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FLYHT Aerospace Solutions

DB:5F8A
Snowflake Description

Mediocre balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
5F8A
DB
CA$27M
Market Cap
  1. Home
  2. DE
  3. Capital Goods
Company description

FLYHT Aerospace Solutions Ltd. provides real-time aircraft intelligence and cockpit communications for the aerospace industry. The last earnings update was 66 days ago. More info.


Add to Portfolio Compare Print
  • FLYHT Aerospace Solutions has significant price volatility in the past 3 months.
5F8A Share Price and Events
7 Day Returns
-5.9%
DB:5F8A
0.8%
Europe Aerospace & Defense
2.5%
DE Market
1 Year Returns
-4.2%
DB:5F8A
11.7%
Europe Aerospace & Defense
2.6%
DE Market
5F8A Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
FLYHT Aerospace Solutions (5F8A) -5.9% -18.1% -28.1% -4.2% -34.6% -72.6%
Europe Aerospace & Defense 0.8% -2.9% 0.9% 11.7% 67.1% 114.9%
DE Market 2.5% 0.2% 1% 2.6% 7.8% 23.7%
1 Year Return vs Industry and Market
  • 5F8A underperformed the Aerospace & Defense industry which returned 11.7% over the past year.
  • 5F8A underperformed the Market in Germany which returned 2.6% over the past year.
Price Volatility
5F8A
Industry
5yr Volatility vs Market

5F8A Value

 Is FLYHT Aerospace Solutions undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for FLYHT Aerospace Solutions. This is due to cash flow or dividend data being unavailable. The share price is €0.87.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for FLYHT Aerospace Solutions's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are FLYHT Aerospace Solutions's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:5F8A PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CAD CA$0.02
TSXV:FLY Share Price ** TSXV (2019-10-11) in CAD CA$1.25
Europe Aerospace & Defense Industry PE Ratio Median Figure of 36 Publicly-Listed Aerospace & Defense Companies 21.4x
Germany Market PE Ratio Median Figure of 417 Publicly-Listed Companies 19.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of FLYHT Aerospace Solutions.

DB:5F8A PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:FLY Share Price ÷ EPS (both in CAD)

= 1.25 ÷ 0.02

51.64x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FLYHT Aerospace Solutions is overvalued based on earnings compared to the Europe Aerospace & Defense industry average.
  • FLYHT Aerospace Solutions is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does FLYHT Aerospace Solutions's expected growth come at a high price?
Raw Data
DB:5F8A PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 51.64x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Aerospace & Defense Industry PEG Ratio Median Figure of 26 Publicly-Listed Aerospace & Defense Companies 1.59x
Germany Market PEG Ratio Median Figure of 264 Publicly-Listed Companies 1.38x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for FLYHT Aerospace Solutions, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on FLYHT Aerospace Solutions's assets?
Raw Data
DB:5F8A PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CAD CA$0.07
TSXV:FLY Share Price * TSXV (2019-10-11) in CAD CA$1.25
Europe Aerospace & Defense Industry PB Ratio Median Figure of 49 Publicly-Listed Aerospace & Defense Companies 1.96x
Germany Market PB Ratio Median Figure of 597 Publicly-Listed Companies 1.74x
DB:5F8A PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:FLY Share Price ÷ Book Value per Share (both in CAD)

= 1.25 ÷ 0.07

17.83x

* Primary Listing of FLYHT Aerospace Solutions.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • FLYHT Aerospace Solutions is overvalued based on assets compared to the Europe Aerospace & Defense industry average.
X
Value checks
We assess FLYHT Aerospace Solutions's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Aerospace & Defense industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Aerospace & Defense industry average (and greater than 0)? (1 check)
  5. FLYHT Aerospace Solutions has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

