American Aires Inc.
American Aires Inc. (WIFI.CN) Financial Performance & Income Statement Overview
Explore the financials of American Aires Inc. (WIFI.CN), including yearly and quarterly data on income, cash flow, and balance sheets.
American Aires Inc. (WIFI.CN) Income Statement & Financial Overview
Analyze American Aires Inc.’s WIFI.CN earnings with segmented quarterly and yearly financial statement figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $8.62M | $4.59M | $2.79M | $2.04M |
| Cost of Revenue | $3.97M | $1.69M | $1.19M | $916799.00 |
| Gross Profit | $4.66M | $2.91M | $1.60M | $1.12M |
| Gross Profit Ratio | $0.54 | $0.63 | $0.57 | $0.55 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $8.41M | $4.63M | $3.20M | $2.16M |
| Operating Expenses | $8.41M | $4.67M | $3.20M | $2.16M |
| Total Costs & Expenses | -$12.38M | $6.36M | $4.39M | $3.08M |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $27258.00 | $138735.00 | $46201.00 | $44882.00 |
| Depreciation & Amortization | $33428.00 | $33429.00 | $33428.00 | $33334.00 |
| EBITDA | -$3.72M | -$1.73M | -$1.57M | -$1.005M |
| EBITDA Ratio | -$0.43 | -$0.38 | -$0.56 | -$0.49 |
| Operating Income | -$3.76M | -$1.76M | -$1.60M | -$1.04M |
| Operating Income Ratio | -$0.44 | -$0.38 | -$0.57 | -$0.51 |
| Other Income/Expenses (Net) | -$27259.00 | -$138735.00 | -$46201.00 | -$44882.00 |
| Income Before Tax | -$3.78M | -$1.90M | -$1.65M | -$1.08M |
| Income Before Tax Ratio | -$0.44 | -$0.41 | -$0.59 | -$0.53 |
| Income Tax Expense | $0.00 | $0.00 | $2.00 | -$3.00 |
| Net Income | -$3.78M | -$1.90M | -$1.65M | -$1.08M |
| Net Income Ratio | -$0.44 | -$0.41 | -$0.59 | -$0.53 |
| EPS | -$0.04 | -$0.02 | -$0.02 | -$0.01 |
| Diluted EPS | -$0.04 | -$0.02 | -$0.02 | -$0.01 |
| Weighted Avg Shares Outstanding | $104.61M | $96.44M | $89.62M | $72.82M |
| Weighted Avg Shares Outstanding (Diluted) | $104.61M | $96.44M | $89.62M | $72.82M |
The company's financials show resilient growth, with revenue advancing from $2.04M in Q1 2024 to $8.62M in Q4 2024. Gross profit remained healthy with margins at 54% in Q4 2024 compared to 55% in Q1 2024. Operating income hit -$3.76M last quarter, sustaining a consistent -44% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$3.72M. Net income dropped to -$3.78M, while earnings per share reached -$0.04. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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