Adcore Inc · TSX:ADCO
Adcore — Investor Presentation (December 2022)
26 slides from Adcore's investor presentation, December 2022
Slide 1: Adcore's Investor Presentation December 2022
TSX: A DCO | OTCQX: A DCOF Adcore’s Investor Presentation December 2022
Slide 2: Disclaimer
Disclaimer Certain statements herein relating to Adcore Inc. (“ADCORE” or the “Company”) constitute “forward-looking statements”, within the meaning of applicable securities laws, including without limitation, statements regarding future estimates, business plans and/or objectives, sales programs, f
Slide 3: We Are Adcore
Adcore’s Investors Presentation | December 2022 TSX: A D CO | OTCQX: A D CO F We Are Adcore A leading e-commerce marketing Adcore Inc. (TSX:ADCO) (OTCQX: technology company. Adcore ADCOF) was established in 2006. offers a unique digital marketing The Company employs over sixty solution to manage and
Slide 4: Investment Thesis
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F Investment Thesis Fast Growing Growing Huge Fastest Scalable Martech Customer Addressable Growing Sector Technology Company Base Market With 57% 2021 YoY E-commerce Adcore’s marketing Over 500+ ad $906B in global digital rev
Slide 5: Effortless Marketing
OUR VISION Effortless Marketing We believe marketing should be effortless and accessible to everyone. 5
Slide 6: Huge Addressable Market
$1,166B (2026) Huge Addressable $906B Market (2023) Source: Insider Intelligence Digital Ad spending Worldwide, 2023-2026 29% GROWTH 6
Slide 7: Unprecedented Growth
Adcore’s Investors Presentation | December 2022 TSX: A D CO | OTCQX: A D CO F Unprecedented Growth COVID-19 has accelerated the digital This change is huge and continues transformation of businesses on a to unfold. The time to invest in the massive scale. future of MarTech is now. 7
Slide 8: MarTech for E-commerce Leaders
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F MarTech for E-commerce Leaders The Right Strategic Global The Best Strong Technology Alliances Coverage Talent Financials suite of marketing A Strategic partnerships 5 offices covering 4 60+ employees Consistent strong a
Slide 9: Adcore Marketing Cloud
Adcore Marketing Cloud Marketing Tech Suite We believe marketing should be effortless and accessible to everyone. Adcore’s marketing cloud allows marketers from all sizes to attract new customers and boost their performance. Adcore is perfectly positioned to lead and dominate the segment of market
Slide 10: Adcore Marketing Cloud & Services Create Automated Ads
ADCORE MARKETING CREATE AUTOMATED ADS CLOUD & SERVICES FOR ALL MAJOR PLATFORMS Shop Princess Polly Clothing 10
Slide 11: Marketing Cloud: Effortless Marketing
Adcore’s Investors Presentation | December 2022 Marketing Cloud: EFFORTLESS MARKETING Easily reach shoppers on Google, Facebook & more Effortless Marketing is a holistic marketing solution for Shopify and WooCommerce store owners from feed creation and submission to smart campaign creation and perfo
Slide 12: Marketing Cloud: FEEDITOR
Adcore’s Investors Presentation | December 2022 Marketing Cloud: FEEDITOR Ultimate shopping toolfor marketing professionals FEEDITOR is an online based shopping technology, that allows vendors to optimize and export their product data omprehensive visual to over 200 shopping channels and price com
Slide 13: Marketing Cloud: ALERTER
Adcore’s Investors Presentation | December 2022 Marketing Cloud: ALERTER Monitor all your digital assets with 100% confidence Enable 24/7 monitoring of your website, data feeds, ad accounts, and other digital assets. Get instant email and app notifications. A comprehensive visual The Alerter app mon
