Avant Brands (TSE:AVNT)
TSX:AVNT
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Avant Brands
(TSX:AVNT)
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Rating:42Neutral
Price Target:
C$0.71
▼(-29.70% Downside)
Action:ReiteratedDate:03/12/26
The score is held down primarily by weak profitability (negative gross profit and ongoing operating/net losses) despite improved recent cash flow. Technicals add further pressure with a downtrend and negative MACD, while valuation is constrained by a negative P/E and no dividend data.
Positive Factors
Improved cash generation
The move to sustained positive operating cash flow and materially higher free cash flow in 2025 indicates the business can generate internal liquidity to fund operations and capex. Over 2–6 months this improves financial flexibility, reduces dependence on external financing, and supports measured reinvestment if sustained.
Negative Factors
Negative gross profit
Negative gross profit is a structural red flag: cost of goods or pricing is misaligned with revenue, so each incremental sale destroys value. Without durable improvements to cultivation, processing costs or premium pricing, margin recovery is required to reach sustainable profitability and long-term viability.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved cash generation
The move to sustained positive operating cash flow and materially higher free cash flow in 2025 indicates the business can generate internal liquidity to fund operations and capex. Over 2–6 months this improves financial flexibility, reduces dependence on external financing, and supports measured reinvestment if sustained.
Read all positive factors
Avant Brands (AVNT) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$3.43M
Dividend YieldN/A
Average Volume (3M)12.51K
Price to Earnings (P/E)―
Beta (1Y)-0.08
Revenue Growth26.36%
EPS Growth-8.21%
CountryCA
Employees180
SectorHealthcare
Sector Strength45
IndustryDrug Manufacturers - Specialty & Generic
Share Statistics
EPS (TTM)-0.26
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:Apr 09, 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
22
Negative
Balance Sheet
46
Neutral
Cash Flow
63
Positive
| Breakdown | Nov 2025 | 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
0.80
Negative
0.82
Negative
0.79
Negative
Market Momentum
-0.03
Negative
41.24
Neutral
47.22
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 0.70, above the 50-day MA of 0.80, and above the 200-day MA of 0.79, indicating a bearish trend. The MACD of -0.03 indicates Negative momentum. The RSI at 41.24 is Neutral, neither overbought nor oversold. The STOCH value of 47.22 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$8.44M | 8.94 | 11.57% | ― | -1.14% | ― | |
56 Neutral | C$7.44M | 1.65 | -4.55% | ― | 16.22% | -285.37% | |
51 Neutral | $7.86B | -0.30 | -43.30% | 2.27% | 22.53% | -2.21% | |
48 Neutral | C$4.96M | 13.38 | ― | ― | -2.30% | ― | |
43 Neutral | C$6.59M | -2.65 | ― | ― | -100.00% | -192.62% | |
42 Neutral | C$3.43M | -0.90 | -53.71% | ― | 26.36% | -8.21% |
* Healthcare Sector Average
TSE:AVNT
Avant Brands
0.68
-0.29
-29.90%
TSE:TGIF
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0.01
0.00
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-16.67%
TSE:SE
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4.08%
TSE:CLC
Christina Lake Cannabis
0.03
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0.05
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-92.37%
Avant Brands Corporate Events
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&#...
Business Operations and StrategyShareholder Meetings
Avant Brands Adopts Shareholder Rights Plan to Guard Against Unsolicited Takeovers
Positive
Jan 9, 2026
Avant Brands Inc. has adopted a shareholder rights plan designed to give its board and investors more time and flexibility to evaluate and respond to any unsolicited takeover bids. The plan, which aligns with contemporary Canadian corporate govern...
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.