Telenav: $45.3M Revenue and $6.6M Loss in Q4 2015



Telenav announced this week their financial earnings for the quarter ended December 31, 2015 (second quarter of their fiscal year 2016). Total revenue was $45.3 million, compared with $44.1 million in the first quarter of fiscal 2016 and $39.8 million in the second quarter of fiscal 2015.

The company posted a (GAAP) net loss for the quarter was $6.6 million, compared with a loss of $10.8 million, in the first quarter of fiscal 2016.

Automotive revenue was $31.8 million, or 70 percent of total revenue, for the second quarter of fiscal 2016, compared with $31.7 million, or 72 percent of total revenue, in the first quarter of fiscal 2016 and $24.1 million, or 61 percent of total revenue, for the second quarter of fiscal 2015.

Advertising revenue was $6.7 million, or 15 percent of total revenue, for the second quarter of fiscal 2016, compared with $4.9 million, or 11 percent of total revenue, for the first quarter of fiscal 2016, and $4.7 million, or 12 percent of total revenue, for the second quarter of fiscal 2015.

Telenav ended the quarter with $110.3 million in cash, cash equivalents and short-term investments and no debt.

Thursday, February 4th 2016


Nav & Telematics | Sport and Outdoor | Location Based Services | Tech & Innovation | Market Data | Finance & Legal | People and Jobs | Voices of the industry | Press Releases