According to preliminary calculations, UMT Group reports a successful year 2017. UMT Group could significantly enhance key figures for sales revenues, total output and earnings for the financial year 2017. According to preliminary calculations, the total operative performance grew by 93 % to TEUR 9,150 (previous year: TEUR 4,745), largely due to sales revenues in the amount of TEUR 6,435 (previous year: TEUR 1,518). Gross profit at group level amounted to TEUR 4,501 in the reporting period (previous year: TEUR 3,759). Operating result before interest and tax (EBIT) increased considerably in 2017 to TEUR 556 (previous year: TEUR 347). UMT Group’s earnings before tax (EBT) reached TEUR 335 (previous year: TEUR 208) and the company posted net earnings of TEUR 335 (previous year: TEUR 207).

UMT Group expects further strong growth in its operating business, with a significant increase in sales and earnings in the clear double-digit percentage range for the financial year 2018.

The published figures in this statement are preliminary.

Download this News

About UMT AG:

UMT United Mobility Technology AG is a FinTech company specialising in the development and implementation of customised mobile payment and blockchain solutions, particularly for major customers. As a white label technology provider, the Company operates, amongst others, one of the largest mobile payment platforms in Europe. UMT acts as a central interface between all relevant parties such as large retail chains, banks, bonus programme providers and end consumers. UMT's technology is in live operation at around 16,000 branches and 71,000 checkouts. In Germany alone, over 14 million users can use UMT's mobile payment technology. In addition, UMT offers its customers services in the area of customer loyalty programs and smart data along the entire value chain. With the innovative LOYAL-App, UMT offers its users an efficient way to use loyalty programs and a modern mobile payment solution.

The UMT United Mobility Technology AG share (GSIN 528610, ISIN DE0005286108) is traded on the Frankfurt Stock Exchange and is listed on the Basic Board of Deutsche Boerse AG.


Would you like to be informed about the latest news?

This site uses cookies to provide a better user experience. By using this site you accept that we use cookies.
More information