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Avant Brands Inc

Healthcare US AVTBF

0.33USD
-0.0125(3.65%)

Last update at 2024-12-26T18:46:00Z

Day Range

0.330.33
LowHigh

52 Week Range

0.353.57
LowHigh

Fundamentals

  • Previous Close 0.34
  • Market Cap4.44M
  • Volume1151
  • P/E Ratio-
  • Dividend Yield-%
  • EBITDA-12.99200M
  • Revenue TTM29.67M
  • Revenue Per Share TTM3.08
  • Gross Profit TTM 3.91M
  • Diluted EPS TTM-1.16

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Type yearly yearly yearly yearly yearly
Date 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Income before tax -6.25400M -12.33000M -8.54500M -9.59300M -12.95036M
Minority interest -0.92400M - - 0.00000M 0.00939M
Net income -7.54200M -11.23400M -10.17100M -9.76900M -10.52744M
Selling general administrative 9.46M 6.38M 4.78M 8.62M 10.28M
Selling and marketing expenses - - - - -
Gross profit 3.91M 1.90M 6.15M 1.32M 0.18M
Reconciled depreciation 4.37M 1.60M 1.26M 1.00M 0.19M
Ebit -8.54200M -5.50100M -0.01000M -8.29900M -10.29400M
Ebitda -1.88800M -9.57900M -5.69400M -7.26700M -12.31778M
Depreciation and amortization - - - - -
Non operating income net other - - - - -
Operating income -8.54200M -3.86200M 1.65M -8.29900M -10.44116M
Other operating expenses - - - - -
Interest expense 0.00000M 1.15M 1.59M 1.32M 0.44M
Tax provision 0.36M -1.19900M 1.20M -0.01900M -2.41352M
Interest income - - - - 0.02M
Net interest income -0.03700M -1.14800M -1.59400M -1.32500M -0.41396M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense 0.36M -1.19900M 1.20M -0.01900M -2.41400M
Total revenue 20.15M 9.50M 7.91M 2.36M 0.06M
Total operating expenses 28.69M 13.36M 6.26M 10.66M 10.50M
Cost of revenue 16.23M 7.60M 1.75M 1.04M -0.11787M
Total other income expense net 2.33M -7.32000M -8.59700M 0.03M -2.09524M
Discontinued operations - -0.10300M -0.42700M -0.19500M -0.19500M
Net income from continuing ops -6.61800M -11.13100M -9.74400M -9.57400M -10.53683M
Net income applicable to common shares -7.54200M -11.23400M -10.17100M -9.76900M -10.52800M
Preferred stock and other adjustments - - - - -
Breakdown 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Type yearly yearly yearly yearly yearly
Date 2023-11-30 2022-11-30 2021-11-30 2020-11-30 2019-11-30
Total assets 82.55M 67.03M 50.57M 40.80M 45.31M
Intangible assets 2.06M 3.87M 3.20M 8.10M 9.90M
Earning assets - - - - -
Other current assets - 4.15M 1.95M 2.42M 0.81M
Total liab 33.22M 18.79M 2.70M 12.38M 8.91M
Total stockholder equity 49.33M 43.92M 47.87M 28.42M 36.41M
Deferred long term liab - - - - -
Other current liab - - - 1.50M 0.03M
Common stock - 94.54M 92.74M 62.21M 59.91M
Capital stock 104.57M 94.54M 92.74M 62.21M 59.91M
Retained earnings -65.91300M -59.28900M -51.74700M -40.40500M -29.68500M
Other liab - 13.09M - 1.20M -
Good will 6.02M 6.02M 0.18M 1.09M 7.68M
Other assets - - - 0.11M 0.31M
Cash 0.77M 6.76M 14.31M 0.62M 1.97M
Cash and equivalents - - - - -
Total current liabilities 21.22M 3.29M 2.40M 5.92M 8.91M
Current deferred revenue - - - - -
Net debt 6.14M - - 5.95M 5.20M
Short term debt - - - - -
Short long term debt 6.92M - - 1.96M 7.17M
Short long term debt total - - - - -
Other stockholder equity - - - 0.09M 0.09M
Property plant equipment - 28.65M 17.07M 18.30M 19.19M
Total current assets 35.19M 27.49M 26.17M 10.54M 6.49M
Long term investments - 1.00M 3.95M 2.67M 1.75M
Net tangible assets - 34.03M 44.49M 19.23M 18.83M
Short term investments 0.02M 0.02M 0.18M 0.00000M 0.54M
Net receivables 2.96M 4.41M 2.35M 2.07M 1.87M
Long term debt - - - 4.62M -
Inventory 28.94M 10.46M 6.17M 4.97M 1.01M
Accounts payable 13.02M 2.68M 1.61M 1.19M 1.70M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income - - - - -
Additional paid in capital - - - - -
Common stock total equity - - - - -
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other - - - - -
Deferred long term asset charges - - - - -
Non current assets total 47.36M 39.54M 24.40M 30.46M 38.83M
Capital lease obligations 10.04M 3.01M 0.62M 0.92M -
Long term debt total - - - - -
Breakdown 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Type yearly yearly yearly yearly yearly
Date 2022-11-30 2021-11-30 2020-11-30 2019-11-30 2018-11-30
Investments -1.80200M -1.55500M -1.34500M -1.34500M -0.19200M
Change to liabilities 0.21M -0.41600M 1.06M -0.26800M 1.78M
Total cashflows from investing activities -3.09500M -1.64900M -0.96200M -2.49800M -22.24700M
Net borrowings -0.69500M -6.75300M 0.55M 0.50M 6.55M
Total cash from financing activities -0.99300M 20.96M 0.58M 12.11M 26.86M
Change to operating activities -2.74200M -1.17100M -0.92400M -0.63500M -0.04700M
Net income -7.54200M -11.23400M -10.17100M -9.76900M -10.52800M
Change in cash -7.54900M 13.69M -1.34400M 1.05M -1.52400M
Begin period cash flow 14.31M 0.62M 1.97M 0.92M 2.44M
End period cash flow 6.76M 14.31M 0.62M 1.97M 0.92M
Total cash from operating activities -3.46100M -5.62300M -0.95900M -8.56500M -6.14200M
Issuance of capital stock 0.00000M 25.40M 0.00000M 11.33M 20.33M
Depreciation 1.88M 1.02M 0.71M 1.00M 0.20M
Other cashflows from investing activities - - 0.20M 2.53M -2.72100M
Dividends paid - - - - -
Change to inventory -2.09400M -2.61700M -1.55100M -0.58700M -0.08600M
Change to account receivables -1.01200M -0.28100M -0.68000M -0.58000M -0.94000M
Sale purchase of stock - - - - -
Other cashflows from financing activities -0.29800M -1.55600M -0.05800M -1.02200M -0.72400M
Change to netincome 7.84M 9.08M 10.60M 2.27M 1.73M
Capital expenditures 1.44M 0.59M 0.76M 6.92M 13.35M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -5.63900M -4.48500M -1.49600M -2.07000M 0.69M
Stock based compensation 3.60M - 0.72M 1.24M -
Other non cash items 1.26M 1.38M -0.84200M 1.08M 2.92M
Free cash flow -4.90400M -6.21700M -1.11800M -15.49000M -19.49542M

