FLYHT Aerospace Solutions — Investor Presentation (June 2024)
16 slides from FLYHT Aerospace Solutions's investor presentation, June 2024
Slide 1: June 2024 Vision and Mission
June 2024 VISION: TO BE A GLOBAL FORCE IN INNOVATIVE DATA SOLUTIONS MISSION: LEAVE NO DATA STRANDED; LEAVE NO ACTION INCOMPLETE
Slide 2: Disclaimers: Forward Looking Statements
DISCLAIMERS FORWARD LOOKING STATEMENTS This discussion includes certain statements that may be deemed Government activities, volatility of the aviation market for the “forward-looking statements” that are subject to risks and Company’s products and services, factors that result in significant uncert
Slide 3: Providing Actionable Intelligence to Aviation Industry and Weather Community
Providing Actionable Intelligence to Aviation Industry and Weather Community FLYHT is leveraging 25 years of intellectual property and data experience coupled with cloud‐based technology to >100* STCs received address the aviation industry and weather community needs >4,300 FLYHT is well into a tran
Slide 4: Macro Trends Serving as Major Tailwinds for FLYHT
Macro Trends Serving as Major Tailwinds for FLYHT Technology Obsolescence Real-Time Intelligence Weather, Climate & Environment 2G/3G and LTE networks sunsetting Need for real-time data and analysis Need for new solutions to provide around the world creates need for to support decision making and go
Slide 5: Pursuing Large Addressable Markets in Aviation and Weather
Pursuing Large Addressable Markets in Aviation and Weather 5G Aviation Hardware Actionable Intelligence Software Weather Intelligence $750M $3B $600M Total Addressable Total Addressable Total Addressable Market Market Market Meteorological 25,000 aircraft 25,000 aircraft Agencies: OEM $30,000 per ai
Slide 6: Key Products: Avionics Operations Solutions
Key Products: Avionics Operations Solutions FLYHT provides airlines with Actionable Intelligence to transform operational insight into immediate, quantifiable action, and delivers industry leading solutions to improve aviation safety, efficiency, and profitability AFIRS 228 AFIRSTM 228 Satcom: Estab
Slide 7: Key Products: Weather Solutions for Meteorological Agencies and Airlines
Key Products: Weather Solutions for Meteorological Agencies and Airlines The FLYHT-WVSS-II, FLYHT’s patented technology, detects Landmark Collaboration with UK and reports water vapour as relative humidity Met and Loganair Installation of sensors and AFIRS Edge on Loganair’s Embraer fleet; valued at
Slide 8: Key Products: MRO Data Resources
Key Products: MRO (Maintenance, Repair, Overhaul) Data Resources Experts in AMOS, the leading aviation MRO software AMOS Support A FLYHT Company Business Intelligence By leveraging CrossConsense’s managed data warehouse, FLYHT is able to Managed data warehouse offer sophisticated solutions for busin
Slide 9: Significant Barriers to Entry
Significant Barriers to Entry >100 obtained STCs STC growth strategy: FLYHT plans to continue to add to collection of STCs for new and existing products TCCA FAA EASA CAAC ANAC Canada USA EU China Brazil Aircraft Type Schedule for Committed STCs 220 228 220 228 220 228 220 228 220 228 A A A A A A A
Slide 10: Expanding Base of Long-term Global Customers
Expanding Base of Long-term Global Customers FLYHT serves ~115 customers from >38 countries leveraging its broad portfolio of products 95% Retention Rate ▪ FLYHT is expanding its customer base globally, serving OEMs to full-service airlines to ultra low- cost carriers to national meteorological agen
Slide 11: Significant Potential for AFIRS Edge & Weather Products
Significant Potential for AFIRS Edge & Weather Products SaaS Revenue Growth to 10% of TAM Annual AFIRS Edge & Weather products SaaS potential ▪ 2,450 cumulative installs from 2024 to 2028 would represent 10% market share ▪ Range from $6,000 to $8,400 SaaS per airframe per year Total SaaS during this
Slide 12: Long-Term Track Record of Growing SaaS Revenue
Long-Term Track Record of Growing SaaS Revenue Growth of recurring software revenue Decimation in air travel demand supports high gross margins caused by Covid-19 pandemic $5.3M 56% $4.8M SaaS as Percent of $3.8M LTM Revenue Hardware, Licensing, $2.7M $2.8M Technical Services ~60% SaaS $1.2M Gross M
Slide 13: Roadmap for Accelerated Growth
Roadmap for Accelerated Growth FLYHT has developed a tangible strategy to drive significant near-term growth and is executing on current strategic and operational initiatives 3-year $20.2M Revenue Continue to Develop Achieve Line Fit Hardware Sales FLYHT’s Strategic Innovative for OEMs for Drives So
Slide 14: Investment Highlights
Investment Highlights MACRO TRENDS • Positioned to provide cutting edge technology and real-time intelligence to take advantage of strong tailwinds CREATE MAJOR • Serves customers in established industries, with significant growth expected in targeted markets TAILWINDS • Initiated technology and cus
Slide 15: Experienced Leadership Team That Understands Aviation Industry Needs
Experienced Leadership Team That Understands Aviation Industry Needs Board of Directors Management Mary I. McMillan Executive Chairman Kent Jacobs Alana Forbes President & Interim CEO Chief Financial Officer Brent Paul Doug Mike Rosenthal Takalo Marlin Brown Darrel Deane Gurjot Bhullar VP Solutions
Slide 16: Thank you
Thank you Kent Jacobs, President & Interim CEO 403.444.7710 / kjacobs@flyht.com Alana Forbes, CFO 403.291.7437 / aforbes@flyht.com Matt Chesler, CFA, IR 646.809.2183 / mchesler@flyht.com
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