Directa Plus (GB:DCTA) has released an update.
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Directa Plus, a key player in graphene-based products, reports stable FY23 financials with sales and service revenue at €10.53m, and a reduced loss before tax by 19% to €4.31m. Major contract wins, including a €5.5m deal with LIBERTY Galati, and strategic acquisitions such as increasing stake in subsidiary Setcar to 99.95%, highlight the company’s growing market presence. A recent fundraise of £6.9 million will support further growth, capitalizing on increasing demand in environmental and textile sectors.
For further insights into GB:DCTA stock, check out TipRanks’ Stock Analysis page.
