Educational research only—not investment advice or a recommendation. Scores and estimates may use delayed, incomplete, restated, or corrected market and filing data. Independently verify information before making an investment decision.

Air Global PLC Ordinary Shares

AIIRNASDAQ
Wall Street Score · overall investment25/100
$7.58USD$-0.03 (-0.39%)
Company website www.air.global
HeadquartersFestival Office Tower, Dubai, 50819, AE
Financial statement currencyUSD · no FX conversion applied
Consumer Defensive · Tobacco
Price updated todayFinancials updated Oct 1, 2026

AIIR · Price history

Price at last available close

$7.58

+$0.52 (+7.37%) 1M

2026-10-27

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Company & revenue

About Air Global PLC Ordinary Shares

Primary reporting period: 2025-12-31 · Research updated Oct 12, 2026. A research update is not a new financial filing.

Who they are

Established in 1999, AIR Global PLC is headquartered in Dubai, United Arab Emirates. The company focuses on the production and distribution of hookah and other inhalation devices. It primarily conducts its sales through an online business-to-business (B2B) platform.

How they make money

AIR Global PLC operates as a global consumer brands and innovation company focused on the development, manufacturing, and distribution of social inhalation products. The company generates revenue primarily through the sale of flavored shisha molasses and proprietary inhalation devices across more than 90 markets worldwide.

Products & services

The company produces flavored shisha molasses and inhalation devices, including the OOKA and VANT systems.

Brands & revenue mix

Al Fakher

Flagship flavored molasses brand.

Separate brand revenue is not available in this research.Source

Shisha Kartel

Flavored molasses brand.

Separate brand revenue is not available in this research.Source

Zødiac

Flavored molasses brand.

Separate brand revenue is not available in this research.Source

NameLess

Flavored molasses brand.

Separate brand revenue is not available in this research.Source

Kloud King

Flavored molasses brand.

Separate brand revenue is not available in this research.Source

OOKA

Inhalation device brand.

Separate brand revenue is not available in this research.Source

VANT

Inhalation device brand.

Separate brand revenue is not available in this research.Source

Revenue share is not unit sales or a best-seller ranking. Parent brands and included sub-brands can overlap; do not add overlapping rows.

Product / operating segments

No reconciled product or operating-segment revenue breakdown is available for the current research period. Company-wide revenue remains separate from segment disclosure.

Geographic revenue

No reconciled geographic revenue breakdown was confirmed for the current research period.

Customer types

  • Global retail and distribution partners in the tobacco and social inhalation marketSource

Customer concentration

No quantified customer-concentration disclosure is available in the current saved research.

Suppliers, materials & equipment

  • supplier_category — The company relies on various third-party manufacturers and raw material suppliers for the production of molasses and electronic inhalation components; specific supplier names are not disclosed.Source

Strengths

  • Global presence in over 90 marketsSource

Risks

  • Supply chain disruptions, such as those in the Strait of HormuzSource

Wall Street Score

Overall investment score · Quality, value, risk and opportunity

25

Poor

PoorElite

View category scores →

Company Quality

How good is the actual business—regardless of today’s stock price?

49

Weak

Financial Strength

44

Business Quality / Moat

80

Management

44

Growth Quality

34

Risk / Durability

23

Weak Company · Expensive Stock

Uses financial strength, moat, management, growth quality and durability. It excludes share price, P/E, market cap, intrinsic value and margin of safety.

Opportunity

Opportunity Score · How does the current price compare with estimated value?

40

Avoid

Based on current valuation, company quality, recent trends, and available market signals.

View score details →

Model Outlook

12-month model · What does the model think happens next?

49/100

Building Historical Record

Model Score 49/100 — estimates relative performance potential, distinct from the overall Wall Street Score and the separate Company Quality score.

Probability unavailable — the model has not produced a calibrated probability yet.

Click for full breakdown →

WSS View

The quick read

The overall Wall Street Score is low across its combined quality, valuation and risk inputs. This can reflect an expensive share price, business weaknesses, or both; check Company Quality and the category breakdown before drawing a conclusion.

At today’s price, the WSS valuation framework currently reads as less attractive based on the available valuation and market data.

The model outlook is currently cautious.

What we like
  • •Recent buyback activity is present
What to watch
  • •Material dilution — approximately 357.2% share-count growth
  • •Valuation is a weaker part of the current profile
  • •Revenue fundamentals are weak
  • •Asset quality is a weaker factor

Company-specific research

Questions worth answering for AIIR

Research inputs 100% complete

These questions are generated from this company's current financial and score data so the page adds context instead of treating the headline score as a stand-alone conclusion.

