Qt Group Plc · OMXHEX:QTCOM
Qt — Q2 2022 Earnings Presentation
14 slides from Qt's earnings presentation, Aug 4, 2022
Slide 1: Q2 2022 Result presentation
Q2 2022 Result presentation Juha Varelius, CEO and Jouni Lintunen, CFO August 4, 2022
Slide 2: Agenda
Agenda 1 Q2/22 business highlights 2 Financials 3 Outlook and guidance for 2022
Slide 3: Q2/22 business highlights
4 Q2/22 business highlights
Slide 4: Solid business development in Q2 despite headwinds
Solid business development in Q2 despite headwinds › Sales in APAC impacted by increased uncertainty Net sales growth 9% › New customer acquisition on a good level › Profitability increased from Q1/22 as planned EBIT EUR 9 million › EBIT margin at 24% of net sales › Continuing growth investments in
Slide 5: Q2 Offering highlights
Q2 Offering highlights › Qt 6.3 – significant performance and quality improvements › Qt Design Studio 3.5 – new material editor for creating 3D scenes and several UX enhancements › Qt for Android Automotive 6.3.1 › Qt for MCUs 2.2 LTS
Slide 6: Qt collaborates with Bosch to provide a turn-key approach for creating digital cockpits
Qt collaborates with Bosch to provide a turn-key approach for creating digital cockpits › The partnership with Bosch enables carmakers to cost-effectively develop solution-ready next-generation digital cockpits › The Qt capabilities for MPUs and MCUs enable carmakers to create a rich user interface
Slide 7: Financials
y\ Financials
Slide 8: Net sales growth continued
Net sales growth continued Net sales growth, EUR million 120 › Net sales increased 9.3% in the second quarter, and 1.7% in comparable currencies 100 › Exchange rate impact EUR 2.5 million 80 Q4 › License sales and consulting EUR 31.6 million, growth 60 Q3 10.6% Q2 40 Q1 › In the first half of the ye
Slide 9: Q1-Q2/22 Income statement
Q1-Q2/22 Income statement EUR 1,000 H1/22 H1/21 Change,% Net sales 68,661 57,288 19.9% Other operating income 22 342 -93.5% Materials and services -3,392 -3,104 9.3% › Expenses developed according to Personnel expenses Depreciation, amortization and -34,812 -27,810 25.2% growth investment plans -3,3
Slide 10: Q2 Balance sheet
Q2 Balance sheet 30 Jun 30 Jun 31 Dec EUR 1,000 2022 2021 2021 Non-current assets 57,290 57,555 56,635 Current assets Trade receivables 29,116 › Current assets up by 2.4M€ vs end 26,971 20,032 Other receivables 17,418 14,266 14,091 of 2021 Cash and cash equivalents 18,615 20,073 17,374 › Cash up by
Slide 11: Market outlook and guidance for 2022
Market outlook and guidance for 2022
Slide 12: Market outlook
Market outlook › Our long-term growth prospects are unchanged and continue to be very promising › Increasing demand for devices with software-enabled displays across different industries is a major growth driver for Qt › Clear customer need for cross-platform software development tools › Uncertainty
Slide 13: Guidance for 2022 updated
Guidance for 2022 updated › We estimate that our full-year net sales for 2022 will increase by 20-30 percent year- on-year at comparable exchange rates and our operating profit margin will be 20-30 percent.
Slide 14: Thank you!
Thank you! Get in touch with us: pr@qt.io