Slide 1: Q1 2022 Results
Q1 2022 RESULTS Harold Goddijn – CEO Taco Titulaer – CFO 14 APRIL 2022
Slide 2: Operational highlights
Operational highlights • A solid start to the year, marked by continued strong deal activity • A partnership with the Foxconn-initiated MIH Consortium, focused on the development of next-generation smart EVs • The integration of our technology in the Nissan Ariya, the brand’s latest flagship EV 2
Slide 3: Financial highlights
Financial highlights • Group revenue of €128m (Q1 ’21: €131m) • Location Technology revenue of €105m (Q1 ’21: €105m) • Automotive operational revenue of €68m (Q1 ’21: €74m) • Free cash outflow of €23m (Q1 ’21: outflow of €4m) • Net cash of €331m (Q4 ’21: €356m) 3
Slide 4: Outlook 2022 & 2023
Outlook 2022 & 2023 Actual Outlook Outlook in € million 2021 2022 2023 Group revenue 507 470 – 510 500 – 550 Location Technology 394 380 – 420 425 – 475 revenue FCF as % of Group Around At least + 5% revenue - 5% + 5% 4
Slide 5: Thank you – Any questions?
Thank you – Any questions? 5
Slide 6: Revenue breakdown
Revenue breakdown YTD ’22 YTD ’21 YTD ’22 YTD ’21 18% 20% 12% 13% €128m €131m €128m €131m 82% 80% 88% 87% Location Technology Software & content Consumer Hardware 6
Slide 7: P&L (€ in thousands)
P&L (€ in thousands) Q4 '20 Q1 '21 Q2 '21 Q3 '21 Q4 '21 Q1 '22 Automotive 59,843 62,654 60,983 52,368 47,063 60,511 Enterprise 41,651 42,142 42,267 42,994 43,513 44,733 Location Technology 101,494 104,796 103,250 95,361 90,577 105,244 Consumer 23,940 26,395 29,853 32,108 24,586 23,205 Revenue 125,43
Slide 8: Balance Sheet
Balance Sheet (€ in thousands) 31-Dec-20 31-Mar-21 30-Jun-21 30-Sep-21 31-Dec-21 31-Mar-22 ASSETS Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 117,475 104,403 91,933 80,771 70,478 66,521 Other contract related assets 26,080 26,299 20,239 22,257 23,818 25,782 Other non-c
Slide 9: Cash flow
Cash flow (€ in thousands) Q4 '20 Q1 '21 Q2 '21 Q3 '21 Q4 '21 Q1 '22 Operating result -78,155 -14,240 -21,060 -22,544 -35,347 -19,833 Financial losses -1,724 3,084 -970 2,753 3,037 1,392 Depreciation and amortization 70,328 21,520 18,756 17,210 16,185 15,244 Change in provisions 498 759 -4,277 -2,16
Slide 10: Outstanding shares
Outstanding shares Q1 '22 Common shares outstanding at the end of the period 132,366,672 Shares in issue at the beginning of the period 126,949,550 Shares in issue at the end of the period 127,138,496 Average shares in issue during the period 1 126,991,075 [A] Average in the money share options at t
Slide 11: Important Notice
Important Notice 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 assumptions regardi
Slide 12: TomTom NV
TomTom NV De Ruijterkade 154 1011 AC Amsterdam The Netherlands ir@tomtom.com +31 20 757 5194 www.tomtom.com/investors 12