Avante Corp. (TSXV:XX)

Avante Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021
Cash & Equivalents	4.72	6.03	10.11	0.35	1.62
Cash & Short-Term Investments	4.72	6.03	10.11	0.35	1.62
Cash Growth	-21.68%	-40.37%	2756.51%	-78.19%	21.19%
Accounts Receivable	7.65	6.83	5.33	4	18.73
Other Receivables	-	0.85	0.69	0.03	0.08
Receivables	7.65	7.68	6.08	4.08	18.87
Inventory	1.03	1.1	0.93	0.94	1.62
Prepaid Expenses	0.43	0.59	0.19	0.25	0.5
Total Current Assets	13.83	15.4	17.32	5.63	22.61
Property, Plant & Equipment	2.25	2.34	2.42	1.67	3.72
Goodwill	4.44	4.5	2.97	2.97	9.6
Other Intangible Assets	2.23	2.49	1.88	1.74	6.04
Long-Term Deferred Tax Assets	0.29	0.44	0.72	1.23	1.47
Long-Term Deferred Charges	-	0	0	0.01	0.28
Other Long-Term Assets	-	-	-	29.33	-
Total Assets	23.05	25.17	25.58	42.94	44.11
Accounts Payable	3.64	4.57	4.2	6.16	10.43
Short-Term Debt	0.1	0.09	-	-	0.16
Current Portion of Long-Term Debt	-	-	0.5	0.44	1.7
Current Portion of Leases	0.67	0.56	0.57	0.51	0.78
Current Income Taxes Payable	0.25	0	-	-	-
Current Unearned Revenue	2.86	2.39	2.14	2.25	2.96
Other Current Liabilities	-	1.27	-	-	-
Total Current Liabilities	7.52	8.88	7.41	9.36	16.03
Long-Term Debt	-	-	-	8.42	9.88
Long-Term Leases	0.59	0.82	1.06	0.34	1.4
Long-Term Deferred Tax Liabilities	0.14	0.14	0.33	0.25	1.35
Other Long-Term Liabilities	2.04	1.82	-	8.52	3.81
Total Liabilities	10.29	11.66	8.8	26.89	32.47
Common Stock	30.24	30.23	30.14	30.14	21.43
Additional Paid-In Capital	2.53	2.4	2.34	1.64	1.54
Retained Earnings	-20.1	-18.73	-15.7	-15.73	-10.34
Comprehensive Income & Other	-0.11	-0.37	-	-	-1
Total Common Equity	12.56	13.53	16.78	16.05	11.63
Minority Interest	0.2	-0.02	-	-	-
Shareholders' Equity	12.76	13.51	16.78	16.05	11.63
Total Liabilities & Equity	23.05	25.17	25.58	42.94	44.11
Total Debt	1.36	1.47	2.13	9.71	13.92
Net Cash (Debt)	3.36	4.56	7.98	-9.35	-12.3
Net Cash Growth	-26.24%	-42.85%	-	-	-
Net Cash Per Share	0.13	0.17	0.30	-0.43	-0.58
Filing Date Shares Outstanding	26.65	26.64	26.49	26.49	21.19
Total Common Shares Outstanding	26.65	26.64	26.49	26.49	21.19
Working Capital	6.32	6.52	9.91	-3.74	6.57
Book Value Per Share	0.47	0.51	0.63	0.61	0.55
Tangible Book Value	5.89	6.54	11.93	11.34	-4.01
Tangible Book Value Per Share	0.22	0.25	0.45	0.43	-0.19
Buildings	-	0.47	0.47	0.47	0.47
Machinery	-	1.4	1.22	1.12	1.4
Leasehold Improvements	-	0.82	0.72	0.74	0.76

Updated Feb 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.