Qt Group Plc · OMXHEX:QTCOM
Qt — Q2 2020 Earnings Presentation
15 slides from Qt's earnings presentation, Aug 6, 2020
Slide 1: Q2 2020: Strong growth in net sales continued, EBIT also grew substantially
Q2 2020 Strong growth in net sales continued, EBIT also grew substantially 7.8.2020 Juha Varelius, President and CEO
Slide 2: Contents
Contents 1 Key messages Q2 2020 2 Financials 3 Outlook 2020 4 Qt World Summit Online 2 6 August 2020 © The Qt Company
Slide 3: Key messages Q2 2020
y Key messages Q2 2020
Slide 4: Net sales growth continues
Net sales growth continues Quarterly net sales › Net sales grew despite of the uncertainty caused by COVID-19 70 Revenue by Quarter › Q2 net sales EUR 18 million, growth of 29% 60 › H1 net sales EUR 36 million, growth of 36% 50 Q4 40 Q3 › Strong growth in all regions 30 Q2 20 Q1 › H1 performance pro
Slide 5: Operating result positive; headcount growth in APAC
Operating result positive Headcount growth in APAC › Operating result was positive Number of employees (average) › Q2 EUR 3 620 thousand (714) 400 344 › H1 EUR 5 794 thousand (195) 350 323 300 › COVID-19 has caused some delays to growth 250 investments 200 180 197 150 92 96 › Growth investment focus
Slide 6: New Product Releases
New Product Releases Qt 5.15 LTS released in May › The last release of the Qt 5 series and a stepping stone towards Qt 6 › Provides long-term support for three years to all commercial license holders, including the new Qt for Small Business › Most significant changes are on the graphics side Qt Desi
Slide 7: Financials
y Financials
Slide 8: Strong revenue growth in Q2 and H1
Strong revenue growth in Q2 and H1 1– EUR 1,000 4–6/2020 4–6/2019 Change, % 1–6/2020 1–6/2019 Change, % 12/2019 License sales and 13,002 9,630 35.0 % 26,407 18,164 45.4 % 40,503 consulting Maintenance 5,079 4,365 16.4% 10,030 8,602 16.6 % 17,870 revenue Group total 18,081 13,995 29.2 % 36,437 26,766
Slide 9: H1 2020 Income statement
H1 2020 Income statement Consolidated income statement › Strong growth continues in all M€ 1–6/2020 1–6/2019 geographical regions Net sales 36,4 26,8 Other operating income 0,4 0,5 › Implementation of growth strategy Materials and services -2,3 -1,2 continues despite COVID-19 Personnel expenses -20,
Slide 10: H1 2020 Balance Sheet
H1 2020 Balance Sheet Consolidated Balance Sheet 30 June, 31 December, M€ 2020 2019 Non-current assets 17,4 19,0 Current assets › Current assets Trade receivables 13,5 13,8 › Trade receivables at end last year’s level, no Other receivables 6,3 5,3 significant, individual risk exposure Cash and cash
Slide 11: Outlook 2020
y Qt Outlook 2020
Slide 12: Outlook 2020
Outlook 2020 › The company keeps its outlook unchanged and estimates that net sales in 2020 will increase by more than 20 percent year-on- year at comparable exchange rates and that the operating result will be positive in 2020. 12 6 August 2020 © The Qt Company
Slide 13: Qt World Summit Online
Qt World Summit Online
Slide 14: Qt World Summit Online
Qt World Summit Online 22 October, 2020 (Will be run twice; on EMEA/APAC timezone and US timezone) Join the first immersive 3D Qt World Summit! Fly your avatar to Palm Springs to a half day event with almost 20 talks on software development & UI design. qt.io/qtws20 14 6 August 2020 © The Qt Company
Slide 15: Thank you!
Thank you! Qt Developer Accelerator Get in touch with us pr@qt.io