YOC AG (YOC.DE), a Germany-based mobile advertising company, reported net loss for the third quarter compared to profit last year driven by higher financial expenses.
YOC's net loss for the third quarter was 0.22 million euros from a profit of 0.19 million euros the prior year quarter.
On a per share basis, loss per share was 0.06 euros compared to earnings per share of 0.05 euros a year ago.
The firm's financial expenses doubled to 0.45 million euros from 0.22 million euros for earlier year.
The Germany-based firm's EBITDA were 0.613 million euros lower than 0.80 million euros the prior year.
The company's net sales revenue were 9.51 million euros higher than 8.06 million euros a year ago.
The company released updated outlook for the fiscal year 2025. EBITDA is expected to be in the range of EUR 4-5 million euros. Consolidated net income is now projected between1 and 2 million euros. The sales revenue outlook between 39 and 41 million euros remains unchanged.
On XETRA in Germany, YOC's shares are trading 1.68% down at 11.70 euros.
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