InVision AG

Earnings Release • Jul 19, 2018

News Details

Corporate | 19 July 2018 12:06

InVision AG Releases Financial Report for 2018 First Half-Year

DGAP-News: InVision AG / Key word(s): Half Year Results/Interim Report

19.07.2018 / 12:06

The issuer is solely responsible for the content of this announcement.

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P R E S S   R E L E A S E

InVision AG Releases Financial Report for 2018 First Half-Year

Düsseldorf (Germany), 19 July 2018 – In the first half of fiscal year 2018, InVision AG (ISIN: DE0005859698) achieved total revenues of EUR 6.342 million, which corresponds to a decrease of 4 percent compared to the first half-year of 2017 (6M 2017: EUR 6.613 million). Revenues of injixo increased by 14 percent up to EUR 1.811 million (6M 2017: EUR 1.588 million). Revenues of The Call Center School went down by 40 percent to EUR 0.243 million (6M 2017: EUR 0.407 million). The main reasons for this decrease are the conversion to a new offering and pricing for the marketing of individual e-learning courses and the resulting discontinuance of recurring subscription revenues in this area. Revenues from InVision WFM subscriptions totalled EUR 4.002 million (6M 2017: EUR 4.028 million). The project business decreased by 52 percent to EUR 0.286 million (6M 2017: EUR 0.590 million).

In the first six months of 2018, the EBIT (Earnings Before Interest and Taxes) decreased by 94 percent to EUR 0.047 million (6M 2017: EUR 0.762 million), which was due to lower total revenues and increased personnel expenses. The EBIT margin was at 1 percent (6M 2017: 12 percent). The consolidated result declined by 104 percent to EUR -0.027 million (6M 2017: EUR 0.638 million). Accordingly, earnings per share also decreased by 104 percent to EUR -0.01 (6M 2017: EUR 0.29).

The operating cash flow increased by 3 percent to EUR 1.699 million (6M 2017: EUR 1.655 million) in the first half of 2018. As of 30 June 2018, liquid funds rose by 50 percent to EUR 3.326 million (31 December 2017: EUR 2.21 million). With EUR 10.353 million, the equity capital remained almost on the same level as of the end of 2017 (31 December 2017: EUR 10.38 million). Thus, the equity ratio equalled 70 percent (31 December 2017: 76 percent), based on a balance sheet total of EUR 14.819 million, as of 30 June 2018 (31 December 2017: EUR 13.683 million).

The Company’s Financial Report for the first six months of the financial year 2018 is no w available on the Company’s website at www.invision.de/investors .

About InVision:

Since 1995, InVision has been helping its clients to increase their productivity and quality of work and reduce their costs. The InVision group incorporates the brands injixo, a cloud-based workforce management solution for contact centres, The Call Center School, offering cloud-learning courses for contact centre professionals, and InVision WFM, a software solution for workforce management. InVision AG (IVX) is listed in the Prime Standard Segment of the Frankfurt Stock Exchange.

Further information: www.invision.de

Contact:

InVision AG

Investor Relations,

Jutta Handlanger

Speditionstraße 5,

40221 Düsseldorf (Germany),

phone: +49 (0)211 781-781-66,

email: ir@invision.de

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19.07.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

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Language:	English
Company:	InVision AG
	Speditionstraße 5
	40221 Düsseldorf
	Germany
Phone:	+49 (0)211 / 781-781-66
Fax:	+49 (0)211 / 781-781-99
E-mail:	info@invision.de
Internet:	www.invision.de
ISIN:	DE0005859698
WKN:	585969
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Munich, Stuttgart, Tradegate Exchange

End of News	DGAP News Service