InVision AG Returns to Positive EBIT in the First Quarter of 2013, According to Preliminary Results
- EBIT rises by appr. 0.5 million Euro up to appr. 0.1 million Euro
- Liquid funds increase by appr. 50 percent up to appr. 3.8 million Euro
According to preliminary results, InVision AG (ISIN: DE0005859698) achieved an EBIT (earnings before interest and taxes) of approximately EUR 0.1 million, and thus improved its operating result by approximately EUR 0.5 million (3M 2012: EUR -0.4 million). Liquid funds also rose by approximately 50 percent since the end of the last financial year to approximately EUR 3.8 million (31st December 2012: EUR 2.5 million). Additionally, the annual cost base was further reduced to approximately EUR 11.5 million, compared to EUR 11.7 million as of 1st January 2013.
Revenues amounted to approximately EUR 3.1 million and were thus at the same level as in the previous year (3M 2012: EUR 3.2 million). Revenues from software and subscriptions totalled approximately EUR 2.4 million in the first three months of 2013 (3M 2012: EUR 2.6 million), while services revenues equalled approximately EUR 0.6 million (3M 2012: EUR 0.6 million).
From 13th May 2013, the complete financial report for the first three months of 2013 will be available for download on this website, in the section ‘Financial Reports’.