Intelligent Protection Management Corp. · NASDAQ:IPM
Intelligent Protection Management — PeerStream — Investor Presentation (March 2018)
29 slides from Intelligent Protection Management's investor presentation, March 2018
Slide 1: Investor Presentation
INVESTOR PRESENTATION March 2018 PeerStream, Inc. | Ticker: PEER
Slide 2: Safe Harbor
Safe Harbor This presentation is for discussion purposes only. Certain material is based upon third party information that we consider reliable, but we do not represent that it is accurate or complete, and it should not be relied upon as such. Certain statements in this presentation constitute “forw
Slide 3: PeerStream Company Overview
FORMERLY PeerStream Company Overview Innovative decentralized technologies that power multimedia social apps and enable business communications solutions worldwide TECHNOLOGY Billions of video and text PLATFORM communications sent POWERED BY BLOCKCHAIN 3 apps 3 with > 100 MM users each since incepti
Slide 4: Market Profile
Market Profile OTCQB Ticker PEER Closing Price 1 $6.00 52-Week Range2: $1.50-$8.31 Shares Outstanding3: 6.9mm Shares in Public Float: 2.3mm Market Cap: $41.4mm Enterprise Value: $34.7mm 2017 Revenues $24.8mm Total Cash 12/31/17 $4.1mm Total Debt $0 1Closing price on 3/23/18 2Data provided by Yahoo F
Slide 5: Investment Highlights
Investment Highlights EXPLOSIVE MARKET GROWTH BUSINESS SOLUTIONS OFFERING FIRST PUBLIC BLOCKCHAIN POTENTIAL DRIVEN BY SYNERGY OF EXPECTED TO DRAMATICALLY INVESTMENT IN MULTIMEDIA VIDEO AND BLOCKCHAIN EXPAND ADDRESSABLE MARKET COMMUNICATIONS Integration of transformational blockchain technology Now o
Slide 6: Executive Leadership
Executive Leadership PeerStream has seasoned leadership with diverse and complementary expertise Jason Katz Alex Harrington Judy Krandel Chairman, CEO CFO President + COO • Founder of A.V.M. Software • Joined PeerStream in 2014 and has • Prior board member of Snap also served as interim CFO Interact
Slide 7: Blockchain can support multimedia networks
Blockchain can support multimedia networks Blockchain can help form a global peer-to-peer network that can be used to deliver media CRYPTO TOKENS BLOCKCHAIN TECHNOLOGY CROWD- CONSENSUS ALGORITHM GLOBAL SOURCED COMPUTING P2P BANDWIDTH NETWORK MEDIATES PAYMENTS 7
Slide 8: We are building PSP to address this opportunity
We are building PSP to address this opportunity PeerStream Protocol (“PSP”) is expected to harness the scalability, security and cost efficiency of P2P multimedia content delivery for the benefit of third party developers APPS THAT GENERATE LIVE MULTIMEDIA CONTENT CONSUMER APPS B2B APPS social netwo
Slide 9: Technology platform supports two lines of business
Technology platform supports two lines of business MULTIMEDIA CONTENT DELIVERY Legacy distributed + PSP TECHNOLOGY PLATFORM Apps POWERED BY BLOCKCHAIN CONSUMER BUSINESS APPS SOLUTIONS 9
Slide 10: Consumer apps business: social video apps
Consumer apps business: social video apps One of the world’s largest live video chat communities enabling users to connect and communicate across multiple devices, offering: A PLATFORM FOR CONNECTION TO FREE EXPRESSION FAMILY/FRIENDS 24/7 SHARED ENTERTAINMENT COMMON INTERESTS US-focused, worldwide A
Slide 11: Consumer apps: natively blockchain video app
Consumer apps: natively blockchain video app Even secure messaging apps use central servers which can result in security breaches and privacy lapses. Backchannel aims to be a secure, private video messaging app powered by blockchain Messaging Apps Market Scale* No personally identifiable information
Slide 12: Business solutions: the digital video opportunity
Business solutions: the digital video opportunity Cheap bandwidth and better mobile hardware has made video a killer app in web 3.0, and app developers are incorporating video more than ever before August 2017 12
Slide 13: Business solutions: the blockchain opportunity
Business solutions: the blockchain opportunity Global demand for blockchain fueled by: demand for distributed ledger technology The global blockchain transparency market size is expected to grow from $411 MM faster transactions in 2017 to $7.7 B by reduced total cost of ownership 2022, at a compound
Slide 14: Business solutions: multimedia delivery services
Business solutions: multimedia delivery services PeerStream Business Solutions offer a range of services related to real-time media deliver and communications for corporate clients, leveraging our blockchain technology and platform PeerStream plans to draw upon its technology platform and assets to
Slide 15: Business solutions: case study
