Investor Relations

GeoVision Inc. Announced Financial Results for the Three Months Ended Mar. 31, 2014

2014/05/12

Issued on: 2014/05/12

GeoVision Inc. Announced Financial Results for the Three Months Ended Mar. 31, 2014

  • Consolidated revenues were NT$544 million, increased 9% year-over-year.
  • Consolidated gross profit of 2014 Q1 increased 10% YoY to NT$302 million; gross margin was 55%, same as that of Q1 2013.
  • Expenses were increased 27% YoY due to the new office expansion in NY, USA. Operating margin was down from 31% to 28%.  
  • The foreign exchange gains of this quarter helped the pre-tax income increase slightly 2% to NT$175 million.
  • Consolidated net income increased 5% to NT$148 million. EPS was NT$2.33 based on the current capital of NT$636 million.


GeoVision Financial Results: 
The following are the highlights of the company’s financial results for the first quarter ended March 31, 2014.

GeoVision Financial Report:
《Consolidated Income Statement》

Taiwan Dollars in NT$K
(except per share amounts in NT$)
Three Months Ended March 31, 2014
  Amount (NT$K) Percentage %YoY
Revenue 544,530 100% 9%
Gross Profit 302,171 55% 10%
Operating Income 154,141 28% -2%
Income before Tax 175,246 32% 2%
Consolidated Net Income 148,418 27% 5%
After-tax EPS (NT$) 2.33 5%