Full Year 2020 Adacel Technologies Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Adacel Full Year 2020 Final Results Conference Call. (Operator Instructions)
I would now like to hand the conference over to Michael McConnell, Chairman. Please go ahead.
Thank you. Welcome, and good morning, everybody. On behalf of our employees, the executive management and the Board, we're gratified to report our financial results for fiscal year 2020 and, as importantly, share with you our guidance for fiscal year 2021.
A little over a year ago, we completed a comprehensive review of all aspects of the business. You will recall that we identified opportunities for improvement in a number of areas, including, but not limited to, our approach in tower control systems product, our forecasting methodology, our suite of products and services and the implementation of fundamental business disciplines to drive operating efficiency. The team rolled up its sleeves and got to work. The result of that effort is a
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