Intellicheck, Inc. · NASDAQ:IDN

Intellicheck — Q3 2023 Earnings Presentation

17 slides from Intellicheck's earnings presentation, November 2023

  1. Slide 1: Investor Presentation

    Investor Presentation November 2023 Copyright © 2021 Intellicheck

  2. 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

  3. Slide 3: Intellicheck at a Glance

    Intellicheck at a Glance • Our products are used across a wide variety of industries, both in-person and digitally • Banking & Financial Services; Retail; Automotive; Law Enforcement; Alcohol, Tobacco and Cannabis Sales; Gaming; Title Insurance • No hardware requirements lead to rapid deployment • T

  4. Slide 4: Who We Are

    Who We Are • We believe Intellicheck is the best first step in identity validation to stop fraud losses and AML/KYC • Our unique approach is highly accurate, instant and fully automated – “Prior to us using it in the field, we scanned over 1,000 known counterfeits, each one was detected.” • New York

  5. Slide 5: Magnitude of the fraud Problem in 2022

    Magnitude of the fraud Problem in 2022 Type US Victims (Millions) Total Fraud Amount Mean Fraud Amount per (Billions) Victim Total Fraud 15.4 $20.3 $1,311 Existing Account Fraud 14.3 $16.4 $1,320 New Account Fraud 3.6 $3.9 $1,919 Account Takeover Fraud 4.5 $11.0 $2,008 Copyright © 2021 Intellicheck

  6. Slide 6: We Are Very Different

    We Are Very Different • 28 State-level law enforcement agencies use Intellicheck to validate ID’s. Why is that important? – Law enforcement alone can check ID’s with every DMV in North America • Yet they choose Intellicheck instead because we are just as accurate and lightning fast WE BELIEVE NO OTH

  7. Slide 7: We Are Very Different

    We Are Very Different • For in-branch or retail use cases, we typically work with the existing hardware – Point-of-sale scanner, branch check scanner – In use at over 4,800 bank or lender branches and over 30,000 retail locations • For digital use cases, our accuracy means our clients introduce less

  8. Slide 8: How We Are Used To Stop Fraud Losses

    How We Are Used To Stop Fraud Losses • Physical and Digital New Account Opening Opportunities – Instant credit, BNPL, bank accounts, loans, automotive test drives, title insurance, etc. – In-person or through website or mobile app • Card-Not-Present – “I forgot my store-branded credit card; can you

  9. Slide 9: Representative Financial Services Clients

    Representative Financial Services Clients • A top 5 bank with over 2 million accounts, $1.7 trillion in assets, and one of the top 3 credit card issuers in the country. – Intellicheck is in use in the bank branches and at their merchant retailers for instant credit – Signed 3-year renewal with 20% g

  10. Slide 10: 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 • Validate someone in front of you or remote • Advanced analytics and risk signal detection IDN-Direct • API-driven identity validation • Bring

  11. Slide 11: Why Intellicheck

    Why Intellicheck Accurate Fast Over 99.9% accuracy Results in < a second Equals more clients Less fraud – fewer penalties Faster validation Better Experience Quick Set-up Fewer user steps No new hardware Rest API or sign-up + use Greater user retention Be up and running in >1 hour Copyright © 2021 I

  12. Slide 12: Q3 Recap

    Q3 Recap Copyright © 2021 Intellicheck 12

  13. Slide 13: Q3 Developments

    Q3 Developments • Continued to increase our online penetration for remote authentication with significant organizations • Signed second largest title company in the U.S. • Signed the leading comprehensive digital closing platform used by title, escrow, real estate, and mortgage lending professionals

  14. Slide 14: Financial Overview

    FINANCIAL OVERVIEW Copyright © 2021 Intellicheck

  15. Slide 15: Q3 2023 Financial Highlights

    Q3 2023 FINANCIAL HIGHLIGHTS SaaS Revenue • Total Revenue: $4,760,000 (+19% YoY) Growth • SaaS Revenue: $4,635,000 (+17% YoY) – Record Q3 Total • Gross Margin: 91.0% • Cash & ST Investments: $8,910,000 Balance Sheet (as of Sept 30) • Stockholders’ Equity: $17,071,000 • Debt: $0 Net Income • Net Loss

  16. Slide 16: 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 loss for certain reductions such as interest and other income (expense) and certain addbacks such as non-restructuring severance expen

  17. Slide 17: 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

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