FLYHT Aerospace Solutions Ltd (OTCPK:FLYLF)
$ 0.22 -0.0239 (-9.8%) Market Cap: 9.36 Mil Enterprise Value: 16.21 Mil PE Ratio: 0 PB Ratio: 0 GF Score: 22/100

Q2 2020 FLYHT Aerospace Solutions Ltd Earnings Call Transcript

Aug 06, 2020 / 01:00PM GMT
Release Date Price: $0.3699 (-0.01%)
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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