Qt Group Plc · OMXHEX:QTCOM
Qt — Q2 2019 Earnings Presentation
14 slides from Qt's earnings presentation, Aug 9, 2019
Slide 1: Q2 2019 Revenue grew according to expectations
Q2 2019 Revenue grew according to expectations 9.8.2019 Juha Varelius, President and CEO
Slide 2: Contents
Contents 1 Key Messages Q2 2019 2 Financials 3 Strategy and Outlook 2019
Slide 3: Key Messages Q2 2019
4 Key Messages Q2 2019
Slide 4: Net sales continues to grow
Net sales continues to grow Revenue grew according to › Revenue grew consistently in spite of the expectations exceptionally strong comparison figures of last year Quarterly revenue › Q2 revenue EUR 14 million, growth of 5% 16000 13376 13995 › H1 revenue EUR 27 million, growth of 13% 14000 12771 120
Slide 5: Operating result positive; headcount grew especially in APAC and North America
Operating result positive Headcount grew especially › Operating result was positive in APAC and North America › Q2 EUR 714 thousand (1 321) Number of employees (average) › H1 EUR 195 thousand (375) 350 323 300 289 › Growth investment focus on expanding our 250 sales and consulting network 200 180 ›
Slide 6: Video about LG webOS
Video about LG webOS @LG Electronics (J =. Strategic Partnership to strengthen webOS Ecosystem June 25", 2019
Slide 7: Financials
y Financials
Slide 8: Quarterly variation in revenue growth expected due to timing of large deals
Quarterly variation in revenue growth has been expected due to timing of large deals EUR 1,000 4–6/2019 4–6/2018 Change, % 1–6/2019 1–6/2018 Change, % 1–12/2018 Licence sales and consulting 9,630 9,777 -1.5 % 18,164 16,683 8.9 % 30, 635 Maintenance revenue 4,365 3,599 21.3 % 8,602 7,021 22.5 % 14, 9
Slide 9: First half 2019 Profit and Loss
First half 2019 Profit and Loss +12.9 % Revenue growth Expected quarterly variation in growth emphasized in Q2 › First half growth +8.3% in comparable currencies Investment › Investments required for growth have been pursued systematically › The number of personnel was 331 (296) at the end of the fi
Slide 10: H1 2019 Balance Sheet
H1 2019 Balance Sheet 10.1 M€ Cash at hand Non-current assets › Increase in assets (and liabilities) approx. 5,0 M€ in the opening balance sheet as at Jan 1, 2019 due to new IFRS 16 standard › No capitalized product development expenses in balance sheet Current assets › No significant, individual ri
Slide 11: Strategy & Outlook 2019
y Strategy & Outlook 2019
Slide 12: Strategic Goals for 2017 - 2021
Strategic Goals for 2017 - 2021 Revenue EBIT › Delivering on growth strategy is the most important goal › EBIT expected to show a loss in FY2019 due to growth › Selective use of M&A to support the growth investments Total expenses › Reach EBIT higher than 15% of Net Sales in FY2021 › Executing growt
Slide 13: Outlook 2019
Outlook 2019 › Expect revenue growth to accelerate in H2 › In comparable currencies, revenue in 2019 is estimated to increase by over 15 per cent year-on-year › The company’s operating result is expected still in 2019 to show a loss due to growth investments. › Quarterly variation in revenue growth
Slide 14: _ WE FUTURE
_ WE FUTURE _ IS WRITTEN WITH