Clip Money Inc. · TSXV:CLIP
Clip Money — Investor Presentation (July 2024)
14 slides from Clip Money's investor presentation, July 2024
Slide 1: Investor Deck
Qtr 2 • 2024 Investor Deck TSX-V (Canada): CLIP OTCQB (U.S.): CLPMF Joseph Arrage • CEO and Co-Founder • jarrage@clipmoney.com Brian Bailey • President • bbailey@clipmoney.com Andrew Tussing • CFO • atussing@clipmoney.com
Slide 2: Cautionary Statement
Cautionary Statement General Disclaimer This presentation has been prepared for informational purposes only. By accepting delivery of this presentation and/or attending the meeting where this presentation is made, you agree: (1) to keep strictly confidential the contents of this presentation and suc
Slide 3: Forward Looking Statements
Forward Looking Statements This presentation may contain forward-looking information within the meaning of applicable securities laws, which reflects the Company’s current expectations regarding future events, including statements related to the Company’s expectations of future results, performance,
Slide 4: Clip Investment Highlights
Clip Investment Highlights ● The only multi-bank cash deposit network in North America focused on businesses ● Existing, well-known national retail client base including Lids, Pacsun, Hot Topic, etc. ● $8B US annual cash management market is ripe for disruption ● NCR Atleos - Global financial servic
Slide 5: The Business Cash Problem
The Business Cash Problem Businesses face the following cash management issues: ● Expensive: armored contracts or bank fees ● Inconvenient: frequent bank trips ● Inaccessible: reduced branches and hours ● Unpredictable: inconsistent armored services ● Paper Based: error-prone, limited tracking optio
Slide 6: The State of Cash
The State of Cash ● Cash is the third-most-used payment method in the U.S., holding stable at seven payments per month ● Cash in-person payments for purchases less than $25 has increased three years in a row (5.2 per month or 34%) ○ In-person payments represent 78% of all purchases (vs. 22% remote /
Slide 7: Clip delivers value and scale to customers
Clip delivers value and scale to customers Customer Benefits: ClipDrop Shared access smart safes ● Save time: Self-service smart safes and ATMs available anytime for business deposits. ● Save money: Pay per deposit. No recurring monthly fees. ClipATM ● ● No commitment: No long-term contracts. Improv
Slide 8: Clip’s available market and opportunity
Clip’s available market and opportunity ● The current cash management available market in the US is estimated to be $8B annually (currently serviced at bank branches and armored/CIT) and is ripe for disruption. ● Unlocking 10% of the market, with a superior product and compelling value proposition,
Slide 9: How Clip makes money
How Clip makes money Clip generates recurring fee revenue on a per transaction or monthly subscription basis Cash Out • Deposits Cash In • Change Average Revenue $ 120 ClipDrop + ClipChange = from to $ 260 ClipATM $80 to $140 / month 1 $40 to $120 / month 1 Per store / month avg revenue / store avg
Slide 10: Depositing Daily
Depositing Daily Over 340 stores of 1,200 total, and growing Clip is saving Lids an hour / day per store “Clip enables our stores and head office team to streamline cash operations with visibility and accountability throughout the entire deposit process in real-time, while significantly reducing dir
Slide 11: Customers using Clip
Customers using Clip Clip Money Inc. - External 11
Slide 12: Clip Network
Clip Network 2,600 Locations The Clip Network grew over 7x from 2023 to 2024 with the addition of the ATM network, partnering with NCR Atleos, further strengthening our reach and EXTENDING the 70 Markets national footprint to previously unserved geographies: ● ATM integrations add more than 2,600 lo
Slide 13: Clip enables nationwide coverage
Clip enables nationwide coverage U.S. Market: Network of Clip Drop and ATMs: ~3,000 locations Atlanta Market: Network of Clip Drop and ATMs: 151 locations Atlanta Deposit Networks: Clip 151 Wells Fargo 146 Truist 135 Bank of America 106 Chase 94 Regions 79 Source: https://www.bankbranchlocator.com/
Slide 14: Equity Metrics & Ownership Structure
Equity Metrics & Ownership Structure Stock Symbol “CLIP” 27% Exchange TSX - Venture NCR (Equity Position) Shares Outstanding (Basic) 105.2M Options 6.3M Warrants 12.5M 29% 44% Retail / Management Board Convertible Notes 36.7M Institutional / Other Strategics Shares Outstanding 160.7M (Fully Diluted)