In financial year 2020, YOC AG increased its sales revenues at Group level to EUR 15.5 million (2019: EUR 14.9 million). YOC Group thus managed to limit the negative economic impact of the COVID 19 pandemic on business development. With a 91% increase in trading volume compared to the same period of the previous year, the proprietary technology platform VIS.X® in particular contributed to this development.
Earnings before interest, taxes, depreciation and amortization (EBITDA) improved to EUR 1.8 million (2019: EUR 0.8 million). As a consequence, net income at Group level (including Corporate Functions) amounted to EUR 0.3 million in financial year 2020 (net loss in 2019: EUR 0.5 million). Thus, the improvement in the Company’s profitability continued in the 2020 financial year.
Interim Report First Quarter 2021
Date of publication: 26 May 2021