TomTom records 8% y/y growth in Q2 revenue at USD157.2 million

Financial results

Automotive operational revenue increased by 63% y/y to EUR63 million

TomTom’s revenue increased by 8% year on year (y/y) to EUR133 million (USD157.2 million) in the second quarter of 2021, according to a press release. Location Technology revenue increased by 10% to EUR103 million (second quarter 2020: EUR94 million). Automotive operational revenue increased by 63% to EUR63 million (second quarter 2020: EUR39 million). Free cash flow is an outflow of EUR16 million (second quarter 2020: outflow of EUR54 million).

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