Preliminary figures for 2019 and growth forecast for 2020 – VIS.X trading platform as driver of corporate development

Full year 2019 with revenues of EUR 15.1 million and operating profit of EUR 0.5 million

Q4/2019 with a positive EBITDA ratio of around 14 %

Revenue forecast for fiscal year 2020 of EUR 17.0-18.0 million and further increase in EBITDA to EUR 1.0-1.5 million

Berlin, 26 February 2020 – YOC AG (ISIN DE0005932735) increased its sales at group level in the 2019 financial year to an expected EUR 15.1 million (2018: EUR 14.5 million) according to preliminary IFRS figures. As a result, operating result (EBITDA)* in the past 2019 financial year is expected to improve by EUR 0.1 million to EUR 0.5 million (previous year: EUR 0.4 million).

In particular, the proprietary technology platform VIS.X, which was launched at the beginning of the 2018 financial year, processed a significantly increased trading volume. The proprietary platform VIS.X enables the programmatic (automated) trading of YOC’s high-impact advertising products and positions the company as a high-quality advertising technology player.

The company is expected to close the fourth quarter of 2019 with revenues of EUR 4.9 million and a positive EBITDA of EUR 0.7 million. This corresponds to an EBITDA ratio of around 14 %.

Due to the temporary closure of the UK operations and thus in compliance with the requirements of IFRS 5, the discontinued operations have to be shown separately. Further more, the prior-year figures need to be adjusted for better comparability.

As a result, sales of the continuing business segment in the past fiscal year 2019 are expected to amount to EUR 15.1 million (2018: EUR 13.9 million) with EBITDA of EUR 0.6 million (2018: EUR 0.6 million).

For the financial year 2020, the company expects rising sales of EUR 17.0 million to EUR 18.0 million with a disproportionately low increase in the cost structure and EBITDA of EUR 1.0 million to EUR 1.5 million.

Dirk-Hilmar Kraus, CEO of YOC AG: “A period of accelerated growth lies ahead of us, which will be primarily driven by our VIS.X technology platform. Our revenue is increasingly shifting towards scalable automated trading of our advertising products, which will increase our profitability”.

All published figures are preliminary and unaudited. YOC AG will publish the final financial figures for the 2019 financial year as planned on 29 April 2020.

* EBITDA corresponds to the definition in YOC AG’s report for the first half of 2019 (available at https://yoc.com/investor-relations/financial-reports/)

CONTACT

YOC AG

Investor Relations

Greifswalder Str. 212

10405 Berlin

Tel.: +49-30-726162-0

ir@yoc.com