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FLYHT Aerospace Solutions Full Year 2023 Earnings: Misses Expectations

FLYHT Aerospace Solutions (CVE:FLY) Full Year 2023 Results

Key Financial Results

  • Revenue: CA$20.1m (down 16% from FY 2022).

  • Net loss: CA$4.05m (loss widened by 304% from FY 2022).

  • CA$0.10 loss per share (further deteriorated from CA$0.026 loss in FY 2022).

earnings-and-revenue-history
earnings-and-revenue-history

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

FLYHT Aerospace Solutions Revenues and Earnings Miss Expectations

Revenue missed analyst estimates by 4.6%. Earnings per share (EPS) also missed analyst estimates by 25%.

The company's shares are down 5.4% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 3 warning signs for FLYHT Aerospace Solutions (1 makes us a bit uncomfortable!) that you should be aware of.

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.