Avant Brands (TSE:AVNT)
TSX:AVNT
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Avant Brands
(TSX:AVNT)
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Rating:49Neutral
Price Target:
C$0.50
▼(-50.69% Downside)
Action:ReiteratedDate:04/16/26
The score is held back primarily by persistent losses and negative profitability metrics despite strong revenue growth and positive free cash flow. Technicals also point to a prevailing downtrend, while valuation is hard to justify due to negative earnings and no dividend data.
Positive Factors
Revenue Growth
Consistent TTM revenue growth expands the company's sales base and indicates improving market traction for its branded cannabis offerings. A larger revenue base supports fixed-cost absorption, enables scale benefits in cultivation/processing, and gives management room to invest in commercial execution.
Negative Factors
Persistent Losses
Ongoing operating and net losses erode shareholder equity and limit the company's ability to self-fund growth. If losses persist, equity buffers will shrink, borrowing costs may rise and strategic flexibility will weaken, making it harder to invest in marketing, production scale or product development.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent TTM revenue growth expands the company's sales base and indicates improving market traction for its branded cannabis offerings. A larger revenue base supports fixed-cost absorption, enables scale benefits in cultivation/processing, and gives management room to invest in commercial execution.
Read all positive factors
Avant Brands (AVNT) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$2.92M
Dividend YieldN/A
Average Volume (3M)12.51K
Price to Earnings (P/E)―
Beta (1Y)-0.13
Revenue Growth-5.44%
EPS Growth46.92%
CountryCA
Employees180
SectorHealthcare
Sector Strength45
IndustryDrug Manufacturers - Specialty & Generic
Share Statistics
EPS (TTM)-1.11
Shares Outstanding5,039,590
10 Day Avg. Volume12,972
30 Day Avg. Volume12,505
Financial Highlights & Ratios
PEG Ratio0.01
Price to Book (P/B)0.36
Price to Sales (P/S)0.25
P/FCF Ratio1.56
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Avant Brands Business Overview & Revenue Model
Company Description
Avant Brands Inc. is a Canadian cannabis company focused on premium cannabis products and brands. The company operates primarily in the cultivation, production, and sale of cannabis and cannabis-derived products, catering to both recreational and ...
How the Company Makes Money
Avant Brands makes money primarily by selling cannabis products through regulated channels in Canada. Revenue is generated from the commercialization of its branded cannabis portfolio, which is sold into provincial/territorial wholesale distributi...
Avant Brands Earnings Call Summary
Earnings Call Date:Apr 15, 2024
(Q1-2024)
| % Change Since: |
Next Earnings Date:Jul 21, 2026
Earnings Call Sentiment Positive
Avant Brands reported strong financial performance with record revenue and growth, positive cash flow, and international market expansion despite competitive challenges in the Canadian market.Positive Updates
Record Revenue and Growth
Avant Brands exceeded guidance with gross revenue of $8.9 million and net revenue increased by 15% year-over-year to a record $8.1 million. Gross margin reached a record $4.7 million with a healthy 58% margin overall.
Negative Updates
Competitive Canadian Market
The Canadian recreational market, especially in Ontario, remains highly competitive, impacting domestic performance.
Read all updates
Q1-2024 Updates
Positive
Negative
Record Revenue and Growth
Avant Brands exceeded guidance with gross revenue of $8.9 million and net revenue increased by 15% year-over-year to a record $8.1 million. Gross margin reached a record $4.7 million with a healthy 58% margin overall.
