Avante Corp. (TSXV: XX)

Avante Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Cash & Equivalents	3.91	6.03	10.11	0.35	1.62	1.34
Cash & Short-Term Investments	3.91	6.03	10.11	0.35	1.62	1.34
Cash Growth	-20.27%	-40.37%	2756.51%	-78.19%	21.19%	-38.42%
Accounts Receivable	6.68	6.83	5.33	4	18.73	17.05
Other Receivables	1.13	0.85	0.69	0.03	0.08	-
Receivables	7.81	7.68	6.08	4.08	18.87	17.05
Inventory	1.32	1.1	0.93	0.94	1.62	1.85
Prepaid Expenses	0.99	0.59	0.19	0.25	0.5	0.77
Total Current Assets	14.04	15.4	17.32	5.63	22.61	21.01
Property, Plant & Equipment	2.32	2.34	2.42	1.67	3.72	3.83
Long-Term Investments	-	-	-	-	-	0.05
Goodwill	4.5	4.5	2.97	2.97	9.6	10.53
Other Intangible Assets	2.17	2.49	1.88	1.74	6.04	10.76
Long-Term Deferred Tax Assets	0.44	0.44	0.72	1.23	1.47	2.82
Long-Term Deferred Charges	0	0	0	0.01	0.28	0.1
Other Long-Term Assets	-	-	-	29.33	-	-
Total Assets	23.46	25.17	25.58	42.94	44.11	49.1
Accounts Payable	3.9	4.57	4.2	6.16	10.43	9.99
Short-Term Debt	0.09	0.09	-	-	0.16	3.82
Current Portion of Long-Term Debt	-	-	0.5	0.44	1.7	1.12
Current Portion of Leases	0.62	0.56	0.57	0.51	0.78	0.74
Current Income Taxes Payable	-	0	-	-	-	0.16
Current Unearned Revenue	2.42	2.39	2.14	2.25	2.96	3.25
Other Current Liabilities	1.27	1.27	-	-	-	-
Total Current Liabilities	8.3	8.88	7.41	9.36	16.03	19.07
Long-Term Debt	-	-	-	8.42	9.88	8.57
Long-Term Leases	0.77	0.82	1.06	0.34	1.4	1.71
Long-Term Deferred Tax Liabilities	0.14	0.14	0.33	0.25	1.35	3.13
Other Long-Term Liabilities	1.73	1.82	-	8.52	3.81	1.74
Total Liabilities	10.95	11.66	8.8	26.89	32.47	34.22
Common Stock	30.23	30.23	30.14	30.14	21.43	21.43
Additional Paid-In Capital	2.44	2.4	2.34	1.64	1.54	1.46
Retained Earnings	-19.75	-18.73	-15.7	-15.73	-10.34	-7.43
Comprehensive Income & Other	-0.38	-0.37	-	-	-1	-0.96
Total Common Equity	12.55	13.53	16.78	16.05	11.63	14.51
Minority Interest	-0.04	-0.02	-	-	-	0.37
Shareholders' Equity	12.51	13.51	16.78	16.05	11.63	14.88
Total Liabilities & Equity	23.46	25.17	25.58	42.94	44.11	49.1
Total Debt	1.48	1.47	2.13	9.71	13.92	15.95
Net Cash (Debt)	2.43	4.56	7.98	-9.35	-12.3	-14.61
Net Cash Growth	-34.05%	-42.85%	-	-	-	-
Net Cash Per Share	0.09	0.17	0.30	-0.43	-0.58	-0.69
Filing Date Shares Outstanding	26.64	26.64	26.49	26.49	21.19	21.19
Total Common Shares Outstanding	26.64	26.64	26.49	26.49	21.19	21.19
Working Capital	5.73	6.52	9.91	-3.74	6.57	1.93
Book Value Per Share	0.47	0.51	0.63	0.61	0.55	0.68
Tangible Book Value	5.88	6.54	11.93	11.34	-4.01	-6.79
Tangible Book Value Per Share	0.22	0.25	0.45	0.43	-0.19	-0.32
Buildings	0.47	0.47	0.47	0.47	0.47	0.47
Machinery	1.46	1.4	1.22	1.12	1.4	2
Leasehold Improvements	0.82	0.82	0.72	0.74	0.76	1.09

Source: S&P Capital IQ. Standard template. Financial Sources.