OTCQX:WEYL - Empowering Businesses Globally with Industry-Leading mCommerce, eCommerce and Fintech Solutions - Logiq
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OTCQX:WEYL
Formerly Weyland Tech
Empowering Businesses Globally
with Industry-Leading mCommerce,
eCommerce and Fintech Solutions
Corporate Presentation September 2020
Important Disclaimer & Cautions Regarding
Forward Looking Statements OTCQX :WEYL
This presentation (the “Presentation” or “Overview”) is solely for information purposes about Logiq Inc. (“Logiq” or the “Company”). In furnishing this Overview the Company
reserves the right to amend or replace the Overview at any time and undertakes no obligation to provide the recipient with access to any additional information. Although the
Company may provide additional information to interested parties concerning Logiq, the Company shall not be obligated to update or correct the information set forth in the
Overview or to provide, update or correct any additional information. Nothing in this Overview is, or should be relied upon as, a promise or representation as to the future.
The summary information contained herein has been prepared to assist interested parties in making their own evaluation of Logiq and does not purport to contain all the
information that such interested parties may desire. In all cases, interested parties should conduct their own investigation and analysis of Logiq, its business, prospects, results of
operations and financial condition. The Company has not independently verified any of the information set forth herein, including any statements with respect to prospects of
Logiq or the assumptions on which such statements are based, and does not undertake any obligation to do so. Logiq does not make any representation or warranty, express or
implied, as to the accuracy or completeness of this Overview or the information contained herein and neither of such parties shall have any liability for the information
contained in, or any omissions from, this Overview, nor for any of the written, electronic or oral communications transmitted to the recipient in the course of the recipient’s own
investigation and evaluation of Logiq. Neither the receipt of this Overview by any person, nor any information contained herein or supplied herewith or subsequently
communicated in written, electronic or oral form to any person in connection with a potential transaction with Logiq constitutes, or shall be relied upon as constituting, the
giving of investment advice by the Company to any such person. Each person should make their own independent assessment of the merits of the transaction and should
consult their own professional advisors.
This presentation does not constitute an offer or invitation to subscribe for or purchase any securities and neither this Overview nor anything contained herein shall form the
basis of any contract or commitment whatsoever. It may contain certain “forward-looking statements” relating to the business of the Company. All statements, other than
statements of historical fact included herein are “forward-looking statements” including statements regarding: the continued growth of the e-commerce segment and the
ability of the Company to continue its expansion into that segment; the ability of the Company to attract customers and partners and generate revenues; the ability of the
Company to successfully execute its business plan; the business strategy, plans, and objectives of the Company; and any other statements of non-historical information.
These forward-looking statements are often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions and involve known and
unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve
assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which
speak only as of the date of this news release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a
variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available at www.sec.gov. All
forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under
the securities laws, the Company does not assume any duty to update these forward-looking statements.
© Logiq Inc. 2020, 2019 All Rights Reserved. Product of CMA 090420
2
Key Stats: WEYL (OTCQX) OTCQX :WEYL
Stock Price (9/2/2020) $7.45 Revenue ttm $43.3M Annual Revenue Growth
52 Week Low-High $1.62 - $10.50 Net Loss ttm $(9.3M) $millions
$43.3
Avg. Vol. (3-mo) 41,477 Cash & cash equiv. @6/30/20 $3.9M
Acquired
Shares Outstanding* 12.9M Total Assets @6/30/20 $24.6M Jan 8, 2020 $6.9
Public Float, est. 13.2% Total Debt @6/30/20 $0.5M $36.4
$34.6
Market Cap $96.1M Total Liabilities @6/30/20 $4.0M
Enterprise Value $92.7M Full-Time Employees 125
Insider Holdings, est. 22% Fiscal Year End Dec. 31
$22.7
Institutional Holdings
Who We Are OTCQX :WEYL
Global eCommerce, mCommerce, MarTech and
Fintech Enablement Platform
AppLogiq: Subscription-based, platform-as-a-service
(PaaS) for SMBs to create mobile apps to market, sell and
deliver goods and services – “Shopify for Mobile.”
