Avante Income Statement

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '25 Dec 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	Mar '20 Mar 31, 2020
Revenue	26.72	24.95	19.96	18.16	17.13	49.85
Revenue Growth (YoY)	-15.63%	25.00%	9.94%	5.96%	-65.63%	55.38%
Cost of Revenue	15.89	14.63	11.84	10.31	9.81	38.16
Gross Profit	10.83	10.32	8.12	7.85	7.32	11.69
Selling, General & Admin	9.24	11.46	7.84	8.3	8.26	12.58
Depreciation & Amortization Expenses	1.23	1.42	1.1	1.22	1.18	2.57
Total Operating Expenses	10.48	12.88	8.94	9.52	9.43	15.14
Operating Income	0.36	-2.56	-0.82	-1.67	-2.11	-3.45
Interest Expense	-0.22	-0.23	-0.21	-0.46	-0.38	-0.62
Other Non-Operating Income (Expense)	-0.23	-1.42	-2.91	-4.14	-2.48	0.01
Total Non-Operating Income (Expense)	-0.44	-1.65	-3.12	-4.6	-2.86	-0.6
Pretax Income	0.21	-3.14	-3.26	-5.88	-4.98	-3.81
Provision for Income Taxes	0.02	-0.09	0.59	0.06	-0.66	-1.19
Net Income	0.21	-3.03	0.03	-2.85	-2.9	-2.65
Minority Interest in Earnings	-0.03	-0.02	-	-	0.1	-0.07
Earnings From Discontinued Operations	-	-	3.89	1.54	1.19	-0.1
Net Income to Common	0.21	-3.03	0.03	-2.85	-2.9	-2.65
Shares Outstanding (Basic)	27	27	26	22	21	21
Shares Outstanding (Diluted)	27	27	26	22	21	21
Shares Change (YoY)	0.08%	0.31%	21.34%	3.01%	-	5.41%
EPS (Basic)	-0.02	-0.09	0.00	-0.20	-0.13	-0.12
EPS (Diluted)	-0.02	-0.09	0.00	-0.20	-0.13	-0.12
Free Cash Flow	1.67	-1	-4.14	1.76	3.85	-4.57
Free Cash Flow Growth	-	-	-	-54.25%	-	-
Free Cash Flow Per Share	0.06	-0.04	-0.16	0.08	0.18	-0.22
Gross Margin	40.53%	41.34%	40.69%	43.23%	42.72%	23.45%
Operating Margin	1.33%	-10.27%	-4.10%	-9.21%	-12.34%	-6.93%
Profit Margin	0.70%	-12.22%	0.16%	-24.19%	-16.35%	-5.45%
FCF Margin	6.26%	-4.01%	-20.73%	9.71%	22.50%	-9.16%
EBITDA	1.59	-1.14	0.28	-0.45	-0.94	-0.89
EBITDA Margin	5.94%	-4.57%	1.40%	-2.47%	-5.47%	-1.78%
EBIT	0.36	-2.56	-0.82	-1.67	-2.11	-3.45
EBIT Margin	1.33%	-10.27%	-4.10%	-9.21%	-12.34%	-6.93%
Effective Tax Rate	11.75%	2.77%	-18.21%	-1.03%	13.26%	31.21%

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.