Boxlight Corporation · NASDAQ:BOXL
Boxlight — IPO Roadshow (September 2015)
34 slides from Boxlight's IPO roadshow presentation, Sep 15, 2015
Slide 1: Boxlight Corporation: Interactive Learning Technologies
MBOXLIGHT. an BOXLIGHT CORPORATION Interactive Learning Technologies
Slide 2: Forward Looking Statements
BOXLIGHT. Forward Looking Statements This presentation contains “forward-looking statements.” Forward-looking statements reflect our current view about future events. When used in this presentation the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” or the negative o
Slide 3: Free Writing Prospectus
BOXLIGHT. Free Writing Prospectus The presentation highlights basic information about us and the offering. It does not contain all of the information that you should consider before investing. We have filed a registration statement including a prospectus with the SEC for the offering to which this p
Slide 4: IPO Overview
BOXLIGHT. IPO Overview Issuer BOXLIGHT Corporation NasdaqCM: BOXL Exchange/Ticker NasdaqcM: BOXLW 1,111,111 Shares of Class A Common Stock (100% Primary) orening eae and Warrants to purchase 555,555 Shares of Class A Common Stock Price Range $8.00 - $10.00 Over-Allotment Option 15% (100% Primary) Cu
Slide 5: Boxlight Today
BOXLIGHT. BOXLIGHT Today BOXLIGHT: * Track record of success * Goal: global education powerhouse * Innovative thought leader * Single point of accountability * Trusted advisor * Risk averse market with noble and complex objectives * Educating our children + Advanced, complex technologies with budget
Slide 6: Boxlight Overview
BOXLIGHT. BOXLIGHT Overview BOXLIGHT Corporation BOXLIGHT delivers interactive educational products for the global learning market Design Produce Distribute Support
Slide 7: Classroom Displays
BOXLIGHT. Classroom Displays * Projectors + Standard + Interactive * Interactive flat panels * Interactive tables Complementary Devices and Mobile science [a Solutions * Tablets * Audio * Mobile stands & devices * Software, content * Support, consulting and services BOXLIGHT Solutions New paradigm i
Slide 8: Boxlight Portfolio
BOXLIGHT. BOXLIGHT Portfolio GENESIS Collaboration Sales, Services, Support and Systems Integration solutions + Education value added solution provider * Systems integration, implementation and consulting BEOXUIGHT. Interactive Displays Solutions * World's 1% interactive projector * Worldwide scale
Slide 9: Classrooms Then and Now
BOXLIGHT. Classrooms Then and Now Today... -Tomorrow \ Js Interactive Wl iT Displays} Wireless &intemet )@ ‘ Networking ral. Interactive Devices Electronic aa Books at
Slide 10: Interactive Displays
BOXLIGHT. Displays ——. Interactive Displays
Slide 11: Complementary Devices & Solutions
BOXLIGHT. Complementary Devices & Solutions es Classroom Ready Solutions = ~~ i
Slide 12: Software
BOXLIGHT. Software Award-Winning Software | h al | 2 A GLOBIlab GLOBIware Classroom Management Software
Slide 13: Software: STEM Lab
BOXLIGHT. Software STEM Lab With an all-in-one science lab cEeceercp os i; = Oi 13
Slide 14: Boxlight Technology
BOXLIGHT. BOXLIGHT Technology BOXLIGHT Innovation Pioneered the interactive projector Holds 32 patents across largest worldwide markets Established new paradigm for science labs * Tablet-based, mobile, cost effective, new markets (elementary schools) Includes depth and breadth of products * Entry-le
Slide 15: Best-In-Class Technology Awards
BOXLIGHT. Best-In-Class Technology Awards _ BE Best Of show ‘Awards Of Excellence ‘Awards Of Excellence ISTE TOP FIVE Award honors new Honors new and upgraded Salutes already-released products Scholastic Administrator technologies with the products that demonstrate that have made significant Editori
Slide 16: Global Education Technology Spending
BOXLIGHT. Global Education Technology Spending Worldwide Spend On Education Hardware 2015 Worldwide Spending By Device Type 23 ™ Complementary Devices $20.6 ised Classroom Displays — ™ Mobile PCs = 1s ozs 9 — a oa o mz 5 ii [] = Mobile PCs/tablets - $9.4b 0 Classroom displays - $5.2b 20100-20112 201
Slide 17: Education Market Buzz
BOXLIGHT. Education Market Buzz Education Investment is Trending Upward "Global Ed Tech Financing Hits Record in Q1 2014” CB Insights, April 2014 “It’s not only that there’s this huge behemoth sector of the economy that spends $1.2 trillion on educating kids, but that it’s old, it’s long in the toot
Slide 18: Interactive Display Market
BOXLIGHT. Interactive Display Market Interactive Whiteboards * Inthe global interactive display market, —— Interactive Flat Panels ae Interactive Projectors there has been a significant sales — — Total market increase with 42% YoY growth 1000 oe 1200 a. * Interactive whiteboard market 00 3 fa: i is
Slide 19: Interactive Replacement Opportunity
BOXLIGHT. Interactive Replacement Opportunity Replacement Technologies: 2012 — 2018e * Of the seven million interactive displays £8 in schools, one million are over eight 14 years old. 1.4 13 13 13 12 1.2 14 a 2 i * By 2018, 25% of all sales will replace s existing displays g os —Global Units —Repla
Slide 20: Boxlight Advantage
BOXLIGHT. BOXLIGHT Advantage Differentiation * Strategic mergers post-IPO * Technology solutions — hardware, software, content - Recurring revenue * Education focused value added partners — USA & International * Companies we know * Deep history of partnerships * Realize consolidation economics * His
Slide 21: Relationships & Trust
BOXLIGHT. Relationships & Trust School Districts Are a risk-averse market Face increasingly more complex products Have a shortage of technical resources Work within budget constraints Need a trusted, experienced advisor — built on longstanding relationships ATLANTA PUBLIC SCHOOLS Making A Difference
Slide 22: Sales & Distribution Worldwide
OXLIGHT. ae Sales & Distribution Worldwide ¥ Complete Coverage of US Market Current Reach: All Major Markets.
