Slide 1: OneTouch SEC Financial Reporting
O NE T OUCH SEC FINANCIAL REPORTING FOCUS UNIVERSAL INC. NASDAQ : FCUV DESHENG WANG TEL: 626 - 272 - 3883 EMAIL: DESHENG@FOCUSUNIVERSAL.COM
Slide 2: Problem
PROBLEM • Every public company is required to file 10 - K Annual Reports and 10 - Q Quarterly Reports with the SEC. • Reporting deadlines are inflexible, late filings and mistakes in financial reporting can result in regulatory review, enforce men t actions, and penalties. • Preparation of these rep
Slide 3: The Product
THE PRODUCT • Eliminates 99 % of the repetitive data entry . • Automation of data entry tasks significantly reduces cost and time spent on compliance and compliance professionals . • The users upload their current financial statements, then our software automatically populates the financial data int
Slide 4: How It Functions
HOW IT FUNCTIONS • 3 rd party addon to Microsoft Office 365 . • Users start by opening previous financial reports filed with the SEC in the software . • T hen open a file with their current financial data . • The software then generates a new draft of the financial data for the current report . • T
Slide 5: Market Size
MARKET SIZE • Financial Reporting Software Market size in USA was valued at USD 13 , 937 . 21 Million in 2022 and is projected to reach USD 36 , 556 . 79 Million by 2030 , growing at a CAGR of 12 . 81 % from 2024 to 2030 . • Increasing complexity and volume of financial data, limited existing soluti
Slide 6: Revenue Model
REVENUE MODEL • Licensed to customers as a Software as a Service ( Saas ). • One time installation fee: $1500. • Monthly subscription fee: $300 per user.
Slide 7: Competition
COMPETITION • Insightsoftware : Revenue : $ 385 million, concentrates on SEC reporting process design and offers a full - service solution for XBRL ( eXtensible Business Reporting Language) submissions . • Workvia : market Capital $ 4 . 63 billion, revenue : $ 630 million, specializes in streamlinin
Slide 8: A Better Solution
A BETTER SOLUTION • A more automated solution than current market’s significant manual data entry requirements . • Reduced preparation time . • Continuously updated draft of quarterly and annual reports as financial data changes . • Consistency checking helps users quickly pinpoint errors in the rep
Slide 9: Marketing Plan
MARKETING PLAN • Business to business marketing . • Conduct demos for public company CFOs at investment conferences . • Market the product to SEC compliance professionals as a solution to manage their client workloads . • Direct Sales . • Social media marketing .
Slide 10: Team
TEAM Dr . Desheng Wang , Focus Universal CEO, Ph . D . in Chemistry at Emory University in 1994 . a senior research fellow at California Institute of Technology from 1994 - 2011 . Dr. Edward Lee , Focus Universal Chairman of the Board of Directors, Ph.D. in Mathematics at University of Florida in 19
Slide 11: Conclusion
CONCLUSION • The software has been utilized to prepare Focus Universal’s current 10 - K report this year . • Reduced Focus Universal’s compliance costs . • Ready to d emo to potential customers .