Itaconix plc announced unaudited revenue results for the full year 2023. The company achieved another record year with unaudited revenues of $7.9 million, a substantial increase of 40.6% over fiscal year 2022 of $5.6 million. The Company has now grown revenues at a compound annual growth rate of 54.9% since 2018.

Europe led this year's growth rate, with revenues increasing by 89.3% to $1.0 million, while North America continued to generate significant increases, with revenues growing by 35.6% to $6.9 million. The Cleaning Sector was the major revenue contributor, generating $7.2 million in unaudited revenues, a 43.7% increase compared to FY22. This growth is attributed to expanding detergent sales volumes across North America and Europe, bolstered by increased volume from existing customers in North America and notable successes in acquiring new detergent customers in Europe.