TomTom [TOM2] kicked off 2025 with a modest revenue increase and notable progress across its Automotive and Enterprise segments, the company reported this week. CEO Harold Goddijn emphasized the momentum behind the company’s mapping investments, which are fueling growth in sectors such as fleet management and geospatial analytics.

“We had a healthy start to the year,” Goddijn said in a statement, highlighting TomTom Orbis Maps’ expanding capabilities. The company’s 3D map layers, essential for supporting higher levels of vehicle autonomy, are gaining commercial traction as automakers push to modernize their software and improve customer experiences.

TomTom’s Location Technology segment brought in €121 million (about $131 million), a 2 percent year-over-year increase, while Automotive operational revenue rose 5% to €83 million (approximately $90 million). Overall group revenue was up slightly to €140 million (around $151 million). Free cash flow improved, narrowing to an outflow of €3 million (about $3.2 million) compared to €9 million (roughly $9.7 million) a year earlier.

The company also advanced its AI initiatives, joining the European Union’s AI Champions Initiative to bolster innovation across the continent. TomTom’s mapping tools are being used to optimize electric vehicle charging networks, assess climate risk, and enhance logistics efficiency for commercial fleets.

In other company news, at TomTom’s annual meeting, shareholders reappointed Goddijn as CEO and added Pete Thompson to the supervisory board. (See paid subscriber access for more insight).