American Aires Announces Q1 2024 Results With Strong 37% YoY Sales Growth Despite Traditionally Soft Q1 Consumer Spending
American Aires Announces Q1 2024 Results With Strong 37% YoY Sales Growth Despite Traditionally Soft Q1 Consumer Spending
- Quarterly sales exceeded $2.0M
- Gross margin held strong at 60%
- Cash balance grew to $2.3M
- 季度销售额超过200万美元
- 毛利率保持60%
- 现金余额增加至230万美元
Toronto, Ontario--(Newsfile Corp. - May 28, 2024) - American Aires Inc. (CSE: WIFI) (OTCQB: AAIRF) ("Aires" or the "Company"), a pioneer in cutting-edge technology designed to protect against electromagnetic radiation and optimize human health, is pleased to announce filing of the Company's Financial Statements and Management's Discussion & Analysis (MD&A) for Q1 2024.
安大略省多伦多-(Newsfile Corp.-2024年5月28日)-美国Aires Inc.(CSE:WIFI) (OTCQB:AAIRF) ("Aires"或"公司它是一家专注于先进技术,旨在保护人体免受电磁辐射的侵害并优化人体健康的公司,很高兴地宣布公司的基本财务报表及管理讨论与分析(MD&A)已于2024年第一季度提交。
Quarterly performance was in line with Aires management's expectations, with a strong 37% YoY increase in sales despite expected Q1 consumer spending weakness due to Q4's traditionally increased seasonal purchases. Management also notes that order volume growth has materially increased in April 2024 to 47% YoY and to date in May 2024 to 132% YoY. The Company improved its balance sheet in the quarter, with cash balance going from $0.03M in Q4 2023 to $2.3M in Q1 2024, thanks to an oversubscribed $4,000,000 financing in February 2024. Subsequent to Q1 2024, the Company further strengthened its treasury by closing a financing in 2 tranches in May 2024 for gross proceeds of $3,770,465 to Aires.
尽管预计第一季度消费支出因第四季度通常增加季节性购买而疲软,Aires的季度业绩仍符合管理层预计,销售同比增长37%。管理层还指出,在2024年4月订单数量增长显著,同比增长47%,截至2024年5月迄今同比增长132%。公司在本季度加强了资产负债表,由2023年第四季度的0.03 M美元增至2024年第一季度的2.3 M美元,得益于2024年2月已认购的400万美元融资。在2024年第一季度之后,Aires通过在5月份完成分两笔的融资,总收益为3770465美元,进一步加强了公司的资本实力。
American Aires CEO, Josh Bruni, commented: "Now that Q1 and our heavy lifting on the IR front are behind us, we're refocusing our efforts on deploying the capital we raised across 3 major fronts: forging prominent new marketing partnerships, building universal brand awareness, and expanding internationally. In other words, continuing to do what's enabled our multi-year trajectory of significant revenue growth so we can make 2024 our best year ever. With a stronger balance sheet to fuel the process, we'll scale up our growth engine's proven data-driven advertising model for greater efficiency and effectiveness. We'll also continue to create strategic marketing partnerships and seek mass media exposure that can help grow sales and build Aires Tech into a household brand, as we've already done through our partnerships with former NFL record-setter Tiki Barber, UFC star Maycee Barber, and representative of the stars WME (William Morris Endeavor), and through our coverage on Fox Business Network's popular Dr. Drew show and on Rumble's video platform featuring Russell Brand reading Aires ads. When you put it all together, our expectation is for our YoY sales growth to accelerate through the remainder of the year."
American Aires首席执行官Josh Bruni评论道:“既然第一季度和我们在IR前期的重要工作已经完成,我们现在正在重新聚焦于在3个主要方面部署我们筹集的资本:建立杰出的市场营销伙伴关系,构建通用品牌认知度和扩展国际业务。换句话说,继续做已使我们保持显着收入增长多年的关键,使我们可以让2024年成为我们最好的一年。有了更强的资本实力来推动这一进程,我们将扩大我们的增长引擎,运用数据驱动的广告模型,以获得更高的效率和效果。我们还将继续创造战略性的市场合作伙伴关系和寻求能够帮助增加销售并将Aires Tech打造成家喻户晓品牌的大众媒体曝光,正如我们已经通过与前NFL赛季纪录保持者Tiki Barber, UFC明星Maycee Barber和明星代表WME(William Morris Endeavor)的合作关系以及在Fox商业频道热门Dr. Drew show和在Rumble的视频平台上播放Russell Brand读取Aires广告所做的一样。当你把所有这些东西放在一起时,我们的期望是我们的同比销售增长将在今年的其余时间加速。”
Management strategically increased its focus on capital markets initiatives during Q1 2024 to widen awareness of the Company within the investment community and to raise sufficient capital to enable future sales growth by scaling up data-driven advertising, promotion and marketing investments. Capital market initiatives included the execution of 2 equity financings; uplisting the Company's OTC listing to OTC QB to attract more US-based investors; and strategic IR campaigns and investor meetings to introduce or provide updates about the Aires story to individual investors, financial advisors and investment banks. Management will continue building on the ground gained through these initiatives though at a more measured pace.
