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FLYHT Aerospace Solutions TSXV:FLY Stock Report

Last Price

CA$0.57

Market Cap

CA$21.4m

7D

-3.4%

1Y

-42.4%

Updated

24 Apr, 2024

Data

Company Financials +

FLYHT Aerospace Solutions Ltd.

TSXV:FLY Stock Report

Market Cap: CA$21.4m

FLYHT Aerospace Solutions Ltd. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for FLYHT Aerospace Solutions
Historical stock prices
Current Share PriceCA$0.57
52 Week HighCA$1.03
52 Week LowCA$0.46
Beta1.29
1 Month Change-3.39%
3 Month Change7.55%
1 Year Change-42.42%
3 Year Change-10.94%
5 Year Change-61.22%
Change since IPO-43.00%

Recent News & Updates

Recent updates

FLYHT Aerospace Solutions (CVE:FLY) Is Making Moderate Use Of Debt

Jul 30
FLYHT Aerospace Solutions (CVE:FLY) Is Making Moderate Use Of Debt

FLYHT Aerospace Solutions Ltd. (CVE:FLY) Might Not Be As Mispriced As It Looks

Apr 17
FLYHT Aerospace Solutions Ltd. (CVE:FLY) Might Not Be As Mispriced As It Looks

Is FLYHT Aerospace Solutions (CVE:FLY) A Risky Investment?

Feb 23
Is FLYHT Aerospace Solutions (CVE:FLY) A Risky Investment?

Would FLYHT Aerospace Solutions (CVE:FLY) Be Better Off With Less Debt?

Nov 07
Would FLYHT Aerospace Solutions (CVE:FLY) Be Better Off With Less Debt?

Does FLYHT Aerospace Solutions (CVE:FLY) Have A Healthy Balance Sheet?

Jul 24
Does FLYHT Aerospace Solutions (CVE:FLY) Have A Healthy Balance Sheet?

Is FLYHT Aerospace Solutions (CVE:FLY) Using Debt Sensibly?

Nov 26
Is FLYHT Aerospace Solutions (CVE:FLY) Using Debt Sensibly?

We Think FLYHT Aerospace Solutions (CVE:FLY) Has A Fair Chunk Of Debt

Aug 05
We Think FLYHT Aerospace Solutions (CVE:FLY) Has A Fair Chunk Of Debt

Auditors Have Doubts About FLYHT Aerospace Solutions (CVE:FLY)

Apr 12
Auditors Have Doubts About FLYHT Aerospace Solutions (CVE:FLY)

Is FLYHT Aerospace Solutions (CVE:FLY) Using Too Much Debt?

Feb 25
Is FLYHT Aerospace Solutions (CVE:FLY) Using Too Much Debt?

Market Sentiment Around Loss-Making FLYHT Aerospace Solutions Ltd. (CVE:FLY)

Jan 04
Market Sentiment Around Loss-Making FLYHT Aerospace Solutions Ltd. (CVE:FLY)

Shareholder Returns

FLYCA Aerospace & DefenseCA Market
7D-3.4%0.8%0.7%
1Y-42.4%-2.4%5.5%

Return vs Industry: FLY underperformed the Canadian Aerospace & Defense industry which returned -2.7% over the past year.

Return vs Market: FLY underperformed the Canadian Market which returned 6.1% over the past year.

Price Volatility

Is FLY's price volatile compared to industry and market?
FLY volatility
FLY Average Weekly Movement12.7%
Aerospace & Defense Industry Average Movement7.4%
Market Average Movement9.1%
10% most volatile stocks in CA Market18.2%
10% least volatile stocks in CA Market3.0%

Stable Share Price: FLY has not had significant price volatility in the past 3 months.

Volatility Over Time: FLY's weekly volatility (13%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1998n/aKent Jacobswww.flyht.com

FLYHT Aerospace Solutions Ltd. provides real-time communications with aircrafts for the aerospace industry. It offers AFIRS, an automated flight information reporting system that is an aircraft satcom/interface device, which enables cockpit voice communications, real-time aircraft state analysis, and the transmission of aircraft data while inflight; TAMDAR, a tropospheric airborne meteorological data reporting system that deliver airborne weather and humidity data in real-time; FLYHT-WVSS-II, a mounted aircraft sensor that detects and reports water vapour; AFIRS Edge, provides AID functions to supply aircraft’s data to the flight deck for EFB applications; FleetWatch, offers configurable fleet situational awareness platform; FuelSense, provides insight to an airline’s management and usage of fuel; and ClearPort, a clear view into the status of an aircraft. The company also provides two-way text messaging to the flight deck through the multi-control display unit (MCDU) or an iPad application; AFIRS voice, a private satcom communication channel to the flight deck.

FLYHT Aerospace Solutions Ltd. Fundamentals Summary

How do FLYHT Aerospace Solutions's earnings and revenue compare to its market cap?
FLY fundamental statistics
Market capCA$21.45m
Earnings (TTM)-CA$1.84m
Revenue (TTM)CA$23.14m

1.0x

P/S Ratio

-12.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLY income statement (TTM)
RevenueCA$23.14m
Cost of RevenueCA$8.37m
Gross ProfitCA$14.77m
Other ExpensesCA$16.61m
Earnings-CA$1.84m

Last Reported Earnings

Sep 30, 2023

Next Earnings Date

Apr 25, 2024

Earnings per share (EPS)-0.047
Gross Margin63.84%
Net Profit Margin-7.93%
Debt/Equity Ratio183.5%

How did FLY perform over the long term?

See historical performance and comparison
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