Latest news with #SAAS
ABC News
3 days ago
- General
- ABC News
SA Police make new claims about Royston Park arrest incident
South Australian police allege a man who became unresponsive while being arrested on Thursday morning 'violently resisted' officers, as an investigation continues into the actions taken during the incident. Police attempted to arrest a 42-year-old Modbury North man on Payneham Road about 2:45am on Thursday, after saying they witnessed an "altercation" occurring between a man and a woman. Police said the man "became unresponsive" as they attempted to arrest him. He was taken to hospital where his condition has not yet been disclosed by SA Police or SA Health. Police are investigating the incident and the actions of officers at the scene. In an updated statement released on Thursday afternoon, provided to the ABC today, police alleged the man "was assaulting a female" when they intervened. "While being restrained the man violently resisted police," SA Police alleged. "After being restrained he became unresponsive and police administered first aid until SAAS (SA Ambulance Service) arrived." SA Police said its investigation into the matter will examine "all evidence", including the body-worn video of the officers involved. "The investigation and assessment of all evidence will determine the appropriateness of the actions taken by the officers," the statement said. Police said earlier on Thursday that no-one was shot and no taser was used. The incident prompted the closure of Payneham Road between Lambert Road and Lower Portrush Road on Thursday morning. The roads have since reopened.
Yahoo
16-05-2025
- Business
- Yahoo
Datalex PLC (DUB:DLE) (FY 2024) Earnings Call Highlights: Strategic Launches and Revenue Growth ...
Release Date: May 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Datalex PLC (DUB:DLE) successfully launched Selex, a new offer and order management solution, marking a significant strategic development for the company. The company completed the activation of Air Macau onto the Selex platform and continued the activation of EasyJet, showcasing progress in customer engagement. Platform revenue, consisting of SAAS license and transaction fees, grew by 24% year on year, indicating strong underlying business momentum. Datalex PLC (DUB:DLE) raised 25 million in equity, which was used to repay debt and strengthen the balance sheet, providing capital for strategic initiatives. The company expanded its gross profit margin by 3 percentage points to 37%, driven by a strategic shift towards higher-margin platform revenue. Total revenue declined by 5% year on year to 27.5 million, primarily due to the cessation of contracts with Scandinavian Airlines and Virgin Australia. Operating expenses increased by 5% year on year, driven by higher IT and insurance costs due to inflationary pressures. The company reported an adjusted EBITDA loss of 3.1 million, a modest increase from the previous year, as higher operating expenses offset gross profit growth. Datalex PLC (DUB:DLE) experienced a loss after tax of 10.2 million, a 13% increase year on year, attributed to higher interest costs and share-based payment expenses. The cessation of contracts with Scandinavian Airlines and Virgin Australia resulted in a 3.5 million revenue loss, creating a drag on year-on-year growth. Warning! GuruFocus has detected 4 Warning Signs with DUB:DLE. Q: Can you elaborate on the impact of the cessation of contracts with Scandinavian Airlines and Virgin Australia on your 2024 revenue? A: Stephen Maloney, CFO: The cessation of contracts with Scandinavian Airlines and Virgin Australia in 2023 resulted in a 3.5 million revenue that did not recur in 2024, leading to a 5% decline in total revenue. However, platform revenue grew by 24% year on year, indicating strong underlying business momentum. Q: What strategic initiatives are you focusing on for 2025 to drive growth? A: Jonathan Rocket, CEO: Our focus for 2025 includes expanding our Selex offer and order management solution, launching new stand-alone modules like Selex Plus, and investing in core enablers such as platform modernization and AI integration to drive future growth and scale. Q: How did the equity raise in 2024 impact your financial position? A: Stephen Maloney, CFO: We raised 25 million in equity, which was used to repay our debt facility, significantly strengthening our balance sheet. This move eliminates future interest expenses and supports our strategic initiatives. Q: What are your expectations for platform revenue and margin expansion in 2025? A: Stephen Maloney, CFO: We expect continued strong platform revenue growth and margin expansion in 2025, driven by ongoing customer activations and a shift towards higher-margin platform revenue. This will be a strategic priority to ensure sustainable growth. Q: Can you provide more details on the new products, DLXpay and Pricing AI? A: Jonathan Rocket, CEO: DLXpay is a payment platform designed to simplify global payment processing and enhance customer experiences. Pricing AI is a plug-in that uses AI to optimize pricing strategies for airlines. Both products are part of our Selex Plus suite, aimed at addressing airline demands and driving revenue growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Datalex PLC (DUB:DLE) (FY 2024) Earnings Call Highlights: Strategic Launches and Revenue Growth ...
