Business
Half Year Report
Directa Plus PLC reported a 15% increase in revenue to €3.90 million for the first half of 2025, compared to €3.39 million in H1 2024, with total income reaching €3.92 million. The company's contribution margin improved to 54%, up from 52% in the previous year. The EBITDA loss decreased by 38% to €1.13 million, a significant improvement from the €1.81 million loss in H1 2024. The loss before tax was €1.66 million, compared to €2.48 million in the prior period. Cash reserves at the period's end stood at €2.97 million, down from €4.98 million at the end of December 2024. Disclaimer*
About this update from Directa Plus Plc
[{"type":"text","content":"\n\n24 September 2025\n \n \nDirecta Plus plc\n(\"Directa Plus\" or the \"Company\" or, together with its subsidiaries, the \"Group\")\n \nHalf Year Report for the Period Ended 30 June 2025\n \nDirecta Plus (AIM: DCTA), a leading producer and supplier of graphene-based products for use in consumer and industrial markets, announces its half year results for the six months ended 30 June 2025.\n \nFinancial performance\n\n\n\n\n· \n\n\nRevenue increased 15% to €3.90m (H1 2024: €3.39m).\n\n\n\n\n· \n\n\nTotal income €3.92m (H1 2024: €3.45m).\n\n\n\n\n· \n\n\nContribution margin* improved to 54% (H1 2024 52%), reflecting prioritisation of higher-margin contracts and initial benefits from production efficiency measures.\n\n\n\n\n· \n\n\nEBITDA loss** improved by 38% to €1.13m (H1 2024: €1.81m), confirming the trajectory towards breakeven.\n\n\n\n\n· \n\n\nLoss before tax €1.66m (H1 2024: €2.48m).\n\n\n\n\n· \n\n\nCash at period end €2.97m (December 2024: €4.98m). Cash discipline remains a key priority, with management carefully balancing investment in growth with financial sustainability.\n\n\n\n\n \n* Contribution margin is a managerial metric calculated as (Revenue - Direct variable costs) / Revenue.\n**EBITDA loss represents results from operating activities before tax, interest, depreciation and amortisation.\n \nOperational performance\n\n\n\n\n· \n\n\nProduction system upgrade nearing completion: the revamping of the Group's production line, due to be fully commissioned in Q4 2025, will deliver a fully automated and scalable facility capable of processing multiple precursors. It will also enable the production of nanographite-based materials, significantly reducing direct production costs, while enhanced automation and the switch from argon to nitrogen gas for the plasma process are expected to further lower production costs, improve sustainability and complete the process certification that will allow us to program licencing actions.\n\n\n\n\n· \n\n\nTalent and innovation: new hires in production and R&D are improving operational flexibility and accelerating innovation. This includes the development of new applications in elastomers, plastics, coatings and...