American Aires' Q2 2024 Results: C$1.65M Net Loss and C$2.79M Revenue

Monday, 26 August 2024, 20:40

American Aires reports a net loss of C$1.65M and revenue of C$2.79M for Q2 2024. Despite the loss, the company achieved a remarkable 45% year-over-year sales growth. With a GAAP EPS of $1.65, investors are keenly monitoring developments.
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American Aires' Q2 2024 Results: C$1.65M Net Loss and C$2.79M Revenue

American Aires Sees Strong Growth Despite Loss

American Aires (AAIRF) has announced its financial performance for the second quarter of 2024, revealing a net loss of C$1.65M alongside revenue of C$2.79M. The company's impressive year-over-year sales growth of 45% demonstrates its potential in a competitive market.

Key Financial Metrics

  • Net Loss: C$1.65M
  • Revenue: C$2.79M
  • GAAP EPS: $1.65

As American Aires continues to innovate and expand its reach, the investment community is taking a closer look at its evolving strategy to improve profitability in upcoming quarters.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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