YOC AG Reports Significant Revenue and Earnings Growth in the First Half of 2024

Berlin, August 19, 2024 – Ad Tech company YOC AG announced substantial growth in revenue and earnings for the first six months of 2024. The company recorded a 23% increase in consolidated revenue, reaching EUR 15.5 million, compared to EUR 12.6 million in the same period last year.

International operations saw a revenue increase of 14%, while domestic revenue in Germany grew by 31% year-on-year. The expansion of the VIS.X® technology platform and AI-based product solutions contributed 15% to the revenue, driving this growth.

Operating earnings (EBITDA) improved by approximately 200%, reaching EUR 1.8 million, compared to EUR 0.6 million in H1 2023. The consolidated net income increased to EUR 0.9 million, continuing YOC's profitability trend in 2024.

As a result, the equity ratio rose from 26% to 33% by June 30, 2024. Financial figures aligned with the company’s annual guidance. CFO Sebastian Bauermann noted that YOC AG would significantly outperform the European digital advertising market in 2024.