DataLogiq: MarTech AI-driven data engine captures and
directs consumer intent to promote customer
engagement and conversion for enterprises & brands.
PayLogiq/GoLogiq: Mobile fintech and mCommerce
solutions for emerging markets.
User growth benefiting from the ‘The New Normal’
of work-from-home and shopping online.
Public peers: Shopify, SEA Limited, Wix, Jumia,
Amazon, Etsy, Webex, and BigCommerce.
4
We Address Large, Fast-Growing
eCommerce Markets OTCQX :WEYL
Global eCommerce Market Southeast Asia eCommerce Market
eCommerce to comprise 6.5%
of all retail sales by 2023 $52.6B
Global Retail eCommerce
% of Total Retail
$6.5T $18.7B
2018 2019 2020 2021 2022 2023
Source: Foresterh, Nov. 2018
U.S. eCommerce Market
eCommerce surpassed 10% of U.S. retail
sales in 2019. Exceeding 16% by 2023 $970B
$2.9T
20% 22%
16% 18%
14%
12% $515B
2018 2019 2020 2021 2022 2023 2018 2019 2020 2021 2022 2023
Source: emarketer May 2019 Source: emarketer May 2019 5
Mobile Commerce Driving Online Retail OTCQX :WEYL
Global mCommerce Market1 Southeast Asia mCommerce Market
Mobile to comprise 78% of all SE
5.1 Billion unique mobile users2 Asia online retail by 2021
67% penetration2 $1,113B
Mobile commerce overtook desktop in 20193
$667B
$4.3T
2017 2018 2019 2020 2021
Source: Forester, Feb 2017
U.S. mCommerce Market
Mobile to comprise 45% of
$488B
all U.S. online retail by 2024
$1.9T
$157B
2018 2019 2020 2021 2022 2023
2019 2020 2021 2022 2023 2024
1) Euromonitor April 2019; 2) thenextweb.com Feb 2019; 3) OuterBox Jan. 2020
Source: Business Insider Dec. 2019 6
mCommerce Landscape:
Southeast Asia/ASEAN & U.S. OTCQX :WEYL
Southeast Asia/ASEAN mCommerce United States mCommerce
90%+ 3.6 hours 230M 190M
of Internet users On avg. spent on own a Smartphone Own a Tablet 2
use Smartphones 1 smartphones daily2 or 79% of
300M active Users2 Population 1
89% - 99% $1.1 Trillion 5.4 hours 2x
of all businesses are Mobile financial On avg. spent on More shoppers purchase
Micro to SMBs 3 transactions by 20214 Smartphones with native mobile app
daily 3 vs. mobile web 4
73% $3.3 Trillion
Believe they should be GDP @ 5.1% growth,
99% $21.7 Trillion
able to accomplish on track to become world’s of all businesses are GDP growing @
any financial task on a 4th largest economy by 20306 SMBs 5 3.6% Q4-19 6
mobile device5
ASEAN Countries: Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar,
Philippines, Singapore, Thailand and Vietnam
1) e-Conomy SEA 2019 Report; 2) Business Insider, Dec. 2017; 3) IFAC.org, Apr. 2019; 1) Statista, Oct 2019; 2) Statista July 2019; 3) ZDNet April 2019; 4) ZDNet Mar. 2019;
4) Foresterh, Feb 2017; 5) Forester, Aug. 2019 6) International Monetary Fund 5) LSA Insider: Small Business Admin; 6) BEA Jan 2020.
