Travel software company Datalex, which raised $66m in is recent flotation in Dublin and New York, says its third quarter net operating loss has widened from $1.5m to $11m.
Revenues rose by 176% to $9.9m, with e-business applications now accounting for 68% of this.
Chief executive Neil Wilson said the company was looking to expand through acquisition and organically, and had secured agreements with a number of key players in the travel industry.
