Thursday December 12, 2019

Datalex fails to arrest nosedive

As Datalex's shareholders reel from news that losses are even worse than forecast, regulatory bodies may be preparing to take a look

Ian Guider

Markets Editor

11th August, 2019
Datalex has a complex accounting relationship with client airlines

Less than a month has passed since I last wrote about the woes at Datalex, a high-profile Dublin-based software company. I argued that after six months of keeping shareholders in the dark about the true extent of its many problems, which include serious accounting irregularities, issues regarding profit guidance and the departure of all of its top management in under a year, it needed to become fully transparent to pull through the crisis.

Shareholders were...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Related Stories

The threat of no-deal has led many businesses to identify and eliminate inefficiencies, allowing them to do more with less

Brian Cremin | 10 hours ago

Real conversations about wealth transfer from parents to children are a must – and they should be had in plenty of time

Peter Kinsella | 4 days ago