ila 2 page 3-8-19 · tsx.v: ila [email protected] +1 (416) 708-9764 175 bloor st e, suite...

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iLOOKABOUT (ILA) provides software and data services in the real estate valuation sector. Our clients require accurate valuations which form the basis for creating correct tax assessments and market analysis. Through our proprietary best-in- class suite of SaaS offerings, our clients can rely on us to ensure they are not losing tax revenues nor overcharging thus creating future liabilities. The acquisition of Clarocity is a strategic, accretive, and synergistic one for the company. An innovative real estate valuation technology company that leverages data and automated valuation modeling. TSX.V: ILA Management Gary Yeoman, Chairman & CEO Jordan Ross, COO Jeff Young, President Robin Dyson, CFO Jeff Hack, CTO Board of Directors Lending & Asset Management Insurance Government Capital Structure Basic Shares Outstanding 85M Management Ownership 35.9% Other potential Share Issuances: Warrants 2M Options 7.8M Deferred Share Units 3.9M Fully Diluted (Capital injection of $3M on exercise of warrants and options) 98.7M Market Price $0.20 Market Cap $17M Cash ~$3.5M (March 8, 2019) Revenue Investment Highlights High Growth, SaaS Model - 1,0 00,00 0 2,0 00,00 0 3,0 00,00 0 4,0 00,00 0 5,0 00,00 0 6,0 00,00 0 7,0 00,00 0 8,0 00,00 0 9,0 00,00 0 10 ,000,0 00 2013 2014 2015 2016 2017 27.5% CAGR 1. Transformative SaaS products, with a highly recurring revenue stream 2. Proven and highly-aligned leadership with strong financial record 3. Ability for cross platform selling, for strong organic growth potential 4. Disciplined accretive M&A strategy with a focus on profitable growth 5. Clarocity acquisition means foreign revenue exposure Gary Yeoman Gerald C Quinn Allan Bezanson John C. Drake Peter Hyde Phillip Millar Jeff Young Jeff Hack 1 of 2 Financial Snapshot Revenue: $9M - $9.5M Revenue: $25M - $30M Adj. EBITDA: Positive (from Operations) Adj. EBITDA: Positive Cash: ~$4.5M Cash: ~$3M Debt: $0 Convertible Debt: $8.7M (Interest y1: 0%, y2: 3% y3: 6%, y4 Option at 6% (all payable in shares) FY2018 (estimated) FYE 2019 (post acquisition) Contact Info [email protected] +1 (416) 708-9764 175 Bloor St E, Suite 1105 Toronto, ON M4W 3R8 www.ilookabout.com Jordan Ross, COO 0 500 000 100 0000 150 0000 200 0000 250 0000 300 0000 350 0000 0 0.0 5 0.1 0.1 5 0.2 0.2 5 0.3 03-05-18 03-26-18 04-16-18 05-07-18 05-28-18 06-18-18 07-09-18 07-30-18 08-20-18 09-10-18 10-01-18 10-22-18 11-12-18 12-03-18 12-24-18 01-14-19 02-04-19 02-25-19

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Page 1: ILA 2 Page 3-8-19 · TSX.V: ILA jordan.ross@ilookabout.com +1 (416) 708-9764 175 Bloor St E, Suite 1105 Jordan Ross, COO Toronto, ON M4W 3R8 2 of 2 ILA Real Estate Technology Platform

iLOOKABOUT (ILA) provides software and data services in the real estate valuation sector. Our clients require accurate valuations which form the basis for creating correct tax assessments and market analysis.

Through our proprietary best-in-class suite of SaaS offerings, our clients can rely on us to ensure they are not losing tax revenues nor overcharging thus creating future liabilities.

The acquisition of Clarocity is a strategic, accretive, and synergistic one for the company. An innovative real estate valuation technology company that leverages data and automated valuation modeling.

