Added to YB: 2026-03-12
Pitch date: 2026-03-10
IQ.V [neutral]
AirIQ Inc.
-6.67%
current return
Author Info
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Company Info
AirIQ Inc. provides IoT based asset management solutions in North America. The company offers fleet reporting, maintenance, compliance, safety, and analytics utilizing multiple hardware options, including a fully integrated video telematics camera solution, and a battery powered solution for non-powered assets.
Market Cap
CAD 16.5M
Pitch Price
CAD 0.60
Price Target
N/A
Dividend
N/A
EV/EBITDA
22.80
P/E
56.34
EV/Sales
2.54
Sector
Software
Category
growth
AirIQ Inc. ($IQ.V) FINS Review
IQ.V (update): Q3 rev $1.7M (+31% YoY), 61.4% margin, net income $103k (4x YoY); YTD rev $4.66M (+10%), net $255k (+55%). 94% recurring rev (+33%), recent acquisition adds $450k ARR at 50% EBITDA for 2.6x multiple. Zero debt, $1.4M cash, 3.5x current ratio. Run rate ~$6.8M rev, $500k net. $16M mkt cap = 32x P/E, 10x EV/EBITDA. Risk: low liquidity, needs M&A to scale.
Read full article (3 min)