Relaciones con inversores

GeoVision Inc. Announced Financial Results for the First Quarter Ended Mar. 31, 2018

2018/04/23

  • The revenues decreased by 14.5% year over year to NT$340 million during the first quarter of 2018.
  • Gross profit were NT$132 million and the gross margin remained at 39% compared to the first quarter of last year. The newly launched products such as AI face recognition cameras and VR360 virtual cameras helped increased and maintained a positive gross margin by product mixes.
  • Operating expenses increased 2% to NT$166 million due to the increase on operating cost and sales & marketing expenditure.
  • The operating loss amounted to NT$34 million for the first quarter due to the decreased revenues and increased expenses.
  • The appreciation of TWD to USD led to a loss of NT$26 million on foreign currency exchanges.
  • Net losses amounted to NT$55 million which represented the loss per share of NT$0.62 based on the current capital of NT$894 million.
  • GeoVision attended a recent press conference at ISC West 2018, organized by the Taiwan External Trade Development Council (TAITRA), Taiwan’s foremost trade promotion organization. In the conference, GeoVision showcased its VR360 12 Megapixels network camera, the world’s first Virtual Reality camera that can provide a floor-to-ceiling, 720° view with no blind spots. It is water-proof, vandal-proof and dust resistant, making it ideal for outdoors environments such as airports, train stations, city streets, harbors and highways. GeoVision also demonstrated a new facial recognition IP dome camera with cutting-edge AI. It can recognize 8 human faces in 1.5 seconds simultaneously, making possible identification of authorized versus un-authorized personnel, creation of blacklists for restricted personnel, and VIP lists to improve relationship management.

GeoVision Financial Results:

The following are the highlights of the company's financial results for the first quarter ended March 31, 2018

  《Consolidated Income Statement》
Taiwan Dollars in NT$K
(except per share amounts in NT$)
Three Months Ended March 31, 2018
  Amount (NT$K) Percentage
Revenue
339,996
100
Gross Profit
132,245
39
Operating Loss
(34,170)
(10)
Net Loss before Tax
(73,094)
(22)
Consolidated Net Loss
(55,174)
(16)
After-tax EPS (NT$)
(0.62)