DGAP-News: InVision Software AG / Key word(s): Half Year
Results/Interim Report
InVision Software AG Releases 2012 Half-Year Report
13.08.2012 / 10:21
---------------------------------------------------------------------
InVision Software AG Releases 2012 Half-Year Report
Preliminary Results Confirmed: Revenues of EUR 6.8 million - Positive EBIT
of EUR 0.2 million - Liquid Funds Increased by 83% to EUR 3 million
Ratingen (Germany), 13th August 2012 - InVision Software AG (ISIN:
DE0005859698) has released its 2012 half-year report and confirmed the
preliminary results for the first six months of the current financial year,
which were previously published on 16th July 2012. With revenues of EUR 6.8
million, the Company achieved a 2 percent increase compared to the same
period of the previous year (6M 2011: EUR 6.7 million). Revenues from
software and subscriptions increased by 17 percent to EUR 5.5 million (6M
2011: EUR 4.7 million), whereas services revenues decreased by 34 percent
to EUR 1.3 million (6M 2011: EUR 2 million).
As of the end of the first half-year of 2012, earnings before interest and
taxes (EBIT) equalled EUR +0.2 million, representing an increase of EUR 1
million compared to EUR -0.8 million reported for the same period in 2011.
As of 30th June 2012, liquid funds increased by 83 percent to EUR 3 million
(31st December 2011: EUR 1.7 million). The annual cost basis remained on
the same level of the first quarter of 2012 and is unchanged at EUR 12.5
million.
The Executive Board of InVision Software AG is very satisfied with the
current progress of the business model transition to cloud computing. In
this transformation process, which will be completed during the second half
of 2012, one-off licence revenues and project services are gradually being
replaced by subscriptions to cloud computing services. This temporarily
leads to lower revenues, however the Company will achieve a significantly
greater scalability of the business model in the medium and long term. The
Executive Board is confident that the positive effects of this strategic
re-positioning will be further evident during the remainder of the current
financial year.
The complete financial report for the first six months of 2012 is available
now for download from the Company's website at:
http://www.invisionwfm.com/uk/global_pages/investor_relations/financial_re
ports.
About InVision Software
InVision Software is a leading international provider of cloud-based
workforce management solutions which enable companies to optimise their
staff planning and scheduling processes. InVision empowers customers to
reduce personnel costs, increase productivity, improve employee
satisfaction and boost revenue by leveraging better customer service.
Founded in 1995 and based in Ratingen (Germany), InVision currently employs
about 140 WFM specialists and has offices across Europe, North America, and
South Africa. InVision Software AG (IVX) is listed in the Prime Standard
Segment of the Frankfurt Stock Exchange.
Further information: www.invisionwfm.com
Contact:
InVision Software AG
Investor Relations
Jutta Handlanger, Head of Corporate Communications
HalskestraÃe 38, D-40880 Ratingen, Germany
phone: +49 (0)2102 728-444
eMail: ir@invision.de
End of Corporate News
---------------------------------------------------------------------
13.08.2012 Dissemination of a Corporate News, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: InVision Software AG
HalskestraÃe 38
40880 Ratingen
Germany
Phone: +49 (0)2102 / 728-0
Fax: +49 (0)2102 / 728-111
E-mail: info@invision.de
Internet: www.invision.de
ISIN: DE0005859698
WKN: 585969
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Düsseldorf, München, Stuttgart
End of News DGAP News-Service
---------------------------------------------------------------------
181394 13.08.2012
DGAP-News: InVision Software AG Releases 2012 Half-Year Report
| Source: EQS Group AG