Making 3D printing accessible to the world. TSX.V: TTD FSE: WB6B OTC: TKSTF

Transcription

1 Making 3D printing accessible to the world. Fall 2015

2 Disclaimers All statements and figures made in this presentation and in any verbal statement provided in the course of delivering this presentation regarding the strategy, future operations, financial position, future revenues, projected costs, prospects, timelines, plans and objectives of management of Tinkerine Studios Ltd. ( Tinkerine ), are forward looking statements and may be forward looking information in accordance with applicable securities law s. Forward looking statements are identified but not limited to words such as believe, anticipate, estimate, expect, intend, plan, expect, project, may and will and the negative of such expressions, although not all forward looking statements contain these identifying words, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward looking statements. Forward-looking statements are based on certain assumptions and analysis made by Tinkerine in light of its experience and perception of historical trends, current conditions and expected future developments and other factors it believes are appropriate, and are subject to risks and uncertainties. The fact that Tinkerine has a short operating history may cast doubts on the accuracy of such assumptions and analysis. Given these risks, uncertainties and assumptions, prospective persons looks to make an investment in Tinkerine should not place undue reliance on these forward-looking statements. While such information is believed to be reliable for the purposes used herein, neither Tinkerine nor any of its respective directors, officers, principals, shareholders, employees, agents or affiliates assumes any responsibility for the accuracy of such information. Although Tinkerine believes that the expectations reflected in any forward looking statements made in this presentation and in any verbal statements provided in the course of delivering this presentation are reasonable, such statements are based on a number of assumptions which may prove to be incorrect, including, but not limited to assumptions relating to the risks and factors set out below. Important risks and factors that could cause actual results to differ materially from expectations, and should be considered in making any investment in Tinkerine are set out in the section below titled Risk Factors. Tinkerine undertakes no obligation to update or revise any forward looking statement. Risk Factors: An investment in Tinkerine involves a number of risks. These risks should be carefully considered before any investment is made. The following are some of the key risks and uncertainties but not all the key risks and uncertainties generally associated with our business. However, the risks described below are not the only ones that we face. Additional risks not currently known to us or that we currently deem immaterial may also impair our business operations. Tinkerine is an early-stage, accordingly: there is uncertainty regarding Tinkerine s ability to achieve, sustain or increase profitability; there is no assurance Tinkerine will be able to fund its operations with existing capital or indebtedness, or that it will be able to raise additional amounts to fund operations, including through the raising of further capital, the borrowing of additional amounts or otherwise; there is uncertainty regarding the future value, if any, of an investment in Tinkerine s securities. Tinkerine s business and operations are subject to various regulatory and legal risks including: difficulties and uncertainty regarding the results of government agencies or customers; the unpredictability of protection afforded by any patents or other intellectual and proprietary property, and the potential for claims for infringement of the intellectual property rights of others; uncertainty regarding the outcome of legal proceedings, including potential product liability in connection with any developed products or technologies or processes. Tinkerine is subject to a variety of business and operational risks and uncertainties including: the cost of any future acquisitions and the ability to integrate any acquired businesses; potential contractual disagreements and negotiations with third parties; the ability to obtain adequate insurance against potential risks; the ability to attract and retain management personnel; uncertainties associated with the timing, prospect and successful execution of the development, acquisition, distribution or commercialization of new products and existing products, of new customers or existing customers, of acceptance and demand for new products and existing products; the ability to obtain anything supplied by third parties on satisfactory terms; the ability to develop, and ongoing reliance on, key strategic alliances, and partnering arrangements; risks relating to the uncertainty of tax rate assumptions, currency exchange rate and interest rate fluctuations; risks with the ability to keep up with rapidly changing technology; risks associated with the ability to meet demand and manage growth, including the ability to potentially expand in Canada and the United States of America and into international markets; and fluctuating operating results. 2 2

3 About Tinkerine WHAT WE DO Design and manufacture user-friendly, award winning 3D printers and software Create educational, STEAM based (Science, Technology, Engineering, Art, Math) content and online training tools Manufacture our own line of high purity filament (3D printing material) 3

