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 Quantum Dot 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.
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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.
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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% |
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