Het was ff zoeken, had het wel in de klapper, maar er geen draadje bijgezet.
Het was van win some op het rekendraadje.
Hierbij wat cijfers mbt HERE voor 2019 (2018) op basis van de jaarrekening 2019 met daarnaast de cijfers van TomTom voor 2019 (2018):
......................HERE.................TomTom
Omzet..........1113 (1068)^^^^701 (687)
-Automotive...796 (814)^^^^^266 (245)
-Consumer......161 (137)^^^^^275 (315)
-Enterprise......156 (117)^^^^^160 (127)
Gross profit.....887 (833)^^^^^515 (475)
OPEX.............1195 (1195)^^^^746 (472)
-D&A................192 (159)^^^^^292 (158)
EBIT................-308 (-362)^^^^-231 (3)
Net Income....-361 (-410)^^^^-193 (-3)
Cash............127 (178)^^^^^^437 (248)
Debt.............341 (430)^^^^^^^^0 (0)
CAPEX...........48 (120)^^^^^^^24 (84)
Capital contribution
from Shareholders....242 (199)^^^^^0 (0)
deferred revenue (non-current)..........217 (210)^^^^216 (156)
def.rev. related parties (non-current)...56 (73)^^^^^^0 (0)
deferred revenue (current)..........152 (127)^^^^^^^^153 (125)
def.rev. related parties (current).. 48 (54)^^^^^^^^^^0 (0)
tot. def.rev..........473 (464)^^^^^^369 (281)
Plus nog wat info over ontwikkelingen bij HERE in 2020:
Voor 2020 zijn er tot nu toe 2 bijstortingen geweest dmv aandelenuitgifte van 71 mio en 87 mio.
"HERE's largest customer group, the automotive industry has seen sales_and production slowed significantly. Consequently, HERE has already seen some negative impact on its operations, financial performance, bank covenants and liquidity and expect there to be additional negative impact over the next 12 months. To mitigate this potential impact, HERE has implemented a program that includes internal cost reductions, such as employee compensation cuts and travel suspension, the usage of undrawn credit facilities, relief from some of the 2020 bank covenants, and additional financial support from its owners in the form of an up to €150 million subordinated loan while still working to minimize the effect on HERE's strategy."
"Based on the uncertainty about how the COVID-19 outbreak will impact the financial performance of HERE, the Company anticipated that it may not be able to comply with certain obligations of the facilities agreement in respect of (i) the net leverage ratio for the relevant period ending June 30, 2020, (ii) the minimum EBITDA and (iii) minimum cashflow covenants for the relevant period ending December 31, 2020. [...] On May 12, 2020, the Company received an amendment and waiver letter from its lenders in which the lenders waive the anticipated breaches and any default which may arise as a result of the anticipated breaches up to and including January 15, 2021. As part of the amendment and waiver letter, an additional covenant for minimum liquidity is agreed upon."
There Holding BV heeft 24,45% aandelen HERE verkocht aan Coco Tech Holding B.V. voor 790 mio. Dat geeft een waardering voor 100% van de HERE aandelen van 3,2 miljard.
Tatje:
Kijk naar het verschil deferred revenue
Here eind 2018 464 eind 2019 473 groei 9
TT eind 2018 281 eind 2019 369 groei 88
Ik ga een berekening maken van Here inzake de cash, alhoewel ik niet alle cijfers heb.
Here 2019
gross profit 887
opex 1195
operating result - 308
D en A + 192
intrest - 20 schatting
afl schuld - 89
capex - 48
- 273
capital contribution from shareholders + 242 minder cash + 51 totaal 293
- 273 + 293 .
als je niet alle gegevens hebt, dan lijkt het wel.
De duitse oems kochten Here omdat ze bang waren voor Google.
Here is bij Microsoft ingeruild voor Tom Tom.
het is dus momenteel een 2 strijd Microsoft - Google.
... .... geeft je vleugels.
In het transcript Q4 2020.
je denkt toch niet dat Harold Volkswagen noemt, als de connectie niet HEEL eng is.
O.A over de take rate !!
It doesn't exceed 40%. It's probably somewhere at, 35% now. For EV it will go to 100%.
And then the -- what we have seen, and what we read every day is, more and more momentum, behind the EV movement. So I think Volkswagen really, really pushed boat out with the ID3, ID4 to follow now. We see FCA coming out. We see PSA coming out with volume products that are offering consumers now a much broader choice, much more -- it's becoming mainstream is really rapidly.