AMSTERDAM — (BUSINESS WIRE) — February 5, 2018 — TomTom (AEX:TOM2):
Financial summary Q4 '17
- Revenue of €220 million (Q4 '16: €266 million)
- Gross margin of 59% (Q4 '16: 58%)
- EBITDA of €37 million (Q4 '16: €39 million)
- Cash flow from operating activities of €98 million (Q4 '16: €76 million)
Financial summary FY '17
- Revenue of €903 million (FY '16: €987 million)
- Gross margin of 62% (FY '16: 57%)
- EBITDA of €141 million (FY '16: €141 million)
- Non-cash impairment charge on the entire goodwill of the Consumer segment of €169 million
- Adjusted EPS1 of €0.26 (FY '16: €0.23)
- Cash flow from operating activities of €173 million (FY '16: €144 million)
- Deferred revenue position of €244 million (Q4 '16: €204 million)
Operational summary
- Automotive order intake exceeded €400 million in 2017
- Strategic mapping and traffic services cooperation with ZENRIN in Japan
- HD Map & AutoStream to power Baidu's open autonomous driving platform, Apollo
- Online APIs integrated in Microsoft Azure's newly launched location-based services
- Telematics installed base increased by 16% in the year, reaching more than 800,000 subscriptions
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Key figures
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| (€ in millions, unless stated otherwise) | Q4 '17 | Q4 '16 |
y.o.y. change |
FY '17 | FY '16 |
y.o.y. change |
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| Automotive & Enterprise 2 | 86.6 | 71.7 | 21% | 328.8 | 269.0 | 22% | |||||||||
| Telematics | 42.0 | 41.6 | 1% | 162.1 | 155.1 | 4% | |||||||||
| Consumer | 91.0 | 152.3 | -40% | 412.5 | 563.2 | -27% | |||||||||
| REVENUE | 219.6 | 265.6 | -17% | 903.4 | 987.3 | -9% | |||||||||
| GROSS RESULT | 130.6 | 153.0 | -15% |
564.0 |
566.2 | ||||||||||
| Gross margin | 59% | 58% | 62% | 57% | |||||||||||
| EBITDA | 36.8 | 38.6 | -5% | 141.2 | 140.9 | ||||||||||
| EBITDA margin | 17% | 15% | 16% | 14% | |||||||||||
| OPERATING RESULT (EBIT) | -29.5 | -0.5 | -199.8 | 8.9 | |||||||||||
| EBIT margin | -13% | 0% | -22% | 1% | |||||||||||
| NET RESULT | -34.5 | -5.6 | -204.4 | 12.0 | |||||||||||
| ADJUSTED NET RESULT | 14.3 | 11.3 | 28% | 61.3 | 54.1 | 13% | |||||||||
| EPS, € fully diluted | -0.15 | -0.02 | -0.87 | 0.05 | |||||||||||
| Adjusted EPS 1 , € fully diluted | 0.06 | 0.05 | 28% | 0.26 | 0.23 | 12% | |||||||||
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Change percentages and totals calculated before rounding. |
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| 1 Earnings per fully diluted share count adjusted for acquisition-related expenses & gains, impairments and material restructuring and disposal costs on a post-tax basis. |
| 2 As of the start of 2018, we have changed the name of our Licensing segment to Enterprise as it better reflects the nature of activities, customers and target markets. |
