Avant Brands Inc

AVNT · TO · Healthcare / Drug Manufacturers - Specialty & Generic

0.59CAD+0.04 (+7.27%)

Price History

Full chart

Market Stats

Previous Close0.55

Open0.54

Day Range0.54 – 0.59

52-Week Range0.48 – 1.07

Volume3.00K

Market Cap7.68M

P/E (TTM)0.00

Forward P/E0.00

EPS-0.88

Dividend Yield0.00%

Beta1.46

50-Day Avg0.5946

200-Day Avg0.6891

About

Avant Brands Inc. cultivates, produces, markets, and sells cannabis products in Canada. The company offers recreational cannabis products under the BLK MKT, Tenzo, Cognoscente, Treehugger, Pristine, and Flowr brands. It also provides medical cannabis products under the GreenTec brand. The company distributes cannabis through medical and recreational sales channels, as well as an e-commerce website. It also exports its products through the wholesale channel. The company was formerly known as GTEC Holdings Ltd. and changed its name to Avant Brands Inc. in July 2021. Avant Brands Inc. is headquartered in Kelowna, Canada.

Company Details

SectorHealthcare
IndustryDrug Manufacturers - Specialty & Generic
CEOMr. Norton Singhavon
Employees180
Headquarters1632 Dickson Avenue, Kelowna, BC, Canada, V1Y 7T2, Canada
Websitehttps://www.avantbrands.ca

Leadership

Mr. Norton SinghavonFounder, CEO & Director
Mr. Jeremy Christopher Wright C.M.A., CPAChief Financial Officer · b. 1975
Mr. David BuckleSenior Vice President of Cannabis Operations

Financials

Income Statement

Currency: CAD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Revenue	-	-	-	-	0	0	57.76K	2.36M	7.91M	9.50M	20.15M	26.34M	35.80M	35.90M
Growth (%)	-	-	-	-	-	-	-	+3987.89%	+234.90%	+20.13%	+112.12%	+30.75%	+35.91%	+0.26%
Cost of Revenue	-	-	-	-	-	-	-118.00K	1.04M	1.75M	8.84M	16.23M	13.91M	37.48M	39.55M
Gross Profit	-	-	-	-	-	-	175.63K	1.32M	6.15M	664.00K	3.91M	12.43M	-1.68M	-3.65M
Gross Margin	-	-	-	-	-	-	304.09%	55.95%	77.80%	6.99%	19.43%	47.19%	-4.68%	-10.18%
Operating Expense	-	-	-	-	-	-	10.62M	9.62M	5.87M	6.06M	12.46M	13.88M	11.67M	10.72M
Operating Income	-15.20K	-34.67K	-24.54K	-26.78K	-28.05K	-18.54K	-10.44M	-8.30M	282.00K	-5.39M	-8.54M	-1.45M	-13.35M	-14.38M
Operating Margin	-	-	-	-	-	-	-18079.51%	-351.50%	3.57%	-56.80%	-42.39%	-5.51%	-37.28%	-40.06%
EBITDA	-15.20K	-167.03K	-24.54K	51.24K	-28.05K	11.72K	-11.93M	-7.27M	-5.27M	-9.65M	-1.89M	4.53M	-19.45M	-13.82M
EBITDA Margin	-	-	-	-	-	-	-20652.40%	-307.79%	-66.62%	-101.56%	-9.37%	17.20%	-54.34%	-38.50%
Net Income	-15.41K	-167.16K	-650.19K	51.24K	-207.00K	-24.47K	-10.53M	-9.77M	-10.17M	-11.23M	-7.54M	-5.07M	-22.55M	-9.88M
Net Income Margin	-	-	-	-	-	-	-18228.41%	-413.77%	-128.63%	-118.27%	-37.43%	-19.25%	-62.99%	-27.52%
Interest Expense	213	132	-	-	-	113	437.61K	1.32M	1.59M	1.15M	37.00K	1.27M	1.58M	1.91M
Interest Expense % of Total Revenue	-	-	-	-	-	-	757.69%	56.12%	20.16%	12.09%	0.18%	4.84%	4.42%	5.32%

