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July 28, 2016

2016 Half-Year Financial Statement: EBIT More Than Doubled – Full-Year Guidance Specified

Today, InVision AG (ISIN: DE0005859698) released its financial statement for the first half-year of 2016. In the first six months of the current fiscal year, the Company increased its EBIT (Earnings Before Interest and Taxes) by 118 percent to EUR 2.023 million (6M 2015: EUR 0.926 million). The EBIT margin increased to 32 percent (6M 2015: 15 percent). The consolidated group result improved by 99 percent to EUR 1.854 million (6M 2015: EUR 0.934 million). Accordingly, earnings per share increased by 98 percent to EUR 0.83 (6M 2015: EUR 0.42).

In the first half-year of 2016, the Company’s total revenues increased by 5 percent to EUR 6.247 million (6M 2015: EUR 5.984 million). The recurring revenues from subscriptions increased by 12 percent to EUR 5.637 million (6M 2015: EUR 5.036 million), whereas project revenues continued to decline, as scheduled, recording a decrease of 33 percent to EUR 0.637 million (6M 2015: EUR 0.948 million).

The operating cash flow increased by 79 percent to EUR 4.419 million (6M 2015: EUR 2.473 million). As of 30th June 2016, liquid funds increased by 233 percent to EUR 4.685 million (31st December 2015: EUR 1.405 million). Equity totalled EUR 10.230 million (31st December 2015: EUR 8.376 million) and the equity ratio is now at 62 percent (31st December 2015: 59 percent). 

For the full financial year of 2016, the Executive Board of InVision AG expects total revenues of at least EUR 12 million and an EBIT of EUR 3.5 - 4.0 million. 

The Company’s 2016 Half-Year Financial Statement is now available on this website at www.invision.de/financial_reports

April 28, 2016

InVision AG Increases Revenues, EBIT and Profit in the First Quarter of 2016

Today, InVision AG (ISIN: DE0005859698) released its financial results for the first three months of fiscal year 2016. In the first quarter of 2016, the Company’s total revenues increased by 7 percent to EUR 3.120 million (3M 2015: EUR 2.924 million). The recurring revenues from subscriptions increased by 15 percent to EUR 2.807 million (3M 2015: EUR 2.445 million), whereas project revenues continued to decline, as scheduled, recording a decrease of 35 percent to EUR 0.313 million (3M 2015: EUR 0.479 million).

In the first quarter of 2016, the Company achieved an EBIT (Earnings Before Interest and Taxes) of EUR 0.782 million, thereby improving its operating result by 55 percent (3M 2015: EUR 0.506 million). The EBIT margin increased to 25 percent (3M 2015: 17 percent). The consolidated group result improved by 23 percent to EUR 0.663 million (3M 2015: EUR 0.538 million), whereas earnings per share increased by 25 percent to EUR 0.30 (3M 2015: EUR 0.24).

In the first three months of 2016, the operating cash flow increased by 40 percent to EUR 4.233 million (3M 2015: EUR 3.031 million). As of 31st March 2016, liquid funds increased by 266 percent to EUR 5.149 million (31st December 2015: EUR 1.405 million).

For the financial years of 2016 and 2017 each, the Executive Board expects a decline in project revenues and an increase in subscription revenues as well as an increase in profits.

The Company’s Interim Statement for the first three months of the 2016 financial year is now available on the Company’s website at www.invision.de/investors.

January 28, 2016

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: www.invision.de/investors.

November 03, 2015

Preliminary Nine-Months Results 2015

According to preliminary figures, InVision AG (ISIN: DE0005859698) recorded revenues of EUR 9.176 million in the first nine months of the current financial year. This corresponds to a decrease of 3 percent compared to the previous year (9M 2014: EUR 9.485 million). Subscription revenues increased by 13 percent to EUR 7.677 million (9M 2014: EUR 6.893 million). Revenues from cloud products again recorded a two-digit and three-digit growth rate respectively. The project business was further reduced as scheduled and project revenues decreased by 46 percent to EUR 1.499 million (9M 2014: EUR 2.592 million).

Due to the one-off restructuring costs during the first half of 2015 and the increased expenses for the cloud business expansion, EBIT (Earnings Before Interest and Taxes) declined by 42 percent to EUR 1.692 million (9M 2014: EUR 2.926 million). The EBIT margin was at 18 percent (9M 2014: 31 percent).

