공지 • Mar 27
Firan Technology Group Corporation to Report Q1, 2026 Results on Apr 08, 2026 Firan Technology Group Corporation announced that they will report Q1, 2026 results After-Market on Apr 08, 2026 공지 • Feb 06
Firan Technology Group Corporation to Report Q4, 2025 Results on Feb 18, 2026 Firan Technology Group Corporation announced that they will report Q4, 2025 results After-Market on Feb 18, 2026 공지 • Feb 02
Firan Technology Group Corporation, Annual General Meeting, Apr 09, 2026 Firan Technology Group Corporation, Annual General Meeting, Apr 09, 2026. 공지 • Sep 25
Firan Technology Group Corporation to Report Q3, 2025 Results on Oct 08, 2025 Firan Technology Group Corporation announced that they will report Q3, 2025 results After-Market on Oct 08, 2025 공지 • Jul 21
Firan Technology Group Achieves Another Major Milestone with EASA Certification for Edge+ on Airbus A319/320/321 Family of Aircraft Firan Technology Group Corporation announced that a Supplemental Type Certificate (STC) has been awarded by the European Aviation Safety Agency (EASA) for the AFIRS Edge+™ product on the Airbus A319/320/321 family of aircraft. This milestone certification clears the path for global deployment of FLYHT’s 5G Wireless Quick Access Recorder (WQAR) on one of the world’s most widely used commercial airframes. The AFIRS Edge+ is a direct, plug-and-play replacement for legacy WQAR systems that are reaching end-of-life as older cellular networks sunset. As the industry’s first 5G-enabled WQAR, the AFIRS Edge+ delivers the bandwidth and reliability required to meet next-generation data demands—from advanced predictive analytics to reducing ACARS costs. With this EASA approval in hand, FTG will expand regulatory compliance to additional jurisdictions in the coming months, enabling broader market access for Edge+ across Airbus A319/320/321 operators worldwide. 공지 • Jul 03
Firan Technology Group Corporation to Report Q2, 2025 Results on Jul 08, 2025 Firan Technology Group Corporation announced that they will report Q2, 2025 results After-Market on Jul 08, 2025 공지 • Apr 03
Firan Technology Group Corporation to Report Q1, 2025 Results on Apr 09, 2025 Firan Technology Group Corporation announced that they will report Q1, 2025 results After-Market on Apr 09, 2025 공지 • Feb 13
Firan Technology Group Corporation to Report Q4, 2024 Results on Feb 19, 2025 Firan Technology Group Corporation announced that they will report Q4, 2024 results at 9:30 AM, US Eastern Standard Time on Feb 19, 2025 공지 • Feb 05
Firan Technology Group Corporation, Annual General Meeting, Apr 10, 2025 Firan Technology Group Corporation, Annual General Meeting, Apr 10, 2025. 공지 • Jan 08
Firan Technology Group Corporation Announces Civil Aviation Administration of China"Caac") Has Approved FTG Aerospace Tianjin as an Approved Maintenance Organization (Amo) Firan Technology Group Corporation has received approval from Civil Aviation Administration of China to be an Approved Maintenance Organization (AMO). Under this approval, FTG Aerospace Tianjin is approved for the maintenance of aeronautical products, specifically for instruments or display devices. With this approval, FTG can now maintain or repair its display products and provide airworthiness tags for repaired products. 공지 • Dec 21
Firan Technology Group Corporation (TSX:FTG) completed the acquisition of FLYHT Aerospace Solutions Ltd. (TSXV:FLY) from group of shareholders. Firan Technology Group Corporation (TSX:FTG) entered into a definitive arrangement agreement to acquire FLYHT Aerospace Solutions Ltd. (TSXV:FLY) from group of shareholders for CAD 13.3 million on October 21, 2024. Under the terms of the Transaction, FLYHT shareholders may elect to receive in exchange for each FLYHT Share, (i) CAD 0.1103 in cash and 0.0333 of a common share of FTG (each whole such share, an “FTG Share”), (ii) CAD 0.3379 in cash or (iii) 0.0495 FTG Shares, subject to pro-ration (collectively, the “Consideration”). The Consideration will be subject to a total maximum cash consideration of CAD 4.3 million and a total maximum share consideration of 1.3 million FTG Shares. The Consideration implies a price of CAD 0.3379 per FLYHT Share. Upon the completion of the Transaction, FLYHT will become a wholly owned subsidiary of FTG. FLYHT will have to pay a termination fee of CAD 1.2 million in case it terminates the transaction.
