AEM business continues to grow and increase revenues and EBITDA which further growth expected moving forward. It sounds like the AEM business has outgrown its current facilities hence the reason for the move next year to a much larger facility that will allow and aid the continued growth of the business.
The slight delay regarding the STC approval is not a surprise nor is it a big deal in the grand scheme of things. Do not forget that throughout this whole worldwide COVID disruption the STC approval has only be delayed by 1 quarter and its only due to the FAA requesting that an evaluation of the data variance between DE and Sandia Labs be conducted. Not a big deal and the more important part is that all parties including the FAA continue to push full steam ahead with the approval process.
In my opinion this was a great quarterly that shows continued growth in the AEM business and that STC approval is still full steam ahead and due for approval Q1 next year.
AEM business continues to grow and increase revenues and EBITDA...
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Last
37.5¢ |
Change
0.020(5.63%) |
Mkt cap ! $51.30M | |||
| Open | High | Low | Value | Volume |
| 36.0¢ | 39.0¢ | 36.0¢ | $21.70K | 57.18K |
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| No. | Vol. | Price($) |
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| 1 | 9999 | 37.5¢ |
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| Price($) | Vol. | No. |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
38.5¢ |
Change
0.020 ( 8.45 %) |
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| Last updated 14.49pm 03/05/2024 ? | |||||
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