TomTom reports fourth quarter and full year 2016 results

1 Change percentages and totals calculated before rounding.
2 Other services revenue comprises installation services and separately purchased traffic service and/or map content.

Telematics generated revenue of €42 million in Q4 '16, a 12% increase compared with €37 million in Q4 '15. This increase was driven by growth in the WEBFLEET subscriber base, which was partially offset by a decline in hardware revenue. The recurring SaaS revenue amounted to €31 million for the quarter, 19% higher compared with the same quarter last year. Hardware revenue was relatively flat compared with Q4 '15, due to a higher proportion of hardware rental in our new subscriber sales mix. Revenue for 2016 was €155 million, representing a 15% growth year on year (FY '15: €135 million).

At the end of the year, Telematics reported more than 46,000 customers worldwide, with an installed base of more than 696,000 active subscribers. This is a 15% increase from 605,000 at the start of 2016.

Consumer

(€ in millions, unless stated otherwise)   Q4 '16   Q4 '15  

y.o.y.
change

  FY '16   FY '15  

y.o.y.
change

                         
Consumer products   140.6   156.7   -10 %   502.0   551.2   -9 %
Automotive hardware   11.7   19.2   -39 %   61.2     72.4     -15 %
Total Consumer revenue   152.3   175.9   -13 %   563.2     623.6     -10 %
                         
Consumer segment EBITDA 5.9 14.1 -58 %
EBITDA margin (%) 1 % 2 %
Consumer segment EBIT -3.9 2.6
EBIT margin (%)               -1 %   0 %    

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  Next Page »
Featured Video
Jobs
Principal Engineer for Autodesk at San Francisco, California
Machine Learning Engineer 3D Geometry/ Multi-Modal for Autodesk at San Francisco, California
Senior Principal Software Engineer for Autodesk at San Francisco, California
Mechanical Test Engineer, Platforms Infrastructure for Google at Mountain View, California
Mechanical Engineer 3 for Lam Research at Fremont, California
Senior Principal Mechanical Engineer for General Dynamics Mission Systems at Canonsburg, Pennsylvania
Upcoming Events
Digital Twins 2024 at the Gaylord National Resort & Convention Center in, MD. National Harbor MD - Dec 9 - 11, 2024
Commercial UAV Expo 2025 at Amsterdam Netherlands - Apr 8 - 10, 2025
Commercial UAV Expo 2025 at RAI Amsterdam Amsterdam Netherlands - Apr 8 - 11, 2025
BI2025 - 13th Annual Building Innovation Conference at Ritz-Carlton Tysons Corner McLean VA - May 19 - 21, 2025



© 2024 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
TechJobsCafe - Technical Jobs and Resumes EDACafe - Electronic Design Automation GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise