Paysign, Inc. · NASDAQ:PAYS
Paysign — Investor Presentation (August 2020)
22 slides from Paysign's investor presentation, Aug 7, 2020
Slide 1: Investor Presentation July 2020
© 202 0 Paysi gn , I nc . A ll ri ght s r e s e rv ed . Paysi gn ® is a r eg is te r e d t ra de m ark. 1 © 2020 Paysign, Inc. All rights reserved. Paysign® is a registered trademark. Investor Presentation July 2020 NA S DAQ : P AYS
Slide 2: Important Notices
Important Notices 2 © 2020 Paysign, Inc. All rights reserved. Paysign® is a registered trademark. Forward - Looking Statements and Use of Non - GAAP Financial Information This presentation may include "forward - looking statements." To the extent that the information presented in this presentation d
Slide 3: Topics
T o p i c s 3 © 2020 Paysign, Inc. All rights reserved. Paysign® is a registered trademark. • Company Overview • Investment Highlights • Company Milestones • Growth Strategy & Markets • Technology Platform • Competitive Advantages • Business Drivers • Investment by the Numbers • Financial Highlights
Slide 4: Paysign: A Reliable Payments Partner
Paysign ® : A Reliable Payments Partner Paysign provides innovative payment products intended to reward consumers, clients or productive employees, delivers patient affordability solutions to the pharmaceutical industry, and offers a mobile - first digital banking solution to businesses and their co
Slide 5: Company Overview
Company Overview • Incorporated in 2001 and headquartered in Henderson, Nevada. • Experienced and trusted prepaid debit card payment solutions provider and an integrated payment processor with millions of prepaid debit cards. • We design and develop custom prepaid and debit card payment solutions, b
Slide 6: Investment Highlights
Investment Highlights Revenue Growth Fast growing, high margin, profitable business with predictable recurring revenues. Technology Leading proprietary cloud - based payments platform Financials Strong cashflow and no debit. Leadership Highly accomplished and experienced management team and board. P
Slide 7: Company Milestones
Company Milestones 2001 2006 2007 2011 2017 2018 2019 2020 • First Pharmaceutical Client • Company Founded as 3PEA Technologies, Inc . • May - Formation of Experienced Board of Directors • Aug - Listed on NASDAQ • 2.2+ Million a Cardholders • $621 Million Loaded on Cards • First Plasma Client • Comp
Slide 8: Growth Strategy
Growth Strategy GROW • Protect & Grow Core Plasma Business • Partner with Pharma industry by providing Co - Pay Assistance Programs, Buy and Bill Programs and Pharmaceutical Rebates DIVERSIFY • New Products o Paysign Premier o Paysign Rewards o Paysign Busines s • New Industry Segments • New Geograp
Slide 9: 2023 U.S. Open-Loop Prepaid Market Forecast
2023 U.S. Open - Loop Prepaid Market Forecast $84.3B (20.9%) Government Benefits (Social Security, TANF, State Unemployment, Court Ordered P a y m e n ts ) $15.2B (3.8%) Insurance Claims $38.6B (9.6%) Payroll & Benefits $402.9B Loaded on Open Loop Prepaid Cards 2023 (f) 1 CAGR 2%, 2019 - 2023 $38.1B
Slide 10: Providing Donor Compensation Solutions since 2011
Providing Donor Compensation Solutions since 2011 Paysign processed over 17M Donor Compensation Payments in 2019 US Plasma Centers 855 Total US Plasma Center Locations 1 Paysign Share 35% 32 . 6M 35 . 5M 38 . 3M 42 . 4M 48 . 7M 53 . 5M 4 . 3M 7 . 8M 10 . 6M 15 . 1M 17 . 7M - 1 0 3 0 2 0 4 0 5 0 6 0
Slide 11: Patient Affordability Solutions
Patient Affordability Solutions Helping Patients Offset their Out - of - Pocket Rx Costs 1 IQVIA Institute for Human Data Science, “Medicines Use and Spending in the U.S.: A Review of 2018 and Outlook to 2023 (May 2019) $6 . 0 11 © 2020 Paysign, Inc. All rights reserved. Paysign® is a registered tra
