Dermot Desmond firm that developed Aer Lingus vaccine app turns profit

Daon develops and sell biometric software and services to governments

Dermot Desmond’s biometrics company Doan had turnover in 2022 of €11.2 milion. Picture: Getty

Daon, Dermot Desmond’s biometrics company, had turnover in 2022 of €11.2 milion, down from €12.2 million the year before, new company accounts show.

The company’s expenses also dropped in that period, from €11.9 million to €11 million, giving it a pre-tax profit for the year of €184,560, down from €197,034. That pushed Daon’s accumulated profits to €1.3 million.

Meanwhile Daon’s UK subsidiary, Daon UK, had turnover of £7.7 million, up from £7.5 million the year ...