Preliminary Results for 2015 Financial Year
According to preliminary figures, InVision AG (ISIN: DE0005859698) generated total revenues of EUR 12.7 million in the fiscal year 2015. This corresponds to a decrease of 5 percent compared to the previous year (2014: EUR 13.4 million). Subscription revenues increased by 11 percent to EUR 10.5 million (2014: EUR 9.5 million). In particular, revenues from cloud products each recorded a two- to three-digit growth rate. In 2015, the project business was further reduced, as scheduled, and project revenues decreased by 44 percent to EUR 2.2 million (2014: EUR 3.9 million).
Due to the decline in total revenues and the increased expenses for the cloud business expansion, EBIT (Earnings Before Interest and Taxes) decreased by 35 percent to EUR 2.7 million (2014: EUR 4.1 million). Thus, the EBIT margin was at 21 percent for the 2015 fiscal year (2014: 31 percent).
Liquid funds decreased by 68 percent to EUR 1.4 million (31st December 2014: EUR 4.4 million). This was mainly due to investments in the Company’s new headquarters in Düsseldorf’s Media Harbour in the amount of approximately EUR 2.7 million, the dividend payment in May 2015 in the amount of EUR 2.235 million, and the partial repayment of a real estate loan in the amount of EUR 0.75 million.
The complete 2015 Annual Report will be available from 17th March 2016 on this website at: http://www.ivx.com/investors/.