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Annual Report Presentation Michael Ivanchenko, CEO 6 September 2021 | AUTHORISED BY CV1 DISCLOSURE COMMITTEE ASX : CV1

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Page 1: AnnualReport Presentation

Annual ReportPresentationMichael Ivanchenko, CEO

6 September 2021 | AUTHORISED BY CV1 DISCLOSURE COMMITTEEASX : CV1

Page 2: AnnualReport Presentation

C V 1 G R O U P | P G 2

This presentation has been prepared by CV Check Ltd (‘CVCheck’).The information in this presentation is of a general nature and doesnot purport to be complete, nor does it contain all the informationwhich would be required in a prospectus prepared in accordancewith the requirements of the Corporations Act. This presentation maycontain statements, opinions, projections, forecasts and othermaterial (forward looking statements), based on various assumptions.Those assumptions may or may not prove to be correct. None ofCVCheck, its respective officers, employees, agents, advisers or anyother person named in this presentation makes any representationas to the accuracy or likelihood of fulfilment of any forward lookingstatements or any of the assumptions upon which they are based.

The information contained in this presentation does not takeinto account the investment objectives, financial situation orparticular needs of any recipient and is not financial product

advice. Before making an investment decision, recipients of thispresentation should consider their own needs and situation and,if necessary, seek independent, professional advice.

To the extent permitted by law, CVCheck and its respective officers,employees, agents and advisers give no warranty, representation orguarantee as to the accuracy, completeness or reliability of theinformation contained in this presentation. Further, none ofCVCheck and its respective officers, employees, agents and advisersaccept, to the extent permitted by law, responsibility for any loss,claim, damages, costs or expenses arising out of, or in connectionwith, the information contained in this presentation. Any recipient ofthis presentation should independently satisfy themselves as to theaccuracy of all information contained herein.

D ISCL AIMER

Page 3: AnnualReport Presentation

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FY21 HEADLINE RESULTS

$17.5M Revenue (up 41% on FY20)

$13.3M Booked ARR 12 months to 30 June 21 (CVCheck division)

59% Gross margin

$1.0M Net Cash Inflow from operating Activities

$12.9M Cash as at 30 June 21

Page 4: AnnualReport Presentation

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* booked revenue over each 12-month period

HIGH QUALITY REVENUE GROWTH

SUSTAINED ARR GROW TH *

456789

1011121314

FY17 FY18 FY19 FY20 FY21

CV1 Booked ARR (CVCheck Division)

ARR CVCheck division only

9.7M 9.7M 9.7M 9.8M 9.8M10.0M

10.2M 10.3M10.6M

11.1M

11.7M

12.6M

13.3M

8.0M

9.0M

10.0M

11.0M

12.0M

13.0M

14.0M

CV1 Booked ARR by month (CVCheck division)

FY21 ARR (by month) CVCheck division

Page 5: AnnualReport Presentation

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• Cash positive from operating activities for FY21• CV1 has no external financing debt

* Operating and investing cash (excludes capital raisings)

CASH FLOWFY17 to FY21 *

C V 1 G R O U P | P G 5

-4M

-3M

-2M

-1M

0M

1M

FY17 FY18 FY19 FY20 FY21

Net cash flows from / (used in) in operating activities

Page 6: AnnualReport Presentation

C V 1 G R O U P | P G 6

GO TO MARKET

• Direct organic: provision of people data, verified at source.

• Direct B2B sales and marketing.

• Direct B2C arising via brand traffic from the above.

Pre-employment Screening Value through the employment lifecycle

• Managing compliance, tracking and reporting throughout employee lifecycle.

• Ongoing service provision directly extends SaaS revenue opportunity.

Expanding the Bus iness Reach

B2B shift proven, generating significant ARR and higher quality revenue. Extension from pre-employment to full employment lifecycle provides further opportunity for

recurring revenue.

Page 7: AnnualReport Presentation

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SOME OF OUR CL IENTS

Page 8: AnnualReport Presentation

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STRONGLY POSITIONED ENTERING FY22

HR technology, people screening, and

verification continues with the addition of human capital and

work site management and compliance

Integration of BPT and CVCheck well advanced

enabling continuing growth and development alongside new recurring revenue opportunities

Commercialised technology stack, strong diverse customer base

with potential to introduce new products

and features.

Strong balance sheet underpinning stability and enabling further

investment in technology, innovation

and product development

C V 1 G R O U P | P G 8

Page 9: AnnualReport Presentation

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CORPORATEPROFILE

$11.9MCash at 1 September 21

No external finance debt, strong balance sheet

429M* Shares on issue+25.35M options

$73M* Market cap

$0.17* Share price

* As at 1 September 2021

Page 10: AnnualReport Presentation

C V 1 G R O U P | P G 1 0

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0408 712 795

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