Aires Announces Record First Quarter 2025 Revenue of $5.38 Million & 164% YoY Sales Growth

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[{"type":"list","items":[{"val":[{"type":"text","content":"Gross Profit increased 184% YoY","length":31,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross Margin increased 500 basis points to 65%","length":46,"tagName":"p"}]},{"val":[{"type":"text","content":"2025 Guidance maintained: Sales of $28M to $32M, adjusted EBITDA of -$2M loss to $2M profit","length":91,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":168,"olType":false},{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - May 26, 2025) - American Aires Inc. (CSE: WiFi) (OTCQB: AAIRF) ("Aires" or the "Company"), a pioneer in advanced technology designed to optimize electromagnetic field (EMF) environments to support health and well-being, announces filing its unaudited Q1/2025 results on https://www.sedarplus.ca. Unless otherwise indicated, all dollar amounts are reported in Canadian dollars.","length":432,"tagName":"p"},{"type":"text","content":"During the three months ended March 31, 2025, the Company's reported sales increased by 164% year-over-year, for a first quarter record of $5.38 million compared to combined sales of $2.04 million in the year ago quarter. The quarter's increase in reported sales was driven largely by the efficient deployment of scaled-up advertising and marketing budgets, which included strategic partnerships the Company entered into during 2024 with the UFC, the WWE, Canada Basketball, and high profile athletes, including NHL star John Tavares and NBA star RJ Barrett; to note, 2025 will mark the Company's first full year of leveraging its partnerships with UFC, WWE, and Canada Basketball. The quarterly performance extends the Company's multi-year trend of strong revenue growth through widening its user base, opening new market segments, and expanding its overall reach and brand name recognition. To date, Management is pleased with its ability to maintain the strong sales momentum created in late 2024 through the seasonally slow first quarter, which was a key part of the Company's overall strategy for 2025.","length":1127,"tagName":"p"},{"type":"text","content":"Cash as of March 31, 2025 was reported at $1.55 million, and Inventory was reported at $2.20 million. Continued investments in scaling up promotional efforts contributed to increased advertising and marketing expenses in Q1 (see details below), w...

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