American Aires Inc.

American Aires Inc.

AAIRF
American Aires Inc.US flagOther OTC
0.05
USD
-0.01
- -
4.94MMarket Cap
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
TTM
Revenue per Share
0.05
0.08
0.21
0.18
0.37
0.21
0.2
0.26
Basic EPS, GAAP
-0.15
-0.38
-0.68
-0.43
-0.25
-0.18
-0.09
-0.09
Free Cash Flow per Basic Share
-0.19
-0.36
-0.36
-0.22
- -
-0.03
-0.1
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.07
0.38
-0.24
-0.33
-0.53
-0.36
-0.11
-0.15
Tangible Book Value per Share
- -
0.44
0.07
0.02
-0.18
-0.09
- -
-0.05
Basic Weighted Avg Shares
11
9
11
14
16
26
91
105
Sales/Revenue/Turnover
1
1
2
3
6
5
18
27
Operating Margin (%)
-310.78
-441.99
-323.26
-230.93
-52.45
-66.49
-45.2
-33.3
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
-2
-3
-8
-6
-4
-5
-8
-9
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-315.8
-490.57
-327.98
-238.42
-67.14
-86.31
-46.63
-34.67
Working Capital
- -
4
1
- -
-2
-2
- -
-6
LT Debt
- -
- -
- -
- -
1
- -
- -
- -
Total Equity
1
5
1
1
-2
-2
- -
-6
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-161.42
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
ST Debt
3
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
105
105
105
Market Capitalization
18
15
10

Working Capital

FRC

in mil. unless spec.
Mar'25
Jun'25
Sep'25
Total Current Assets
6
4
3
Cash, Cash Equivalents & STI
2
- -
- -
Accounts Receivable, Net
- -
1
1
Inventories
2
3
2
Total Current Liabilities
7
8
9
Payables & Accruals
4
5
7
ST Debt
3
2
2
Deferred Revenue
- -
1
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
-122.2%
-106.44%
Free Cash Flow
- -
-397.1%
961.83%
Net Income, GAAP
- -
33.26%
77.23%
Sales/Revenue/Turnover
- -
118.96%
228.06%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
1
2
2
- -
5
2024
2
3
5
9
18
2025
5
6
7
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-0.05
-0.12
-0.01
- -
-0.18
2024
-0.01
-0.02
-0.02
- -
-0.09
2025
-0.02
-0.02
-0.02
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Josh Bruni
Full Time Employees
3
Sector
Technology
Industry
Hardware, Equipment & Parts
Address
400 Applewood Crescent Vaughan ON Canada L4K 0C3
IPO Date
Jan 15, 2020
Business
American Aires Inc. (CSE:WiFi; OTCQB:AAIRF) is a Canadian nanotechnology company that develops, manufactures, and sells proprietary silicon-based electromagnetic field (EMF) protection devices designed to modulate and restructure harmful EMFs from consumer electronics, Wi-Fi, 5G networks, and electric vehicles for improved human health and wellness. The company's core Lifetune product line includes Lifetune One and Lifetune Go for personal device protection; Lifetune Flex for portable coverage; Lifetune Zone and Lifetune Zone Max for room-wide environmental shielding; Duo Dock and Max Multi Mount accessories; and other offerings such as Air Shield Pro, Aires Defender Pro, and Aires Guardian, distributed directly via Shopify and GiddyUp platforms, as well as through original equipment manufacturers, licensing, and white-label partnerships. Founded in 2012 and headquartered at 400 Applewood Crescent, Unit 100, Vaughan, Ontario, Canada, American Aires operates globally, having sold over 400,000 units across 93 countries with primary revenue from the United States, Canada, and international markets; it targets consumers, athletes, high-performers, and OEM partners in the health technology and electronic equipment sectors. Recent developments include official partnerships with UFC, WWE through 2025 featuring integrations in events like SummerSlam and Wrestlepalooza, and Canada Basketball; a strategic marketing agreement with Gray Wolf in June 2024; marketing collaborations with NASCAR in May 2025; record financial performance with Q4 2024 revenue of $8.8 million (135% YoY growth), full-year 2024 sales reaching $18 million (7x growth over three years), Q1 2025 sales of $5.38 million (164% YoY), and Q2 2025 revenue of $6.0 million (115% YoY); expanded lending facilities with ClearCo and Shopify Capital in 2025; and board changes including the resignation of founder Dimitry Serov from the board in September 2025 amid a special committee review, alongside a special committee formation in August 2025.

Company News

APIChat
  • American Aires Inc. Announces Updates on Annual Filings, Litigation and Listing Matters, Cease Trade Order, and 2024 Financial Statements

  • American Aires Provides Update on Liquidity Position, Strategic Review and Ongoing Litigation

  • American Aires Inc. Announces Change of Auditor

  • American Aires Inc. Files Legal Proceedings Against Former Executive

  • Aires Enters Collaboration Agreement with Leading Wellness Expert Gary Brecka's Brand, The Ultimate Human

  • Aires Announces Record Q3/2025 Revenue of $7.4 Million and 61% YoY Sales Growth and Discusses Factors Related to Liquidity and Continuing Operations

  • Cwm LLC Purchases 14,804 Shares of American Axle & Manufacturing Holdings, Inc. $AXL

  • Ethic Inc. Grows Stock Holdings in American Axle & Manufacturing Holdings, Inc. $AXL

  • American Axle & Manufacturing (AXL) Projected to Post Quarterly Earnings on Friday

  • Aires Partnership with WWE Creates First-Ever EMF-Friendly WWE Wrestling Match & Measurable Business Results

  • American Aires Inc. Announces Resignation of Director and Update on Annual General Meeting of Shareholders

  • Aires Announces Record Q2 2025 Revenue of $6.0 Million & 115% YoY Sales Growth

  • American Aires Inc. Announces Business Continuity and Governance Actions Following Special Committee Review

  • Aires Hosts Two First-Ever Events: Demo Day Symposium at UFC's Performance Institute & Roundtable on Environmental Wellness

  • Aires Announces Record First Quarter 2025 Revenue of $5.38 Million & 164% YoY Sales Growth

  • American Aires Announces Record Q4 and Annual 2024 Order Volume

  • American Aires Presenting at the Planet Microcap Showcase on April 23, 2025

  • Aires' Segment on Leading Branded Reality TV Show "Military Makeover with Montel(R)" Goes Live

  • Aires Teams with Former UFC Fighter Tim Kennedy's Apogee Schools to Create First US-based EMF-Friendly Schools

  • Aires Launches the Aires Certified Spaces (ACS) Standard for Creating Authorized EMF-Friendly Physical Spaces