YOC AG, DE0005932735

YOC AG, DE0005932735

29.11.2017 - 07:49:54

YOC AG with positive outlook for 2017 after growth in third quarter

YOC AG with positive outlook for 2017 after growth in third quarter

- Positive adjusted operating result expected for financial year 2017

- 9M/2017: more than 26 % revenue increase to EUR 10.0 million

- Revenue share of self-developed ad-tech products constantly increasing

Berlin, 29 November 2017 - In connection with the publication of its nine-month report, YOC AG (Frankfurt, Prime Standard, ISIN, DE0005932735) reckons with a positive adjusted operating result for financial year 2017. This is due to the equally successful second half-year of 2017 and the significantly increasing automated media trade.

In the first nine months of financial year 2017, the company recognised a revenue increase of around 26 % to EUR 10.0 million (9M/2016: EUR 8.0 million). The revenue per employee is likewise on the rise, standing at EUR 0.20 million (9M/2016: EUR 0.15 million).

The adjusted operating result before depreciation/amortisation (EBITDA)* as of 30 September 2017 improved by EUR 1.15 million, amounting to EUR -0.10 million (9M/2016: EUR -1.25 million). As the phantom stock option programme for the company's management personnel determined the recognition of unscheduled provisions, YOC Group reported an EBITDA (including these provisions) of EUR -0.48 million (9M/2016: EUR -1.30 million).

Dirk Kraus, founder and CEO of the company: "As published in the previous quarterly reports, the company is constantly improving its earning capacity. This development also continued in the third quarter, so that we will achieve to realise the operating break-even for the year 2017 as a whole. A significant proportion of this is attributable to the notably growing revenue from the strategically important sale via interacting trading systems in real-time (programmatic advertising)."

The financial report of YOC AG for 9M/2017, which has been published today, is ready for download here.  

*EBITDA corresponds to the definition given in the half-year interim report 2017 by YOC AG (available at https://group.yoc.com/en/investor-relations/financial-publications/)

About YOC

With its growth of expertise since 2001, YOC develops innovative digital advertising formats, making them available through its marketplace for both traditional and programmatic buying. With its cutting-edge technology, developed in-house, and tremendous media coverage, the company operates at the forefront of the advertising market. YOC's proprietary products create positive brand awareness and contribute substantially to changing the advertising market. In this way, advertising clients reach their goals - while at the same time the self-developed, unobtrusive formats improve the user experience. Through its long-standing expertise, transparent procedures and an excellent service, YOC creates trust and equally convinces customers and partners. YOC has been listed on the Prime Standard of the Frankfurt Stock Exchange since 2009, and has offices in Berlin, Düsseldorf, London, Madrid, Warsaw and Vienna. Read more here: www.yoc.com.

Contact: YOC AG Martina Serwene Investor Relations Greifswalder Str. 212 10405 Berlin Phone: +49-30-726162-322 Fax: +49-30-726162-222ir@yoc.comwww.yoc.com

29.11.2017 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.de

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: martina.serwene@yoc.com Internet: www.yoc.com ISIN: DE0005932735 WKN: 593273 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart, Tradegate Exchange   End of News DGAP News Service

633611  29.11.2017 

@ dgap.de

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