Qt Group Plc · OMXHEX:QTCOM
Qt — Q4 2020 Earnings Presentation
13 slides from Qt's earnings presentation, Feb 18, 2021
Slide 1: Q4 2020: Growth continued and profitability exceeded the expectations
Q4 2020 Growth continued and profitability exceeded the expectations 18.2.2021 Juha Varelius, President and CEO
Slide 2: Contents
Contents Key messages Q4 2020 Financials Outlook 2021 2 © The Qt Company
Slide 3: Key messages Q4 2020
y Key messages Q4 2020
Slide 4: Net sales growth continues
Net sales growth continues Quarterly net sales › Net sales growth remained very strong in the 80,0 fourth quarter 75,0 Revenue by Quarter 70,0 › Q4 net sales EUR 24 million, growth of 41% 65,0 60,0 › Q1-Q4 net sales EUR 79 million, growth of 36% 55,0 50,0 Q4 45,0 40,0 Q3 35,0 › Strong growth in all
Slide 5: Strong operating result, Headcount growth in APAC
Strong operating result Headcount growth in APAC › Operating margin 21.4 % driven by strong revenue growth Number of employees (End of period) › Q4 operating result EUR 6 134 thousand (-48) 400 340 366 › Full year operating result EUR 17 017 thousand (219) 300 190 209 200 100 99 100 50 58 › Growth i
Slide 6: Product Release Highlights
Q4 2020 Product Release Highlights Qt 6 released in December The latest major release of Qt has been rearchitected from the ground up for software development productivity and scalability, ensuring it will meet & exceed market needs for years to come. Technical highlights include leveraging C++17, i
Slide 7: Financials
y Financials
Slide 8: Strong revenue growth in Q4 and FY2020
Strong revenue growth in Q4 and FY2020 EUR 1,000 10–12/2020 10–12/2019 Change, % 1–12/2020 1–12/2019 Change, % License sales and consulting 18 860 12 140 55.4 % 59 494* 40 503* 46.9 % Maintenance revenue 4 959 4 767 4.0 % 19 961 17 870 11.7 % Group total 23 819 16 907 40.9 % 79 455 58 373 36.1 % *of
Slide 9: Q1-Q4 2020 Income statement
Q1-Q4 2020 Income statement Consolidated income statement › Strong growth continues in all 1–12/2020 1–12/2019 geographical regions M€ Net sales 79,5 58,4 Other operating income 0,5 1,3 › Implementation of growth strategy Materials and services -4,5 -3,1 continues despite COVID-19 Personnel expenses
Slide 10: Q4 2020 Balance Sheet
Q4 2020 Balance Sheet Consolidated Balance Sheet 31 Dec, 31 Dec, M€ 2020 2019 Non-current assets 14,4 19,0 Current assets › Current assets Trade receivables 17,8 13,8 › Increase in trade receivables driven by increase Other receivables 7,2 5,3 of net sales, no significant, individual risk exposure C
Slide 11: Outlook 2021
y Qt Outlook 2021
Slide 12: Outlook 2021
Outlook 2021 › We estimate that the impacts of the COVID- 19 epidemic on the general market situation as well as the company’s business will continue during the first half of 2021, after which the situation will start to get better during the second half of the year. › We estimate that our full-year
Slide 13: Thank you!
Thank you! Qt Developer Accelerator Get in touch with us pr@qt.io