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AIR Global (AIIR) AI Stock Analysis
AIR Global
(NASDAQ:AIIR)
The score is primarily supported by solid profitability and positive operating/free cash flow, but it is held back by elevated leverage and a year-over-year decline in free cash flow. Technicals are mixed (notably below the 200-day average), and valuation is difficult to assess given the negative P/E and lack of dividend yield data.
AIR Global (AIIR) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $1.20B
- Dividend Yield
- ―
- Average Volume (3M)
- 22.93K
- Price to Earnings (P/E)
- -3.7
- Beta (1Y)
- 0.15
- Revenue Growth
- ―
- EPS Growth
- ―
- Country
- US
- Employees
- 2
- Sector
- Consumer Defensive
- Sector Strength
- 62
- Industry
- Tobacco
AIR Global Business Overview & Revenue Model
Company Description
Established in 1999, AIR Global PLC is headquartered in Dubai, United Arab Emirates. The company focuses on the production and distribution of hookah and other inhalation devices. It primarily conducts its sales through an online business-to-business...
AIR Global Financial Statement Overview
Summary
Profitable and cash-generative with improving net margin and a strengthening equity base, but leverage remains high (debt-heavy capital structure) and 2025 free cash flow declined versus 2024, tempering overall financial quality.
Income Statement
74PositiveBalance Sheet
58NeutralCash Flow
65Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 135.69M | 399.74M | 376.64M | 364.03M | 0 |
| Gross Profit | 76.77M | 224.34M | 217.63M | 200.47M | 0 |
| EBITDA | 27.28M | 103.24M | 112.99M | 86.80M | -6,289 |
| Net Income | -73.79M | 46.80M | 34.12M | 53.75M | -6,289 |
Balance Sheet | |||||
| Total Assets | 759.13M | 723.19M | 656.02M | 680.71M | 6,212 |
| Cash, Cash Equivalents and Short-Term Investments | 85.41M | 119.46M | 71.70M | 51.16M | 0 |
| Total Debt | 422.09M | 400.81M | 399.94M | 465.90M | 0 |
| Total Liabilities | 566.31M | 513.82M | 503.74M | 555.09M | 0 |
| Stockholders Equity | 192.83M | 209.37M | 152.28M | 117.86M | 6,212 |
Cash Flow | |||||
| Free Cash Flow | -14.38M | 90.08M | 128.45M | 49.17M | 0 |
| Operating Cash Flow | -13.26M | 115.89M | 150.87M | 64.98M | 0 |
| Investing Cash Flow | -10.07M | -26.77M | -26.18M | -16.56M | 0 |
| Financing Cash Flow | -10.72M | -41.37M | -104.14M | -94.69M | 0 |
AIR Global Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AIIR, the sentiment is Negative. The current price of 7.60 is above the 20-day moving average (MA) of 7.55, above the 50-day MA of 7.47, and below the 200-day MA of 8.54, indicating a neutral trend. The MACD of 0.02 indicates Positive momentum. The RSI at 49.38 is Neutral, neither overbought nor oversold. The STOCH value of 37.21 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AIIR.
AIR Global Peers Comparison
Overall Rating
RLX69Neutral
TPB65Neutral- AIIR59Neutral
ISPR46Neutral
XXII40Underperform
GNLN37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| RLX | 69Neutral | $1.97B | 13.37 | 6.20% | 6.83% | 59.23% | 39.66% |
| TPB | 65Neutral | $1.35B | 28.28 | 11.93% | 0.47% | 20.10% | -3.19% |
| Sector * | 62Neutral | $20.33B | 14.63 | -3.31% | 3.23% | 1.93% | -12.26% |
| AIIR | 59Neutral | $1.20B | -3.70 | -27.46% | ― | ― | ― |
| ISPR | 46Neutral | $77.97M | -2.30 | 453.73% | ― | -24.69% | 16.08% |
| XXII | 40Underperform | $1.34M | 0.00 | -20.47% | ― | -27.44% | 99.95% |
| GNLN | 37Underperform | $1.13M | -0.01 | -314.86% | ― | -66.96% | 99.54% |
* Consumer Defensive Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| AIIR | Air Global Plc. | 7.48 | -3.19 | -29.90% | |
| XXII | 22nd Century Group | 0.07 | -464.93 | -99.99% | |
| TPB | Turning Point Brands Inc | 67.31 | -25.97 | -27.84% | |
| GNLN | Greenlane Holdings | 1.63 | -23.57 | -93.53% | |
| RLX | Rlx Technology, Inc. | 1.61 | -0.69 | -29.97% | |
| ISPR | Ispire Technology, Inc. | 1.35 | -0.36 | -21.05% |
AIR Global Corporate Events
AIR Global Subsidiary Prices $425 Million Senior Notes to Refinance Debt
On September 23, 2026, AIR Limited, a wholly owned subsidiary of AIR Global PLC, priced a U.S.$425 million offering of five-year senior unsecured notes carrying a 7.875% coupon and maturing in 2031. The notes, guaranteed on a senior basis by AIR and...
AIR Global Subsidiary Launches Senior Unsecured Notes Offering to Refinance Debt
On September 21, 2026, AIR Limited, a wholly owned subsidiary of AIR Global PLC, launched an offering of U.S. dollar‑denominated senior unsecured notes to qualified investors under Rule 144A and Regulation S. The notes will carry senior guarant...
AIR Global Cancels Nearly 5 Million Shares After Forward Purchase Settlement
On September 10, 2026, AIR Global PLC completed the settlement of a forward purchase agreement originally entered into on May 11, 2026 with several Harraden Circle investment funds covering 5,000,000 Class A ordinary shares of Cantor Equity Partners...
AIR Global Posts Resilient H1 2026 Results and Targets Revenue Growth Amid Strait of Hormuz Disruption
On September 8, 2026, AIR Global PLC released an investor presentation detailing its first‑half 2026 performance and outlook, framed around its role as a global innovation leader in social inhalation. The disclosure, made via a Form 6‑K f...
AIR Global Wins Shareholder Backing for $52 Million Buyback and Expanded Repurchase Authority
AIR Global PLC, a global leader in flavored inhalation technologies and modern nicotine products, operates a broad portfolio of brands and partnerships that connect technology, science and commercial platforms to target adult consumers in fast-growin...
AIR Global Posts First-Half 2026 Results as Newly Listed Nasdaq Company
On August 20, 2026, AIR Global reported its first-half 2026 results, showing revenue up 3.7% to $206.9 million and stable adjusted EBITDA at $71.7 million despite a 9% drop in FSM shipment volumes and severe supply-chain disruption from the closure o...
AIR Global Calls August EGM to Approve Major Share Buybacks and Governance Changes
AIR Global PLC is a Jersey-incorporated company headquartered in Dubai, United Arab Emirates, and listed in the United States as a foreign private issuer. The company has a global shareholder base and is governed by Jersey corporate law, with its ord...
AIR Global Invests $20 Million in Greentank to Advance Crown Switch Vape Platform
On July 29, 2026, AIR Global PLC announced a USD $20 million strategic equity investment in Greentank Innovations, a specialist in advanced vaporization hardware, expanding a partnership first formed in 2023. The deal, struck at a USD $170 million pr...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Sep 30, 2026