Qt Group Plc · OMXHEX:QTCOM
Qt — Q4 2024 Earnings Presentation
13 slides from Qt's earnings presentation, Feb 13, 2025
Slide 1: Q4 2024 & FY 2024 results
Q4 2024 & FY 2024 results Juha Varelius, CEO Jouni Lintunen, CFO February 13, 2025
Slide 2: Agenda
Agenda → Business highlights → Financials → Outlook and guidance for 2025
Slide 3: Business highlights
Business highlights Juha Varelius, CEO
Slide 4: Q4 - Net sales growth slightly lower than estimated, operating profit at a record level
Q4 - Net sales growth slightly lower than estimated, operating profit at a record level ▪ Personnel 869 on ▪ Overview December 31 ▪ Net sales growth 15.5% ▪ Challenging markets impacted ▪ Increase of 11 employees distribution license and during Q4/24 ▪ Reached EUR 68.5 million consulting sales ▪ Con
Slide 5: FY 2024 – Steady growth despite weaker than estimated results
FY 2024 – Steady growth despite weaker than estimated results Strengthening ecosystem Continued growth ▪ Infineon, Qualcomm, LG Overview investments ▪ Expanded educational license base ▪ Net sales 209.1 MEUR, increase of ▪ QA sales and expansion outside ▪ Strong growth in Qt Academy 15.7 percent in
Slide 6: Financials
Financials Jouni Lintunen, CFO February 13, 2025
Slide 7: Net sales growth continued
Net sales growth continued ▪ Net sales increased 15.5% in Q4/24, M€ and 14.2% in comparable currencies 220 209.1 ▪ Exchange rate impact EUR 0.7 million 200 180.7 180 ▪ License sales and consulting EUR 65.3 155.3 million, growth 15.8% 160 140 Q4 121.1 120 Q3 100 ▪ FY 2024 net sales increased 15.7%, a
Slide 8: Q4/24 and FY 2024 Income statement
Q4/24 and FY 2024 Income statement EUR 1,000 Q4/24 Q4/23 Change, % FY24 FY23 Change, % ▪ Expenses Net sales 68 480 59 264 15,5 % 209 063 180 743 15,7 % ▪ Growth strategy implementation continued as Other operating income 7 333 -97,8 % 20 356 -94,3 % planned Materials and services -1 133 -1 249 -9,2
Slide 9: Q4/24 Balance sheet
Q4/24 Balance sheet EUR 1,000 31/12/2024 31/12/2023 ▪ Operative cashflow +53.7MEUR Non-current assets Contract assets 3 250 6 257 Other non-current assets 90 306 98 098 ▪ Assets Total non-current assets 93 556 104 356 Current assets ▪ Ending cash balance 64.9MEUR Trade receivables 54 353 47 901 ▪ Tr
Slide 10: Market outlook and guidance for 2025
Market outlook and guidance for 2025
Slide 11: 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 12: Guidance for 2025
Guidance for 2025 ▪We estimate that ▪ our net sales for 2025 will increase by 15-25 percent year-on-year at comparable exchange rates, and ▪ our operating profit margin (EBITA-%) will be 30-40 percent. 12
Slide 13: Thank you!
Thank you! Get in touch with us: pr@qt.io