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 2022 Adacel Technologies Ltd Earnings Call Transcript

Feb 23, 2022 / 10:30PM GMT
Release Date Price: $0.7501 (-5.05%)
Operator

Thank you for standing by, and welcome to the Adacel Technologies Half Year 2022 Results Conference Call. (Operator Instructions) I would like to now hand you over to Daniel Verret, CEO. Thanks, Daniel.

Daniel Verret
Adacel Technologies Limited - CEO

Thank you, Lisa. Good morning, ladies and gentlemen, and thank you for joining us today. I'm joined by Michael Saunders, our Vice President of Business Development.

With the results announced today, we are pleased with our progress, both in terms of project execution and sales activity. Despite the challenges posed by COVID-19 and the recent Omicron variant, our results are tracking to original plan given the timing of certain projects. During the first half, we continued to make progress on our large multi-phase international ATM projects in the French territories, where we recently completed site acceptance testing. We now expect to complete the Guadeloupe project by the end of FY 2022.

In North America, our programs with the FAA and the United States Air Force progress largely unaffected by

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