ÅRSSTÄMMA 2017

IMINT INTELLIGENCE AB8 maj

Andreas Lifvendahl, VD

Co

mp

lexi

ty

Time

Development Start-up Growth Expansion Maturity

Where we are

▪ Strategy taking off▪ Competitive base offering▪ Customer wins & healthy pipeline▪ 4 quarters of sales and growth▪ Critical level of competence▪ Solid road map

Retro perspective – a lot in 15 months

Dec 2015IPO at

Aktietorget

April 2016Office in

China

May 2016Dev

contractwith

Huawei

June 2016License

agreementwith BQ

Oct 20163 yr licenseagreement

with Huawei

Jan 2017First smart-

phone, Mate 9 (Huawei)

Jan 2017Dev

contractwith

Samsung

Feb 2017License

agreement withWiko and first

smartphone withLive Auto Zoom

April 20173 yr licenseagreementwith Sharp

16 employees

27 employees

▪ 2,3 MSEK in Sales

▪ 2 customers, BQ and Huawei

▪ 2 new members in executive team

▪ Established office in China with 2 employees

▪ Rights issue in October

▪ Video Stabilization well received by clients

▪ Live Auto Zoom getting ready for integration

▪ Auto Curate in development phase

▪ Organization growing step by step

Highlights 2016

▪ Net Sales of 2,0 MSEK (0,0 in 2016)

▪ Healthy cash position of 48,8 MSEK (20,9)

▪ Samsung, Wiko and Sharp so far in 2017

▪ Video Stabilization among best in class

▪ Live Auto Zoom being integrated at Wiko

▪ New Marketing Director starting in May

▪ Move to new office in Uppsala end of summer

Highlights Q1 2017

Business Update 1/2▪ Samsung

– Development agreement in 3 phases (0,8 MSEK)

– Phase 1 concluded and successful

– Project currently halted

▪ Huawei

– Building a solid relationship

– Has helped our reputation

– Continued strong focus on confidentiality clause

▪ BQ

– 2 new models with Vidhance Video Stabilization launched later in Q2, Aquarius X and Aquarius X pro.

Business Update 2/2

▪ Wiko

– Two new models, WiM and WiM lite released at MWC Barcelona

– Includes Video Stabilization and Live Auto Zoom. Currently being integrated in Wikosplatform.

– Launch planned Q2-Q3

▪ Sharp

– 3-year License and Support Agreement on Video Stabilization

– First customer in Japan (with Foxconn-parent)

– The agreement does not cover other features

Product update

▪ Video Stabilization

– Mature, stable and very competitive

▪ Live Auto Zoom

– Being integrated in the first product

▪ Auto Curate

– Development phase

▪ New areas

– Exploring

Customer overview – rapid changes

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q1

'10

Q2

'10

Q3

'10

Q4

'10

Q1

'11

Q2

'11

Q3

'11

Q4

'11

Q1

'12

Q2

'12

Q3

'12

Q4

'12

Q1

'13

Q2

'13

Q3

'13

Q4

'13

Q1

'14

Q2

'14

Q3

'14

Q4

'14

Q1

'15

Q2

'15

Q3

'15

Q4

'15

Q1

'16

Q2

'16

Q3

'16

Q4

'16

Others Nokia HTC RIM Sony Xiaomi vivo OPPO Huawei ZTE Lenovo LG Apple Samsung

1

3

2

4

5

Source: statista.com

▪ Direct sales approach towards smartphone providers

▪ Pricing based on royalty fee per unit

– Will vary based on volume, model and Vidhance function

– Invoicing based on royalty report from customer

▪ Also license fees, integration services and support contracts

Business model

EvaluationDevelopment agreement

License agreement

• Product launches with Vidhance included

• Royalties

Customization & integration

Product launches

• Customization and integration of Vidhance into customer’s device(s)

• Decision from customer to use Imint’s solutions in its device(s)

• Decision to initiate joint project

• Additional testing and development

• Qualifying software• Evaluations of several vendors

Financial Performance Q1 2015-2017

Net Sales EBIT Gross Cash

Solid growth, improved bottom line and healthy cash position

All figures in MSEK

0,0

0,5

1,0

1,5

2,0

2,5

Q1 15 Q1 16 Q1 17 -3,0

-2,5

-2,0

-1,5

-1,0

-0,5

0,0

Q1 15 Q1 16 Q1 17

0,0

10,0

20,0

30,0

40,0

50,0

60,0

Q1 15 Q1 16 Q1 17

Key Ratios Overview

Key Ratios (TSEK) Q1 17 Q1 16 2016

Net Sales 1 990 0 2 327

Capitalized Development 4 004 2 055 11 673

Operating Expenses -8 351 -4 666 -22 058

EBIT -2 339 -2 612 -8 092

Cash flow -4 099 110 32 154

Equity Ratio 89% 83% 92%

Number of employees (end of period) 27 17 25

Earnings per share, kr -0,26 -0,33 -0,99

Net Sales Q1 2015-2017MSEK

Significant YoY growth. Sequential growth of 14%

0,0

0,5

1,0

1,5

2,0

2,5

Q1 15 Q2 15 Q3 15 Q4 15 Q1 16 Q2 16 Q3 16 Q4 16 Q1 17

Headcount Development 2014-2017

0

5

10

15

20

25

30

Dec 2014 Dec 2015 Dec 2016 Mar 2017

Development Sales & Marketing Management & Oth

Number of full timeemployees (includingconsultants)

Key Takeaways

1. Customer wins proves our product portfolio is competitive

2. Smartphone market huge and highly competitive – camera important differentiator

3. Focus on smartphone providers, may enter new segments mid- to long term

4. Growing organization and increasing competence step by step

5. Solid finish of 2016 – in line with IPO plan and good start of 2017

Commercial Break

1. Vidhance Overview

2. Vidhance Video Stabilization

Q&A