Slide 1: Q4 and FY 2018 Results
Q4 AND FY 2018 RESULTS Harold Goddijn – CEO Taco Titulaer – CFO 6 FEBRUARY 2019
Slide 2: Operational highlights
Operational highlights • Divestment of Telematics • Capital repayment of €750 million announced • Extended Microsoft partnership; now also powering Bing Maps • Collaboration with DENSO to develop end-to-end autonomous driving system • Strong Automotive operational revenue growth • Automotive order i
Slide 3: Priorities
Priorities Accelerate investments in strategic areas whilst generating cash Map-making Automotive Enterprise • Further improvements in the • Class leading products and services • Class leading developer products efficiency of our map-making for the automotive market, including (Maps APIs) system map
Slide 4: Financial highlights
Financial highlights • Revenue of €687 million (FY '17: €739 million) • Gross margin of 69% (FY '17: 60%) • EBITDA of €142 million (FY '17: €87 million) • Net cash position of €252 million (FY '17: €121 million) • Deferred revenue position of €281 million (FY '17: €230 million) The figures presented
Slide 5: Delivered on 2018 guidance
Total HighlyRevenue €861 accurate million maps (Initial outlook ~ €800 million) Delivered on Gross Margin 71% Navigation software 2018 guidance (Initial outlook close to 70%) Adjusted EPS €0.36 (Initial outlook ~ €0.25) Figures include both continuing and discontinued operations.
Slide 6: 2019 Outlook
2019 Outlook • Automotive and Enterprise revenue expected to Continuing operations Outlook 2019 Actuals 2018 grow by 15% year on year Revenue €675 million €687 million • Combined OPEX and CAPEX spend expected to increase by 10% year on year of which from Location €430 million €372 million Technology
Slide 7: Thank you – Any questions?
Thank you – Any questions?
Slide 8: Revenue break-down
Revenue break-down BY SEGMENT (€M) BY TYPE (€M) 2018 2017 2018 2017 36% 46% 45% 43% 687 739 687 739 54% 55% 57% 64% Location Technology Data, software & services Consumer Hardware 8 / 14
Slide 9: P&L
P&L 1 Earnings per fully diluted share count adjusted for movement of deferred revenue, unbilled revenue, deferred cost of sales, impairments and material restructuring and disposal costs on a post-tax basis. 9 / 14
Slide 10: Balance sheet
Balance sheet (€ in thousands) 31Deci7 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18 Restated ASSETS Goodwill 256,319 256,115 255,451 255,858 192,294 Other intangible assets and capitalised contract costs 731,138 723,585 711,809 703,384 657,602 Other non-current assets 90,986 81,944 87,066 86,175 58,520 I
Slide 11: Cash flow
Cash flow 1 Includes the movement of non-current deferred revenue. 11 / 14
Slide 12: Outstanding shares and adjusted EPS
Outstanding shares and adjusted EPS 12 / 14
Slide 13: 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 14: 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