Lmp Automotive Holdings, Inc. · OTC:LMPX
Lmp Automotive — Reg A Offering (October 2018)
75 slides from Lmp Automotive's offering presentation, October 2018
Slide 1: LMP Automotive Holdings, Inc.
([KLELW LMP Automotive Holdings, Inc.
Slide 2: Forward-Looking Statements
Forward-Looking Statements This information is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy any security or related financial instrument. The summary may include “forward-looking statements” with the meaning of Section 27A of the Securit
Slide 3: Legal Disclaimer
Legal Disclaimer No money or other consideration is being solicited at this time with respect to an offering under Regulation A of the Securities Act of 1933, as amended, and if sent in response for such an offering, it will not be accepted. No offer to buy securities can be accepted and no part of
Slide 4: Specific Risks of the LMP Offering
Specific Risks of the LMP Offering In addition to the general risk of investment in a Regulation A Offering such as LMP as discussed on the immediately previous page, there are a number of risks associated with an investment in LMP’s business specifically. These risks are detailed on pages 6-25 of L
Slide 5: Offering Summary
Offering Summary Issuer LMP Automotive Holdings, Inc. Security Common Stock Proposed Exchange/Ticker Nasdaq Capital Market: LMPX Shares Outstanding Prior to 24,296,037 shares of Common Stock the Offering 1,000,000 to 2,300,000 shares of Common Stock, including up to Shares Offered 300,000 shares of
Slide 6: Our goal is to provide a new and convenient retail experience
Our goal is to provide a new and convenient retail experience for people who want to buy, sell, rent, subscribe and finance automobiles all from their desktops and mobile devices, or in person.
Slide 7: We are an e-commerce platform for pre-owned vehicles
We are an e-commerce platform for buying, selling, financing, subscribing to and renting late model pre-owned vehicles . Buy Rent or Subscribe Sell Repeat Auction Auction Off-Lease Off-Lease Fleet Purchase Fleet Purchase
Slide 8: Our Business
Our Business The LMP model aims to disrupt the traditional pre-owned vehicle sales model, by creating operational efficiencies designed to achieve better performance than industry average, while creating a better purchasing, subscribing and renting experience for our customers. Our platform is desig
Slide 9: Buy
Buy Auction Off-Lease Wholesale Purchase Fleet Purchase For pre-owned vehicle customers, we believe our platform offers a broad selection of vehicles at what we consider the best value. We expect to build fleet inventories through auctions, wholesale and fleet purchases, and off- lease purchases fro
Slide 10: Rent or Subscribe
Rent or Subscribe Seeking to Maximize Revenue per Vehicle Unit We believe that our platform offers customers seeking rental vehicles proximate to locations next to airports, popular tourist locations and business centers, offering what we consider to be a wide selection of vehicles at competitive ra
Slide 11: Sell
Sell Vehicles acquired through auction and off-lease are placed on our e-commerce platform for sale nationwide. After a predetermined time period* and/or mileage is achieved, vehicles purchased in our fleet program are also placed on our eCommerce platform. * Average 60 days for rental and 120 days
Slide 12: Repeat
Repeat Auction Off-Lease Wholesale Purchase Fleet Purchase We plan to build and rebuild our fleet inventory through free cash flow, financings and opportunistic acquisitions. Inventory size and pricing are the keys to throughput. Our plan is to establish 4 regional centers throughout the United Stat
Slide 13: Revenue Drivers
Revenue Drivers Used Vehicle Sales Warranty Vehicle Rentals Finance* Vehicle Subscriptions Rental Insurance* * The Company does not currently offer financing or rental insurance, but may do so at a future date.
Slide 14: Our Markets – Used Vehicle Sales
Our Markets – Used Vehicle Sales Pre-Owned Vehicle Sales 1 39.5 million used vehicles are forecast to be Total Sales Franchise Used Certified Pre-Owned sold in 2018, up from 39.3 million in 2017, at $50,000,000 an average price of $19,500.1 $40,000,000 We believe our markets are highly $30,000,000 f
Slide 15: Our Markets – Rentals
Our Markets –Rentals • $29 billion in annual revenues. 2017 U.S. Car Rental Market 4 • Rental fleet in U.S. of approximately 2.2 million U.S. Cars in Service (Avg.) 2017 U.S. Revenue Est. 2016 U.S. Revenue 2017 # U.S. Locations (in millions) (in millions) units. 2,186,700 19,643 28,626 28,439 • Avg.