Slide 14: Marketing Cloud: SEMDOC
Adcore’s Investors Presentation | December 2022 Marketing Cloud: SEMDOC A comprehensive visual account audit in just 30 seconds The most powerful account auditing technology, providing advertisers with 52 key account & campaign metrics to identify inefficiencies and untapped revenue omprehensive vi
Slide 15: Marketing Cloud: VIEWS
Adcore’s Investors Presentation | December 2022 Marketing Cloud: VIEWS Ultimate automation tool for search marketing professionals VIEWS provides search marketing professionalswith a unified platform to scale and maximize ROI through the most powerful automation capabilities. A comprehensive vis
Slide 16: Management Team
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F Management Team Omri Brill Roy Nevo Yatir Sadot Vadim Malkin CEO COO CFO CTO Martijn van den Bemd Ronit Moll Jason Saltzman CPO GM Australia Legal Counsel 16
Slide 17: Revenue Model
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F Revenue Model A healthy mix of global revenues Q3 2022 We earn a percentage of the total advertising spend managed across the Adcore platforms. 27% 30% Platform take (5%-15% commission) $700M $36M 43% 2021 EMEA APAC North
Slide 18: Solid Financial Model
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F Solid Financial Model CAD in thousands currency 35,739 14,000 13,292 12,000 10,411 10,000 9,733 8,618 22,772 8,000 6,977 7,498 15,011 6,000 5,176 4,693 11,093 4,079 4,000 2,000 0 Q3-2020 Q4-2020 Q1-2021 Q2-2021 Q3-2021 Q4-2
Slide 19: Strong yearly revenue growth
35.7 40 YoY Revenue Growth Adcore’s Investors Presentation | December 2022 35 2021 - 57% Strong 30 yearly 25 22.8 revenue 20 growth 15 10 CAD in million 5 0 2020 2021 19
Slide 20: Quarterly revenue, gross profit and EBITDA
Q4 2021 Q1 2022 Q2 2022 Q3 2022 $9.7M $4.7M $5.2M $7.5M Revenue Revenue Revenue Revenue $3.2M $2.0M $2.1M $3.4M Gross profit Gross profit Gross profit Gross profit $1.1M $0.1M $0M $0.7 Adjusted EBITDA Adjusted EBITDA Adjusted EBITDA Adjusted EBITDA $13M $11.9M $10.2M $10.6M Working capital Work
Slide 21: Solid Balance Sheet
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F Solid Balance Sheet Total Assets Significant Cash Pile No Debt 24 16 4.5 4 21 19.7M 14 18 17.3M 12 3.5 3 15 10 9M 8.2M 2.5 12 8 2 9 6 1.5 6 4 1 3 2 0.5 - - 0 0 0 JUN 22 SEP 22 JUN 22 SEP 22 JUN 22 SEP 22 21
Slide 22: Capitalization Table
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F Capitalization Table Common Shares 61m 85% Options, RSUs & Warrants 11m 15% Fully Diluted 72m 100% Founders/Management/Insiders 42m 69% Trading Float (MGMT estimate) 19m 31% Share Price - Dec 2nd, 2022 $0.28 Market Capitaliz
Slide 23: Comparable Companies
Comparable COMPANY NAME TICKER MARK CAP ENTERPRISE VALUE (EV) EV / GROSS PROFIT EV / EBITDA (ADJ) Companies AcuityAds Holdings Inc Tucows Inc AT CA TC CA 119 508 37 393 0.6 4.6 7.7 17.0 QuinStreet Inc QNST US 1,007 900 14.1 77.8 Significant share price upside PubMatic Inc PUBM US 1,134 928 3.8 7.
Slide 24: Invest in the Future of MarTech
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F Invest in the Future of MarTech Fast Growing Helping Propriety Huge & Proven MarTech Businesses Technology Growing Business Company to Digitally Offering Market Model Transform Adcore is one of the A suite of marketing The
Slide 25: IR Contacts
Adcore’s Investors Presentation | December 2022 TSX: A DCO | OTCQX: A DCO F IR Contacts Martijn van den Bemd Yatir Sadot John Nesbett CPO CFO U.S. INVESTOR RELATIONS martijn@adcore.com yatir@adcore.com jnesbett@imsinvestorrelations.com 25
Slide 26: Thank You.
TSX: A DCO | OTCQX: A DCOF Thank You.