Our Licensing revenue in Q4 '15 was €39 million, 24% higher compared with the same quarter last year (Q4 '14: €32 million). On a full year basis, Licensing reported total revenue of €142 million, a 27% increase compared with €112 million in 2014. The increase in revenue was driven by the renewal and increased scope of existing contracts, addition of new customers as well as a good progress made in the Geospatial segment.

In the quarter, we announced a new global, multi-year agreement with Uber to provide our global maps and traffic products for their Uber driver application.

Telematics

(€ in millions, unless stated otherwise)			Q4 '15¹			Q4 '14			y.o.y. change			FY '15¹			FY '14			y.o.y. change
Hardware and other services revenue 2			11.0			9.7			14%			37.2			34.6			7%
Subscription revenue			26.0			21.4			22%			97.8			75.6			29%
Total Telematics revenue			37.0			31.1			19%			135.0			110.2			22%
Telematics segment EBITDA												49.0			39.1			25%
EBITDA margin (%)												36%			35%
Telematics segment EBIT												39.7			33.8			17%
EBIT margin (%)												29%			31%
Monthly subscription ARPU (€)			15.8			16.3			-3%			15.9			16.2			-2%
Subscriber installed base (# in thousands)												605			464			30%

Change percentages are based on non-rounded figures.

1 Q4 ’15 and FY ‘15 financial metrics and YoY change percentages exclude Finder; the acquisition is effective as of the end of December 2015.

2 Other services revenue comprises installation services and separately purchased traffic service and/or map content.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16  Next Page »