InVision AG Reorganizes Its E-Learning Business

As revenues of The Call Center School’s products fell significantly below expectations in the second half of FY2018, the Executive Board of InVision AG (ISIN: DE0005859698) decided to reorganize its e-learning business.

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Financial Interim Statements for 2018 First Nine Months

In the first nine months of fiscal year 2018, InVision AG (ISIN: DE0005859698) achieved total revenues of EUR 9.590 million, which corresponds to a decrease of 1 percent compared to the same period of the previous year (9M 2017: EUR 9.697 million). Revenues of injixo increased by 15 percent up to EUR 2.750 million (9M 2017: EUR 2.392 million). In the first nine months of 2018, revenues from InVision WFM subscriptions remained with EUR 6.010 million on last year’s level (9M 2017: EUR 6.016 million). The project business decreased by 36 percent to EUR 0.485 million (9M 2017: EUR 0.756 million). Given the conversion to a new offering and pricing model, revenues of The Call Center School went down by 35 percent to EUR 0.345 million (9M 2017: EUR 0.533 million) and thus fell significantly below expectations.

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