UMT United Mobility Technology AG - Earnings Release 2016

News Details

Corporate | 1 June 2017 09:00

UMT publishes voluntary consolidated financial statements 2016 and forecast 2017

DGAP-News: UMT United Mobility Technology AG / Key word(s): Final Results

01.06.2017 / 09:00

The issuer is solely responsible for the content of this announcement.

Munich, 01 June 2017

Corporate News

UMT publishes voluntary consolidated financial statements 2016 and forecast 2017

UMT United Mobility Technology AG has published its annual report 2016. The report, which was prepared for the first time as consolidated financial statements in accordance with HGB, is now available on the company’s website at www.umt.ag in the German version. The English version will be posted on the 12 th of June 2017 and will also be available on the company’s website.

– Total Performance up 109.2% to TEUR 4,745 (previous year: TEUR 2,268)

– Gross profit at group level more than tripled to TEUR 3,759 (previous year: TEUR 1,052)

– Consolidated net income of TEUR 207 (previous year: TEUR -917) corresponding to earnings per share of EUR 0.01 (previous year: EUR -0.06)

– Subscribed capital increased by EUR 1,588,805 from EUR 15,888,051 to EUR 17,476,856

Forecast:

Based on the good order backlog and the existing negotiations with potential customers, the management of UMT AG expects a double-digit percentage growth for group sales and earnings in 2017. “Cashless payment, especially mobile payment, is an unstoppable megatrend. This is impressively reflected in our business figures. In the financial year 2016, UMT United Mobility Technology AG substantially enhanced its key figures by considerably increasing its total output, earnings and shareholders’ equity. We want to use this baseline for a continued dynamic and profitable growth, “said Dr. Albert Wahl, CEO of UMT United Mobility Technology AG.

About UMT AG:

UMT United Mobility Technology AG is specialized in the development and implementation of individual mobile payment solutions, especially for large-scale customers, e.g. PAYBACK (American Express Group). As a white-label technology provider, the FinTech company has developed one of the largest mobile payment platforms in Europe. UMT operates between all relevant parties such as large retail chains, banks, bonus program providers and end-users. The technology is currently live in over 10,000 stores and 50,000 cash desks. In Germany, 11 million users are able to benefit from UMT’s mobile payment technology. In addition, UMT provides its customers loyalty programs and Smart Data services along the entire value chain .

The shares of UMT United Mobility Technology AG (German Securities ID: 528610, ISIN: DE0005286108) are traded on the Frankfurt Stock Exchange and are listed on the Basic Board of the Deutsche Börse AG.

Contact:

UMT United Mobility Technology AG

Investor Relations

Anna Kroh

Brienner Strasse 7

80333 Munich

Germany

E-Mail: [email protected]

T: +49 89 20500-680

F: +49 89 20500-555

www.umt.ag

01.06.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

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Language:	English
Company:	UMT United Mobility Technology AG
	Brienner Straße 7
	80333 München
	Germany
Phone:	+49 (0) 89 20 500 680
Fax:	+49 (0) 89 20 500 555
E-mail:	[email protected]
Internet:	www.umt.ag
ISIN:	DE0005286108
WKN:	528610
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Basic Board) in Frankfurt