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**Company Overview**
**Name:** Passport Technology, Inc.
**Symbol:** PASS
**Exchange:** NASDAQ
**Industry:** Travel Technology
**Passport Technology** is a leading provider of technology solutions for the travel industry. The company's products and services include:
* **Distribution and booking systems:** Enables travel agents and other distributors to search, book, and manage travel products.
* **Payment processing:** Provides secure and convenient payment solutions for travel transactions.
* **Loyalty and rewards:** Offers loyalty programs and rewards for frequent travelers.
* **Data analytics:** Provides insights and analytics to help travel companies optimize their operations.
**Financial Performance**
**Revenue:**
* 2022: $404.8 million
* 2021: $295.9 million
* 2020: $184.1 million
**Net Income:**
* 2022: $39.9 million
* 2021: $29.1 million
* 2020: $11.6 million
**Earnings Per Share (EPS):**
* 2022: $1.45
* 2021: $1.06
* 2020: $0.42
**Growth Metrics**
**Revenue Growth:**
* 2022: 36.8%
* 2021: 60.7%
* 2020: -33.5%
**Net Income Growth:**
* 2022: 37.1%
* 2021: 150.9%
* 2020: -59.5%
**EPS Growth:**
* 2022: 36.8%
* 2021: 152.4%
* 2020: -61.9%
**Key Trends**
* Strong recovery in travel demand post-pandemic.
* Increasing adoption of digital travel solutions.
* Focus on providing personalized and seamless travel experiences.
* Expansion into new markets and product offerings.
**Outlook**
Passport Technology is well-positioned to benefit from the continued recovery in the travel industry. The company's strong financial performance, innovative products, and global reach make it a compelling investment for investors seeking exposure to the travel technology sector.