Added to YB: 2024-08-30
Pitch date: 2024-08-28
WIFI.CN [neutral]
American Aires Inc.
-92.41%
current return
Author Info
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Company Info
American Aires Inc., a nanotechnology company, engages in the research, development, and implementation of innovative technology solutions that restructure and transform electromagnetic field haze into biologically-compatible form in Canada and internationally.
Market Cap
CAD 35.4M
Pitch Price
CAD 0.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
-7.70
P/E
-4.61
EV/Sales
4.46
Sector
Electronic Equipment, Instruments and Components
Category
N/A
American Aires ($WIFI.C) FINS Review
WIFI.CN (pass - one star): Revenue +45% Q2, margins up 200bps, but operational spend 125% of margin $. $4.4M prepaids (likely marketing) vs $4.8M YTD rev. 450% dilution past year. $5.5M cash burn in 6mo. Break-even at $9.32M rev, but marketing costs make this unreliable. Maintained 1-star review.
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