InVision AG Publishes Preliminary Results and Confirms Guidance for the 2012 Financial Year
- EBIT rises to approximately EUR 0.8 million
- Revenues climb up to approximately EUR 13.2 million
- Important growth segment of Software and Subscriptions records revenue increase of approximately 19 percent
Today, InVision AG (ISIN: DE0005859698) published its preliminary results for the financial year 2012 and confirmed the guidance that was provided last year. As expected, the Company achieved an EBIT (earnings before interest and taxes) of approximately EUR 0.8 million, and thus improved its operating result by approximately EUR 4.7 million (2011: EUR -3.9 million). Revenues climbed up to approximately EUR 13.2 million, which corresponds to an increase of approximately 7 percent compared to the previous year (2011: EUR 12.4 million), and which was also in line with the management’s expectations.
The Software and Subscriptions segment, in particular, recorded a very dynamic development. Due to the recurring revenues from cloud-based services and content, this segment represents the Company’s most important growth driver. Revenues from Software and Subscriptions increased by approximately 19 percent to approximately EUR 10.5 million (2011: EUR 8.8 million), whereas Services revenues decreased by approximately 24 percent down to approximately EUR 2.7 million (2011: EUR 3.6 million). As of 31st December 2012, liquid funds rose by approximately 50 percent up to approximately EUR 2.5 million (31st December 2011: EUR 1.7 million). Again in 2012, the annual cost base could be further reduced to approximately EUR 11.7 million, as of 1st January 2013, which corresponds to a decrease of approximately 9 percent compared to the previous year (1st January 2012: EUR 12.9 million).
In the period from April 2011 to September 2012, InVision AG 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.
From 25th March 2013, the complete financial report for the financial year of 2012 will be available for download on this website, in the section ‘Financial Reports’.