29.04.2024 08:00:37 - EQS-News: YOC AG with Profitable Growth through Internationalization and Development of Artificial Intelligence for the VIS.X® Technology Platform in Financial Year 2023

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EQS-News: YOC AG / Key word(s): Annual Report/Annual Results
YOC AG with Profitable Growth through Internationalization and Development of Artificial Intelligence for the VIS.X®
Technology Platform in Financial Year 2023
2024-04-29 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.
YOC AG with Profitable Growth through Internationalization and Development of Artificial Intelligence for the VIS.X®
Technology Platform in Financial Year 2023
Berlin, April 29, 2024 - The ad tech company YOC AG (Frankfurt, Prime Standard, ISIN: DE 0005932735) increased its
consolidated revenue in the past financial year 2023 by around 31% to EUR 30.6 million (2022: EUR 23.4 million).
At the same time, operating earnings before interest, taxes, depreciation, and amortization (EBITDA)* according to IFRS
increased by around EUR 0.9 million to EUR 4.4 million (2022: EUR 3.5 million). The consolidated net income rose to EUR
2.9 million (2022: EUR 2.3 million).
In addition to the growth in key financial figures, YOC AG also expanded its international presence as well as its
platform and product offerings:
. Expansion of business activities and continuous expansion of platform functionalities led to strong
growth, accounting for 80% of the total revenue increase;
. Market entry into the Northern European region through the acquisition of Nostemedia Oy based in
Helsinki. The initial consolidation of the subsequently renamed YOC Finland Oy contributed approximately 20% to the
overall growth;
. Integration of the VIS.X® Artificial Intelligence (VIS.X® AI), an innovative module of the VIS.X®
technology platform, which combines extensive algorithms and machine learning models. Based on the internally
developed artificial intelligence, advertising customers benefit from significantly improved performance metrics of
their deals and campaigns;
. Introduction of the YOC Universal Video Solution based on VIS.X® AI. With the YOC Universal Video
Solution, video formats are automatically converted into various high-impact advertising formats to achieve maximum
visibility and attention;
. Standardization and automation of business processes lead to efficiency gains and enable further
expansion of business activities.
Dirk-Hilmar Kraus, CEO of YOC AG: "Our strategy to position VIS.X® as the technological trading platform for
high-impact advertising formats in the digital advertising market is based on growth in our existing markets, the
introduction of the VIS.X® platform in new markets, and the development and provision of new trading technologies,
advertising products, and digital inventory sources. The potential of artificial intelligence in our industry is high -
we will further advance the differentiation with our VIS.X® AI from other technology platforms to be among the leading
technology companies in our industry."
*EBITDA corresponds to the definition in the YOC AG's annual report for the financial year 2023 (available at: https://
yoc.com/investor-relations/financial-reports/)
About YOC
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
ir@yoc.com
www.yoc.com
2024-04-29 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com  
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: 1889597

End of News EQS News Service
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1889597 2024-04-29 CET/CEST

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END) Dow Jones Newswires

April 29, 2024 02:00 ET (06:00 GMT)
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
YOC AG O.N. 593273 Xetra 19,700 31.05.24 17:35:59 -0,200 -1,00% 0,000 0,000 19,900 19,900

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