Full Year Losses Widen At Directa Plus

Full Year Losses Widen At Directa Plus - Featured Financial Graphene
Full Year Losses Widen At Directa Plus
Graphene-based producer and supplier DirectaPlus announced its full year results for the year to 31 December on Friday, with revenue from sales increasing by 89% to €0.74m.

The AIM-traded firm made an EBITDA loss for the year of €3.7m, widening from €2.7m, while its adjusted EBITDA loss for the year widened to €2.4m from €0.8m.

Its loss after tax for the year increased to €6.4m from €4.4m.

The company’s adjusted loss after tax for the year widened to €4.1m from €1.7m in 2015.

Directa Plus was admitted to AIM on 27 May during the period, successfully raising £12.8m gross at 75p per share.

Read the full story at the source below.

Source: Digital Look

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