CORPORATE PRESENTATION - AUGUST 2020 - CHANGE THE GAME - Slinger Bag
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CORPORATE PRESENTATION
AUGUST 2020
OTC: SLBG CHANGE THE GAME
DISCLAIMER This presentation, any supplemental information or documents provided herewith and any attendant oral commentary (collectively, this “Presentation”) (i) have been prepared for discussion purposes by Slinger Bag Inc. (“Slinger”), (ii) are intended solely for use by Slinger in connection with the Companyʼs financial presentation dated as of the date hereof and (iii) should not be used, considered or relied upon for any other purpose or in connection with any other matter. With respect to any investment in the Company you should only rely on the publicly-available materials and any materials or information on which you get the express, written consent of the Company to rely, as well as any definitive agreement that you sign (the “Definitive Agreement”) and not on this Presentation. This Presentation will not be deemed to constitute financial advice or an offering of securities. This Presentation is confidential and proprietary and, without the prior written consent of Slinger, may not be reproduced, disseminated, quoted from or referred to, in whole or in part, at any time, in any manner or for any purpose. If you are not the intended recipient of this Presentation, please immediately delete and destroy all copies in your possession. Except for the historical information contained herein, the matters discussed in this presentation are forward looking statements within the meaning of the federal securities laws. Important factors could cause our actual results to differ materially from those contained in the forward looking statements including our growth strategies, our ability to successfully and economically commercialize our technology, anticipated trends in our business‚ our liquidity and ability to finance our development activities‚ market conditions in the industry‚ our ability to make and integrate acquisitions, the impact of governmental regulation and other risks more fully described in the companyʼs filings with the Securities and Exchange Commission. Forward looking statements are typically identified by use of terms such as “may,” “will,” “expect,” “anticipate,” “estimate” and similar words, although some forward looking statements may be expressed differently. All forward looking statements contained in this release, including any forecasts and estimates, are based on managementʼs outlook only as of the date of this release, and we undertake no obligation to update or revise these forward looking statements, whether as a result of subsequent developments or otherwise. The Company's website and any other third-party websites referenced herein are
INVESTMENT HIGHLIGHTS Slinger seeks to innovate and bring to market market-disrupting products focused across all Ball Sport categories, delivering to the players, regardless of age or ability, a variety of game-improvement capabilities. Initially focused on the $10 billion global tennis market Slinger Bag: The most portable ball launcher ever Market disruption: Set to disrupt and transform “Ball Launcher” category Proof of Concept: Slinger Bag is most successful sports Kickstarter to date Nearly $1.5 million in orders placed during first 100 days of pre-order campaign Executive team serves extensive industry experience from leading tennis brands Designed by players, for players
Tennis ball launchers are
bulky and expensive,
PROBLEM restricting their widespread
availability and making
regular practice a great
challenge for tennis
players worldwide.
Golfers don’t need a
partner – just a bag and
a place to play.
Why can’t tennis be
the same?
A portable, affordable
and versatile ball
launcher, designed to
be used by tennis
players of every level –
whenever, wherever.
SOLUTION:
SLINGER BAG
TENNIS MARKET OPPORTUNITY
INITIAL OPPORTUNITY FUTURE OPPORTUNITY
Sources: Sports Marketing
Surveys Inc; Statista
100 MILLION $10 BILLION $132 BILLION
Tennis Players Globally Global Tennis Market Global Sport
Equipment Market
COMPETITIVE ADVANTAGE
$550 (includes shipping and handling)
AFFORDABILITY
The most affordable and portable tennis
ball launcher on the market
$1275*
$1500*
$1550*
$2200*
PORTABILITY
*Average price of comparable products
MARKET VALIDATION
Launched crowdfunding campaign to assess market interest to overwhelmingly
positive feedback from early adopters
Pre-sales:
Target Goal: $1,000,000 Backers:
$25,000 The LARGEST sports 3,501
Kickstarter of all-time