管理层在2024年第一季度战略性地增加了对资本市场的关注,以扩大公司在投资界中的知名度,并筹集足够的资本,通过扩大数据驱动的广告、促销和市场投资来实现未来的销售增长。资本市场倡议包括执行2项权益融资;将公司的场外交易上市提升到OTC QB,以吸引更多基于美国的投资者;以及向个人投资者、财务顾问和投资银行介绍或提供Aires故事的战略性IR活动和投资者会议。管理层将继续以更温和的速度建立这些倡议所获得的地面。
The Aires stock price trended up strongly throughout Q1 2024, rising from $0.20 on January 2nd to $0.95 as of May 28, 2024.
在2024年第一季度,Aires的股价走势强劲,从1月2日的0.20美元增长至2024年5月28日的0.95美元。
The 63% increase in advertising and promotion expenses in Q1 2024 was consistent with management's expectations and its annual strategy of proactively investing in Q1 toward creating new partnerships and brand content that will have its largest impact on sales growth in the year's following quarters. This investment strategy successfully drove strong sales growth on an annual basis in both 2022 and 2023 and has materially increased our order volume growth in April 2024 to 47% YoY and to date in May 2024 to 132% YoY.
在2024年第一季度,广告和促销费用的增长率为63%,符合管理层的预期,根据其年度策略,在Q1积极投资于创建新的合作伙伴关系和品牌内容将会对在今年后几个季度的销售增长产生最大的影响。这一投资策略在2022年和2023年成功地推动了年度销售增长,并在2024年4月实质性地增加了我们的订单量增长,同比增长47%,截至2024年5月迄今同比增长132%。
The 27% POP increase in marketing expenses was mainly due to a marketing partner switching from being paid 30 days after month's end to instead being paid at the start of each month, which created a higher than usual marketing expense for a single month in Q1 2024. Otherwise, the increase in marketing expenses would have been only 6% POP.
在市场营销费用方面,POP增加了27%主要是由于市场营销合作伙伴转为在每月初支付而不是在月底后30天支付,这在2024年第一季度单月产生了比平时更高的市场营销费用。否则,市场营销费用的增加将只有6%。
Adjusted EBITDA loss increased slightly by $241,720 (i.e., 38%) due to the discussed increases in brand development and content creation costs combined with higher overhead.
调整后的EBITDA亏损由于品牌发展和内容创作成本的增加以及日常开支的增加而略有增加,达241,720美元(即38%)。
Condensed Consolidated Interim Statements of Financial Position (Unaudited)
(in Canadian Dollars)
简明合并中期财务报表(未经审计)
(加币)
Revenue | Q1 2024 |
Q1 2023 |
POP % |
||||||
Sales | $ | 2,037,395 |
$ | 1,487,372 |
37% |
||||
Cost of sales | $ | (811,865) | $ | (595,754) | 36% |
||||
Gross margin | $ |
1,225,529 |
$ |
891,619 |
37% |
||||
Gross margin % | 60% |
60% |
|
||||||
|
|
|
|||||||
Core expenses | |
|
|
||||||
Advertising and promotion | $ | (1,083,848) | $ | (663,724) | 63% |
||||
Marketing | $ | (554,874) | $ | (437,243) | 27% |
||||
Core Net Income (Loss) | $ | (413,192) | $ | (209,348) |
97% |
||||
|
|
|
|||||||
Overhead costs | |
|
|
||||||
Office and general | $ | (130,242) | $ | (77,539) | 68% |
||||
Consulting and payroll | $ | (312,276) | $ | (256,627) | 22% |
||||
Legal and professional | $ | (21,187) | $ | (91,663) | -77% |
||||
Adjusted EBITDA | $ | (876,897) | $ | (635,177) |
38% |
||||
|
|
|
|||||||
Other | |
|
|
||||||
Investor relations consulting | $ | (127,829) | $ | - |
N/A |
||||
Interest charges | $ | (44,882) | $ | (191,608) | -77% |
||||
Depreciation | $ | (33,334) | $ | (34,489) | -3% |
||||
Net Income (Loss) | $ | (1,082,942) | $ | (861,274) |
26% |
营业收入 | 2024年第一季度 ("Q1 2024") |
2023年第一季度 |
POP% |
||||||
销售 | $ | 2,037,395 |
$ | 1,487,372 |
37% |
||||
销售成本 | $ | (811,865) | $ | (595,754) | 36% |
||||
毛利率 | $ |
1,225,529 |
$ |
891,619 |
37% |
||||
毛利率% | 60% |
60% |
|
||||||
