Intellicheck, Inc. · NASDAQ:IDN
Intellicheck — Investor Presentation (May 2019)
18 slides from Intellicheck's investor presentation, May 2, 2019
Slide 1: Intellicheck Investor Presentation May 2019
VU INTELLICHECK Intellicheck, Inc. (NYSE American: IDN) Investor Presentation May 2019 Stopping fraud before it starts y NTELLICHECK
Slide 2: Safe Harbor Statement
Safe Harbor Statement Certain statements in this presentation constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Words such as "will," "believe," "expect," "anticipate, "encouraged" and similar expressions, as they relate to
Slide 3: Intellicheck at a Glance
Intellicheck at a Glance — Intellicheck delivers instant, accurate UV INTELLICHECK identification authentication solutionsto: — reduce identity theft - control access to age-restricted products — increase law-enforcement effectiveness - Authentication products serve a large and growing addressable m
Slide 4: Points of discussion
Points of discussion Key statistics on identity theft Use cases in financial services Market size Recent wins TELLICHECK
Slide 5: Key Identity Theft Statistics
Key Identity Theft Statistics ¢ The amount of Personally Identifiable Information (Pll) exposed in 2018 was up 126% over 2017 ¢ 1,244 data breaches in 2018 exposed 446,515,334 records ¢ This is in addition to the 145 million names, social security numbers and dates of birth breached at Equifax in 20
Slide 6: The Cost of Personally Identifiable Information is Going Down
The Cost of Personally Identifiable Information is Going Down « According to Experian: * Credit card with CVV - $100 * On-line payment services login info — $20 to $200 + Drivers License - $20 * Social Security Number - $1 ¢ The only element missing for a criminal to utilize a portfolio of data brea
Slide 7: Fake IDs are Readily Attainable and Near Perfect
Fake IDs are Readily Attainable and Near Perfect © What we do? # How we do it? f= How to pay?
Slide 8: Fake ID - Just Pick Your State
Fake ID - Just Pick Your State ALL ID's come with an exact duplicate, free custom signature and free shipping Covina,” «$200 $150 $100 Alaska $100 $70 $60 y INTELLICHECK
Slide 9: Use Cases in Financial Services
Use Cases in Financial Services * Credit Card Applications ¢ Your stolen data used to open an account — Estimated $3.4 billion stolen in 2018 — Average consumer spends 300 hours clearing their name — 69% of victim blame the store and change shopping habits « Card Not Present ¢ Your stolen data used
Slide 10: Use Cases in Financial Services
Use Cases in Financial Services « Non-receipted Returns * Organized crime returns stolen goods — Estimated losses of $9.7 billion per year ¢ Retail Banking « Anti Money Laundering / Know-Your-Customer * Prevent identity theft — i.e. cashiers checks, withdrawals, etc. y INTELLICHECK
Slide 11: Easy and Inexpensive Solution — Scan the License
Easy and Inexpensive Solution — Scan the License We all carry it with us — not intrusive Faster acquisition of clients, immediate rejection of fraud No hardware required, integrates into the point-of-sale In Q1 2019, for clients we host, we stopped 34,481 fraudulent transactions Average loss per tra
Slide 12: Pipeline Market Size Opportunities
Pipeline Market Size Opportunities « Revenue Assumptions by Size Store Count Average Revenue/Year Small <500 $200,000 Medium 500 - 1500 $500,000 Large > 1500 $900,000 * One Credit Card Issuer Client sie # of Retailers Total Revenue Small 28 $5,600,000 Medium 20 $10,000,000 Large 7 $6,300,000 $21,900
Slide 13: Recent Milestones
Recent Milestones ¢ In various stages of implementation with 16 retailers ¢ In March/April began the full scale deployment of 4 retailers totaling 2,900 locations (range from 300 to 1500 locations) « May deployment of retailer with 1,300 locations * Signed a new bank for use in call center for their
Slide 14: Financial Overview
Financial Overview f 114 Vf INTELLICHECK
Slide 15: Financial Highlights
Financial Highlights — $861,000 in SaaS revenue in Q1 ‘19 (45% increase YoY) SaaS Revenue Growth = Approximately $3.0 million in trailing 12 month annual SaaS revenue through Q1‘19 = SaaS driven product mix resulted in 85.0% Q1 gross margin = Cash: $3.8 Balance Sheet ashe 2-8 milion (as of March 31,
Slide 16: Q1 2019 Summary Operating Results
Qi 2019 Summary Operating Results % Change Description Q1 2018 2019vs 2018 Revenue $ 4,278,994 4,062,062 Operating Expenses $ 2,305,707 $ 2,043,420 262,287 13% Adjusted EBITDA. $ (787,161) $ (961,969) 174,808 18% SaaS $ 861,000 $ 595,000 266,000 45% Margin 85.0% 90.5% (6%) Intellicheck, Inc. | 16
Slide 17: Adjusted EBITDA Reconciliation
Adjusted EBITDA Reconciliation Areconciliation of GAAP net loss to Non-GAAP Adjusted EBITDA follows: (Unaudited) Three Months Ended March 31, 2019 2018 Net loss $ (1,212,991) $ (1,067,957) Reconciling items Interest and other income (6.019) (13,870) Depreciation and amortization 62,110 59,150 Stock-
Slide 18: Contact Information
INTELLICHECK Contact Information Bryan Lewis 516-453-6647 blewis@intellicheck.com Bill White 516.992.1985 bwhite@intellicheck.com Gar Jackson Global IR Group 949.873.2789 gar@globalirgroup.com