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FLYHT Aerospace Solutions Ltd V.FLY

Alternate Symbol(s):  FLYLF

FLYHT Aerospace Solutions Ltd. provides solutions for the aviation industry. The Company's aircraft certified hardware products include Automated Flight Information Reporting System (AFIRS), AFIRS Edge, Tropospheric Airborne Meteorological Data Reporting (TAMDAR) and FLYHT-WVSS-II. AFIRS is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight. The AFIRS Edge is a 5G wireless quick access recorder (WQAR), aircraft interface device (AID), and aircraft condition and monitoring system (ACMS). TAMDAR system is a sensor device installed on aircraft that captures temperature, atmospheric pressure, winds aloft, icing, turbulence, and relative humidity. FLYHT-WVSS-II is an externally mounted aircraft sensor that detects and reports water vapor as relative humidity. The Company's wholly owned subsidiary, CrossConsense, offers skilled services to the commercial aviation industry.


TSXV:FLY - Post by User

Comment by uberliouson Dec 01, 2016 1:11pm
91 Views
Post# 25541409

RE:RE:RE:RE:RE:RE:RE:RE:RE:Buyout thesis

RE:RE:RE:RE:RE:RE:RE:RE:RE:Buyout thesisTi
Yes I agree. I think the 4th Q may be tight though. Both deposits an unearned revenue are down quarter /quarter. That may effect q4 sales revenue, also that was a wooping 1.6 million in parts revenue. Hard to say if they can hold those numbers, bonus if they can. I think we will report a small loss in Q4 with positive income (profit) on the year. That said, markets are forward thinking and next year should be even more.profitable. Shareprice aside, the company is doing well. The company continues to grow sales and there is a massive backlog of Afirs systems awaiting installations. Future revenue just waiting to hit the books. Late Dec I think will be interesting.
Uber
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