Verifyme, Inc. · NASDAQ:VRME
Verifyme — Merger or Acquisition (April 2022)
12 slides from Verifyme's merger presentation, Apr 26, 2022
Slide 1: PeriShip Acquisition Investor Call April 2022
PeriShip Acquisition Investor Call April 2022 NASDAQ:VRME Protect your brand. Grow your business. www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME
Slide 2: Forward-Looking Statements
FORWARD - LOOKING STATEMENTS 2 In addition to historical information, this presentation contains statements relating to the acquisition of PeriShip, LLC by VerifyMe, Inc . and integration of the two companies, anticipated synergies of the acquisition, revenue opportunities, anticipated revenue, prof
Slide 3: Capital Raise
Capital Raise 3 » On April 14, 2022, VerifyMe raised $5M for M&A and working capital » One Institutional Investor $4.7M » VerifyMe Board Members $0.3M www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME
Slide 4: Terms of the PeriShip Deal
Terms of the PeriShip Deal 4 » Transaction $ 10.5 million » Consideration Paid » Cash at Closing $ 7.5 million » VerifyMe Stock $ 1 million » Term Note payable over 18 months $ 2 million www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME
Slide 5: PeriShip
PeriShip 5 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Founded in 2001 Headquartered in Branford, Connecticut Approximately 45 employees
Slide 6: PeriShip
PeriShip 6 » Approximately 400 Customers » Strong Client Retention with over 80% of revenue from existing customers over past three years » Accretive to Cashflow » Accretive to EPS www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Source: IBISWorld Industry Report Couriers & Local Deliv
Slide 7: VerifyMe & PeriShip 2023 Forecast (without Synergies)
VerifyMe & PeriShip 2023 Forecast (without Synergies) 7 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME Revenue in excess of $25 million Positive Adjusted EBITDA (1) (1) Adjusted EBITDA is a non - GAAP measure. The Company defines EBITDA as net income before income tax expense (benefi
Slide 8: Potential Synergies
Potential Synergies 8 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME These potential synergies are not included in our 2023 financial estimates » New value add sales channel for the food and beverage, pharmaceutical and luxury markets for VerifyMe’s products and services to existing
Slide 9: Business Continuity
Business Continuity 9 » Will continue to operate as a separate brand under the name PeriShip Global LLC » Experienced leadership team each with over 20 years of experience » Employment agreements with three key senior management professionals covering all operating functions www.VerifyMe.com Confide
Slide 10: Growth Strategy
10 Growth Strategy www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME » We expect the transaction to accelerate our growth and increase shareholder value » Cross selling VerifyMe technology with existing PeriShip clients » New product development » Other potential acquisitions
Slide 11: Q & A
Q & A 11 www.VerifyMe.com Confidential Property of VerifyMe NASDAQ:VRME
Slide 12: Protect your brand. Grow your business.
Protect your brand. Grow your business. US Headquarters 75 S Clinton Avenue Suite 510 Rochester NY 14604 +1 585 736 9400 info@ verifyme.com 12