Slide 1: Q1 2025 Results
Q1 2025 Results Harold Goddijn – CEO Taco Titulaer – CFO 15 April 2025 1 © 2025 TomTom
Slide 2: Operational highlights for the quarter
Operational highlights for the quarter • Commercial success in Enterprise, supporting an array of location analytics and fleet management use cases, including EV charging network optimization and mobility planning for large events • Strengthened market position in Automotive, with easy-to- integrate
Slide 3: Financial highlights for the quarter
Financial highlights for the quarter • Group revenue of €140m (€139m in Q1 ’24) • Location Technology revenue of €121m (€119m in Q1 ’24) • Automotive operational revenue of €83m (€79m in Q1 ’24) • Free cash flow was an outflow of €3m (€9m outflow in Q1 ’24) • Net cash of €257m (€264m at the end of Q
Slide 4: 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 4 © 2025 TomTom
Slide 5: Thank you. Any questions?
Thank you Any questions? 5 © 2025 TomTom
Slide 6: Revenue breakdown
Revenue breakdown By segment By type Q1 ’25 Q1 ’24 Q1 ’25 Q1 ’24 13% 15% 10% 10% €140m €139m €140m €139m 87% 85% 90% 90% Location Technology Software & content Consumer Hardware 6 © 2025 TomTom
Slide 7: P&L
P&L (Ein thousands) Automotive ‘Location Technology 125,209 118,602 128,739 119,773 122,249 Consumer 18,170 20,683 23,440 20,906 19,990 Revenue 143,379 139,285 152,179 140,679 142,239 Cost of sales (16,511) (18,954) (31,132) (18,905) (17,885) Gross profit 126,868 120,331 121,047 121,774 124,354 Gros
Slide 8: Balance sheet
Balance sheet (€ in thousands) 31-Dec-23 31-Mar-24 30-Jun-24 30-Sep-24 31-Dec-24 31-Mar-25, Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets. 20,275 15,828 11,392 7,027 2,233 9,678 Other contract related assets 35,019 36,811 27,742 29,738 30,899 32,482 Lease assets, PP&E an
Slide 9: Cash flow
Cash flow (€ in thousands) Q4'23 Q1'24 Q2'24 Q3'24 Q4'24 Q1'25 Operating result (10,360) (4,914) (5,198) (4,109) (6,069) 5,717 Foreign exchange adjustments (1,343) 883 568 (854) (50) (729) Depreciation and amortization 10,091 8,905 8,870 8,855 8,923 4,616 Change in provisions (1,754) (371) (1,513) (
Slide 10: Outstanding shares
Outstanding shares 1 Shares held in treasury of 1,724,143 are taken into account when calculating the weighted average shares outstanding. 2 The average share price for the quarter was €4.91. 10 © 2025 TomTom
Slide 11: 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 12: TomTom NV, De Ruijterkade 154, Amsterdam
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands 12 © 2025 TomTom