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Bullboard - Stock Discussion Forum 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... see more

TSXV:FLY - Post Discussion

FLYHT Aerospace Solutions Ltd > Comments on Q4 results
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Post by Sammc10 on Apr 24, 2024 11:02pm

Comments on Q4 results

Overall, I'd say the quarter was a little weaker than expected. R&D and cash burn were higher than expected and hardware revenue was weak this quarter. That said, the Edge and WVSS commercialisations are proceeding about how I'd expect, and that's the important thing. By the time we hit H2, I think we'll start to see some notable traction.

If you'd like to read up on my full discussion of the results and the annual report, please follow the below link (I hope it works!)

https://app.breakoutinvestors.com/research/7668/FLYHT Reports Fourth Quarter and Full Year 2023 Results
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