18. Februar 2021

Preliminary Results for 2020 Financial Year

According to preliminary figures, InVision AG (ISIN: DE0005859698) recorded total revenues of EUR 12.75 million in fiscal year 2020, up 1 percent year-on-year (2019: EUR 12.62 million). The EBIT (earnings before interest and taxes) increased by 16 percent from EUR 0.98 million in the previous year to EUR 1.14 million. As a result, the EBIT margin for the year 2020 was at 9 percent (2019: 8 percent). The consolidated result decreased by 90 percent to EUR 0.29 million (2019: EUR 2.95 million). Accordingly, earnings per share also went down to EUR 0.17 (2019: EUR 1.34).

In fiscal year 2020, the operating cash flow declined by 36 percent to EUR 0.95 million (2019: EUR 1.49 million). As of 31 December 2020, liquid funds increased to EUR 7.79 million (31 December 2019: EUR 2.62 million), mainly due to the precautionary use of a credit line. The equity capital totaled EUR 13.41 million at the end of the year (31 December 2019: EUR 13.13 million). As of 31 December 2020, the equity ratio equaled 60 percent (31 December 2019: 72 percent), based on a balance sheet total of EUR 22.40 million (31 December 2019: EUR 18.21 million).

The complete 2020 Annual Report will be available from 25th March 2021 on the Company’s website at www.ivx.com/investors.