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He has followed them for some time now. They have the ability to connect to a satellite network for locating aircraft. They also have modules to aid in fuel efficiencies. They have worked with Boeing and others that has been tested for over 1 million flight hours. WestJet is to become a customer.
Flyht Aerospace Solutions is a Canadian stock, trading under the symbol FLY-X on the TSX Venture Exchange (FLY-CV). It is usually referred to as TSXV:FLY or FLY-X
In the last year, there was no coverage of Flyht Aerospace Solutions published on Stockchase.
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0 stock analysts on Stockchase covered Flyht Aerospace Solutions In the last year. It is a trending stock that is worth watching.
On 2024-12-06, Flyht Aerospace Solutions (FLY-X) stock closed at a price of $0.345.
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.
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