Datalex experienced a 23pc increase in revenue last year due to the recovery of the global aviation industry, with total revenue expected to reach $28.9m in 2023.
The company saw a 47pc increase in services revenue, driven by a rise in activation and transformation projects, which are expected to contribute to platform revenue in the future.
Despite reporting an unaudited adjusted Ebitda loss of €2.9m, down from a €5.3m improvement in adjusted Ebitda loss compared to 2022.
Datalex renewed partnerships with several major airlines and entered new partnerships with LATAM Airlines and Air Macau in 2023, with plans for continued transformation projects in 2024 and 2025 under the leadership of new CEO Jonathan Rockett.
