July 9, 2024, 7:03 p.m. | Chris Burt

Biometric Update www.biometricupdate.com

SITA is reporting nearly $1.5 billion in 2023 revenues, up 7 percent from the year before, from record sales its airport biometrics, digital identity projects, and deployments of software and IT infrastructure for the aviation industry.

EBITDA and profit margin also improved in SITA’s fiscal 2024 year, according to the company’s “Activity Report 2023.” Spending on research and development, design and testing was up 26 percent year-over-year, according to SITA.

SITA reported revenue of $1.7 billion back in …

airport airports aviation aviation industry biometrics biometrics news digital digital-identity expansion financial results fiscal identity industry infrastructure it infrastructure plans profit projects record reporting revenues sales sita software the company trade notes

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