5F8A Future Performance

 How is FLYHT Aerospace Solutions expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as FLYHT Aerospace Solutions has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.2%
Expected Aerospace & Defense industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is FLYHT Aerospace Solutions expected to grow at an attractive rate?
  • Unable to compare FLYHT Aerospace Solutions's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare FLYHT Aerospace Solutions's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare FLYHT Aerospace Solutions's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:5F8A Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Aerospace & Defense Industry Earnings Growth Rate Market Cap Weighted Average 14.2%
Europe Aerospace & Defense Industry Revenue Growth Rate Market Cap Weighted Average 4.3%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:5F8A Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:5F8A Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2019-06-30 19 -2 1
2019-03-31 16 -2 -1
2018-12-31 14 -4 -2
2018-09-30 13 -3 -3
2018-06-30 13 -2 -2
2018-03-31 13 -2 -3
2017-12-31 14 0 -2
2017-09-30 14 1 -1
2017-06-30 15 -1 0
2017-03-31 16 1 3
2016-12-31 14 0 2
2016-09-30 14 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if FLYHT Aerospace Solutions is high growth as no earnings estimate data is available.
  • Unable to determine if FLYHT Aerospace Solutions is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:5F8A Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from FLYHT Aerospace Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5F8A Past Financials Data
Date (Data in CAD Millions) EPS *
2019-06-30 0.02
2019-03-31 -0.06
2018-12-31 -0.09
2018-09-30 -0.12
2018-06-30 -0.12
2018-03-31 -0.12
2017-12-31 -0.09
2017-09-30 -0.06
2017-06-30 -0.01
2017-03-31 0.15
2016-12-31 0.09
2016-09-30 0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if FLYHT Aerospace Solutions will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 5F8A’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. FLYHT Aerospace Solutions's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. FLYHT Aerospace Solutions's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess FLYHT Aerospace Solutions's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
FLYHT Aerospace Solutions has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

5F8A Past Performance

  How has FLYHT Aerospace Solutions performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare FLYHT Aerospace Solutions's growth in the last year to its industry (Aerospace & Defense).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • FLYHT Aerospace Solutions has delivered over 20% year on year earnings growth in the past 5 years.
  • FLYHT Aerospace Solutions has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • FLYHT Aerospace Solutions has become profitable in the last year making it difficult to compare the Europe Aerospace & Defense industry average.
Earnings and Revenue History
FLYHT Aerospace Solutions's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from FLYHT Aerospace Solutions Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:5F8A Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 18.82 0.51 11.77 2.92
2019-03-31 15.61 -1.18 10.33 2.60
2018-12-31 13.59 -1.97 9.07 2.63
2018-09-30 13.33 -2.54 7.83 2.94
2018-06-30 13.14 -2.43 7.50 3.00
2018-03-31 13.23 -2.54 8.05 2.70
2017-12-31 13.69 -1.84 8.11 2.52
2017-09-30 14.37 -1.32 8.34 2.15
2017-06-30 15.21 -0.26 8.21 2.24
2017-03-31 15.50 3.08 8.06 2.17
2016-12-31 14.33 1.71 7.99 2.60
2016-09-30 13.97 0.43 8.51 2.56
2016-06-30 12.44 -0.56 8.53 2.65
2016-03-31 10.50 -5.07 8.11 3.05
2015-12-31 10.46 -3.89 7.65 2.80
2015-09-30 8.91 -3.99 6.77 2.89
2015-06-30 8.20 -4.96 6.81 3.10
2015-03-31 8.10 -3.07 6.81 3.03
2014-12-31 6.88 -4.28 6.94 2.73
2014-09-30 6.60 -4.41 6.81 2.65
2014-06-30 6.97 -3.37 6.27 2.24
2014-03-31 7.63 -4.37 5.98 1.93
2013-12-31 8.00 -4.06 5.82 2.18
2013-09-30 8.28 -3.25 5.55 2.07
2013-06-30 7.65 -2.76 5.55 1.47
2013-03-31 7.07 -3.68 5.61 1.88
2012-12-31 6.47 -4.88 5.86 2.41

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst FLYHT Aerospace Solutions has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • FLYHT Aerospace Solutions used its assets more efficiently than the Europe Aerospace & Defense industry average last year based on Return on Assets.
  • It is difficult to establish if FLYHT Aerospace Solutions improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess FLYHT Aerospace Solutions's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Aerospace & Defense industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
FLYHT Aerospace Solutions has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

5F8A Health

 How is FLYHT Aerospace Solutions's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up FLYHT Aerospace Solutions's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • FLYHT Aerospace Solutions is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • FLYHT Aerospace Solutions's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of FLYHT Aerospace Solutions's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from FLYHT Aerospace Solutions Company Filings, last reported 3 months ago.

