Qt Group Plc · OMXHEX:QTCOM
Qt — Q2 2024 Earnings Presentation
12 slides from Qt's earnings presentation, Aug 8, 2024
Slide 1: Q2 2024 results
Q2 2024 results Juha Varelius, CEO Jouni Lintunen, CFO August 8, 2024
Slide 2: Agenda
Agenda 1. Q2/24 business highlights 2. Financials 3. Outlook and guidance for 2024 2
Slide 3: Q2/24 business highlights
Q2/24 business highlights Juha Varelius, CEO
Slide 4: Improved growth in the second quarter of 2024
Improved growth in the second quarter of 2024 § Personnel 837 on June 30 § Overview § Increase of 31 employees during Q2/24 § Net sales growth 23% § Clear net sales and EBITA § Continued focus on investing § Reached EUR 53 million improvement from Q1 in sales and other key quarterly net sales § Lice
Slide 5: Financials
Financials Jouni Lintunen, CFO August 8, 2024
Slide 6: Net sales growth continued
Net sales growth continued § Net sales increased 22.7% in M€ Q2/24, and 22.3% in comparable 200 180.7 180 currencies 160 155.3 § Exchange rate impact EUR 0.1 million 140 121.1 120 Q4 § License sales and consulting EUR 50.5 100 Q3 million, growth 26.2% 80 79.5 45.6 58.4 Q2 60 36.3 Q1 40 § Strong quar
Slide 7: Q2/24 Income statement
Q2/24 Income statement § Expenses § Personnel expenses development as per headcount EUR 1,000 Q2/24 Q2/23 Change, % H1/24 H1/23 Change, % increase Net sales 53 329 43 469 22,7 % 98 407 83 440 17,9 % Other operating income 10 12 -10,1 % 12 17 -28,7 % § Period end headcount 837, y-o-y +108/+15% Materi
Slide 8: Q2/24 Balance sheet
Q2/24 Balance sheet EUR 1,000 Non-current assets 30.6.2024 30.6.2023 31.12.2023 § H1 Operative cashflow +27.6MEUR Contract assets 4 016 4 066 6 257 Other non-current assets 93 907 101 642 98 098 Total non-current assets 97 924 105 707 104 356 § Assets Current assets Trade receivables 47 887 41 073 4
Slide 9: Market outlook and guidance for 2024
Market outlook and guidance for 2024
Slide 10: Market outlook
Market outlook § Long-term growth prospects look very promising • Strong demand for software design, development and quality assurance tools • Software becoming increasingly complex and incorporated into millions of everyday devices, the demand for quality assurance tools will grow § Challenges in m
Slide 11: Guidance for 2024
Guidance for 2024 §We estimate that § our net sales for 2024 will increase by 20-30 percent year-on-year at comparable exchange rates, and § our operating profit margin (EBITA-%) will be 25-35 percent. 11
Slide 12: Thank you!
Thank you! Get in touch with us: pr@qt.io