TomTom NV Reports Positive Start to 2025

Tomtom Nv ( (TMOAF) ) has released its Q1 earnings. Here is a breakdown of the information Tomtom Nv presented to its investors.

TomTom NV is a global leader in location technology, providing advanced mapping and navigation solutions to various industries, including automotive and enterprise sectors. The company is headquartered in Amsterdam and is known for its innovative mapping technologies that support automated driving and geospatial analytics.

TomTom’s first-quarter results for 2025 indicate a positive start to the year, with the company achieving a 1% increase in group revenue, reaching €140 million. The CEO, Harold Goddijn, highlighted the company’s strategic progress and growing commercial momentum, particularly in the Enterprise and Automotive sectors.

Key financial highlights include a 2% increase in Location Technology revenue and a 5% rise in Automotive operational revenue. The Enterprise segment saw an impressive 18% growth, driven by the adoption of TomTom’s detailed maps and location technology products. The company also reported a significant improvement in its operating result, turning a previous loss into a profit of €6 million, attributed to increased gross profit and reduced operating expenses.

Despite trade tensions and short-term uncertainties, TomTom remains confident in its long-term growth trajectory. The company continues to invest in high-definition map layers and AI innovations, positioning itself to capitalize on the evolving needs of carmakers and the broader market for automated driving solutions.