American Aires (TSE:WIFI) has released an update.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
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.