Directa Plus has announced an FY’23 trading update with revenues broadly flat yoy at €11.0m (c.8% below SCMe) but an improvement in adjusted EBITDA loss (at least 20% yoy) and Cash (gross) at €2.4m. This update implies H2’23 revenues of €6.4m, a record half year revenue performance. The reduction in adjusted EBITDA loss reflects the shift within Directa Plus from its previous R&D focus, to a new commercial-engine focused on end markets where graphene has near-term potential. The company remains ....
12 Feb 2024
FY23 Trading Update: Trading on 1x Sales
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FY23 Trading Update: Trading on 1x Sales
Directa Plus Plc (DCTA:LON) | 18.7 0 0.0% | Mkt Cap: 12.4m
- Published:
12 Feb 2024 -
Author:
Tom Like -
Pages:
3
Directa Plus has announced an FY’23 trading update with revenues broadly flat yoy at €11.0m (c.8% below SCMe) but an improvement in adjusted EBITDA loss (at least 20% yoy) and Cash (gross) at €2.4m. This update implies H2’23 revenues of €6.4m, a record half year revenue performance. The reduction in adjusted EBITDA loss reflects the shift within Directa Plus from its previous R&D focus, to a new commercial-engine focused on end markets where graphene has near-term potential. The company remains ....