company background image
FLY logo

FLYHT Aerospace Solutions TSXV:FLY Stock Report

Last Price

CA$0.36

Market Cap

CA$14.0m

7D

10.8%

1Y

-58.1%

Updated

07 Jul, 2024

Data

Company Financials +

FLYHT Aerospace Solutions Ltd.

TSXV:FLY Stock Report

Market Cap: CA$14.0m

FLY Stock Overview

Provides real-time communications with aircrafts for the aerospace industry.

FLY fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

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$0.36
52 Week HighCA$0.94
52 Week LowCA$0.33
Beta1.37
11 Month Change-7.69%
3 Month Change-36.84%
1 Year Change-58.14%
33 Year Change-51.35%
5 Year Change-79.43%
Change since IPO-64.00%

Recent News & Updates

Shareholders Will Likely Find FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) CEO Compensation Acceptable

Jun 13
Shareholders Will Likely Find FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) CEO Compensation Acceptable

FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) Prospects Need A Boost To Lift Shares

Apr 28
FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) Prospects Need A Boost To Lift Shares

Recent updates

Shareholders Will Likely Find FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) CEO Compensation Acceptable

Jun 13
Shareholders Will Likely Find FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) CEO Compensation Acceptable

FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) Prospects Need A Boost To Lift Shares

Apr 28
FLYHT Aerospace Solutions Ltd.'s (CVE:FLY) Prospects Need A Boost To Lift Shares

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
7D10.8%-0.4%0.8%
1Y-58.1%-3.3%10.7%

Return vs Industry: FLY underperformed the Canadian Aerospace & Defense industry which returned -3.3% over the past year.

Return vs Market: FLY underperformed the Canadian Market which returned 10.7% over the past year.

Price Volatility

Is FLY's price volatile compared to industry and market?
FLY volatility
FLY Average Weekly Movement10.3%
Aerospace & Defense Industry Average Movement5.7%
Market Average Movement7.9%
10% most volatile stocks in CA Market16.7%
10% least volatile stocks in CA Market3.0%

Stable Share Price: FLY's share price has been volatile over the past 3 months.

Volatility Over Time: FLY's weekly volatility (10%) 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. The company 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. It 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$14.04m
Earnings (TTM)-CA$3.19m
Revenue (TTM)CA$20.18m

0.7x

P/S Ratio

-4.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
FLY income statement (TTM)
RevenueCA$20.18m
Cost of RevenueCA$7.79m
Gross ProfitCA$12.38m
Other ExpensesCA$15.57m
Earnings-CA$3.19m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.082
Gross Margin61.37%
Net Profit Margin-15.79%
Debt/Equity Ratio1,548.7%

How did FLY perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.