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FLYHT Aerospace Solutions Ltd V.FLY

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 Frostyfreshon Aug 01, 2019 10:23am
91 Views
Post# 29983767

Price Action

Price Action
There hasn't been a lot of action lately, but from how the price has acted from the start of July to now, I think people are becoming disinterested again and unloading when they can. I am nervous for the Q2 earnings. We need the share price above 1.80 for a 90 day period. While I'm confident installs have been ramping up, CF has pointed out that the difference in the value of the backlog (Q1 $61.9 to Q2 $58M) in addition to the new sales ($3M)  will not necessarily translate to revenue of $6.9M. I am also confused as to whether Flyht will be receiving the subsidy from Panasonic this quarter. 

This needs to be a good, profitable quarter. 
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