YOC AG Achieves 36% Increase in Revenue in the First Quarter of 2024

Berlin, May 27, 2024 – Ad tech company YOC AG (Frankfurt, Prime Standard, ISIN: DE0005932735) reported a 36% increase in consolidated revenue, reaching EUR 7.1 million in Q1 2024. This growth stems from positive developments in existing markets, the introduction of the VIS.X® platform in new markets, and new trading technologies and advertising products.

Organic growth contributed 25%, with YOC Finland Oy adding approximately 30% to overall growth. Operating earnings before interest, taxes, depreciation, and amortization (EBITDA) rose to EUR 0.7 million, while consolidated net income amounted to EUR 0.2 million, continuing the company’s profitability increase.

The strategic focus on the in-house VIS.X® platform has positioned YOC as a key player in high-impact advertising formats in the digital advertising market. CFO Sebastian Bauermann noted that investments in VIS.X®, especially in AI for media trading optimization, are contributing to the scaling of YOC’s business model, forecasting continued growth in 2024.