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UMT United Mobility Technology AG — Earnings Release 2016
May 16, 2017
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Earnings Release
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News Details
Corporate | 16 May 2017 14:03
UMT publishes preliminary group figures 2016 – Total output more than doubled
DGAP-News: UMT United Mobility Technology AG / Key word(s): Preliminary Results
16.05.2017 / 14:03
The issuer is solely responsible for the content of this announcement.
Munich, 16 May 2017
Corporate News
UMT publishes preliminary group figures 2016 – Total output more than doubled
UMT Group could significantly enhance key figures for total output, earnings and shareholders’ equity for the financial year 2016. According to preliminary calculations, the total operative performance grew by 109.2% to TEUR 4,745 (previous year: TEUR 2,268), gross profit at group level amounted to TEUR 3,759 in the reporting period (previous year: TEUR 1,052). Operating result before interest and tax (EBIT) increased considerably in 2016 to TEUR 347 (previous year: TEUR -802). UMT Group’s earnings before tax (EBT) reached TEUR 208 (previous year: TEUR -916) and the company posted net earnings of TEUR 207 (previous year: TEUR -917), leading to an EPS of EUR 0.01 (previous year: EUR -0.06).
The company’s healthy balance sheet structure improved significantly. Shareholders’ equity increased by TEUR 8,014 to TEUR 18,383 (previous year: TEUR 10,369).
UMT United Mobility Technology AG will for the first time publish consolidated accounts in accordance with German-GAAP for 2016. The published figures in this statement are following HGB rules and preliminary.
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 .
Shares of UMT United Mobility Technology AG (German Securities ID: 528610, ISIN: DE0005286108), are traded on Xetra, Frankfurt Stock Exchange and are listed in Deutsche Börse AG’s Basic Board segment.
Contact:
UMT United Mobility Technology AG
Investor Relations
Anna Kroh
Brienner Strasse 7
80333 Munich
E-Mail: [email protected]
T: +49 89 20500-680
F: +49 89 20500-555
www.umt.ag
16.05.2017 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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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 |
| End of News | DGAP News Service |