Airwa Inc. (NASDAQ: YYAI)

Airwa Inc. after completing the acquisition of Yuanyu Enterprise Management Co Limited operates through its subsidiary YYEM which focuses on technology licensing for an AI powered matchmaking platform and on developing a social networking vertical for TikTok users in the Middle East and North Africa region. The company is headquartered in Hong Kong where YYEM conducts its business and holds a portfolio of patents covering artificial intelligence and metaverse technologies.

Airwa Inc. generates revenue primarily from licensing fees paid by partners who use YYEM's matchmaking technology and from fees earned under its multi channel network agreement with TikTok for content creation and distribution in the MENA region. In the fiscal year ended April 30 2025 the company reported royalties of twelve point eight million dollars from its technology licensing business.

The company operates through the following segments: Technology Licensing and Social Networking.

• The Technology Licensing segment provides an AI powered matchmaking platform that includes patented algorithms metaverse capabilities customizable safety features engagement tools and analytics which are licensed to business to business partners who integrate the technology into their own matchmaking products.

• The Social Networking segment creates and sells content to TikTok for users in the Middle East and North Africa under a multi channel network agency services agreement that includes live streaming voice chat rooms gaming and influencer driven user generated content with fees based on user conversion rates.

Airwa Inc. positions itself as a specialized provider of matchmaking technology in a global online dating market that is valued between six and nine billion dollars annually and is projected to grow at six to nine percent per year. The company differentiates itself through its patented proprietary technology its focus on cultural adaptability and its partnership model with local licensees which gives it an advantage over larger international players that often use a one size fits all approach. Key competitors include large dating app operators such as Match Group while Airwa Inc. competes on the technology supply side rather than directly with consumer facing apps.

Airwa Inc. serves business to business licensees located in Hong Kong for rights in Japan and South Korea in the United Kingdom for rights in the United Kingdom and Europe and in the United States for rights in Sub Saharan Africa. Additionally the Social Networking segment works with TikTok as a platform partner to reach end users in the Middle East and North Africa region.