Directa Plus reports its financial results for 2017, with revenues up more than 50%

Directa Plus reported its financial results for 2017. Revenues were €1.23 million, up more than 50% from €0.82 million in 2016. Revenues from graphene products and services increased 29% (to €0.95 million). The company lost €3.16 million in 2017 (down from €3.67 million in 2016). At the end of 2017, Directa Plus had €6.9 million in cash and equivalents.

Directa says that in 2017 its customer list more then doubled to 35 active customers (up from 16 in 2016). Looking ahead to 2018, the company expects to increase its revenues from existing clients - and to have new customers that order commercial materials.

Posted: Apr 27,2018 by Ron Mertens