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Last €1.10 EUR
Change Today +0.095 / 9.45%
Volume 0.0
As of 2:40 AM 10/7/15 All times are local (Market data is delayed by at least 15 minutes).

vtion wireless technology ag (V33) Snapshot

Previous Close
Day High
Day Low
52 Week High
10/29/14 - €3.20
52 Week Low
08/27/15 - €0.65
Market Cap
Average Volume 10 Days
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Dividend Yield
Current Stock Chart for VTION WIRELESS TECHNOLOGY AG (V33)

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vtion wireless technology ag (V33) Details

Vtion Wireless Technology AG, through its subsidiaries, provides wireless data card solutions for mobile computing through broadband wireless networks in the People's Republic of China. The company operates in three segments: Wireless Data Terminals, Wireless Intelligent Terminals, and All Others. The company primarily supplies wireless data card products and related after sales service support for the mobile use of computers; and interface conversion card products. It provides a range of 3G wireless data cards that fit PCMCIA, USB, Mini-USB, Express Card 34, and PCI Express Mini interfaces of laptops or personal computers. The company’s data cards are used primarily by business customers and governmental organizations to enable their employees to access a range of applications, including the Internet, e-mail, corporate intranet, remote databases, and corporate applications. It also provides wireless routers, broadband servers, wireless high-definition sharers, iPhones, other intelligent mobile phones, network cameras, and accessories in connection with mobile phones; and software services in connection with Android applications, and services in connection with mobile applications designed for insurance industry, as well as a health self-checking instrument in connection with mobile health care. Vtion Wireless Technology AG sells its wireless data cards through mobile network operators, wholesalers, and direct sales. The company was founded in 2002 and is based in Frankfurt am Main, Germany. Vtion Wireless Technology AG is a subsidiary of Awill Holdings Ltd.

228 Employees
Last Reported Date: 05/29/15
Founded in 2002

vtion wireless technology ag (V33) Top Compensated Officers

Chairman of the Management Board and Chief Ex...
Total Annual Compensation: €50.6K
Chief Financial Officer and Member of the Man...
Total Annual Compensation: €44.0K
Member of the Management Board
Total Annual Compensation: €58.6K
Member of the Management Board
Total Annual Compensation: €44.0K
Compensation as of Fiscal Year 2014.

vtion wireless technology ag (V33) Key Developments

Vtion Wireless Technology AG Delays Half Year Report

Vtion Wireless Technology AG announced that it will publish its half year financial report 2015 later than announced. The publication was originally scheduled for 27 August 2015 and has now been postponed due to organizational reasons. The Management Board will schedule a new date for the publication as soon as possible.

Vtion Wireless Technology AG Reports Earnings Results for the First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015

Vtion Wireless Technology AG reported earnings results for the first quarter ended March 31, 2015. For the quarter, the company generated revenues of EUR 9.5 million corresponding to a decrease of 13% compared to the same period 2014. The majority of the total revenue was generated in the company's core business with wireless data terminals. The decrease of the total revenues during the reporting period was mainly due to lower sales of wireless data cards using the 3G technology, which dropped by 49% to EUR 2.7 million. The sharp decline is based on the fact that more and more other devices are used to get access to the mobile internet. The company's EBIT decreased by 4% to EUR 0.6 million, due to the lower revenues. The Management Board expects 2015 to be a year of further transition and therefore remain difficult from an operational standpoint. The company predicts total revenues of around EUR 37 million for the full year 2015 and an EBIT margin of approximately 6%.

Vtion Wireless Technology AG Announces Resignation of He Zhihong as Chief Technology Officer, Effective by 16 May 2015

Mr. He Zhihong, the Chief Technology Officer of Vtion Wireless Technology AG has resigned from office effective by 16 May 2015. The resignation is to avoid conflicts of interest related to his role in the former subsidiary Vtion Anzhuo, which was divested from the Vtion Group in March 2015. The personnel decision has been taken consensually by the Management Board and the Supervisory Board. Both boards decided that there is no need to appoint a successor of Mr. He Zhihong. His responsibilities will be taken over by two of the remaining four members of the Management Board and the operational duties are assumed by the Chief Technology Officers of the Company's subsidiaries Vtion Information and Vtion Software.


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