YOC AG Reports 31% Revenue Growth and Profit Expansion in FY 2023: Preliminary Figures

• YOC AG reported a revenue growth of 31% for the financial year 2023, with revenues increasing to EUR 30.6 million from EUR 23.4 million in 2022.
• The company's EBITDA improved to EUR 4.3 million in 2023, up from EUR 3.5 million in 2022.
• The fourth quarter of 2023 saw a revenue growth of around 30% to EUR 10.9 million and a 75% increase in EBITDA to EUR 2.9 million compared to the same period in the previous year.
• The company's net income for the period is expected to increase to around EUR 2.8 million, up from EUR 2.3 million in 2022.
• YOC AG's growth is attributed to its proprietary technology platform VIS.X, which processed all of the company's transaction volume.
• The company expects further dynamic growth and increase in profitability in the financial year 2024.

The next important date, Publication Annual Financial Report, at YOC is on 29.04.2024.

YOC

+3,29 %

-0,64 %

-7,49 %

+16,82 %

+22,62 %

+67,03 %

+199,88 %

+609,37 %

-13,07 %

ISIN:DE0005932735WKN:593273

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