STRONG
U.S. LAUNCH
$1,000,000 in Orders Taken in First 90 Days
Demand driven by initial positive reviews
from players and coaches
Tennis organizations recommended use of a
ball machine during lockdown
Slinger Bag provides ideal social distancing
practice partner
Company ramped up manufacturing and
shortened delivery time to meet high
consumer demand in COVID environment
DISTRIBUTION
STRATEGY
UNITED STATES & CANADA
• Drive 80% of revenues through online
e-commerce platform, slingerbag.com
• 20% revenues derived from partnerships
with leading wholesalers, federations,
organizations, and leading professionals
REST OF THE WORLD
• Slinger will operate as third party distributor
• Partners will have exclusive territories to grow
Slinger brand over a 5-year period CURRENT GLOBAL DISTRIBUTORS
• Ongoing discussions with 50 global partners • Globeride (Japan): 5-year, $15M+ exclusive agreement
with: • Framework Sports (UK & Ireland): 5-year, $3.5M+ deal
• Highly respected and reputable • Ace Distribution (Switzerland): Purchase of 3,000+ Slinger Bags by May
brands 2025
• Strong belief in the Slinger Bag product • FK Sports Nordic (Denmark, Finland, Norway, Sweden): Purchase of
6,500+ Slinger Bags by December 2025
• Secure financial status to help grow
Slinger’s brandPARTNERSHIPS & ENDORSEMENTS
Generating brand awareness and adoption through a growing roster of corporate,
professional athlete, and celebrity brand ambassadors
Nick Bollettieri The Bryan Brothers
Coach to 10 former The most successful
world number ones tennis duo of all time"Throughout our career, we've never
stopped looking for ways to
“The key to being successful in tennis
enhance our game. Slinger does just
is consistency. Consistency is built on
this – there's no doubt hitting balls
repetition. Slinger Bag is so easy to
with Slinger will make you a more
transport and set up that it's
consistent and stronger tennis player.
available 24/7 for practice and drills.
After using the launcher during a
It's the first ball launcher to appeal to
training session, we've both become
the masses and is the perfect tennis
instant fans, and it adds a whole lot
partner to build consistency and
of fun to training on court. Slinger
improve your game.”
Bag is set to become an awesome
training partner for tennis players
around the world." Nick Bollettieri
World Renowned tennis coach
The Bryan Brothers to 10 former world #1 players
World #1 doubles players
Olympic Gold MedalistsMEDIA SPOTLIGHT
NO COURT, NO PROBLEM COVID-19 presents an unforeseen market opportunity Slinger Bag’s versatility is the perfect way for players to continue training while stuck at home Tennis players around the world are showcasing their unique at-home Slinger Bag setups through social media
THE FUTURE
Innovating launchers for multiple ball
sports around the world
2020 2020 - 2021 2022 - 2023
Slinger Bag Accessories: Pickleball (US) Baseball (US)
Telescopic ball tube Padel (EUR, S. America) Softball (US)
Rotating platform Soft tennis (Japan) Cricket (EUR, Asia)
Cell phone holderMIKE BALLARDIE, CEO
Former CEO of Prince
VP/GM of Wilson Racquet Sports EMEA
MANAGEMENT TEAM
The Slinger Bag management team JUDA HONICKMAN, CMO
has extensive experience and a Experienced digital brand marketeer
proven track record of success in and social media expert
product innovation, development
and commercialization.
PAUL MCKEOWN, CFO
Former CFO of Wilson and
Amer Sports, Canada
THOMAS DYE, COO
Former COO of Wilson International,
Coleman Outdoor and PrinceOCTOBER 2018 Pre-order campaign ends. Over $1M raised
FEBRUARY 2019 Hired CEO Mike Ballardie
MARCH 2019 Raised $4.5M in seed investments
Slinger Bag Inc. becomes fully reporting
SEPTEMBER 2019 public company (OTC: SLBG)
Signed 5-year, $15M+ distribution deal with Globeride Inc.
APRIL 2020 (Japan). Fulfilled all pre-orders in US & Canada
Global pre-orders fulfilled. D2C orders in US & Canada
MAY 2020 commenced with new orders daily
Slinger Bag set to be available for purchase globally.
JULY 2020 Significant corporate expansion into Canada
AUGUST 2020 Orders taken, first 90 days (US): $1MFINANCIAL PROJECTIONS
OTC: SLBG
Profit Margins
(Expected):
2020: 49%
2021: 47.8%
2022: 47.9%
2023: 47.8%
2024: 54.1%FINANCIAL HIGHLIGHTS
Share Structure
Market Cap: $21,621,704
OTC: SLBG
SEC Fully Reporting Outstanding Shares: 26,209,714
Float: 5,596,560
Authorized Shares: 300,000,000
Fiscal Year: 4/30
*As of 8/30/20CONTACT Mike Ballardie, CEO Investors@Slingerbag.com WWW.SLINGERBAG.COM/INVESTORS @SLINGERBAG @SLINGERBAGHQ
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