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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 AFIRS Edge, Automated Flight Information Reporting System (AFIRS), FLYHT-WVSS-II, and Tropospheric Airborne Meteorological Data Reporting (TAMDAR). Its actionable intelligence solutions include Wireless Quick Access Recorder (WQAR), Aircraft Interface Device, FleetWatch, FuelSens, and ClearPort. The AFIRS solutions include an aircraft satcom/interface device that enables cockpit voice communications, the transmission of aircraft data both inflight via satellite and post-flight via 5G, real-time aircraft state and fleet status analysis, and preventative maintenance solutions. Its hardware products can also be interfaced with its proprietary relative humidity sensors to deliver airborne weather and humidity data in real-time. The FLYHT-WVSS-II is an aircraft sensor. The TAMDAR system is a sensor device installed on aircraft.


TSXV:FLY - Post by User

Post by dant2on Dec 12, 2016 11:47pm
156 Views
Post# 25589875

After many years things finally going well for Flyht and..

After many years things finally going well for Flyht and..although I'm a big fan of Flyht and their management, they now have some 238+ million shares outstanding (fully diluted) which of course means they need about 2.38M in profits in order to earn just .01 cent per share. 

Q4 will probably be strong and cap Flyht's most successful year ever.  But this will be hard to repeat in 2017 simply because so far this year Flyht has received one time extra ordinary revenues of about C$3.5 million in the form of a 2.5M USD licensing deal and a one time ~C$360K recovery of bad debt.

If you're looking for Flyht to earn .08 cents a share next year you may need to sharpen your pencil. I have been following and investing in Flyht since 2006 and barring some other very extra ordinary events personally I don't see it.

But with that said I still think Flyht is probably a good long term investment and I think they are succeeding in the market place but it will probably take a little longer for that success to show up consistently in their financials.

GLTA.. 
Dan





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