7
Logiq Platform Overview
Integrated eCommerce/mCommerce Capabilities for Growing Any Business OTCQX :WEYL
MARKETING & ANALYTICS eCOMMERCE MANAGED MOBILE FINTECH LOGISTICS
SERVICES
• e-Wallet solution for e-Money • Products/services search &
• Discovery & promotion, with • Direct marketing sales funnel transactions discovery
augmented reality (AR) capablity
• Media buying & optimization • Point-of-Sale transactions • Fulfilment, shipping & tracking,
• Customer profiling/ management • Augmented Reality (AR) Shopping including last mile delivery
• Bill pay and Top up
• Predictive recommendations • Conversion optimization • Appointments & reservations
• C.O.D. delivery e-payments
• Market intelligence • Payment processing • Warehousing & inventory mgmt
• CRM • Powered by PayLogiq
• Messaging & notifications • Subscription & transactional
• Remarketing • Designed for emerging markets monetization
• Loyalty programs
INTEGRATIONS
DIY web-based B2B PaaS for MarTech/1st Party Big Data for Mobile Fintech Solutions for Urban Last Mile Food &
creating mobile apps. enterprises & major brands. Businesses & Consumers. Grocery delivery.
Frictionless on-ramp to mobile Online campaigns drives Supports contactless Integrated with major
online marketplace. conversions powered by AI. transactions. partners, like ShopeePay 8
AppLogiq B2B Platform-as-a-Service (PaaS) OTCQX :WEYL
Subscription-based mCommerce Platform-as-a-
Service for SMBs – 360,000+ Users Worldwide
AppLogiq enables small to medium-sized businesses (SMBs) to
market, sell and deliver goods & services via any mobile device –
“Shopify for mobile.”
Create full-featured, native mobile app in under two hours. PLATFORM-AS-A-SERVICE
Easy-to-use, DIY interface – No programming knowledge required.
Offered across Southeast Asia, Europe and U.S. in 14 languages
– regions with world's most active mobile users.
Margin expansion: Historical ~17% margins due to initial reseller
relationships. However, Q3-20 shift to 100% digital marketing
expected to improves Q4-20 and onward margins to 35%.
OPEXDown: R&D historically 22% of revenues. However,
completion of AppLogiq 3.0 reduces R&D to 2% of revenues.
TTM revenue of $43.3 million at June 30, 2020.
9
DataLogiq AI-Powered MarTech Platform OTCQX :WEYL
END-TO-END AI-POWERED MARTECH PLATFORM
Formerly Push Interactive
BRIDGES GAP BETWEEN BRANDS & CONSUMERS
MarTech and AI-powered Big Data platform for
enterprises and brands.
Acquired Jan. 2020 for $25M in an all-stock transaction.
ENRICHED AUDIENCE
LogiqX™ data engine captures and directs consumer TARGETING
intent to promote engagement and conversion. COMPREHENSIVE SPONSORED BRAND
CONSUMER Builds custom ADVERTISING
Consumer monetization platform connects traffic and PROFILES audiences for
Leverage DataLogiq’s
data providers with brands. Rich consumer
advertising using
engaged audiences to
DataLogiq’s deep pool of
profiles across a boost a brand’s
New data-driven strategies generating $16.8M variety of popular
consumer intelligence.
bottom line.
annualized run rate 2020, with ~20% margins by year- verticals and means Assemble these
end, up 40% from $12M at end of 2019.1 of intent. Promote products on
audiences using
top-tier content sites
hundreds of potential
Recent IPO of public peer, Kubient (NASDAQ: KBNT), points of consumer
through direct
placements and
implies DataLogiq stand-alone valuation at $78M. interest.
sponsored content.
1) Annualized run-rate at June 30, 2020. Margin outlook issued and effective only as of August 14th. 10DataLogiq Creates Connections for Both
Buyers & Sellers of Consumer Data OTCQX :WEYL
BUYERS SELLERS
PURCHASE CONSUMER PROFILES, AUDIENCES, SELL, PUBLISH OR MONETIZE TRAFFIC
& ADVERTISING
Logiq enriches and monetizes your
Logiq connects enterprises & brand to consumer data and traffic through:
engagement-ready consumers through:
• Direct sale to a variety of brands
• Consumer profile pools
• Multipoint enrichment and behavioral
• Remarketing audiences audience assembly
• Sponsored ad opportunities • Branded content engagement
11DataLogiq In-House Brands Generate
Valuable 1st Party Data OTCQX :WEYL
Through our internally managed brands, our direct-
to-consumer agency constantly acquires new
LOGIQX DATA ENGINE
consumers while refreshing existing profiles to
provide the most up-to-date intelligence to
Through DataLogiq’s our
internally managed brands,
its direct-to-consumer agency constantly acquires
clients. Our high-traffic consumer sites are
new consumers ideal
while for existing profiles
refreshing
custom content and marketing strategies
to provide
clients.
