Avante Corp. (TSXV:XX)

Avante Balance Sheet

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

Assets

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	6.22	4.72	6.03	10.11	0.35
Cash & Short-Term Investments	6.22	4.72	6.03	10.11	0.35
Cash Growth	31.68%	-21.68%	-40.37%	2756.51%	-78.19%
Accounts Receivable	7.63	7.43	7.39	5.6	3.52
Other Receivables	0.3	0.23	0.29	0.48	0.56
Total Trade Receivables	7.93	7.65	7.68	6.08	4.08
Inventory	0.89	1.03	1.1	0.93	0.94
Other Current Assets	0.54	0.43	0.59	0.19	29.59
Total Current Assets	15.58	13.83	15.4	17.32	34.96
Net Property, Plant & Equipment	2.62	2.25	2.34	2.44	1.74
Other Intangible Assets	1.9	2.23	2.49	1.86	1.68
Goodwill	4.44	4.44	4.5	2.97	2.97
Long-Term Investments	-	-	-	0.26	0.35
Other Long-Term Assets	0.4	0.29	0.44	0.72	1.25
Total Assets	24.95	23.05	25.17	25.58	42.94

Liabilities

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Accounts Payable	4.38	3.64	4.57	4.2	6.16
Short-Term Debt	0.11	0.1	0.09	0.5	0.44
Current Portion of Leases	0.71	0.67	0.56	0.57	0.51
Unearned Revenue	4.63	2.86	2.39	2.14	2.25
Other Current Liabilities	1.78	0.25	0	-	8.52
Total Current Liabilities	11.61	7.52	7.61	7.41	17.88
Long-Term Debt	-	-	-	-	8.42
Long-Term Leases	0.47	0.59	0.82	1.06	0.34
Other Long-Term Liabilities	2.53	2.18	1.96	0.33	0.25
Total Long-Term Liabilities	3	2.77	2.78	1.4	9.01
Total Liabilities	14.61	10.29	10.39	8.8	26.89

Shareholders' Equity

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

Additional Metrics

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	Mar 31, 2026	Mar 31, 2025	Mar 31, 2024	Mar 31, 2023	Mar 31, 2022
Total Debt	1.29	1.36	1.47	2.13	9.71
Net Cash (Debt)	4.93	3.36	4.56	7.98	-9.35
Net Cash Growth	46.67%	-26.24%	-42.85%	-	-
Net Cash Per Share	0.18	0.13	0.17	0.30	-0.43
Book Value	10.25	12.56	14.55	16.78	16.05
Book Value Per Share	0.38	0.47	0.55	0.63	0.74
Tangible Book Value	3.91	5.89	7.56	11.95	11.4
Tangible Book Value Per Share	0.15	0.22	0.28	0.45	0.52

Data Source: Fiscal.ai Last updated: Jul 22, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 31, 2026

Data Sources Report a data error