Full year Ebitda loss to fall to $2.9m as travel retail software company signs new deals with LatAm Airlines and Air Macau
Datalex chief executive Jonathan Rockett: travel retail software company expects revenue for 2023 to have grown by 23 per cent.
The company had previously forecast that revenue would grow by about 15 per cent last year as it benefited from the post-pandemic travel recovery. “The group entered 2024 with a strong recurring revenue base and has a solid pipeline of growth that will be unlocked as new customers are activated further,” it said.How to survive an Australian working holiday financially
“As go-live milestones are achieved, higher margin platform revenue is expected to materially drive revenue growth, with expectations that this will be most pronounced commencing in 2025,” the company, which has been led since November by chief executive Jonathan Rockett, said.