The Transaction is structured as an arrangement under the CanadaBusiness Corporations Act and will require the approval of 66 2/3% of the votes cast by FLYHT shareholders at a special meeting to be held to approve the Transaction (the “Special Meeting”). The Transaction is subject to receipt of FLYHT shareholder and court approvals, any required regulatory approvals and consents, approval in respect of the listing of consideration shares on TSX, shareholders shall not have exercised Dissent Rights not more than 5% of the outstanding shares and customary closing conditions. The transaction has been unanimously approved by the Board of Directors of FLYHT based on the recommendation of the special committee and has been unanimously approved by the Board of Directors of Firan. Completion of the Transaction is not subject to any financing condition. The transaction is expected to close in the fourth quarter of 2024.
The Agreement includes customary provisions relating to deal-protection provisions, including a non-solicitation covenant on the part of FLYHT and a right for FTG to match any Superior Proposal (as defined in the Agreement). FLYHT has also agreed to pay a fee to FTG upon the termination of the Agreement in certain circumstances. Officers, directors and certain significant shareholders of FLYHT, holding in the aggregate FLYHT Shares representing in aggregate approximately 24% of the issued and outstanding FLYHT Shares, have entered into voting support agreements with FTG and have agreed to vote in favour of the Transaction at the Special Meeting. As on December 16, 2024, the transaction has been approved by the FLYHT shareholders and is expected to be completed on or about December 20, 2024.
Eric Moncik and Liam Churchill of Blake, Cassels & Graydon LLP acted as legal advisor to Firan. Chris Croteau of Tingle Merrett LLP acted as legal advisor to FLYHT. KSV Advisory Inc. acted as financial advisor and fairness opinion provider to the board of FLYHT. B. Riley Securities, Inc. acted as financial advisor to FLYHT.
Firan Technology Group Corporation (TSX:FTG) completed the acquisition of FLYHT Aerospace Solutions Ltd. (TSXV:FLY) from group of shareholders on December 20, 2024. As a result of the elections made by FLYHT shareholders, all holders of Common Shares who made an election will receive the following pro-ration: FLYHT shareholders who elected to receive the All-Cash Consideration will receive approximately CAD 0.3379 in cash and nil FTG Shares per Common Share; FLYHT shareholders who elected to receive the All-Share Consideration will receive approximately CAD 0.0588 in cash and 0.0409 FTG Shares per Common Share. The Common Shares of FLYHT are expected to be delisted from the TSX Venture Exchange on or about the close of trading on December 30, 2024. 공지 • Oct 22
Firan Technology Group Corporation (TSX:FTG) entered into a definitive arrangement agreement to acquire FLYHT Aerospace Solutions Ltd. (TSXV:FLY) for CAD 26.5 million. Firan Technology Group Corporation (TSX:FTG) entered into a definitive arrangement agreement to acquire FLYHT Aerospace Solutions Ltd. (TSXV:FLY) for CAD 26.5 million on October 21, 2024. Under the terms of the Transaction, FLYHT shareholders may elect to receive in exchange for each FLYHT Share, (i) CAD 0.1103 in cash and 0.0333 of a common share of FTG (each whole such share, an “FTG Share”), (ii) CAD 0.3379 in cash or (iii) 0.0495 FTG Shares, subject to pro-ration (collectively, the “Consideration”). The Consideration will be subject to a total maximum cash consideration of CAD 4.3 million and a total maximum share consideration of 1.3 million FTG Shares. The Consideration implies a price of CAD 0.3379 per FLYHT Share, representing a 41% premium to the closing price of the FLYHT Shares on the TSX Venture Exchange on October 21, 2024 and a 46% premium to the 10-day volume-weighted average price per Common Share for the period ended on October 21, 2024. Upon the completion of the Transaction, FLYHT will become a wholly owned subsidiary of FTG.
