YOC AG Forecasts Revenue Growth and Increased Profitability in 2024

YOC AG has announced its financial plans for the year 2024, setting an ambitious goal for revenue and profitability increase. The Berlin-based company expects to see its group-level revenues rise to between EUR 36.0 million and EUR 37.0 million. This marks a significant uplift from the preliminary figures for 2023, which stood at roughly EUR 30.6 million.

With this revenue projection, YOC AG is also forecasting an improvement in its operating earnings before interest, taxes, depreciation, and amortization (EBITDA). The expected EBITDA ranges from EUR 5.0 million to EUR 6.0 million, compared to the preliminary EBITDA of approximately EUR 4.3 million for 2023.

Moreover, the company anticipates its consolidated net profit for the financial year 2024 to be between EUR 3.5 million and EUR 4.5 million. This estimate suggests a positive trajectory from the approximately EUR 2.8 million of net profit reported in the preliminary figures for 2023.