|
|
|
|||||||
核心支出 | |
|
|
||||||
广告宣传费用 | $ | (1,083,848) | $ | (663,724) | 63% |
||||
市场营销 | $ | (554,874) | $ | (437,243) | 27% |
||||
核心净利润(损失) | $ | (413,192) | $ | (209,348) |
97% |
||||
|
|
|
|||||||
经常费用 | |
|
|
||||||
办公室和一般费用 | $ | (130,242) | $ | (77,539) | 68% |
||||
咨询和薪资 | $ | (312,276) | $ | (256,627) | 22% |
||||
法律和专业 | $ | (21,187) | $ | (91,663) | -77% |
||||
调整后EBITDA | $ | (876,897) | $ | (635,177) |
38% |
||||
|
|
|
|||||||
其他 | |
|
|
||||||
投资者关系咨询 | $ | (127,829) | $ | - |
无数据 |
||||
利息费用 | $ | (44,882) | $ | (191,608) | -77% |
||||
折旧 | $ | (33,334) | $ | (34,489) | -3% |
||||
净利润(损失) | $ | (1,082,942) | $ | (861,274) |
26% |
About American Aires Inc.
American Aires Inc. is a Canadian-based nanotechnology company committed to enhancing well-being and environmental safety through science-led innovation, education, and advocacy. The company has developed a proprietary silicon-based resonator that protect against the harmful effects of electromagnetic radiation (EMR). Aires' Lifetune products target EMR emitted by consumer electronic devices such as cellphones, computers, baby monitors, and Wi-Fi, including the more powerful and rapidly expanding high-speed 5G networks. Aires is listed on the CSE under the ticker 'WIFI' and on the OTC QB under the symbol 'AAIRF'. Learn more at .
美国Aires股份有限公司是一家加拿大纳米技术公司,致力于通过科学领先的创新、教育和倡导来增强健康和环境安全。该公司开发了一种保护人体免受电磁辐射有害影响的专有的基于硅的振荡器。Aires的Lifetune产品针对电子设备(如手机、电脑、婴儿监视器和Wi-Fi)发射的电磁辐射(EMR),包括更强大且正在迅速扩展的高速5G网络。Aires在CSE上的股票代码为WIFI,在OTC QB上的股票代码为AAIRF。了解更多,请访问。
American Aires Inc. 是一家总部位于加拿大的纳米科技公司,致力于通过以科学为基础的创新、教育和倡导来增强幸福感和环境安全。公司开发了一种专有的基于硅的谐振器,可以保护人们免受电磁辐射 (EMR) 的有害影响。Aires Lifetune 产品针对消费电子设备(如手机、电脑、婴儿监视器和 Wi-Fi,包括更强大和迅速扩展的高速 5g 概念网络)发射的 EMR。Aires 在 CSE 上以 'WIFI' 为代号,在 OTC QB 上以 'AAIRF' 为标的进行交易。了解更多信息,请访问 .
On behalf of the board of directors
董事会代表
Company Contact:
Josh Bruni, CEO
Website:
公司联系人:
乔希·布鲁尼,CEO
网站:
Email: wifi@airestech.com
Telephone: (415) 707-0102
电子邮件:wifi@airestech.com
电话:(415)707-0102
This news release refers to certain financial performance measures that are not defined by and do not have a standardized meaning under International Financial Reporting Standards including "Adjusted EBITDA" (termed "Non-IFRS measures"). Non-IFRS measures are used by management to assess the financial and operational performance of the Company. The Company believes that these Non-IFRS measures, in addition to conventional measures prepared in accordance with International Financial Reporting Standards, enable investors to evaluate the Company's operating results, underlying performance and prospects in a similar manner to the Company's management. As there are no standardized methods of calculating these Non-IFRS measures, the Company's approach may differ from those used by others, and accordingly, the use of these measures may not be directly comparable. Accordingly, these Non-IFRS measures are intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with International Financial Reporting Standards. The Corporation defines EBITDA as earnings before interest tax depreciation and amortisation. Adjusted EBITDA removes irregular and non-recurring items that distort EBITDA.
