We maintained our strong financial performance while continuing our investments in technology and product development at full pace in H1 2026.
During the first six months of the year, we increased our sales revenue by 16% year-on-year to USD$ 23M. We maintained a 40% EBITDA margin, while 79% of our revenue was generated in foreign currencies. Our technology investments, particularly in R&D and product development, reached USD$ 10.4M during the period.
Hitit’s financial growth was accompanied by continued expansion across our global operations. We served 68 partner airlines across 47 countries on six continents, successfully completing 15 installation projects during the first half of the year. At the end of the period, work was also underway on 15 additional installation projects.
Our R&D investments and product development efforts continued throughout the second half of 2026. In the next-generation Modern Airline Retailing (MAR) space, new airline partners went live on our Offers & Orders Management platform, Hitit Oxygen, bringing the platform’s daily transaction volume to more than 10 billion. We also completed the cloud transformation of the Hitit Payment Services Platform, which we had been working on for some time, and continued our work on AI-powered fraud prevention and next-generation payment technologies. On the Hitit ADS side, our agency distribution system, we continued to expand the platform’s capabilities with new solutions.
Looking ahead, we will continue investing in technology and innovation to enhance our products, develop innovative solutions aligned with the needs of our valued partners, and grow together.