YOC AG plans revenues of EUR 29.0 million to EUR 30.0 million and increased profitability for the financial year 2023
Publication of inside information pursuant to Article 17 of Regulation (EU) No. 596/2014
Berlin, 03 April 2023 – In the current financial year 2023, YOC AG (ISIN DE0005932735) plans to increase revenues at group level by 24% to 28% year-on-year to EUR 29.0 million to EUR 30.0 million (2022: approx. EUR 23.4 million according to preliminary figures).
Based on this revenue guidance, YOC AG expects to achieve operating earnings before interest, taxes, depreciation and amortization (EBITDA)* of EUR 4.0 million to EUR 4.5 million (2022: approx. EUR 3.5 million according to preliminary figures).
As a result, the Company’s consolidated net profit for the period is expected to be between EUR 2.5 million and EUR 3.0 million in fiscal year 2023 (2022: approximately EUR 2.3 million according to preliminary figures).
The effects of the acquisition of the Finnish Nostemedia Oy in March 2023 (see ad-hoc announcement of YOC AG dated March 21, 2023) have been taken into account accordingly in this revenue and earnings forecast for the current financial year 2023.
* EBITDA corresponds to the definition in the report of YOC AG for the first Half Year 2022 on page 12(available at https://yoc.com/de/investor-relations-yoc/finanzen-geschaeftsbericht/).
Notifying person: Dirk-Hilmar Kraus, Management Board