AmeriTrust Financial Technologies (AMT) investor relations material

Business overview and strategy

• Focuses on used vehicle auto leasing using proprietary technology, targeting an underserved market segment with limited competition.

• Achieved national recognition as Tesla's National Lease Partner in 2018 and has since expanded to 42 states and Washington, D.C.

• Offers three main revenue streams: origination and financing (AmeriTrust Financial), servicing (AmeriTrust Serves), and remarketing (AmeriTrust Auto).

• Proprietary platform automates lease originations, underwriting, funding, and servicing, enabling rapid decisioning and funding for dealers.

• Integrates with major dealer systems and provides side-by-side loan and lease options for consumers.

Financial and operational performance

• In Q1 2026, received 1,430 applications totaling $56M in potential funding, approved 191, and funded 16 leases.

• Weighted average credit score of funded customers was 752, with an average contract rate of 8.71% and net capitalized cost of $88,059.

• Generated $101,985 in lease origination income in Q1 2026, with total contracted cash flows of $1.78M.

• Lease originations in April 2026 nearly matched the entire Q1 total, indicating accelerating growth.

• Early remarketing operations showed an 83% increase in gross revenue per transaction.

Market opportunity and competitive landscape

• US vehicle sales projected at 53M units in 2025, with used vehicles accounting for 37M and a total market value of $1.72T.

• Used car leasing penetration remains low (1.5–1.7% in 2025), presenting significant growth potential.

• Used car leasing offers lower monthly payments and down payments, addressing affordability challenges amid high vehicle prices and interest rates.

• Platform outperforms competitors by offering broader lessee analysis, superior technology, and value chain capture through resale and protection products.