Intellicheck, Inc. · NASDAQ:IDN
Intellicheck — Investor Presentation (May 2023)
18 slides from Intellicheck's investor presentation, May 10, 2023
Slide 1: Investor Presentation May 2023
& intellicheck Investor Presentation May 2023
Slide 2: Cautionary Statement
>> CAUTIONARY STATEMENT Forward-Looking Statements: This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the forward-looking statements in this
Slide 3: Intellicheck at a Glance
Intellicheck at a Glance Our products are used across a wide variety of industries, both in-person and digitally Banking & Financial Services; Retail; Automotive; Law Enforcement; Alcohol, Tobacco and Cannabis Sales; Gaming; Title Insurance No hardware requirements lead to rapid deployment Trailing
Slide 4: Who We Are
Who We Are We believe Intellicheck is the best first step in identity validation to stop fraud losses and AML/KYC ° Our unique approach is highly accurate, instant and fully automated — “Prior to us using it in the field, we scanned over 1,000 known counterfeits, each one was detected.” * New York S
Slide 5: Magnitude of the Problem in 2022
Magnitude of the Problem in 2022 Total Fraud 15.4 $20.3 $1,311 Existing Account Fraud 14.3 $16.4 $1,320 New Account Fraud 3.6 $3.9 $1,919 Account Takeover Fraud 45 $11.0 $2,008 @ intellicheck
Slide 6: We Are Very Different: Law Enforcement Validation
We Are Very Different 28 State-level law enforcement agencies use Intellicheck to validate ID’s. Why is that important? — Law enforcement alone can check ID’s with every DMV in North America ° Yet they choose Intellicheck instead because we are just as accurate and lightning fast WE BELIEVE NO OTHER
Slide 7: We Are Very Different
We Are Very Different For in-branch or retail use cases, we typically work with the existing hardware - Point-of-sale scanner, branch check scanner In use at over 3,800 bank branches and over 30,000 retail locations ° For digital use cases, our accuracy means our clients introduce less friction in t
Slide 8: How We Are Used To Stop Fraud Losses
How We Are Used To Stop Fraud Losses Physical and Digital New Account Openings Instant credit, BNPL, bank accounts, loans, automotive test drives, title insurance, etc. — In-person or through website or mobile app Card-Not-Present - “| forgot my store-branded credit card; can you look me up?” Bank B
Slide 9: Representative Financial Services Clients
Representative Financial Services Clients ° Atop 5 bank with over 2 million accounts, $1.7 trillion in assets, and one of the top 3 credit card issuers in the country. - Intellicheck in use in the bank branches and at merchant retailers for instant credit — Signed 3-year renewal with 20% guaranteed
Slide 10: What We Deliver
What We Delive Came, IDN-Portal — QALY * Mobile app-based ID validation ¢ Rapid implementation - Turn it on and it works IDN-Portal+ ° Web-based no-integration platform * Validate someone in front of you or remote * Advanced analytics and risk signal detection IDN-Direct ¢ API-driven identity valida
Slide 11: Why Intellicheck
Why Intellicheck Accurate Over 99.9% accuracy Less fraud — fewer penalties Better Experience Fewer user steps Greater user retention “Copyright © 2021 Intellicheck Fast Results in < a second Equals more clients Faster validation Quick Set-up No new hardware Rest API or sign-up + use Be up and runnin
Slide 12: Notable Wins
& intellicheck Notable Wins
Slide 13: Notable Wins Demonstrating Diversification of Clients
Notable Wins Demonstrating Diversification of Clients Automotive revenues more than doubled over Q1 2022 Resellers are bearing fruit Automotive reseller revenues up 93% over Q] 2022 The omnichannel platform for banks and marketplaces reselling our core ID validation renewed and more than doubled the
Slide 14: Notable Wins Demonstrating Diversification of Clients
Notable Wins Demonstrating Diversification of Clients ° Signed a financial services provider headquartered in the Northwest with branches in in 5 states and one Canadian province. They will integrate Direct for online applications to start, then move in-branch. In pilot with a company that provides
Slide 15: Financial Overview
& intellicheck FINANCIAL OVERVIEW
Slide 16: Q1 2023 Financial Highlights
Q1 2023 FINANCIAL HIGHLIGHTS Total Revenue: $4,254,000 (+25% YoY SaaS Revenue: $4,228,000 (+26% YoY) — Record Q1 Total Gross Margin: 92.2% * Cash & ST Investments: $10,236,000 * Stockholders’ Equity: $17,830,000 * Debt: $0 * Net Loss: ($1,316,000) vs. Net Loss prior year: ($1,468,000) — Includes $68
Slide 17: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION Adjusted EBITDA, We use Adjusted EBITDA as a non-GAAP financial performance measurement. Adjusted EBITDA is calculated by adjusting net income (loss) for certain reductions such as gains on debt forgiveness and interest and other income and certain addbacks such as inc
Slide 18: Intellicheck.com
blewis@intellicheck.com gar@globalirgroup.com oS info@intellicheck.com Intellicheck.com