InVision AG Publishes the Group’s 2019 Annual Report
Today, InVision AG (ISIN: DE0005859698) released its 2019 Consolidated Financial Statement and confirmed the preliminary results for the past fiscal year that were previously published on 19 February 2020. In 2019, the InVision Group generated total revenues of EUR 12.618 million (2018: EUR 13.067 million), which corresponds to a 3 percent decline in revenues. Workforce Management revenues decreased by 3 percent to EUR 12.227 million (2018: EUR 12.646 million). Revenues in the Education segment (The Call Center School) declined by 7 percent to EUR 0.391 million (2018: EUR 0.421 million).
The Group’s EBIT (Earnings Before Interest and Taxes) increased by 322 percent to EUR 0.981 million (2018: EUR 0.233 million) and the EBIT margin was at 8 percent (2018: 2 percent). The operating cash flow rose to EUR 1.491 million (2018: EUR 0.010 million) and cash and cash equivalents went up by 290 percent to EUR 2.616 million, at the end of 2019 (31 December 2018: EUR 0.670 million).
Equity capital increased by 29 percent to EUR 13.125 million (2018: EUR 10.180 million). As of 31 December 2019, the equity ratio equaled 72 percent (31 December 2018: 84 percent) based on a balance sheet total of EUR 18.214 million (31 December 2018: EUR 12.082 million). The consolidated result increased from EUR -0.2 million in the previous year to EUR 2.945 million. Accordingly, earnings per share rose from EUR -0.09 in 2018 to EUR 1.34 in the past fiscal year.
The complete 2019 Annual Report is now available on this website at www.ivx.com/investors.