YOC AG achieves 36% increase in Revenue in the first quarter of 2024

EQS-News: YOC AG / Key word(s): Quarter Results/Quarterly / Interim
Statement
YOC AG achieves 36% increase in Revenue in the first quarter of 2024

27.05.2024 / 08:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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YOC AG achieves 36% increase in revenue in the first quarter of 2024

Berlin, May 27, 2024 - The ad tech company YOC AG (Frankfurt, Prime
Standard, ISIN: DE0005932735) was able to increase its consolidated revenue
by 36% to 7.1 million EUR (Q1/2023: 5,2 Mio. EUR) in the first three months
of the current financial year 2024. The revenue growth of the YOC Group
follows the positive developments in existing markets, the introduction of
the VIS.X® platform in new markets, as well as the provision of new trading
technologies, advertising products, and digital inventory sources.

The organic growth of the YOC Group amounted to 25%. The company YOC Finland
Oy (formerly Noste Media Oy), which was consolidated for the first time on
March 21, 2023, contributed approximately 30% to the overall growth.

At the same time, operating earnings before interest, taxes, depreciation,
and amortization (EBITDA)* increased by 0.4 million EUR to 0.7 million EUR
(3M/2023: 0,3 Mio. EUR). The resulting consolidated net income amounted to
0.2 million EUR (3M/2023: 0,0 Mio. EUR). Thus, the steady increase in the
company's profitability continued in the current financial year 2024.

The progress of the YOC Group is based on the strategy to position the
in-house VIS.X® platform as the technological trading platform for
high-impact advertising formats in the digital advertising market.

The financial figures for the first quarter of 2024 developed in line with
the company's budget planning and are thus within the scope of the overall
annual guidance for 2024.

Sebastian Bauermann, Chief Financial Officer (CFO) of YOC AG, stated: "The
investments in our VIS.X® platform, particularly in artificial intelligence
(AI) to optimize media trading in real-time, are increasingly noticeable in
the scaling of our business model. The growth trend of the YOC Group, driven
by our technology platform VIS.X®, will continue throughout the rest of the
year 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.

Contakt

YOC AG
Investor Relations
Greifswalder Str. 212
10405 Berlin
Tel.: +49-30-726162-0
ir@yoc.com
www.yoc.com


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27.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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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:    1910281

End of News EQS News Service
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1910281 27.05.2024 CET/CEST