Telenav 8-K Results of Operations and Financial Condition

Exhibit 99.1

	TeleNav, Inc.
	Unaudited Reconciliation of Non-GAAP Adjustments
	(in thousands, except for percentage)
	Fiscal Year Ended
	6/30/2010			6/30/2009			6/30/2008
GAAP net income	$	41,410		$	29,618		$	4,607
Stock-based compensation:
Cost of revenue		18			4			2
Research and development		2,604			237			202
Sales and marketing		516			155			194
General and administrative		1,789			111			57
Total stock-based compensation		4,927			507			455
Tax effect of adding back stock compensation		(1,132	)		(38	)		(3	)
Non-GAAP net income *	$	45,205		$	30,087		$	5,059
Revenue	$	171,162		$	110,880		$	48,065
Non-GAAP net income margin		26%			27%			11%

* Non-GAAP net income represents net income exclusive of stock-based compensation expense net of the related tax effect

	TeleNav, Inc.
	Unaudited Reconciliation of Non-GAAP Adjustments
	(in thousands, except for percentage)
	Three Months Ended		Fiscal Year Ended
	6/30/2010		6/30/2010		6/30/2009		6/30/2008
EBIT *	$	17,769	$	68,410	$	42,292	$	4,781
Stock-based compensation:
Cost of revenue		4		18		4		2
Research and development		1,863		2,604		237		202
Sales and marketing		170		516		155		194
General and administrative		1,443		1,789		111		57
Total stock-based compensation		3,480		4,927		507		455
Non-GAAP EBIT **		21,249		73,337		42,799		5,236
Depreciation and amortization		1,736		5,197		2,390		1,495
Non-GAAP EBITDA ***	$	22,985	$	78,534	$	45,189	$	6,731
Revenue	$	49,510	$	171,162	$	110,880	$	48,065
Non-GAAP EBITDA margin		46%		46%		41%		14%

* Represents income from operations

** Non-GAAP EBIT represents income from operations exclusive of stock-based compensation expense

*** Non-GAAP EBITDA represents income from operations exclusive of stock-based compensation expense and depreciation and amortization expense

	TeleNav, Inc.
	Revenue by Market
	(in thousands, except for percentage)
	Fiscal Year Ended
	6/30/2010
	Revenue		Percentage
M-Navigation/LBS US Market	$	156,209	91%
Other M-Internet Opportunities		10,014	6
M-Navigation/LBS Global Market		4,939	3
	$	171,162	100%