1 / 17

NYSE AMERICAN: CTEK

CynergisTek is a trusted partner in healthcare cybersecurity, offering innovative services and expertise to protect patient safety and care operations. With a loyal customer base and strong industry recognition, CynergisTek is a top performer in cybersecurity, privacy, and compliance in the healthcare sector.

gough
Download Presentation

NYSE AMERICAN: CTEK

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. CYNERGISTEK INVESTOR PRESENTATION NYSE AMERICAN: CTEK

  2. SAFE HARBOR STATEMENTS This presentation contains, and our officers and representatives may from time to time make, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Examples of forward-looking statements include, among others, statements we make (herein or otherwise) regarding the size of the potential market for our services; the number of potential customers/clients for our services; plans and strategies of CynergisTek and its subsidiaries for future growth and performance; market acceptance of our business model; our ability to integrate acquisitions and merged companies; and timelines relating to growth, milestones, and strategic focus. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management’s current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.  Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the risk factors discussed throughout Part II, Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations, and in Part I, Item 1A. Risk Factors of our Annual Report on Form 10-K for the year ended December 31, 2018; and throughout Part I, Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations of our Quarterly Reports on Form 10-Q for the quarters ending March, June and September 31. Any forward-looking statement made by us in this presentation is based only on information currently available to us and speaks only as of the date on which it is made. We expressly disclaim any obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise.

  3. WHY CYNERGISTEK? Loyal national customer base with large upsell opportunity Pioneer and leader in healthcare cybersecurity Trust Experience Expertise Innovative service offerings filling the gap in the industry

  4. PERFORMANCE COUNTS #1 CYBERSECURITY, PRIVACY AND COMPLIANCE COMPANY IN HEALTHCARE TOP KLAS PERFORMER 3RD STRAIGHT YEAR 2018 Most Comprehensive Cybersecurity Services CynergisTek won the 2017 Best in KLAS Award for Cyber Security Advisory Services STRONG RELATIONSHIPS & TRACK RECORD THOUGHTLEADERS WELL-KNOWN INDUSTRY PLAYER CynergisTek has been recognized by KLAS in the 2016 and 2018 Cybersecurity report as a top performing firm in healthcare cybersecurity. KLAS KLAS KLAS TRUSTED ADVISOR MARKETDRIVEN TAILORED SOLUTIONS Top Performer Top Performer Top Performer Cybersecurity2018 HIT AdvisoryServices 2018 Technical Services 2018

  5. COMPETITION *All information from KLAS Cybersecurity Services 2018 Report - June 2018 ** FireEye (FEYE) – Price/Sales = 3.62, Enterprise Value/EBITDA = -29.01

  6. OUR MISSION EXPERTISE TRUST EXPERIENCE To be that trusted partner that enables our healthcare clients to build the cybersecurity and information assurance programs they need to protect and support patient safety and care operations by delivering exceptional service, expertise and knowledge.

  7. INDUSTRY SNAPSHOT

  8. AS ATTACK SURFACES GROW THE MARKET GROWS GLOBAL HEALTHCARE CYBERSECURITY SPENDING EXPECTED TO EXCEED ~$65B OVER NEXT 5 YEARS CAGR 14% CAGR 15%

  9. TOO MANY SOLUTIONS! Cybersecurity Plan & Program Development | Catalyst to Defending Against Threats Ransomware Privacy Threats *Verizon 2018 Breach Report IoT Threats Internal and External Threats Social Engineering Phishing Attempts

  10. BROAD SERVICE OFFERINGS Managed Security Services (Apr 2019)* Focus on Managed Services 3-5-year Recurring Revenue Contracts Cybersecurity Remediation Services Privacy Program Assessment Cybersecurity Program Assessment Compliance Assist Partner Program (CAPP) VirtualCISO Print Device Security Assessment Medical Device Security Risk Assessment Vendor Security Management (Nov 2018)* Managed Services Professional Services Consulting Services Penetration Testing Incident Response Readiness Exercise Privacy Program Remediation Services Medical Device Security Management (Dec 2018)* Risk Assessments Virtual PrivacyOfficer Over 20 Consulting Service Offerings Patient Privacy Monitoring Service *Launch dates of new managed services offerings

  11. TRUSTED BY HEALTHCARE NATIONWIDE • 250+ customers nationwide • Covered Entities* - over 1,000healthcare provider locations and business associates • Partnered with 2 of the top 10 health systems in the US *Covered entities are defined in the Health Insurance Portability and Accountability Act (HIPAA) rules as (1) health plans, (2) health care clearinghouses, and (3) health care providers who electronically transmit any health information in connection with transactions for which the department of Health and Human Services (HHS) has adopted standards.

  12. NATIONAL BUSINESS ACROSS DIVERSE INDUSTRIES Current Client Mix by Industry • 65% in the Health Care Industry • 13% in the Information Technology Industry • 10% in the Consumer Discretionary Industry • 9% in the Financial Industry • 2% Other Industries

  13. CTEK Partners & Alliances

  14. OUR MISSION: LONG-TERM GROWTH

  15. FINANCIAL SNAPSHOT *Data as of Q2 2019 and includes recent sale of MPS division **Includes estimated tax liability of $4.8M from the sale of MPS

  16. FINANCIAL HIGHLIGHTS REVENUE & GROSS MARGIN *Data excludes discontinued operations Financial Highlights ($Millions) – Expanding New Revenue Lines to Focus on Growth FY’17 to FY’18 Total Revenue: 22% $21.3M $17.5M 6 Month Q2’18 to Q2’19 Total Revenue: 25% $10.8M $8.7M 52% 48% 44% 40%

  17. THANK YOU! cynergistek.com NYSE AMERICA: CTEK InvestorRelations@cynergistek.com

More Related