American Aires (TSE:WIFI) has released an update.
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American Aires reported a record-breaking increase in order volume and sales for Q3 2024, driven by strategic partnerships with prominent athletes and leagues. The company’s gross profit margin improved to 63%, demonstrating the success of its marketing efforts. Despite an adjusted EBITDA loss, continued growth is anticipated as these partnerships further benefit the company’s expansion.
For further insights into TSE:WIFI stock, check out TipRanks’ Stock Analysis page.