Compared to the same period of the previous year, the operating cash flow increased by 25 percent to EUR 2.067 million (9M 2014: EUR 1.652 million). During the first nine months of the current financial year, liquid funds decreased by 62 percent to EUR 1.653 million (31st December 2014: EUR 4.388 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 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 0.5 million.

The Executive Board of InVision AG confirms the guidance for the full financial year of 2015 and still expects total revenues of approximately EUR 12 million and an EBIT of about EUR 2.5 million.

The complete financial report for the first nine months of 2015 will be available from 17th November 2015 on this website at www.invision.de/investors.

August 20, 2015

InVision Wins Silver Stevie® Award and Now Competes in People's Choice Stevie Awards

InVision has been named the winner of a Silver Stevie® Award in the ‘Company of the Year’ category at the 12th Annual International Business Awards (IBA). As one of the winners, InVision now competes in the People’s Choice Stevie Awards, which is open for voting at peopleschoice.stevieawards.com. The public voting will conclude on 11th September 2015.

More than 3,700 nominations from organisations worldwide, of all sizes and in virtually every industry, were submitted to this year’s IBA for consideration in a wide range of categories. InVision won in the ‘Company of the Year’ category for ‘Computer Software’. All Stevie Award winners were determined by the average scores of more than 200 executives worldwide, who participated in the judging process from May through early August.

The judges specifically recognised the overall innovation of InVision while transforming the entire company from a traditional software provider to a pure cloud company: “The complete transformation of the company is very impressive. Using the challenges of the global financial crisis as an impetus to reinvent the business is to be applauded. Embracing change from structure, systems, approach and team is to be commended.” Other statements from the jury include “Very brave restructuring and innovation. Interesting 'No Management' ethos.” and “Agile at its best.

You can submit your vote for InVision as your favourite company in the ‘Computer Software’ category here: peopleschoice.stevieawards.com

August 06, 2015

2015 Preliminary Half-Year Results

In the first six months of the current financial year, InVision AG (ISIN: DE0005859698) recorded revenues of EUR 5.984 million, according to preliminary figures. This corresponds to a decrease of about three percent compared to the previous year (6M 2014: EUR 6.153 million). Subscription revenues increased by 13 percent to EUR 5.036 million (6M 2014: EUR 4.447 million). Revenues from cloud products again each recorded a two- to three-digit growth rate. The project business was further reduced as scheduled and project revenues decreased by 43 percent to EUR 0.948 million (6M 2014: EUR 1.652 million).

Expenses for the cloud business expansion increased during the first half of 2015. Additionally, the Company incurred one-off restructuring costs in the amount of EUR 0.3 million in the first six months of 2015. Thus, the EBIT (Earnings Before Interest and Taxes) decreased by 51 percent to EUR 0.926 million (6M 2014: EUR 1.907 million). The EBIT margin was at 15 percent (6M 2014: 31 percent).

Due to a dividend payment in the amount of EUR 2.235 million, as well as investments in the Company’s new headquarters in the amount of approximately EUR 1.5 million, liquid funds were reduced by 30 percent to EUR 3.086 million as of 30th June 2015 (31st December 2014: EUR 4.388 million).

For the full financial year of 2015, the Executive Board of InVision AG expects total revenues of approximately EUR 12 million and an EBIT of about EUR 2.5 million.

The complete financial report for the first six months of 2015 will be available from 25th August 2015 on this website at www.invision.de/investors.

June 03, 2015

New at Media Harbour Düsseldorf: InVision

We have moved our headquarters from Ratingen to Düsseldorf just in time for our 20th anniversary. You can now find us in Maki Solitaire, located in the media harbour in Düsseldorf.



Due to the relocation of our offices, our telephone numbers have changed as follows:

+49 (0)211 / 781 781 88 - Information on cloud-based workforce management with injixo
+49 (0)211 / 781 781 77 - Information on staff scheduling with InVision WFM
+49 (0)211 / 781 781 11 - Information on The Call Center School
+49 (0)211 / 781 781 66 - Information for investors 
+49 (0)211 / 781 781 78 - Information on our job offers for candidates

Our new postal address is now:

May 19, 2015

Annual General Meeting of InVision AG Approves Relocation of Headquarters and Dividend of 1.00 Euro

At yesterday's Annual General Meeting the shareholders of InVision AG (ISIN: DE0005859698) followed unanimously resp. with substantial majority the proposals of the Executive and Supervisory Board.

