Added to YB: 2024-06-04
Pitch date: 2024-05-30
WIFI.CN [bearish]
American Aires Inc.
+96.74%
current return
Author Info
Wolf of Oakville takes a magnifying glass to Canadian small cap stocks. Sign up for the newsletter.
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 0.92
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 Inc. - $WIFI.CN (1-star)
WIFI.CN: EMF protection co. Q1 update: $2M rev (+37% YoY), 60% GM, $1.1M net loss on high marketing costs (133% of GM). Prepaid jump, inventory build raise Qs. Dilution continues: 46% in Q1, 137% since '21 split. $91M mkt cap ($125M w/ ITM warrants & RSUs) overvalued on metrics & cash burn. Insider deals concerning. Downgrade to 1-star.
Read full article (3 min)