Munich, 22 October 2019

Corporate News

UMT publishes half-year report 2019: Sharpening and expansion of UMT business model leads to increase in revenues, EBITDA and consolidated net income

UMT United Mobility Technology AG (UMT) today published its half-year report 2019. The group recorded solid growth in revenue, EBITDA and consolidated net income. By sharpening the business model and thus further adapting it to market requirements, the course has been set for the positive future development of UMT.

The Group's total operating performance in the first half of 2019, at TEUR 6,504, was thus higher than in the previous year (TEUR 6,488). Revenues developed positively, rising to TEUR 5,724 compared to TEUR 5,325 in the first half of the previous year. EBITDA at Group level increased to TEUR 1,689 from TEUR 1,030 in the first half of the previous year. Earnings before interest and taxes (EBIT) also increased to TEUR 1,002 compared to TEUR 520 in the same period of the previous year. Below the line, the UMT Group closed the first half of 2019 with a consolidated net income of TEUR 980 compared to TEUR 485 in the same period of the previous year.

The robust business development in the reporting period reflects the needs of business customers and end consumers for a broad range of services from a single source. Following the acquisition of the licence rights by its long-standing cooperation partner PAYBACK in December 2018, UMT now has the opportunity to offer its white label solution and related consulting services to an extended range of customers. UMT is focusing its attention on the area of the Industrial Internet of Things (IoT), as UMT AG's technology is particularly suitable for implementing pay-per-use and machine-to-machine (M2M) payment applications - particularly also using 5G - across all manufacturers and production processes.

UMT also launched its LOYAL App in August 2019, which is now available in the Apple App Store and Google Play Store for iOS and Android operating systems. After the successful launch, the App will now be successively expanded with all essential features in order to offer the user discounts, bonuses or cashbacks tailored to their specific needs. To this end, the Group is introducing the latest artificial intelligence (AI) methods, such as Unsupervised Learning, Reinforcement Learning and NLP (Natural Language Processing), which are currently being trained. In this way, new standards are set in the selection of the best deals and user relevance, and cross-language and cross-border distribution is made possible. With the Meta-App, the group of companies is taking advantage of the considerably higher scalability of the B2C market and proving its flexibility and high implementation competence in penetrating new business fields.

"By expanding our business model to include industrial applications and exploiting the potential of the consumer market combined with the use of state-of-the-art technologies, UMT is very well positioned in the market. Thanks to the high technical penetration in the retail sector and our flexible platform, which we can now make available to many new customers expanded to include artificial intelligence, pay-per-use and 5G, we feel well-positioned to benefit from an overall market that is changing to the advantage of the group," says Dr. Albert Wahl, CEO of UMT United Mobility Technology AG.

The half-year report is available on the Company's website at www.umt.ag.

About UMT AG:
UMT United Mobility Technology AG is a FinTech company specialising in the development and implementation of customised mobile payment and blockchain solutions, particularly for major customers. As a white label technology provider, the company operates one of the largest mobile payment platforms in Europe. UMT acts as a central interface between all relevant parties such as large retail chains, banks, bonus programme providers and end consumers. UMT's technology is in live operation at around 16,000 branches and 71,000 checkouts. In Germany alone, over 14 million users can use UMT's mobile payment technology. In addition, UMT offers its customers services in the area of customer loyalty programs and smart data along the entire value chain. With the innovative LOYAL-App, UMT offers its users an efficient way to use loyalty programs and a modern mobile payment solution.

The UMT United Mobility Technology AG share (GSIN A2YN70, ISIN DE000A2YN702) is traded on the Frankfurt Stock Exchange and is listed on the Basic Board of Deutsche Boerse AG.

Contact:
UMT United Mobility Technology AG
Investor Relations
Irmi Aigner
Brienner Strasse 7
D-80333 Munich
Tel: +49 89 20500-680
Fax: +49 89 20500-555
E-Mail: [email protected]
www.umt.ag