Slide 1: Q3 2022 Results
Q3 2022 RESULTS Harold Goddijn – CEO Taco Titulaer – CFO 14 OCTOBER 2022
Slide 2: Operational highlights
Operational highlights • A new partnership with Hyundai Motor Group, who will equip all of their cars in Europe with our maps and traffic • Progress in Enterprise, supported by matured Maps API portfolio • Maps organization realignment finalized 2
Slide 3: Financial highlights
Financial highlights • Group revenue of €136m (Q3 ’21: €127m) • Location Technology revenue of €108m (Q3 ’21: €95m) • Automotive operational revenue of €75m (Q3 ’21: €58m) • Free cash flow¹ of €8m (Q3 ’21: outflow of €14m) • Net cash of €330m (Q2 ’22: €329m) 1 Free cash flow excludes restructuring c
Slide 4: Outlook 2022
Outlook 2022 Updated Previous Outlook Outlook in € million 2022 2022 Group revenue 505 – 520 470 – 510 Location Technology 410 – 425 380 – 420 revenue FCF as % of Group - 2% - 5% revenue1 1 Free cash flow excludes restructuring charges related to the Maps realignment announced in June 2022 4
Slide 5: Outlook 2023
Outlook 2023 Updated Previous Outlook Outlook in € million 2023 2023 Group revenue 500 – 550 500 – 550 Location Technology 425 – 475 425 – 475 revenue FCF as % of Group 0% + 5% revenue1 1 Free cash flow excludes restructuring charges related to the Maps realignment announced in June 2022 5
Slide 6: Thank you – Any questions?
Thank you – Any questions? 6
Slide 7: Revenue breakdown
Revenue breakdown YTD ’22 YTD ’21 YTD ’22 YTD ’21 20% 14% 16% 23% €397m €392m €397m €392m 80% 77% 86% 84% Location Technology Software & content Consumer Hardware 7
Slide 8: P&L
P&L General and administrative expenses include a €5 million gain in restructuring for Q3 '22 and a total restructuring charge of €26 million for YTD '22. 8
Slide 9: Balance Sheet
Balance Sheet (€ in thousands) 30-Jun-21 30-Sep-21 31-Dec-21 31-Mar-22 30-Jun-22 30-Sep-22 Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 91,933 80,771 70,478 66,521 58,010 50,147 Other contract related assets 20,239 22,257 23,818 25,782 28,634 28,329 Other non-current as
Slide 10: Cash flow
10 Cash flow (€ in thousands) Q2°21 Q3°21 4°21 Qi ‘22 YTD '22 YTD ‘21 Operating result -21,060 -22,544 35,347 -19,833 93,084 57,844 Financial gains/ (losses) -970 2,753 3,037 1,392 10,306 4,867 Depreciation and amortization 18,756 17,210 16,185 15,244 43,333 57,486 Change in provisions 4,277 -2,166
Slide 11: Outstanding shares
Outstanding shares 1 Shares held in treasury of 4,084,037 are taken into account when calculating the weighted average shares outstanding 2 In the money options based on average share price for the period 3 Weighted average diluted options based on the period outstanding 4 The average share price fo
Slide 12: Important Notice
Important Notice This document contains certain forward-looking statements with respect to the financial position and results of TomTom’s activities. We have based these forward-looking statements on our current expectations and projections about future events, including numerous assumptions regardi
Slide 13: TomTom NV
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands ir@tomtom.com +31 20 757 5194 www.tomtom.com/investors 13