Quarterly Financial Results Briefing 1st Quarter of FY2022

QD Laser, Inc.

August 2022

Copyright © 2022 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 FY2022-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 FY2022-Q1

Financial Results Highlights for FY2022-Q1 vs FY2021-Q1

01 4% Sales Decreased

In the Laser Device (LD) business, orders for DFB lasers for precision machining and compact visible lasers for bio-inspection equipment increased, while orders for high-power lasers for sensors and NRE (Non-Recurring Engineering) decreased. Laser Eyewear (LEW) business grew 7%, but company-wide sales fell year on year.

02 37 million JPY Operating Loss Improved

Operating loss improved due to improvement in gross profit margin due to changes in product mix and reduction in selling, general, and administrative expenses centered on transfer agent costs and labor costs. The LD business posted an operating profit of 7 million yen.

03 56 million JPY Quarterly Net Loss Improved

In addition to the operating loss reduction, the net loss improved due to the foreign exchange gains from the yen depreciation.

3

Financial Result Highlights for FY2022-Q1 vs FY2021-Q1

Sales decreased and loss improved compared to the same period of the previous year.

Sales increased in the LEW business but decreased in the LD business, resulting in an overall decrease of 4% year-on-year. LD business posted an operating profit of 7 million yen, and company-wide operating loss improved by 37 million yen year-on-year.

Performance Summary

FY2022

FY2021

(Million JPY)

YOY

Q1

Q1

Sales

213

222

△4%

(△9)

195

(LD)

206

△5%

(LEW)

17

16

+7%

Operating Profit

△163

△200

+37

or Loss (△)

7

(LD)

△37

+44

(LEW)

△81

△73

△7

Ordinary Loss (△)

△148

△202

+54

Quartery Net

△149

△206

+56

Loss (△)

Sales by Product Group

(Million JPY)

FY2022

FY2021

YOY

Q1

Q1

DFB Laser

79

49

+61%

Compact Visible Laser

64

32

+95%

High-Power Laser

39

56

△30%

Quantum Dot Laser

12

12

+5%

NRE

0

55

△100%

LD Total

195

206

△5%

LEW Total

17

16

+7%

Grand Total

213

222

△4%

4

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original Link
  • Original Document
  • Permalink

Disclaimer

QD Laser Inc. published this content on 10 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2022 08:25:45 UTC.