American Aires Reports Strong Order Growth

American Aires (TSE:WIFI) has released an update.

American Aires Inc. reports significant year-over-year increases in order volume for April, May, and June 2024, with growth percentages of 47%, 98%, and 18% respectively, in US dollars. The company chooses to report order volume figures, a non-IFRS metric, for more immediate comparison, while revenue figures are adjusted and reported quarterly. Management anticipates advertising and promotion expenses to remain consistent at 53% of the revenue for the second quarter.

For further insights into TSE:WIFI stock, check out TipRanks’ Stock Analysis page.