Avante Income Statement

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

Millions CAD. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	35.38	33.76	24.95	19.96	18.16	17.13
Revenue Growth (YoY)	17.15%	35.32%	25.00%	9.94%	5.96%	-65.63%
Cost of Revenue	21.58	20.5	14.63	11.84	10.31	9.81
Gross Profit	13.81	13.26	10.32	8.12	7.85	7.32
Selling, General & Admin	11.83	11.95	10.98	6.85	7.88	7.88
Amortization of Goodwill & Intangibles	0.66	0.65	0.56	0.39	0.35	0.39
Operating Expenses	13.61	13.75	12.45	8.61	9.23	9.15
Operating Income	0.19	-0.49	-2.14	-0.48	-1.38	-1.83
Interest Expense	-0.28	-0.28	-0.23	-0.21	-0.46	-0.38
Currency Exchange Gain (Loss)	-0.07	-0.01	-0	-0.01	-0.01	-0.05
Other Non Operating Income (Expenses)	-0.36	-0.16	0.12	0	0.38	-2.19
EBT Excluding Unusual Items	-0.51	-0.94	-2.26	-0.7	-1.47	-4.45
Merger & Restructuring Charges	-	-0.72	-0.23	-2.56	-4.41	-0.2
Pretax Income	-0.51	-1.66	-2.49	-3.26	-5.88	-4.65
Income Tax Expense	0.41	0.39	-0.09	0.59	0.06	-0.66
Earnings From Continuing Operations	-0.92	-2.05	-2.4	-3.86	-5.94	-3.99
Earnings From Discontinued Operations	-	-	-	3.89	1.54	1.19
Net Income to Company	-0.92	-2.05	-2.4	0.03	-4.39	-2.8
Minority Interest in Earnings	0.03	0.03	0.02	-	-	-0.1
Net Income	-0.89	-2.03	-2.38	0.03	-4.39	-2.9
Net Income to Common	-0.89	-2.03	-2.38	0.03	-4.39	-2.9
Shares Outstanding (Basic)	27	27	27	26	22	21
Shares Outstanding (Diluted)	27	27	27	26	22	21
Shares Change (YoY)	0.01%	0.28%	0.31%	21.34%	3.01%	-
EPS (Basic)	-0.03	-0.08	-0.09	0.00	-0.20	-0.14
EPS (Diluted)	-0.03	-0.08	-0.09	0.00	-0.20	-0.14
Free Cash Flow	1.54	-0.01	-1.04	-4.17	1.7	3.8
Free Cash Flow Per Share	0.06	-0.00	-0.04	-0.16	0.08	0.18
Gross Margin	39.02%	39.27%	41.34%	40.69%	43.23%	42.72%
Operating Margin	0.55%	-1.45%	-8.57%	-2.43%	-7.62%	-10.69%
Profit Margin	-2.53%	-6.00%	-9.54%	0.16%	-24.19%	-16.95%
Free Cash Flow Margin	4.34%	-0.04%	-4.15%	-20.87%	9.39%	22.16%
EBITDA	1.07	0.35	-1.41	0.06	-0.83	-1.13
EBITDA Margin	3.02%	1.03%	-5.64%	0.30%	-4.57%	-6.60%
D&A For EBITDA	0.88	0.84	0.73	0.54	0.55	0.7
EBIT	0.19	-0.49	-2.14	-0.48	-1.38	-1.83
EBIT Margin	0.55%	-1.45%	-8.57%	-2.43%	-7.62%	-10.69%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.