DGAP-News
YOC AG: Publication of annual financial statements 2020: YOC AG with profit increase - VIS.X(R) trading platform as driver of corporate development - Seite 2
All these steps position YOC Group as a technology-based provider of high-impact programmatic advertising at the forefront of the advertising market. As a consequence, the trading volume of the VIS.X(R) platform, which was already the driver of the company's development in the past financial year 2020, should increase significantly.
Sebastian Bauermann, Director Finance of YOC AG: "With regard to the growth of our business activities, we are positive and consistently pursue our strategic mission to achieve a better advertising experience for everyone with our VIS.X(R) platform. An essential part of this strategy will thus continue to be increasing investments in innovation. As a result, we are effectively expanding our competitive position and laying the foundation for further increasing the value of the Company."
* EBITDA corresponds to the definition in YOC AG's report on the financial year 2020 (available at https://yoc.com/de/investor-relations-yoc/finanzen-geschaeftsbericht/)
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.: +49-30-726162-0
ir@yoc.de
www.yoc.com
28.04.2021 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.