American Aires (WIFI) AI Stock Analysis

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American Aires

(CNQX:WIFI)

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Rating:45Neutral

Price Target:CAD 0.05▲(63.33% Upside)

Action:reiterated

Date:02/03/26

The score is held down primarily by weak financial quality (persistent losses, ongoing cash burn, and negative equity). Technicals provide only modest support (short-term strength but still below longer-term trends), while valuation is constrained by negative earnings and no dividend yield data.

Positive Factors

High Gross MarginA robust TTM gross margin (~65%) indicates durable product economics and likely pricing power for EMF-protection devices. High gross margins provide a buffer against input-cost inflation and give room to fund marketing and R&D, supporting long-term margin expansion as sales scale.

Negative Factors

Structural UnprofitabilityPersistently negative operating and net margins (roughly -33% and -35% TTM) indicate the company is not converting sales into sustainable profits. Structural losses imply the need for meaningful cost discipline, pricing changes, or scale gains; without improvement, long-term viability is at risk.

American Aires (WIFI) vs. iShares MSCI Canada ETF (EWC)

Market Cap: CAD 2.32M
Dividend Yield: ―
Average Volume (3M): ―
Price to Earnings (P/E): -0.8
Beta (1Y): -0.03
Revenue Growth: ―
EPS Growth: ―
Country: Canada
Employees: 3
Sector: Technology
Sector Strength: 61
Industry: Hardware, Equipment & Parts

American Aires Business Overview & Revenue Model

Company Description

American Aires Inc. is a nanotechnology company, established in 2012 and headquartered in Vaughan, Canada. The firm focuses on the research, development, manufacturing, and distribution of its own silicon-based microprocessors, which are sold in Cana...

How the Company Makes Money

American Aires primarily makes money by selling its branded EMF-protection products directly to consumers, with revenue recognized from product sales (e.g., wearable/portable EMF-protection devices and related accessories). Additional revenue may com...

American Aires Financial Statement Overview

Summary

Despite improved revenue momentum (TTM revenue up 11.36%) and strong gross margin (~65%), the company remains deeply unprofitable (TTM operating/net margins about -33%/-35%), continues to burn cash (TTM operating/FCF around -$2.8M), and has negative shareholders’ equity (~-$5.6M), indicating elevated financial and funding risk.

Income Statement

28Negative

Balance Sheet

22Negative

Cash Flow

18Very Negative

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Dec 2022	Dec 2021	Mar 2021
Income Statement
Total Revenue	27.37M	18.04M	5.50M	5.82M	2.55M	2.31M
Gross Profit	17.83M	11.27M	2.29M	3.54M	985.41K	701.70K
EBITDA	-8.98M	-8.02M	-3.99M	-2.92M	-5.88M	-7.41M
Net Income	-9.49M	-8.41M	-4.75M	-3.91M	-6.09M	-7.60M
Balance Sheet
Total Assets	3.30M	6.03M	349.46K	1.52M	2.27M	2.12M
Cash, Cash Equivalents and Short-Term Investments	228.73K	1.52M	29.37K	196.10K	275.70K	501.88K
Total Debt	1.75M	755.26K	347.29K	1.78M	763.04K	40.00K
Total Liabilities	8.87M	5.90M	2.44M	3.92M	1.42M	735.87K
Stockholders Equity	-5.56M	134.97K	-2.10M	-2.40M	848.35K	1.39M
Cash Flow
Free Cash Flow	-2.77M	-8.97M	-820.54K	29.90K	-3.04M	-3.99M
Operating Cash Flow	-2.77M	-8.96M	-820.54K	50.34K	-3.03M	-3.99M
Investing Cash Flow	-5,703	-8,202	0	-19.32K	-12.74K	14.00K
Financing Cash Flow	775.97K	10.20M	653.80K	-110.62K	2.82M	1.28M

American Aires Technical Analysis

Technical Analysis SentimentNegative

Last Price0.03

Price Trends

50DMA0.03Positive

100DMA0.03Positive

200DMA0.03Negative

Market Momentum

MACD-0.00Negative

RSI41.31Neutral

STOCH-0.00Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:WIFI, the sentiment is Negative. The current price of 0.03 is above the 20-day moving average (MA) of 0.03, above the 50-day MA of 0.03, and below the 200-day MA of 0.03, indicating a neutral trend. The MACD of -0.00 indicates Negative momentum. The RSI at 41.31 is Neutral, neither overbought nor oversold. The STOCH value of -0.00 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:WIFI.

American Aires Peers Comparison

Overall Rating

UnderperformOutperform

Sector (61)

Financial Indicators

TSE:WIFI against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TSE:CLS	76Outperform	CAD 46.58B	24.66	38.32%	―	60.56%	71.73%
TSE:ZTE	69Neutral	CAD 16.00M	13.65	17.37%	―	10.58%	6.76%
Sector *	61Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
TSE:WIFI	45Neutral	CAD 3.14M	-0.85	77.96%	―	―	―
TSE:HEAT	44Neutral	CAD 25.10M	-1.95	386.86%	―	―	44.84%
TSE:EDY	41Neutral	CAD 9.19M	-3.11	57.50%	―	25.44%	18.90%
TSE:YNV	41Neutral	CAD 9.87M	-1.71	-300.81%	―	38.43%	25.00%

* Technology Sector Average

Performance Comparison

TSE:WIFI and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
TSE:WIFI	American Aires, Inc.	0.03	-0.04	-60.00%
TSE:CLS	Celestica	369.32	-121.29	-24.72%
TSE:HEAT	Hillcrest Energy Technologies Ltd.	0.12	-0.02	-11.11%
TSE:YNV	Ynvisible Interactive	0.06	-0.10	-61.29%
TSE:ZTE	ZTEST Electronics	0.43	0.15	53.57%
TSE:EDY	Eddy Smart Home Solutions Ltd.	1.50	-0.01	-0.66%

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

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: Feb 03, 2026

American Aires AI Stock Analysis