American Aires Stock Price, News & Analysis

American Aires Inc (CSE: WIFI) (OTCQB: AAIRF) reported record Q3/2024 results with Order Volume increasing 61% YoY to $4.92 million. Reported sales grew 57% YoY to $4.59 million, driven by scaled-up advertising and strategic partnerships with UFC, NHL, NBA, and WWE athletes. Gross Profit increased 61% YoY to $2.91 million with improved margins of 63%. Despite strong sales growth, the company reported an adjusted EBITDA loss of $1.17 million due to increased marketing expenses. Early Q4 performance shows continued momentum with October orders up 147% YoY to $2 million.

Aires Tech and MBM Motorsports have announced a groundbreaking partnership for the NASCAR Cup Series. Driver Chad Finchum will become the first to use electromagnetic field radiation (EMF) protection during a race. The partnership will debut at the Straight Talk Wireless 400 at Homestead-Miami Speedway on October 27.

Finchum and his crew will use Aires Tech's Lifetune product to shield against EMF emissions from in-race communication devices. The #66 Ford Mustang will feature Aires Tech's branding on the rear quarter panel. A fan contest offering a VIP track experience is also part of the sponsorship.

This marks Finchum's return to the Cup Series and his first premier series start at Homestead-Miami. The partnership aims to raise awareness about EMF radiation risks and protection methods in high-performance environments.

American Aires, Inc. (CSE: WIFI) (OTCQB: AAIRF) and MBM Motorsports have announced a groundbreaking partnership for the NASCAR Cup Series. Chad Finchum will become the first driver to use Aires Tech's electromagnetic field (EMF) radiation protection during the Straight Talk Wireless 400 at Homestead-Miami Speedway on October 27. The #66 Ford Mustang team will showcase Aires Tech's products, designed to shield against EMF emissions from in-race communication devices.

Aires Tech will be featured on the car's paint scheme and host a fan contest for a VIP NASCAR experience. The partnership aims to raise awareness about EMF radiation risks from wireless technology. Finchum, returning to the Cup Series, brings experience from over 115 NASCAR Xfinity Series starts. The race will broadcast live on NBC and Peacock.

Additionally, Aires has entered a debt settlement agreement with MK Barber, Inc., settling US$7,000 through the issuance of 37,049 common shares at C$0.260 per share, subject to CSE approval.

American Aires Inc. (CSE: WIFI, OTCQB: AAIRF) has announced a partnership with UFC Lightweight title contender Michael Chandler to promote the company's EMF protection technology. Chandler joins other notable athletes in the #AiresAthletes campaign, which aims to highlight the importance of EMF protection for enhancing recovery and overall well-being.

The partnership includes NIL rights, content creation, social media collaboration, and event appearances. Aires Tech expects this collaboration to boost brand awareness and sales growth by engaging Chandler's nearly 3 million social media followers and connecting with UFC's 700 million global fans.

Aires Tech has also secured global brand partnerships with WWE and Canada Basketball. The company's technology is designed to protect against electromagnetic radiation from wireless technologies and is being applied to athletic performance and recovery.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF), a company specializing in EMF radiation protection technology, has been invited to appear on Military Makeover with Montel, a popular reality TV show. The episode will feature Aires incorporating their EMF protection products into a military family's home. This appearance is expected to provide significant media exposure for Aires, with the episode airing on Lifetime and American Forces Network, streaming online, and being promoted across various social media platforms.

The collaboration aligns with Aires' existing discount program for US military members and their families. CEO Josh Bruni views this as an opportunity to showcase Aires Tech products to a broader audience. This appearance is part of Aires' strategic efforts to leverage mass market opportunities and establish Aires Tech as a household brand name in the EMF protection market segment.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF), a pioneer in electromagnetic radiation protection technology, is set to participate in the 12th annual Capital Event Management (CEM) small-cap investor conference in Muskoka, Ontario on September 28, 2024. The company has scheduled 18 one-on-one meetings with various investors, including small-cap investment advisors, portfolio managers, and institutional investors.

CEO Josh Bruni and CFO Vitaliy Savitsky will represent Aires at the conference, which offers networking opportunities and pre-scheduled meetings. This event marks Aires' second participation in a CEM Capital Event, following their attendance at the Q1 2024 Whistler conference in British Columbia.

The company plans to discuss its sales growth, major partnership announcements, and growth strategy during the conference. Aires is focusing on scaling up its direct-to-consumer Growth Engine and accelerating new revenue growth drivers, including partnerships with top athletes and sports leagues, to build Aires into a household brand and create long-term value.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) has entered into a capital markets advisory agreement with Sophic Capital Inc. to enhance investor awareness and communication. Sophic will provide marketing and investor relations services to expand Aires' presence in the investment community. The agreement, effective September 23, 2024, has an initial term of 12 months, renewable for 6-month periods.

As compensation, Aires will pay Sophic C$8,000 per month and grant 988,334 stock options at CAD $0.36 per share, vesting over 12 months. Sophic's team, led by CEO Sean Peasgood, brings extensive experience in technology and capital markets. This partnership aims to support Aires' vision of becoming a household brand and market leader in electromagnetic radiation protection technology.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF), a pioneer in EMF protection technology, has announced share issuances to strategic partners as part of its marketing strategy. The company has issued shares to UFC fighter Maycee Barber, neuroscientist Dr. Nicholas Dogris, and consultant Grant Pasay in exchange for services. This aligns with Aires' Q2/2024 initiative of partnering with top athletes and sports leagues to boost brand awareness and sales.

The company reported a 45% year-over-year sales increase during Q2/2024, attributing this growth to its marketing partnerships. Aires' #AiresAthletes campaign features prominent figures like NFL Legend Tiki Barber and NHL star John Tavares. CEO Josh Bruni emphasized the company's goal of becoming a household brand in the EMF protection segment, positioning Aires at the intersection of technology, health, and peak human performance.

American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) reported strong Q2 2024 results with a 45% YoY sales growth to $2.8 million. The company's cash balance improved to $3.8 million, up from $0.03 million in December 2023. Gross profit increased by 50% YoY to $1.7 million, with gross margin improving to 61%. Despite higher marketing and overhead costs, Adjusted EBITDA loss was $0.8 million, in line with expectations.

Aires entered strategic partnerships with UFC, NHL's John Tavares, Canada Basketball, and WWE to boost brand awareness. The company also engaged Clarkham Capital for investor relations services focused on the German market. Andrew Michrowski transitioned from the Board of Directors to lead the Science Advisory Board, overseeing R&D initiatives for EMF protection technology.