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American Aires ( (TSE:WIFI) ) just unveiled an update.
American Aires Inc. announced record preliminary results for Q4 2024 with a 135% year-over-year increase in revenue, reaching $8.8 million, and a gross profit margin improvement of 400 basis points to 63%, primarily due to cost-cutting strategies. The company provided 2025 guidance with expected sales between $28 million to $32 million and an EBITDA range of a $2 million loss to a $2 million profit. With a strong cash balance of $4.2 million, supported by revenue-based lending arrangements, the company is well-positioned for growth, focusing on advertising and marketing efficiencies, and has renegotiated costs to lower the cost of goods. The company’s strategic inventory investments and partnerships with lenders like ClearCo and Shopify Capital aim to support its growth plans by reducing capital costs and ensuring long-term financial sustainability.
More about American Aires
American Aires Inc. is a company specializing in advanced technology designed to protect against electromagnetic field (EMF) radiation and optimize human health.
YTD Price Performance: 8.33%
Average Trading Volume: 52,943
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $16.07M
For a thorough assessment of WIFI stock, go to TipRanks’ Stock Analysis page.
