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American Aires Inc

Company price
0.03 CAD 0.00(0%)
Last update at 2026-11-05T14:30:00Z
Market Cap
4.18M

Momentum Score

…

American Aires Inc., a nanotechnology company, engages in the production, sales, and distribution of electromagnetic protection devices in Canada and internationally. The company offers Lifetune One, a solution for everyday electronics that sticks directly onto any electronic devices or protective case, including smartphones, tablets, and headphones; Lifetune Go, a solution for personalized protection, designed with a small hole to be carried on keys, worn as a pendant, or carried in a purse or pocket; Lifetune Zone, a solution for surrounding protection in confined areas that can be placed on desks while working, next to a bed while sleeping, or relocated from room to room in a home or office as needed; Lifetune Zone Max, a solution to maximize the daily environment that can be placed in the main living areas of homes or open spaces in offices; and Lifetune Flex, a versatile and resilient solution for customizable protection throughout the day and night that can be carried with you or place it by your side. It sells its products through distributors and original equipment manufacturer/ licensing/white label, as well as through the platform Shopify Inc and GiddyUp. American Aires Inc. was incorporated in 2012 is headquartered in Vaughan, Canada.

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Day Price Range
0.03
Low
0.03
High
52 Week Price Range
0.03
Low
0.20
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Public disclosures for American Aires Inc. (WIFI.CN) are limited and the company provides minimal operational description in exchange filings, so its core business and long-term growth drivers are not clearly documented. As a small-cap Canadian-listed issuer, any future development such as asset acquisitions, commercialization of disclosed assets, or management execution could support growth, but such prospects remain speculative given sparse information.

The most important investment risks are the lack of transparency and verifiable operating history, low trading liquidity, potential for significant shareholder dilution, and execution or regulatory uncertainty.

Risk Score
High

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
0.03
Dividend Yield
-
Revenue TTM
27.37M
Revenue Per Share
0.26
Gross Profit TTM
17.94M
Debt / Equity
-
ROE
-1145.23%
Net Debt
0.32M
ROCE
-4182.86%
Diluted EPS TTM
-0.09

