17.04.2015
YOC AG DE0005932735
DGAP-News: YOC AG: Preliminary figures for financial year 2014 / Strategic realignment has increased gross profit
DGAP-News: YOC AG / Key word(s): Preliminary Results
YOC AG: Preliminary figures for financial year 2014 / Strategic
realignment has increased gross profit
17.04.2015 / 09:30
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YOC AG: Preliminary figures for financial year 2014 / Strategic realignment
has increased gross profit
Berlin, 17 April 2015 - YOC AG (ISIN DE0005932735) has reported the
following preliminary figures under IFRS accounting (to allow for better
comparability, all figures are presented excluding the business units sold
in the financial years 2013 and 2014):
The results in total output amounted to EUR 12.3 million in 2014 (2013: EUR
13.3 million). EBITDA adjusted for non-recurring items related to the
restructuring programme came to EUR - 2.3 million (2013: EUR -6.6
million). The adjusted EBITDA has steadily grown over the course of the
financial year 2014.
The restructuring programme initiated in autumn 2013 resulted in the sale
of weaker growing business units that yielded EUR 5.0 million and in
positive effects of EUR 1.4 million deriving from the restructuring
process. The positive effect on equity totalled EUR 6.4 million (including
EUR 0.4 million in 2013).
Revenue came to EUR 9.4 million in the financial year 2014 compared to EUR
11.9 Million in the previous year. Revenue in the German-speaking market
increased by 16% on a year-on-year basis. In Austria, YOC has retained its
leadership in the market. It reported a rise in sales by 63%. In Spain,
sales dropped significantly due to the losses reported in Q4 2013. The
efforts of the new team have started to make progress with the successful
procurement of relevant partners in Q4 2014. We anticipate positive sales
growth in future by concluding further cooperation agreements (e.g.
Shazam). The British market has seen the first positive effects of YOC's
efforts to position itself successfully in the mobile programmatic market
in the second half of 2014, which resulted in an improved operating result
in Q4 2014.
The transformation of its business model and the strategic focus on
becoming a mobile premium programmatic provider have helped the Group to
reach a new product level. In 2014, the Group had started to promote the
development of product innovations generating higher gross profits. These
measures led to an increase in the gross margin to reach 32 % (2013: 29%)
and a stronger market position.
Net Income of the YOC Group totalled EUR 3.0 million, including the revenue
from the sold business units. Equity rose by EUR 3.0 million in line with
the development of the net income of the Group.
The Management Board expects further improvement of operative earnings in
2015 as a result of the strategic realignment.
The 2014 annual report with the final figures for Q4 2014 and the full 2014
financial year will be published on 30 April 2014.
Contact
YOC AG:
Martina Serwene
Investor Relations
Rosenstr. 17
10178 Berlin
telephone: +49-30-726162-322
fax: +49-30-726162-222
[email protected]
www.yoc.com
About YOC
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 its own SDK
infrastructure, a publisher frontend and innovative advertising formats for
optimised marketing of mobile advertising inventory. Top international
advertisers such as Microsoft, Google, Mercedes-Benz, Vodafone, Coca-Cola,
Dior and Samsung work with YOC to implement several thousand campaigns
across Europe every month. YOC 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 platforms, YOC reaches
around 40 million Internet users per month in Europe. In 2012, YOC received
the Mobile Gold Award from Cannes Lions for the YOC Mystery Ad format. YOC
has been listed in the Prime Standard on the Frankfurt Stock Exchange since
2009, and today it employs 70 people at offices in Berlin, Düsseldorf,
London, Madrid, Paris and Vienna. Find out more at www.yoc.com.
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17.04.2015 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.
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Language: English
Company: YOC AG
Rosenstr. 17
10178 Berlin
Germany
Phone: +49 (0)30-72 61 62 322
Fax: +49 (0)30-72 61 62 222
E-mail: [email protected]
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Munich, Stuttgart
End of News DGAP News-Service
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