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/)
Since its foundation in 2001, 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, Warsaw and Vienna.
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