AIAI Holdings (AIAI) investor relations material

Executive summary

• AIAI Holdings completed its Direct Listing and acquired multiple portfolio companies, including C.C. Carlton Industries, Constellation Network, MediGuide, Vanguard Health Solutions, AI Research Corporation, and Bond Street Limited, using a mix of stock, options, and contingent consideration.

• The company’s business model centers on rapid AI implementation in acquired companies, aiming for operational improvements and accelerated revenue recognition compared to industry norms.

• As of May 2026, AIAI’s Class A common stock began trading on Nasdaq, and the company became subject to public company reporting requirements.

Financial highlights

• For the three months ended March 31, 2026, AIAI Holdings reported no substantive revenue-generating operations, with expenses primarily related to transaction advisory and general administrative costs.

• Net loss for AIAI Holdings was $2.7 million for the quarter, driven by $2.7 million in transaction advisory costs and minor general and administrative expenses.

• C.C. Carlton Industries (CCCI) reported revenue of $58.9 million, down 5.6% year-over-year, and a net loss of $3.7 million compared to net income of $2.5 million in the prior year.

• CCCI’s gross profit declined 60.9% to $3.5 million, with gross margin dropping from 14.3% to 5.9% due to higher costs and margin compression.

• Adjusted EBITDA for CCCI was negative $1.1 million, a decrease of $5.5 million from the prior year.

Outlook and guidance

• Management expects strong demand for civil construction services at CCCI, driven by Texas population growth and infrastructure needs.

• AIAI anticipates accelerated AI implementation in portfolio companies, targeting faster operational improvements and revenue growth.