Avant Brands Inc. (AVTBF)

Avant Brands Balance Sheet

Financials in millions CAD. Fiscal year is December - November.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb 28, 2025	Nov 30, 2024	Nov 30, 2023	Nov 30, 2022	Nov 30, 2021	Nov 30, 2020
Cash & Equivalents	1	1.74	0.77	6.76	14.31	0.63
Short-Term Investments	1.46	0.92	1.27	0.64	0.18	-
Cash & Short-Term Investments	2.46	2.66	2.04	7.4	14.49	0.63
Cash Growth	35.19%	30.34%	-72.44%	-48.92%	2218.24%	-75.07%
Accounts Receivable	5.25	6.75	2.96	4.41	2.11	1.5
Other Receivables	0.14	0.04	0.89	-	0.24	0.57
Receivables	5.39	6.78	3.85	4.41	2.35	2.07
Inventory	10.4	10.13	20.99	11.17	6.17	4.97
Prepaid Expenses	-	-	0.28	0.36	1.21	0.45
Other Current Assets	6.03	6.66	8.03	4.15	1.95	2.43
Total Current Assets	24.28	26.23	35.19	27.49	26.17	10.54
Property, Plant & Equipment	30.75	31.82	39.28	28.65	17.07	18.3
Long-Term Investments	-	-	-	-	3.95	2.67
Goodwill	-	-	6.02	6.02	0.18	1.09
Other Intangible Assets	1.33	1.42	2.06	3.87	3.2	8.1
Total Assets	56.35	59.47	82.55	67.03	50.57	40.8
Accounts Payable	7.37	8.04	13.02	2.68	1.61	1.19
Accrued Expenses	0.46	0.32	-	-	0.46	1
Short-Term Debt	1.3	1.4	0.73	-	-	-
Current Portion of Long-Term Debt	2.68	3.21	6.19	-	-	1.96
Current Portion of Leases	1.26	1.53	1.28	0.61	0.32	0.27
Other Current Liabilities	-	0.47	-	-	-	1.5
Total Current Liabilities	13.07	14.97	21.22	3.29	2.4	5.92
Long-Term Debt	2.53	2.98	1.74	-	-	4.62
Long-Term Leases	8.78	8.67	8.77	2.4	0.3	0.65
Long-Term Deferred Tax Liabilities	-	-	1.5	1.11	-	1.2
Other Long-Term Liabilities	-	-	-	11.99	-	-
Total Liabilities	24.38	26.62	33.22	18.79	2.7	12.38
Common Stock	110.23	109.8	104.57	94.54	92.74	62.21
Additional Paid-In Capital	10.68	11.06	10.67	8.67	6.88	6.53
Retained Earnings	-88.93	-88.01	-65.91	-59.29	-51.75	-40.41
Comprehensive Income & Other	-	-	-	-	-	0.09
Total Common Equity	31.97	32.86	49.33	43.92	47.87	28.42
Minority Interest	-	-	-	4.32	-	-
Shareholders' Equity	31.97	32.86	49.33	48.24	47.87	28.42
Total Liabilities & Equity	56.35	59.47	82.55	67.03	50.57	40.8
Total Debt	16.55	17.79	18.7	3.01	0.62	7.5
Net Cash (Debt)	-14.1	-15.13	-16.66	4.39	13.87	-6.87
Net Cash Growth	-	-	-	-68.34%	-	-
Net Cash Per Share	-1.37	-1.54	-1.99	0.65	2.28	-1.53
Filing Date Shares Outstanding	10.75	10.63	9.29	7.92	6.69	4.91
Total Common Shares Outstanding	10.75	10.63	8.64	6.87	6.65	4.69
Working Capital	11.21	11.26	13.97	24.19	23.77	4.62
Book Value Per Share	2.98	3.09	5.71	6.39	7.20	6.06
Tangible Book Value	30.65	31.43	41.25	34.03	44.49	19.23
Tangible Book Value Per Share	2.85	2.96	4.78	4.95	6.69	4.10
Land	1.35	1.35	1.35	1.35	1.35	1.35
Buildings	9.3	9.3	9.3	9.24	9.24	9.2
Machinery	13.34	13.34	13.28	8.54	5.21	5.36
Construction In Progress	3.21	3.21	6.98	4.37	3.2	2.92
Leasehold Improvements	7.96	7.96	7.96	7.93	1.07	-

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.