Tomtom Nv ( (TMOAF) ) has released its Q3 earnings. Here is a breakdown of the information Tomtom Nv presented to its investors.
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TomTom NV is a leading provider of location data and technology, specializing in navigation systems and mapping solutions for the automotive industry. Headquartered in Amsterdam, the company has been at the forefront of mobility innovation for over 30 years.
In its third quarter of 2025, TomTom reported solid results with a focus on improving profitability. The company launched its next-generation Automotive Navigation Application, enhancing user experience and flexibility for automakers. Additionally, TomTom announced a multi-year agreement to provide traffic services to Hyundai AutoEver’s European vehicle lineup.
Key financial highlights include a 3% decrease in group revenue to €137 million compared to the previous year, while automotive operational revenue saw a significant 22% increase to €85 million. The company’s gross margin improved to 89%, and it reported a positive operating result of €8.4 million, a notable turnaround from a loss in the same quarter last year. Free cash flow also increased to €17 million, reflecting effective cost management and strategic investments.
Looking ahead, TomTom remains optimistic about its long-term growth trajectory. The company anticipates reaching the upper end of its full-year revenue guidance, driven by its strategic focus on advanced technologies and partnerships. Management is confident in unlocking new opportunities as the industry evolves, particularly in automated driving solutions.