Slide 12: A Full-Service Provider
A Full - Service Provider Cardholder Portals & Mobile Apps Self - Service Partner Portal Client API - Based Solutions 24/7/365 In - House, Bilingual Customer Care Fraud and Chargeback M a n a ge m e n t Program Management Services Full - service, end - to - end, card - based solutions as both a proc
Slide 13: Competitive Advantages
Competitive Advantages End - to - End Solutions Processor AND Program Manager 13 © 2020 Paysign, Inc. All rights reserved. Paysign® is a registered trademark. Customized Innovative and client - tailored payment solutions Superior Service 100% in - house and bilingual customer service Expedient and N
Slide 14: Business Drivers
Business Drivers $288 . 5 $408 . 3 $620 . 8 $882 . 3 $500 $400 $300 $200 $100 $0 $700 $600 $1,000 $900 $800 2016 2017 2018 2019 M illi on s FUNDS LOADED ON CARDS $882M 2019 Total Funds Loaded on Cards 143% CAGR 2016 - 2019 1 . 6 2 . 5 3 . 5 4 . 4 $5 $5 $4 $4 $3 $3 $2 $2 $1 $1 $0 20 1 6 20 1 7 20 1 8
Slide 15: Investment by the Numbers
DEBT $0 2019 REVENUE $34 . 7M 2019 ADJUSTED EBITDA $10 . 2M Investment by the Numbers $10,416,672 $15,234,091 $23,031,823 $26,994,929 $7,372,990 Pharma, $366,442 Other, $25,410 Other, $298,734 2016 2017 2018 P l a s m a P h a r m a O t h e r REVENUE BY INDUSTRY 2019 2018 - 2019 YoY Growth with expan
Slide 16: Financial Highlights
Financial Highlights $10. 4 $15. 2 $23. 4 $35 $30 $25 $20 $15 $10 $5 $0 $40 $34.7 201 6 201 7 201 8 2019 M illi on s REVENUE 49.3% CAGR 2016 - 2019 $1. 4 $1. 8 $2. 6 $3 $2 $1 $0 $8 $7.5 $7 $6 $5 $4 201 6 201 7 201 8 2019 M illi on s NET INCOME 74.6% CAGR 2016 - 2019 $2. 1 $3. 0 $4. 9 $10. 1 $4 $2 $0
Slide 17: Financial Highlights: Income Statement Summary
Financial Highlights Income Statement Summary Revenue and Reconciliation of Net Income to Adjusted EBITDA 17 © 2020 Paysign, Inc. All rights reserved. Paysign® is a registered trademark.
Slide 18: Leadership Team
Leadership Team Mark Newcomer has been the face, voice, and backbone of Paysign since 2006. For nearly 20 years, Newcomer has also served as chairman and CEO of 3PEA Technologies, Inc. (a subsidiary of Paysign Inc.), the payment solutions company he co - founded in 2001 with Dan Spence. He attended
Slide 19: Leadership Team
Leadership Team Matt Lanford joined Paysign in 2019. He has 30+ years of experience in the payments industry. Prior to joining, he was the SVP/GM of the financial services division of InComm. Matt was with Mastercard for over 10 years in a variety of roles including investor relations, the Global Pr
Slide 20: Leadership Team
Leadership Team Al is an influential relationship - builder with a widespread network of contacts. A veteran of the biopharmaceutical services industry, he boasts more than 25 years of success and achievement in accelerating revenue growth, increasing profitability, and expanding market footprint fo
Slide 21: Independent Directors
Independent Directors 21 © 2020 Paysign, Inc. All rights reserved. Paysign® is a registered trademark. Dan Henry Chairman of the Board, Compensation Committee Chair • Current CEO and President of Green Dot Corporation. • Former CEO of NetSpend (2008 - 2013). Grew annual revenue from $129M to $351M,
Slide 22: Contact Us
Contact Us Office: (702) 453 - 2221 Direct: (702) 749 - 7269 2615 St Rose Parkway Henderson, NV 89052 United States Jim McCroy Investor Relations ir@paysign.com 22 © 2020 Paysign, Inc. All rights reserved. Paysign® is a registered trademark.