Revenues at Hawk-Eye firm increase to €71.6m as higher costs hit profitsGordon DeeganPre-tax profits at the tech firm that decides questionable points in top GAA games this year declined by 12.4 per cent to £16.99 million (€19.62 million). The accounts for the Sony-owned firm show that revenues for the ‘UK and Ireland’ last year increased from £13.7 million to £16.2 million. Europe is the company’s largest market with revenues totalling £33.7 million or 54 per cent of total revenues this year. Numbers employed by the company this year increased from 396 to 529 as staff costs increased by 36 per cent from £18.9 million to £26.94 million. Research and development costs this year increased from £2.07 million to £2.97 million.

Source: Irish Independent October 05, 2023 02:26 UTC