Release Date: May 15, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Datalex PLC (DUB:DLE) successfully launched Selex, a new offer and order management solution, marking a significant strategic development for the company. The company completed the activation of Air Macau onto the Selex platform and continued the activation of EasyJet, showcasing progress in customer engagement. Platform revenue, consisting of SAAS license and transaction fees, grew by 24% year on year, indicating strong underlying business momentum. Datalex PLC (DUB:DLE) raised 25 million in equity, which was used to repay debt and strengthen the balance sheet, providing capital for strategic initiatives. The company expanded its gross profit margin by 3 percentage points to 37%, driven by a strategic shift towards higher-margin platform revenue. Total revenue declined by 5% year on year to 27.5 million, primarily due to the cessation of contracts with Scandinavian Airlines and Virgin Australia. Operating expenses increased by 5% year on year, driven by higher IT and insurance costs due to inflationary pressures. The company reported an adjusted EBITDA loss of 3.1 million, a modest increase from the previous year, as higher operating expenses offset gross profit growth. Datalex PLC (DUB:DLE) experienced a loss after tax of 10.2 million, a 13% increase year on year, attributed to higher interest costs and share-based payment expenses. The cessation of contracts with Scandinavian Airlines and Virgin Australia resulted in a 3.5 million revenue loss, creating a drag on year-on-year growth. Warning! GuruFocus has detected 4 Warning Signs with DUB:DLE. Q: Can you elaborate on the impact of the cessation of contracts with Scandinavian Airlines and Virgin Australia on your 2024 revenue? A: Stephen Maloney, CFO: The cessation of contracts with Scandinavian Airlines and Virgin Australia in 2023 resulted in a 3.5 million revenue that did not recur in 2024, leading to a 5% decline in total revenue. However, platform revenue grew by 24% year on year, indicating strong underlying business momentum. Q: What strategic initiatives are you focusing on for 2025 to drive growth? A: Jonathan Rocket, CEO: Our focus for 2025 includes expanding our Selex offer and order management solution, launching new stand-alone modules like Selex Plus, and investing in core enablers such as platform modernization and AI integration to drive future growth and scale. Q: How did the equity raise in 2024 impact your financial position? A: Stephen Maloney, CFO: We raised 25 million in equity, which was used to repay our debt facility, significantly strengthening our balance sheet. This move eliminates future interest expenses and supports our strategic initiatives. Q: What are your expectations for platform revenue and margin expansion in 2025? A: Stephen Maloney, CFO: We expect continued strong platform revenue growth and margin expansion in 2025, driven by ongoing customer activations and a shift towards higher-margin platform revenue. This will be a strategic priority to ensure sustainable growth. Q: Can you provide more details on the new products, DLXpay and Pricing AI? A: Jonathan Rocket, CEO: DLXpay is a payment platform designed to simplify global payment processing and enhance customer experiences. Pricing AI is a plug-in that uses AI to optimize pricing strategies for airlines. Both products are part of our Selex Plus suite, aimed at addressing airline demands and driving revenue growth. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. Sign in to access your portfolio
Time of India
22-04-2025
- Business
- Time of India
CM inaugurates online trading platform for TDR
Mumbai: CM Devendra Fadnavis on Tuesday inaugurated the online trading platform for Transfer of Development Rights (TDR). Termed the e-TDR system, it will provide clear information on the purchase of TDR to landowners and help in the implementation of the development plan. The e-TDR system was developed by the BMC on a SAAS platform and will facilitate the buying and selling of TDR, managing financial transactions via a nodal bank, which is SBI. All development rights certificates will be dematerialised and maintained in an electronic format. Buyers and sellers will now be required to register themselves and open an account with SBI to deal on the e-marketplace. TDR
