Preliminary Results for 2017 Financial Year With Sustained Growth of Cloud Products
According to preliminary figures, InVision AG (ISIN: DE0005859698) generated total revenues of EUR 13.2 million in the fiscal year 2017. This corresponds to an increase of 6 percent compared to the previous year (2016: EUR 12.4 million). injixo cloud revenues increased by 19 percent to EUR 3.3 million (2016: EUR 2.7 million), and cloud revenues from The Call Center School also rose by 19 percent to EUR 0.7 million (2016: 0.6 million). Revenues from InVision WFM subscriptions remained at EUR 8 million, which is almost on the same level compared to the previous year (2016: EUR 8 million). Just as the project business that remained unchanged at EUR 1.1 million (2016: EUR 1.1 million).
In 2017, the Company recorded an EBIT (Earnings Before Interest and Taxes) of EUR 1.4 million (2016: EUR 3.5 million). This corresponds to a decrease of 61 percent and was mainly due to an increase of about 30 percent in personnel expenses. Thus, EBIT margin was at 10 percent for the fiscal year 2017 (2016: 29 percent).
Liquid funds decreased by 45 percent to EUR 2.2 million (31st December 2016: EUR 4 million). Equity capital went down by 3 percent to EUR 10.3 million (2016: EUR 10.7 million), and the equity ratio equals 76 percent (31 December 2016: 68 percent).
The complete 2017 Annual Report will be available from 22th March 2018 on this website at https://www.ivx.com/investors/financial-reports/.