  • •Can AIIR maintain its current revenue growth rate and improve the amount of that revenue that turns into earnings and cash?
  • •Is AIIR's positive free cash flow repeatable, or is the current level being helped by temporary working-capital or spending changes?
  • •Is AIIR's debt load manageable relative to cash generation, interest costs and upcoming maturities?
  • •What specifically needs to improve for AIIR to reach sustainable profitability?
  • •What future growth or profitability would be needed to justify AIIR's current valuation?
Material dilution — approximately 357.2% share-count growth
Business analysis: 15 days ago · Fresh

Essential Investment Snapshot

Wall Street Score

25

0–100 · Poor

Opportunity Score

40

0–100 · Weak

Market Cap

$1.22B

P/E Ratio

-3.8

EPS

$-2.02

52-Week High

$15.30

52-Week Low

$5.29

Beta

-0.31

Analyst Target

$10.00

Shares Outstanding

160.4M

Total Revenue

$135.7M

Total Debt

$422.1M

Dividend

No current dividend

View dividend history

Liquidation Value / Share

$1.20

Estimated net asset value per share

Momentum & Volatility Signals

Two different market-behavior signals. Momentum measures direction and trend strength. Volatility measures how large and unstable the price moves are, regardless of direction.

0–100 market signals
Momentum
53/ 100
+1 pts / 5d

Neutral / mixed momentum

5D +2.2% · 20D -2.2% · RSI 40 · Price vs 20D avg +0.1%
Volatility
31/ 100
-11 pts / 5d

Low movement

20D realized vol 37.4% · 60D 71.4% · Acceleration 0.52x
Momentum = Where is it going?

A high momentum score means price has been trending upward with confirming short- and medium-term strength. A low score means downward or weakening momentum.

Volatility = How violently is it moving?

A high volatility score means larger, less stable price swings. It can happen while a stock is rising or falling, so high volatility is not automatically bullish or bearish.

Important: the volatility score above is based on realized price volatility. Implied volatility (IV) comes from options prices and represents the market's expected future movement. Wall Street Score will keep IV separate and will only display it when a verified options-chain feed is available.

Notices for AIIR

Detected from reported data — verify before acting.

Material dilution — approximately 357.2% share-count growth

Shares outstanding increased approximately 357.2% across stored score snapshots. This is material dilution and is applying a Wall Street Score ceiling of 25.

Historical repurchase activity

Reported cash flows or share-count measures indicate past repurchase activity. This does not verify an active buyback authorization or future purchases.

Community Sentiment

0 active · 0 total calls
0% Bullish (0) 0% Bearish (0)

No personal call yet on AIIR.

Potential upside factors

  • +Growth opportunities may come from revenue expansion, margin improvement, new products, market-share gains, and stronger cash flow.
  • +Global presence in over 90 markets.
  • +Positive free cash flow may provide capacity to invest in growth.

Potential downside factors

  • −Key risks may include competition, margin pressure, debt levels, valuation risk, and changes in demand within the Tobacco industry.
  • −Supply chain disruptions, such as those in the Strait of Hormuz.
  • −Shares outstanding increased approximately 357.2% across stored score snapshots. This is material dilution and is applying a Wall Street Score ceiling of 25.

These research factors come from saved company research and financial data, not community votes. They are starting points to verify against filings, not buy or sell recommendations.

Create a free account to make a call.

Scores

Click any score for full breakdown
Wall Street Score
Weak25/ 100
Weak (0–50)Fair (51–71)Strong (72+)

Poor

25

Tap for breakdown →

Fair

50

Debt Cost7.6%
Debt Reduction YoY-0.2%
Debt / Equity1.91x

Tap for breakdown →

Poor

1

Revenue YoY0.0%
Revenue CAGR-38.9%
Net Margin-52.2%

Tap for breakdown →

Poor

35

Asset Growth YoY10.2%
Liquidation/Share$1.20
Net Assets/MCap0.28x

Tap for breakdown →

Poor

4

Earnings Yield-5.8%
Buyback Yield0.6%
Debt Cost7.6%

Tap for breakdown →

Weak

44

ROIC13.9%
ROE-36.8%
ROA-9.3%

Tap for breakdown →

Strong

80

EPS Growth-54.5%
FCF/Share Growth210.0%
Rev/Share Growth369.2%

Tap for breakdown →

Poor

0

Intrinsic Value—
Value Reference—
MOS—

Tap for breakdown →

Poor

37

Revenue1
Moat80
Valuation0

Tap for breakdown →

Poor

0

MOS %—
Value Reference—
Deep Discount Reference—

Tap for breakdown →

Poor

12

Interest Coverage2.7x
ROIC13.9%
FCF Yield7.4%

Tap for breakdown →

Poor

25

Financial12
Valuation0
Debt50

Tap for breakdown →

Weak

47

Survival Years1.2 yrs
Current Ratio1.94x
FCF Margin66.4%

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Score Changes

5 historical score records available

Previous Score

29

Sep 8, 2026

Change

-4.2

points

Current Score

25

Oct 1, 2026

Category Changes

Revenue-3.9
Debt-17.0
Assets-0.6
Capital0
Management0
Moat0
Valuation0
Buffett-5.1

AIIR decreased 4.2 points because Debt declined by 17 points, Revenue declined by 3.9 points, Buffett declined by 5.1 points.

Negative Contributors

  • − Debt declined by 17 points
  • − Revenue declined by 3.9 points
  • − Buffett declined by 5.1 points

Projected Score

Projected Score

28

Projected Change

+3.2 points

Preliminary comparable-period financial changes suggest improvement of approximately 3.2 points. This is a projected estimate, not the official WallStreetScore.