Slide 23: Global Landscape
BOXLIGHT. Global Landscape Source: Financial analysis: projections based on anticipated acquisitions R&D and manufacturing located in Taiwan, China and Israel 32 patents in USA, Germany, Mexico, Israel, Japan, Taiwan, China and Others US Operations & Warehousing in Seattle WA, Laredo TX, and Atlanta
Slide 24: Leadership Team
BOXLIGHT. Leadership Team Mark Elliott Michael Pope Hank Nance Sheri Lofgren Pat Henry Dov Bruker John Campbell CEO President coo CFO cso President: Globisens President: Genesis Promethean Vert Capital Boxlight Logical Choice Promethean Globisens Promethean President Managing Director _ President CF
Slide 25: Board of Directors
BOXLIGHT. Board of Directors Robin Richards Rudy Crew Tiffany Kuo Mark Elliott Michael Pope Blackboard NYC Department of Everest Promethean Vert Capital Connect Education ExxonMobil Apple Omniture Career Arc Harvard University Deloitte E3 Corporation Grant Thornton Mp3.com Miami-Dade County Public S
Slide 26: Investment Highlights
BOXLIGHT. Investment Highlights Growing Market Organic Sales Growth Large, growing market in a performing History of growth with recurring revenue educational technology sector streams & upsell opportunities Proven Leadership Team Comprehensive Solution Suite Winning leadership team and BOD with Ful
Slide 27: Pipeline
BOXLIGHT. Pipeline TOTAL WEIGHTED (in thousands) PIPELINE PIPELINE” BOXLIGHT $ 70,410 $ 40,842 Globisens $ 12,482 $11,261 Genesis $ 18,447 $12,159 Total $ 101,339 $ 64,262 “Weighted for probability to close High profile projects include $27M Baltimore County Schools, $10M Atlanta Public Schools and
Slide 28: Unaudited Pro Forma Combined Statements of Operations
BOXLIGHT. Unaudited Pro Forma Combined Statements of Operations Year Ended YTD Through YTD Through (in thousands) December 31, 2014 June 30, 2014 June 30, 2015 Revenue S$ 29,285 S$ 11,438 $ 13,618 The table gives effect to the planned Cost of Goods Sold 21,738 8,635 10,822 acquisitions of Boxlight,
Slide 29: Operation Cost Optimization
BOXLIGHT. Operation Cost Optimization (in thousands) December 2014 June 2015 Gross Profit Percentage 25.77% 20.53% EDI outsources 60% of manufacturing resulting in low gross profit margins * Strategic plan to increase in- house manufacturing from 40% to 70% in 2015 * Manufacturing facilities in Taiw
Slide 30: Revenue Growth & Profitability
BOXLIGHT. Revenue Growth & Profitability Strategic acquisitions of companies to provide products, services, training or Revenue distribution that extend or complement our existing business Growth Integrate sales, marketing and brand messaging strategies across companies with integrated product offer
Slide 31: Pre IPO Unaudited Pro Forma Combined Balance Sheet
BOXLIGHT. Pre IPO Unaudited Pro Forma Combined Balance Sheet (in thousands) As of June 30, 2015 Cash & Cash Equivalents? © ayaiks Working Capital S 2,697 Goodwill S$ 1,816 Intangibles $ 12,840 Long-Term Debt S$ 1,453 numbers are pi (1) Includes restricted cash of $1,448
Slide 32: Use of Funds
BOXLIGHT. Use of Funds (in thousands)
Slide 33: Capitalization Table
BOXLIGHT. Capitalization Table Including acquisitions effective upon IPO Pre-IPO Common Shares Outstanding? 5,176,817 Warrants Outstanding? 564,651 Options Outstanding? 934,294 Fully Diluted Shares Outstanding 6,675,762 (1) Includes acquisitions effective upon IPO and a public offering price of $9.0
Slide 34: Thank You
BOXLIGHT. Thank You www.boxlightcorp.com