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YOC AG: YOC publishes preliminary figures for financial year 2016: significant increase in revenue and gross profit

DGAP-News: YOC AG / Key word(s): Preliminary Results YOC AG: YOC publishes preliminary figures for financial year 2016: significant increase in revenue and gross profit 13.03.2017 / 09:25 The issuer is solely responsible for the content of this announcement. YOC publishes preliminary figures for financial year 2016: significant increase in revenue and gross profit

- Around 23 % revenue growth at group level

- Gross profit increase to around 37 % through YOC in-house products

- Operating EBITDA improved by around EUR 1.0 million

Berlin, 13 March 2017 - YOC AG (ISIN DE0005932735) increased the revenue at group level to presumably EUR 11.9 million in financial year 2016, according to preliminary IFRS figures (2015: EUR 9.7 million). The revenue growth year-on-year results from the positive development of the subsidiaries in Spain (+85 %), Germany (+28 %) and Austria (+16 %). Also, the new subsidiary in Poland realised increasing sales contributions in the course of the year. Compared to the other locations, the business development in Great Britain was still not satisfactory. Reappointing key positions and consistently introducing YOC in-house products already led to a significant growth in revenue in the final quarter and, as a consequence, a positive income contribution in this market.

At the centre of the positive business development of YOC Group in financial year 2016 stands the sustainable positioning in the market as a product based provider of mobile programmatic advertising with an array of proprietary products. As a result, the company faced a significant gross profit increase to presumably around 37 % (2013: 29 %; 2014: 32 %; 2015: 33 %).

The operating result before depreciation and amortisation (EBITDA*) in financial year 2016 came to presumably EUR -1.1 to -1.2 million (2015: EUR -1.1 million). In the previous year, the company generated one-off restructuring gains amounting to around EUR 0.9 million. The adjusted EBITDA in financial year 2016 hence improved by around EUR 0.9 million.