Financial headlines Q4 2012

• Revenue down 19% year on year to €289 million
• Gross margin up 7 percentage points year on year to 53%
• One-off tax gain of €80 million; proceeds to be received in H1 2013
• EPS of €0.45 and adjusted EPS¹ of €0.13 (Q4 2011: €0.05 and €0.16 respectively)
• Net cash flow from operating activities of €91 million

Financial headlines FY 2012

• Revenue down 17% year on year to €1,057 million
• Gross margin up 2 percentage points year on year to 52%
• OPEX down 12% year on year to €484 million²
• EPS of €0.58 and adjusted EPS of €0.40 (2011: €-1.97 and €0.55 respectively)
• Net debt of €86 million compared to €194 million at the end of 2011

Operational headlines Q4 2012

• HD Traffic 6.0 launched in US powered by 75 million probes
• New LBS portal launched for developers
• PND market share in Europe increased to 50%
• Partnership with LoJack Corporation to drive WEBFLEET sales in North American market

Outlook full year 2013

• Revenue in the range of €900 million to €950 million
• Adjusted EPS of around €0.20; €0.25 adjusted for the introduction of lifetime maps

View the full TomTom reports fourth quarter 2012 results release in PDF format