Slide 1: TomTom Q1 2015 results
TomTom Q1 2015 results Harold Goddijn – CEO Marina Wyatt – CFO 21 April 2015
Slide 2: Operational highlights Q1 2015
Operational highlights Q1 2015 • PND market resilient; Sport gaining traction • Telematics installed base increased 39% year on year • Multiple new contract wins in Automotive announced • Transactional map platform technology; fast cycle times at low cost; enables maps to be published in real time;
Slide 3: Financial highlights Q1 2015
Financial highlights Q1 2015 • Group revenue of €205 million, flat year on year • Profitability adversely impacted by FX movements 1The Q1 '15 income and expenses in US dollar and GBP have been reconverted to euro using Q1 ’14 average exchange rates. All other foreign currencies have not been reconv
Slide 4: Full year outlook 2015 re-iterated
Full year outlook 2015 re-iterated • Revenue expected to grow to around €1 billion – Year on year growth is expected as of the second half of the year • Adjusted EPS¹ expected of around €0.20 • We will maintain the level of investment (both CAPEX and OPEX) in our core technologies ¹Earnings per full
Slide 5: Thank you
Thank you Any questions? TOMTOMY
Slide 6: Revenue breakdown – quarterly
Revenue breakdown – quarterly Q1 '15 group revenue: €205 million; Q1 '14: €205 million Breakdown by segment Breakdown by category Q1 '15 Q1 '14 Q1 '15 Q1 '14 15% 12% 13% 14% 48% 48% 52% 52% 59% 61% 14% 12% Consumer €122 million Consumer €125 million Automotive €24 million Automotive €29 million €29
Slide 7: Quarterly P&L statistics
Quarterly P&L statistics Last six quarters (€ in thousands) Q4 '13 Q1 '14 Q2 '14 Q3 '14 Q4 '14 Q1 '15 FY '14 REVENUE 267,563 205,378 251,951 234,564 258,399 205,275 950,292 Cost of sales 124,126 88,089 112,089 101,271 125,517 95,403 426,966 GROSS RESULT 143,437 117,289 139,862 133,293 132,882 109,87
Slide 8: Quarterly balance sheet statistics
Quarterly balance sheet statistics Last six quarters (€ in thousands) 31-Dec-13 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 ASSETS NON-CURRENT ASSETS Goodwill 381,569 381,569 381,569 381,569 381,569 381,569 Other intangible assets 803,635 798,468 799,394 786,997 800,583 797,524 Other non-curre
Slide 9: Quarterly cash flow statistics
Quarterly cash flow statistics Last six quarters (€ in thousands) Q4 '13 Q1 '14 Q2 '14 Q3 '14 Q4 '14 Q1 '15 FY '14 Operating result 4,233 1,511 10,232 7,843 1,528 -5,069 21,114 Financial gains/(losses) -3,179 380 -34 150 -2,452 1,970 -1,956 Depreciation and amortisation 29,083 28,184 26,673 33,158 2
Slide 10: Outstanding shares and adjusted earnings per share Q1 '15
Outstanding shares and adjusted earnings per share Q1 ‘15 Common shares outstanding end of Q4 '14 223,569,822 Common shares outstanding end of Q1 '15 225,591,782 Average shares outstanding in Q1 '15 224,429,448 (A) In the money share options end of Q4 '14 8,428,280 In the money share options end of
Slide 11: Disclaimer
Disclaimer This presentation contains certain forward-looking statements with respect to the financial condition, results of operations and business of TomTom NV and its subsidiaries (referred to as 'the company' or ‘the group’) and certain of the plans and objectives of the company with respect to