01.07.2024 08:01:07 - dpa-AFX: EQS-News: YOC AG: Significant Profitability Increase According to Preliminary Figures in the First Half of 2024 (english)

YOC AG: Significant Profitability Increase According to Preliminary Figures
in the First Half of 2024

EQS-News: YOC AG / Key word(s): Development of Sales
YOC AG: Significant Profitability Increase According to Preliminary Figures
in the First Half of 2024

01.07.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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YOC AG: Significant Profitability Increase According to Preliminary Figures
in the First Half of 2024

Berlin, July 01, 2024 - The Ad Tech company YOC AG (Frankfurt, Prime
Standard, ISIN: DE 0005932735) increased its consolidated revenue in the
first half of 2024 to an expected 15.3 million EUR to 15.6 million EUR
according to preliminary IFRS figures (H1/2023: 12.6 million EUR). All
markets in which the YOC Group operates have significantly contributed to
this growth.

In light of these developments, YOC AG expects operating earnings before
interest, taxes, depreciation, and amortization (EBITDA)* of 1.6 million EUR
to 1.8 million EUR (H1/2023: 0.6 million EUR) in the first half of 2024. The
consolidated net income is expected to be between 0.5 million EUR and 0.8
million EUR (H1/2023: -0.2 million EUR).

YOC AG's revenue and earnings for the first half of 2024 are in line with
the full-year forecast for 2024.

Dirk Kraus, Chief Executive Officer (CEO) of YOC AG, stated: "In the past
three fiscal years, we have achieved annual revenue growth of more than 20%
each year. New trading functionalities of our technology platform VIS.X® and
the expansion of product solutions based on artificial intelligence (AI)
continue this corporate development."


YOC AG will release the report for the first half of 2024 as scheduled on
August 19, 2024.

*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 a technology company that develops software for the digital
advertising market. With the help of our programmatic trading platform
VIS.X®,
we enable 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 to increase 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 a pioneer 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


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01.07.2024 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

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   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:    1935029




End of News EQS News Service
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1935029 01.07.2024 CET/CEST
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
YOC AG O.N. 593273 Xetra 20,000 03.07.24 11:20:49 ±0,000 ±0,00% 19,800 20,000 20,000 20,000

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