Shf Holdings, Inc. · NASDAQ:SHFS
Shf — Investor Presentation (April 2023)
21 slides from Shf's investor presentation, April 2023
Slide 1: The U.S. Cannabis Industry's Leading Financial Services Platform
The U.S. Cannabis Industry’s Leading Financial Services Platform April 2023 Investor Presentation | NASDAQ:SHFS
Slide 2: Disclaimers
Disclaimers NOTICE TO RECIPIENTS and competitive uncertainties and contingencies, many of which are difficult to predict and generally beyond our control. Actual results and the timing of events may differ materially from the results anticipated in these forward-looking This confidential presentatio
Slide 3: Disclaimers
Disclaimers HISTORICAL FINANCIAL INFORMATION OF SAFE HARBOR FINANCIAL The historical financial information regarding the Company contained in this Presentation has been taken from or prepared based on historical financial statements, which resulted from carved-out operations of Partner Colorado Cred
Slide 4: What We Do
Safe Harbor is a fintech platform with a stellar, 9-year track record of facilitating What We Do banking and lending services to the US cannabis industry. April 2023 Investor Presentation |. NASDAQ:SHFS 3
Slide 5: Reasons to Buy
Reasons to Buy The only NASDAQ-listed company with fully compliant cannabis finance infrastructure Leadership and expert position in an underserved market with • extremely high barriers to entry and regulatory oversight • National footprint in 41 states facilitating more than US $18 billion in depos
Slide 6: The U.S. Cannabis Industry is Growing
The U.S. Cannabis 37 States 22 States Industry is Growing Medical use legal Medical and adult-use legal2 12 States Potentially legalizing in 20233 >70,000 68% cannabis-related of Americans businesses (CRBs) support full federal legalization 48% of Americans live in a state >$46B where cannabis is le
Slide 7: Traditional financial institutions will not bank cannabis-related businesses
Traditional • No Safe Harbor: Potential prosecution for providing CRBs with financial financial services institutions • Illegal status: Conflicting state and federal laws regarding legalization will not bank • High barriers to entry: Pending/proposed legislation will not Cannabis- change the cannabi
Slide 8: Proven & compliant cannabis finance infrastructure
Proven & compliant cannabis finance infrastructure The most robust suite of specialized financial and treasury services available to the industry M O N T H LY C O M P L I A N C E , D E P O S I T & T R A N S A C T I O N FEES, INVESTMENT & INTEREST INCOME O N B O AR D I N G FEES Incoming Financial Tra
Slide 9: Income Composition
Income Composition 2% 5% 7% 22% 2% 86% 64% 12% 2021 2022 Deposit Loan interest Program Investment activity fees income and fees licensing fees income April 2023 Investor Presentation |. NASDAQ:SHFS 8
Slide 10: In 9th Year of Success
In 9th Year of Success Network First-to-market advantage, creating a exclusion work Published arounds FIRST SHF Launched national leadership position cannabis Program proprietary Cashless ATM & banking book Licensing software Created Attorneys closed loop Stressing Assisting Onboarding & General com
Slide 11: Growth & expansion
Growth & expansion Established National Footprint on which to scale Federal accounts held <$1M <$1M $27M $55M $24M <$1M 2015 vs. 2022 $19M $24M $5M <$1M $3M <$1M 1 STATES 41 <$1M $159M <$1M $10M <$1M $54M $6M <$1M $2,520M $18M <$1M <$1M $5M 60 ACCOUNTS 1040 $385M $134M $487M <$1M $1M $5M $19M $19M $
Slide 12: Competitive Advantages
• Consistent performance: in 9th year of successfully providing access Competitive to financial services consistently to the industry Advantages • Cannabis expertise: 55 years combined management industry experience • Brand recognition: established, reliable, well-performing brand • Proprietary, sca
Slide 13: Growth Strategy
Growth Strategy Organic M&A Increases in existing CRB Expand deposit base, increase revenue and expanded use of lending capacity, complement fee-based services technology platform • • Bulk acquisition of client Current legal markets relationships Acquisition via increased through M&A and from FIs •
Slide 14: Q1 2022 vs. Q1 2023 Growth
Q1 2022 vs. Q1 2023 Growth + 75% + 33% Monthly 1018 Monthly Avg. 359 Avg. Deposits 270 Accounts 581 ($M) Q1 2022 Q1 2023 Q1 2022 Q1 2023 + 49% + 57% Monthly Avg. 707 Monthly Avg. 223 Deposit Fee Balances ($000s) 476 ($M) 142 Q1 2022 Q1 2023 Q1 2022 Q1 2023 April 2023 Investor Presentation |. NASDAQ:
Slide 15: Commercial lending opportunity
Commercial lending opportunity Uniquely positioned to capture significant market share with industry-leading lending rates CURRENT LENDING SHF ENVIRONMENT Raises equity / high yield debt Loans off of managed deposit account Loan source to deploy loans balances (= lower cost of funds) Origination tea
Slide 16: Officers
Officers SUNDIE SEEFRIED TYLER BEUERLEIN DONNIE EMMI Chief Executive Officer Chief Strategic Business Chief Legal Officer • One of the The CEO Publication’s top 20 Development Officer • Managing Partner of Hunsaker | dynamic U.S. CEOs of 2020 • Former Chief Revenue Officer & Chief Emmi, P.C. • Autho
Slide 17: Directors
Directors RICHARD CARLETON JOHN DARWIN DOUGLAS FAGAN CEO, Canadian Securities Co-CEO, Luminous CEO, Partner Colorado Exchange Capital USA, Inc. Credit Union JENNIFER MEYERS FRED NEIHAUS CFO, Partner Colorado Managing Partner, Credit Union Interactive Global Solutions JONATHAN SUMMERS KARL RACINE Cha
Slide 18: Thank You
THANK YOU April 2023 Investor Presentation NASDAQ:SHFS
Slide 19: Appendix
Appendix April 2023 Investor Presentation | NASDAQ:SHFS
Slide 20: Financial Summary
Financial Summary YE 2022 YE 2021 % change Revenue $9.4M $7.0M 34% Adjusted EBITDA1 $1.3M $3.3M (60%) Active accounts 1040 572 82% Loan originations $15.8M $4.3M 267% Cash $8.4M $5.5M 53% For complete details, please see Exhibit 99.1 attached to the current report on Form 8-K filed with the Securiti
Slide 21: Capitalization Overview
Capitalization Overview Sep 29, 2022: Northern $16 Lights Acquisition NASDAQ:SHFS (SPAC), closed Capitalization $14 acquisition of Safe Harbor Financial, which Share Structure (millions) $12 changed its name to SHF Common Shares Outstanding1 41.1 Holdings and began trading on the Nasdaq Fully Dilute