Slide 16: What we Consider Our Competitive Advantages
What we Consider Our Competitive Advantages Integrated Online Brick & Mortar Strategy Centralization and automation of key back office functions reduces key costs. Cycle of “Buy, Rent or Subscribe, Sell & Repeat” Expected to minimize cost and maximize revenue per unit, while providing a constant sup
Slide 17: Growth Strategy
Growth Strategy Sales Rentals • Increase sales through increasing the size of our inventory • Increase rentals through well-stocked inventory and selection We believe that consumers want to drive a vehicle similar Build inventory through auction, wholesale dealer and manufacturer to the one they hav
Slide 18: Marketing & Advertising
Marketing & Advertising National Ad Strategy LMP plans to increase sales by increasing inventory, and then listing vehicles on a number of retail internet sites such as eBay.com, CarGurus.com, CarFax.com and Carsforsale.com. We also expect to maintain our own store within many of these online retail
Slide 19: Regional Strategy
Regional Strategy We expect to benefit from logistical and operational efficiencies through creation of clusters of large, centrally located facilities. Each facility is expected to be supported by: - State-of-the-art photo studios that provide optimal visual presentations of each vehicle - Centrali
Slide 20: Team
Team Samer “Sam” Salahel-Din Tawfik is the founder of LMP Automotive Holdings, Inc. and has served as our President, Chief Executive Officer and Chairman of the board of directors since January 2018. Prior to founding LMP Automotive Holdings, Inc., Mr. Tawfik was the founder and Managing Partner of
Slide 21: Team
Team William “Billy” Cohen has served as a member of our board of directors and the Lead Independent Director since March 2018. He is currently the Vice Chairman at Newmark Knight Frank. Mr. Cohen has over 38 years’ of experience with commercial real estate acquisitions, conflict management, negotia
Slide 22: Key Takeaways
Key Takeaways • Expected Beneficiary of a Paradigm Shift in the Automotive Retail, Rental and Subscription Markets • Early Mover in the Pre-Owned Vehicle Subscription Market • Scalable and Differentiated Platform 22
Slide 23: Sources
Sources Footnotes Sources 1 Cox Automotive 2018 Used Car Market Report - Page 5/6 2 Carvana S-1 as filed with the SEC on April 4, 2018 – Page 7 3 "The Millennials Are Coming" printed at Automotive News.com on February 27, 2017. – Page 1 4 Auto Rental News 2018 Fact Book. – Page 1 5 "2017 US Car Rent
Slide 24: LMP Automotive IPO Reservation Request email
(0$,/ 68%-(&7/,1(/03$XWRPRWLYH,325HVHUYDWLRQ5HTXHVW'XHE\/03; SODQQHG1DVGDTV\PERO Hello Name, As you may be aware, LMP Automotive Holdings, Inc. (proposed Nasdaq symbol: LMPX) is moving forward with its planned Initial Public Offering (IPO), and is currently receiving reservations for potential subsc
Slide 25: IPO reservation instructions and SEC filing link
Below is a link to our filing with the Securities and Exchange Commission: https://www.sec.gov/Archives/edgar/data/1731727/000121390018012014/f1a2018a1_lmpautom otive.htm If you are interested in the LMP Automotive IPO, please let us know the dollar amount of your intended subscription, so we can fi
Slide 26: LMP Automotive Holdings, Inc.
LMP Automotive Holdings, Inc.
Slide 27: Forward-Looking Statements
Forward-Looking Statements This information is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy any security or related financial instrument. The summary may include “forward-looking statements” with the meaning of Section 27A of the Securit
Slide 28: Legal Disclaimer
Legal Disclaimer No money or other consideration is being solicited at this time with respect to an offering under Regulation A of the Securities Act of 1933, as amended, and if sent in response for such an offering, it will not be accepted. No offer to buy securities can be accepted and no part of
Slide 29: Specific Risks of the LMP Offering
Specific Risks of the LMP Offering In addition to the general risk of investment in a Regulation A Offering such as LMP as discussed on the immediately previous page, there are a number of risks associated with an investment in LMP’s business specifically. These risks are detailed on pages 6-25 of L
Slide 30: Offering Summary
Offering Summary Issuer LMP Automotive Holdings, Inc. Security Common Stock Proposed Exchange/Ticker Nasdaq Capital Market: LMPX Shares Outstanding Prior to 24,296,037 shares of Common Stock the Offering 1,000,000 to 2,300,000 shares of Common Stock, including up to Shares Offered 300,000 shares of
Slide 31: Our goal is to provide a new and convenient retail experience
Our goal is to provide a new and convenient retail experience for people who want to buy, sell, rent, subscribe and finance automobiles all from their desktops and mobile devices, or in person.