to
the most fill any
up-to-date intelligence to its
unique consumer niche.
This generates extremely valuable 1 -party
st
consumer data.
These high-traffic consumer sites are ideal for
custom content and marketing strategies to
address any unique consumer niche.
12Solutions for Emerging Markets OTCQX :WEYL
Mid-2018, we invested in the start-up of PayLogiq, ▶ Sept. 2019, launched last mile, foot-based food
a proprietary Fintech solution for businesses and delivery business, GoLogiq (formerly AtozGo).
individuals to go cashless (formerly AtozPay).
▶ Addresses need for a hyper-local food delivery service in
Initially launched in Indonesia, where 60% of adult urban areas.
population is unbanked.
▶ Fast & easy way for office workers and residents to order
e-Wallet facilitates mobile payment and bill pay. food without time & hassle of going out and waiting in
line. Avg. delivery time: 15 min. vs. typical 45 min.
Also, C.O.D. delivery e-Payments.
▶ Transactions powered by PayLogiq.
▶ Initial launch in Jakarta, Indonesia. 30M population,
3.5M commuting daily. World’s second-largest city.
▶ 1,000+ delivery people in Jakarta, up fromRevenue Models
Diverse Revenue Steams: Subscription, Managed Service, Transaction Fees OTCQX :WEYL
SUBSCRIPTION-BASED PaaS MANAGED SERVICES MOBILE FINTECH FOOD & GROCERY DELIVERY
• Recurring revenue from SMB • Primarily managed service • Fees per point-of-sale • Last mile, ‘foot based’ food
customers. contracts with enterprise & transactions, bill pay and Top delivery business, GoLogiq, with
brand customers. ups. transactions powered by
• $12 - $80 per month per PayLogiq.
• Delivery of leads or sale to
AppLogiq subscriber. • C.O.D. delivery e-Payments.
customer business • Lunchtime deliveries scaled to
• Level depends on market, • Performance-based per • $9 million+ in gross transaction 15,500+ daily for 100,000+
features and commitment term conversion. volume so far in 2020. customers in just 8 months.
• Monthly or annual subscription. • Site advertising revenue from
DataLogiq branded websites, i.e.,
• No setup costs. revenue from Google AdSense
• Modular-based for easy and • Monthly & annual subscription
revenue from DataLogiq PayLogiq & GoLogiq Valuation & Exit Strategy
affordable point-of-entry
branded websites, i.e., Astrology • Combined annualized gross transaction run rate = $20M+.
• Low attrition. Nova website.
• Growth in customer acquisition and related consumer data most
• Distributor and reseller valued aspect and continues to attract 3rd party interest.
supported, primarily self-service.
• Increasing stake from 31% to 51% positions us to take better
• White Label option: revenue advantage of potential ‘strategic alternatives' as M&A and business in
share with distribution partners region heats up. Can also consolidate revenue in future quarters.
who provide customer support • $55M est. valuation based on comparative peer valuations.
and value-added services.
• Exit strategy: IPO or sell to a strategic buyer.
14Partners & Customers OTCQX :WEYL
Global Partners Select Customers
Indonesia Indonesia
Indonesia
Indonesia
Indonesia
Taiwan
Italy/Europe
15Financial Highlights OTCQX :WEYL
Revenues: Annual Revenue Growth
Q2 2020: $9.3M, up 30% vs Q2-19. $millions
$43.3
First Half 2020: record $24.3M, up 55%.
