YOC AG: YOC AG with revenue growth of around 20% in the first half of FY2021 - VIS.X(R) trading platform as driver of company's Development

DGAP-News: YOC AG / Key word(s): Development of Sales/Monthly Figures YOC AG: YOC AG with revenue growth of around 20% in the first half of FY2021 - VIS.X(R) trading platform as driver of company's Development 11.05.2021 / 06:30 The issuer is solely responsible for the content of this announcement. YOC AG with revenue growth of around 20% in the first half of FY2021 - VIS.X(R) trading platform as driver of company's Development Berlin, May 11, 2021 - Despite the ongoing adverse circumstances in the context of the Corona pandemic, YOC Group will increase its revenues at Group level by around 20% in the first half of financial year 2021 compared to the same period of the previous year. After a still modest first quarter of 2021 with sales revenues of EUR 3.5 million (Q1/2020: EUR 3.3 million), which was influenced by restrained spending levels of some advertisers, revenues in the second quarter of 2021 are expected to increase by more than 35% to approximately EUR 4.0 million (Q2/2020: EUR 2.9 million). In total, the company expects revenues for the first half of 2021 to amount to around EUR 7.5 million (H1/2020: EUR 6.2 million). Consequently, operating earnings before interest, taxes, depreciation and amortization (EBITDA)* in the first half of financial year2021 are expected to be EUR 0.7 million to EUR 0.8 million (H1/2020: EUR 0.5 million). Sebastian Bauermann, Director Finance of YOC AG: "The growth trend of our company, driven by our technology platform VIS.X, will continue in the second half of 2021. As a result, we expect revenues at Group level of EUR 17.0 million to EUR 18.0 million (2020: EUR 15.5 million) and an operating result (EBITDA)* of EUR 1.8 million to EUR 2.3 million (2020: EUR 1.8 million) for the full year 2021. Net income in 2021 will increase to between EUR 0.8 million and EUR 1.3 million (2020: EUR 0.3 million)." * EBITDA corresponds to the definition in YOC AG's report on the financial year 2020 (available at https://yoc.com/investor-relations/financial-reports/) About YOC YOC is a technology company and develops software for the digital advertising market. With the help of our programmatic trading platform VIS.X(R) we enable an optimal advertising experience for advertisers, publishers and users of the mobile internet and mobile applications. By using the platform VIS.X(R) and YOC's proprietary ad formats, advertisers can increase awareness for their brand or products in combination with high-quality advertising inventory. Renowned premium publishers offer global media reach and benefit from the high monetization of our platform VIS.X(R). As a pioneer in mobile advertising, the company has been operating since 2001 and has been listed in the Prime Standard of Deutsche Börse since 2009. The company's headquarters are located in Berlin. The company also operates branches in Düsseldorf, Hamburg, Vienna and Warsaw. Further information on the YOC Group and our products can be found at yoc.com. Contact YOC AG Investor Relations Greifswalder Str. 212 10405 Berlin Tel.: [phone] [e-mail] www.yoc.com   11.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	YOC AG
	Greifswalder Str. 212
	10405 Berlin
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.yoc.com
ISIN:	DE0005932735
WKN:	593273
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1194558

End of News	DGAP News Service

1194558  11.05.2021