Slide 32: We are an e-commerce platform for pre-owned vehicles
We are an e-commerce platform for buying, selling, financing, subscribing to and renting late model pre-owned vehicles . Buy Rent or Subscribe Sell Repeat Auction Auction Off-Lease Off-Lease Fleet Purchase Fleet Purchase
Slide 33: Our Business
Our Business The LMP model aims to disrupt the traditional pre-owned vehicle sales model, by creating operational efficiencies designed to achieve better performance than industry average, while creating a better purchasing, subscribing and renting experience for our customers. Our platform is desig
Slide 34: Buy
Buy Auction Off-Lease Wholesale Purchase Fleet Purchase For pre-owned vehicle customers, we believe our platform offers a broad selection of vehicles at what we consider the best value. We expect to build fleet inventories through auctions, wholesale and fleet purchases, and off- lease purchases fro
Slide 35: Rent or Subscribe
Rent or Subscribe Seeking to Maximize Revenue per Vehicle Unit We believe that our platform offers customers seeking rental vehicles proximate to locations next to airports, popular tourist locations and business centers, offering what we consider to be a wide selection of vehicles at competitive ra
Slide 36: Sell
Sell Vehicles acquired through auction and off-lease are placed on our e-commerce platform for sale nationwide. After a predetermined time period* and/or mileage is achieved, vehicles purchased in our fleet program are also placed on our eCommerce platform. * Average 60 days for rental and 120 days
Slide 37: Repeat
Repeat Auction Off-Lease Wholesale Purchase Fleet Purchase We plan to build and rebuild our fleet inventory through free cash flow, financings and opportunistic acquisitions. Inventory size and pricing are the keys to throughput. Our plan is to establish 4 regional centers throughout the United Stat
Slide 38: Revenue Drivers
Revenue Drivers Used Vehicle Sales Warranty Vehicle Rentals Finance* Vehicle Subscriptions Rental Insurance* * The Company does not currently offer financing or rental insurance, but may do so at a future date.
Slide 39: Our Markets – Used Vehicle Sales
Our Markets – Used Vehicle Sales Pre-Owned Vehicle Sales 1 39.5 million used vehicles are forecast to be Total Sales Franchise Used Certified Pre-Owned sold in 2018, up from 39.3 million in 2017, at $50,000,000 an average price of $19,500.1 $40,000,000 We believe our markets are highly $30,000,000 f
Slide 40: Our Markets – Rentals
Our Markets –Rentals • $29 billion in annual revenues. 2017 U.S. Car Rental Market 4 • Rental fleet in U.S. of approximately 2.2 million U.S. Cars in Service (Avg.) 2017 U.S. Revenue Est. 2016 U.S. Revenue 2017 # U.S. Locations (in millions) (in millions) units. 2,186,700 19,643 28,626 28,439 • Avg.
Slide 41: What we Consider Our Competitive Advantages
What we Consider Our Competitive Advantages Integrated Online Brick & Mortar Strategy Centralization and automation of key back office functions reduces key costs. Cycle of “Buy, Rent or Subscribe, Sell & Repeat” Expected to minimize cost and maximize revenue per unit, while providing a constant sup
Slide 42: Growth Strategy
Growth Strategy Sales Rentals • Increase sales through increasing the size of our inventory • Increase rentals through well-stocked inventory and selection We believe that consumers want to drive a vehicle similar Build inventory through auction, wholesale dealer and manufacturer to the one they hav
Slide 43: Marketing & Advertising
Marketing & Advertising National Ad Strategy LMP plans to increase sales by increasing inventory, and then listing vehicles on a number of retail internet sites such as eBay.com, CarGurus.com, CarFax.com and Carsforsale.com. We also expect to maintain our own store within many of these online retail
Slide 44: Regional Strategy
Regional Strategy We expect to benefit from logistical and operational efficiencies through creation of clusters of large, centrally located facilities. Each facility is expected to be supported by: - State-of-the-art photo studios that provide optimal visual presentations of each vehicle - Centrali
Slide 45: Team
Team Samer “Sam” Salahel-Din Tawfik is the founder of LMP Automotive Holdings, Inc. and has served as our President, Chief Executive Officer and Chairman of the board of directors since January 2018. Prior to founding LMP Automotive Holdings, Inc., Mr. Tawfik was the founder and Managing Partner of
Slide 46: Team
Team William “Billy” Cohen has served as a member of our board of directors and the Lead Independent Director since March 2018. He is currently the Vice Chairman at Newmark Knight Frank. Mr. Cohen has over 38 years’ of experience with commercial real estate acquisitions, conflict management, negotia
Slide 47: Key Takeaways
Key Takeaways • Expected Beneficiary of a Paradigm Shift in the Automotive Retail, Rental and Subscription Markets • Early Mover in the Pre-Owned Vehicle Subscription Market • Scalable and Differentiated Platform 22