Business solutions: case study ProximaX has agreed to use PeerStream Protocol (PSP) for multimedia streaming and messaging THE ENGAGEMENT • PeerStream to supply multimedia streaming and communication solution THE PROJECT • Licensing and integration of PSP into ProximaX • Next generation blockchain p
Slide 16: Blockchain partnerships / investment opportunities
Blockchain partnerships / investment opportunities Areas of Potential Partnership/Investment SNAP’s Advantages Social & Video Consumer Apps Infrastructure: • Digital Operators at Scale • Content Delivery • First Customers / Beta Testers for new Blockchain • Digital Security Tech • Storage • Joint De
Slide 17: Blockchain advisory board
Blockchain advisory board Advisors with impressive credentials broaden our network of opportunities Mike Jones • Active angel investor with more than $2.5B in exits • CEO of Science, Inc. • Recent exits include: Dollar Shave Club, Famebit, DogVacay and HelloSociety • Previous CEO of MySpace, Userpla
Slide 18: Multiple potential revenue streams
Multiple potential revenue streams CONSUMER BUSINESS APPS SOLUTIONS USER MONETIZATION TODAY FUTURE POTENTIAL REVENUE STREAMS Subscriptions • Freemium model with subscriptions that expand access and unlock status Licensing Advertising Revenue • Driven by ad networks and direct-to-advertiser relations
Slide 19: Financial highlights
Financial highlights • FY2017 revenues of $24.8MM, an 18.4% increase vs. FY2016, driven primarily by the completion of the AVM Merger; • Net loss was approximately $5.7MM for FY2017, including $815 thousand of one-time expenses*; • Adjusted EBITDA was approximately $(1.9)MM for FY2017, including $81
Slide 20: Revenues
Revenues Revenue growth driven by the addition of pre-merger PeerStream YTD Revenue ($ in 000s) $32,000 18.4% $24,000 total revenue $16,000 12/31/17 growth1 $8,000 22.8% $0 YE 2016 YE 2017 subscription Subscription Revenue Advertising Revenue revenue growth YE 2016 YE 2017 Subscription Revenue $ 18,
Slide 21: Adjusted EBITDA
Adjusted EBITDA 2017 Adj. EBITDA was ($1,116) thousand, which excludes one-time expenses of $815 thousand Adjusted EBITDA Adjusted EBITDA excluding one- ($ in 000s) time expenses* ($ in 000s) $500 $1,350 $12 $0 $900 $1,117 ($500) $450 ($1,000) $0 ($1,500) ($450) $(1,931) ($2,000) ($900) $(1,116) ($2
Slide 22: Cash Flows
Cash Flows • Net cash flow for the year ended December 31, 2017 improved to ($26) thousand from ($2,514) thousand for the year ended December 31, 2016 • Cash and cash equivalents of approximately $4.1 million at December 31, 2017; $0 debt Net Cash Flow Cash Flow From Operations ($ in 000s) ($ in 000
Slide 23: Valuation analysis
Valuation analysis • PeerStream has a modest enterprise value as compared to average of other blockchain companies • PeerStream trades at an EV/Sales discount as BLOCKCHAIN compared to the average of its peers TICKER ENTERPRISE PRICE MARKET CAP EV TTM SALES EV/TTM SALES HIVE:CN Hive Blockchain Techs
Slide 24: Key takeaways
Key takeaways EXPLOSIVE MARKET GROWTH BUSINESS SOLUTIONS OFFERING FIRST PUBLIC BLOCKCHAIN POTENTIAL DRIVEN BY SYNERGY OF EXPECTED TO DRAMATICALLY INVESTMENT IN MULTIMEDIA VIDEO AND BLOCKCHAIN EXPAND ADDRESSABLE MARKET COMMUNICATIONS 24
Slide 25: Non-GAAP reconciliation: adjusted EBITDA
Non-GAAP reconciliation: adjusted EBITDA Non-GAAP Financial Measures Adjusted EBITDA is defined as net income (loss) adjusted to exclude interest expense, net, income tax (benefit), depreciation and amortization expense, loss on disposal of property and equipment, other income, net and stock-based c
Slide 26: Appendix
Appendix 26
Slide 27: Snap Interactive is now PeerStream
Snap Interactive is now PeerStream INVESTMENT IN NEW STRATEGIC LEGACY NEW OPPORTUNITY DIRECTION • Consumer social video • Enhanced technology • Multimedia streaming and apps for meeting new platform for multimedia communications tech people delivery platform, fortified with blockchain • Innovative t
Slide 28: What is blockchain?
What is blockchain? Blockchain is a global, online ledger, or network of ledgers, listing every single transaction in the world. It's verified immediately by other people using the system. The block is broadcast to a P2P A verified Using known network of transaction may algorithms, those in the A tr
Slide 29: Why is blockchain so revolutionary?
Why is blockchain so revolutionary? Blockchain is capable of recording and enabling transactions in virtually every area of value and importance to humankind “Blockchain is the distributed trust network the internet always needed and never had” – Marc Andreesen 29