InVision Increases Revenues by 9% and Raises EBIT by EUR 2.4 Million in the First 9 Months of 2012
Today, InVision AG (ISIN: DE0005859698) published its 2012 Nine-Month Report and confirmed the preliminary results that were previously published on 15th October 2012. By generating revenues of EUR 9.8 million, the Company achieved a 9 percent increase compared to the first nine months of 2011 (9M 2011: EUR 9 million). Revenues from software and subscriptions increased by 16 percent to EUR 7.9 million (9M 2011: EUR 6.8 million), whereas services revenues decreased by 13 percent to EUR 1.9 million (9M 2011: EUR 2.1 million).
EBIT (earnings before interest and taxes) rose to EUR +0.3 million (9M 2011: EUR -2.1 million), while cash flow from operating activities grew to EUR 1 million (9M 2011: EUR -1.4 million), both representing an increase of EUR 2.4 million each. As of 30th September 2012, liquid funds increased by 38 percent to EUR 2.3 million (31st December 2011: EUR 1.7 million).
For the 2012 fiscal year, the InVision AG Executive Board still expects a single-digit percentage increase in total revenues and an EBIT of at least EUR +0.8 million.
In the period from April 2011 to September 2012, the Company has transformed the core of its business model to cloud computing. Cloud-based services for contact centres are now provided under the brand name injixo; learning content for contact centres under the brand name The Call Center School; consulting and training in human resources under the brand name Core Practice; and software for workforce management under the brand name InVision WFM.
The complete financial report for the first nine months of 2012 is available now for download on this website, in the section ‘Financial Reports’.