Peer Comparison

Sector: Healthcare Industry: Drug Manufacturers - Specialty & Generic

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
AVTBF
Avant Brands Inc
-0.0125 3.65% 0.33 - - 0.15 0.13 0.63 16.06
ZTS
Zoetis Inc
0.35 0.22% 165.06 40.18 30.96 10.67 17.60 11.27 26.18
MKKGY
Merck KGaA ADR
-0.04 0.14% 28.78 21.25 14.93 3.10 2.14 3.60 12.98
MKGAF
MERCK Kommanditgesellschaft auf Aktien
- -% 141.27 21.73 14.95 3.16 2.15 3.56 12.82
TAK
Takeda Pharmaceutical Co Ltd ADR
-0.02 0.15% 13.15 32.67 11.53 0.01 0.87 0.02 0.07

Reports Covered

Stock Research & News

Profile

Avant Brands Inc. cultivates, produces, and markets cannabis products in Canada. The company offers medical and recreational cannabis products under the BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, Pristine, and Flowr brands. It distributes cannabis through medical and recreational sales channels, as well as an e-commerce website. 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.

Avant Brands Inc

1632 Dickson Avenue, Kelowna, BC, Canada, V1Y 7T2

Key Executives

Name Title Year Born
Mr. Norton Singhavon Founder, CEO & Director NA
Mr. Michael Blady B.Sc Co-Founder, Sec. & Director 1983
Mr. David Lynn Chief Operating Officer NA
Mr. Matthew Whitt Chief Financial Officer NA
Mr. Adil Hirji Director of Marketing NA
Mr. Kyle Marko Sales Mang. NA
Mr. Chris Pearson Director of Sales NA
Mr. Jeremy Christopher Wright C.M.A., CPA, CMA, CPA Consultant 1974
Mr. David Buckle Head of Cultivation NA
Mr. Michael Blady B.Sc Co-Founder & Director 1984

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