Quarterly Financial Results Briefing

1st Quarter of FY2021

QD Laser, Inc.

August 2021

Copyright © 2021 QD Laser, Inc., All Rights Reserved.

Mission

With the power of the semiconductor laser, "I can't" becomes "I can".

Contents

  1. Financial Results for FY2021-Q1
  2. Semiconductor Laser Devices
  3. Laser Retinal Projection
  4. Further Growth Upside Expected
  5. 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.

1

Financial Results for FY2021-Q1

Financial Results Highlights for FY2021-Q1 vs FY2020-Q1

80% 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 business also increased due to sales to financial institutions.

34 Million JPY Operating Loss Improved

Operating loss improved due to an increase in sales and a reduction in labor costs and development costs.

204 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. However, it was only 2 million yen in the current fiscal year, and the quarterly net loss improved.

3

Financial Result Highlights for FY2021-Q1 vs FY2020-Q1

Sales Growth and Operating Loss Improved

80% sales growth driven by both businesses, and 34 million JPY operating loss improved.

Performance Summary

(Million JPY)

FY2021

FY2020

YOY

1st Quarter

1st Quarter

Sales

222

123

+80%

(+99)

Operating Loss

△200

△235

+34

Ordinary Loss

△202

△249

+46

Quarterly

△206

△410

+204

Net Loss

Sales by Product Group

(Million JPY)

FY2021

FY2020

YOY

1st Quarter

1st Quarter

DFB Laser

49

34

+44%

Compact Visible Laser

32

20

+60%

High-Power Laser

56

39

+44%

Quantum Dot Laser

12

19

-37%

NRE

55

0

-

Others

0

2

-100%

LD Total

206

117

+76%

LEW Total

16

6

+167%

Grand Total

222

123

+80%

4

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Disclaimer

QD Laser Inc. published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 07:15:03 UTC.