Intellicheck, Inc. · NASDAQ:IDN

Intellicheck — Investor Presentation (September 2022)

23 slides from Intellicheck's investor presentation, September 2022

Slide 2: Cautionary Statement
CAUTIONARY STATEMENT Forward-Looking Statements: This presentation contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although the forward-looking statements in this pr
Slide 3: Who We Are
Who We Are • We believe Intellicheck is the best first step in identity validation for AML/KYC, fraud prevention and for the sale of age-restricted products • Our unique approach is highly accurate, instant and fully automated – “Prior to us using it in the field, we scanned over 1,000 known counter
Slide 4: Recent Developments
Recent Developments • Named Jeffrey Ishmael as Chief Financial Officer – Founding CFO and employee #7 for SaaS startup Cylance, Inc. – Cylance sold 4 years later to Blackberry for $1.4 Billion – Brings to table rapid growth experience, systems knowledge, experience in the cybersecurity sector • Larg
Slide 5: Where We Are
Where We Are • Both digital and physical use cases • 7 of the top 15 financial institutions • Over 3,800 bank branches • Over 30,000 retail locations • Over 65 law enforcement agencies with more than 20 at the State level Copyright © 2021 Intellicheck 5
Slide 6: What Makes Intellicheck Unique
What Makes Intellicheck Unique • We do not rely on easily spoofed document templates • Unique insight from 22 years of experience with barcodes instantly provides superior accuracy with no human intervention required • No new hardware required • Unlike the majority of the identity vendors who need t
Slide 7: Problems We Solve
Problems We Solve KYC / FRAUD Age Account open Age verification Account access Purchase velocity Due diligence Customer experience No receipt returns Customer experience Copyright © 2021 Intellicheck 7
Slide 8: How We Do It
How We Do It Validate Match Identify Analyze Identity Identity Risk Data • Gather ID (driver’s license, • If the client desires, user • Use additional signals, as • Intellicheck provides passport, international takes a selfie for facial requested, that include robust reporting to documents) informat
Slide 9: What We Deliver
What We Deliver IDN-Portal • Mobile app-based ID validation • Rapid implementation - Turn it on and it works IDN-Portal+ • Web-based no-integration platform • Advanced analytics and signal detection IDN-Direct • API-driven identity validation • Bring Intellicheck into your process • Your branding, y
Slide 10: How You Can Use It
How You Can Use It • Use anytime, anywhere you need to verify someone is who they say they are Digital (online, call center), physical (retail) Copyright © 2021 Intellicheck 10
Slide 11: Why It's Important
Why It's Important Accurate Fast Over 99.9% accuracy Results in < a second Less fraud – fewer penalties Faster validation Better Experience Quick Set-up Fewer steps Rest API or sign-up + use Greater user retention Be up and running in >1 hour Copyright © 2021 Intellicheck 11
Slide 12: How We Do It – Premise
How We Do It – Premise Retailer or customer scans Intellicheck receives, Return result barcode on ID decrypts and analyzes barcode data Results in under a second Copyright © 2021 Intellicheck 12
Slide 13: How We Do It – Person Not Present
How We Do It – Person Not Present Customer scans Takes selfie for facial Intellicheck receives, Return result barcode on ID match and liveness decrypts and analyzes data Results in under a second Copyright © 2021 Intellicheck 13
Slide 15: Notable Wins
Notable Wins • Began the security audit with a new Top-5 bank for a proof of concept – Initial use case is for teller workstations, others in discussion • 2 major renewals completed with price increases, effective Q2 – Retailer with 1,100 locations at an increase of 33% – Retailer with 1,000 locatio
Slide 16: Notable Wins
Notable Wins • Financial Services Company #7 rolled Intellicheck out in Canada • Signed a global investment bank-owned financial solutions provider to 15,000 retailers. First use case will be digital credit for one of our existing brick-and-mortar home improvement retailers • Reseller providing an o
Slide 17: Notable Wins – New Markets
Notable Wins • New Markets – Signed an PE-owned media and tech giant to provide secure password resets to email accounts – Awarded the New Hampshire State Unemployment RFP Copyright © 2021 Intellicheck 17
Slide 18: SaaS Revenue 2019 through 2021
SaaS Revenue 2019 through 2021 DRIVERS of SaaS GROWTH YEARLY SaaS REVENUE • 99%+ effectiveness of ID authentication solution ($ in 000s) in both person-present and person-not-present environments $14,000 $12,000 • Instant authentication results. Fully automated. No human intervention required due to
Slide 20: Q2 2022 Financial Highlights
Q2 2022 FINANCIAL HIGHLIGHTS • Total Revenue: $4,008,000 (-16% YoY) Revenue Growth • SaaS Revenue: $3,928,000 (+21% YoY) • Gross Margin: 91.0% • Cash: $11,957,000 Balance Sheet • Stockholders’ Equity: $18,360,000 (as of JUNE 30) • Debt: $0 Net Income • Net Loss: ($1,098,000) vs. Net Loss prior year:
Slide 21: Adjusted EBITDA Reconciliation
ADJUSTED EBITDA RECONCILIATION Adjusted EBITDA We use Adjusted EBITDA as a non-GAAP financial performance measurement. Adjusted EBITDA is calculated by adjusting net income (loss) for certain reductions such as gains on debt forgiveness and interest and other income and certain addbacks such as inco
Slide 23: Contact
BRYAN LEWIS CEO 516.453.6647 blewis@intellicheck.com GAR JACKSON Global IR Group 949.873.2789 gar@globalirgroup.com info@intellicheck.com Intellicheck.com Copyright © 2021 Intellicheck

Intellicheck — Investor Presentation (September 2022) on 6ix

Intellicheck — Investor Presentation (September 2022)

Slide 1: Intellicheck Investor Presentation September 2022

Slide 2: Cautionary Statement

Slide 3: Who We Are

Slide 4: Recent Developments

Slide 5: Where We Are

Slide 6: What Makes Intellicheck Unique

Slide 7: Problems We Solve

Slide 8: How We Do It

Slide 9: What We Deliver

Slide 10: How You Can Use It

Slide 11: Why It's Important

Slide 12: How We Do It – Premise

Slide 13: How We Do It – Person Not Present

Slide 14: Notable H1 Wins

Slide 15: Notable Wins

Slide 16: Notable Wins

Slide 17: Notable Wins – New Markets

Slide 18: SaaS Revenue 2019 through 2021

Slide 19: Financial Overview

Slide 20: Q2 2022 Financial Highlights

Slide 21: Adjusted EBITDA Reconciliation

Slide 22: Financial Overview

Slide 23: Contact