Airline e-commerce platform Datalex is expected to report a narrowing of losses for 2023 and higher revenues as the company benefitted from the"turnaround year" for the global aviation industry.
Its loss after tax is set to fall to $9.1m compared to a loss after tax in 2022 of $11.5m, while the company's adjusted EBITDA loss of $2.9m is set to improve from the adjusted EBITDA loss $5.3m the previous year. It also entered into new partnerships with LATAM Airlines and Air Macau in 2023, while EasyJet went live with its Merchandiser product - the start of a multi-year activation project.
Source: News Formal (newsformal.com)
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