TomTom Full 12 months 2022 Earnings: Beats Expectations

TomTom (AMS:TOM2) Full 12 months 2022 Outcomes

Key Monetary Outcomes

  • Income: €536.3m (up 5.8% from FY 2021).

  • Web loss: €102.7m (loss widened by 8.5% from FY 2021).

  • €0.80 loss per share (additional deteriorated from €0.74 loss in FY 2021).

earnings-and-revenue-growth

earnings-and-revenue-growth

All figures proven within the chart above are for the trailing 12 month (TTM) interval

TomTom Revenues and Earnings Beat Expectations

Income exceeded analyst estimates by 3.8%. Earnings per share (EPS) additionally surpassed analyst estimates by 3.6%.

Wanting forward, income is forecast to develop 6.6% p.a. on common in the course of the subsequent 3 years, in comparison with a 8.9% progress forecast for the Software program trade in Europe.

Performance of the market in the Netherlands.

The corporate’s shares are up 8.8% from every week in the past.

Danger Evaluation

We do not need to rain on the parade an excessive amount of, however we did additionally discover 1 warning sign for TomTom that that you must be conscious of.

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This text by Merely Wall St is normal in nature. We offer commentary based mostly on historic knowledge and analyst forecasts solely utilizing an unbiased methodology and our articles usually are not supposed to be monetary recommendation. It doesn’t represent a suggestion to purchase or promote any inventory, and doesn’t take account of your goals, or your monetary state of affairs. We goal to deliver you long-term targeted evaluation pushed by elementary knowledge. Observe that our evaluation could not issue within the newest price-sensitive firm bulletins or qualitative materials. Merely Wall St has no place in any shares talked about.

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