Acquired
Jan. 8, 2020 $6.9
Gross profit in First Half 2020:
Up 39% to $3.9 million or 15.9% of revenue, $36.4
$34.6
vs. $2.8M or 17.7% in same year-ago period.
Cash & cash equivalents at June 30, 2020: $3.9M.
2020 revenue outlook: $22.7
New DataLogiq subsidiary, acquired Jan 2020,
expected to add approx. $16M in revenue for 2020, with
$15.6
margins ~20%.1
$12.9
On track for record revenue overall in 2020. 1
2016 2017 2018 2019 TTM
1) Outlook issued and effective only as of August 14, 2020. TTM = trailing twelve months ended June 30, 2020. 16Public Peer Comparative Valuation OTCQX :WEYL
Share Price Market Cap Revenue Net Income
Ticker P/R
@8/19/20 ($M) ttm 1 ($M) ttm ($M)
Shopify DIY e-commerce websites SHOP $1,009 $120,701 $2,080 -$67 58.0x
SE Asia eCommerce
SEA Ltd SE $150.56 $71,211 $2,540 -$1,050 28.0x
(ShoppePay subsidiary – fintech)
Stone
Merchant Fintech STNE $50 $15,620 $538 $158 29.0x
Companies
Veritone AI for mobile VERI $10.91 $301.1 $50 -$54 6.0x
Wix DIY e-commerce WIX $285.60 $15,742 $853 -$136 18.5x
BigCommerce DIY e-commerce BIGC $66 $4,500 $119 -$43 37.8x
Jumia eCommerce – Emerging Markets JMIA $11 $883 $163 -$194 5.4x
Average P/R 25.9x
Source: Yahoo!Finance 1) ttm – trailing twelve months, from most recent quarter reported $7.39 $95.3 $43.3 -$9.3 2.2x
P/R based on market cap at August 19, 2020. 172020 Growth Drivers OTCQX :WEYL
Organic
Roll-out of new digital marketing campaign to new reseller
channels.
Gross margin improvement per new AppLogiq 35% vs.
historic 17%.
Costs greatly reduced.
Introduction of AdTech/Big Data via addition of Logiq
technology & operations.
Acquisitive/M&A
Increased ownership in PayLogiq/GoLogiq from 31% to 51%,
allowing consolidation of revenue. Potential liquidity event
in 2020-2021 in Indonesia or U.S., via IPO or strategic sale.
Recent agreement to acquire Fixel (see next slide).
18Fixel AI Acquisition OTCQX :WEYL
Acquiring Fixel AI: award-winning innovator of digital
marketing technology.
Cloud-based software-as-a-service technology that can
be quickly & easily embedded into any website.
Audience engagement platform provides startups to
Fortune 500 companies the ability to dramatically
enhance their online marketing spend. Recognized as Israel’s Most
promising MarTech company
Segments and ranks website visitors based on level of in 2018.
engagement, allowing highly-targeted, high-ROI online
marketing campaigns. Power and unique capabilities
of Fixel’s digital marketing
Technology to be integrated into DataLogiq for both in- technology recognized by
house use and cross selling to DataLogiq customers. both Techstars and Plug and
Close planned for early September. Play— two of the leading
startup programs in the U.S.
Further details of the transaction are available in a Current Report on Form 8-K filed by Logiq with the Securities and Exchange
Commission, and available at sec.gov and from the investor section of the company’s website at Logiq-tech.com.
19Key Takeaways OTCQX :WEYL
eCommerce enablement – major theme among high
value stocks ‘the new normal’ highs by tech stocks.
High-growth, multi-billion-dollar global markets.
DataLogiq MarTech/ AI-Big Data platform: new major
revenue and profit driver for 2021 & beyond.
PayLogiq/GoLogiq business not yet reflected in Logiq
market valuation (est. $55M). Setting stage for major exit.
Current capital market valuation at discount to peers:
2.2x revenues vs. 26x.
Catalysts in place for valuation expansion, with recent
new partnerships and major initiatives narrowing
valuation gap.
