Avant Brands, Inc. engages in the development and operation of cannabis related products. The company is headquartered in Kelowna, British Columbia and currently employs 180 full-time employees. The company went IPO on 2013-07-18. The firm is a producer of handcrafted cannabis products. The company has multiple operational production facilities across Canada, which produce handcrafted cannabis products based on cultivars. The company offers a comprehensive product portfolio catering to recreational, medical, and export markets. Its consumer brands, including BLK MKT, Tenzo, Cognoscente, flowr and Treehugger, are available in recreational markets across Canada. Its products are distributed globally to Australia, Israel and Germany, with its flagship brand BLK MKT being sold in Israel. Additionally, its medical cannabis brand, GreenTec, serves qualified patients nationwide through its GreenTec Medical portal and medical cannabis partners. Treehugger provides premium eco-conscious craft cannabis. Its subsidiaries include 3PL Ventures Inc., Avant Craft Cannabis Inc., Avant K1 Brands Inc., GreenTec Bio-Pharmaceuticals Inc., and GreenTec Holdings Ltd., among others.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
11/30/2025
11/30/2024
11/30/2023
11/30/2022
11/30/2021
Revenue
35
35
35
26
20
9
Revenue Growth (YoY)
0%
0%
35%
30%
122%
28.99%
Cost of Revenue
28
28
19
17
13
4
Gross Profit
7
7
16
9
6
4
Selling, General & Admin
10
10
10
11
10
6
Research & Development
--
--
--
--
--
--
Operating Expenses
10
10
11
13
12
7
Other Non Operating Income (Expenses)
-1
-1
-3
--
0
0
Pretax Income
-9
-9
-25
-2
-6
-12
Income Tax Expense
0
0
-3
2
0
-1
Net Income
-9
-9
-22
-5
-7
-11
Net Income Growth
-59%
-59%
340%
-28.99%
-36%
10%
Shares Outstanding (Diluted)
11.6
11.17
9.82
8.35
6.7
6.06
Shares Change (YoY)
17%
14%
18%
25%
11%
-95%
EPS (Diluted)
-0.85
-0.88
-2.29
-0.6
-1.12
-1.83
EPS Growth
-63%
-62%
278%
-46%
-39%
2,434%
Free Cash Flow
5
5
0
1
-4
-6
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
20%
20%
45.71%
34.61%
30%
44.44%
Operating Margin
-8.57%
-8.57%
11.42%
-15.38%
-30%
-22.22%
Profit Margin
-25.71%
-25.71%
-62.85%
-19.23%
-35%
-122.22%
Free Cash Flow Margin
14.28%
14.28%
0%
3.84%
-20%
-66.66%
EBITDA
-3
-3
8
2
-2
-1
EBITDA Margin
-8.57%
-8.57%
22.85%
7.69%
-10%
-11.11%
D&A For EBITDA
0
0
4
6
4
1
EBIT
-3
-3
4
-4
-6
-2
EBIT Margin
-8.57%
-8.57%
11.42%
-15.38%
-30%
-22.22%
Effective Tax Rate
0%
0%
12%
-100%
0%
8.33%
Follow-Up Questions
What are Avant Brands Inc.'s key financial statements?
According to the latest financial statement (Form-10K), Avant Brands Inc. has a total asset of $49, Net loss of $-9
What are the key financial ratios for AVTBF?
Avant Brands Inc.'s Current ratio is 2.04, has a Net margin is -25.71, sales per share of $3.13.
How is Avant Brands Inc.'s revenue broken down by segment or geography?
Avant Brands Inc. largest revenue segment is Wholesale Revenue, at a revenue of 22,718,000 in the most earnings release.For geography, Canada is the primary market for Avant Brands Inc., at a revenue of 35,803,000.
Is Avant Brands Inc. profitable?
no, according to the latest financial statements, Avant Brands Inc. has a net loss of $-9
Does Avant Brands Inc. have any liabilities?
yes, Avant Brands Inc. has liability of 24
How many outstanding shares for Avant Brands Inc.?
Avant Brands Inc. has a total outstanding shares of 11.4