Adacel Technologies Ltd (OTCPK:AELTF)
$ 0.3787 0 (0%) Market Cap: 25.29 Mil Enterprise Value: 35.03 Mil PE Ratio: 0 PB Ratio: 4.81 GF Score: 48/100

Half Year 2021 Adacel Technologies Ltd Earnings Call Transcript

Feb 18, 2021 / 10:30PM GMT
Release Date Price: $0.72 (-2.70%)
Operator

Thank you for standing by, and welcome to the Adacel Technologies Limited HY '21 Results Investor Teleconference. (Operator Instructions)

I would now like to hand the conference over to Mr. Daniel Verret, Chief Executive Officer. Please go ahead.

Daniel Verret
Adacel Technologies Limited - CEO

Thank you. Good morning, ladies and gentlemen, and thank you for joining us for Adacel's financial results call for the half year ended 31 December 2020. With the results of the first half, we are pleased with our progress both in terms of project execution and sales activity. Despite the challenges of operating during a global pandemic, we have continued to execute on our business plan.

Our large multiphase international ATM projects in Portugal and the French territory continue to move forward, while our North American programs with the FAA, the United States Air Force and the U.S. Army progressed largely unaffected by COVID-19. As for sales and business development, we continue to win some new business while maintaining and expanding our existing

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