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 production, sales, and distribution of electromagnetic protection devices in Canada and internationally.
Market Cap
CAD 3.1M
Pitch Price
CAD 0.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
-0.52
P/E
-0.33
EV/Sales
0.17
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.
Read full article (4 min)