Added to YB: 2024-06-04
Pitch date: 2024-05-30
WIFI.CN [neutral]
American Aires Inc.
-96.74%
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 0.92
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 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.
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