The decisions taken included, inter alia, the distribution of a dividend of EUR 1.00 per share. Thus, shareholders participate in the Company’s success with more than 95 percent. The dividend will be paid out to shareholders today, 19th May 2015.

In addition to the appropriation of profits and among other items, the shareholders also approved the relocation of the Company’s headquarters from Ratingen to Duesseldorf.

All resolutions and voting results of the 2015 Annual General Meeting can be found at the following website: www.invision.de/investors/shareholders_meetings.

April 28, 2015

Growth in the Cloud, Decline in Project Business - 2015 First Quarter Preliminary Results

According to preliminary figures, InVision AG (ISIN: DE0005859698) generated revenues of EUR 2.924 million in the first quarter of the current fiscal year, which corresponds to a decrease of 10 percent compared to the previous year (3M 2014: EUR 3.246 million). Thus, the EBIT (Earnings Before Interest and Taxes) decreased from EUR 0.908 million in the first three months of 2014 to EUR 0.506 million in the first quarter of 2015.

The decrease in revenues and earnings results from the scheduled reduction of the Company’s project business by 53 percent to EUR 0.479 million (3M 2014: EUR 1.034 million). At the same time, the recurring revenues from the new cloud products again each recorded a two- to three-digit growth rate. Overall, subscription revenues went up by 11 percent, from EUR 2.201 million in the first quarter of 2014 to EUR 2.445 million in the first quarter of 2015.

Liquid funds of the Company rose by 51 percent to EUR 7.085 million as of 31st March 2015 (31st December 2014: EUR 4.388 million).

The complete financial report for the first three months of 2015 will be available from 19th May 2015 on this website at www.invision.de/investors

March 26, 2015

2014 Annual Report: Earnings per Share Increase by 173%, Board To Propose 1 Euro Dividend per Share

Today, InVision AG (ISIN: DE0005859698) released its 2014 Annual Report and confirmed the preliminary results for the preceding financial year, which were previously published on 24th February 2015. In 2014, the Company achieved an EBIT (Earnings Before Interest and Taxes) of EUR 4.124 million, thereby improving its operating result by 135 percent (2013: EUR 1.754 million). The EBIT margin increased to 31 percent (2013: 13 percent). The consolidated group result improved by 171 percent to EUR 4.203 million (2013: EUR 1.552 million), whereas earnings per share increased by 173 percent to EUR 1.94 (2013: EUR 0.71).

Total revenues were at EUR 13.409 million and remained on almost the same level of the previous year (2013: EUR 13.557 million). Thereof the recurring revenues from subscriptions increased by 25 percent to EUR 9.467 million (2013: EUR 7.596 million), whereas project revenues continued to decline, recording a decrease of 34 percent to EUR 3.942 million (2013: EUR 5.961 million).

The operating cash flow increased by 2 percent to EUR 3.089 million (2014: EUR 3.026 million). As of 31st December 2014, liquid funds and securities decreased by 4 percent to EUR 4.388 million (31st December 2013: EUR 4.576 million) due to increased payments made for investing activities and a payment to shareholders.

In the preceding financial year, InVision increased its expenses for research and development by 11 percent to EUR 4.970 million (2013: 4.490 million), which corresponds to 37 percent of total revenues (2013: 33 percent). This puts the Company well above average of Germany’s ITC companies that are investing almost 10 percent of their revenues in research and development (Source: 2014 KfW Business Survey, BITKOM).

At the Annual Shareholders’ Meeting, which takes place on 18th May 2015 in Düsseldorf, the Management Board and Supervisory Board will propose to pay an amount of EUR 1.00 per dividend-bearing share from the distributable profit of InVision AG for the very first time and to carry forward the remaining amount to new account.

For the financial year of 2015, the Company expects a continued increase in subscription revenues, a continued decrease in project revenues and an EBIT margin of between 20 and 30 percent.

The complete 2014 Annual Report is available now at: www.invision.de/investors.