Company Overview
AIR Global PLC manufactures and sells hookah and inhalation products. Its portfolio includes flavored molasses brands, such as Al Fakher, Shisha Kartel, Zødiac, NameLess, and Kloud King, as well as inhalation devices, such as OOKA and VANT. It sells its products through direct-to-consumer, distributor, and licensed retail channels in approximately 90 markets worldwide. The company was founded in 1999 and is based in Dubai, the United Arab Emirates.
Why Investors Should Care
Generates a return on equity of 22.4%, reflecting efficient use of shareholder capital.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $399.74M (+6.1% YoY); net profit $46.80M.
- Trailing 12 Months Year-on-year growth — revenue +6.1%, earnings +37.2%.
- 5-Year Trend Long-term compounding — revenue CAGR 4.8%, profit CAGR -6.7%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 4.79% |
| 1 Year: | 6.13% |
Compounded Profit Growth
| 5 Years: | -6.68% |
| 1 Year: | 37.17% |
Stock Price Performance
| 1 Year: | -31.29% |
| 6 Months: | -30.21% |
| 3 Months: | +5.60% |
| 1 Month: | +15.48% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMAAbove
- Price vs 200-DMABelow
- RSI (14)50.26 · Neutral
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 22.4%.
- Generates positive free cash flow.
CONS
- Earnings shrank at -6.7% CAGR over 5 years.
- Trading 52.3% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Consumer Defensive).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | AIIR AIR Global PLC | 7.16 | -17.05 | $1.15B | 0.00% | 14.21% | 22.35% | 4.79% | -6.68% |
| 2 | WMT Walmart Inc. SPXR3K | 107.14 | 38.82 | $850.02B | 0.93% | 16.83% | 22.31% | 3.82% | 3.24% |
| 3 | COST Costco Wholesale Corporation NDXSPXR3K | 910.18 | 45.88 | $403.65B | 0.65% | 25.96% | 29.15% | 8.16% | 11.45% |
| 4 | KO The Coca-Cola Company SPXR3K | 88.36 | 26.53 | $380.17B | 2.41% | 16.47% | 42.05% | 2.86% | 4.46% |
| 5 | PG The Procter & Gamble Company SPXR3K | 145.58 | 21.99 | $338.39B | 2.95% | 22.49% | 30.29% | 0.52% | 1.59% |
| 6 | PM Philip Morris International Inc. SPXR3K | 184.73 | 25.37 | $287.92B | 3.09% | 34.03% | -113.55% | -1.69% | 3.57% |
| 7 | PEP PepsiCo, Inc. NDXSPXR3K | 138.45 | 18.15 | $189.12B | 4.43% | 15.41% | 51.51% | 4.93% | 2.11% |
| 8 | BUD Anheuser-Busch InBev SA/NV | 79.73 | 17.18 | $139.30B | 1.69% | 8.49% | 11.39% | 0.88% | 4.63% |
| 9 | BTI British American Tobacco p.l.c. | 55.15 | 14.18 | $118.73B | 5.98% | 12.44% | 13.42% | -2.53% | 5.21% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Jun 2025 | Jun 2026 |
|---|---|---|
| Revenue | 109.89M | 135.69M |
| Cost of Revenue | 51.95M | 58.92M |
| Gross Profit | 57.94M | 76.77M |
| Operating Expenses | 31.08M | 50.43M |
| Operating Income | 26.86M | 26.34M |
| EBITDA | 32.15M | -63.33M |
| Interest Expense | 8.07M | 8.15M |
| Pretax Income | 24.08M | -71.48M |
| Tax Provision | 2.96M | 3.25M |
| Net Income | 21.11M | -74.73M |
| Diluted EPS | 0.13 | -0.51 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Revenue | 364.03M | 376.64M | 399.74M |
| Cost of Revenue | 163.56M | 159.01M | 175.40M |
| Gross Profit | 200.47M | 217.63M | 224.34M |
| Operating Expenses | 108.85M | 122.50M | 136.62M |
| Operating Income | 91.62M | 95.12M | 87.72M |
| EBITDA | 86.80M | 112.99M | 103.24M |
| Interest Expense | 42.87M | 38.33M | 30.34M |
| Pretax Income | 27.57M | 57.01M | 52.84M |
| Tax Provision | -26.73M | 22.92M | 6.03M |
| Net Income | 53.75M | 34.12M | 46.80M |
| Diluted EPS | 0.34 | 0.21 | 0.29 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Total Assets | 680.71M | 656.02M | 723.19M |
| Current Assets | 232.84M | 216.34M | 268.22M |
| Cash & Equivalents | 51.16M | 71.70M | 119.46M |
| Inventory | 55.74M | 55.35M | 55.33M |
| Receivables | 100.08M | 70.50M | - |
| Total Liabilities | 555.09M | 503.74M | 513.82M |
| Current Liabilities | 210.70M | 235.37M | 138.01M |
| Long Term Debt | 319.93M | 250.30M | 357.68M |
| Total Debt | 465.90M | 399.94M | 400.81M |