DB:5F8A Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 1.49 4.63 2.75
2019-03-31 0.24 4.81 3.13
2018-12-31 -0.03 4.55 2.63
2018-09-30 -0.72 4.51 2.47
2018-06-30 0.19 2.37 1.16
2018-03-31 0.81 2.23 1.01
2017-12-31 1.37 1.96 2.41
2017-09-30 1.59 1.49 2.87
2017-06-30 2.06 1.31 1.61
2017-03-31 2.22 1.18 1.84
2016-12-31 1.88 1.07 0.93
2016-09-30 1.78 4.23 4.27
2016-06-30 1.48 4.10 4.53
2016-03-31 -6.18 6.43 1.19
2015-12-31 -4.95 6.21 1.44
2015-09-30 -3.82 6.28 1.49
2015-06-30 -3.17 6.06 2.00
2015-03-31 -1.62 5.93 2.73
2014-12-31 -1.87 6.04 4.09
2014-09-30 -1.07 6.28 4.18
2014-06-30 0.48 6.02 6.26
2014-03-31 -2.19 5.90 6.11
2013-12-31 -2.27 5.74 5.33
2013-09-30 -6.95 5.89 0.37
2013-06-30 -6.40 5.59 0.81
2013-03-31 -5.80 3.51 0.14
2012-12-31 -4.87 3.38 0.78
  • FLYHT Aerospace Solutions's level of debt (310%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (1302.1% vs 310% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on FLYHT Aerospace Solutions's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess FLYHT Aerospace Solutions's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. FLYHT Aerospace Solutions has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

5F8A Dividends

 What is FLYHT Aerospace Solutions's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from FLYHT Aerospace Solutions dividends.
If you bought €2,000 of FLYHT Aerospace Solutions shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate FLYHT Aerospace Solutions's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate FLYHT Aerospace Solutions's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:5F8A Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Europe Aerospace & Defense Industry Average Dividend Yield Market Cap Weighted Average of 30 Stocks 1.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 337 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as FLYHT Aerospace Solutions has not reported any payouts.
  • Unable to verify if FLYHT Aerospace Solutions's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of FLYHT Aerospace Solutions's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as FLYHT Aerospace Solutions has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess FLYHT Aerospace Solutions's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can FLYHT Aerospace Solutions afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. FLYHT Aerospace Solutions has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

5F8A Management

 What is the CEO of FLYHT Aerospace Solutions's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tom Schmutz
COMPENSATION CA$437,623
AGE 57
TENURE AS CEO 4 years
CEO Bio

Mr. Thomas R. Schmutz, also Known as Tom, MEng, MBA has been the Chief Executive Officer of FLYHT Aerospace Solutions Ltd. since October 19, 2015. Mr. Schmutz has gained extensive experience in his 30 year career in senior leadership roles in the aerospace and telecommunications industries. He was employed at L-3 Communications Corporation in the Aviation Recorders division for nine years. He served as Vice President of Engineering with Airnet Communications Corporation since August 2001. Prior to, he served as Director of Engineering at Airnet Communications Corp. since 1995. He served as Principal Investigator of Advanced Digital Signal Processing and Lead Engineer at Harris Corporation. Mr. Schmutz is a decorated U.S. Army Captain with extensive exposure to cross-cultural dynamics and international business practices in India, Asia, Europe, South and North America. He holds thirteen U.S. patents in the wireless technology field. Mr. Schmutz holds a M.S. in Engineering from the Georgia Institute of Technology, B.S. from the United States Military Academy and MBA from the University of South Florida, Tampa.

CEO Compensation
  • Tom's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Tom's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure of the FLYHT Aerospace Solutions management team in years:

3.4
Average Tenure
  • The tenure for the FLYHT Aerospace Solutions management team is about average.
Management Team

Tom Schmutz

TITLE
Chief Executive Officer
COMPENSATION
CA$438K
AGE
57
TENURE
4 yrs

Alana Forbes

TITLE
Chief Financial Officer
COMPENSATION
CA$177K
TENURE
1.6 yrs

Mat Plamondon

TITLE
Chief Operating Officer
COMPENSATION
CA$193K
TENURE
3.4 yrs

Derek Graham

TITLE
Chief Technical Officer
COMPENSATION
CA$242K
TENURE
5.7 yrs

Jacob Venter

TITLE
Account Manager
TENURE
0.8 yrs

Jeff Rex

TITLE
Vice President of Sales & Marketing
TENURE
0.9 yrs

Derek Taylor

TITLE
Sales Director
COMPENSATION
CA$187K
TENURE
17.1 yrs
Board of Directors Tenure

