EBZT, trading under the ticker OBTX at the time of this presentation in late 2022, positions itself as a diversified blockchain services provider. The deck highlights a significant growth period in FY2022, reporting an adjusted revenue of $11.9 million—a 4x increase from the previous year. Their strategy relies on three pillars: EBAdvise (consulting), EBBuild (a proprietary blockchain platform), and EBControl (data security). The presentation emphasizes technical differentiation, claiming sub-single-digit millisecond speeds and SQL-like query capabilities for their ledger. While the deck prov…
Key takeaways
- Adjusted revenue grew from $3.0 million in FY2021 to $11.9 million in FY2022 (Slide 7).
- The company achieved an adjusted EBITDA of $5.2 million in fiscal 2022 (Slide 7).
- EBBuild is positioned as a hybrid of blockchain and database technology, offering queryable ledgers with SQL-like dialects (Slide 13).
- The EBControl product targets data rights management and chain of custody for law enforcement and healthcare (Slide 16).
- The cap table shows a total of 23,354,038 shares outstanding on a fully converted basis as of April 30, 2022 (Slide 22).
- Series A Preferred stock carries a high conversion ratio of 50 shares of common stock for every one share of preferred (Slide 22).
- The board includes a former Senior Executive from the National Security Agency (NSA) with 40 years of government service (Slide 25).
- The business model for EBBuild includes recurring subscription fees, transaction fees, and OEM licensing (Slide 13).
Executive Summary and Market Positioning
The EBZT (Everything Blockchain) investor presentation from August/September 2022 serves as a progress report for a company in transition. Having recently rebranded and completed a series of acquisitions, EBZT attempts to move beyond the 'blockchain' buzzword by offering specific enterprise tools. The deck is structured to validate their financial performance first, followed by a deep dive into their three-pronged product strategy.
Slide 1: Title and Identity
The cover slide establishes the company's public status, noting the ticker (OTC: OBTX) and the brand name 'Everything Blockchain.' The imagery of interlocking 3D blocks is a standard industry trope, but the inclusion of the specific date (August/September 2022) indicates this was a live document used during a specific fundraising or investor relations cycle.
Slide 4: Demystifying Blockchain
This slide functions as an educational primer. It defines blockchain as a digital ledger or database that is duplicated across a network. The visual flow describes the transaction process: digital signatures, node validation, broadcasting, consensus, and finally, the chaining of the block. For an investor deck, this slide is somewhat elementary, suggesting the target audience may include generalist investors rather than crypto-native funds.
Slide 7: FY2022 Financial Performance
This is the 'traction' slide of the deck. EBZT reports significant growth figures: Adjusted revenue of $11.9 million , which is a 4x increase from the $3.0 million reported in FY2021. They also highlight an Adjusted EBITDA of $5.2 million . Beyond the numbers, the slide lists structural milestones: completing four acquisitions, adding five C-level executives, and appointing two independent directors. The mention of 'anticipation of up-listing to a senior exchange' is a clear signal of the company's intent to move from the OTC markets to a major exchange like the NASDAQ or NYSE.
Slide 10: The ABC’s of Everything Blockchain
EBAdvise: A consulting arm that supports customers in finding blockchain solutions and invests in new crypto tokens. · EBBuild: The core proprietary, patent-pending blockchain platform. · EBControl: A data control tool that ensures user data stays under their control 'Forever.'
This slide illustrates a 'house of brands' strategy, where the company provides the advice, the infrastructure, and the end-user applications simultaneously.
Slide 13: EBBuild Platform Deep Dive
This slide provides the technical and economic meat of the EBBuild platform. It describes the product as a marriage of blockchain and database technology. Key technical claims include:
Speed: Operation in less than single-digit milliseconds. · Queryability: The ability to use SQL-like dialects to filter blockchain data in real-time. · Security: Immutable zero-trust wrapping around each block.
The business model listed here is diverse, covering recurring subscriptions, transaction fees, revenue sharing, and OEM licensing. This suggests the company is looking for multiple ways to monetize the same underlying ledger technology.
Slide 16: EBControl Use Cases
To ground the technology in reality, Slide 16 offers two specific use cases for the EBControl product. The first is Data Rights Management , specifically for a partner distributing therapeutic sound files for autism treatment who needs to revoke access if a customer fails to pay. The second is Data Chain of Custody , aimed at law enforcement for consolidating video feeds from body cams and drones. These examples move the conversation from abstract 'blockchain' to concrete 'data security and access control.'
