Datalex

At an inflection point

  • Sectors : Travel IT Services
  • Companies : Datalex

Ratings and price correct at time of issue.

  • Datalex

    Closing Price: 62.2c

  • RATING 31/05/23

  • PREVIOUS RATING 08/06/22

    OUTPERFORM

DAVY VIEW

Datalex (DLE) aims to double its revenues by FY26 and capture the opportunity from an airline industry at something of an inflection point. That being said, a fundraising is required to support the growth ambition, and that event introduces additional uncertainty into the equity thesis – we move to a ‘Neutral’ recommendation.

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May 31 2023, 06:50 IST/BST

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