Qt Group Plc · OMXHEX:QTCOM
Qt — Q4 2021 Earnings Presentation
18 slides from Qt's earnings presentation, Feb 17, 2022
Slide 1: Q4 2021 Strong growth continued
() The Future is Written with Qt Q4 2021 Strong growth continued Juha Varelius, CEO February 17, 2022
Slide 2: Agenda
Agenda 1 Business highlights 2021 2 Financials 3 Outlook 2022 4 Strategy update
Slide 3: Business highlights 2021
Business highlights 2021
Slide 4: Strong results in 2021
Strong results in 2021 Net sales EBIT Operating Personnel +52% EUR 29 M margin 24% +130
Slide 5: Delivering on our growth strategy in 2021
Delivering on our growth strategy in 2021 › Net sales increased 52% to EUR 121 million › Highest growth in EMEA › Great success in new customer acquisition › Investing in further top-line growth our #1 priority › Focus on expanding product portfolio and total addressable market › froglogic acquisiti
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Slide 7: Attracting and maintaining key personnel
Attracting and maintaining key personnel + 36% Total headcount Employee Voluntary attrition growth, majority in engagement rate on a good level Sales and R&D increased
Slide 8: Financials
y Financials
Slide 9: Net sales growth continued
Net sales growth Net sales growth continued 120 EUR million › Net sales growth 55% in the fourth quarter, and 100 51% in comparable currencies 80 Q4 › License sales and consulting EUR 31 million, growth 67% 60 Q3 › Developer license sales exceeded expectations Q2 40 Q1 20 › FY 21 license sales and c
Slide 10: 2021 Income statement
2021 Income statement › Strong growth continues in all Consolidated income statement geographical regions driven by EMEA M€ 2021 2020 Change and developer licenses Net sales 121,1 79,5 52,5 % › distribution licenses sales up by 40% to Other operating income 0,4 0,5 -8,4 % 21MEUR Materials and servic
Slide 11: 2021 Balance sheet
2021 Balance sheet M€ 31 Dec 2021 31 Dec 2020 Non-current assets 56,6 14,4 Current assets Trade receivables 29,1 17,8 › Non-current assets up due to froglogic Other receivables 14,1 7,2 acquisition Cash and cash equivalents 17,4 22,0 › Current assets Total current assets 60,6 47,0 › Increase in rece
Slide 12: Outlook for 2022
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Slide 13: Outlook 2022
Outlook 2022 › We estimate that our full-year net sales for 2022 will increase by 30-40 percent year- on-year at comparable exchange rates and our operating profit margin will be 20-30 percent.
Slide 14: Strategy 2025
Strategy 2025
Slide 15: Mission & Vision for Qt 2025
Qt STRATEGY UPDATE Mission & Vision for Qt 2025 Mission: Increase the Productivity of our customers’ Product Development Process • From Design to Development, Quality Assurance to Deployment • Enable creation of stunning Embedded Devices with productivity of Mobile and Desktop app development today
Slide 16: Qt Strategy 2025
Qt STRATEGY UPDATE Qt Strategy 2025 Cornerstones of Qt business - scaling in three business model dimensions with recurring revenue streams • Subscriptions: Qt framework, QA Tools, Design Studio • Distribution licenses: Qt framework for embedded devices • Transactional: e.g. Digital Advertising Fina
Slide 17: Thank you!
Thank you! Qt Developer Accelerator Get in touch with us pr@qt.io
Slide 18: Key Financials
KEY FINANCIALS Key Financials Thousand EUR 2021 2020 2019 2018 2017 2016 Revenue* 121 139 79 455 58 373 45 590 36 259 32 395 *Of which Distribution licenses 21 431 15 255 14 556 11 990 9 396 N/A Growth% 52,5% 36,1% 28,0% 25,7 % 11,9 % 20,3 % Other operating income 424 463 1 279 1 205 1 128 528 Mater