Slide 48: Sources
Sources Footnotes Sources 1 Cox Automotive 2018 Used Car Market Report - Page 5/6 2 Carvana S-1 as filed with the SEC on April 4, 2018 – Page 7 3 "The Millennials Are Coming" printed at Automotive News.com on February 27, 2017. – Page 1 4 Auto Rental News 2018 Fact Book. – Page 1 5 "2017 US Car Rent
Slide 49: LMP Automotive IPO Reservation Form
LMP AUTOMOTIVE IPO RESERVATION FORM If you are interested in the LMP Automotive IPO, please let us know the dollar amount of your intended subscription. NAME: EMAIL: PHONE RESERVATION AMOUNT: SIGNATURE / DATE:
Slide 50: LMP Automotive IPO Reservation Request email
(0$,/ 68%-(&7/,1(/03$XWRPRWLYH,325HVHUYDWLRQ5HTXHVW'XHE\/03; SODQQHG1DVGDTV\PERO Good afternoon, As you may be aware, LMP Automotive Holdings, Inc. (proposed Nasdaq symbol: LMPX) (the “Company,” “we”, “us,” “our”) is moving forward with its planned initial public offering of common stock (IPO), and
Slide 51: The Company's Investor Presentation
2) The Company’s Investor Presentation. If you are potentially interested in investing in the Company’s IPO, please let us know the dollar amount of your intended subscription, so we can finalize allocations with, Boustead Securities, LLC, as underwriter and Nasdaq Sponsor (“Boustead”), by either: o
Slide 52: LMP Automotive Holdings, Inc.
LMP Automotive Holdings, Inc.
Slide 53: Forward-Looking Statements
Forward-Looking Statements This information is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy any security or related financial instrument. The summary may include “forward-looking statements” with the meaning of Section 27A of the Securit
Slide 54: Legal Disclaimer
Legal Disclaimer No money or other consideration is being solicited at this time with respect to an offering under Regulation A of the Securities Act of 1933, as amended, and if sent in response for such an offering, it will not be accepted. No offer to buy securities can be accepted and no part of
Slide 55: Specific Risks of the LMP Offering
Specific Risks of the LMP Offering In addition to the general risk of investment in a Regulation A Offering such as LMP as discussed on the immediately previous page, there are a number of risks associated with an investment in LMP’s business specifically. These risks are detailed on pages 6-25 of L
Slide 56: Offering Summary
Offering Summary Issuer LMP Automotive Holdings, Inc. Security Common Stock Proposed Exchange/Ticker Nasdaq Capital Market: LMPX Shares Outstanding Prior to 24,296,037 shares of Common Stock the Offering 1,000,000 to 2,300,000 shares of Common Stock, including up to Shares Offered 300,000 shares of
Slide 57: Our goal is to provide a new and convenient retail experience
Our goal is to provide a new and convenient retail experience for people who want to buy, sell, rent, subscribe and finance automobiles all from their desktops and mobile devices, or in person.
Slide 58: We are an e-commerce platform for pre-owned vehicles
We are an e-commerce platform for buying, selling, financing, subscribing to and renting late model pre-owned vehicles . Buy Rent or Subscribe Sell Repeat Auction Auction Off-Lease Off-Lease Fleet Purchase Fleet Purchase
Slide 59: Our Business
Our Business The LMP model aims to disrupt the traditional pre-owned vehicle sales model, by creating operational efficiencies designed to achieve better performance than industry average, while creating a better purchasing, subscribing and renting experience for our customers. Our platform is desig
Slide 60: Buy
Buy Auction Off-Lease Wholesale Purchase Fleet Purchase For pre-owned vehicle customers, we believe our platform offers a broad selection of vehicles at what we consider the best value. We expect to build fleet inventories through auctions, wholesale and fleet purchases, and off- lease purchases fro
Slide 61: Rent or Subscribe
Rent or Subscribe Seeking to Maximize Revenue per Vehicle Unit We believe that our platform offers customers seeking rental vehicles proximate to locations next to airports, popular tourist locations and business centers, offering what we consider to be a wide selection of vehicles at competitive ra
Slide 62: Sell
Sell Vehicles acquired through auction and off-lease are placed on our e-commerce platform for sale nationwide. After a predetermined time period* and/or mileage is achieved, vehicles purchased in our fleet program are also placed on our eCommerce platform. * Average 60 days for rental and 120 days
Slide 63: Repeat
Repeat Auction Off-Lease Wholesale Purchase Fleet Purchase We plan to build and rebuild our fleet inventory through free cash flow, financings and opportunistic acquisitions. Inventory size and pricing are the keys to throughput. Our plan is to establish 4 regional centers throughout the United Stat
Slide 64: Revenue Drivers
Revenue Drivers Used Vehicle Sales Warranty Vehicle Rentals Finance* Vehicle Subscriptions Rental Insurance* * The Company does not currently offer financing or rental insurance, but may do so at a future date.
