Slide 1: Q2 2022 Results
Q2 2022 RESULTS Harold Goddijn – CEO Taco Titulaer – CFO 15 JULY 2022
Slide 2: Operational highlights
Operational highlights • Improvements in our mapmaking process, resulting in a realignment of our organization • The launch of our Navigation SDK for mobile, enabling developers to build customized navigation applications • A partnership with the Dutch Ministry of Infrastructure and Water Management
Slide 3: Financial highlights
Financial highlights • Group revenue of €133m (Q2 ’21: €133m) • Location Technology revenue of €105m (Q2 ’21: €103m) • Automotive operational revenue of €71m (Q2 ’21: €63m) • Restructuring charge in operating expenses of €31m • Free cash flow of €0m (Q2 ’21: outflow of €16m) • Net cash of €329m (Q2
Slide 4: Outlook 2022 & 2023
Outlook 2022 & 2023 Actual Outlook Outlook in € million 2021 2022 2023 Group revenue 507 470 – 510 500 – 550 Location Technology 394 380 – 420 425 – 475 revenue FCF as % of Group Around At least + 5% revenue - 5% + 5% 4
Slide 5: Thank you – Any questions?
Thank you – Any questions? 5
Slide 6: Revenue breakdown
Revenue breakdown YTD ’22 YTD ’21 YTD ’22 YTD ’21 19% 14% 14% 21% €261m €264m €261m €264m 81% 79% 86% 86% Location Technology Software & content Consumer Hardware 6
Slide 7: P&L (€ in thousands)
P&L (€ in thousands) Q1 '21 Q2 '21 Q3 '21 Q4 '21 Q1 '22 Q2 '22 H1 '22 H1 '21 Automotive 62,654 60,983 52,368 47,063 60,511 59,951 120,462 123,637 Enterprise 42,142 42,267 42,994 43,513 44,733 45,344 90,077 84,409 Location Technology 104,796 103,250 95,361 90,577 105,244 105,295 210,539 208,046 Consu
Slide 8: Balance Sheet
Balance Sheet (€ in thousands) 31-Mar-21 30-Jun-21 30-Sep-21 31-Dec-21 31-Mar-22 30-Jun-22 ASSETS Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 104,403 91,933 80,771 70,478 66,521 58,010 Other contract related assets 26,299 20,239 22,257 23,818 25,782 28,634 Other non-cu
Slide 9: Cash flow
Cash flow (€ in thousands) Q1 '21 Q2 '21 Q3 '21 Q4 '21 Q1 '22 Q2 '22 H1 '22 H1 '21 Operating result -14,240 -21,060 -22,544 -35,347 -19,833 -55,466 -75,299 -35,301 Financial gains / (losses) 3,084 -970 2,753 3,037 1,392 4,574 5,965 2,114 Depreciation and amortization 21,520 18,756 17,210 16,185 15,2
Slide 10: Outstanding shares
Outstanding shares Q2 '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 127,138,496 126,949,550 Shares in issue at the end of the period 128,124,072 128,124,072 Average shares in issue during the period 1 127,779,415
Slide 11: 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 12: TomTom NV
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands ir@tomtom.com +31 20 757 5194 www.tomtom.com/investors 12