Atlanticus Holdings Corporation · NASDAQ:ATLC
Atlanticus — Investor Presentation (January 2024)
26 slides from Atlanticus's investor presentation, Jan 24, 2024
Slide 1: Investor Presentation
/\tlanticus INVESTOR PRESENTATION NASDAQ: ATLC
Slide 2: Our Solution
Our Solution Financial technology enabling bank, brand and healthcare partners to offer more inclusive financial services Technology Analytics Growth 100% automated decisioning ‘Over 20 active models in production SIT market opportunity! 100% cloud-based infrastructure 40 billion cells of proprietar
Slide 3: Disclaimer
w Disclaimer General. This disclaimer applies to this document and the verbal or written comments of any person presenting it. This document, taken together with any such verbal or written comments, referred to herein as the “Presentation.” Forward-Looking Statements. This Presentation contains forw
Slide 4: Disclaimer (cont.)
Disclaimer (cont.) Neither this Presentation nor any part of it may be reproduced or redistributed, passed on, or the contents otherwise divulged, directly or indirectly, to any other person (excluding the recipient's professional advisers) or published in whole or in part for any purpose without th
Slide 5: Table of Contents
/\tlanticus Table of Contents FORTUNE ni Financial Outcomes 12 nn n and Op jLeverage 14 ATLANTA BUSINESS CHRONICLE its 18
Slide 6: Platform
Platform Enabling our Bank, Brand and Healthcare partners to offer more inclusive financial services Alanticus 1 NASDAQ: ATLC I 25+ $10.5 Years Billion General Purpose Credit Card Point of sale Solutions ‘Acute Healthcare Financing BH/PH Auto Financing (DORIA © cuRAE a WHO WE ARE
Slide 7: Purpose Driven Solutions
Purpose Driven Solutions a Empowering Better Financial Outcomes for Everyday Americans A re Ys -¢ w Ceoneral Purpoze Credit Card Solutions = A ek g aspre GB VISA @® = Imagine Point of Sale Solutions Ascerowts — BOB'Srinifiee — Q.vivint EMPIRES NordicTrack ‘Acute Healthcare Payment Solutions Fico Ran
Slide 8: Market Leading Innovation
o Market Leading Innovation 100% Automated Decisioning AI/ML Derived Analytics Mobile First UX Rapid Customer Growth Multiple Asset Class Capability Over 25 Years of Data Aggregation 100% Cloud-based Infrastructure Omnichannel Origination Capability A\I/ML Driven Customer Service API First Integrati
Slide 9: $1 Trillion+ Market Opportunity
© $1 Trillion+ Market Opportunity 40% of US consumers, ~100M people, have sub-700 FICO scores") General Purpose Credit Card Private Label Credit Healthcare Finance US Market ($50-700 FICO} Private Label 2" Look US Market: US Market: $348Bin out-of-pocket SIT in annual spend $198 in annual spend heal
Slide 10: Tenured Management Team
Tenured Management Team with Deep Industry Experience 16. 24. 752. Average Tenure at Average Industry Shareholder Atlanticus Experience Alignment captease W BAIN& COMPANY @ |! synchrony” Eicardlytics —_ @ globalpayments B TRUIST BH @ GE Capital © bread financial « a: © TSbank {puss Klarna. «BY Goate
Slide 11: Aspire: Atlanticus Financial Empowerment Platform
aspire’ Atlanticus Financial Empowerment Platform =) Mobile-First Free Credit ate AES = Money Cashback © credit @ Management (EU, supplemental _@ cay Saving <5 Employment Steady &investments STASH irene Banking / Debit afl Spending Summary Fraud Alerts Lock/Unlock Card Controls Mobile Wallet @ @Pay
Slide 12: Everyday Americans Face Financial Uncertainty
Everyday Americans Face Financial Uncertainty BW EE | 47% 63% 56% 40% Don'thave $500 Live paycheck Have less than (100M consumers) for emergency to paycheck?! $1,000 in savings®) have credit scores expenses” less than 700 44M Americansare unbanked or underbanked'®) S x ui = 9 ie a
Slide 13: Cardholder Reviews
Cardholder Reviews @erortiva ees ) 94% 74 Net Promoter Score 4Tout of S-star ‘Would recommendtoa rating" friend” Q a ui S fe) & i “one of my best moves financially! Being retired and having 40+ years in the Banking sector -| have found this card to be significantly easier to manage my finances with
Slide 14: Innovative Technology
