InVision AG Publishes Financial Results for the First Nine Months of 2021 Fiscal Year
InVision AG (ISIN: DE0005859698) generated revenues of EUR 10.096 million in the first nine months of the current fiscal year. This corresponds to an increase of 6 percent compared to the same period of the previous year (9M 2020: EUR 9.493 million). EBIT (earnings before interest and taxes) decreased from EUR 0.867 million (9M 2020) to EUR -0.356 million, which is mainly attributable to the expansion of the Group’ s workforce. The EBIT margin was at -4 percent (9M 2020: 9 percent).
The consolidated result decreased to EUR -1.221 million (9M 2020: EUR 0.045 million), and earnings per share also went down to -0.57 euros (9M 2020: 0.05 euros). The operating cash flow declined by 71 percent to EUR 0.478 million in the first nine months of 2021 (9M 2020: EUR 1.663 million).
As of 30 September 2021, liquid funds decreased by 4 percent to EUR 7.481 million (31 December 2020: EUR 7.791 million). Equity went down by 9 percent to EUR 12.192 million (31 December 2020: EUR 13.413 million). Based on a balance sheet total of EUR 21.423 million (31 December 2020: 22.398 million euros), the equity ratio declined to 57 percent, as of 20 September 2021 (31 December 2020: 60 percent).
With these results, business development in the first three quarters of the current fiscal year is in line with expectations, so that the outlook, which is outlined in the Group Management Report of the Annual Report 2020, remains unchanged.
The Company’s Consolidated Interim Statements for the first nine months of the 2021 financial year are now available on the Company’s website at: