Desmond biometrics firms reports profit in Britain

A British subsidiary of Daon, the biometrics firm backed by financier Dermot Desmond, made a small profit in 2005 as the market for its technology continued to develop.

13th January, 2007

A British subsidiary of Daon, the biometrics firm backed by financier Dermot Desmond, made a small profit in 2005 as the market for its technology continued to develop.

Daon (UK), which is the only part of the secretive company that files public accounts, made a pre-tax profit of €34,114 in the eight months to the end of 2005. It had turnover of more than €716,000 in the period, up from less than €667,000 in the previous...

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