Inseego Corp. · NASDAQ:INSG
Inseego — Investor Presentation (December 2018)
21 slides from Inseego's investor presentation, December 2018
Slide 1: Corporate Presentation December 2018
CORPORATE PRESENTATION December 2018 Dan Mondor, Chairman and CEO Steve Smith, EVP and CFO
Slide 2: Safe Harbor
Safe Harbor Safe Harbor Statement The following presentation contains statements about expected future events that are forward-looking and subject to risks and uncertainties. For these statements, we claim the safe harbor for “forward-looking statements” within the meaning of the Private Securities
Slide 3: NASDAQ: INSG – Global footprint and history
EUROPE NORTH AMERICA (GLOBAL HQ) NASDAQ: INSG ASIA Inseego HQ (Corp and Regional) AUSTRALIA & NEW ZEALAND AFRICA DigiCore Feeney Feeney Wireless Rebranded (Ctrack)Est. Wireless Est. Acquisition to Inseego 1986 1996 1999 2000 2015 2016 Novatel DigiCore (Ctrack) Listed Nasdaq Wireless Est. Acquisition
Slide 4: Transformation to Inseego 2.0
Transformation to Inseego 2.0 • Deliver New High Margin Products and Services GROWTH & DELEVERAGE • Focus on High Growth Markets • Grow Adj. EBITDA – Generate Cash to Deleverage Balance Sheet • Launched Inseego 2.0 with 3 Year Growth Strategy PLAN & EXECUTE ON NEW STRATEGY • 2018-2019 Development of
Slide 5: Leadership Team
Leadership Team DAN MONDOR STEVE SMITH ASHISH SHARMA JOHN WELDON Chairman & CEO EVP & CFO CMO & EVP IoT & Mobile Solutions SVP Enterprise SaaS Solutions SPECTRALINK | MITEL TETRAVUE | MICROPOWER SPECTRALINK | GRAYMATICS VERIZON | TELOGIS CONCURRENT | NORTEL XITRON | APPLIED MICRO ERICSSON | QUALCOMM
Slide 6: Internet of Things Integrated
Secure Device-to-Cloud Solution Connected Airport Mobile Intelligent Integration with Solutions Insights Customer Systems Smart City Internet Smart Edge SaaS Enterprise Integrated of Things Solutions Solutions Integration Solutions Connected SMB Connected Enterprise Connected Assets IoT Subscription
Slide 7: 5G Extends Device-to-Cloud Capability
5G Extends Device-to-Cloud Capability New applications and possibilities: MULTITUDE massive IoT, fixed wireless, ubiquitous broadband, OF USE robotics, autonomous driving CASES 4G SMARTPHONE Smartphone application proliferation, mobile broadband WITH APPS 3G Brought us mobile internet MOBILE INTERNE
Slide 8: Inseego Firsts - Mobilizing the Intelligent Enterprise
Inseego Firsts - Mobilizing the Intelligent Enterprise IoT & MobileSolutions 2G Fueling the mobile revolution: 3G Empowering the masses with 4G Leveraging innovation Nationwide NR FIRST Modem for PDAs access to mobile data: catapults IoT applications: broadband footprint FIRST Mobile Hotspot FIRST C
Slide 9: Broad Portfolio of Solutions
Broad Portfolio of Solutions IoT & Mobile Solutions Enterprise SaaS Solutions IoT Mobile Cloud Subscription Telematics Management Routers Hotspots Gateways HD VoLTE Aviation Government Modems Home Gateways SMB Enterprise Trackers Personal Trackers Enterprise Fleets 9
Slide 10: 5G and IoT Device-to-Cloud Growth Opportunity
5G and IoT Device-to-Cloud Growth Opportunity* * Annual U.S. TAM Fixed & Mobile $5B+ IoT & Mobile Solutions U.S. TAM IIoT Solutions $1.5B+ $ Global TAM Fleet Analytics Multi-Billion Enterprise SaaS Solutions BI $2B+ Dollar Revenue Aviation & Other Opportunity IoT Cloud Global TAM Verticals $6B+ 10
Slide 11: Aviation: Proven Solution - Propelling Growth
Aviation: Proven Solution - Propelling Growth B Driven by 4 million High growth - nascent market Partnership with ground service assets KLM Equipment Services 2018 Pilot with European leading ground Global Airports Wins & Successes: Upcoming Deployments at multiple support logistics provider North A
Slide 12: Inseego is #Making5GReal
Inseego is #Making5GReal 5G NR MOBILE MILLISECOND NETWORK LATENCY Inseego Achieves Multigigabit per Second Telstra Announces 5G Mobile Inseego’s All-New Router Will Bring 5G Speed and Millisecond Latency in Live 5G to Life in American Homes Hotspot Prototype from Inseego NR Mobile Network Field Tria
Slide 13: The Trillion Dollar Global Economic Impact
The Trillion Dollar Global Economic Impact A UNIFIED GLOBAL PLATFORM GLOBAL OPERATORS CONFIRMED 190 + TRIALS/DEPLOYMENT 3 KEY RANGES OF NEW SPECTRUM Sub 6 GHz 28 GHz 39 GHz 13
Slide 14: 5G Device-to-Cloud: A Future of Possibilities
5G Device-to-Cloud: A Future of Possibilities Virtual Autonomous Reality Driving | V2x Augmented Remote Reality Surgery Video Robotics Multi-Casting Integrated Immersive Smart City Experience 14
Slide 15: Inseego Solutions Trusted by Blue Chip Companies
Inseego Solutions Trusted by Blue Chip Companies Fortune 500 Customers and Partners // Government and Enterprise Customers IoT Solutions Mobile Solutions South Africa Enterprise SaaS Solutions 15
Slide 16: Financials
Financials
Slide 17: Q3 2018 Results Record Adjusted EBITDA
Q3 2018 Results Record Adjusted EBITDA Revenue Adjusted EBITDA 70,000 6,000 5,000 60,000 4,000 50,000 3,000 2,000 40,000 1,000 30,000 - (1,000) 20,000 (2,000) 10,000 (3,000) - (4,000) Q1-17 Q2-17 Q2-17 Q3-17 Q3-17 Q4-17 Q4-17 Q1-18 Q1-18 Q2-18 Q2-18 Q3-18 Q1-17 Q2-17 Q3-17 Q4-17 Q1-18 Q2-18 Q3-18 En
Slide 18: Recent ~$20M New Capital
Recent ~$20M New Capital Fuel strategic Deleverage investments in Balance Sheet 5G and IoT Cloud 1 18 8
Slide 19: Inseego Target Operating Model
Inseego Target Operating Model KEY GROWTH DRIVERS • 5G Fixed and Mobile • Accelerating SMB/Fleet Telematics Growth • Aviation Plus New IoT Cloud Verticals • Industrial IoT TARGET • Revenue Growth > 25% CAGR • Adj. EBITDA Margin > 15 - 20% • FCF as % of Adj. EBITDA > 60% • Net Leverage Ratio 2x 19
Slide 20: Investment Highlights
Investment Highlights New Management Team with Proven Track Record 5G Fixed Wireless and Industrial IoT are Near-Term Growth Drivers Accelerating Growth in Recurring, High Margin Enterprise SaaS Solutions Core Technology, Large Number of Referenceable Service Provider and Enterprise Accounts Give In
Slide 21: Thank You
NASDAQ: INSG Global HQ: San Diego, CA www.inseego.com For more information contact: Investor Relations THANK YOU joohunkim@mkrir.com Media Relations anette.gaven@inseego.com