FLYHT Aerospace Solutions Ltd V.FLY

KRC report update, as of June 2

[CF105]

BK: "Valuation. We forecast that FLYHT will record flat revenues in F2023 over F2022 as the decline in License revenues is offset by AFIRS 228 orders and a recovery in SaaS revenues. We believe that F2024 will be a pivotal year for FLYHT. On this basis, we derive a $2.50 target (formerly $2.70)."


This link will open the PDF directly.

https://flyht.com/wp-content/uploads/2023/06/FLY-23-Q1.pdf


An archive of these reports dating back to 2019 can be found here.

https://flyht.com/investors/why-invest/

[mariners13]

I would very much be interested in your thoughts on this. I presume, having posted it, that out of all the information there that this interests you most? It certainly would be nice. What is your thoughts on it, as to really being possible? Regards, Mariners

[mariners13]

Sorry, but just noticed the reduction in target. I am predisposed toward thinking reports like this are always positive. I will read it more carefully now.

[CF105]

M13: If you are asking if I think FLY will get to $2.50, I think that is inevitable. Higher, in fact. It is the timeline that is harder to predict.  The delay in acquiring the STCs for the Edge is having the most affect on company advancement. Much is predicated on Edge sales. I believe everything will fall into place once these sales commence. The KRC report is thorough in scope and

[RayDonovan78]

FLYHT has NEVER come close to any of there price targets.