FLIGHT SOLUTIONS Inc. (3753) AI Stock Analysis

• Market Cap: ¥2.53B
• Dividend Yield: N/A
• Average Volume (3M): 176.95K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.84
• Revenue Growth: -4.53%
• EPS Growth: -247.19%
• Country: JP
• Employees: 111
• Sector: Technology
• Sector Strength: 84
• Industry: Information Technology Services
• EPS (TTM): -10.53
• Shares Outstanding: 11,756,500
• 10 Day Avg. Volume: 118,280
• 30 Day Avg. Volume: 176,953
• PEG Ratio: 0.00
• Price to Book (P/B): 8.95
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 6.09
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0

• Rating: 46 Neutral
• Price Target: ¥211.00 ▼(-1.86%Downside)

The overall stock score is primarily influenced by the company's weak financial performance, characterized by declining profitability and cash flow challenges, coupled with high leverage. Technical analysis provides mixed signals, with some bearish indicators, and valuation concerns with a negative P/E ratio further impact the score. The lack of earnings call and corporate events data means these factors did not influence the score.

FLIGHT SOLUTIONS Inc. Business Overview & Revenue Model

Company Description

FLIGHT SOLUTIONS Inc. (3753) is a leading provider of innovative aviation services, specializing in flight management software and aviation consulting. The company operates in the aerospace and technology sectors, delivering cutting-edge solutions that enhance operational efficiency, safety, and compliance for airlines and aviation service providers globally. Its core products include flight planning tools, aircraft performance optimization software, and regulatory compliance solutions.

How the Company Makes Money

FLIGHT SOLUTIONS Inc. generates revenue through a combination of software licensing, subscription services, and consulting fees. The company's flight management software is licensed to airlines and aviation service providers on a subscription basis, with clients paying recurring fees for access to the platform's features and updates. Additionally, FLIGHT SOLUTIONS Inc. offers bespoke consulting services to help clients optimize their operations and navigate regulatory requirements, which contributes to its revenue streams. Strategic partnerships with major airlines and aviation authorities further enhance its market presence and drive sales of its products and services.

FLIGHT SOLUTIONS Inc. Financial Statement Overview

Summary

FLIGHT SOLUTIONS Inc. faces significant financial challenges with declining revenue and profitability, negative EBIT and net income margins, high leverage, and cash flow instability. These issues suggest potential financial distress and a need for improved operational efficiency and cost management.

Income Statement

The income statement reveals a concerning trend for FLIGHT SOLUTIONS Inc. with declining revenue and profitability. The gross profit margin has consistently decreased over the years, dropping significantly from 27.7% in 2020 to 12.1% in 2025. The company has also struggled with negative EBIT and net income margins in recent periods, indicating operational inefficiencies and financial distress. The revenue growth rate has been negative in recent years, reflecting a challenging market environment or declining competitiveness.

Balance Sheet

The balance sheet shows mixed results with some strengths and weaknesses. The debt-to-equity ratio has been relatively high, indicating significant leverage, which could pose risks if not managed properly. Stockholders' equity has remained stable, but the equity ratio has decreased from 31.1% in 2020 to 33.4% in 2025. The company's return on equity has turned negative recently, reflecting challenges in generating profits from shareholders' investments.

Cash Flow

The cash flow statement highlights cash generation challenges with negative free cash flow in recent years. The operating cash flow has fluctuated, showing a downward trend from positive levels in 2020 to negative in 2025. The free cash flow to net income ratio is negative, indicating that the company is not generating sufficient cash to cover its expenses and investments. This situation poses liquidity risks.

Breakdown
TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement		Total Revenue
3.21B	3.06B	3.21B	3.01B	3.25B	3.40B
	Gross Profit
543.23M	369.71M	543.23M	768.05M	848.53M	362.58M
	EBIT
-103.70M	-279.63M	-103.70M	79.39M	157.84M	-269.71M
	EBITDA
-90.64M	-173.90M	-18.40M	91.41M	203.28M	-243.69M
	Net Income Common Stockholders
-105.76M	-382.69M	-105.76M	41.29M	114.06M	-282.77M
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
550.44M	453.61M	550.44M	788.14M	676.24M	375.72M
	Total Assets
1.66B	1.51B	1.66B	1.66B	1.79B	1.70B
	Total Debt
782.14M	665.29M	782.14M	784.93M	644.15M	858.62M
	Net Debt
231.70M	211.69M	231.70M	-3.21M	-32.08M	482.90M
	Total Liabilities
1.20B	1.01B	1.20B	1.09B	1.26B	1.27B
	Stockholders Equity
452.46M	503.91M	452.46M	569.44M	534.24M	428.66M
Cash Flow		Free Cash Flow
0.00	-142.62M	-235.45M	-16.78M	513.38M	-1.52B
	Operating Cash Flow
0.00	-75.63M	62.50M	110.86M	552.87M	-1.49B
	Investing Cash Flow
0.00	-349.33M	-297.94M	-127.63M	-39.49M	-35.11M
	Financing Cash Flow
0.00	331.63M	-2.79M	133.38M	-214.47M	326.92M

FLIGHT SOLUTIONS Inc. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 215.00
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:3753, the sentiment is Positive. The current price of 215 is above the 20-day moving average (MA) of 213.05, below the 50-day MA of 218.16, and above the 200-day MA of 201.13, indicating a neutral trend. The MACD of -4.21 indicates Negative momentum. The RSI at 49.54 is Neutral, neither overbought nor oversold. The STOCH value of 63.69 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for JP:3753.

FLIGHT SOLUTIONS Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
4421	74 Outperform	¥2.83B	11.33		2.59%	5.84%	7.76%
2323	74 Outperform	¥3.17B	33.48		―	81.31%	31.58%
4335	69 Neutral	¥3.09B	9.94		2.74%	11.74%	-9.04%
3970	62 Neutral	¥2.75B	40.48		3.90%	11.03%	-73.41%
Sector *	62 Neutral	$11.93B	10.60	-7.51%	3.00%	7.40%	-8.09%
5618	49 Neutral	¥3.01B	―		―	―	―
3753	46 Neutral	¥2.53B	―		―	-4.53%	-247.19%