Irish airline software firm Datalex reports 23% revenue increase to $28.9m in 2023 due to global aviation industry recovery.
Irish airline software firm Datalex reported a 23% rise in revenues for 2023, reaching $28.9m, due to the recovery of the global aviation industry. The company's loss after tax fell to $9.1m from $11.5m in 2022, and its adjusted EBITDA loss improved from $5.3m to $2.9m. The rise in revenue was driven by a 47% increase in services revenue, with a focus on activation and transformation projects contributing to platform revenue in the coming years.
March 20, 2024
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