Avante Logixx (TSE:XX)
:XX
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Avante Logixx
(XX)
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Rating:63Neutral
Price Target:
C$1.50
▲(32.74% Upside)
Action:ReiteratedDate:03/26/26
Overall score is driven by improving financial trajectory and positive cash generation, supported by strong technical uptrend. The main constraint is expensive valuation (high P/E) alongside continued net losses, partially offset by positive corporate developments (board strengthening and a new police contract).
Positive Factors
Recurring revenue (RMR)
A subscription-based monitoring model creates durable recurring revenue and predictable cash flows. RMR supports customer retention, upsell of hardware/services, and smoother revenue visibility, which helps underwrite investment in networked services and long-term client relationships.
Negative Factors
Net losses / negative ROE
Ongoing net losses and negative return on equity limit retained-earnings buildup and weaken shareholder returns. Until sustained profitability is achieved, the company may have constrained ability to internally fund expansion or absorb shocks without raising dilutive or costly capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Recurring revenue (RMR)
A subscription-based monitoring model creates durable recurring revenue and predictable cash flows. RMR supports customer retention, upsell of hardware/services, and smoother revenue visibility, which helps underwrite investment in networked services and long-term client relationships.
Read all positive factors
Avante Logixx (XX) vs. iShares MSCI Canada ETF (EWC)
Market Cap
C$35.98M
Dividend YieldN/A
Average Volume (3M)21.18K
Price to Earnings (P/E)75.1
Beta (1Y)0.81
Revenue Growth13.88%
EPS Growth84.17%
CountryCA
Employees187
SectorServices
Sector StrengthN/A
IndustrySecurity & Protection Services
Share Statistics
EPS (TTM)-0.02
Shares Outstanding26,648,739
10 Day Avg. Volume24,283
30 Day Avg. Volume21,182
Financial Highlights & Ratios
PEG Ratio<0.01
Price to Book (P/B)1.71
Price to Sales (P/S)0.93
P/FCF Ratio-23.08
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)C$42.77M
Avante Logixx Business Overview & Revenue Model
Company Description
Avante Logixx (XX) is a leading provider of security and integrated services, specializing in advanced technology solutions that enhance safety and operational efficiency for businesses and individuals. The company operates primarily in the securi...
How the Company Makes Money
Avante Logixx generates revenue by offering subscription-based alarm monitoring services, one-time sales, and installations of security systems, as well as contract-based physical security services such as security guard deployments and executive ...
Avante Logixx Earnings Call Summary
Earnings Call Date:Nov 25, 2024
(Q2-2025)
| % Change Since: |
Next Earnings Date:Aug 04, 2026
Earnings Call Sentiment Positive
The earnings call presented a positive outlook with significant revenue growth, improved profitability, and strategic advancements in technology and services. The company is well-positioned financially and operationally, though it faces integration challenges with recent acquisitions and a temporary decline in cash balance.Positive Updates
Significant Revenue Growth
Quarterly revenues increased by 52% year-over-year, reaching $8.1 million during Q2 2025 compared to $5.3 million in Q2 2024.
Negative Updates
Decline in Cash Balance
The company's cash balance declined due to onetime costs and large prepayments, alongside a settlement with a former executive impacting cash.
Read all updates
Q2-2025 Updates
Positive
Negative
Significant Revenue Growth
Quarterly revenues increased by 52% year-over-year, reaching $8.1 million during Q2 2025 compared to $5.3 million in Q2 2024.
