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YOC Yoc AG News Story

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Germany's YOC Q1 revenue rises 10% on international growth

Overview

German ad tech firm's Q1 revenue grew 10% yr/yr, driven by international business growth

Gross profit margin improved from prior quarters due to efficiency measures and better purchasing conditions

Q1 EBITDA rose to EUR 0.2 mln, but net income remained negative due to scheduled depreciation

Outlook

YOC expects gross profit margin to gradually increase over coming quarters

Company sees continued expansion of VIS.X platform supporting margin improvement

YOC says international business is increasingly contributing to earnings stabilization and improvement

Result Drivers

INTERNATIONAL GROWTH - Co said international business revenue rose 22%, offsetting flat domestic performance

EFFICIENCY MEASURES - Gross profit margin improvement was attributed to initial effects of efficiency measures and improved purchasing conditions

VIS.X PLATFORM EXPANSION - Continued expansion of the VIS.X platform supported scale effects and sustainable growth

Company press release: ID:nEQ9xfKYRa

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 RevenueEUR 8 mln
Q1 Net Income-EUR 400,000
Q1 EBITDAEUR 200,000
Analyst Coverage The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell" The average consensus recommendation for the software peer group is "buy." Wall Street's median 12-month price target for Yoc AG is €13.00, about 91.2% above its May 25 closing price of €6.80 The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 5 three months ago For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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