Zedcor Inc · TSXV:ZDC
Zedcor — Small Cap Discoveries Conference (September 2023)
19 slides from Zedcor's conference presentation, September 2023
Slide 1: Corporate Presentation
Corporate Presentation September 2023 Small Cap Discoveries Conference
Slide 2: Disclaimer & Forward-Looking Statements
DISCLAIMER & FORWARD-LOOKING STATEMENTS Certain statements and information in this presentation constitute forward-looking statements or forward-looking information relating to Zedcor Inc. (the “Company”) which are based upon the Company’s current internal expectations, estimates, projections, assum
Slide 3: Who We Are, Why We Do It, Where We Came From
WHO WE ARE WHY WE DO IT A group of people dedicated to great customer To improve the security and safety of communities we service, we apply technology in novel ways to make operate in. it accessible for customers and reduce their costs. WHERE WE CAME FROM Made Globe & Purchased 130 Awarded Trans Ma
Slide 4: Value Proposition
VALUE PROPOSITION MOBILE AND MOBILEYEZ TEMPORARY TEMPORARY 24/7 LIVE SOLUTIONS SOLUTIONS MONITORING INITIAL INITIAL SECURITY SECURITY AND AND/OR AND 24/7 LIVE TECHNOLOGY TECHNOLOGY MONITORING ASSESSMENT ASSESSMENT SECURITY PERSONNEL FIXED FIXEDOR OR SOLUTIONS PERMANENT PERMANENT SOLUTIONS SOLUTIONS
Slide 5: Zedcor Differentiators
ZEDCOR DIFFERENTIATORS ✅ 24/7, live, video monitoring with local, qualified security personnel supervised by ex-law enforcement ✅ Centralized surveillance centers allow for cost effective solutions for 24/7 monitoring ✅ Rental equipment that is upgraded by Zedcor to meet latest technology advancemen
Slide 6: Types of MobileyeZ
TYPES OF MOBILEYEZ BENEFITS Standalone unit with a lithium battery pack to power the unit; battery is Solar Hybrid MobileyeZ charged through solar panels with diesel backup when solar is unavailable thereby reducing emissions and operating costs Zero emission security tower which can plug into any o
Slide 7: Technology & Camera Capabilities
TECHNOLOGY & CAMERA CAPABILITIES • Largest fleet of mobile security towers in Canada allowing us to provide security for large/ complex needs at a lower cost than competitors • Current fleet of 700+ electric, diesel, solar and hybrid MobileyeZ security towers for security on temporary sites lacking
Slide 8: USA Expansion
USA EXPANSION • Planned 2 phase approach • Phase 1 (2023) • Establish operations, import security towers from Canada and assemble Solar MobileyeZ • Setup assembly operations in order to increase production, control R&D and supply chain bottlenecks for MobileyeZ and reduce capital costs by 15% - 20%
Slide 9: Geographical Footprint
GEOGRAPHICAL FOOTPRINT Calgary Head Office & Surveillance Centre Live security video from across Canada is streamed 24 hours a day, 7 days a week and monitored by trained professionals Lower Mainland Branch Equipment and servicing center Edmonton Branch Equipment and servicing center Winnipeg Branch
Slide 10: Financial Information
Financial Information 10
Slide 11: Total Addressable Market
TOTAL ADDRESSABLE MARKET 14,000 Number of Serviceable Sites by Region • Zedcor’s integrated Video Surveillance as a Service (“VSaaS”) offering is geography, 12,000 industry and customer agnostic; North America is the largest market size with the 10,000 fastest expected growth rate as it has aging ca
Slide 12: 2023 Year to Date Operational and Financial Highlights
2023 YEAR TO DATE OPERATIONAL AND FINANCIAL HIGHLIGHTS ✅ 1H 2023 revenue of over $12.6MM and Adjusted EBITDA of $4.0MM. Revenue increased 28% and EBITDA increased 29% when compared to 1H 2022. ✅ Positive net income and $0.04 earnings per share before income taxes for 1H 2023. ✅ Successfully deployed
Slide 13: MobileyeZ Fleet Expansion
MOBILEYEZ FLEET EXPANSION • Proprietary Zedcor technology; able to expand application Planned MobileyeZ Security Tower Fleet Size through use of sensors (vibration, heat, moisture, facial 4000 recognition) -> increased rental rates and utilization 3500 • Experiencing high demand and utilization -> 8
Slide 14: Revenue Streams
REVENUE STREAMS Revenue Growth 2018 - 2023 30,000 • 3 primary revenues streams related to security business: 25,000 Security equipment rentals and service driven by MobileyeZ security towers 20,000 Recurring revenue related to fixed site monitoring contracts 15,000 Security guard revenue 10,000 5,00
Slide 15: Revenue and EBITDA Growth
REVENUE AND EBITDA GROWTH 2000 40,000 • Aggressively growing across Canada; 8-10 1800 35,000 branches by the end of 2026; 6 currently in 1600 30,000 major markets Revenue & EBITDA ($) 1400 # of MobileyeZ 1200 25,000 • Expanded to USA; minimum 8-10 branches by 1000 20,000 end of 2026 800 15,000 • Inc
Slide 16: Valuation
VALUATION ($000’S) June 30, DECEMBER 31, DECEMBER 31, • Currently valued below security group peers 2023 2022 2021 which are trading at 8-12x EV/EBITDA MARKET CAP $42,128 $43,745 $23,903 multiples**. TOTAL DEBT $18,017 $13,729 $11,063 • Stronger margins and ROIC when compared to security group due t
Slide 17: Capitalization
CAPITALIZATION June 30, DECEMBER 31, DECEMBER 31, ($000’S) 2023 2022 2021 LONG TERM DEBT $14,827 $10,547 $7,948 SUBORDINATED SHAREHOLDER LOAN $3,216 $3,182 $3,115 ZEDCOR SHARE PRICE HAS DELEVERAGED BALANCE OUTPERFORMED S&P/TSX SHEET - ~1.4X SENIOR DEBT PREFERRED SHARES - - $2,864 VENTURE COMPOSITE I
Slide 18: Management Team
MANAGEMENT TEAM Todd Ziniuk, President & CEO Mr. Ziniuk was a co-founder of Zedcor Oilfield Rentals and was appointed President and CEO of Zedcor in 2018. He has over 15 years of leadership, industrial rentals and logistics experience. He was instrumental in helping Zedcor transform from an oilfield
Slide 19: Board of Directors
BOARD OF DIRECTORS Wade Felesky, Chairman Mr. Felesky is currently the President of New Stratus Energy, an international oil and gas company. He was previously the Head of Oil & Gas Investment Banking at Laurentian Bank and before that, Co-Head of Energy Investment Banking at GMP Securities L.P. Mr.
Zedcor — Small Cap Discoveries Conference (September 2023) on 6ix