YOC continues positive business development in the first half of 2017
- H1/2017 with first balanced operating result since 2011
- Revenue increase by more than 28 % to EUR 6.7 million
- Gross profit increase to 37.4 % thanks to ad-tech products
Berlin, 30 August 2017 – YOC AG (Frankfurt, Prime Standard, ISIN DE0005932735) reports a balanced result for H1/2017. The operating result of YOC Group before depreciation/amortisation (EBITDA) adjusted for a one-time effect was EUR 0.01 million in the first half of 2017 (H1/2016: EUR -0.7 million).
For the phantom stock option programme for the company’s executive staff, unscheduled provisions in the amount of EUR 0.2 million were made in the second quarter of 2017, due to the price performance of the YOC share. The company hence reports an EBITDA according to IFRS amounting to EUR -0.2 million for the first half of 2017 (H1/2016: EUR -0.7 million).
Following the successful first quarter of 2017, YOC Group recognised a continued increase in sales revenue by more than 28 % to EUR 6.7 million in the first half of 2017 (H1/2016: EUR 5.3 million) along with an increase of the revenue per employee by 34 %. The programmatic business (automated sale via interacting trading systems in real time) accounted for more than one third of the total revenue (H1/2016: 15 %). The revenue share of self-developed ad-tech products also increased significantly, leading to the gross profit ratio increasing to 37.4 % (H1/2016: 35.0 %).
Dirk Kraus, CEO YOC AG: “Through the results for the first half-year, we achieved an important milestone along our path. My thanks go to all employees of the company who made this possible. We will continue along this road, and will further improve our revenue performance and results also in the second half of 2017.”
The financial report of YOC AG for H1/2017 was published today and is ready for download here.
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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