Qt Group Plc · OMXHEX:QTCOM

Qt — Q4 2022 Earnings Presentation

14 slides from Qt's earnings presentation, Feb 16, 2023

  1. Slide 1: Q4 2022 and FY2022 results

    Q4 2022 and FY2022 results Juha Varelius, CEO Jouni Lintunen, CFO February 16, 2023

  2. Slide 2: Agenda

    Agenda 1. Q4/22 and FY2022 business highlights 2. Financials 3. Outlook and guidance for 2023 © The Qt Company 16 February 2023 2

  3. Slide 3: Q4/22 and FY2022 business highlights

    Q4/22 and FY2022 business highlights Juha Varelius, CEO

  4. Slide 4: Record-high quarterly net sales in Q4/22

    Record-high quarterly net sales in Q4/22  Personnel 688 at year-end  EBIT was EUR 17 million  Increase of 37 employees during Q4/22  Net sales growth 39%  EBITA reached EUR 19 million against a tough comparison  EBIT-margin at 33% period  Reached EUR 51 million quarterly net sales  Growth at

  5. Slide 5: Great success in strategy execution in 2022

    Great success in strategy execution in 2022  Significant growth  Success in expanding the investments in sales and  Distribution license sales customer base R&D reached EUR 30 million in  Diverse industry and area  193 headcount increase during spread in the customer base the year, of which 42

  6. Slide 6: Q4 Product and event highlights

    Q4 Product and event highlights  Qt World Summit 2022 virtual event was well received  Participants from 113 countries, mostly developers and engineers  Presentations from our customers and partners: GE Healthcare, Infineon, Autodesk, and Bricsys (part of Hexagon)  Squish 7.1  Axivion Suite 7.5

  7. Slide 7: Financials

    Financials Jouni Lintunen, CFO Place for date

  8. Slide 8: Net sales growth continued

    Net sales growth continued  Net sales increased 38.9% in Q4/22, M€ 155.3 and 31.5% in comparable currencies 150  Exchange rate impact EUR 2.1 million 121.1 120  License sales and consulting EUR 46.9 Q4 million, growth 49.2% 90 79.5 Q3 58.4 60 45.6 Q2 36.3  FY 2022 net sales increased 28.2%, 30 Q

  9. Slide 9: Q4/22 and 2022 Income statement

    Q4/22 and 2022 Income statement EUR 1,000 Q4/22 Q4/21 Change, % 2022 2021 Change  Expenses ,% Net sales 51,349 36,960 38.9% 155,318 121,139 28.2%  Growth strategy implementation continued as planned Other operating income 13 56 -76.2% 64 424 -84.9%  Headcount +39% Materials and services -1,919 -1

  10. Slide 10: Q4/22 Balance sheet

    Q4/22 Balance sheet EUR 1,000 Q4/22 Q4/21  Non-current assets driven by Axivion acquisition Non-current assets 111,505 56,635 Current assets Trade receivables 39,916 29,116  Current assets up by EUR 6.0 million Other receivables 17,866 14,091 Cash and cash equivalents 8,815 17,374 Total current as

  11. Slide 11: Market outlook and guidance for 2023

    Market outlook and guidance for 2023

  12. Slide 12: Market outlook

    Market outlook  Our long-term growth prospects are very promising  Increasing demand for devices with software-enabled displays across different industries is a major growth driver for Qt Design and Development tools  As the amount of software in the world grows and the pace of software releases

  13. Slide 13: Guidance for 2023

    Guidance for 2023 We estimate that  our net sales for 2023 will increase by 20-30 percent year-on-year at comparable exchange rates, and  our operating profit margin (EBITA-%) will be 20-30 percent. © The Qt Company 16 February 2023 13

  14. Slide 14: Thank you!

    Thank you! Get in touch with us: pr@qt.io

Qt Group — Q4 2022 Earnings Presentation on 6ix