Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Avante Logixx ( (TSE:XX) ) has shared an announcement.
Avante Corp. reported a 10% increase in revenue and a 73% rise in Adjusted EBITDA for the second fiscal quarter of 2026, driven by significant growth in its NSSG and Avante Black divisions. The company achieved positive net income and maintained a strong financial position with no debt, $4.2 million in cash, and $12 million in available credit facilities, while implementing cost-management initiatives to enhance profitability and shareholder value.
The most recent analyst rating on (TSE:XX) stock is a Hold with a C$1.00 price target. To see the full list of analyst forecasts on Avante Logixx stock, see the TSE:XX Stock Forecast page.
Spark’s Take on TSE:XX Stock
According to Spark, TipRanks’ AI Analyst, TSE:XX is a Neutral.
The overall stock score of 48 reflects significant challenges in financial performance, particularly in profitability and cash flow. While technical analysis shows some positive momentum, the negative P/E ratio and lack of dividend yield weigh heavily on the valuation. The absence of earnings call insights and corporate events further limits the assessment.
To see Spark’s full report on TSE:XX stock, click here.
More about Avante Logixx
Avante Corp. operates in the security industry, offering specialized security solutions through its divisions such as NSSG and Avante Black. The company focuses on providing elite, tech-enabled security services, including monitoring and surveillance solutions like HALO and MAST, to clients in complex environments globally.
Average Trading Volume: 18,240
Technical Sentiment Signal: Buy
Current Market Cap: C$27.45M
For a thorough assessment of XX stock, go to TipRanks’ Stock Analysis page.