Directa Plus PLC (AIM:DCTA, OTC:DTPKF) told investors it has generated €2 million of revenue in its first quarter, marking a 40% improvement from last year.
It was supported by renewals with key clients.
The graphene products firm said its order book stands at €7 million, and it expects 2024 revenue to be €6.7 million.
“This lays the foundation for the group to build momentum which is already evident from the new wins and renewals in the first quarter of FY2025, providing confidence in the success of our strategy,” chief executive Giulio Cesareo.
He added: “We are working with determination to recover the ground lost in 2024 and to bring the group back to its expected growth path.”
In London, Directa Plus shares traded around 4% higher changing hands at around 6.5p.