本新闻稿包含某些金融绩效指标,这些指标在国际财务报告准则下没有定义,也没有标准化含义,包括“调整后的EBITDA”(被称为“非IFRS指标”)。非IFRS指标被管理层用来评估公司的财务和运营业绩。公司认为,这些非IFRS指标,除了按照国际财务报告准则编制的常规指标之外,使投资者能够以与公司管理层类似的方式评估公司的运营业绩和前景。由于没有标准化的计算这些非IFRS指标的方法,公司的方法可能与其他公司不同,因此,使用这些指标可能不能直接可比。因此,这些非IFRS指标旨在提供额外信息,不应单独或作为按照国际财务报告准则编制的绩效措施的替代品考虑。公司将EBITDA定义为利润前的利息税折旧和摊销。调整后的EBITDA删除扭曲EBITDA的不规则和非经常性项目。
Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding future financial position and financial measures, YoY sales growth in 2024, sales growth resulting from advertising and promotion expenses, marketing partnerships, international expansion, ability to attract US-based investors, efficiency and effectiveness of the Company's advertising model, future market position, growth, innovations, global impact, business strategy, achieving universal brand awareness and brand development, product adoption, use of proceeds, corporate vision, proposed acquisitions, strategic partnerships, joint ventures, 2024 being our best year ever, continuing our trajectory of revenue growth, relationships with athletes, celebrities and performers, the size and growth of the consumer market focused on wellbeing and EMF protection, strategic alliances and co-operations, budgets, cost and plans and objectives of or involving the Company. Such forward-looking information reflects management's current beliefs and is based on information currently available to management. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "predicts", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. A number of known and unknown risks, uncertainties and other factors may cause the actual results or performance to materially differ from any future results or performance expressed or implied by the forward-looking information. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of the Company including, but not limited to, the impact of general economic conditions, industry conditions, the occurrence of force majeure events, developments and changes in laws and regulations, competitive factors, and dependence upon regulatory approvals. Certain material assumptions regarding such forward-looking statements may be discussed in this news release and the Company's annual and quarterly management's discussion and analysis filed at . Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements. The Company does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by securities laws.
本新闻稿中提供的某些信息可能包含涉及重大已知和未知风险和不确定性的前瞻性声明。除了历史事实之外,所有陈述均为前瞻性陈述,包括但不限于关于未来财务状况和财务指标、2024年销售增长、广告和促销费用产生的销售增长、营销伙伴关系、国际扩张、吸引美国投资者的能力、公司广告模型的效率和有效性、未来市场地位、增长、创新、全球影响、业务策略、实现全球品牌知名度和品牌发展、产品采用、收益使用、企业愿景、拟议收购、战略合作伙伴关系、合资企业、2024年将是我们有史以来最好的一年、继续我们的营收增长轨迹、与运动员、名人和表演者的关系、以健康和EMF保护为中心的消费市场的规模和增长、战略联盟和合作、预算、成本和计划以及公司相关的目标。这些前瞻性信息反映了管理层的当前信念,并基于目前管理层掌握的信息。通常,但并非总是如此,可以通过使用诸如“计划”、“预计”、“预期”、“预算”、“安排”、“估计”、“预测”、“预示”、“目标”、“目标”、“计划”、“提名”、“预测”、“计划”、“目标”或诸如此类的单词和短语(包括负面变化)或表明某些行动可能采取“可能”、“可能”、“应该”、“将”,发现这些前瞻性陈述。已知和未知的许多风险、不确定性和其他因素可能使前瞻性信息的实际结果或表现与任何未来结果或表现实质上不同于前瞻性信息所表达或暗示的任何未来结果或表现。这些前瞻性陈述受到许多风险和不确定性的限制,其中某些风险和不确定性超出了公司的控制范围,包括但不限于一般经济状况的影响、行业条件、不可抗力事件的发生、法规的制定和变化、竞争因素和对监管批准的依赖性。在本新闻稿中可能会讨论有关此类前瞻性声明的某些实质性假设。读者应注意到,在准备这种信息时使用的假设,尽管当时认为是合理的,但可能被证明是不准确的,因此不应过分依赖前瞻性陈述。公司不承担更新或修订其前瞻性陈述的任何义务,除非证券法要求。
No securities regulatory authority has either approved or disapproved of the contents of this news release. The Shares have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered or sold in the United States, or to or for the account or benefit of any person in the United States, absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any common shares in the United States, or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. We seek safe harbour.
任何证券监管机构均未批准或不批准本新闻发布的内容。该股份未在《美国证券法》或任何州证券法下进行注册,也不得在美国或对美国任何人的账户或利益进行任何提供或销售,除非在注册或适用豁免登记要求下。本新闻发布不构成在美国或任何其他可能存在非法情况的司法管辖区内提供或要求购买任何普通股的要约。我们寻求安全港。
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
加拿大证券交易所及其市场监管机构(按照加拿大证券交易所的政策定义)不承担本新闻发布的充分性或准确性的责任。