4 Corporate Snapshot STRUCTURE As at Aug 17, 2015 Issued and Outstanding 42.5 Million Warrants 13.1 Million Options 3.9 Million Fully Diluted 59.5 Million CAPITALIZATION As at Aug 17, 2015 Market Capitalization 4 Million Debt 0 MA JOR SHAREHOLDERS Management 36% Institutions 11% KEY DATA TSX.V TTD FSE WB6B OTC TKSTF CORPORATE Founded 2012 Called to trade April 2014 Concurrent Financing C$3.1 Million AWARD WINNING PRODUCTS Proudly designed & manufactured in Canada Biodegradable filament Educational content MANAGEMENT Strong sector specific management Key advisors from 3D sector Well seasoned independent board 4

5 Key Investment Drivers Inflection point timing: company moving from startup to rapidly expanding sales 3D printing sector projected to grow 18-30% per year over period 2015 to 2020 Ditto Pro 3D desktop printer selected for best overall performance and value (Make: Magazine 2015) and best 3D product (CES Asia 2015) Tinkerine U software and content delivery platform provides competitive advantage for the online training and EdTech markets Strong and experienced team (MakerBot, HP, Amazon, Shapeways, KPMG) 5

6 Desktop 3D Printing Fused Filament Fabrication (FFF) Works by laying down plastic material and building model upwards layer by layer The most common type of 3D printing (Tinkerine) in consumer space Uses thermal plastic (usually coiled on a spool) as consumable 6

7 copter

8 Photo credit: sinkhacks.com raptor

9 Who s Using Desktop 3D Printers? EARLY ADOPTERS Hobbyist Individuals that have found a specific niche that they can use 3D printer for (instruments, toys, figurines, etc). Maker/Hacker Individuals that are interested in the tech side of the DIY culture, regardless of educational background. PROSUMERS Artists/Designers Individuals who utilize 3D printing to create artworks or design prototypes. Education Institutions that want to incorporate the technology for educational purposes. Business SMEs / large companies that utilize the technology to design or prototype. 9

10 A Large, Growing Market Opportunity Multiple 3D printing is a $4 billion industry that is predicted to grow to $9-20 billion by sources (Wohlers, KPMG, Gartner, Smartech Markets Publishing) $86B Ed Tech $3.8B 3D Printing TARGETING 120,000 + K-12 schools (60m students) 4700 post secondary institutions (20m students) in North America. Strongly positioned in Asia one of the highest growth markets. HOW Tinkerine is providing a complete end-to-end solution for schools comprised of online training and education content. We are building out and supporting a world class dealer network. 10

11 Ditto Pro 3D Printer Ditto Pro 3D desktop printer selected for best overall performance and value. (MAKE Magazine, January 2015) Ditto Pro 3D won the Best 3D Printing Product. (International CES ASIA, June 2015) 11

12 Direct Comparison Quality Open C construction Rectangular construction Elegant aesthetics Boxy aesthetics 486 cu. in. build volume 456 cu. in. build volume Faster print speed up to 120mm/s Print speed up to 100mm/s Finer print resolution (50 microns) Print resolution (100 microns) 35% more affordable High price tag US$1,899 Small market cap relative to peers Company acquired by Stratasys for $403M US$2,899 The DittoPro takes up 43% less desktop space than our competitors and is the quietest printer in the market. 12

13 Tinkerine s Slicing Software Our slicing software that breaks down the digital 3D model (shapes) into individual layered coordinates to be delivered to the machine One button interaction 13

14 Premium 3D Printing Filament Biodegradable plastic Exceptional quality (no fillers) and consistency 16 unique colours

15 LEARN. DREAM. DO. Projects 3D printable STEAM projects with hands-on learning outcomes Lesson Plans COMMUNITY Developed by educators for educators to use inside classrooms Tutorials / Workshops Professional knowledge and tips about 3D printing & modelling CONTENT How monetization works Peer-to-peer marketplace Revenue share model Highly scalable MARKETPLACE Group workshops 15

16 LEARN. DREAM. DO. 3D printed projects for hands-on learning Ready-to-go content for teachers ios app for teachers and students Inside Tinkerine U, one of few existing educational initiatives aiming to bring 3D printing to classrooms and curriculum for kids worldwide. 3DP (August 2014) 16