On track for record revenue growth in 2020
20Contact Us OTCQX :WEYL
Company Contact Investor Relations
Brent Suen Ron Both
President Grant Stude
Logiq, Inc. CMA
T 949.432.7566
85 Broad Street, 16- WEYL@cma.team
079 New York, NY
10004
T 808.829.1057
21Appendix
22Seasoned Management Team OTCQX :WEYL
Brent Suen Tom Furukawa Lionel Choong Eddie Foong Thet Twe Aung Matthew Brent John MacNeil
President & Executive Chief Executive Officer CFO & Director Chief Product Officer Chief Technology Chief Strategy Officer Chief Operating Officer
Chairman Officer & Director
From startups and IPOs to
CFO since July 2015 17+ years experience in IT, 10+ years in software &
President & CEO of Logiq major global enterprises,
over last 15 years, has been sales, marketing & 10+ years in software product development. 30+ years of experience in
30+ years experience in
30+ years in capital responsible for defining and operations. development industries. the financial services and
finance as Big 4 auditor, Built & led teams from
markets & investment building products for some technology industries.
compliance and CFO. Involved in a RFID tech Founded & served as CEO across North America,
banking, Telecom, Media & of the world most successful company that developed China & SE Asia to deliver
Former vice chairman of of Escape Pixel, digital Advised technology,
Technology sectors. companies, including global products for Sony
and upgraded Singapore’s solutions providing startup financial technology and
Yahoo!, IBM, Rubicon Emerson Radio (NYSE:
Operational experience National Library books in Singapore. Computer Entertainment
Project, and Enthusiast MSN). renewable energy
with start-ups and growth borrowing system. America, Activision
Network. Active Developer/ companies on strategic
companies in Silicon Valley Former CFO of HKSE-listed Blizzard, The Upper Deck
Previously headed the Contributor of many open relationships, financial
in 1990s. Previously, CTO of Logiq’s Byford London. Co. & The Sesame Street
sales & marketing source software projects forecasting, investor
DataLogic subsidiary, and Workshop.
Founded Axis Trading served as CPO at Chartered Accountant. department of Info. which advance linguistic relations and capital
Corp. as one of the first ConversionPoint, leading Technology within MNCs & evolution, localization, and He received his BA in formation.
Retired as Partner of government agencies. Philosophy from the
online platforms for stock product development with cognition.
Deloitte, Head of Business University of Illinois, Previously served as a
trading. Sold to Softbank in clients including Intel,
Samsung, Nikon & Logitech.
Development for Chicago. portfolio manager for
1996. Corporate Finance. technology funds at
Co-founded Elevation At Ad Exchange, created the Schroders Investment
firm’s award-winning next- BA in Accountancy from
Capital in 1997 as London Guildhall Management.
investor/advisor to generation marketing
technologies. University, UK;/
companies for IPO, M&A, Bachelor of Electrical
partnerships and funding. Earlier, led product Master of Business Engineering from
marketing at IBM Tivoli, and Administration from Hong University of Connecticut.
Began career in merger as head of monetization for Kong University of Science
arbitrage at Bear Stearns Kelly Blue Book, drove 20% and Technology and MBA from Columbia
in 1988 at age 20, firms’ increase in website annual Kellogg School of Business School.
youngest hire. advertising revenue. Management at
BA in Finance from BA, Information & Computer Northwestern University.
Westminster College Science, Univ. of California 23DataLogiq Management OTCQX :WEYL
Haig Newton Chris Jahnke Rod Granero, CPA Daniel Urbino, CPA
CEO & Co-Founder President & CMO Chief Financial Officer Chief Operating Officer
Previously chief technology officer of Earlier served as chief marketing officer of 14+ years of management experience in Previously served as ConversionPoint’s
ConversionPoint Technologies. ConversionPoint Technologies. leading and building the accounting, director, strategy and operations and chief
finance, treasury, financial planning, tax, operating officer.
