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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 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 analysis, and the transmission of aircraft data while inflight. The AFIRS Edge is a 5G wireless quick access recorder (WQAR), aircraft interface device (AID), and aircraft condition and monitoring system (ACMS). TAMDAR system is a sensor device installed on aircraft that captures temperature, atmospheric pressure, winds aloft, icing, turbulence, and relative humidity. FLYHT-WVSS-II is an externally mounted aircraft sensor that detects and reports water vapor as relative humidity. The Company's wholly owned subsidiary, CrossConsense, offers skilled services to the commercial aviation industry.


TSXV:FLY - Post by User

Comment by RayDonovan78on Nov 10, 2022 8:20am
71 Views
Post# 35087715

RE:Thought I would post the numbers again.

RE:Thought I would post the numbers again.Great job Peter. Yes, didnt need to look too closely to see they are still at a 1.7 MILL loss for the year. Keep up the good work !!

PeterPiper wrote: Read them carefully folks.

  Three Months Ended Sept. 30   Nine Months Ended Sept. 30
  2022 2021 Inc./ Dec.   2022 2021 Inc./ Dec.
Revenue $6,725,373 $3,173,331 111.9%   $16,637,402 $8,790,728 89.3%
  SaaS 2,073,284 1,507,366 37.5%   5,904,268 4,493,411 31.4%
  Hardware 480,064 567,356 -15.4%   3,502,345 2,803,252 24.9%
  Licensing 3,536,153 1,004,698 252.0%   6,070,761 1,194,804 408.1%
  Technical Services 635,872 93,911 577.1%   1,160,028 299,261 287.6%
Gross Margin 72.4% 68.2% 430 bps   62.2% 59.4% 280 bps
EBITDA 924,680 (811,966) NM   (912,562) (2,793,193) NM
Net Income (Loss) 703,765 (1,107,195) NM   (1,715,554) (3,415,152) NM
EPS – Basic & Diluted 0.02 (0.03) 0.05   (0.05) (0.11) 0.06

Piper


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