| Total Equity | 117.86M | 152.28M | 209.37M |
| Shares Outstanding | 160.39M | 160.39M | 160.39M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Operating Cash Flow | 64.98M | 150.87M | 115.89M |
| Investing Cash Flow | -16.56M | -26.18M | -26.77M |
| Financing Cash Flow | -94.69M | -104.14M | -41.37M |
| Capital Expenditure | -15.81M | -22.42M | -25.82M |
| Free Cash Flow | 49.17M | 128.45M | 90.08M |
| Net Change in Cash | -46.27M | 20.54M | 47.75M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|
| Gross Margin % | 55.1% | 57.8% | 56.1% |
| Operating Margin % | 25.2% | 25.3% | 21.9% |
| Net Margin % | 14.8% | 9.1% | 11.7% |
| ROE % | 45.6% | 22.4% | 22.4% |
| ROCE % | 19.5% | 22.6% | 15.0% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Kingsway Capital Partners Ltd | 60.73% | 97.40M | $724.69M |
| 2 | Conifer Management, L.L.C. | 6.03% | 9.67M | $71.92M |
| 3 | Harraden Circle Investments, LLC | 3.12% | 5.00M | $37.19M |
| 4 | Cantor Fitzgerald, L.P. | 2.61% | 4.18M | $31.11M |
| 5 | Walleye Capital LLC | 0.04% | 69.80K | $519.31K |
| 6 | Geode Capital Management, LLC | 0.01% | 11.02K | $81.97K |
| 7 | UBS Group AG | - | 1.75K | $13.03K |
| 8 | Morgan Stanley | - | 50 | $372 |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for AIIR
AIR Announces Participation in Barclays Global Consumer Conference
DUBAI, United Arab Emirates, Sept. 08, 2026 (GLOBE NEWSWIRE) -- AIR Global PLC (“AIR” or the “Company”) (NASDAQ: AIIR), a global leader in advanced flavored inhalation technologies and pioneer of next-generation nicotine delivery systems, t…
AIR Global’s Best-in-Class 1H Performance Amid Disruptions, 2H Recovery – Quarterly Update Report
Download the Complete Report Here AIR Global PLC (AIIR) Best-in-Class Execution Despite Supply Chain Disruption; 2H Recovery and NGC Progress Support Outlook. Valuation Remains Attractive. Key Takeaways: Best-in-class execution supported 3.…
AIR Global’s Best-in-Class 1H Performance Amid Disruptions, 2H Recovery – Downloadable Quarterly Update Report
AIR Global PLC (AIIR) Best-in-Class Execution Despite Supply Chain Disruption; 2H Recovery and NGC Progress Support Outlook. Valuation Remains Attractive. Read Exec Edge’s Initiation on AIR Global PLC Here Download the Complete Report Here …
AIR Global Reports 1H Revenue & Gross Profit Growth, Maintains 2026 Guidance
By Karen Roman AIR Global PLC (Nasdaq: AIIR) said first half revenue increased 3.7% to $206.9 million due to flavored shisha molasses revenue growth of 3.4% to $204.7 million, while gross profit rose 2.4% to $116.8 million. Adjusted EBITDA …
AIR Global Reports 2026 First-Half Results
Revenue increased 3.7% to $206.9 million despite Strait of Hormuz disruptions Adjusted EBITDA remained stable yoy at $71.7 million Expects accelerating growth in the second half of 2026 DUBAI, United Arab Emirates, Aug. 20, 2026 (GLOBE NEWS…
AIR Global PLC to Announce First Half 2026 Financial Results on August 20, 2026
DUBAI, United Arab Emirates, Aug. 06, 2026 (GLOBE NEWSWIRE) -- AIR Global PLC (“AIR” or the “Company”) (NASDAQ: AIIR) will host a live audio webcast on Thursday, August 20, 2026, at 8:00 a.m. Eastern Time to discuss its financial results fo…
AIIR — Frequently Asked Questions
What is the current share price of AIR Global PLC (AIIR)?
As of 2026-09-19 21:16 PDT, AIR Global PLC (AIIR) trades at $7.16 on NasdaqCM. Its 52-week range is $5.62 to $15.00.
What is the market capitalisation of AIIR?
AIR Global PLC (AIIR) has a market capitalisation of $1.15B on NasdaqCM.
What is the P/E ratio of AIIR?
AIIR trades at a trailing price-to-earnings (P/E) ratio of -17.05. The industry average P/E is 18.56. Its price-to-book (P/B) ratio is 5.47.
What is the return on equity (ROE) of AIIR?
AIIR has a return on equity (ROE) of 22.35%. Its return on capital employed (ROCE) is 14.21%.
Is AIIR a good stock to buy?
This page provides a data-driven analysis of AIR Global PLC (AIIR), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.