Business
Quarterly Financial Results Briefing 2nd Quarter of FY2021
Quarterly Financial Results Briefing 2nd Quarter of
About this update from Qd Laser, Inc.
Quarterly Financial Results Briefing 2nd Quarter of FY2021 QD Laser, Inc. November 2021 Copyright © 2021 QD Laser, Inc., All Rights Reserved. Mission With the power of the semiconductor laser, "I can't" becomes "I can". Contents Financial Results for FY2021-Q2 Semiconductor Laser Devices Laser Retinal Projection Further Growth Upside Expected ESG Initiatives What was once thought to be impossible is now a reality; we have become the only company in the world to successfully mass produce Q uantum D ot LASERs . Our laser technology will enable dramatic improvements in our ability to process information, support visually impaired people, prevent eye diseases, and enhance vision, continually pushing the boundaries of human possibility. 1 Financial Results for FY2021-Q2 Financial Results Highlights for FY2021-Q2 vs FY2020-Q2 61% Sales Growth Orders increased for the laser device business in DFB lasers for high-precision processing, compact visible lasers for biosensors, high-power lasers for sensors, and NRE (Non-Recurring Engineering). The laser eyewear (LEW) business also increased due to sales to financial institutions. 115 Million JPY Operating Loss Improved Operating loss improved due to an increase in sales and a reduction in depreciation and development costs. Laser device (LD) business achieved the operating profit in the 1st half of the year for the first time since the establishment. 320 Million JPY Quarterly Net Loss Improved The same period of the previous year recorded an impairment loss on fixed assets of 161 million yen in the laser eyewear business, and net loss improved in the current year. 3 Financial Result Highlights for FY2021-Q2 vs FY2020-Q2 Sales Growth and Operating Loss Improved 61% sales growth driven by both businesses. LD business achieved the first operating profit in the 1st half of the year since the establishment, and operating loss improved by 115 million JPY. Performance Summary FY2021 FY2020 (Million JPY) YOY Q1-Q2 Q1-Q2 Sales 547 339 +61% (＋207) (LD) 513 325 +58% (LEW) 33 14 +131% Operating Profit △276 △392 +115 or Loss (△) (LD) 6 △54 +60 (LEW) △138 △226 +88 Ordinary Loss (△) △276 △419 +143 Quarterly △260 △581 +320 Net Loss (△) Sales by Product Group (Million JPY) FY2021 FY2020 YOY Q1-Q2 Q1-Q2 DFB Laser 161 125 +29% Compact Visible Laser 71 37 +92% High-Power Laser 146 91 +60% Quantum Dot Laser 54 63 -14% NRE 79 4 +1875% Others 0 2 -100% LD Total 513 325 +58% LEW Total 33 14 +136% Grand Total 547 339 +61% 4 This is an excerpt of the original content. To continue reading it, access the original document here .