TomTom Reports Fourth Quarter and Full Year 2017 Results

Hardware revenue for the quarter was €80 million compared with €143 million in Q4 '16. Data, software & services revenue in the quarter was €140 million, 13% higher compared with €123 million in Q4 '16, due to growing Automotive and Telematics subscription revenue. As a percentage of revenue, data, software & services revenue increased to 64% in Q4 '17 from 46% in Q4 '16.

On a full year basis, revenue from data, software & services was €547 million (FY '16: €481 million) and accounted for 61% of total revenue (FY '16: 49%).

Geographical revenue split

(€ in millions)   FY '17   FY '16  

y.o.y.

change

             
Europe   702.1   773.2   -9%
North America 147.5 167.4 -12%
Rest of the world   53.7   46.7   15%
Total revenue   903.4   987.3   -9%

Change percentages and totals calculated before rounding.

 

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