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1Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Investor Presentation
March 2017
2Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Safe Harbor Statement
This presentation contains statements which, to the extent that they are not recitations of historical fact, may constitute forward-looking information under applicable Canadian securities legislation that involve risks and uncertainties. Such forward-looking statements or information may include financial and other projections as well as statements regarding the Company's future plans, objectives, performance, revenues, growth, profits, operating expenses or the Company's underlying assumptions.
Actual results, performance, or developments could differ materially from those expressed or implied by the forward looking statements contained in this presentation as a result of known and unknown risks, uncertainties, and other factors including those identified in the Company's reports filed on SEDAR, including its Annual Information Form and financial report for the year ended December 31, 2014. This list is not exhaustive of the factors that may affect the Company’s forward-looking information.
These and other factors should be considered carefully and readers should not place undue reliance on such forward-looking information. All forward-looking statements made in this presentation are qualified by this cautionary statement and there can be no assurance that actual results or developments anticipated by the Company will be realized. The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events or otherwise, except as required by law.
3Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Intrinsyc
IoT Product Development
Internet of Things Smart Cities Drones/Robotics Wearables
Retail/Digital
Signage In-Flight Entertainment Automotive Health & Fitness
Home
Automation Military/SecurityConnected Cameras Augmented/Virtual
Reality
Multiple High
Growth Market
Opportunities
Leveraging Qualcomm
Relationship and Power of
Snapdragon Mobile Technology
4Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Snapdragon Based Products
Open- QTM 805 Open-QTM 820
Development Kits & Reference Designs
Production – Ready Compute Engines
Open-QTM 410 Snapdragon Flight Body Camera
Reference DesignSnapdragon
Automotive
Open-QTM 410 SOM Open-QTM 820 SOM Open- QTM 800 SOM Open- QTM 600 SBC Open-QTM 805 SOM
5Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Intrinsyc Competitive Landscape
Embedded & Internet of
Things
Phones
Tablets &
Consumer Products
Millions of
Units
100K+
Tens of
Thousands
of Units
Breadth of Market
U
n
i
t
s
S
h
i
p
p
e
d 2 Small Competitors
Why We Win?
• Below Radar of Larger Asia
Based ODMs
• Complete Capabilities
• Expertise/Experience
• Production-ready Computing
• Proximity to N.A. OEMs
• IP Protection
Qualcomm Licensed Manufacturers
6Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Client Revenue Model
Revenue
Gross Margin
Development Hardware $10K - $100K
18% - 22%
Revenue
Gross Margin X 30% – 50%
$10K - $1.5M
= $5K – $500KGross Profit
Revenue per Unit $50 - $300
Gross Margin x 8% - 25%
$10 - $50= $2K - $20KGross Profit Gross Profit Per Unit
Royalty per Unit $0 - $10
100 – 50K units sold
per year over 1- 7
years
Non-Recurring Engineering Repeat Production Hardware
Recurring Royalty
Development Kits
7Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Path to Recurring Revenue
Prospect
• DragonBoard Evaluation –Development Kit Sales
Design-Win
• Product Development Phase – NRE Fees
Pilot Production
• Prototypes and Marketing Unit Sales
Commercial Release
• Volume Computing Module Sales or Design Royalties
1-24
Months
6 -12
Months
1- 12
Months1- 7
Years
Prospect/Qualify/Bid Design Win/Development Production
60+ Opportunities 30+ in Development 8 in Production
Pipeline data as of Oct 2016
8Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Strong Annual Revenue and EBITDA Growth
*FY13 and FY14 Revenue Excludes $0.1M and $1.8M Distribution of Discontinued 3rd Party Product Revenue.
**FY13 includes approx. $1.9M of non-core business related expenses inclusive of professional fees.
45% Compound Revenue Growth since FY13 with positive adjusted EBITDA / NI
-22%42%
49%
9Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Financial Information (as of 12/31/2016 )
Listed on TSX (T.ICS) (ISYRF)
Shares outstanding: 21.1 million
Management/Director Share Ownership: 11.8%
Strong Financial Position – No Debt$ Cash: US$7.6M (CDN$10.1M)
$ Working Capital: US$11.7M (CDN$15.6M)
$ Aggregate tax shield: US$29.7M (CDN$39.6M)
One Year Chart
10Intrinsyc Proprietary & Confidential. © 2017 Intrinsyc Technologies Incorporated. All rights reserved.
Intrinsyc Summary – A Compelling Investment
Focused on High Growth IoT Market Opportunities
Leveraging Qualcomm Partnership and Market Leading Technology
Delivering Excellent Revenue Growth, with Repeat Revenue Model
Expanding and Maturing Client Base to Drive Further Growth
Strong Balance SheetBUILD
DEVELOP
DESIGN