Average tenure and age of the FLYHT Aerospace Solutions board of directors in years:

4.8
Average Tenure
72
Average Age
  • The tenure for the FLYHT Aerospace Solutions board of directors is about average.
Board of Directors

Bill Tempany

TITLE
Chairman of the Board
COMPENSATION
CA$40K
TENURE
4 yrs

Doug Marlin

TITLE
Vice Chairman
COMPENSATION
CA$34K
AGE
71

Paul Takalo

TITLE
Director
COMPENSATION
CA$27K
TENURE
11.4 yrs

Mike Brown

TITLE
Director
COMPENSATION
CA$29K
TENURE
16.7 yrs

Jack Olcott

TITLE
Director
COMPENSATION
CA$28K
TENURE
11.4 yrs

Barry Eccleston

TITLE
Director
COMPENSATION
CA$28K
AGE
72
TENURE
5.2 yrs

Mark Rosenker

TITLE
Director
COMPENSATION
CA$30K
AGE
72
TENURE
4.3 yrs

Nina Jonsson

TITLE
Director
TENURE
0.8 yrs

Mary McMillan

TITLE
Director
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
20. Dec 18 Buy Alana Forbes Individual 18. Dec 18 19. Dec 18 950 €0.66 €624
18. Dec 18 Buy Thomas Schmutz Individual 13. Dec 18 17. Dec 18 25,000 €0.66 €16,478
X
Management checks
We assess FLYHT Aerospace Solutions's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. FLYHT Aerospace Solutions has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

5F8A News

Simply Wall St News

5F8A Company Info

Description

FLYHT Aerospace Solutions Ltd. provides real-time aircraft intelligence and cockpit communications for the aerospace industry. It offers AFIRS and UpTime, an automated flight information reporting system (AFIRS) that capture and monitor functions from the aircraft and the black box, and voice and text messaging services; and FLYHTStream, a technology that performs real-time triggered alerting and black-box data streaming in the event of an abnormal situation in aircraft. The company also offers FLYHTFuel, a program that focuses on areas of savings potential to provide information necessary to make decisions about the operation; and FLYHTASD, an aircraft situational display that shows the aircraft position reports. In addition, it provides FLYHTHealth that consists of automated engine trend reporting and real-time engine and airframe exceedance monitoring and remote, and real-time diagnostics; FLYHTLog, which enables operators to monitor the status of their aircraft and have detailed out, off, on, and in time information; FLYHTMail, a two-way text messaging system to the flight deck is established through the multi-control display unit or an iPad application; FLYHTVoice, an onboard satellite phone; and underfloor stowage unit that offers the flight crew additional stowage space in the cockpit. Further, it offers FLYHTWeather, including Flight Link, an Iridium enabled satellite communication terminal; TAMDAR, a sensor installed on aircraft that captures temperature, pressure, winds aloft, icing, turbulence, and relative humidity; and AirMap that enhances the FLYHTLog and FLYHTASD products. The company serves in Africa, the Middle East, Europe, Australasia, and Asia, as well as North, South, and Central America. The company was formerly known as AeroMechanical Services Ltd. and changed its name to FLYHT Aerospace Solutions Ltd. in May 2012. FLYHT Aerospace Solutions Ltd. was founded in 1998 and is headquartered in Calgary, Canada.

Details
Name: FLYHT Aerospace Solutions Ltd.
5F8A
Exchange: DB
Founded: 1998
CA$18,309,197
21,319,108
Website: http://www.flyht.com
Address: FLYHT Aerospace Solutions Ltd.
300E, 1144 - 29 Avenue NE,
Calgary,
Alberta, T2E 7P1,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV FLY Common Shares TSX Venture Exchange CA CAD 17. Feb 2003
OTCPK FLYL.F Common Shares Pink Sheets LLC US USD 17. Feb 2003
DB 5F8A Common Shares Deutsche Boerse AG DE EUR 17. Feb 2003
Number of employees
Current staff
Staff numbers
0
FLYHT Aerospace Solutions employees.
Industry
Aerospace and Defense
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/10/12 22:30
End of day share price update: 2019/10/11 00:00
Last earnings filing: 2019/08/07
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.