UMT Group publishes Annual Report 2020: Revenue and earnings significantly improved - strong growth expected in 2021
About UMT AG: As a "TechnologyHouse", UMT United Mobility Technology AG stands for the development and implementation of customized solutions for the digitalization of business processes. As a FinTech company, UMT licenses one of the largest mobile payment platforms in Europe and acts as a central interface between all relevant parties such as large retail chains, banks, bonus program providers and end consumers. UMT's technology is in live operation at around 16,000 stores and 71,000 checkouts. In Germany alone, over 14 million users have been able to use UMT's mobile payment technology for 5 years.
The IT and consulting expertise built up over a decade in the field of e-commerce and payment (Multi-Currency & Crypto-Money) is the basis for value-creating investments in companies with a low level of digitalization. The focus of activities is on medium-sized companies with future-oriented and stable business models. The aim is to unlock new growth potential through active further development, particularly in the area of digitization, and a forward-looking buy-and-build strategy for the specific consolidation of a fragmented market, and thus to realize significant revenue and earnings growth with sustainable profitability and steady cash flow.
09.07.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: UMT United Mobility Technology AG Brienner Stra?e 7 80333 M?nchen
Germany Phone: +49 (0) 89 20 500 680 Fax: +49 (0) 89 20 500 555 E-mail: email@example.com Internet: www.umt.ag ISIN: DE000A2YN702 WKN: A2YN70 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Basic Board), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1217041 ? End of News DGAP News Service