Aimia Inc. (AIM) AI Stock Analysis

• Market Cap: C$264.15M
• Dividend Yield: N/A
• Average Volume (3M): 74.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.75
• Revenue Growth: 12.18%
• EPS Growth: 93.30%
• Country: CA
• Employees: 18
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Asset Management
• EPS (TTM): -0.08
• Shares Outstanding: 90,771,680
• 10 Day Avg. Volume: 48,861
• 30 Day Avg. Volume: 74,278
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• 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: Hold
• Number of Analyst Covering: 0

• Rating: 57 Neutral
• Price Target: C$3.00 ▲(2.04% Upside)

Aimia Inc.'s overall stock score reflects its financial resilience and strategic advancements, particularly highlighted in the earnings call. However, profitability and liquidity challenges, along with a negative P/E ratio, weigh down the score. The technical analysis suggests a neutral trend, contributing moderately to the score.

Positive Factors

Revenue and Profit Growth

The consistent increase in revenue and gross profit indicates a strengthening market position and effective business strategies, supporting long-term growth.

SG&A Cost Reduction

Significant reduction in SG&A expenses enhances profitability, indicating efficient cost management that can sustain margins over time.

Share Buyback Program

The continuation of the share buyback program reflects confidence in the company's financial health and can enhance shareholder value over the long term.

Negative Factors

Bozzetto Revenue Decline

The decline in Bozzetto's revenue suggests challenges in maintaining market share, which could impact overall revenue stability if not addressed.

Cash Position Decline

A declining cash position may limit the company's ability to invest in growth opportunities and manage unexpected expenses, affecting liquidity.

Profitability Challenges

Persistent profitability issues indicate underlying operational inefficiencies, which could hinder long-term financial performance if not resolved.

Aimia Inc. Business Overview & Revenue Model

Company Description

Aimia Inc. focuses on long-term investments in public and private companies. It operates through two segments, Holdings and Investment Management. The company, through its subsidiary, Mittleman Investment Management, LLC, provides discretionary portfolio management services to institutional investors and high-net-worth individuals. The company, through its long-term investments, owns and operates Club Premier, a coalition loyalty program, as well as invests in B2B technology company, and outdoor advertising firm. It also operates a B2B cross-border automotive trading platform, as well as an investment advisory business. The company was formerly known as Groupe Aeroplan Inc. and changed its name to Aimia Inc. in October 2011. Aimia Inc. was incorporated in 2008 and is headquartered in Toronto, Canada.

How the Company Makes Money

Aimia generates revenue through several key streams, primarily by offering loyalty program management services and analytics solutions to businesses. The company earns fees from clients for developing and managing loyalty programs, which may include technology platforms, customer engagement strategies, and data analytics services. Additionally, Aimia monetizes its data insights by providing businesses with detailed analytics that help them understand customer behavior and optimize their marketing efforts. Significant partnerships with various brands and organizations enhance Aimia's offerings and expand its market reach, contributing to its overall earnings.

Aimia Inc. Financial Statement Overview

Summary

Aimia Inc. shows financial resilience with a strong equity position and no debt, but faces profitability and liquidity challenges. Revenue growth is volatile, and the company needs to address negative profit margins and improve cash flows for a better financial outlook.

Income Statement

Aimia Inc. shows inconsistent revenue growth with a recent increase from $207.7M to $495.5M, indicating volatility. The gross profit margin remains positive, but EBIT and net profit margins are negative, reflecting ongoing operational challenges and losses.

Balance Sheet

The balance sheet is relatively strong with no total debt, resulting in a favorable debt-to-equity ratio. However, stockholders' equity has declined. The equity ratio is robust, suggesting reliance on equity financing rather than debt.

Cash Flow

Cash flow from operations has improved, but free cash flow remains negative. The cash flow situation suggests Aimia Inc. is still facing liquidity challenges, although there is some recovery in operating cash flows.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	507.30M	500.80M	207.70M	479.40M	13.40M	14.30M
Gross Profit	216.80M	132.00M	-17.60M	467.40M	-3.80M	3.00M
EBITDA	-4.20M	30.00M	-126.40M	462.00M	-11.40M	0.00
Net Income	-53.50M	-56.40M	-188.00M	440.10M	-16.40M	-4.10M
Balance Sheet
Total Assets	878.60M	900.40M	963.60M	804.00M	431.00M	444.20M
Cash, Cash Equivalents and Short-Term Investments	50.50M	95.50M	137.30M	505.30M	34.80M	146.10M
Total Debt	305.20M	168.80M	177.90M	0.00	0.00	0.00
Total Liabilities	512.20M	371.80M	380.50M	27.10M	27.00M	3.50M
Stockholders Equity	338.40M	499.70M	568.60M	776.90M	404.00M	431.30M
Cash Flow
Free Cash Flow	26.90M	-11.20M	-23.50M	-17.70M	21.40M	-32.00M
Operating Cash Flow	43.10M	2.10M	-12.00M	-17.70M	21.40M	-32.00M
Investing Cash Flow	-5.80M	38.10M	-460.10M	526.00M	-118.90M	108.80M
Financing Cash Flow	-80.80M	-57.80M	85.10M	-49.10M	-12.60M	-28.20M

Aimia Inc. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2.94
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AIM, the sentiment is Negative. The current price of 2.94 is below the 20-day moving average (MA) of 3.07, below the 50-day MA of 3.15, and above the 200-day MA of 2.79, indicating a neutral trend. The MACD of -0.07 indicates Positive momentum. The RSI at 26.96 is Positive, neither overbought nor oversold. The STOCH value of 13.49 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AIM.

