Qt Group Plc · OMXHEX:QTCOM
Qt — Q4 2019 Earnings Presentation
9 slides from Qt's earnings presentation, Feb 14, 2020
Slide 1: The Future is Written with Qt – Q4 2019
() The Future is Written with Qt Q4 2019 Strong performance in 2019 Juha Varelius, President and CEO Mika Harjuaho, CFO 14.2.2020
Slide 2: Key Financials
Revenue KEY FINANCIALS 2019 5058 373 000 +28% 2018 45 590 +26% 2017 36 259 +12% Thousand EUR ACT 2015 ACT 2016 ACT 2017 ACT 2018 ACT 2019 Revenue* 26 934 32 395 36 259 45 590 58 373 2016 32 395 +20% *Of which Distribution licenses N/A N/A 9 396 11 990 14 556 2015 26 934 +32% Growth% 32,0 % 20,3 % 11
Slide 3: Q4 Revenue grew by 52%
Q4 REVENUE Revenue grew by 52% Quarterly revenue All-time high revenue in Q4 2019, growth 18000 16907 in comparable currencies +49% 16000 14700 13995 Record net sales were generated from a 14000 13376 12771 number of transactions in all our geographical areas and in a variety of industries 12000 107
Slide 4: Operating result close to break even in Q4
OPERATING RESULT & HEADCOUNT Operating result close to break even in Q4 Number of employees (average) 350 331 295 300 Operating result developing positively 250 - Q4 EUR -48 thousand (-1 651) 200 185 - 1-12 2019 EUR 219 thousand (-2 322) 163 150 Growth investment focus on expanding our sales and 90
Slide 5: Annual Revenue growth
ANNUAL REVENUE 2019 +28.0% Revenue growth EUR 1,000 10-12/2019 10-12/2018 Change % 1-12/2019 1-12/2018 Change % Licence sales and consulting 12 140 7 036 72,5 % 40 503* 30 635* 32,2 % Maintenance revenue 4 767 4 102 16,2 % 17 870 14 955 19,5 % Group total 16 907 11 138 51,8 % 58 373 45 590 28,0 % *d
Slide 6: Full year 2019: Profit and loss
PROFITABILITY Full year 2019: Profit and loss Implementation of growth strategy on track Full year growth +24% in comparable currencies Revenue growth was based on a broad global customer base representing many different industries Investment Investments required for growth have been pursued systema
Slide 7: 2019 Balance Sheet
BALANCE SHEET 2019 Balance Sheet Non-current assets v No capitalized product development expenses in balance sheet Assets related to IFRS 16 leases amounted to 3,6 MEUR as at 31 Dec, 2019 Current assets No significant, individual risk exposure in accounts receivable Solid cash position Current liabi
Slide 8: Outlook 2020
OUTLOOK 2020 In comparable currencies, revenue in 2020 is estimated to increase by over 20 per cent year-on-year. The company’s operating result is expected to show a profit in 2020 Quarterly variation in revenue growth continues due to timing of large deals impacting performance of isolated quarter
Slide 9: Thank you!
Thank you! Qt Developer Accelerator