UMT Group could significantly enhance key figures for total output, earnings and shareholders' equity for the financial year 2016. According to preliminary calculations, the total operative performance grew by 109.2% to TEUR 4,745 (previous year: TEUR 2,268), gross profit at group level amounted to TEUR 3,759 in the reporting period (previous year: TEUR 1,052). Operating result before interest and tax (EBIT) increased considerably in 2016 to TEUR 347 (previous year: TEUR -802). UMT Group's earnings before tax (EBT) reached TEUR 208 (previous year: TEUR -916) and the company posted net earnings of TEUR 207 (previous year: TEUR -917), leading to an EPS of EUR 0.01 (previous year: EUR -0.06).
The company's healthy balance sheet structure improved significantly. Shareholders' equity increased by TEUR 8,014 to TEUR 18,383 (previous year: TEUR 10,369).
UMT United Mobility Technology AG will for the first time publish consolidated accounts in accordance with German-GAAP for 2016. The published figures in this statement are following HGB rules and preliminary.