Breakdown | |||||
TTM | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
31.67M | 24.95M | 19.96M | 18.16M | 91.72M | 55.74M | Gross Profit |
9.86M | 2.68M | 8.12M | 7.85M | 20.83M | 13.86M | EBIT |
-2.57M | -2.14M | -481.39K | -1.48M | 1.03M | -3.27M | EBITDA |
-1.91M | -1.48M | -1.62M | -3.90M | -2.80M | -623.59K | Net Income Common Stockholders |
-4.10M | -3.03M | 32.31K | -4.39M | -2.90M | -2.65M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
5.04M | 6.03M | 10.11M | 354.08K | 1.62M | 1.34M | Total Assets |
23.96M | 25.17M | 25.58M | 42.94M | 44.11M | 49.10M | Total Debt |
1.49M | 1.47M | 2.13M | 9.71M | 13.92M | 15.95M | Net Debt |
-3.55M | -4.56M | -7.98M | 9.35M | 12.30M | 14.61M | Total Liabilities |
11.54M | 11.66M | 8.80M | 26.89M | 32.47M | 34.22M | Stockholders Equity |
12.46M | 13.53M | 16.78M | 16.05M | 11.63M | 14.51M |
Cash Flow | Free Cash Flow | ||||
-138.29K | -1.23M | -4.71M | 1.70M | 2.96M | -4.90M | Operating Cash Flow |
905.30K | -992.58K | -3.76M | 1.82M | 3.97M | -4.66M | Investing Cash Flow |
-997.13K | -1.92M | 23.02M | -801.21K | 213.02K | -6.84M | Financing Cash Flow |
-595.00K | -1.17M | -9.50M | -177.65K | -3.90M | 10.67M |
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
---|---|---|---|---|---|---|---|
71 Outperform | C$1.12B | ― | -37.61% | 0.92% | -4.18% | -13856.25% | |
69 Neutral | C$41.24M | 151.72 | 1.37% | ― | 7.57% | -95.03% | |
68 Neutral | C$165.36M | ― | -1.93% | 0.56% | -13.99% | -421.95% | |
62 Neutral | $7.67B | 13.25 | 3.04% | 3.47% | 3.63% | -13.99% | |
51 Neutral | C$21.32M | ― | -26.97% | ― | 37.38% | -41.34% | |
34 Underperform | $3.95M | ― | -347.00% | ― | -82.55% | -121.91% | |
28 Underperform | C$71.31M | ― | 2492.91% | ― | 19.47% | -9.09% |
Avante Corp Inc. has launched WALL-E, a mobile, AI-powered security tower designed for remote and high-risk locations. This solar-powered system uses Avante’s Halo technology for real-time threat detection, integrating AI video analytics for facial recognition and weapon detection. The company has appointed Joshua McVey as National Sales Manager to spearhead the market expansion of WALL-E across Canada. McVey’s experience in enterprise security sales and strategic partnerships is expected to accelerate the commercial deployment of WALL-E, reinforcing Avante’s position as a leader in next-generation security solutions.
Avante Corp. reported a 21% increase in revenue and a 74% rise in Adjusted EBITDA for Q3 fiscal 2025, reflecting strong growth and operational efficiency. The company attributes its success to the NSSG acquisition and robust demand for its security solutions, positioning it for continued expansion and innovation in the industry.
Avante Corp Inc. has announced an investor webinar scheduled for February 26, 2025, where they will provide a corporate update and discuss the fiscal third quarter results. Hosted by CEO Emmanuel Mounouchos and CFO Raj Kapoor, this webinar reflects Avante’s commitment to transparency and stakeholder engagement as it continues to expand its security solutions and services globally.
Avante Corp Inc. has launched Avante Verified, a Human-in-the-Loop security service, in the United States, aimed at revolutionizing school safety through AI-powered threat detection and human intervention. The service is currently being implemented in Artesia Public Schools, New Mexico, with plans to expand to other school boards across the nation. The company also reassures stakeholders that recently announced U.S. tariffs will have minimal impact on its operations, as their business largely operates outside the United States and does not involve shipping physical goods across the U.S.-Canada border.
Avante Corp Inc. has announced a significant milestone with over a 100% increase in sales of its Avante Black division for fiscal 2025 compared to the previous year. The division, which now contributes more than 10% to the company’s total revenues, provides comprehensive security solutions, including 24/7 protection and innovative technology like the untraceable Avante Black Phone, setting new standards in the security industry.