FLYHT Aerospace Solutions Ltd (TSXV:FLY)

C$ 0.405 0.025 (6.58%) Market Cap: 15.79 Mil Enterprise Value: 21.97 Mil PE Ratio: 0 PB Ratio: 45.00 GF Score: 31/100

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Q2 2020 FLYHT Aerospace Solutions Ltd Earnings Call Transcript

Aug 06, 2020 / 01:00PM GMT

Release Date Price: C$0.485

Transcript

Operator

Thank you for standing by. This is the conference operator. Welcome to the FLYHT Aerospace Solutions Second Quarter Conference Call. (Operator Instructions) The conference is being recorded. (Operator Instructions)

I would now like to turn the conference over to Mr. Bill Tempany, Chief Executive Officer for FLYHT. Please go ahead, sir.

William T. Tempany

FLYHT Aerospace Solutions Ltd. - CEO & Director

Thank you very much for the introduction, and thanks, everybody, for dialing in this morning. It's been a very busy 60 days since I came back to FLYHT, and I think we've made some impressive progress in a lot of areas in the business. The financial statements for the second quarter, which Alana will go through in a few minutes here, I think, reflect the health of the business and the ability for us to withstand the COVID situation. It's been a focus since COVID arrived in the business to manage cash and reduce expenditures so that we are here for the long term.

As I said in my letter in the report, this company is 20 years old. We've been

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