American Aires (TSE:WIFI) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
