Avante Corp

Avante Corp

1.72
CAD
+0.32
(+22.86%)
-0.11EPS
Dec 02Next Earn

Important Dates

Avante Corp's next confirmed earnings release is scheduled for December 2, 2026.

Earnings Date12/2/2026

Share Statistics

As of June 30, 2026, Avante Corp has 26.65M shares outstanding.

Shares Outstanding26.65M

Financial Position

As of June 30, 2026, Avante Corp maintains a current ratio of 1.35, meaning it holds 1.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 12.96, indicating elevated leverage, while an interest coverage ratio of 5.97 demonstrates adequate ability to service its debt obligations.

Current Ratio1.35
Quick Ratio1.21
Debt / Equity12.96
Debt / EBITDA0.74
Interest Coverage5.97

Financial Efficiency

CAD

Over the twelve months ended June 30, 2026, Avante Corp posted a negative return on equity (ROE) of -25.46, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -12.41, reflecting losses generated across the asset base. The company generates approximately 21,054.18 in revenue per employee across its workforce of 1,828.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 22.42 indicates how many times Avante Corp sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-25.46
Return on Assets (ROA)-12.41
Revenue Per Employee21,054.18
Employee Count1,828.00
Inventory Turnover22.42

Taxes

CAD

Over the twelve months ended June 30, 2026, Avante Corp recorded 100,633.00 in income tax expense. The company reported a pretax loss of -2.80M and -2.87M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax100,633.00

Stock Price Statistics

CAD

As of the close on October 13, 2026, Avante Corp's stock has gained approximately 93.26% over the past 52 weeks. The 50-day moving average sits at 1.02, while the 200-day moving average is 0.94.

52-Week Price Change93.26%
50-Day Moving Average1.02
200-Day Moving Average0.94

Income Statement

CAD

Over the twelve months ended June 30, 2026, Avante Corp generated 38.49M in revenue and converted that into -2.87M in net income, yielding earnings per share of -0.11. EBITDA reached 1.76M, while operating income came in at 87,636.00.

Revenue38.49M
Gross Profit16.75M
Operating Income87,636.00
Pretax Income-2.80M
Net Income-2.87M
EBITDA1.76M
EBIT87,636.00
Earnings Per Share (EPS)-0.11

Balance Sheet

CAD

As of June 30, 2026, Avante Corp holds 6.77M in cash and equivalents against 1.30M in total debt, resulting in a net debt position of -6.66M. Total book value stands at 9.93M, with working capital of 3.64M providing operational flexibility.

Cash & Cash Equivalents6.77M
Total Debt1.30M
Net Debt-6.66M
Equity (Book Value)9.93M
Book Value Per Share0.37
Working Capital3.64M

Cash Flow

CAD

Avante Corp produced 4.68M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -993,154.00 in capital expenditures, free cash flow totaled 3.69M - equivalent to 0.14 per share.

Operating Cash Flow4.68M
Capital Expenditures-993,154.00
Free Cash Flow3.69M
FCF Per Share0.14

Margins

Over the twelve months ended June 30, 2026, Avante Corp posted a gross margin of 43.52, reflecting its pricing power and cost economics. The operating margin of 0.23 and net profit margin of -7.45 provide insight into operational efficiency.

Gross Margin43.52
Operating Margin0.23
Pretax Margin-7.27
Profit Margin-7.45
EBITDA Margin4.57

Stock Splits

Avante Corp's most recent stock split took place on October 31, 2018 with a 5:1 split ratio.

Last Split Date10/31/2018
Split Ratio5:1