Read all positive updates
Company Guidance
During the Avant Brands Q1 2024 earnings call, the company disclosed a robust financial performance, surpassing their guidance with gross revenue reaching $8.9 million, against an anticipated $8.2 to $8.8 million. Net revenue climbed by 15% year-over-year, hitting a record $8.1 million. The gross margin was at a healthy 58%, with Canadian recreational sales at 63% and exports achieving an impressive 74% margin. The firm generated a record positive cash flow of $3.8 million and reported an adjusted EBITDA of the same amount, reflecting a 47% margin. Avant also announced a private placement to secure up to $3.89 million to bolster working capital, with a strategic investor contributing a lead order of $600,000. Additionally, the company’s export channel expanded significantly with five new agreements, solidifying its presence in international markets and offsetting domestic challenges.Avant Brands Financial Statement Overview
Summary
Income Statement
28
Negative
Balance Sheet
52
Neutral
Cash Flow
61
Positive
| Breakdown | Feb 2026 | Feb 2025 | Feb 2024 | Feb 2023 | Nov 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 35.90M | 35.80M | 26.34M | 20.15M | 9.50M |
| Gross Profit | -8.01M | -1.68M | 12.43M | 3.91M | 1.90M |
| EBITDA | -13.82M | -19.45M | 4.53M | -1.89M | -9.65M |
| Net Income | -9.88M | -22.55M | -5.07M | -7.54M | -11.23M |
Balance Sheet | |||||
| Total Assets | 49.24M | 59.47M | 82.55M | 67.03M | 50.57M |
| Cash, Cash Equivalents and Short-Term Investments | 1.49M | 1.74M | 794.00K | 6.78M | 14.49M |
| Total Debt | 15.31M | 17.01M | 18.70M | 3.01M | 623.00K |
| Total Liabilities | 24.44M | 26.62M | 33.22M | 18.79M | 2.70M |
| Stockholders Equity | 24.80M | 32.85M | 49.33M | 43.92M | 47.87M |
Cash Flow | |||||
| Free Cash Flow | 5.71M | 401.00K | 1.85M | -4.90M | -6.22M |
| Operating Cash Flow | 5.75M | 507.00K | 5.41M | -3.46M | -5.62M |
| Investing Cash Flow | 211.00K | -78.00K | -7.03M | -3.10M | -1.65M |
| Financing Cash Flow | -6.21M | 539.00K | -4.38M | -993.00K | 20.96M |
Avant Brands Technical Analysis
Negative
1.01
Price Trends
0.75
Negative
0.82
Negative
0.79
Negative
Market Momentum
-0.03
Negative
35.01
Neutral
20.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:AVNT, the sentiment is Negative. The current price of 1.01 is above the 20-day moving average (MA) of 0.68, above the 50-day MA of 0.75, and above the 200-day MA of 0.79, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 35.01 is Neutral, neither overbought nor oversold. The STOCH value of 20.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:AVNT.
Avant Brands Peers Comparison
UnderperformOutperform
Sector (51)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | C$10.13M | 8.94 | 11.57% | ― | -6.27% | 61.54% | |
56 Neutral | C$8.68M | 1.65 | -4.55% | ― | 11.99% | ― | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
49 Neutral | C$2.92M | -0.71 | -53.71% | ― | -5.44% | 46.92% | |
46 Neutral | C$5.21M | -3.46 | ― | ― | -3.13% | ― | |
43 Neutral | C$6.59M | -2.65 | ― | ― | ― | -135.21% |
* Healthcare Sector Average
TSE:AVNT
Avant Brands
0.58
-0.32
-35.56%
TSE:TGIF
1933 Industries
0.01
0.00
0.00%
TSE:OILS
Nextleaf Solutions
0.06
0.00
0.00%
TSE:SE
Sweet Earth Holdings
0.51
-0.03
-5.56%
TSE:CLC
Christina Lake Cannabis
0.04
>-0.01
-22.22%
TSE:HASH
Simply Solventless Concentrates Ltd
0.04
-0.42
-91.30%
Avant Brands Corporate Events
Business Operations and StrategyFinancial DisclosuresPrivate Placements and Financing
Avant Brands Q1 Earnings Show Recreational Growth but Export Weakness
Negative
Apr 14, 2026
Avant Brands reported first-quarter 2026 results showing strong momentum in its Canadian recreational business, where revenue climbed 37% to $3.9 million on the back of a sharper focus on top-performing SKUs and category-leading brands such as Ten...
Business Operations and Strategy
Avant Brands Reclaims BLK MKT Rights in Key European Markets
Positive
Mar 17, 2026
Avant Brands is tightening control over its core European assets as it reclaims trademark and distribution rights for its flagship blk mkt cannabis brand in Germany and Switzerland. The move follows GreenTec Holdings’ decision to terminate i...
Business Operations and StrategyPrivate Placements and Financing
Avant Brands Retires $1.77 Million in Debt via Premium Unit Issuance
Positive
Mar 9, 2026
Avant Brands has struck a debt settlement deal with an institutional investor to retire about $1.77 million of its unsecured convertible debenture by issuing 1.9 million units at a deemed price of $0.935, a premium to its current share price. The ...
Business Operations and StrategyFinancial Disclosures
Avant Brands Posts Turnaround Year with Rising Cannabis Sales and Strong Cash Flow
Positive
Mar 2, 2026
Avant Brands reported fiscal 2025 results that show a sharp operational turnaround, with gross revenue reaching a record $41.3 million and recreational sales climbing 19% to $14.8 million on the strength of its blk mkt and Tenzo brands. The compan...
Business Operations and StrategyFinancial Disclosures
Avant Brands Sets Date for Fiscal 2025 Results Release
Neutral
Feb 24, 2026
Avant Brands Inc., a leading Canadian producer of premium indoor-grown cannabis, operates multiple facilities nationwide and serves recreational, medical, and export channels. Its portfolio includes well-known brands such as blk mkt, Tenzo, Cogn&#...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.