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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

Comment by Sandman852on Jul 26, 2018 1:35pm
113 Views
Post# 28372352

RE:RE:RE:RE:Flyht Announces Closing of Debt Financing of $2 Million

RE:RE:RE:RE:Flyht Announces Closing of Debt Financing of $2 MillionPersonally I find it frustrating that they seem to continue to garner sales but never turn a profit. Huge backlog would indicate that they cant complete installations in a timely manner and at a profit which results in loss year after year. EIther start charging more or get efficient at doing the work to create profitability. Cost of sales is too high and while management salaries aren't fully justified it's not the biggest issue imo.
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