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Income before tax -8.41M -4.75M -3.91M -6.09M -7.59M
Net income -8.41M -4.75M -3.91M -6.09M -7.59M
Selling general administrative 19.23M 6.93M 6.43M 6.73M 7.79M
Gross profit 11.27M 3.42M 3.54M 0.99M 0.70M
Reconciled depreciation 0.13M 0.14M 0.14M 0.13M 0.17M
Ebit - - - -5.90M -7.48M
Ebitda - - -2.56M -5.86M -7.41M
Operating income -8.16M -3.66M -3.05M -5.90M -7.48M
Interest expense 0.26M 0.62M 0.50M 0.09M 0.01M
Interest income - - 0.35M 0.00M 0.01M
Net interest income -0.26M -1.57M -0.86M -0.09M 0.00M
Total revenue 18.04M 5.50M 5.82M 2.55M 2.31M
Total operating expenses 26.20M 9.16M 8.88M 8.45M 9.79M
Cost of revenue 6.77M 2.08M 2.29M 1.57M 1.61M
Total other income expense net - 0.48M -0.10M -0.10M -0.11M
Net income from continuing ops -8.41M -4.75M -3.91M -6.09M -7.59M
Net income applicable to common shares - - - -6.09M -7.59M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Total assets 6.03M 0.35M 1.52M 2.27M 2.12M
Intangible assets 0.13M 0.26M 0.38M 0.51M 0.64M
Other current assets - - - 0.82M 0.31M
Total liab 5.90M 2.44M 3.92M 1.42M 0.74M
Total stockholder equity 0.13M -2.10M -2.40M 0.85M 1.39M
Other current liab - - - 0.01M 0.07M
Common stock - - - 15.79M 11.69M
Capital stock 27.51M 19.74M 16.05M 15.79M 11.69M
Retained earnings -37.57M -29.16M -24.41M -20.50M -14.41M
Cash 1.52M 0.03M 0.20M 0.28M 0.50M
Total current liabilities 5.84M 2.38M 2.79M 1.42M 0.74M
Net debt - 0.32M 1.59M 0.49M -
Short long term debt 0.70M 0.29M 0.65M 0.76M 0.04M
Property plant equipment - - - 0.01M 0.00M
Total current assets 5.89M 0.08M 1.12M 1.74M 1.48M
Net tangible assets - - - 0.34M 0.75M
Net receivables 0.34M 0.00M 0.00M 0.00M 0.00M
Long term debt 0.06M 0.06M 1.13M 0.06M -
Inventory 2.42M 0.00M 0.51M 0.41M 0.26M
Accounts payable - - - 0.59M 0.53M
Non current assets total 0.14M 0.27M 0.41M 0.52M 0.64M
Capital lease obligations - - - - 0.00M
Breakdown 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Type yearly yearly yearly yearly yearly
Date 2024-12-31 2023-12-31 2022-12-31 2021-12-31 2020-12-31
Investments -0.01M 0.00M -0.02M -0.01M 0.01M
Change to liabilities - - 0.00M 2.13M 0.27M
Total cashflows from investing activities - - - -0.01M 0.01M
Net borrowings 0.54M 0.48M -0.19M -1.32M -0.00M
Total cash from financing activities 10.20M 0.65M -0.11M 2.82M 1.28M
Change to operating activities - - - -0.30M -0.20M
Net income -8.41M -4.75M -3.91M -6.09M -7.59M
Change in cash 1.49M -0.17M -0.08M -0.23M -2.70M
Begin period cash flow 0.03M 0.20M 0.28M 0.50M 3.20M
End period cash flow 1.52M 0.03M 0.20M 0.28M 0.50M
Total cash from operating activities -8.70M -0.82M 0.05M -3.03M -3.99M
Issuance of capital stock 7.10M 0.37M 0.34M 4.14M 1.28M
Depreciation 0.13M 0.14M 0.14M 0.13M 0.17M
Dividends paid 0.00M 0.00M 0.00M 0.00M -
Change to inventory -2.42M 0.51M -0.10M -0.14M 0.29M
Change to account receivables - 0.00M 0.00M 0.00M 0.00M
Other cashflows from financing activities - - -0.31M -0.15M -0.15M
Change to netincome - - - 1.24M 3.06M
Capital expenditures 0.01M 0.00M 0.02M 0.01M 0.01M
Change in working capital -1.27M 0.92M 3.00M 1.69M 0.37M
Stock based compensation 0.63M 0.55M 0.14M 1.18M 3.02M
Other non cash items 0.26M 1.40M 0.50M 0.09M -0.00M
Free cash flow -8.71M -0.82M 0.03M -3.04M -3.99M

Peer Comparison*

Sector: Technology Industry: Electronic Components

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
WIFI
American Aires Inc
-
-%
0.03 - - 0.15 9.90 0.23 -1.39
HEAT
Hillcrest Energy Technologies Ltd.
-
-%
0.09 - - 40.81 7.38 41.05 -3.24
ZTE
ZTEST Electronics Inc
-
-%
0.41 7.75 - 1.34 1.75 0.83 3.58

Profile*

American Aires Inc

American Aires Inc., a nanotechnology company, engages in the production, sales, and distribution of electromagnetic protection devices in Canada and internationally. The company offers Lifetune One, a solution for everyday electronics that sticks directly onto any electronic devices or protective case, including smartphones, tablets, and headphones; Lifetune Go, a solution for personalized protection, designed with a small hole to be carried on keys, worn as a pendant, or carried in a purse or pocket; Lifetune Zone, a solution for surrounding protection in confined areas that can be placed on desks while working, next to a bed while sleeping, or relocated from room to room in a home or office as needed; Lifetune Zone Max, a solution to maximize the daily environment that can be placed in the main living areas of homes or open spaces in offices; and Lifetune Flex, a versatile and resilient solution for customizable protection throughout the day and night that can be carried with you or place it by your side. It sells its products through distributors and original equipment manufacturer/ licensing/white label, as well as through the platform Shopify Inc and GiddyUp. American Aires Inc. was incorporated in 2012 is headquartered in Vaughan, Canada.

400 Applewood Crescent, Vaughan, ON, Canada, L4K 0C3

415 707 0102

3

Name Title Year Born
Mr. Josh Bruni Chief Revenue Officer, CEO & Director NA
Mr. Dimitry Serov Founder, Chief Product Officer, President & Treasurer 1983
Mr. Vitali Savitski Chief Financial Officer NA
Mr. Grant Pasay VP of Production & Investor Relations NA
Ms. Jo-Anne Archibald Corporate Secretary NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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