UMT United Mobility Technology AG reported preliminary consolidated earnings results for 2020. According to preliminary calculations, the UMT Group's total operating performance more than doubled to EUR 27,552,000 in 2020 (previous year: EUR 13,592,000). Revenue increased by 103% and reached EUR 25,775,000 (previous year: EUR 12,718,000). Consolidated operating earnings before interest and taxes (EBIT) rose by a disproportionately high 381% to EUR 5,212,000 (previous year: EUR 1,083,000). As a result, the UMT Group's net profit for the year rose by 255% to EUR 3,783,000 (previous year: EUR 1,065,000).