Slide 1: Q4 2022 Results
Q4 2022 Results Harold Goddijn – CEO Taco Titulaer – CFO 3 February 2023
Slide 2: Strategic overview
Strategic overview Strong Innovative Profitable foundation for growth technologies growth • Record Automotive backlog • Improved maps built on new platform • Continuing top-line growth • Capitalizing on trends shaping the • Supporting more use cases for our • Realizing operating leverage Automotive
Slide 3: Financial highlights for the quarter
Financial highlights for the quarter • Group revenue of €139m (Q4 ’21: €115m) • Location Technology revenue of €118m (Q4 ’21: €91m) • Automotive operational revenue of €82m (Q4 ’21: €71m) 3 © 2023 TomTom
Slide 4: Financial highlights for the year
Financial highlights for the year • Group revenue of €536m (FY ’21: €507m) • Location Technology revenue of €436m (FY ’21: €394m) • Automotive operational revenue of €296m (FY ’21: €266m) • Free cash flow1 of -€29m (FY ’21: €24m) • Net cash of €304m (FY ’21: €356m) 1 Free cash flow excludes restruct
Slide 5: Automotive backlog
Automotive backlog 2,400 • Automotive backlog is defined as the cumulative expected IFRS revenue from all awarded 1,900 Automotive deals • Automotive awards do not include minimum volume or purchase commitments. Volumes are 58% based on estimates of car sales and take rates • Year-on-year change of
Slide 6: Outlook 2023
Outlook 2023 Outlook Actual in € million 2023 2022 Group revenue 540 - 580 536 Location Technology 455 - 485 436 revenue FCF as % of Group 0% - +5% -5% revenue1 1 Free cash flow excludes restructuring charges related to the Maps realignment announced in June 2022 6 © 2023 TomTom
Slide 7: Ambition 2025
Ambition 2025 600 +10% CAGR >10% 455 - 485 436 0% - +5% -5% 2022 2023 2025 2022* 2023* 2025 Location Technology revenue Free cash flow in € million in % of group revenue *Note: Free cash flow excludes restructuring charges related to the Maps realignment announced in June 2022 7 © 2023 TomTom
Slide 8: Thank you Any questions?
Thank you Any questions? 8 © 2023 TomTom
Slide 9: Revenue breakdown
Revenue breakdown By segment By type FY ’22 FY ’21 FY ’22 FY ’21 19% 13% 15% 22% €536m €507m €536m €507m 81% 78% 87% 85% Location Technology Software & content Consumer Hardware 9 © 2023 TomTom
Slide 10: P&L
P&L (€ in thousands) Q3 '21 Q4 '21 Q1 '22 Q2 '22 Q3 '22 Q4 '22 FY '22 FY '21 Automotive 52,368 47,051 60,511 59,951 62,446 77,070 259,978 223,056 Enterprise 42,994 43,513 44,733 45,344 45,894 40,453 176,424 170,916 Location Technology 95,361 90,564 105,244 105,295 108,340 117,523 436,402 393,972 Con
Slide 11: Balance sheet
Balance sheet (€ in thousands) 30-Sep-21 31-Dec-21 31-Mar-22 30-Jun-22 30-Sep-22 31-Dec-22 Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 80,771 70,478 66,521 58,010 50,147 42,917 Other contract related assets 22,257 23,818 25,782 28,634 28,329 30,627 Other non-current as
Slide 12: Cash flow
Cash flow (€ in thousands) Q3 '21 Q4 '21 Q1 '22 Q2 '22 Q3 '22 Q4 '22 FY '22 FY '21 Operating result -22,544 -35,347 -19,833 -55,466 -17,785 -4,529 -97,613 -93,191 Financial gains/ (losses) 2,753 3,037 1,392 4,574 4,340 -3,933 6,373 7,904 Depreciation and amortization 17,210 16,185 15,244 14,369 13,7
Slide 13: Outstanding shares
Outstanding shares Q4 '22 YTD '22 Common shares outstanding at the end of the period 132,366,672 132,366,672 Shares in issue at the beginning of the period 128,282,635 126,949,550 Shares in issue at the end of the period 128,392,291 128,392,291 Average shares in issue during the period 1 128,369,562
Slide 14: 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 15: TomTom NV
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands 15 © 2023 TomTom