Slide 22: The Cap Table
Transparency regarding ownership is a highlight of this deck. As of April 30, 2022, the company shows 9,104,038 common shares outstanding. However, the 'fully converted' number is the one for investors to watch: 23,354,038 shares . A significant portion of this (43%) comes from Series A Preferred Stock, which has a conversion rate of 50 common shares for every 1 preferred share. This level of detail is rare in early-stage decks but expected for a publicly traded entity.
Slide 25: Board of Directors
The board slide emphasizes security and institutional experience. Richard Schaeffer, Jr. is highlighted for his 40 years of U.S. Government service, specifically with the NSA. Robert Adams is noted for managing a $100 million+ budget at Blue Cross/Blue Shield. This board composition is clearly designed to build trust with enterprise and government clients who are typically skeptical of blockchain startups.
What EBZT Does Well
The deck excels at providing a clear bridge between complex technology and traditional business metrics. By reporting an Adjusted EBITDA of $5.2 million (Slide 7), they separate themselves from the 'pre-revenue' blockchain startups that dominated the 2021-2022 era. The use of specific, high-stakes use cases like law enforcement chain of custody (Slide 16) provides a 'why now' that is often missing from infrastructure decks. Furthermore, the technical differentiation of EBBuild—specifically the SQL-like query capability—directly addresses the primary friction point for enterprises adopting DLT (Distributed Ledger Technology).
What Is Missing from the Deck
Despite the strong financial headlines, the deck is missing a granular breakdown of where the $11.9 million in revenue actually came from. With four acquisitions mentioned on Slide 7, it is unclear how much of the revenue is organic versus acquired, or how much is one-time consulting (EBAdvise) versus recurring software fees (EBBuild). There is also no mention of the competitive landscape. In the enterprise blockchain space, they are competing against heavyweights like Hyperledger, R3 Corda, and various Layer 2 solutions; the deck does not explain why a customer would choose EBZT over these established ecosystems. Finally, there is no 'Ask' slide in this version of the deck, though as a public company, this may have been handled in a separate prospectus or supplemental filing.
Founder Takeaways
Lead with the 'So What': EBZT doesn't just say they have a blockchain; they say they have a blockchain that works like a database (Slide 13). Founders should always translate technical specs into operational benefits (e.g., 'SQL-like query' instead of just 'efficient data retrieval').
Governance as a Sales Tool: If you are selling into highly regulated industries (healthcare, government, law enforcement), your board should reflect that. EBZT’s inclusion of an NSA veteran (Slide 25) is a powerful signal to their target customers.
Clarity on Dilution: The cap table on Slide 22 is a model of transparency. While the conversion ratios for the Series A are high, showing the 'fully converted' number builds trust with sophisticated investors who want to know exactly what their ownership percentage will look like after all instruments are exercised.
Frequently asked questions
- What is the core value proposition of EBBuild?
- EBBuild is described as a 'razor' platform that integrates blockchain with traditional database technology. Its primary differentiators are speed (less than single-digit milliseconds) and usability, allowing users to locate specific blocks using a familiar SQL-like dialect. This addresses the common criticism that traditional blockchains are slow and difficult to query compared to standard databases.
- How does EBZT generate revenue?
- The company utilizes a multi-stream revenue model. For its EBBuild platform, it charges recurring subscription fees, transaction fees, and licensing fees for Original Equipment Manufacturers (OEMs). Additionally, its EBAdvise arm generates revenue through consulting and potentially through investments in new crypto tokens that offer 'outsized returns' for shareholders.
- What significant corporate changes occurred in 2022?
- 2022 was labeled a 'Building & Positional Year.' Key activities included changing the company name to Everything Blockchain, completing four acquisitions, and expanding the C-suite with five new executive roles (COO, CIO, CSO, CTO, and CRO) to prepare for an up-listing to a senior exchange.
- Who is behind the governance of EBZT?
- The board is composed of individuals with backgrounds in government intelligence, law, and technology. Notable members include Richard Schaeffer, Jr., a 40-year veteran of the NSA, and Eric Jaffe, who has experience orchestrating technology buyouts for Managed Service Providers (MSPs). This suggests a focus on high-security enterprise and government contracts.
- What is the status of their intellectual property?
- The deck states that the EBBuild blockchain platform is 'proprietary' and 'patent-pending.' This intellectual property is the foundation for their 'blockchain and trust ecosystem,' which they intend to populate with a suite of solutions starting with EBControl.
