Business
PALLAS: Revenue down 18%, net loss €10.7M, strategic pivot to AI/data, liquidity risks persist
PALLAS: Revenue down 18%, net loss €10.7M, strategic pivot to AI/data, liquidity risks persist
About this update from Pallas Air Plc
Revenue fell 18% to €6.8 million in 2025, with a net loss of €10.7 million and negative equity. Strategic focus shifts to data management and AI, while liquidity risks remain high and refinancing is critical.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.