Slide 1: Investor presentation Q3 2024
Investor presentation Q3 2024
Slide 2: Location technology plays a crucial role in improving operations and products
Location technology plays a crucial role in improving operations and products, helping customers grow and innovate That is why the demand for location technology is insatiable, and requirements are high TomTom provides the location technology that meets this demand, leveraging years of experience, a
Slide 3: Insatiable market demand
Insatiable A wide variety of use cases supported… market demand Location technology is crucial for many use cases across all Efficient movement Better exploration Location-informed industries and sectors of people and goods and discovery decision-making Real-time asset Location-based Maps for author
Slide 4: Why TomTom?
Why TomTom? TomTom is uniquely positioned to meet the market’s growing demands and requirements Established Unique Collaborative market position mapmaking technology mapmaking approach • Known for flexible, cooperative • A platform that ingests diverse data • We believe rising requirements can appro
Slide 5: Technology that meets markets demands
Technology that meets markets demands TomTom Orbis Maps provides significant customer value-add, enabling market share growth Leveraging rich sources … … to create versatile TomTom Orbis Maps … • Our platform is inherently compatible with • Our collaborative approach yields maps Overture’s open data
Slide 6: Maps that become more valuable over time
Maps that become Examples of network effects at TomTom more valuable over time Network effects accelerate the growth of our market share Base map Traffic Leveraging Overture and Generated through users’ OSM contributions GPS probe data How we leverage network effects • Customers and users share data
Slide 7: Differentiating from the competition
Differentiating from the competition Our mapmaking technology and approach, reinforced by network effects, set us apart Concentrated playing field, Our differentiators due to high barriers of entry • Leading position in Automotive market • Product legacy and backing from A true mapmaker various OEMs
Slide 8: High potential for operating leverage
High potential for operating leverage As a critical mass business, revenue growth yields strengthened free cash flow generation Great opportunities Operating leverage, for revenue growth yielding greater profits • A highly versatile product portfolio that • Incremental costs of incremental is streng
Slide 9: Takeaways
Takeaways Insatiable demand for location technology • The demand for location technology is insatiable, as it is critical to support existing and emerging use cases to help companies grow and innovate • The multi-billion market for location technology is growing rapidly Unique value proposition • Gl
Slide 10: Appendix
Appendix 10 © 2024 TomTom
Slide 11: How we create TomTom Orbis Maps
How we create TomTom Orbis Maps Rich sources Smarter maps Custom (bring your own) data Custom layers Customers’ data that they want to Bring-your-own-data, integrate into the maps they use e.g. pickup points or HD map content TomTom data TomTom value-add Probe data layers Sensor-derived observations
Slide 12: Financial profile
Financial profile Location Technology revenue Free cash flow1 (in € millions) (in € millions) 491 490 - 520 5% 1% - 5% 436 5% 394 148 24 32 176 171 342 -29 223 260 -5% 2021 2022 2023 2024 2021 2022 2023 2024 Automotive Enterprise Automotive backlog2 (in € billions) 1.9 2.4 2.5 €258m net cash at the
Slide 13: P&L
P&L (€ in thousands) Q1 '23 Q2 '23 Q3 '23 Q4 '23 Q1 '24 Q2 '24 H1 '24 H1 '23 Automotive 81,120 90,898 82,476 87,806 83,257 87,337 170,594 172,018 Enterprise 36,905 37,296 36,760 37,403 35,345 41,402 76,747 74,201 Location Technology 118,025 128,194 119,236 125,209 118,602 128,739 247,341 246,219 Con
Slide 14: Balance sheet
Balance sheet (€ in thousands) 31-Mar-23 30-Jun-23 30-Sep-23 31-Dec-23 31-Mar-24 30-Jun-24 Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 36,534 30,427 25,170 20,275 15,828 11,392 Other contract related assets 32,806 34,632 33,478 35,019 36,811 27,742 Lease assets, PP&E a
Slide 15: Cash flow
Cash flow (€ in thousands) Q1 '23 Q2 '23 Q3 '23 Q4 '23 Q1 '24 Q2 '24 H1 '24 H1 '23 Operating result 2,647 -3,557 -8,738 -10,360 -4,914 -5,198 -10,112 -910 Foreign exchange adjustments 38 -1,027 1,118 -1,343 883 568 1,451 -989 Depreciation and amortization 12,508 11,180 9,837 10,091 8,905 8,870 17,77
Slide 16: Shareholder structure and outstanding shares
Shareholder structure and outstanding shares Major shareholder structure Outstanding shares Shares % of total Q2 '24 YTD '24 Founder - Harold Goddijn 15,540,868 12.4% Common shares outstanding at the end of the period 132,366,672 132,366,672 Founder - Corinne Vigreux 15,001,371 12.0% Founder - Peter
Slide 17: 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 18: TomTom NV contact details
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands ir@tomtom.com +31 20 757 5194 wwww.tomtom.com 18 © 2024 TomTom