TomTom : Q2 2025 Results Presentation

‌Q2 2025

Results

Harold Goddijn - CEO Taco Titulaer - CFO

15 July 2025

1 © 2025 TomTom

• We advanced our product-led strategy and realigned our

  organization accordingly

• Our Automotive business generated meaningful interaction at Auto Shanghai 2025, and we announced a new partnership with all-electric auto brand smart

• We kept up our momentum in Enterprise, signing on various new customers to support field operations, optimize logistics, and make smarter infrastructure decisions

• Our recently-launched Model Context Protocol Server enables AI agents to become location aware through our data and APIs

  
  
  
  
  
  ‌Financial highlights for the quarter
  
  
  
  
  
  

• Group revenue of €146m (€152m in Q2 '24)

• Location Technology revenue of €126m (€129m in Q2 '24)

• Automotive operational revenue of €77m (€89m in Q2 '24)

• Free cash flow was an inflow of €14m (€5m outflow in Q2 '24)

• Net cash of €267m (€264m at the end of Q4 '24)

1 Free cash flow in 2025 excludes restructuring payments related to the realignment announced in June 2025

By type

10%

11%

€287m

€291m

90%

89%

Software & content

Hardware

By segment

14%

15%

€287m

€291m

86%

85%

Location Technology

Consumer

1 Shares held in treasury of 566,631 are taken into account when calculating the weighted average shares outstanding.

2 The average share price for the quarter was €4.88 and the average share price for the year was €4.90.

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 regarding our present and future business strategies, operations and the environment in which we will operate in the future. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements, and you should not place undue reliance on them. Many of these risks and uncertainties relate to factors that are beyond TomTom's ability to control or estimate precisely, such as levels of customer spending in major economies, changes in consumer preferences, the performance of the financial markets, the levels of marketing and promotional expenditures by TomTom and its competitors, costs of raw materials, employee costs, exchange-rate and interest-rate fluctuations, changes in tax rates, changes in law, acquisitions or disposals, the rate of technological changes, political developments in countries where TomTom operates and the risk of a downturn in the market. Statements regarding market share, including TomTom's competitive position, contained in this document are based on outside sources such as specialized research institutes, industry and dealer panels in combination with management estimates.

The forward-looking statements contained herein speak only as of the date they are made. We do not assume any obligation to update any public information or forward-looking statement in this document to reflect events or circumstances after the date of this document, except as may be required by applicable laws.

You will be solely responsible for your own assessment of the market and the market position of TomTom and you will conduct your own analysis and be solely responsible for forming your own view of the potential future performance of TomTom's business. This document does not constitute or form part of, and should not be constructed as, an offer or invitation to subscribe for or purchase any TomTom securities.

The financial information in this report includes measures, which are not defined by generally accepted accounting principles (GAAP) such as IFRS. We believe this information, along with comparable GAAP measurements, gives insight to investors because it provides a basis for evaluating our operational performance. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information presented in compliance with GAAP. Wherever appropriate and practical, we provide reconciliations to relevant GAAP measures.

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