Slide 1: Q4 2021 Results
Q4 2021 RESULTS Harold Goddijn – CEO Taco Titulaer – CFO 4 FEBRUARY 2022
Slide 2: Operational highlights
Operational highlights • Grew Automotive backlog to a strong €1.9 billion • Announced a partnership with Volkswagen Group to deliver an EV-centric navigation service • Launched TomTom IndiGO, the first open digital cockpit software platform for carmakers 2
Slide 3: Strategic priorities
Strategic priorities Market expansion Mapmaking automation Profit • Build on strong Automotive • Better map • Grow operational revenue backlog • Lower latency • Realize cost efficiencies • Grow Enterprise business • Lower cost • Generate strong free cash • Harmonize product flow as of 2023 and portf
Slide 4: Financial highlights
Financial highlights • Group revenue of €115m (Q4 ’20: €125m) • Location Technology revenue of €91m (Q4 ’20: €102m) • Automotive operational revenue of €71m (Q4 ’20: €85m) • Free cash flow of €57m (Q4 ’20: €34m) • Net cash of €356m (Q3 ’21: €302m) 4
Slide 5: Automotive backlog
Automotive backlog • Automotive backlog is defined as the cumulative expected IFRS revenue from all awarded Automotive 1,900 deals • Automotive awards do not provide minimum volume or purchase requirements. Volumes are based on estimates of car sales and take rates 62% • Year-on-year change of the b
Slide 6: Outlook
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% 6
Slide 7: Thank you – Any questions?
Thank you - ee... IS Any questions? LL) SS
Slide 8: Revenue breakdown
Revenue breakdown FY ’21 FY ’20 FY ’21 FY ’20 15% 17% 22% 26% €507m €528m €507m €528m 78% 74% 85% 83% Location Technology Software & content Consumer Hardware 8
Slide 9: P&L
P&L (€ in thousands) Q3 '20 Q4 '20 Q1 '21 Q2 '21 Q3 '21 Q4 '21 FY '21 FY '20 Automotive 65,945 59,843 62,654 60,983 52,368 47,063 223,068 227,164 Enterprise 39,654 41,651 42,142 42,267 42,994 43,513 170,916 164,997 Location Technology 105,599 101,494 104,796 103,250 95,361 90,577 393,984 392,161 Con
Slide 10: Balance Sheet
Balance Sheet (€ in thousands) 30-Sep-20 31-Dec-20 31-Mar-21 30-Jun-21 30-Sep-21 31-Dec-21 Goodwill 192,294 192,294 192,294 192,294 192,294 192,294 Intangible assets 181,458 117,475 104,403 91,933 80,771 70,478 Other contract related assets 25,864 26,080 26,299 20,239 22,257 23,818 Other non-current
Slide 11: Cash flow
Cash flow (€ in thousands) Q3 '20 Q4 '20 Q1 '21 Q2 '21 Q3 '21 Q4 '21 FY '21 FY '20 Operating result -67,610 -78,155 -14,240 -21,060 -22,544 -35,347 -93,191 -287,710 Financial gains/(losses) -2,249 -1,724 3,084 -970 2,753 3,037 7,904 -4,887 Depreciation and amortization 71,465 70,328 21,520 18,756 17
Slide 12: Outstanding shares
Outstanding shares Q4 '21 YTD '21 Common shares outstanding at the end of the period 132,366,672 132,366,672 Shares in issue at the beginning of the period 126,912,453 130,262,819 Shares in issue at the end of the period 126,949,550 126,949,550 Average shares in issue during the period 1 126,933,125
Slide 13: 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 14: 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 14