EQS-News: YOC AG
/ Key word(s): Preliminary Results
YOC AG: Fiscal year 2024 with earnings per share of EUR 1.07 based on preliminary figures - further growth and operational economies of scale in 2025
Berlin, 26 February 2025 – According to preliminary IFRS figures, the ad tech company YOC AG (Frankfurt, Prime Standard, ISIN: DE 0005932735) increased its consolidated revenue in financial year 2024 by around 14% year-on-year to an expected EUR 35.0 million (2023: EUR 30.6 million). The business model therefore remains resilient to the general economic environment. Earnings before interest, taxes, depreciation and amortisation (EBITDA)* are expected to improve to around EUR 5.2 million (2023: EUR 4.4 million). Start-up costs of around EUR 0.3 million in the course of the expansion into the Swedish market had a countervailing effect on profitability in the past financial year 2024. Consolidated net profit for the period is expected to amount to around EUR 3.7 million in the 2024 financial year (2023: EUR 2.9 million). Earnings per share thus increased by 29% from EUR 0.83 to an expected EUR 1.07. At the same time, YOC Group's equity ratio according to IFRS is projected to improve to around 35% (2023: 24%). Sebastian Bauermann, CFO of YOC AG: ‘The investments in our VIS.X® platform are becoming increasingly noticeable in the scaling of our business model. In the past financial year 2024, we were thus able to further increase all platform-related key performance indicators. After a successful start into the 2025 financial year so far, we expect the strong growth momentum to continue.’ *EBITDA corresponds to the definition in the YOC AG report for financial year 2023 (available at: https://yoc.com/de/investor-relations-yoc/finanzen-geschaeftsbericht/) All figures are preliminary and unaudited. YOC AG will publish the audited figures for financial year 2024 as planned on 28 April 2025. YOC is atechnology company that develops software for the digital advertising market. With the help of our programmatic trading platform VIS.X®, weenable an optimal advertising experience for advertisers, publishers, and internet and mobile application users. Advertisers using VIS.X®and YOC’s attention-grabbing ad formats have the opportunity toincrease brand and product visibility in conjunction with high-quality ad inventory. Renowned premium publishers offer global media reach and benefit from the high monetization of our VIS.X®platform. The company has been apioneer in mobile advertising since 2001 and has been listed on the Prime Standard of the Frankfurt Stock Exchange since 2009.
CONTACT: YOC AG Investor Relations Greifswalder Str. 212 10405 Berlin Tel.: +49-30-726162-0
26.02.2025 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. |
Language: | English |
Company: | YOC AG |
Greifswalder Str. 212 | |
10405 Berlin | |
Germany | |
Phone: | +49 (0)30-72 61 62 322 |
Fax: | +49 (0)30-72 61 62 222 |
E-mail: | ir@yoc.com |
Internet: | www.yoc.com |
ISIN: | DE0005932735 |
WKN: | 593273 |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 2092061 |
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