Directa Plus Plc announced unaudited consolidated earnings results for the six months ended June 30, 2016. For the period, the company reported revenue of EUR 403,303 compared to EUR 112,644 a year ago. Loss from operating activities was EUR 1,762,057 compared to EUR 1,101,344 a year ago. Loss before tax was EUR 3,784,123 compared to EUR 1,298,155 a year ago. Loss after tax was EUR 3,784,123 compared to EUR 1,298,155 a year ago. Loss of the period was EUR 3,784,123 compared to EUR 1,298,155 a year ago. Total comprehensive loss for the year was EUR 3,790,279 or loss of EUR 0.15 per basic and diluted share compared to EUR 1,285,691 or loss of EUR 0.06 per basic and diluted share a year ago. Net cash used in operating activities was EUR 1,974,408 compared to EUR 639,179 a year ago. Investment in intangible assets was EUR 69,350 compared to EUR 252,996 a year ago. Adjusted loss after tax for the period of EUR 2.3 million compared to EUR 1.3 million a year ago. Acquisition of property, plant and equipment was EUR 27,710 compared to EUR 109,428 a year ago.

For the second half of 2016 the company expects to deliver an increase in sales against the first half.