Decelerating Revenue GrowthRevenue growth is expected to decelerate in 2026 and beyond due to more modest demand in the residential real estate market.
Market Position ChallengesThe company remains on the sidelines due to the pivot in promotional strategy, dilution, cash burn, and outlook.
Valuation ConcernsAIRE trades at an EV/revenue multiple of 10.7x our 2026E revenue vs. a peer group average of 2.5x.