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air advanced inhalation rituals AIR Global Reports 2026 First - Half Results August 20 , 2026 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 NEWSWIRE ) AIR Global PLC ( NASDAQ : AIIR ) , the global leader in Flavored Shisha Molasses ( " FSM " ) , today announces its first results as a public company for the six - month period ending June 30 , 2026 , post its listing on the Nasdaq on 18 May 2026. Unless otherwise specified , all comparative information in this release is presented by reference to the corresponding period of the preceding year . Stuart Brazier , Chief Executive Officer of AIR Global , said : " Our first half 2026 performance is a testament to the resilience of AIR's business , the strength of our global brands and the depth of our organizational culture . Despite unprecedented challenges following the closure of the Strait of Hormuz , a route through which approximately 70 % of our historical shipment volumes have been transported , we delivered revenue growth of 3.7 % and stable adjusted EBITDA . End - consumer demand held steady throughout the period and shipment volumes have staged a strong recovery since the acute supply chain disruptions we experienced in March , when shipment volumes declined 38.6 % . Volume growth resumed in June , and we expect this positive momentum to continue into the second half of 2026 . I would like to thank every AIR employee for their commitment , agility and determination during an exceptionally challenging period . Their efforts enabled us to adapt rapidly , establish alternative supply routes and continue serving our customers around the world with minimal interruption . This execution reinforces our confidence in our strategy to drive sustainable long - term growth and value creation . " Webcast and Q & A Session : AIR Global PLC will hold a live webcast for investors and analysts at 8:00 AM ET on August 20 , 2026 , hosted by Stuart Brazier , CEO and Bassem Lotfy , CFO . The presentation will be followed by a Q & A session . The webcast and presentation slides will be available to view on our website at News / Events . Conference call dial in details : +1 877 407 0752 or +1 201 389 0912. Alternatively , participants may use the Call Me TM service for immediate access to the event via the following link : Call ME . The Call Me ™ service will be available 15 minutes prior to the scheduled start time . Results Highlights - H1'26 Metric H1326 H125 YoY % Revenue ( $ m ) 206.9 199.5 3.7 % Gross profit ( $ m ) 116.8 114.0 2.4 % Operating ( loss ) / profit ( $ m ) ( 63.6 ) 51.5 NM ( Loss ) / profit for the period ( $ m ) ( 81.8 ) 31.9 NM EBITDA ( $ m ) ( 52.1 ) 61.0 NM Adjusted EBITDA ( $ m ) Basic EPS ( $ ) 71.7 ( 0.57 ) 71.7 0.1 % 0.22 NM • FSM shipment volumes declined 9.0 % in H1'26 . Global Travel Retail ( GTR ) volumes declined 46.5 % - excluding GTR , FSM shipment volumes declined 6.6 % . • Revenue increased 3.7 % to $ 206.9 million , driven primarily by FSM revenue growth of 3.4 % to $ 204.7 million . Price / mix growth was very strong at 14.0 % due to accelerated pricing actions in H1'26 to offset cost inflation . Price / mix growth was especially strong in the MEAA region at 17.1 % . • Net loss for the period was $ 81.8 million in the first half of 2026 , heavily impacted by several one - time items , including : o $ 48.2 million of a listing expense in accordance with accounting rules , mainly related to the 4.2 million shares issued to the SPAC sponsor at the time of listing ( of which 2.7 million shares are vested , and 1.5 million shares