ATI Airtest Technologies Inc. (V:AAT*CA)

Business Focus: Electronic Equipment & Parts (NEC)

Sector:  Technology Industry:  Electronic Equipment & Parts
 
Company Contact
Address: 1520 Cliveden Avenue, Unit 9
DELTA BC V3M 6J8
Tel: 1-403-2210915
Website: https://www.airtest.com
IR: See website
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Key People
George Burton Graham
Chairman of the Board, President
Theodore Konyi
Chief Executive Officer, Director
Murray Graham
Chief Financial Officer
Mike Schell
Vice President
   
Business Overview
ATI Airtest Technologies Inc. is a green technology company. The Company's primary business activity is the manufacture and sale of air testing equipment and related services in Canada and the United States. The Company specializes in control ventilation systems that improve commercial building operating efficiency. It is a manufacturer and distributor of air monitoring technologies. It has developed wireless sensors with real-time communication and control technologies. Its products categories include ventilation control in building, which consists of AirTest product that offers infrared gas sensors for carbon dioxide-based ventilation control; humidity and moisture control, which offers humidity and dew point sensors; parking ventilation control provides gas sensors to control ventilation in parking facilities and other enclosed spaces, and refrigerant gas leak detection provides refrigerant gas sensors.
Financial Overview
For the nine months ended 30 September 2023, ATI Airtest Technologies Inc. revenues decreased 17% to C$1.5M. Net loss applicable to common stockholders decreased 27% to C$594K. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Lower net loss reflects Business development and marketing decrease of 37% to C$354K (expense), Foreign Exchange increase from C$93K (expense) to C$14K (income).
Reporting Currency: Canadian Dollars
Enterprise value: $3.41M as of Sep 30, 2023
Annual revenue (TTM): $2.09M as of Sep 30, 2023
EBITDA (TTM): -$0.64M as of Sep 30, 2023
Net annual income (TTM): -$0.19M as of Sep 30, 2023
Free cash flow (TTM): -$0.83M as of Sep 30, 2023
Net Debt Last Fiscal Year: $1.44M as of Sep 30, 2023
Shares outstanding: 64,512,144 as of Apr 12, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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