Slide 1: Q4 2024 Results
Q4 2024 Results Harold Goddijn – CEO Taco Titulaer – CFO 4 February 2025 1 © 2025 TomTom
Slide 2: Strategic priorities
Strategic priorities Enterprise Automotive Accelerating Easy-to-integrate Securing growth products high-value contracts • Beacon customers like • Competitive, standardized • Well-positioned in the Microsoft and Esri drive technology stack, market adoption delivering a better user • Trusted relations
Slide 3: Financial highlights for the quarter
Financial highlights for the quarter • Group revenue of €142m (down from €143m in Q4 ’23) • Location Technology revenue of €122m (down from €125m in Q4 ’23) • Automotive operational revenue of €88m (up from €83m in Q4 ’23) 3 © 2025 TomTom
Slide 4: Financial highlights for the year
Financial highlights for the year • Group revenue of €574m (down from €585m in FY ’23) • Location Technology revenue of €489m (down from €491m in FY ’23) • Automotive operational revenue of €326m (down from €343m in FY ’23) • Free cash flow1 of -€4m (down from an inflow of €32m in FY ’23) • Net cash
Slide 5: Automotive backlog
Automotive backlog 2.5 • Automotive backlog is defined as the cumulative 2.1 expected IFRS revenue from all awarded Automotive deals • Automotive awards do not include minimum volume or purchase commitments. Volumes are based on estimates of car sales and take rates • The year-on-year change of the
Slide 6: Outlook 2025
Outlook 2025 Outlook Actual in € million 2025 2024 Group revenue 505 – 565 574 Location Technology revenue 440 – 490 489 Free cash flow Break-even -4 6 © 2025 TomTom
Slide 7: Thank you Any questions?
Thank you Any questions? 7 © 2025 TomTom
Slide 8: Revenue breakdown
Revenue breakdown By segment By type FY ’24 FY ’23 FY ’24 FY ’23 15% 16% 10% 11% €574m €585m €574m €585m 85% 84% 90% 89% Location Technology Software & content Consumer Hardware 8 © 2025 TomTom
Slide 9: P&L
P&L (€ in thousands) Q3 '23 Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 FY '24 FY '23 Automotive 82,476 87,806 83,257 87,337 78,057 79,342 327,993 342,300 Enterprise 36,760 37,403 35,345 41,402 41,716 42,907 161,370 148,364 Location Technology 119,236 125,209 118,602 128,739 119,773 122,249 489,363 490,664 C
Slide 10: Balance sheet
Balance sheet (€ in thousands) 30-Sep-23 31-Dec-23 31-Mar-24 30-Jun-24 30-Sep-24 31-Dec-24 Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 25,170 20,275 15,828 11,392 7,027 2,233 Other contract related assets 33,478 35,019 36,811 27,742 29,738 30,899 Lease assets, PP&E and
Slide 11: Cash flow
Cash flow (€ in thousands) Q3 '23 Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 FY '24 FY '23 Operating result -8,738 -10,360 -4,914 -5,198 -4,109 -6,069 -20,290 -20,008 Foreign exchange adjustments 1,118 -1,343 883 568 -854 -50 547 -1,214 Depreciation and amortization 9,837 10,091 8,905 8,870 8,855 8,923 35,5
Slide 12: Outstanding shares
Outstanding shares 1 This includes the cancellation of 5.6% of issued capital (7.4 million shares) on August 8, 2024. 2 Shares held in treasury of 1,989,204 are taken into account when calculating the weighted average shares outstanding. 3 The average share price for the quarter was €5.19 and the av
Slide 13: Important notice
Important notice Disclaimer 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 assumpti
Slide 14: TomTom NV
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands 14 © 2025 TomTom