YOC AG — Earnings Release 2009

Nov 17, 2009

News Details

Corporate | 17 November 2009 08:18

YOC AG: stable company development in Q3/2009

YOC AG / Quarter Results

17.11.2009

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3rd quarter of 2009

YOC AG: stable company development in Q3/2009

* Expansion of business with existing and new customers
* Earnings depressed by extraordinary items
* Positive outlook for the fourth quarter

Berlin, 17. November 2009. YOC AG increased sales over the previous year in
the first nine months of the current financial year: sales by the YOC Group
from January to September 2009 amounted to EUR 18.5 million - 5% higher
than in the same period the previous year. EBITDA were lower than in the
first nine months of 2008 at EUR 0.89 million. Adjusted to eliminate
non-recurring expenses - essentially costs associated with the uplisting to
the Prime Standard - EBITDA totalled EUR 1.2 million (previous year: EUR
1.8 million).

In the current financial year, the advertising industry has been hit
increasingly hard by the economic and financial crisis and the advertising
budget cuts that have been substantial in some cases. In this environment,
the YOC Group succeeded in achieving a moderate increase in sales in the
third quarter of EUR 0.3 million over the same quarter the previous year to
EUR 6.4 million. EBITDA for the third quarter amounted to EUR 0.2 million.

Dirk Kraus, CEO of YOC AG, draws positive conclusions about the first nine
months of the year: 'We succeeded in making major strategic advances with
YOC AG in the past nine months. In a difficult environment, we generated
further growth, expanded the international market presence and uplisted YOC
AG to the Prime Standard at Frankfurt Stock Exchange.'

Good growth prospects
YOC AG managed to complete standardisation of the platforms for the three
core areas (mobile marketing, mobile advertising and mobile Internet)
successfully in the third quarter of 2009. In doing this, the company has
created the basis for highly standardised operations and thus high
scalability of the business with new national and international customers.

The growth drivers in the market for mobile marketing and mobile Internet
continue to be the increasing popularity of mobile phones, rising
transmission speeds due to greater use of UMTS and the rapid success of
smartphones with larger screens. More and more important roles are being
played in this context by mobile phones as an advertising medium and by
mobile marketing in the marketing mix - these developments form the basis
for future growth by YOC AG.

In the third quarter, YOC AG started to implement the strategic objectives
outlined at the annual shareholders' meeting this year. They include
expansion of the company's international presence via the acquisition of
Mobile Interactive Advertising Media S.L. in Spain. Buying the spin-off
from Nokia that is based in Madrid positions YOC as a prominent provider of
mobile advertising on the Spanish market. The company can as a result
improve its response to the increasing demand for European campaigns. The
first acquisition in the 2009 financial year, Bluestar Mobile Ltd. in Great
Britain, benefitted to a particularly large extent from this trend in the
past quarter, recording substantial growth over the previous quarter.

The YOC Group also succeeded in confirming and strengthening its leading
position on the market for mobile marketing in the third quarter of 2009.
YOC adopted innovative mobile approaches to implement mobile marketing
solutions for its existing customers like Coca-Cola and Deutsche Post,
while obtaining attractive new customers such as Intel or Austrian
Airlines. The particular focus in all campaigns was on new applications and
technologies for the implementation of innovative mobile solutions.

Prospects
YOC has created ideal growth conditions with an attractive and steadily
growing customer base, the outstanding position on the European market and
the broad product portfolio. The company is therefore optimistic that it
will be growing considerably faster in the near future.

The complete quarterly report can be found in the investor relations
section of the YOC AG website (www.yoc.com).

About the YOC Group
The YOC Group is one of the world's leading mobile marketing, mobile
advertising and mobile Internet providers. The YOC Group implements
integrated mobile solutions for customers from all industries on the basis
of internally developed, scalable technology platforms. The company
operates more than 400 mobile portals throughout Europe via a safe
mobilisation platform. The YOC Group also has the largest premium marketing
network for mobile advertising in Europe, with more than 150 publications
in its portfolio. The centrally controlled ad server already processes more
than 40 million advertising medium inquiries via these sites every day.

In addition to this core business, YOC operates in the affiliate marketing
and mobile B2C services sectors. The YOC Group had about 180 employees on
30. September 2009 and generated sales of EUR 23.6 million in 2008. The
company operates in six different countries and intends to continue growing
internationally.

Information about the company: www.yoc.com

Contact:

YOC AG
Nina Mecklenburger
Investor Relations
Karl-Liebknecht-Str. 1
10178 Berlin
Germany
Tel.: +49-30-726162-161
Fax: +49-30-726162-222
ir@yoc.de

Contact:
Frau Nina Mecklenburger
Karl-Liebknecht-Straße 1
10178 Berlin
Fon: 030 726162- 161
Fax: 030 726162-222
E-Mail: nina.mecklenburger@yoc.com

17.11.2009 Financial News distributed by DGAP. Media archive at www.dgap-medientreff.de and www.dgap.de

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Language: English
Company: YOC AG
Karl-Liebknecht-Str. 1
10178 Berlin
Deutschland
Phone: +49 (0)30-72 61 62 161
Fax: +49 (0)30-72 61 62 222
E-mail: nina.mecklenburger@yoc.com
Internet: www.yoc.com
ISIN: DE0005932735
WKN: 593273
Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, München, Düsseldorf, Stuttgart

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