Avant Brands Balance Sheet

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

Millions CAD. Fiscal year is Dec - Nov.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Aug '25 Aug 31, 2025	Nov '24 Nov 30, 2024	Nov '23 Nov 30, 2023	Nov '22 Nov 30, 2022	Nov '21 Nov 30, 2021	Nov '20 Nov 30, 2020
Cash & Equivalents	1	1.74	0.77	6.76	14.31	0.63
Short-Term Investments	0.77	0.92	1.27	0.64	0.18	-
Cash & Short-Term Investments	1.77	2.66	2.04	7.4	14.49	0.63
Cash Growth	-57.68%	30.34%	-72.44%	-48.92%	2218.24%	-75.07%
Accounts Receivable	4.34	6.75	2.96	4.41	2.11	1.5
Other Receivables	0.01	0.04	0.89	-	0.24	0.57
Receivables	4.44	6.78	3.85	4.41	2.35	2.07
Inventory	9.39	10.13	20.99	11.17	6.17	4.97
Prepaid Expenses	-	-	0.28	0.36	1.21	0.45
Other Current Assets	3.98	6.66	8.03	4.15	1.95	2.43
Total Current Assets	19.58	26.23	35.19	27.49	26.17	10.54
Property, Plant & Equipment	28.7	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	1.13	1.42	2.06	3.87	3.2	8.1
Total Assets	49.41	59.47	82.55	67.03	50.57	40.8
Accounts Payable	6.78	8.04	13.02	2.68	1.61	1.19
Accrued Expenses	0.17	0.32	-	-	0.46	1
Short-Term Debt	1.79	1.4	0.73	-	-	-
Current Portion of Long-Term Debt	1.73	3.21	6.19	-	-	1.96
Current Portion of Leases	1.22	1.53	1.28	0.61	0.32	0.27
Other Current Liabilities	0.32	0.47	-	-	-	1.5
Total Current Liabilities	12.01	14.97	21.22	3.29	2.4	5.92
Long-Term Debt	1.73	2.98	1.74	-	-	4.62
Long-Term Leases	8.66	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	22.39	26.62	33.22	18.79	2.7	12.38
Common Stock	110.72	109.8	104.57	94.54	92.74	62.21
Additional Paid-In Capital	11.21	11.06	10.67	8.67	6.88	6.53
Retained Earnings	-94.91	-88.01	-65.91	-59.29	-51.75	-40.41
Comprehensive Income & Other	-	-	-	-	-	0.09
Total Common Equity	27.02	32.86	49.33	43.92	47.87	28.42
Minority Interest	-	-	-	4.32	-	-
Shareholders' Equity	27.02	32.86	49.33	48.24	47.87	28.42
Total Liabilities & Equity	49.41	59.47	82.55	67.03	50.57	40.8
Total Debt	15.12	17.79	18.7	3.01	0.62	7.5
Net Cash (Debt)	-13.35	-15.13	-16.66	4.39	13.87	-6.87
Net Cash Growth	-	-	-	-68.34%	-	-
Net Cash Per Share	-1.24	-1.54	-1.99	0.65	2.28	-1.53
Filing Date Shares Outstanding	11.2	10.63	9.29	7.92	6.69	4.91
Total Common Shares Outstanding	11.2	10.63	8.64	6.87	6.65	4.69
Working Capital	7.57	11.26	13.97	24.19	23.77	4.62
Book Value Per Share	2.41	3.09	5.71	6.39	7.20	6.06
Tangible Book Value	25.89	31.43	41.25	34.03	44.49	19.23
Tangible Book Value Per Share	2.31	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	13.38	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	-

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