YOC publishes nine-month report; 15 to 20 per cent sales increase expected for Q4 / 2015
Berlin, 26 November 2015 – YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) reports its results in accordance with IFRS for the past nine months of financial year 2015. In addition, double-digit growth is expected for the current quarter.
Total revenue of YOC Group remained at the previous year’s level at EUR 6.6 million (9M/2014: EUR 6.6 million). Operating results of YOC Group before amortisation/depreciation came to EUR -1.1 million in the first nine months of financial year 2015 (9M/2014: EUR -0.9 million). Adjusted for other operating income from the strategic repositioning as well as restructuring activities in both periods, EBITDA stood at EUR -1.8 million as of 30 September 2015 (9M/2014: EUR -2.1 million).
On the product side, YOC continues to push forward with positioning itself as a provider of premium mobile programmatic advertising. The company continues to expand its data-driven mobile advertising solutions in the automated trade of mobile inventory. Altogether, the development of product innovations that promise higher gross margins positively influenced the gross yield which increased to 33 % in Q3 / 2015 year-on-year (9M/2014: 30 %).
After the focus on our core competence of mobile advertising showed a positive effect on the product side in the first nine months of the current year, this development is also reflected on the revenue and results side in the fourth quarter of 2015. The company expects a 15 to 20 per cent sales increase year-on-year in the current fourth quarter. Thus, in the financial year 2015 as a whole we would, for the first time in three years, achieve growth on annual comparison.
Dirk Kraus, Management Board of YOC AG: “Through completing the restructuring process, the focus on our core business of mobile advertising as well as our repositioning in the programmatic mobile sector with innovative products, we have laid the foundation for revenue growth in Q4 / 2015 as well as sustainable revenue development in the coming financial year.”
Details on the corporate key figures for the fourth quarter of 2015 will be published in the following financial publications.
Since its foundation in 2000, YOC has been a pioneer and market leader for mobile advertising, and is currently the leading independent provider of mobile advertising solutions within Europe. Thanks to its ground-breaking technologies such as Programmatic Media Trading and Programmatic Data Targeting, YOC enables advertisers to access specific target groups and make efficient use of their advertising budgets. YOC provides technical solutions and creative mobile advertising formats for optimised marketing of mobile advertising inventory. Already in 2012, YOC received the Mobile Gold Award from Cannes Lions for the YOC Mystery Ad format. Top international advertisers from all industries such as Microsoft, Google, Mercedes-Benz, Vodafone, Coca-Cola, Dior and Samsung work with YOC. The company has an impressive, high-quality mobile premium inventory comprising a portfolio of over 300 international publishers, with extensive coverage and guaranteed brand safety – both for branding and for performance goals. Through its technology platforms, YOC reaches mobile internet users worldwide. YOC has been listed in the Prime Standard on the Frankfurt Stock Exchange since 2009, and has offices in Berlin, Düsseldorf, London, Madrid and Vienna.
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