For the year (end-December 31), MeVis had consolidated sales of 13.7 million euros ($18 million U.S.), down 4% from the 14.3 million euros ($18.8 million U.S.) reported in 2010. A weak dollar, which contributed three percentage points to the decline, was a significant factor in the lower sales numbers, according to the company. MeVis noted that an increase in maintenance revenues helped balance out a decline in its licensing activities.

Cost-cutting initiatives contributed to a lower net loss in 2011 of 4.1 million euros ($5.4 million U.S.), an improvement from a net loss of 8.4 million euros ($11.1 million U.S.) in 2010. MeVis said it is forecasting stable revenues and a slight increase in earnings before interest and taxes in 2012, with higher sales and revenue figures in 2013.