Intelligent Protection Management Corp. · NASDAQ:IPM
Intelligent Protection Management — PeerStream — Q1 2018 Earnings Presentation
14 slides from Intelligent Protection Management's earnings presentation, May 9, 2018
Slide 1: Q1 2018 Earnings Presentation
Q1 2018 EARNINGS PRESENTATION PeerStream, Inc. | Ticker: PEER
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: Legacy to new strategic direction: Snap Interactive is now PeerStream
3 LEGACY NEW STRATEGIC DIRECTION • Consumer social video apps for meeting new people • Innovative technology supporting live multimedia communications within proprietary apps • Multimedia streaming and communications tech platform, fortified with blockchain • Consumer social video apps • Business so
Slide 4: Company overview: apps and technology supporting live multimedia streaming
our innovative decentralized technologies power multimedia social apps and will enable business communications solutions worldwide billions of video and text communications sent 3 with > 100 MM users each since inception 3 apps 75 26 Developers in 4 tech centers* patents company overview *includes c
Slide 5: Business solutions: the digital video opportunity
cheap bandwidth and better mobile hardware has made video a killer app in web 3.0, and app developers are incorporating video more than ever before business solutions : the digital video opportunity August 2017 5
Slide 6: Business solutions: the blockchain opportunity
Global demand for blockchain fueled by: demand for distributed ledger technology transparency faster transactions reduced total cost of ownership increasing demand for simplified business processes rising adoption of blockchain - as - a - service 6 Business solutions: the blockchain opportunity ”NEA
Slide 7: Multiple potential revenue streams
Subscriptions • f reemium model with subscriptions that expand access and unlock status Advertising Revenue • d riven by ad networks and direct - to - advertiser relationships Virtual Gifts and Micro - transactions • v irtual gifts enhance status and build relationships • m icro - transactions permi
Slide 8: Business services case study: ProximaX
8 THE PROJECT • Next generation blockchain protocol founded on NEM technology • Enhanced utility with storage and media streaming/messaging layers • Led by Blockchain pioneer Lon Wong, former President of NEM.io Foundation • Completed successful ICO in Q2 2018 business services: case study THE ENGAG
Slide 9: Blockchain partnerships / investment opportunities
Social & Video Consumer Apps Infrastructure: • Content Delivery • Digital Security • Storage • Payments • Ad Tech • Digital Operators at Scale • First Customers / Beta Testers for new Blockchain Tech • Joint Development Collaboration • Public Company Stature Areas of Potential Partnership/Investment
Slide 10: Financial highlights
financial highlights 10 • Q1 2018 revenue of $5.7MM declined 14.5% vs. Q1 2017 and 3.5% vs. Q4 2017; • Q1 subscription revenue of $5.4MM declined 12.8% vs. Q1 2017 and 1.1% vs. Q4 2017; • Net loss was $0.8MM for Q1 2018, an improvement of $230K vs. Q1 2017; • Adjusted EBITDA was $105K for Q1 2018 ,
Slide 11: Revenue
• Q1 2018 revenue of $5.7MM declined 14.5% from Q1 2017 and 3.5% from Q4 2017; the sequential quarterly decline was primarily due to a decrease in revenues from our dating properties • Q1 2018 subscription revenue of $5.4MM declined 12.8% from Q1 2017 and 1.1% from Q4 2017; s equential quarterly gro
Slide 12: Adjusted EBITDA and net loss
adjusted EBITDA 12 $(214) $105 ($300) ($200) ($100) $0 $100 $200 Q1 2017 Q1 2018 Adjusted EBITDA ($ in 1000s) $(1,039) $(809) ($1,500) ($1,000) ($500) $0 Q1 2017 Q1 2018 Net Loss ($ in 1000s) • Q1 2018 Adj. EBITDA was $105 thousand, a $319 thousand improvement from Q1 2017, reflecting the benefits o
Slide 13: Cash flows
• Net cash flow for the three months ended March 31 , 2018 was ($623) thousand which included the annual incentive employee bonuses and some lingering deal expenses from a merger agreement terminated in October 2018 • Cash and cash equivalents of approximately $3.5 million at March 31, 2018; $0 debt
Slide 14: Non-GAAP Financial Measures
Non - GAAP Financial Measures Adjusted EBITDA is defined as net income (loss) adjusted to exclude interest expense, net, depreciation and amortization expense and stock - based compensation expense. The Company presents Adjusted EBITDA because it is a key measure used by the Company’s management and