Aimia Inc. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AGF.B	―	C$903.64M	8.04	9.85%	3.50%	11.23%	30.44%
CVG	―	C$1.02B	8.50	9.77%	0.14%	132.11%	5511.22%
SEC	―	C$899.11M	5.28	9.91%	―	14.62%	―
GCG	―	C$1.64B	10.60	11.80%	2.72%	96.56%	158.06%
FSZ	―	C$645.07M	17.12	13.48%	10.24%	-1.64%	-40.68%
Sector *	―	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%
AIM	―	C$264.15M	―	0.07%	―	12.18%	93.30%

Aimia Inc. Corporate Events

Aimia Inc. Updates on September Share Buybacks

Aimia Inc. announced that it repurchased and canceled 185,700 of its common shares in September 2025 under its normal course issuer bid program, representing 0.2% of its outstanding shares. This initiative is part of Aimia’s strategy to enhance shareholder value and address the discount of its share price relative to its intrinsic value. The company has repurchased 1,508,300 shares, or 25.5% of the allowable shares, under the current NCIB program. Aimia believes that share repurchases are a desirable use of funds, aligning with its strategic direction and capital allocation priorities.

The most recent analyst rating on (TSE:AIM) stock is a Hold with a C$3.50 price target. To see the full list of analyst forecasts on Aimia Inc. stock, see the TSE:AIM Stock Forecast page.

Aimia Inc. Updates on August Share Buybacks

Aimia Inc. announced the repurchase and cancellation of 107,600 common shares in August 2025 as part of its normal course issuer bid program, representing 0.1% of its outstanding shares. The initiative is part of Aimia’s strategy to enhance shareholder value by reducing the discount of its share price relative to its net asset value. Since the start of the share buyback initiative in June 2024, Aimia has repurchased over 7.4 million shares, and the current program allows for the purchase of up to 5.9 million shares through June 2026. This move reflects Aimia’s belief that its share price may not always reflect its intrinsic value and represents a strategic use of funds while maintaining financial flexibility.

The most recent analyst rating on (TSE:AIM) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Aimia Inc. stock, see the TSE:AIM Stock Forecast page.

Aimia Inc. Receives $29.3 Million Tax Refund to Bolster Strategic Initiatives

Aimia Inc. announced it has received a $29.3 million tax refund from the Canada Revenue Agency, following a settlement related to a 2013 income tax audit of its former subsidiary, Aeroplan Inc. The company plans to use the refund to support its 2025-2026 normal course issuer bid and for general investment purposes, while also anticipating an additional $6 million refund from Revenu Québec. This financial boost is expected to aid Aimia in its strategic initiatives and enhance shareholder value.

The most recent analyst rating on (TSE:AIM) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Aimia Inc. stock, see the TSE:AIM Stock Forecast page.

Aimia Inc. Earnings Call: Growth Amid Challenges

Aimia Inc.’s recent earnings call struck a balanced tone, highlighting significant achievements in revenue and profit growth, strategic initiatives, and cost reductions, while also acknowledging some ongoing challenges. The company reported substantial progress, particularly with its share buyback program and tax settlement, but faced hurdles such as a decline in Bozzetto’s revenue on a constant currency basis and a reduced cash position. Overall, Aimia Inc. appears to be on a solid path forward with a cautiously optimistic outlook despite some economic uncertainties.

Aimia Inc. Declares Quarterly Preferred Share Dividends

Aimia Inc. has declared quarterly dividends on its preferred shares, with specific amounts set for Series 1, Series 3, and Series 4 shares. These dividends, payable on September 30, 2025, are classified as ‘eligible dividends’ for Canadian tax purposes. This announcement reflects Aimia’s ongoing commitment to providing shareholder value and maintaining its financial strategies.

The most recent analyst rating on (TSE:AIM) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Aimia Inc. stock, see the TSE:AIM Stock Forecast page.

Aimia Inc. Reports Strong Q2 2025 Results and Strategic Progress

Aimia Inc. reported a 5.1% increase in revenue for Q2 2025, driven by foreign currency fluctuations and strong demand for its products. The company achieved a 60% rise in Adjusted EBITDA and reduced HoldCo costs, despite economic uncertainties and U.S. tariffs affecting some markets. Aimia plans to enhance financial transparency by focusing on balance sheet improvements and has renewed its share buyback program. The company also settled a tax dispute with the Canada Revenue Agency, anticipating a significant refund.

The most recent analyst rating on (TSE:AIM) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Aimia Inc. stock, see the TSE:AIM Stock Forecast page.

Aimia Inc. to Announce Q2 2025 Financial Results on August 14

Aimia Inc. is set to announce its second quarter 2025 financial results on August 14, 2025. The results will be released at 7:00 am ET, followed by a live webcast and teleconference call at 8:30 am ET. This announcement is significant as it provides insights into the company’s financial health and strategic direction, potentially impacting investor confidence and market positioning.

The most recent analyst rating on (TSE:AIM) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Aimia Inc. stock, see the TSE:AIM Stock Forecast page.

Aimia Inc. Enhances Shareholder Value with Share Buyback Initiative

Aimia Inc. announced the repurchase and cancellation of 667,000 common shares in July 2025 as part of its normal course issuer bid program, representing 0.7% of its outstanding shares. This initiative is part of Aimia’s strategy to enhance shareholder value and reduce the share price discount relative to its intrinsic value. The company plans to continue its share buyback program, which aligns with its strategic direction and capital allocation priorities, while maintaining financial flexibility.

The most recent analyst rating on (TSE:AIM) stock is a Buy with a C$4.00 price target. To see the full list of analyst forecasts on Aimia Inc. stock, see the TSE:AIM Stock Forecast page.