Innovative Technology Scalable, reliable, and efficient 100% Cloud-based Infrastructure Scalability/Reliability/Efficiency Mobile First + Adaptive design to ‘accommodate consumer needsand partner + System of record, strategies * Decisioning + Database Partner Integration + Frictionless bank and POS
Slide 15: Market Leading Analytics
Market Leading Analytics More Than Just A Credit Score + 100% automated decisioning + Over 20 unique models in production + Models trained on 40 billion cells of proprietarydata * Decision analytics validated against 25+ years of performance data + Al&ML optimized analytics + Risk models proven thro
Slide 16: Looking Beyond The Credit Score
Looking Beyond The Credit Score Proprietary analytics segment risk and marketing response to put optimized offers in front of customers to achieve targeted returns Indicative Delinquency Rates [———_customriskscorepecile =| Fico 2 3 4 § 6 7 8 621-700 [4.0%] [sare |[ e056] [73% | [em ][ 727%] [e0n | [
Slide 17: Leveraging Technology Investments
Leveraging Technology Investments Investments in technology have lowered unit operational costs (5 Year % Decrease) Unit Servicing Costs
Slide 18: Quarterly Highlights
6.1% 12.9% Quarterly Highlights' Le ee ee $1.03 2kcerr Increase in managed New accounts receivables? to $2.3 billion 3 1, + serviced during the
Slide 19: Performance Summary
Performance Summary Total Revenue $350,000 $500000 $250,000 $200000 159.000 100900 '$50900 so ° ° SS OK He! sncredit and Other investments 0 pers Managed Receivables! '$2500,000 chon: 29%, $2,000,000 '81500,000 8,000,000 $500.00 so PP oP SHS ot De v0 PPP MMP Mos? Serviced Accounts 4 000.000 3500000
Slide 20: Diversified Product Approach
Diversified Product Approach gk 3.4M Serviced Accounts an 6.IM LTD Serviced Accounts! a General Purpose Credit Card f a ( } General Purpose Credit Card 22M 3.7™M g Private Label Credit ‘ qd @ Privare cave creaie 12M we 2.4M $2.3B Total Managed Receivables? $1.8B Purchases Year to Date General Purpos
Slide 21: Attractive Investment Opportunity
Attractive Investment Opportunity Technology, analytics, and people that empower better financial outcomes for Everyday Market Leading Technology Platform ‘Compelling Unit-Level Economics Americans through: Proven/informed Analytics Demonstrated Ability to Scale Experienced Management Team Fair Cons
Slide 22: Q3 Financial Highlights
Q3 Financial Highlights For the Three Months Ended September 30, =I ES ‘Total operating revenue $ Er) $ ry (Other non-operating revenue © 80 Interest expence az) este) Provicion fer lessee (30) 31) Cchangeein fsirvalue 77s) 63624) Net Margin ea 22435 Operating expenses Salaries and bene! 11360 10365
Slide 23: Consolidated Statements of Operations
Consolidated Statements of Operations Serer nompaating everue eeatng exces wosonnette Netiozetrbutble to noncortroling iterate Netincome atoube to cortling interest Forte Three Month Ended ‘Seotember 30, $s zu602 20016 sass “258 as cs aor ae are ase oo sh ares ___ss624 co Sas Forte Nine Months Ended
Slide 24: Consolidated Balance Sheets
Consolidated Balance Sheets September 30, December, Unvetricted ean and eth equivalents Restricted cash and azn equivalents Loang interest and fees recevable afar vaue Loane interest and fees recenable. gross Allowances or uncolectible receivables Detered revenue Net lane interest and fees receivabl
Slide 25: Non-GAAP Financial Measures
25 Non-GAAP Financial Measures 3028 a za Sep 30) Don30 0) MONS) Cee SeBIOM WARIO G warsiH Ove. 31) $ 20500 $ WEIS 7956 § Leo $ 728 $ IES S 1a0SE S 1Ox6s o-$ aoss7 $2101 os0a $ 19099 $ 167e7 § 1ZES ‘SN ore ese eater an wagereaiav See OT Dun 30) Mar HG Oe Sen IO JUNIO Mar TG Ove H tee recivanie grees
Slide 26: Statistical data and market size estimates notice
‘This presentation contains statistical data and estimates, including those relating to market size ‘and competitive position of the markets in which we participate, that we obtained from our own. internal estimates and research, as well as from industry and general publications and research, survey
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