American Aires Inc. (AAIRF: OTCQB) | American Aires Announces Record Preliminary Q4/2024 Performance & Provides 2025 Guidance
American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF), a company specializing in EMF radiation protection technology, has announced record preliminary Q4 2024 performance and provided guidance for 2025. Key highlights include:
- Q4 2024 Revenue: $8.8 million, representing 135% year-over-year growth
- Q4 2024 Gross Profit Margin: Improved by 400 basis points to 63%
- Full Year 2024 Revenue: $18.2 million, a 75% increase from 2023
- 2025 Guidance:
- Sales projected between $28 million to $32 million
- EBITDA range from -$2 million loss to $2 million profit
- Strong cash balance of $4.2 million as of January 24, 2025
- Entered into revenue-based lending arrangements with ClearCo and Shopify Capital to finance growth
The company attributes its growth to strategic marketing partnerships and investments made in 2024. CEO Josh Bruni expressed optimism for 2025, citing the full-year benefits of partnerships and increased focus on mass market exposure opportunities.
American Aires is entering 2025 with a strong operational foundation and expects to realize the full annual benefit from existing strategic partnerships, including those with UFC and Canada Basketball.
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