The Transaction is structured as an arrangement under the CanadaBusiness Corporations Act and will require the approval of 66 2/3% of the votes cast by FLYHT shareholders at a special meeting to be held to approve the Transaction (the “Special Meeting”). The Transaction is subject to receipt of FLYHT shareholder and court approvals, any required regulatory approvals and consents, and customary closing conditions and is expected to close by December 31, 2024. Completion of the Transaction is not subject to any financing condition. The Agreement includes customary provisions relating to deal-protection provisions, including a non-solicitation covenant on the part of FLYHT and a right for FTG to match any Superior Proposal (as defined in the Agreement). FLYHT has also agreed to pay a fee to FTG upon the termination of the Agreement in certain circumstances. Officers, directors and certain significant shareholders of FLYHT, holding in the aggregate FLYHT Shares representing in aggregate approximately 24% of the issued and outstanding FLYHT Shares, have entered into voting support agreements with FTG and have agreed to vote in favour of the Transaction at the Special Meeting. Reported Earnings • Oct 10
Third quarter 2024 earnings released: EPS: CA$0.12 (vs CA$0.055 in 3Q 2023) Third quarter 2024 results: EPS: CA$0.12 (up from CA$0.055 in 3Q 2023). Revenue: CA$43.1m (up 18% from 3Q 2023). Net income: CA$2.76m (up 109% from 3Q 2023). Profit margin: 6.4% (up from 3.6% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. 공지 • Oct 01
Firan Technology Group Corporation to Report Q3, 2024 Results on Oct 09, 2024 Firan Technology Group Corporation announced that they will report Q3, 2024 results Pre-Market on Oct 09, 2024 New Risk • Sep 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €89.1m (US$99.4m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company. Reported Earnings • Jul 11
Second quarter 2024 earnings released: EPS: CA$0.11 (vs CA$0.10 in 2Q 2023) Second quarter 2024 results: EPS: CA$0.11 (up from CA$0.10 in 2Q 2023). Revenue: CA$38.8m (up 14% from 2Q 2023). Net income: CA$2.55m (up 6.2% from 2Q 2023). Profit margin: 6.6% (down from 7.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.3% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. 공지 • Jul 04
Firan Technology Group Corporation to Report Q2, 2024 Results on Jul 10, 2024 Firan Technology Group Corporation announced that they will report Q2, 2024 results After-Market on Jul 10, 2024 공지 • Apr 13
Firan Technology Group Corporation Announces Cessation of David F. Masotti as Director Firan Technology Group Corporation at its AGM held on April 12, 2024 announced that as David F. Masotti did not receive a majority of the votes cast for his election, he was not elected as a director of the Corporation. However, as an incumbent director, in accordance with the Canada Business Corporations Act, Mr. Masotti is expected to continue in office until the earlier of (i) 90 days after April 12, 2024, and (ii) the day on which his successor is appointed. Reported Earnings • Apr 12
First quarter 2024 earnings released: EPS: CA$0.04 (vs CA$0.17 in 1Q 2023) First quarter 2024 results: EPS: CA$0.04 (down from CA$0.17 in 1Q 2023). Revenue: CA$35.0m (up 42% from 1Q 2023). Net income: CA$1.05m (down 74% from 1Q 2023). Profit margin: 3.0% (down from 17% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.4% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Electronic industry in Germany. 공지 • Apr 06
Firan Technology Group Corporation to Report Q1, 2024 Results on Apr 11, 2024 Firan Technology Group Corporation announced that they will report Q1, 2024 results After-Market on Apr 11, 2024 Valuation Update With 7 Day Price Move • Mar 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €4.00, the stock trades at a forward P/E ratio of 16x. Average forward P/E is 16x in the Electronic industry in Germany. 공지 • Jan 27
Firan Technology Group Corporation, Annual General Meeting, Apr 12, 2024 Firan Technology Group Corporation, Annual General Meeting, Apr 12, 2024.