17 Sample Customers 17

18 Select Dealers & Partners Canada USA Middle East Asia 18

19 Public Company Comparables (SEP 18, 2015) 3D PRINTING COMPANY TICKER EXCHANGE SHARE PRICE MARKET CAP ($MM) EV (MM) EV/TTM REVENUES EV/TTM EBITDA Stratasys SSYS NASDAQ $28.83 $1,500 $1, D Systems DDD NYSE $12.50 $1,400 $1, Arcam AMAVF QTC $16.20 $332 $ ExOne XONE NASDAQ $7.84 $114 $ N/A Materialise NV MTLS NASDAQ $8.60 $405 $ Voxeljet VJET NYSE $5.77 $107 $ N/A Graphene 3D Labs GGG TSXV C$0.66 C$29 C$34 N/A N/A Tinkerine Studios TTD TSXV C$0.08 C$3.5 C$ * N/A AVERAGE (Excluding all N/A) *Note: Tinkerine s revenue is Q annualized. 19

20 Achievements & Next Steps Q Tinkerine went public DittoPro launched Line of filament launched Q DittoPro wins MAKE award Tinkerine U launch: Academia lesson plan content Peer-to-peer marketplace STEAM based learning content Q Dealer rollout DittoPro wins best 3D printing product at CES Asia Q Key international dealer appointments Q Tinkerine U expansion Continued dealer appointments 2016 & Beyond Substantial production expansion Material increase in sales Obtain 3-5% market penetration in 3 years ($30-50 million sales opportunity) 20

21 Tinkerine Growth Chart Biz Ramp Up Commercialization R&D May 2012 Incorporation Accelerated Growth $100K Sales $350K Sales $100K Q1 $330K Q

22 Directors & Management Desmond Liew Director Chairman International Director of Operations and Development at Bing Han International. Leads 500 staff. Provided strong vision and direction making Bing Han a global leader. Founder and CEO of Taiwan Rare Earth Ltd. Ben Yan, B.Sc., MBA Channel Manager 35+ years of extensive management experience. Served with Fortune 50 companies including HP, Sun Microsystems, GT Group Telecom. Eugene Suyu, B.A. Director CEO & Co-founder Holds degree in Interactive Arts & Technology at SFU. Visionary and developer of Tinkerine products. UX and product designer. Winner of 30 under 30. Co-founder of 3D604. Liz Arum, BFA, MPS Education Coordinator Tinkerine U Former Education Coordinator for MakerBot. Responsible for developing curriculum, training and supporting educators. Martin Burian, CA-CPA, CBV Director EVP & CFO CA-CPA, CBV. Strong financial expertise. Former investment banker with Haywood, Bolder, and Canaccord. Todd Blatt, B.Sc. Director VP of Market Direction Former senior MakerBot marketing team member. Major influencer (top 100). Notable 3D designer executive. 22

23 Founders & Advisors Justin Sy, BSc. Lead Software Developer & Co-founder B.Sc. of Interactive Arts & Technology. Co-founder of Tinkerine. Leads rapid software development and iteration. Well versed in Java, JavaScript, action script and python. RJ Wafer Advisor Former Director of Distribution for MakerBot acquired by Stratasys for $403M in Currently head of Business Development for Double Robotics. Dan Wu Creative Content Manager & Co-founder Undergraduate of Interactive Arts and Technology at SFU. Cofounder of Tinkerine. Builds digital relationships through social media and interaction through promotional events. Andy Yang, B.A. UX/UI Designer & Co-founder Noah Li-Leger, B.Des Industrial Designer An entrepreneur at heart. Excited by forward-thinking ideas and strives to create innovative solutions. Owns Li-Leger Inc., which has worked on projects including medical design, electronic design, and mechanical design for the oil and gas industry. B.A. of Interactive Arts & Technology. Co-founder of Tinkerine. Passionate about everything creative. Specializes in user experience, interface, and graphic design. 23

24 Tinkerine Studios Ltd. 341 W 6th Ave Vancouver, BC V5Y 1L1 Canada