Avante Corp. (TSXV:XX)

Avante Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	6.77	6.22	4.72	6.03	10.11	0.35
Cash & Short-Term Investments	6.77	6.22	4.72	6.03	10.11	0.35
Cash Growth	43.68%	31.68%	-21.68%	-40.37%	2756.51%	-78.19%
Accounts Receivable	5.97	7.32	7.07	6.81	5.33	4
Other Receivables	-	0.61	0.59	0.87	0.69	0.03
Receivables	5.97	7.93	7.65	7.68	6.08	4.08
Inventory	0.77	0.89	1.03	1.1	0.93	0.94
Prepaid Expenses	0.64	0.54	0.43	0.59	0.19	0.25
Total Current Assets	14.16	15.58	13.83	15.4	17.32	5.63
Property, Plant & Equipment	2.78	2.62	2.25	2.34	2.42	1.67
Goodwill	4.44	4.44	4.44	4.5	2.97	2.97
Other Intangible Assets	1.87	1.9	2.23	2.49	1.88	1.74
Long-Term Deferred Tax Assets	0.4	0.4	0.29	0.44	0.72	1.23
Long-Term Deferred Charges	-	-	-	-	0	0.01
Other Long-Term Assets	-	-	-	-	-	29.33
Total Assets	23.65	24.95	23.05	25.17	25.58	42.94

Liabilities

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	3.59	4.38	3.64	4.57	4.2	6.16
Short-Term Debt	0.11	0.11	0.1	0.09	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.5	0.44
Current Portion of Leases	0.74	0.71	0.67	0.56	0.57	0.51
Current Income Taxes Payable	0.24	0.13	0.25	0	-	-
Current Unearned Revenue	3.72	4.63	2.86	2.39	2.14	2.25
Other Current Liabilities	2.12	1.65	-	-	-	-
Total Current Liabilities	10.52	11.61	7.52	7.61	7.41	9.36
Long-Term Debt	-	-	-	-	-	8.42
Long-Term Leases	0.45	0.47	0.59	0.82	1.06	0.34
Long-Term Deferred Tax Liabilities	0.16	0.16	0.14	0.14	0.33	0.25
Other Long-Term Liabilities	2.51	2.38	2.04	1.82	-	8.52
Total Liabilities	13.64	14.61	10.29	10.39	8.8	26.89

Shareholders' Equity

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Common Stock	30.24	30.24	30.24	30.23	30.14	30.14
Additional Paid-In Capital	2.76	2.74	2.53	2.4	2.34	1.64
Retained Earnings	-22.95	-22.61	-20.1	-18.08	-15.7	-15.73
Comprehensive Income & Other	-0.12	-0.13	-0.11	-0	-	-
Total Common Equity	9.93	10.25	12.56	14.55	16.78	16.05
Minority Interest	0.08	0.09	0.2	0.23	-	-
Shareholders' Equity	10.01	10.34	12.76	14.78	16.78	16.05
Total Liabilities & Equity	23.65	24.95	23.05	25.17	25.58	42.94

Additional Metrics

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	1.3	1.29	1.36	1.47	2.13	9.71
Net Cash (Debt)	5.47	4.93	3.36	4.56	7.98	-9.35
Net Cash Growth	63.29%	46.67%	-26.24%	-42.85%	-	-
Net Cash Per Share	0.21	0.19	0.13	0.17	0.30	-0.43
Filing Date Shares Outstanding	26.65	26.65	26.65	26.64	26.49	26.49
Total Common Shares Outstanding	26.65	26.65	26.65	26.64	26.49	26.49
Working Capital	3.64	3.98	6.32	7.79	9.91	-3.74
Book Value Per Share	0.37	0.38	0.47	0.55	0.63	0.61
Tangible Book Value	3.62	3.91	5.89	7.56	11.93	11.34
Tangible Book Value Per Share	0.14	0.15	0.22	0.28	0.45	0.43
Buildings	0.47	0.47	0.47	0.47	0.47	0.47
Machinery	2.19	2.03	1.55	1.4	1.22	1.12
Leasehold Improvements	0.95	0.95	0.86	0.82	0.72	0.74

Data Source: S&P Global Market Intelligence Last updated: Aug 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 10, 2026

Data Sources Report a data error