ItN Nanovation AG reported consolidated earnings results for the year ended December 31, 2013, under IFRS. For the period, the company's revenues were €3.4 million, which is an increase of 12% compared to the previous year's value of €3.0 million. The increase was recorded, as expected, for the water filtration division whose turnover rose by 41% compared to the level of the previous year.

Despite increasing turnover, the operating expense of the group was further reduced significantly by nearly 24% compared to the previous year. Correspondingly, the operating loss of 2013 improved by €2.6 million to €3.9 million compared to €6.4 million in the previous year. The group's loss improved from €6.4 million to €4.7 million.