Vtion Wireless Technology AG reported earnings results for the full year of 2013. For the year, the company reported that it generated revenues of EUR 60 million compared to EUR 75.6 million last year. While EBIT decreased by 27% to EUR 5.03 million corresponding to an EBIT margin of 8.4%, net profit margin remained on the previous year's level of 7%. EPS was EUR 0.33. Despite the pricing pressure in the market for wireless data terminal business realized 86.2% of its revenues compared to 85% last year, in this segment which derived primarily from sales of wireless data cards, followed by mobile router and wireless high definition sharer named PCtoTV sales. Around 10% of the Group's total revenues were generated with the special network camera VCam that Vtion launched in December 2012.

Though the market environment should remain difficult due to pricing pressure and rare opportunities of monetization in the software-based business segment for 2014 the company expects revenues of at least EUR 60 million, with an EBIT margin consistent with that of 2013 about 8% due to maintaining a very lean cost structure.