MARLBOROUGH, MA – DownStream Technologies reported sales revenue increased 15% in 2016 compared to 2015.
The driving factor was continued demand across the product line, including a 50% increase in sales from DFMStream and a 33% increase from BluePrint-PCB.
DownStream reported a record 66% increase in profit margin, as the company maintained expenses in 2015.
By region, the company reported a 46% sales increase in Asia, a 10% increase in the US, and European sales flat compared to 2015.
“We are extremely pleased with our financial performance in 2016,” said Rick Almeida, one of DownStream’s founders. “We credit our success to our model of constant product improvement and leadership in the marketplace, as well as increased adoption of DFM technology within the mainstream PCB design market. We also saw a strong increase in performance from our partnership licensing model.”
DownStream is "cautiously optimistic" for 2017.