Tomtom NV (TMOAF) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good afternoon, everyone, and welcome to our conference call. In today's call, we will discuss the fourth quarter and full year 2025 operational highlights and financial results with CEO Harold Goduin and CFO Taco Titelaar. Harold will begin with an update on strategic developments. Taco will then provide further insight into our financial results, our automotive backlog, and our outlook. After their prepared remarks, we will open the line for your questions. As always, please note that safe harbor applies. And with that, Harold, let me hand it over to you. Yeah, thank you very much, Claudia. And good morning, good afternoon, everybody. 2025 was an important year for TomTom as our product strategy clearly matured and we gained commercial traction. We introduced several new products with our lane model map standing out as a major milestone. Orbit lane model maps provide lane level intelligence, including geometry, lane markings, but at a true urban scale. And by leveraging our AI powered map factory, we can now produce lane accurate maps with exceptional efficiency and freshness. And this has been proven to be a differentiating capability. A strong validation is that we secured a record amount of new business. And that includes a collaboration with Carriot where Tontum Orbis lane model maps were selected as a core component of the automated driving system supporting the Volkswagen group brands. In enterprise, Orbis maps broadened and diversified our customer base. In the beginning of 2025, we announced a new cooperation with Esri through which we provide maps, traffic data to support businesses and governments with location intelligence addressing various use cases for maintaining critical infrastructure to analyzing traffic flows. And more recently, we deepened our g...