TeleNav 2015 Annual Report Download - page 119

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Table of Contents
Revenue by geographic region is based on the billing address of our customers. The following table sets forth revenue and property and
equipment by geographic region (in thousands):
14. Employee savings and retirement plan
We sponsor a defined contribution plan under Internal Revenue Code Section 401(k), or the 401(k) Plan. Most of our U.S. employees are
eligible to participate following the start of their employment. Employees may contribute up to the lesser of 100% of their current compensation
to the 401(k) Plan or an amount up to a statutorily prescribed annual limit. We pay the direct expenses of the 401(k) Plan and beginning in July
2006, we began to match employee contributions up to 4% of an employee’s salary. Contributions made by us are subject to certain vesting
provisions. We made matching contributions and recorded expense of $1.3 million , $1.6 million and $1.3 million for fiscal 2015 , 2014 and
2013 , respectively.
F-34
Fiscal Year Ended June 30,
2015
2014
2013
Revenue
Automotive
$
103,100
$
75,153
$
71,476
Advertising
17,941
11,699
3,935
Mobile Navigation
39,198
63,461
116,389
Total revenue
160,239
150,313
191,800
Cost of revenue
Automotive
56,319
37,135
38,247
Advertising
11,710
7,012
2,506
Mobile Navigation
10,755
16,694
28,360
Total cost of revenue
78,784
60,841
69,113
Gross profit
Automotive
46,781
38,018
33,229
Advertising
6,231
4,687
1,429
Mobile Navigation
28,443
46,767
88,029
Total gross profit
$
81,455
$
89,472
$
122,687
Gross margin
Automotive
45
%
51
%
46
%
Advertising
35
%
40
%
36
%
Mobile Navigation
73
%
74
%
76
%
Total gross margin
51
%
60
%
64
%
Fiscal Year Ended June 30,
2015
2014
2013
Revenue
United States
$
153,371
$
141,135
$
177,390
International
6,868
9,178
14,410
Total revenue
$
160,239
$
150,313
$
191,800
June 30,
Property and equipment, net
2015
2014
United States
$
6,319
$
8,128
International
807
686
Total property and equipment, net
$
7,126
$
8,814