Slide 1: Q1 2018 Results
Harold Goddijn – CEO Q1 2018 RESULTS Taco Titulaer – CFO 17 April 2018
Slide 2: Operational Highlights
• Automotive operational revenue increased by 42% in the quarter • Additional TomTom Connected Car Services provided to OPERATIONAL Hyundai and Kia HIGHLIGHTS • On-Street Parking reached coverage in 100 European cities • Telematics installed base increased by 14% in the year, reaching more than 826,
Slide 3: Financial Highlights
• Revenue of €192 million (Q1 '17: €213 million) • Gross margin of 70% (Q1 '17: 63%) • EBITDA of €44 million (Q1 '17: €34 million) FINANCIAL • Adjusted EPS of €0.10 (Q1 '17: - €0.03) HIGHLIGHTS • Net cash position of €129 million (Q1 ‘17: €79 million) • Deferred revenue position of €275 million (Q1
Slide 4: Automotive Operational Revenue
AUTOMOTIVE OPERATIONAL REVENUE +42% 90 78 STRONG 80 GROWTH IN 70 60 55 28 in € millions AUTOMOTIVE 50 40 43 10 13 30 45 50 20 30 10 0 Q1 '16 Q1 '17 Q1 '18 Reported revenue Net increase of deferred and unbilled revenue Q1 ’16 revenue has not been restated under the new IFRS 15 accounting standards. B
Slide 5: 2018 Outlook Reiterated
Outlook 2018 Revenue ~ €800 million Gross margin (%) close to 70% Adjusted EPS ~ €0.25 OPEX & CAPEX1 ~ €700 million 2018 OUTLOOK REITERATED • For the period between 2016 and 2020, we expect the combined reported revenue of the Automotive, Enterprise and Telematics businesses to grow at a CAGR of aro
Slide 6: Thank You – Any Questions?
THANK YOU Any questions? Q1 2018 RESULTS 6 / 13
Slide 7: Revenue Breakdown
REVENUE BREAKDOWN BY SEGMENT (€M) BY TYPE (€M) Q1 ‘18 Q1 ‘17 Q1 ‘18 Q1 ‘17 36% 36% 32% 42% 39% 45% 192 213 192 213 61% 68% 22% 19% Automotive & Enterprise Data, software & services Telematics Hardware Consumer Q1 2018 RESULTS 7 / 13
Slide 8: P&L Statistics
P&L STATISTICS (€ in thousands) Q1 '17 Q2 '17 Q3 '17 Q4 '17 Q1 '18 FY '17 Restated Restated Restated Restated Restated REVENUE 213,034 253,014 218,649 218,191 191,779 902,888 Cost of sales 79,557 90,397 74,457 88,698 58,252 333,110 GROSS RESULT 133,476 162,617 144,192 129,493 133,527 569,778 Researc
Slide 9: Balance Sheet Statistics
BALANCE SHEET STATISTICS (€ in thousands) 31-Mar-17 30-Jun-17 30-Sept-17 31-Dec-17 31-Mar-18 Restated Restated Restated Restated ASSETS NON-CURRENT ASSETS Goodwill 423,577 254,899 254,525 256,319 256,115 Other intangible assets 771,148 770,558 765,922 718,397 705,387 Other non-current assets 102,096
Slide 10: Cash Flow Statistics
CASH FLOW STATISTICS (€ in thousands) Q1 '17 Q2 '17 Q3 '17 Q4 '17 Q1 '18 FY '17 Restated Restated Restated Restated Restated Operating result -1,526 -154,461 -385 -29,587 6,886 -185,959 Financial gains/(losses) 1,916 -1,519 -3,315 615 -253 -2,303 Depreciation and amortisation 35,536 204,853 35,873 6
Slide 11: Outstanding Shares and Adjusted EPS
OUTSTANDING SHARES AND ADJUSTED EPS at 31 March 2018 Q1'18 Common shares outstanding at the beginning of the period 235,318,516 Common shares outstanding at the end of the period 235,318,516 Average shares outstanding during the period* 230,086,000 [A] In the money share options at the beginning of
Slide 12: Important Notice: Disclaimer and Non-GAAP Measures
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 13: TomTom NV contact details
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands @: ir@tomtom.com T: +31 20 757 5194 www.tomtom.com/investors