Q3Another good quarter on the books. Sales were up. recurring revenue was up y/y and q/q. Recognized revenue for 12 kits which means 12 more units went live. Recieved deposits for 12 additional boxes. The 228 STC list continues to grow. Basically a keep your head down and get down to business quarter, as the subsequent events prove. We are about to enter a very large growth phase, this 12 kit revenue is going to look like chump change.
I am very pleased with Flyht's progress this year, the 228s is nearing certification and we will be on the AirBus assembly line sooooon. Also alot more units are about to head to China, i'm sure many were surprised that we already shipped 30 units to 7 major airlines there.
Trading today held up nicely after yesterdays 13.33 % increase, only corrected 1.18%.
All in All i'd say the writing is on the wall. Good luck to all the longs here, the shareprice has broken out of a long term down trend and were on the way up.
Uber