American Aires Inc. (AAIRF)

American Aires Income Statement

Financials in millions CAD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	21.38	18.04	5.78	5.82	2.55	2.31
Revenue Growth (YoY)	237.60%	211.98%	-0.67%	128.05%	10.35%	233.86%
Cost of Revenue	7.85	6.77	2.08	2.29	1.42	1.61
Gross Profit	13.53	11.27	3.7	3.54	1.14	0.7
Selling, General & Admin	21.7	18.66	6.38	6.31	5.76	4.78
Research & Development	-	-	-	0.01	-	0.22
Operating Expenses	22.54	19.43	8.03	6.94	7.03	8.18
Operating Income	-9.01	-8.16	-4.33	-3.41	-5.9	-7.48
Interest Expense	-0.33	-0.26	-0.62	-0.5	-0.09	-0.01
Interest & Investment Income	-	-	-	-	-	0.01
Currency Exchange Gain (Loss)	-	-	-	-	-0.1	-0.07
Other Non Operating Income (Expenses)	-	-	0.2	-	-	-
EBT Excluding Unusual Items	-9.34	-8.41	-4.75	-3.91	-6.09	-7.55
Gain (Loss) on Sale of Assets	-	-	-	-	-	-0.04
Other Unusual Items	-	-	-	-	0.01	-
Pretax Income	-9.34	-8.41	-4.75	-3.91	-6.09	-7.59
Net Income	-9.34	-8.41	-4.75	-3.91	-6.09	-7.59
Net Income to Common	-9.34	-8.41	-4.75	-3.91	-6.09	-7.59
Shares Outstanding (Basic)	99	91	26	16	14	11
Shares Outstanding (Diluted)	99	91	26	16	14	11
Shares Change (YoY)	142.70%	243.24%	67.62%	11.51%	26.48%	24.73%
EPS (Basic)	-0.09	-0.09	-0.18	-0.25	-0.43	-0.68
EPS (Diluted)	-0.09	-0.09	-0.18	-0.25	-0.43	-0.68
Free Cash Flow	-8.24	-8.71	-0.82	0.03	-3.04	-3.99
Free Cash Flow Per Share	-0.08	-0.10	-0.03	0.00	-0.21	-0.36
Gross Margin	63.26%	62.47%	64.01%	60.73%	44.57%	30.33%
Operating Margin	-42.16%	-45.20%	-74.82%	-58.51%	-230.93%	-323.26%
Profit Margin	-43.70%	-46.63%	-82.08%	-67.14%	-238.41%	-327.98%
Free Cash Flow Margin	-38.54%	-48.29%	-14.19%	0.51%	-119.24%	-172.48%
EBITDA	-8.88	-8.02	-4.19	-3.27	-5.77	-7.34
EBITDA Margin	-41.53%	-44.46%	-72.43%	-56.14%	-225.82%	-
D&A For EBITDA	0.13	0.13	0.14	0.14	0.13	0.14
EBIT	-9.01	-8.16	-4.33	-3.41	-5.9	-7.48
EBIT Margin	-42.16%	-45.20%	-74.82%	-58.51%	-230.93%	-
Advertising Expenses	-	8.28	2.21	2.44	1.37	2.39

Updated Oct 28, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.