Price vs. Value

Valuation unavailable

Current Price

$7.58

Model Intrinsic Value

—

Difference

—

Margin of Safety

—

Value Reference: —
Deep Discount Reference: —

Intrinsic value is not currently available for this stock, so valuation can't be calculated.

Financial Charts

Revenue

202320242025$0$100M$200M$300M$400M

Additional Metrics

Operating Cash Flow

202320242025$0$40M$80M$120M$160M

Total Debt

202320242025$0$150M$300M$450M$600M

Total Assets

202320242025$0$200M$400M$600M$800M

Net Margin %

No data
Monetary values in USD. Share counts in raw units.

Free includes 3 annual periods plus available TTM; Premium includes up to 10 annual periods. History depends on available company filings. Swipe the table horizontally to see older periods. A dash means unavailable, not zero.

Line ItemTTM202520242023
Revenue$135.7M$399.7M$376.6M$364.0M
Cost of Revenue$58.9M$175.4M$159.0M$163.6M
Gross Profit$76.8M$224.3M$217.6M$200.5M
Research & Development$0.00$0.00$0.00$0.00
SG&A Expenses$54.9M$124.4M$111.3M$101.0M
Operating Expenses$54.9M$141.2M$126.6M$124.4M
EBITDA$30.2M$103.2M$113.0M$86.8M
Operating Income$21.8M$83.2M$91.0M$76.0M
Interest Expense$8.1M$30.3M$38.3M$42.9M
Income Before Tax-$67.6M$52.8M$57.0M$27.6M
Income Tax Expense$3.2M$6.0M$22.9M-$26.7M
Net Income-$70.9M$46.8M$34.1M$53.7M
Basic EPS$-2.02$0.10$0.22$0.35
Basic Shares35.08M35.08M155M155M
Diluted Shares35.08M35.08M155M155M

Earnings Summary

Estimated earnings date:A future estimated earnings date is not currently available.
Jun 30, 2026Q2FY2026

Revenue

$135.7M

Estimate unavailable.

Revenue Beat/Miss

Not available (no estimate stored)

EPS

-$2.13

Estimate unavailable.

EPS Beat/Miss

Not available (no estimate stored)

Debt Change

Not available

Cash Change

+20987.3%

Margin Change

Not available

Debt and cash show percentage changes versus the comparison period; margin shows the change in percentage points (pp). These are company-wide changes, not per-share amounts.

Financial Changes Since Prior Period

What Improved

  • Cash position grew

Potential Score Impact

Positive indicators included EPS growth, cash levels. These factors may support or pressure the Revenue, Management, Financial, and Debt categories; this summary does not claim that the stored scores changed.

Stored Earnings Analysis

EPS increased 118233.3%. Cash increased 20987.3%.

Earnings-Call Transcript

Earnings-call transcript analysis is not currently available.

These results may influence future scores when the next evaluation is completed.

Upgrade to Premium to unlock all earnings history.View plans
Earnings data: 120 days ago · Stale

Insider Activity

Guru / Smart Money

Guru Score

Smart Money

Number of Gurus

Total Guru Value

Avg Portfolio Weight

Largest Holder

Largest Holder %

New Positions

Increased Positions

Reduced Positions

Exited Positions

Net Guru Sentiment

Short Interest

Government disclosed trading activity is available on the Smart Money directory. Filings may be delayed and may not represent complete current holdings.

Dividend History

Dividend data is not available yet. Missing data does not mean this company pays no dividend.

Conservative Projected Values

3 Years

$———.——

Premium

5 Years

$———.——

Premium

10 Years

$———.——

Premium

Conservative Projection Rate

——%

Premium

Conservative Projected Values — price projections derived from actual 10-year adjusted historical returns, conservatively adjusted and capped at 8% annually. These are distinct from the Outperformance Model Score and WallStreetScore.

Conservative Projected Values

Premium unlocks the 3-year, 5-year, and 10-year conservative projected values with full calculation breakdowns based on actual historical returns.

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Historical Outperformance Record

Premium includes stored forecasts and any available evaluated results. Completed results, win rates and calibrated probabilities are shown only when supported records exist; access does not create historical outcomes.

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Historical Trends

5 historical records
Jul 19, 26Aug 11, 26Sep 1, 26Sep 8, 26Oct 1, 260255075100

Historical Score Chart

3 of 5 records shown
3 historical score records are shown. Start your seven-day free trial to unlock 2 more records and the complete score history.Start Free Trial

Wall Street Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Debt Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Revenue Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Asset Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Capital Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Management Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Moat Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Valuation Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Buffett Score

Sep 1, 26Sep 8, 26Oct 1, 260255075100

Intrinsic Value

No data

Value Reference

No data

Margin of Safety %

No data

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News

Rumor Mill · AIIR

Corporate developments & opportunities

Explore market →

No reviewed developments match this filter.

Evidence credibility is not a forecast of stock performance. Rumor Mill is separate from the WSS score.

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Highest Wall Street Score stocksStocks under $10How Wall Street Score worksHow to analyze a stockUnderstanding financial healthIntrinsic value guide

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