Avant Brands Income Statement

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Nov '25 Nov 30, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021
Revenue	35.9	35.8	26.34	20.15	9.5
Revenue Growth (YoY)	0.26%	35.91%	30.75%	112.12%	20.13%
Cost of Revenue	39.44	40.09	32.89	19.44	8.04
Gross Profit	4.57	-1.68	12.43	3.91	1.9
Selling, General & Admin	10.27	10.73	11.76	10.58	6.38
Depreciation & Amortization Expenses	0.56	0.94	2.13	1.88	0.92
Total Operating Expenses	10.83	11.67	13.88	12.46	7.29
Operating Income	-6.26	-13.35	-1.45	-8.54	-5.4
Interest Income	0.01	-	-	-	-
Interest Expense	-1.91	-1.58	-1.28	-0.04	-1.15
Other Non-Operating Income (Expense)	-1.75	-10.9	-0.27	2.33	-5.79
Total Non-Operating Income (Expense)	-3.65	-12.49	-1.55	2.29	-6.94
Pretax Income	-9.92	-25.83	-3	-6.25	-12.33
Provision for Income Taxes	0.04	3.28	-2.18	-0.36	1.2
Net Income	-9.95	-29.11	-0.82	-5.89	-13.63
Earnings From Discontinued Operations	-	-	-	-	-0.1
Net Income to Common	-9.95	-29.11	-0.82	-5.89	-13.63
Shares Outstanding (Basic)	11	10	8	7	6
Shares Outstanding (Diluted)	11	10	8	7	6
Shares Change (YoY)	13.79%	17.57%	24.55%	10.52%	35.25%
EPS (Basic)	-0.88	-2.30	-0.61	-1.20	-1.80
EPS (Diluted)	-0.88	-2.30	-0.61	-1.20	-1.80
Free Cash Flow	5.72	0.4	1.86	-4.9	-0.7
Free Cash Flow Growth	1325.19%	-78.38%	-	-	-
Free Cash Flow Per Share	0.51	0.04	0.22	-0.73	-0.11
Gross Margin	12.73%	-4.68%	47.19%	19.43%	19.99%
Operating Margin	-17.45%	-37.28%	-5.51%	-42.39%	-56.80%
Profit Margin	-27.73%	-81.31%	-3.11%	-29.23%	-142.43%
FCF Margin	15.92%	1.12%	7.04%	-24.34%	-7.34%
EBITDA	-5.7	-8.55	4.84	-4.18	-3.79
EBITDA Margin	-15.89%	-23.89%	18.38%	-20.73%	-39.92%
EBIT	-6.26	-13.35	-1.45	-8.54	-5.4
EBIT Margin	-17.45%	-37.28%	-5.51%	-42.39%	-56.80%
Effective Tax Rate	-0.36%	-12.69%	72.70%	5.82%	-9.72%

Updated Nov 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.