Travel software group Datalex said revenues for the four months to the end of October rose to $11.3 million (€8.9 million), up from $9.6 million over the same period in 2007.
This includes transaction revenues of $3.9 million, compared to $2.5 million over the same four months last year.
Datalex said it had continued to expand despite challenging economic conditions and the fall in the oil price has significantly enhanced the outlook for many airlines.
"As a consequence, Datalex's new business pipeline remains solid".
At 9.16am Datalex shares were unchanged at €0.25, giving the company a market capitalisation of €17.9 million. Its shares have fallen by 61 per cent this year.