- TomTom N.V. press release (OTCPK:TMOAF): Q1 GAAP EPS of -€0.04.
- Revenue of €139.3M (-1.0% Y/Y).
- Free cash flow1 was an outflow of €9 million (Q1 ’23: inflow of €10 million).
- Net cash of €284 million (Q4 ’23: €315 million).
- “We reiterate our full-year guidance for both free cash flow and revenue. Outlook 2024 :Revenue €570M – €610M of which Location Technology €490M – €520M; FCF1 as % of Group revenue > 5%,” the company said.
- “For 2025, we are reiterating our Location Technology revenue ambition of €600 million, as well as our free cash flow target of 10% of group revenue. We will continue to closely monitor car production volumes of our main customers and optimize sales funnel conversion rates,” the company added.
/cdn.vox-cdn.com/uploads/chorus_asset/file/24740705/titan_side_view_bks.jpg?resize=150%2C150&ssl=1 "OceanGate’s ill-fated Titan sub relied on a hand-typed Excel spreadsheet")
/cdn.vox-cdn.com/uploads/chorus_asset/file/24740705/titan_side_view_bks.jpg?resize=100%2C70&ssl=1 "OceanGate’s ill-fated Titan sub relied on a hand-typed Excel spreadsheet")
