WidePoint Corporation · AMEX:WYY
WidePoint — Investor Presentation (January 2022)
16 slides from WidePoint's investor presentation, January 2022
Slide 1: Securing, Empowering and Managing the Mobile Workforce
Setting the Standard for Securing, Empowering and Managing the Mobile Workforce NYSE American: WYY
Slide 2: Safe Harbor Statement
Safe Harbor Statement This presentation may contain forward-looking information within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statements of historical fact regarding the intent, belief or current expecta
Slide 3: About WidePoint
About WidePoint 1997 $39.5M No Debt Established Market Cap. (December 7, 2021) Our TM2 solution ensures mobile devices are secure and only the right people have access to sensitive information 2017 New management 95% $18M Cash in appointed & strategy Recurring implemented Revenue Our TM2 platform al
Slide 4: WidePoint TM2 Solutions: Prevention is the Best Defense
Massive Cyber Attacks of 2021, Growing market fueled by: so far… • Federal Cyber Security • SolarWinds Executive Orders • Florida Water System • Move to mobile workforce • Scripps Health • 5G transformation • Colonial Pipeline • T-Mobile WidePoint TM2 Solutions: Prevention is the Best Defense WidePo
Slide 5: Our Market $23B
Our Market LARGE ORGANIZATIONS FOR WHOM SECURITY AND COMPLIANCE ARE KEY Total Mobility Spend $23B Managed Mobility Services 1.8 Trillion $10.5B by 2023* Identity Management $13B by 2023* 1.6 Trillion 2018 2022 • Healthcare • 15 Cabinet Level Departments • Finance FEDERAL • 2.1 million civilian worke
Slide 6: A Proprietary Technology Platform to Secure, Manage, Analyze
(TM2) – Trusted Mobility Management A Proprietary Technology Platform to: SECURE MANAGE ANALYZE Identity Management (IdM) Managed Mobility Digital Billing & Analytics • Maintain compliance and Services (MMS) (BP&A) mitigate data breaches • Issue, distribute, manage, • Cloud-based platform consolidat
Slide 7: What We Do | Cybersecurity
What We Do | Cybersecurity Access and Identity Management (IdM) Identity & Access Consulting Secure Hosting Solutions Multi-Factor Authentication Management • Systems Engineering • Managed services that • WidePoint is a certified • Smart Cards • Acquisition Management include strong digital provider
Slide 8: Why Customers Choose WidePoint
Why Customers Choose WidePoint Trusted Compliant Flexible Effective Managing more Federal credentials & Customizable Up to 35% in savings devices for the Authorities to Operate solutions that can for clients, leading Federal Government including ECA & PIV-I, scale quickly to meet customer service, t
Slide 9: Trusted by 100+ Global Enterprises
Trusted by 100+ Global Enterprises Commercial Public U.S. DEPARTMENT OF 3-YEAR AVG. CONTRACTS 5-YEAR AVG. CONTRACTS HOMELAND SECURITY • Saved DHS $265M since 2012 • Nov. 25, 2020: Won the CWMS Contract Re- compete (CWMS 2.0) • 12-month base with options extending through 2025 • Potential to add up t
Slide 10: Growth Strategies
Growth Strategies Expand Enhance Improve M&A Initiative Customer Base Competitive Edge Leverage Acquire accretive companies with Invest in internal sales Attain FedRAMP certification and Pursue high-margin profitability, cross-sell team transition to more cost-effective managed services and upsell c
Slide 11: WidePoint Partner Overview
WidePoint Partner Overview Systems Integrators: IT Distribution: Hardware/Software: IT Security: Mobile Security: 11
Slide 12: WidePoint Acquires IT Authorities
WidePoint Acquires IT Authorities Acquisition of IT Authorities announced on October 4, 2021. IT Authorities is an award-winning Managed Services Provider (MSP) based in Tampa, Florida Capabilities include: • Managed Services • Managed Security Services Accretive Acquisition Expected to • Cloud Serv
Slide 13: Financial Highlights
Financial Highlights 7% Gross Profit 17 Free Cash growth since Consecutive Flow quarters of positive Positive 2017* adj. EBITDA Net income positive No in 2019, 2020 & Debt continuing *Calculation based on TTM at 12/6/2021 13
Slide 14: Financial Performance
Financial Performance Annual Revenue Quarterly Revenue $57.5 $54.8 $180.3 $39.7 $101.7 $83.7 $29.6 $28.4 $75.9 $82.0 $28.1 $20.7 $22.3 $20.0 FY17 FY18 FY19 2020 2021 Guidance Q3-19 Q4-19 Q1-20 Q2-20 Q3-20 Q4-20 Q1-21 Q2-21 Q3-21 Annual Adj. EBITDA Quarterly Adj. EBITDA $5.7 $1.7 $1.5 $1.4 $3.6 $3.2
Slide 15: Key Investment Highlights
Key Investment Highlights Proven management 95% Track record of Recurring revenues team executing on profitability and free cash growth strategy flow with trend continuing $23B The most trusted Addressable market MMS provider to the with compelling federal government tailwinds and room to expand 15
Slide 16: Thank You!
Thank Contact Us WIDEPOINT CORPORATE HEADQUARTERS You! 11250 Waples Mill Road South Tower, Suite 210 Fairfax, VA 22030 GATEWAY INVESTOR RELATIONS Matt Glover and John Yi (949) 574-3860 WYY@gatewayir.com 16