Slide 1: Q1 2021 Results
Q1 2021 RESULTS Harold Goddijn – CEO Taco Titulaer – CFO 14 APRIL 2021
Slide 2: Operational highlights
Operational highlights • The launch of TomTom Navigation for Automotive • Our TomTom ADAS map is powering the new Mitsubishi Outlander • Our database now covers almost 450,000 charging points for the fast-growing EV market • Our customer base is expanding in key Enterprise markets 2
Slide 3: Market opportunities
Market opportunities Industry change and increasing demand for deliveries are providing growth opportunities in Location Technology Automotive Enterprise Electric vehicles Safety Fleet management and logistics Automated 33 © 2020 TomTom vehicles On-demand (ride-hailing and food delivery)
Slide 4: Financial highlights
Financial highlights • Group revenue of €131m (Q1 ’20: €131m) • Location Technology revenue of €105m (Q1 ’20: €91m) • Automotive operational revenue of €74m (Q1 ’20: €81m) • Free cash outflow of €4m (Q1 ’20: inflow of €14m) • Net cash of €352m (Q4 ’20: €372m) • Share buyback resumed, 2.2m shares pur
Slide 5: Outlook 2021
Outlook 2021 in € million Outlook 2021 Actuals 2020 Group revenue 520 – 570 528 Location Technology revenue 420 – 450 392 FCF as % of Group revenue Around 6% -5% Note: 2021 outlook based on: 5 • Expectation that car production volumes in 2021 will not reach 2019 levels • USD FX rate of 1.20
Slide 6: Thank you – Any questions?
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Slide 7: Revenue breakdown
Revenue breakdown BY SEGMENT BY TYPE Q1 ’21 Q1 ’20 Q1 ’21 Q1 ’20 20% 13% 20% 30% €131m €131m €131m €131m 70% 80% 87% 80% Location Technology Software & content Consumer Hardware 7
Slide 8: P&L
P&L (€ in thousands) Q4 '19 Q1 '20 Q2 '20 Q3 '20 Q4 '20 Q1 '21 Automotive 69,190 49,788 51,588 65,945 59,843 62,654 Enterprise 41,187 41,481 42,211 39,654 41,651 42,142 Location Technology 110,377 91,269 93,799 105,599 101,494 104,796 Consumer 45,846 39,928 29,904 42,252 23,940 26,395 Revenue 156,22
Slide 9: Balance Sheet
Balance Sheet (€ in thousands) 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 31-Dec-20 31-Mar-21 Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 380,160 312,168 247,122 181,458 117,475 104,403 Other contract related assets 23,923 26,519 29,885 25,864 26,080 26,299 Other non-curr
Slide 10: Cash flow
Cash flow (€ in thousands) Q4 '19 Q1 '20 Q2 '20 Q3 '20 Q4 '20 Q1 '21 Operating result -77,721 -77,747 -64,198 -67,610 -78,155 -14,240 Financial losses -1,098 145 -1,059 -2,249 -1,724 3,084 Depreciation and amortization 73,133 72,305 71,511 71,465 70,328 21,520 Other -9,031 800 -1,151 78 2,374 2,355
Slide 11: Outstanding shares
Outstanding shares Q1 '21 Common shares outstanding at the end of the period 132,366,672 Shares in issue at the beginning of the period 130,262,819 Shares in issue at the end of the period 128,232,703 Average shares in issue during the period 1 129,716,496 [A] In the money share options at the begin
Slide 12: 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 13: TomTom NV
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands ir@tomtom.com +31 20 757 5194 www.tomtom.com/investors 13