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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 PeterPiperon Mar 18, 2019 6:02pm
156 Views
Post# 29503057

RE:RE:FLYHT Financial Research Report

RE:RE:FLYHT Financial Research ReportThe revenue for the first three quarters of 2018 was around 9.5 million. So, if your figure of 17.5 million is close, then Q4 would be a record revenue of around 8 million. The previous record was 6.7 million (Q2, 2016), but more than half of that was the one-time intellectual property.

Of course, as you say, this is no guarantee of profit in Q4, because of extra expenses. It does, however, IMO, indicate a certain probability that there will be. What that probability is is anybody's guess, but it is making me tremble in anticipation!

Piper

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