Haig brings skills and knowledge in a Jahnke is an industry-leading expert on
acquisition and investor relations Prior to ConversionPoint, he served as
variety of areas, including design, finance, media buying strategies, and has
functions of various companies. director of accounting, contracts and
web development, accounting, technical developed and launched thousands of
development, and branding. successful digital marketing campaigns Granero held various management roles compliance and director of revenue at
resulting in millions per month in product at high-growth startup companies as well Antech Diagnostics.
With more than 15 years in the internet sales. as large companies, such as Verizon and
marketing space and five years of software Earlier served as manager at Windes &
Youngs Market, across various industries. McClaughry Accountancy Corporation
development and eCommerce, he has a Jahnke understands human nature and
proven track record of start-ups and uses that knowledge in launching, Most recently, Granero was the CFO of and Audit Senior at DBBMcKennon.
enterprise-level custom architecture, managing and converting effective ConversionPoint Technologies. He began Holds an MBA from University of Southern
working with teams large and small. product campaigns. In fact, his his career in public accounting as a senior California, Marshall School of Business.
revolutionary media buying strategies are auditor. Holds a B.A. in Business Economics with
Developed and launched 18 proprietary now used by many today to drastically
platforms, and developed technology that Holds a BA degree in Business Economics an Emphasis in Financial Accounting form
reduce customer acquisition costs. University of California, Santa Barbara.
increased gross margin by 27% and with an Emphasis in Accounting from
generated more than 500 million ad Founder of Tamble, an interactive University of California, Santa Barbara. He is an active certified public accountant
impressions per year. advertising production company. in the state of California.
He is an active certified public accountant
Holds B.S. in Business and Advertising, Received his undergraduate degree from in the state of California.
with minor in Computer Science from the Saint John’s University.
University of Kansas.
24Independent Directors & Board Advisors OTCQX :WEYL
Matthew Burlage Ross O’Brien Brett Lay Sim Farar Andre Peschong
Director Director Director Senior Advisor Senior Advisor
Spent the last three decades Analyst, writer, presenter and 25+ years as senior executive 30+ years of experience in both 25+ years of senior management &
involved in financing and advising consultant focused on the including 15 years as CFO for both public and private sectors. capital markets experience.
Asia’s leading corporations, economies and business private & public companies.
Chairman of the U.S. Advisory Co-founder of Bridgewater Capital.
government enterprises and environments of the Asia-Pacific
with over 25 years experience in the Asia Pacific CFO of Media, Pihana Commission on Public Diplomacy. Has structured, negotiated & closed
financial institutions.
region. Pacific/Equinox and recently more than $320M in corporate
From 1999 – 2000, served as U.S.
Co-founded IRG, a boutique completed the sale of Pacnet to financing, with M&A transactions
Since 2003, has been Managing Representative to the 54th General
financial advisory and investment Telstra for $750M, where he was totaling more that $100M in
Director of the Hong Kong Assembly at the United Nations.
firm focused on Asia’s core growth CFO from 2007-2015. enterprise value.
sectors. operations of Intercedent Asia, a Served as CEO, Chairman of the
region wide partnership of B2B Board, Director and consultant to a Director of StereoVision Imaging, a
Advises Asian & global corporations, market consultants. leader in 3D facial recognition &
number of companies, including
private equity funds, hedge funds identity management solutions.
Practice focuses on market entry JDF Investment Co. LLC, IFC
and sovereign wealth funds on a
range of transactions, including strategies for telecoms and IT Financial & Services Corp. Member of Advisory Board of
M&A, corporate restructurings, and companies, in managed services Falcon Capital, which advises
debt capital & equity. and wireless solutions. emerging growth companies on
M&A, JV’s and divestitures.
Before IRG, was a managing
director of Lehman Brothers in
Hong Kong.
