Q4 AND FY 2020 RESULTS
Harold Goddijn - CEO
Taco Titulaer - CFO
4 FEBRUARY 2021
Operational highlights
- Automotive backlog of €1.8 billion
- A contract extension to provide maps and traffic to Precisely
- A new multi-year agreement to provide Maps APIs to Targa Telematics
- A contract extension to provide full-stack navigation to Mitsubishi in selected car models
- The launch of TomTom Hazard Warnings
- Celebrated the 10th edition of the TomTom Traffic Index which cities and governments have increasingly used to monitor traffic patterns in the wake of COVID-19
2
Improve location platform
2020
Uber and Verizon using our Maps APIs and SDKs
2021
Target Enterprise applications, including fleet logistics and on- demand services
Strategic priorities
Accelerate online
Better maps, faster at lower cost
2020
Closed new Automotive deals for online navigation
2020
Improved support for display, navigation, and search; faster update cycle time
2021
Faster software update cycles, ease of integration, and flexibility
2021
Automate, automate, automate
Employer of choice
3
2020
Acted fast to enable remote working, prioritized health and safety of our employees while promoting employee engagement
2021
Invest in our employees and company culture, attract top talent to drive innovation
Financial highlights
- Group revenue of €125m (Q4 '19: €156m)
- Location Technology revenue of €101m (Q4 '19: €110m)
- Automotive operational revenue of €90m (Q4 '19: €116m)
- Free cash flow of €34m (Q4 '19: €48m)
- Net cash of €372m (Q4 '19: €437m)
- Resume share buyback
4
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TomTom NV published this content on 04 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 February 2021 12:44:04 UTC.