Slide 1: Q3 2020 Results
Q3 2020 RESULTS Harold Goddijn – CEO Taco Titulaer – CFO 14 October 2020
Slide 2: Operational highlights
Operational highlights • Market conditions continue to improve • A multiyear contract extension to provide maps, traffic and maps APIs to Uber • A map editing partnership with Uber helping us maintain the freshest maps • A new global deal to provide maps, navigation and traffic to Maserati • A new p
Slide 3: Financial highlights
Financial highlights • Group revenue of €148m (Q2 '20 €124m | Q3 '19: €164m) • Automotive operational revenue of €59m (Q2 '20: €48m | Q3 '19: €88m) • Gross margin of 76% (Q2 '20 86% | Q3 '19: 78%) • Free cash flow -/- €20m (Q2 ‘20 -/- €54m | Q3 '19: €23m) • Net cash of €346m (Q2 ’20: €373m | Q3 '19:
Slide 4: Quarter on quarter development
Quarter on quarter development Automotive operational revenue Free cash flow in € millions in € millions 85 +24% 14 59 48 -20 Q1 ’20 Q2 ’20 Q3 ’20 Q4 ’20 -54 Q1 ’20 Q2 ’20 Q3 ’20 Q4 ’20 Strong sequential growth expected in Q4 '20 Free cash flow is expected around €30m in Q4 '20
Slide 5: 2020 Outlook
2020 Outlook • Full year revenue expected around €530m • Full year free cash flow expected around -/- €30m
Slide 6: Thank you – Any questions?
Thank you - — Any questions? (ia ee
Slide 7: Revenue breakdown
Revenue breakdown BY SEGMENT BY TYPE YTD ‘20 YTD ‘19 YTD ‘20 YTD ‘19 18% 28% 34% 42% €403m €545m €403m €545m 58% 66% 72% 82% Location Technology Software & content Consumer Hardware 10 / 15
Slide 8: P&L
P&L (€ in thousands) Q2 '19 Q3 '19 Q4 '19 Q1 '20 Q2 '20 Q3 '20 YTD '20 YTD '19 REVENUE 210,803 164,206 156,223 131,197 123,703 147,851 402,750 544,536 Automotive 75,944 55,404 69,190 49,788 51,588 65,945 167,320 196,474 Enterprise 40,156 41,141 41,187 41,481 42,211 39,654 123,346 119,130 Consumer 94
Slide 9: Balance Sheet
Balance Sheet (€ in thousands) 30-Jun-19 30-Sep-19 31-Dec-19 31-Mar-20 30-Jun-20 30-Sep-20 ASSETS Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 509,597 444,646 380,160 312,168 247,122 181,458 Other contract related assets 21,606 23,679 23,923 26,519 29,885 25,864 Other n
Slide 10: Cash flow
Cash flow (€ in thousands) Q2 '19 Q3 '19 Q4 '19 Q1 '20 Q2 '20 Q3 '20 YTD '20 YTD '19 Operating result -82,959 -57,085 -77,721 -77,747 -64,198 -67,610 -209,555 -134,220 Financial gains/(losses) -208 1,424 -1,098 145 -1,059 -2,249 -3,163 779 Depreciation and amortisation 113,942 72,939 73,133 72,305 7
Slide 11: Outstanding shares
Outstanding shares Q3 '20 YTD '20 Common shares outstanding at the end of the period 132,366,672 132,366,672 Shares in issue at the beginning of the period 130,207,823 131,541,998 Shares in issue at the end of the period 130,223,136 130,223,136 Average shares in issue during the period 1 130,220,376
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 contact details
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands ir@tomtom.com +31 20 757 5194 www.tomtom.com/investors