Avant Technologies Inc. (AVAI)

Avant Technologies Income Statement

Financials in millions USD. Fiscal year is April - March.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Revenue	-	-	0.28	0.92	1.21
Revenue Growth (YoY)	-	-	-70.01%	-24.12%	69.23%
Cost of Revenue	-	-	0.32	0.71	1.23
Gross Profit	-	-	-0.04	0.21	-0.02
Selling, General & Admin	1.46	2.04	0.3	0.51	0.23
Other Operating Expenses	-0.39	0.01	-0.01	-0.22	-0
Operating Expenses	1.14	2.13	0.31	0.34	0.29
Operating Income	-1.14	-2.13	-0.35	-0.13	-0.3
Other Non Operating Income (Expenses)	-	-	0	-	-
Pretax Income	-1.14	-2.13	-0.35	-0.13	-0.3
Net Income	-1.14	-2.13	-0.35	-0.13	-0.3
Net Income to Common	-1.14	-2.13	-0.35	-0.13	-0.3
Shares Outstanding (Basic)	128	87	39	26	26
Shares Outstanding (Diluted)	128	87	39	26	26
Shares Change (YoY)	48.09%	124.74%	46.31%	0.13%	29.15%
EPS (Basic)	-0.01	-0.02	-0.01	-0.00	-0.01
EPS (Diluted)	-0.01	-0.02	-0.01	-0.00	-0.01
Free Cash Flow	-1.16	-1.32	-0.05	-0.54	-0.02
Free Cash Flow Per Share	-0.01	-0.01	-0.00	-0.02	-0.00
Gross Margin	-	-	-14.64%	22.88%	-1.36%
Operating Margin	-	-	-126.28%	-13.73%	-24.90%
Profit Margin	-	-	-126.28%	-13.73%	-24.90%
Free Cash Flow Margin	-	-	-19.71%	-58.07%	-1.90%
EBITDA	-1.07	-2.05	-0.33	-0.09	-0.25
EBITDA Margin	-	-	-117.80%	-9.77%	-20.46%
D&A For EBITDA	0.07	0.08	0.02	0.04	0.05
EBIT	-1.14	-2.13	-0.35	-0.13	-0.3
EBIT Margin	-	-	-126.28%	-13.73%	-24.90%
Revenue as Reported	-	-	0.28	0.92	1.21

Source: S&P Global Market Intelligence. Standard template. Financial Sources.