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American Aires
(OTC:WIFI)
American Aires (WIFI) vs. iShares MSCI Canada ETF (EWC)
American Aires Business Overview & Revenue Model
American Aires Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.38M | 18.04M | 5.50M | 5.82M | 2.55M | 2.31M |
| Gross Profit | 12.64M | 10.08M | 3.27M | 3.54M | 985.41K | 701.70K |
| EBITDA | -8.88M | -8.02M | -3.99M | -3.27M | -5.86M | -7.41M |
| Net Income | -9.34M | -8.41M | -4.75M | -4.08M | -6.18M | -7.60M |
Balance Sheet | ||||||
| Total Assets | 5.64M | 6.03M | 349.46K | 1.52M | 2.27M | 2.12M |
| Cash, Cash Equivalents and Short-Term Investments | 1.55M | 1.52M | 29.37K | 196.10K | 275.70K | 501.88K |
| Total Debt | 2.82M | 755.26K | 347.29K | 1.78M | 763.04K | 40.00K |
| Total Liabilities | 7.44M | 5.90M | 2.44M | 3.92M | 1.42M | 735.87K |
| Stockholders Equity | -1.80M | 134.97K | -2.10M | -2.40M | 848.35K | 1.39M |
Cash Flow | ||||||
| Free Cash Flow | -8.72M | -8.97M | -820.54K | 29.90K | -3.04M | -3.99M |
| Operating Cash Flow | -8.72M | -8.96M | -820.54K | 50.34K | -3.03M | -3.99M |
| Investing Cash Flow | -5.70K | -8.20K | 0.00 | -19.32K | -12.74K | 14.00K |
| Financing Cash Flow | 7.51M | 10.20M | 653.80K | -110.62K | 2.82M | 1.28M |
American Aires Technical Analysis
American Aires Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
74 Outperform | C$105.36B | 102.23 | 27.41% | 0.11% | 20.99% | 33.05% | |
73 Outperform | $24.50B | 44.22 | 25.87% | ― | 24.94% | 42.45% | |
56 Neutral | $3.44B | ― | -1.76% | ― | -8.84% | 70.97% | |
50 Neutral | C$2.92B | 1.79 | -63.12% | 2.58% | 11.24% | -12.42% | |
39 Underperform | $14.12M | ― | -188.90% | ― | 219.20% | ― |
American Aires Corporate Events
American Aires Inc. reported record revenue growth for Q4 and the entire year of 2024, with a 130% year-over-year increase in quarterly sales to $8.6 million and a 73% rise in annual sales to $18.0 million. The company attributed this growth to strategic marketing partnerships and cost-cutting measures, which also improved their gross profit margin. Despite increased advertising and marketing expenses, the company is positioning itself for continued growth in 2025, although it reported an adjusted EBITDA loss for the year.
Spark’s Take on TSE:WIFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:WIFI is a Neutral.
American Aires faces significant financial challenges, reflected in its low financial performance score. However, recent corporate events indicate positive developments and a promising outlook for 2025, which slightly improves the overall score. Technical analysis and valuation remain neutral to slightly negative, suggesting cautious optimism moving forward.
To see Spark’s full report on TSE:WIFI stock, click here.
American Aires Inc. announced its participation in the Planet MicroCap Showcase in Las Vegas on April 23, 2025, as part of its strategy to expand its investor relations and global presence. The company, which achieved record sales of $18.2 million in 2024, attributes its growth to partnerships with major sports organizations and the expansion of its product offerings to include EMF-friendly spaces. This event is expected to enhance Aires’ visibility among over 500 investors from around the world, aligning with its goal to attract relevant stakeholders.
Spark’s Take on TSE:WIFI Stock
According to Spark, TipRanks’ AI Analyst, TSE:WIFI is a Neutral.
American Aires faces significant financial challenges, reflected in its low financial performance score. However, recent corporate events indicate positive developments and a promising outlook for 2025, which slightly improves the overall score. Technical analysis and valuation remain neutral to slightly negative, suggesting cautious optimism moving forward.
To see Spark’s full report on TSE:WIFI stock, click here.
American Aires Inc. recently featured its EMF protection products on the reality TV show ‘Military Makeover with Montel®,’ which aired on Lifetime and the American Forces Network. This collaboration is part of Aires’ strategic efforts to increase market awareness and align with initiatives that positively impact everyday consumers, particularly military families. The company’s participation in the show underscores its commitment to supporting veterans and their families by providing innovative health solutions against electromagnetic radiation.
American Aires Inc. has partnered with Apogee schools, founded by former UFC fighter Tim Kennedy, to create the first EMF-friendly school environments in the US. This collaboration involves Aires donating EMF protection products and offering discounts to students, aiming to enhance the well-being of students and educators. The initiative is part of Aires’ strategy to expand market awareness and influence by aligning with organizations that impact everyday consumers, furthering the adoption of Aires Certified Spaces in various environments.
The Minnesota Timberwolves have partnered with Aires Tech to launch an innovative EMF-friendly arena at the Target Center, marking the first application of the Aires Certified Spaces standard. This initiative aims to improve health and safety by minimizing the harmful effects of EMF radiation for fans, players, and staff, potentially enhancing the sports viewing experience. The project is a strategic move for Aires Tech to expand its presence in the commercial market by demonstrating the benefits of its technology on a large scale, which could have implications for broader adoption across various sectors.
American Aires Inc. has launched the Aires Certified Spaces (ACS) standard, a protocol for implementing EMF modulation solutions to create EMF-friendly spaces. This initiative marks a strategic effort by Aires to enter the large-scale commercial B2B market, aiming to capture sectors such as workplace wellness and real estate wellness. The ACS certification allows companies to showcase corporate responsibility by aligning with societal demands for health-conscious environments, enhancing brand equity by positioning them as leaders in health and wellness.