Avante Corp · TSXV:XX
Avante — Investor Presentation (July 2024)
22 slides from Avante's investor presentation, July 2024
Slide 1: Investor Presentation July 2024
Investor Presentation July 2024 www.avantecorp.ca TSXV: XX
Slide 2: Disclaimer
DISCLAIMER This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward- looking statement
Slide 3: Meet the Corporate Team
Meet the Corporate Team CEO since March 30, 2022 Previously stepped down from his role as Co-CEO of Avante in 2015 Emmanuel Founded Avante Security Inc., which became publicly traded in 2008 Mounouchos Formed Matiadeka Ventures Inc., a capital pool company that acquired Avante Security Inc. in 2008
Slide 4: Successful Turnaround
Successful Turnaround Debt paid off and the Company is now growing revenues, generating positive cashflow and in a strong financial position Over the past year, the Company has improved financial efficiency through various measures such as reducing overheads, reducing headcount, negotiating better r
Slide 5: Overview
Overview Diversified security platform specializes in providing security services to Company Snapshot high value commercial and high net worth residential markets Head Office: Toronto, ON Leverages advanced technology solutions to provide superior security services Founded: 1996 # of Employees: 157
Slide 6: Avante Corp.
AVANTE CORP. Advanced Security – Globally Enabled – Beyond Expectations Protective Services Rapid Alarm Response Monitoring & Managed Services Electronic Security Our mission is to deliver an elevated level of security globally, similarly to our local services. Servicing the unachievable and the uns
Slide 7: Problems with the Security Industry
Problems with the Security Industry Avante Corp. For over 25 years, we have been managing risk and providing security solutions for: Usually only one service provided by each company ✓high net-worth homes No sophistication – physical security tends to be uniformed ✓high profile individuals guards wi
Slide 8: You see a streetscape. We see infinite potential.
You see a streetscape. We see infinite potential. • Enterprise Management Corporate Rapid six minute Response & Solutions Patrols • Holistic Security Vision and Employee Background Screenings Implementations Corporate Investigations • Collaboration with Intelligence - High security locks Dark Art In
Slide 9: Our Clients
Our Clients TSXV: TSXV: XX XX 9
Slide 10: NSSG Acquisition
NSSG Acquisition NSSG is a global risk and crisis management company executing strategic advisory and bespoke implementation solutions for international businesses operating in challenging security environments and complex jurisdictions Revenue - $5.9 M NSSG Financials (2022) Net Profit - $1.3 M Syn
Slide 11: NSSG Clients
NSSG Clients TSXV: TSXV: XX XX 11
Slide 12: Vision and Strategy
Vision and Strategy ✓ Replicate our services in various High Net- ✓ Expanding Avante Black – More than Worth Communities across North America Investigations Differentiated by Proprietary signaling via Smartboxx, Exclusive Risk Mitigation on an unprecedented level Halo Video Analytics to enable rapid
Slide 13: Technology Differentiation
Technology Differentiation Proprietary intellectual device simultaneously transmits alarm signals to multiple locations, including and most importantly to the Avante Control Center Enables quick on-site response Smartboxx – provides integration to devices for real-time notifications of critical even
Slide 14: Financial Performance
Financial Performance TTM Revenue ($M) TTM Adjusted EBITDA $24.0 23.1 $3.0 $23.0 $2.5 $2.0 $2.0 $22.0 21.2 $1.5 $1.2 $1.0 $1.0 Millions ($M) 20.8 $0.9 $0.9 $0.8 MIllions ($M) $21.0 $1.0 20.0 $0.5 $20.0 19.5 $0.0 -$0.5 -$0.0 $19.0 -$1.0 -$0.7 $18.0 -$1.5 $17.0 Dec-2022 Mar-2023 June-2023 Sept-2023 De
Slide 15: Quarterly Results – Q3 FY2024
Quarterly Results – Q3 FY2024 Quarterly Revenue Comparison 8,000 6,941 7,000 6,000 5,092 ✓ Revenue increased 36% in Q3-FY24, compared to Q3-FY23 5,000 4,000 ✓ Adjusted EBITDA of $0.4M in Q3-FY24, compared to Adjusted EBITDA of $0.2M in 3,000 Q2-FY23 2,000 ✓ Monthly recurring revenue increased by 10%
Slide 16: Predictable Business Model
Predictable Business Model High Percentage of Recurring Revenue $8.0 $7.0 ✓ 42% in contracted recurring revenue (Dec-2023) provides $6.0 strong visibility and predictability for future performance Millions ($M) $5.0 $4.0 ✓ We have annual contracts with our client and have a $3.0 98% client retention
Slide 17: Proven Acquisition Model
Proven Acquisition Model Avante has built a proven track record of executing acquisitions that deliver superior returns and drive value throughout the investment cycle INTO Electronics Inc. North Star Support Group High-Rise Security Experts Acquire Build Global Security Company Generate Cash Waterm
Slide 18: Share Price and Capitalization
Share Price and Capitalization Valuation Closing Price (as of Jun. 28, 2024) $0.69 C$ (M) Market Cap – Basic $ 18.38 Less Cash (Dec. 31, 2023) $ 5.73 Add Debt $ - EV $ 14.52 Capitalization Shares (M) Basic Common Shares (Dec. 31, 2023) 26.64 Options 1.47 Warrants - Fully Diluted Shares 28.11 Ownersh
Slide 19: Meet the Key Management Team
Meet the Key Management Team CEO & Founder NSSG ever since 2017 Previously stepped down from his role as Director of Special Operations for a large International private Alessandro security company Martello Former Special Forces Detachment Leader within the Italian Army FOUNDER and CEO of Member of
Slide 20: Board of Directors
Board of Directors Founded Avante Security Inc. in 1996 Emmanuel Mounouchos Manny stepped down from his role as Co-CEO of the Corporation in 2015 before rejoining the Corporation in 2018 as a BOARD CHAIR consultant and became CEO on March 30, 2022 Bruce Bronfman President of Mida Investments Ltd. DI
Slide 21: Investment Highlights
Investment Highlights ✓ Leader in North America for security solutions to Fortune 500 clientele ✓ Technology differentiation ✓ Organic growth with strategic global expansion ✓ Proven and scalable acquisition model ✓ Positive cash flow and strong balance sheet ✓ Undervalued share price ✓ Experienced
Slide 22: Innovative Security Solutions Beyond Expectations
Innovative Security Solutions Beyond Expectations Emmanuel Mounouchos CEO and Founder 416-923-6984 x. 200 [email protected] www.avantecorp.ca TSXV: XX 22