TSX.V: ILA

Management

Gary Yeoman,Chairman & CEO

Jordan Ross, COOJeff Young, President

Robin Dyson, CFOJeff Hack, CTO

Board of Directors

Lending & Asset Management Insurance Government

Capital Structure Basic Shares Outstanding 85M• Management Ownership 35.9%Other potential Share Issuances:• Warrants 2M• Options 7.8M• Deferred Share Units 3.9MFully Diluted (Capital injection of $3M on exercise of warrants and options) 98.7M

Market Price $0.20Market Cap $17MCash ~$3.5M

(March 8, 2019)

Revenue Investment HighlightsHigh Growth, SaaS Model

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2013 2014 2015 2016 2017

27.5% CAGR 1.

Transformative SaaS products, with a highly recurring revenue stream

2.Proven and highly-aligned leadership with strong financial record

3.Ability for cross platform selling, for strong organic growth potential

4.Disciplined accretive M&A strategy with a focus on profitable growth

5.Clarocityacquisition means foreign revenue exposure

Gary YeomanGerald C QuinnAllan BezansonJohn C. DrakePeter HydePhillip MillarJeff YoungJeff Hack

1 of 2

Financial Snapshot

Revenue: $9M - $9.5M Revenue: $25M - $30MAdj. EBITDA: Positive(from Operations) Adj. EBITDA: Positive

Cash: ~$4.5M Cash: ~$3MDebt: $0 Convertible Debt: $8.7M (Interest y1: 0%, y2: 3% y3: 6%, y4 Option at 6% (all payable in shares)

FY2018 (estimated) FYE 2019 (post acquisition)

Contact [email protected]+1 (416) 708-9764

175 Bloor St E, Suite 1105 Toronto, ON M4W 3R8 www.ilookabout.comJordan Ross, COO

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Page 2: ILA 2 Page 3-8-19 · TSX.V: ILA jordan.ross@ilookabout.com +1 (416) 708-9764 175 Bloor St E, Suite 1105 Jordan Ross, COO Toronto, ON M4W 3R8 2 of 2 ILA Real Estate Technology Platform

TSX.V: ILA

[email protected]+1 (416) 708-9764

175 Bloor St E, Suite 1105 Toronto, ON M4W 3R8 www.ilookabout.comJordan Ross, COO

2 of 2

ILA Real Estate Technology PlatformPoised for Platform Cross Selling

A SaaS based software suite for property assessment, reporting and appeals

management that includes 3 modules; • Desktop Review• Management Module• Mobile

A SaaS based application that combines the tax and assessment data attributes

while integrating mapping, imagery, and census data

A robust real estate data marketplace that allows anyone to seamlessly and securely buy and sell validated data

Potential AcquisitionProprietary valuation platform that allows any lender, asset manager or valuation professional to produce, manage and distribute valuations*Signed non-binding Term Sheet, expected close 1H 2019

Potential Clarocity AcquisitionAcquisition Benefits

1 Materially increases consolidated revenues 5 Improved consolidated Balance Sheet leads to greater client confidence

2 Boasts a diversified, blue chip client base

3Creates cross selling opportunities• Real Property Tax Analytics (RPTA)• Augment insurable valuation model

opportunity (iAVM)• Data validation (ReBloc)

6 Cost synergies (public company, corporate and software development costs)

7 Strong cultural fit and deep talent pool

4 Increases exposure to US market 8Key employees identified with lock-up agreements in place (a condition of closing)

Opportunity Overview$3.5B

Default Valuation

$7BTraditional Valuation

Market Spend$10.5B

$20T

+28M

Annual Spend US Real Estate Valuations

U.S. Residential Asset Class

Expert Driven Valuations

Forward Looking Statement: This presentation contains forward-looking statements. Any statements contained herein that are not historical facts may be deemedto be forward looking statements. There are a number of important factors that could cause actual results to differ materially from those indicated by such forward-looking statements. Such factors include, but may not be limited to: adverse changes in general economic conditions, adverse changes in the specific markets forthe Company's products, adverse business conditions, increased competition, lack of acceptance of new products, lack of success in technology advancementsand the ability of the Company to continue to attract skilled technology staff. All rights reserved. These forward-looking statements are made as of the date of thisnews release and, accordingly, are subject to change after such date. iLOOKABOUT does not assume any obligation to update or revise this information to reflectnew events or circumstances except as required in accordance with applicable laws. © 2019 iLOOKABOUT™.

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