Balance Sheet

Currency: CAD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Total Assets	124.37K	171.82K	29.19K	141.46K	39.02K	178.15K	40.32M	45.31M	40.80M	50.57M	67.03M	82.55M	59.47M	49.24M
Total Liabilities	39.78K	12.59K	520.15K	348.89K	453.01K	44.14K	7.72M	8.91M	12.38M	2.70M	18.79M	33.22M	26.62M	24.44M
Total Equity	84.59K	159.23K	-490.96K	-207.43K	-413.99K	134.00K	32.59M	36.41M	28.42M	47.87M	43.92M	49.33M	32.85M	24.80M
Cash	61.82K	148.36K	2.78K	119.20K	19.18K	153.12K	917.60K	1.97M	625.00K	14.31M	6.76M	772.00K	1.74M	1.49M
Total Debt	-	-	-	5.00K	5.00K	5.00K	5.57M	7.17M	7.50M	623.00K	3.01M	18.70M	17.01M	15.31M
Net Debt	-61.82K	-148.36K	-2.78K	-114.20K	-14.18K	-148.12K	4.65M	5.20M	6.87M	-13.69M	-3.75M	17.93M	15.27M	13.82M

Cash Flow

Currency: CAD	2012-12-31	2013-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31	2024-12-31	2025-12-31
Operating Cash Flow	-2.66K	-167.46K	-145.58K	-120.87K	-100.03K	-405.36K	-6.14M	-8.56M	-357.00K	-5.62M	-3.46M	5.41M	507.00K	5.75M
Investing Cash Flow	-	-	-	-	-	-4.42M	-22.25M	-2.50M	-1.38M	-1.65M	-3.10M	-7.03M	-78.00K	211.00K
Financing Cash Flow	64.48K	253.99K	-	237.29K	0	539.30K	26.86M	12.11M	393.00K	20.96M	-993.00K	-4.38M	539.00K	-6.21M
Capital Expenditure	0	0	0	0	0	1.95M	13.35M	6.92M	761.00K	594.00K	1.44M	3.56M	106.00K	33.00K
Free Cash Flow	-2.66K	-167.46K	-145.58K	-120.87K	-100.03K	-2.35M	-19.50M	-15.49M	-1.12M	-6.22M	-4.90M	1.85M	401.00K	5.71M
FCF to OCF	100.00%	100.00%	100.00%	100.00%	100.00%	580.88%	317.41%	180.85%	313.17%	110.56%	141.69%	34.26%	79.09%	99.43%

Earnings

Report Date	Jul 14, 2021	Oct 14, 2021	Feb 28, 2022	Apr 15, 2022	Jul 14, 2022	Oct 14, 2022	Mar 1, 2023	Apr 14, 2023	Jul 17, 2023	Oct 17, 2023	Feb 29, 2024	Apr 15, 2024	Jul 15, 2024	Oct 15, 2024	Feb 26, 2025	Apr 11, 2025	Jul 15, 2025	Oct 15, 2025	Mar 2, 2026	Apr 13, 2026	Jul 15, 2026	Oct 15, 2026
EPS Estimate	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
EPS Actual	-0.34	-0.40	-1.16	-0.07	-0.57	0.27	-0.74	0.02	-0.00	0.00	-0.03	-0.01	-0.01	-0.28	-1.34	-0.09	-0.38	-0.17	-0.26	-0.30	-0.24	-
Surprise	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Timing	-	-	-	-	-	-	-	-	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	After-hours	After-hours	After-hours	After-hours	Pre-market	After-hours	After-hours	Pre-market

Key Statistics & Ratios

Market Cap7.68M

Enterprise Value17.83M

Trailing P/E0.00

Forward P/E0.00

Price / Sales0.23

Price / Book0.40

EPS-0.88

Book Value1.41

Revenue (TTM)33.64M

Gross Profit (TTM)3.51M

EBITDA-6.56M

Profit Margin-35.07%

Operating Margin-35.71%

Return on Equity-47.17%

Return on Assets-10.41%

Shares Outstanding15.07M

Shares Float14.05M

Beta1.46

Dividend Yield0.00%

Dividend Rate0.00

Payout Ratio0.00%

Stock Splits

Aug 30, 20241:30