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American Aires Inc. (WIFI.CN)

American Aires Inc. (WIFI.CN)
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American Aires Inc is engaged in the production, distribution, and sales of electromagnetic field (EMF) protection devices. The company manufactures devices that protect users from EMF radiation, which is emitted by electronic devices (phones, laptops, WiFi modems, EVs, etc.). It uses a proprietary, silicon-based Aires Resonator Chip in its devices, which is designed to neutralize the negative health effects of EMFs. The company's product offerings comprise different types of EMF protection devices, such as Lifetune Flex, Lifetune Zone, Lifetune One, Lifetune Zone Max, and others. Geographically, the company generates a majority of its revenue from the United States, followed by Canada, and the Rest of the world.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Sales 18,042 5,500 5,822 2,553 2,314
Sales Growth +228.06% -5.54% +128.05% +10.35% +233.86%
Net Income -8,412 -4,747 -4,083 -6,087 -7,588
Net Income Growth -77.23% -16.25% +32.92% +19.79% -123.20%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Total Assets 6,034 349 1,521 2,267 2,124
Total Assets Growth +1,626.76% -77.02% -32.92% +6.74% -58.87%
Total Liabilities 5,899 2,445 3,919 1,419 736
Total Liabilities Growth +141.29% -37.62% +176.21% +92.82% +51.86%
(Values in U.S. Thousands) Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020
Operating Cash Flow -8,705 -821 50 -3,032 -3,991
Operating Cash Flow Growth -960.83% -1,729.83% +101.66% +24.03% -21.90%
Net Cash Flow 1,492 -167 -80 -226 -2,696
Change in Net Cash Flow +994.75% -109.49% +64.81% +91.61% -186.01%
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