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FLYHT Aerospace Solutions Full Year 2022 Earnings: Beats Expectations

FLYHT Aerospace Solutions (CVE:FLY) Full Year 2022 Results

Key Financial Results

  • Revenue: CA$23.9m (up 111% from FY 2021).

  • Net loss: CA$1.00m (loss narrowed by 83% from FY 2021).

  • CA$0.026 loss per share (improved from CA$0.19 loss in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

FLYHT Aerospace Solutions Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 50%.

The company's shares are up 30% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for FLYHT Aerospace Solutions (1 is concerning!) that we have uncovered.

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Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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