InVision Software AG Publishes its Final Figures for 2007
- Revenues increase by 48 percent to EUR 15.9 million
- Group reports 60 percent growth in operating results (EBIT) to EUR 3.1 million
- Earnings per share climb 80 percent to EUR 1.10
- Outlook 2008 – Estimated Group revenues: EUR 21.5 - 23 million; EBIT: EUR 4.3 - 4.7 million
According to its final 2007 figures, InVision Software AG (ISIN: DE0005859698), one of the leading international providers of enterprise-wide workforce management solutions, increased its Group revenues by 48 percent to EUR 15.9 million in fiscal year 2007. In 2006, the Group generated EUR 10.7 million in revenues. The Group reported dramatic earnings growth as well. Its EBIT rose by 60 percent, from EUR 1.9 million in 2006 to EUR 3.1 million in 2007. The Group’s annual net income improved from EUR 1.4 million in 2006 to EUR 2.5 million, which represents a 73 percent increase. Earnings per share jumped from EUR 0.61 in 2006 to EUR 1.10 in 2007. At the end of its fiscal year 2007, InVision held liquid funds and securities totalling EUR 16.7 million and enjoyed an equity capital ratio of 86 percent.
InVision reported very dynamic business growth during its fiscal year 2007, both on domestic and on foreign markets. Revenues from InVision’s foreign activities were 53 percent of total revenue, compared to 51 percent in 2006. During the last year, licence revenues also increased by 56 percent, from EUR 6.1 million to EUR 9.5 million.
InVision is forecasting continued profitable growth for fiscal year 2008, with such growth generated equally on domestic and foreign markets. Revenues are projected to increase approximately 35 - 45 percent to between EUR 21.5 and 23 million, and the EBIT is expected to climb to between EUR 4.3 and 4.7 million.
The complete 2007 Annual Report of InVision Software AG will be available on this website, in the section ‘Financial Reports’, on 30th April 2008.