TomTom Reports Fourth Quarter and Full Year 2015 Results

Hardware revenue for the quarter was €163 million compared with €156 million in Q4 '14. Content & Services revenue in the quarter was €120 million, 17% higher compared with €102 million in Q4 '14, mainly due to growing Telematics subscription revenue as well as higher revenue in both Automotive and Licensing. As a percentage of revenue, Content & Services revenue increased to 42% from 39% in Q4 '14.

On a full year basis, revenue from Content & Services was €449 million (FY '14: €407 million) and accounted for 45% of total revenue (FY '14: 43%).

Geographical revenue split

                   
(€ in millions, unless stated otherwise)     FY '15     FY '14     y.o.y. change
                   
Europe2     771.5     718.8     7%
North America 186.1 163.5 14%
Rest of the world     49.0     68.1     -28%
Total revenue     1,006.6     950.3     6%
 

Change percentages are based on non-rounded figures

 

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