Tokens $1,409 Total Assets $26,770 Deferred Revenue $8,666 Total Liabilities $11,220 Shareholder’s Equity $15,550 Total Liabilities and Shareholders Equity $26,770
Slide 23: Investment Highlights
Ticker: PEER Investment Highlights 23 Unique small cap investment opportunity in blockchain software solutions innovation Experienced management team combines entrepreneurial drive with enterprise leadership Blockchain is one of today’s most transformative technologies and provides a high growth mar
Slide 24: Thank You
Ticker: PEER ir@peerstream.com 24 THANK YOU PeerStream , Inc. | Ticker: PEER
Slide 25: Non-GAAP Financial Measures
Ticker: PEER 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 and equipment, impairment los