Read all positive updates
Company Guidance
During the earnings call for Avante's second quarter of fiscal 2025, Emmanuel Mounouchos and Raj Kapoor provided detailed guidance on the company's financial and strategic outlook. Avante achieved a 52% year-over-year increase in quarterly revenue, reaching $8.1 million, with a gross profit increase of 64% to $3.5 million, and a gross margin of 43%. The company's adjusted EBITDA grew by 49%, and recurring monthly revenue surged by 29%, driven by the successful NSSG acquisition. Avante's financial health was highlighted by being bank debt-free and having $12 million in undrawn credit facilities. The company's strategic focus is on expanding its high net worth residential services, leveraging NSSG for comprehensive offerings, and scaling its proprietary technologies like Halo and Avante Verified. Avante's future growth trajectory is supported by a strong cash position, strategic reinvestments, and a commitment to innovation.Avante Logixx Financial Statement Overview
Summary
Income Statement
45
Neutral
Balance Sheet
72
Positive
Cash Flow
63
Positive
| Breakdown | TTM | Jun 2024 | Jun 2023 | Jun 2022 | Jun 2021 | Jun 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 36.07M | 33.76M | 24.95M | 19.96M | 18.16M | 91.72M |
| Gross Profit | 9.77M | 13.26M | 2.68M | 8.12M | 7.85M | 20.83M |
| EBITDA | 1.88M | 279.04K | -1.48M | -1.95M | -4.19M | -2.80M |
| Net Income | -646.36K | -2.03M | -3.03M | 32.31K | -4.39M | -2.90M |
Balance Sheet | ||||||
| Total Assets | 23.82M | 23.05M | 25.17M | 25.58M | 42.94M | 44.11M |
| Cash, Cash Equivalents and Short-Term Investments | 4.96M | 4.72M | 6.03M | 10.11M | 354.08K | 1.62M |
| Total Debt | 1.31M | 1.36M | 1.47M | 2.13M | 9.71M | 13.92M |
| Total Liabilities | 10.84M | 10.29M | 11.66M | 8.80M | 26.89M | 32.47M |
| Stockholders Equity | 12.81M | 12.56M | 13.53M | 16.78M | 16.05M | 11.63M |
Cash Flow | ||||||
| Free Cash Flow | 1.14M | -538.58K | -1.00M | -4.71M | 1.70M | 2.96M |
| Operating Cash Flow | 1.70M | 336.03K | -763.71K | -3.76M | 1.82M | 3.97M |
| Investing Cash Flow | -1.31M | -673.09K | -1.92M | 23.02M | -801.21K | 213.02K |
| Financing Cash Flow | -390.19K | -914.88K | -1.39M | -9.50M | -177.65K | -3.90M |
Avante Logixx Technical Analysis
Positive
1.13
Price Trends
1.25
Positive
1.18
Positive
1.03
Positive
Market Momentum
0.04
Positive
57.91
Neutral
40.00
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:XX, the sentiment is Positive. The current price of 1.13 is below the 20-day moving average (MA) of 1.42, below the 50-day MA of 1.25, and above the 200-day MA of 1.03, indicating a neutral trend. The MACD of 0.04 indicates Positive momentum. The RSI at 57.91 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:XX.
Avante Logixx Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | C$35.98M | 75.08 | -5.11% | ― | 13.88% | 84.17% | |
58 Neutral | C$39.45M | -1,422.49 | 0.45% | 4.92% | 4.05% | -27.40% | |
55 Neutral | $13.29B | 17.42 | 10.03% | 0.93% | 7.13% | -12.93% | |
49 Neutral | C$157.89M | -132.51 | -18.19% | ― | 11.27% | -43.78% | |
41 Neutral | C$31.40M | -1.06 | 1979.16% | ― | ― | ― |
* Services Sector Average
TSE:XX
Avante Logixx
1.37
0.27
25.23%
TSE:GSI
Gatekeeper Systems
1.44
1.00
226.14%
TSE:SECU
SSC Security Services
2.17
-0.15
-6.38%
TSE:SCAN
Liberty Defense Holdings
6.25
-11.75
-65.28%
Avante Logixx Corporate Events
Business Operations and StrategyExecutive/Board Changes
Avante Corp. Refreshes Board With Appointment of Finance Veteran Jonathan Pollack
Positive
Mar 24, 2026
Avante Corp., a technology-enabled security solutions provider listed on the TSX Venture Exchange, has announced changes to its board of directors with the resignation of Bruce Bronfman. The company has appointed Jonathan Pollack, an experienced c...
Business Operations and StrategyExecutive/Board Changes
Avante Corp. Refreshes Board with Financial Expert as It Expands Security Platform
Positive
Feb 27, 2026
Avante Corp., a Toronto-based provider of security personnel and technology-enabled security solutions serving residential, commercial, and high-net-worth clients globally, continues to build a diversified platform of mission-critical security bus...
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.