Hitit maintained strong growth in the first nine months of 2025, reporting USD$ 31.2 million in revenue, a 29 % increase compared to the same period last year. Profitability remained robust, with an EBITDA of USD$ 12.7 million and an EBITDA margin of 41 %. Approximately 60 % of revenue came from international markets, with 77 % of sales denominated in foreign currency and 23 % in Turkish Lira.
We continue to expand our global footprint, serving 70+ Partner airlines in 50+ countries across six continents. Growth was driven not only by new partnerships but also by the expanding operations of existing Partners. Airlines’ accelerating adoption of modern retailing and digital-first operations has been a key factor supporting this momentum.
A significant contributor to this performance is our next-generation platform, Hitit Oxygen, which achieved a daily transaction volume of 1 billion by the end of the third quarter. The platform demonstrates both scalability and its growing role in powering seamless Offer & Order capabilities worldwide.
These results reaffirm our position as a global leader in airline and travel technology, delivering modern, flexible, and future-ready solutions that enable Partners to achieve operational excellence and sustainable growth in a rapidly evolving aviation landscape.