50% off Premium Yearly
Flyht Aerospace SolutionsFLY.VCOMMENTJan 16, 2018Stock price when the opinion was issued
As of Dec 30, 2024. Market Open.
Profit of 1c per share beat estimates of -1c.
Revenue of $7.2M beat estimates by 11.4%. EBITDA was positive $1.17M vs an expected loss of $305,000. Sales rose 186% so certainly a nice improvement. Margin was 67% up from 49.5%.
Profit was the highest in three years as the airline sector recovered from covid.
All four categories grew in the quarter.
Considering some macro and cost pressures, this was a good quarter.
Unlock Premium - Try 5i Free
A frustrating stock. Here it's a buy. Super-promising business. Provide streaming of data to the ground, which saves customers money. Major developments in last 6 months that are pushing the company forward. Westjet became their first tier-one customer, so this is the crack in the door.
A long-term holding for him. It underperformed last year despite emerging profitability. The fundamentals are improving. 2018 has the potential to have some very big business developments that should drive the stock upwards. There has been insider buying in the last couple of months, which is a pretty bullish signal.