Travel software firm Datalex edges closer to profitability

Datalex — the Dublin-headquartered international travel software company — has edged closer to profitability, by nearly eradicating its first-half losses.

The company — which provides software solutions to a number of companies in different areas of the travel industry, including airlines such as Aer Lingus, South African Airways, Continental Airlines and United Airlines — yesterday reported a pre-tax loss figure of $200,000 (€159,200); down by 90% on the $1.9m loss generated in the first half of 2011.

Last year saw Datalex post an annual loss of $3.9m; but the company said yesterday it is on track to deliver 40% EBITDA growth and to return to pre-tax profitability for 2012, as a whole.