American Aires Announces Record Q4 and Annual 2023 Order Volume and Significant Q4 EBITDA Profitability

• Record quarterly order volume of $3.7 million and gross margin of 59%¹
• Record annual order volume of $10.4 million (79% increase YoY) and gross margin of 61%¹
• First significant adjusted quarterly EBITDA profitability¹

Toronto, Ontario–(Newsfile Corp. – April 11, 2024) – American Aires Inc. (CSE: WIFI) (OTC Pink: 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 the filing the Company’s Financial Statements and Management’s Discussion & Analysis (MD&A) for the year ended December 31, 2023 and disclose key performance metrics (non-IFRS and unaudited financial results). To keep financial results comparable on a YoY basis while making them consistent with ongoing and future reporting, all figures below combine the results of Aires and those achieved by HUCK Project…