YOC AG

YOC

Equity

ISIN DE0005932735 / Valor 2573595

Xetra (2024-09-18)

EUR 17.80%

YOC AG
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About company

YOC AG is a digital advertising company that operates a proprietary platform called VIS.X®. This platform serves as a marketplace connecting premium advertisers with premium publishers, allowing for high-volume media trading in a scalable and effective manner. YOC's ad formats are integrated with hundreds of renowned publishers, aiming to enhance engagement, viewability, and click-through rates for brands. The company's products are developed in-house by their tech team, with a focus on innovation and quality.

Summarized from source with an LLMView SourceSector: Technology

Revenue Growth

YOC AG reported a significant increase in its consolidated revenue for the financial year 2023, achieving a 31% growth to EUR 30.6 million, compared to EUR 23.4 million in 2022. This substantial rise underscores the company's robust performance and successful business strategies.

EBITDA Increase

In the same period, YOC AG's operating earnings before interest, taxes, depreciation, and amortization (EBITDA) according to IFRS saw an increase of approximately EUR 0.9 million, reaching EUR 4.4 million, up from EUR 3.5 million in 2022. This improvement highlights the company's enhanced operational efficiency and profitability.

Net Income Rise

YOC AG's consolidated net income for the financial year 2023 rose to EUR 2.9 million, compared to EUR 2.3 million in the previous year. This increase in net income reflects the company's successful revenue growth and effective cost management strategies.

International Expansion

During the financial year 2023, YOC AG expanded its international presence by entering the Northern European market through the acquisition of Nostemedia Oy, based in Helsinki. The initial consolidation of the newly renamed YOC Finland Oy contributed approximately 20% to the overall revenue growth.

Technological Advancements

YOC AG introduced the VIS.X® Artificial Intelligence (VIS.X® AI) module to its technology platform, enhancing advertising performance through advanced algorithms and machine learning models. Additionally, the company launched the YOC Universal Video Solution, which automatically converts video formats into high-impact advertising formats, further driving visibility and engagement.

Summarized from source with an LLMView Source

Key figures

38.5%1Y

74.5%3Y

249%5Y

Performance

46.6%1Y

44.5%3Y

52.9%5Y

Volatility