YOC (YOC) Q4 2024 earnings summary

Executive summary

• Achieved 14% year-over-year sales revenue growth to EUR 35.0 million, with strong performance in Germany, Austria, and Poland, and expansion into the Nordics via YOC Sweden AB.

• EBITDA increased by 18% to EUR 5.2 million, despite EUR 0.3 million in start-up costs for Sweden; net profit rose 28% to EUR 3.7 million.

• VIS.X® platform and proprietary AI-powered solutions drove differentiation and margin improvement, with over 25% of Q4 revenue from AI-based products.

• Share price increased 9% in 2024, with a five-year gain of 290%.

Financial highlights

• Sales revenue: EUR 35.0m (+14% YoY); national: EUR 19.7m (+15%), international: EUR 15.3m (+14%).

• EBITDA: EUR 5.2m (+18% YoY); EBITDA margin: 14.8% (2023: 14.4%).

• Net profit: EUR 3.7m (+28% YoY); EPS: EUR 1.07 (+29%).

• Gross profit margin: 47.3% (2023: 46.3%).

• Operating cash flow: EUR 4.1m (+5% YoY); cash and cash equivalents: EUR 4.0m.

• Equity ratio: 35.2% (2023: 26.1%).

Outlook and guidance

• 2025 revenue guidance: EUR 39.0–41.0m; EBITDA: EUR 5.5–6.5m; net profit: EUR 3.5–4.5m.

• Continued investment in VIS.X® platform and AI to expand competitive position and value.

• Expects high growth momentum to continue, with gross profit margin forecast at 47–49%.

• Macroeconomic environment remains challenging in Germany, but digital ad spend shift supports resilience.