25Company Timeline 2016 - 2020 OTCQX :WEYL
Sept. 2016 Dec. 2017 June 2018 Jan. 2019 July 2019 Jan. 2020 July 2020 Aug. 2020
Strategic Launched QR Code Released Completed Acquired U.S. Logiq reported Partnered with
licensing e-wallet Local AppLogiq $5M equity eCommerce major turn around ShopeePay to
agreement PayLogiq in Benefits Version 3. funding in platform, post-COVID-19 launch a new
for Indonesia. (“OKOCE”) prep for Logiq, to lockdown; expects marketing
Thailand Launch. Nasdaq uplist. support $13M to $15M in campaign for
Market. AppLogiq 20201 GoLogiq in
launch in U.S. April 2020 Jakarta.
Expanded Partnered with
Nov. 2018 June 2019 GoLogiq to global fintech
Partnered QR Code residential provider for food
with Merchant consumers delivery service in
Keepital. POS in Jakarta. Jakarta.
Launch.
2016 2017 2018 2019 2020
Nov. 2016 Mar. 2018 Aug. 2018 Apr. 2019 Feb. 2020 June 2020 July 2020 Aug 2020
Expanded Scaled PayLogiq PT Finnet GoLogiq Partnered with Line Deployed first Added Launched new
into high GTV to ~$8M Agreement for Food Corp. affiliate, Now mobile apps for augmented digital
growth annual run rate. 5-year Bank of Delivery Mastery, to launch SMBs in Italy. reality (AR) marketing
markets. Launched Indonesia Pilot AppLogiq in Taiwan. capability to campaign in
mCommerce & License. Launch. GoLogiq AppLogiq. Taiwan and
logistics platform Partnered with expansion into Indonesia for
across Asia. Medias-Com’S SA to residential AppLogiq.
launch AppLogiq in Jakarta reaches
Italy. 500 deliveries
Dec. 2016 Dec. 2018 Sept. 2019 per day as city
Partnered with Partnered with GoLogiq joins Partnered with begins to
DPEX Worldwide Rex for ‘last mile’ forces with Grab national telco, Indosat reopen.
to offer fulfillment for short- Ooredoo, in Indonesia
mCommerce / platform. distance food
logistics solution. delivery service
1) Outlook issued and effective only as of August 14, 2020.
26Global Mobile Commerce Growth by
Region2019-2024 OTCQX :WEYL
Asia to Experience
the Greatest
Growth Rate in
Mobile Commerce
Through 2024
Source: Mordor Intelligence 27Adoption of Mobile Wallet Payments to Accelerate in ASEAN OTCQX :WEYL Source: nomuraconnects.com Feb 2019 28
About Use of Non-GAAP Financial Measures OTCQX :WEYL
Logiq, Inc. management believes the use of adjusted EBITDA is helpful to assessing the company’s financial performance.
The company defines adjusted EBITDA as income before interest and financing expense, provision for income taxes,
depreciation and amortization, stock-based compensation and acquisition expense.
Adjusted EBITDA is not a measurement of financial performance under generally accepted accounting principles in the
United States or GAAP. Because of varying available valuation methodologies, subjective assumptions and the variety of
equity instruments that can impact a company’s non-cash operating expenses, management believes that providing a non-
GAAP financial measure that excludes non-cash and non-recurring expenses allows for meaningful comparisons between
the company’s core business operating results and those of other companies, as well as providing an important tool for
financial and operational decision making and for evaluating the company’s own core business operating results over
different periods of time.
The company’s adjusted EBITDA measure may not provide information that is directly comparable to that provided by other
companies in its industry, as other companies in the industry may calculate non-GAAP financial results differently, particularly
related to non-recurring, or unusual items. The company’s adjusted EBITDA is not a measurement of financial performance
under GAAP and should not be considered as an alternative to operating income or as an indication of operating
performance or any other measure of performance derived in accordance with GAAP. The company does not consider
adjusted EBITDA to be a substitute for, or superior to, the information provided by GAAP financial results.
The company has not provided a reconciliation to nearest GAAP measure in this presentation since the actual amount or
range has not yet been determined, and it would require unreasonable efforts to report a reconciliation of this information to
the nearest GAAP measure.
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