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.

The Company’s EBIT (Earnings Before Interest and Taxes) decreased by 77 percent to EUR 0.216 million (9M 2017: EUR 0.947 million), which was mainly due to increased personnel expenses. The EBIT margin was at 2 percent (9M 2017: 10 percent). The consolidated result declined by 87 percent to EUR 0.095 million (9M 2017: EUR 0.747 million). Accordingly, earnings per share decreased by 88 percent to EUR 0.04 (9M 2017: EUR 0.33).

The operating cash flow decreased by 35 percent to EUR 0.622 million (9M 2017: EUR 0.960 million). As of 30 September 2018, liquid funds went down by 13 percent to EUR 1.923 million (31 December 2017: EUR 2.210 million). With EUR 10.474 million, the equity capital was slightly above the level as of the end of 2017 (31 December 2017: EUR 10.380 million). Thus, the equity ratio equalled 78 percent (31 December 2017: 76 percent), based on a balance sheet total of EUR 13.412 million, as of 30 September 2018 (31 December 2017: EUR 13.683 million).

Due to the revenue development of The Call Center School that fell below expectations, the Company now expects total revenues to decrease by 0-5 percent and a balanced EBIT (Earnings Before Interest and Taxes) in 2018.

The Company’s Interim Statements for the first nine months of the 2018 financial year are now available on this website at