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.

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About UMT AG:

UMT United Mobility Technology AG is specialized in the development and implementation of individual mobile payment and blockchain solutions, especially for large-scale customers, e.g. PAYBACK (American Express Group). As a white-label technology provider, the FinTech company has developed one of the largest mobile payment platforms in Europe. UMT operates between all relevant parties such as large retail chains, banks, bonus program providers and end-users. The technology is currently live in 16,000 stores and 71,000 cash desks. In Germany, 15 million users are able to benefit from UMT's mobile payment technology. In addition, UMT provides its customers loyalty programs and Smart Data services along the entire value chain.

Shares of UMT United Mobility Technology AG (German Securities ID: 528610, ISIN: DE0005286108), are traded on Xetra, Frankfurt Stock Exchange and are listed in Deutsche Börse AG's Basic Board segment.

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