If you are on the investors list you will have received this in an email. I had to remove Ryan's first name, since Stockhouse thinks its a rude word! (Hint it's the short form of "Richard".)The ingenuity of Stockhouse knows no bounds!
In his report, Ryan highlights that FLYHT is at the "nexus of global change" within the airline industry.
- FLYHT has been a trusted partner to many major airlines with its leading-edge portfolio of hardware, software and services. Recently, FLYHT announced its largest purchase order of C$7.0 million for Iridium modems and license fees from a long-standing OEM partner.
- FLYHT is shifting to an Actionable Intelligence (AI) data solutions offering. With this transformation, FLYHT is in favorable position to accelerate SaaS revenue at a cost-effective pricing for its customers.
- The 5G global migration creates the biggest opportunity in FLYHT's corporate history with pending certification of it AFIRS Edge product. The Edge product is designed for 5G but also supports 3G/4G/LTE with an addressable market of over 20,000 aircraft (~$1.0B).
- FLYHT is staffing for growth with recent hires from Teledyne.
- With FLYHT's data collection/integration/analysis solutions, it can improve airlines operating costs and improve their ESG initiatives.
While the COVID pandemic challenged industries across the board, FLYHT came out of the pandemic in the strongest position in its history and is poised for significant growth.
See the full report here:
https://mcusercontent.com/684a1c7a70dfe9dee6e5683f0/files/015201eb-6e07-53d5-8e38-1278b8cae06e/FLYHT_ORF.pdf Piper