Corporate | 25 October 2017 08:00
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DGAP-News: YOC AG / Key word(s): 9-month figures/Preliminary Results
Preliminary figures 9M / 2017: YOC with around 26 % growth – Around 26 % revenue increase as of 9M / 2017 – Further increasing ratio of automated sales (programmatic advertising) – Adjusted EBITDA estimated at EUR -0.1 to -0.2 million (9M / 2016: EUR -1.3 million) Berlin, 25 October 2017 – YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) increased its revenue by around 22 % in the third quarter of 2017 to a prospective EUR 3.3 million, according to preliminary calculations. The company thus reports a quarterly double-digit revenue growth for the eighth time in a row. In the first nine months of the current financial year, YOC Group thereby grew by likely around 26 % year-on-year. YOC Group’s growth is based on the further increasing proportion of the automated sale via interacting trading systems in real time (programmatic advertising). Adjusted for provisions for the phantom stock option programme for the company executives, the adjusted operating result (EBITDA*) came to an estimated EUR -0.1 to -0.2 million in the first nine months of the ongoing financial year. YOC were thereby able to improve the adjusted EBITDA by an estimated EUR 1.1 to 1.2 million (9M / 2016: EUR -1.3 million).
Sebastian Bauermann, Director Finance at YOC AG: “The YOC Group reports a significant increase in revenue and results in the first nine months of 2017. We expect a further improvement in profitability for the final quarter of the year.”
*EBITDA corresponds to the definition in the report of YOC AG for the first half of 2017 (available at
https://group.yoc.com/en/investor-relations/financial-publications/
)
YOC AG
25.10.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
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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: | 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 |