Slide 65: Our Markets – Used Vehicle Sales
Our Markets – Used Vehicle Sales Pre-Owned Vehicle Sales 1 39.5 million used vehicles are forecast to be Total Sales Franchise Used Certified Pre-Owned sold in 2018, up from 39.3 million in 2017, at $50,000,000 an average price of $19,500.1 $40,000,000 We believe our markets are highly $30,000,000 f
Slide 66: Our Markets – Rentals
Our Markets –Rentals • $29 billion in annual revenues. 2017 U.S. Car Rental Market 4 • Rental fleet in U.S. of approximately 2.2 million U.S. Cars in Service (Avg.) 2017 U.S. Revenue Est. 2016 U.S. Revenue 2017 # U.S. Locations (in millions) (in millions) units. 2,186,700 19,643 28,626 28,439 • Avg.
Slide 67: What we Consider Our Competitive Advantages
What we Consider Our Competitive Advantages Integrated Online Brick & Mortar Strategy Centralization and automation of key back office functions reduces key costs. Cycle of “Buy, Rent or Subscribe, Sell & Repeat” Expected to minimize cost and maximize revenue per unit, while providing a constant sup
Slide 68: Growth Strategy
Growth Strategy Sales Rentals • Increase sales through increasing the size of our inventory • Increase rentals through well-stocked inventory and selection We believe that consumers want to drive a vehicle similar Build inventory through auction, wholesale dealer and manufacturer to the one they hav
Slide 69: Marketing & Advertising
Marketing & Advertising National Ad Strategy LMP plans to increase sales by increasing inventory, and then listing vehicles on a number of retail internet sites such as eBay.com, CarGurus.com, CarFax.com and Carsforsale.com. We also expect to maintain our own store within many of these online retail
Slide 70: Regional Strategy
Regional Strategy We expect to benefit from logistical and operational efficiencies through creation of clusters of large, centrally located facilities. Each facility is expected to be supported by: - State-of-the-art photo studios that provide optimal visual presentations of each vehicle - Centrali
Slide 71: Team
Team Samer “Sam” Salahel-Din Tawfik is the founder of LMP Automotive Holdings, Inc. and has served as our President, Chief Executive Officer and Chairman of the board of directors since January 2018. Prior to founding LMP Automotive Holdings, Inc., Mr. Tawfik was the founder and Managing Partner of
Slide 72: Team
Team William “Billy” Cohen has served as a member of our board of directors and the Lead Independent Director since March 2018. He is currently the Vice Chairman at Newmark Knight Frank. Mr. Cohen has over 38 years’ of experience with commercial real estate acquisitions, conflict management, negotia
Slide 73: Key Takeaways
Key Takeaways • Expected Beneficiary of a Paradigm Shift in the Automotive Retail, Rental and Subscription Markets • Early Mover in the Pre-Owned Vehicle Subscription Market • Scalable and Differentiated Platform 22
Slide 74: Sources
Sources Footnotes Sources 1 Cox Automotive 2018 Used Car Market Report - Page 5/6 2 Carvana S-1 as filed with the SEC on April 4, 2018 – Page 7 3 "The Millennials Are Coming" printed at Automotive News.com on February 27, 2017. – Page 1 4 Auto Rental News 2018 Fact Book. – Page 1 5 "2017 US Car Rent
Slide 75: LMP Automotive IPO Reservation Form
LMP AUTOMOTIVE IPO RESERVATION FORM If you are interested in the LMP Automotive IPO, please let us know the dollar amount of your intended subscription. NAME: EMAIL: PHONE RESERVATION AMOUNT: SIGNATURE / DATE:
LMP Automotive Holdings — Reg A Offering (October 2018) on 6ix