Company Overview - PAR Technology is transforming into a fast-growing SaaS provider of restaurant software[4] - The company is building a Unified Commerce Cloud Platform to empower restaurants[4] - PAR serves over 500 brands across its Hardware & SaaS product lines[4,8] Financial Performance - In 2020, PAR had $73 million in Hardware Revenue and $65 million in ARR (Annual Recurring Revenue)[5] - Brink POS is growing at a 40% CAGR (2017-2020)[6] - Punchh is growing at a 52% CAGR (2017-2020) year-over-year[6] - The Pro Forma ARR CAGR from 2017 to 2020 was 46%[8] - Punchh ended 2020 with approximately $32 million in ARR[48] Key Products & Metrics - Brink POS has 12,100 active restaurant locations[8] - Punchh has 41,000 active restaurant locations[8] - Brink has a gross store churn of approximately 5% in 2020[8] - Punchh has a net dollar retention of 115%[8] Acquisition - PAR acquired Punchh for a total estimated consideration of $500 million[48]
PAR Technology (PAR) Investor Presentation - Slideshow