2012: InVision Achieves a 20% Revenue Increase in the Growth Segment of Software and Subscriptions
- Total revenues increase to 13.2 million Euro
- EBIT rises by 4.7 million Euro up to 0.8 million Euro
- Liquid funds increase by 49 percent
Today, InVision AG (ISIN: DE0005859698) published the complete annual financial statements for the 2012 fiscal year, and therein confirmed the preliminary results that were previously released in February. Revenues climbed to EUR 13.2 million, which corresponds to an increase of 7 percent compared to the previous year (2011: EUR 12.4 million). The Software and Subscriptions segment in particular, which represents the Company’s most important growth driver due to the recurring revenues from cloud-based services and content, developed extremely positively. Revenues from Software and Subscriptions increased by 20 percent to EUR 10.5 million (2011: EUR 8.8 million). However, Services revenues decreased by 25 percent to EUR 2.7 million (2011: EUR 3.6 million), as a result of the growing number of cloud computing services and the associated reduction of implementation services.
The Company achieved an EBIT (earnings before interest and taxes) of EUR 0.8 million, and thus improved its operating result by EUR 4.7 million (2011: EUR -3.9 million). As of 31st December 2012, liquid funds rose by 49 percent up to EUR 2.5 million (31st December 2011: EUR 1.7 million), due to the positive annual result. The annual cost base could be further reduced to EUR 11.7 million as of 1st January 2013, which corresponds to a decrease of 9 percent compared to the previous year (1st January 2012: EUR 12.9 million).
The complete Annual Report for the 2012 fiscal year is now available for download on this website, in the section ‘Financial Reports’.