Brief: InVision FY 2021 Total Revenues Up At EUR 13.69 Mln

InVision AG

24/02/2022 08:30

Feb 24 (Reuters) - INVISION AG  IVXG.DE :
    * INVISION AG PUBLISHES PRELIMINARY RESULTS FOR THE 2021
FISCAL
YEAR: ON GROWTH TRACK WITH STRONG INCREASE IN CLOUD REVENUES
    * FY EBIT LOSS -740,000 EUR VERSUS 1.14 MILLION EUR PROFIT
YEAR
AGO
    * GROWTH STRATEGY 2025 RIGHT ON TRACK
    * AIM IS TO HAVE APPROXIMATELY 500 EMPLOYEES, ANNUAL
REVENUES OF
MORE THAN EUR 50 MILLION WITH AN EBIT MARGIN OF MORE THAN 25
PERCENT BY END OF 2025
    * LIQUID FUNDS OF EUR 6.34 MILLION (2020: EUR 7.79 MILLION)
    * TOTAL REVENUES INCREASED BY 7 PERCENT TO EUR 13.69 MILLION
IN
2021
    * EBIT (EARNINGS BEFORE INTEREST AND TAXES) DECREASED TO
MINUS EUR
0.74 MILLION (2020: EUR 1.14 MILLION)
    * MANAGEMENT BOARD EXPECTS A FURTHER INCREASE IN INJIXO ARR
GROWTH
RATE TO OVER 40 PERCENT IN COURSE OF 2022 FISCAL YEAR

Source text for Eikon:  ID:nEQ24BfBDa 
Further company coverage:  IVXG.DE 

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