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Avant Brands Inc (AVNT.TO)

Avant Brands Inc (AVNT.TO)
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Avant Brands Inc is a premium cannabis company. It has multiple licensed and operational production facilities across Canada, which produce high-quality, handcrafted cannabis products for desired, and award-winning consumer brands, sold across both recreational and medical channels. The company's diverse product range is distributed through three distinct sales channels: recreational, medical, and export. Among its recreational offerings are renowned consumer brands like BLK MKT, Tenzo, Cognoscente, and Treehugger, available across key markets including British Columbia, Saskatchewan, Manitoba, Ontario, Atlantic Canada, and the territories.

Fiscal Year End Date: 11/30

(Values in U.S. Thousands) Nov, 2024 Nov, 2023 Nov, 2022 Nov, 2021 Nov, 2020
Sales 35,803 26,344 20,149 9,499 7,907
Sales Growth +35.91% +30.75% +112.12% +20.13% +234.90%
Net Income -22,554 -5,070 -7,542 -11,234 -10,171
Net Income Growth -344.85% +32.78% +32.86% -10.45% -4.12%
(Values in U.S. Thousands) Nov, 2024 Nov, 2023 Nov, 2022 Nov, 2021 Nov, 2020
Total Assets 59,472 82,552 67,031 50,570 40,800
Total Assets Growth -27.96% +23.16% +32.55% +23.95% -9.96%
Total Liabilities 26,617 33,224 18,788 2,696 12,380
Total Liabilities Growth -19.89% +76.84% +596.88% -78.22% +38.99%
(Values in U.S. Thousands) Nov, 2024 Nov, 2023 Nov, 2022 Nov, 2021 Nov, 2020
Operating Cash Flow 507 5,414 -3,461 -5,623 -357
Operating Cash Flow Growth -90.64% +256.43% +38.45% -1,475.07% +95.83%
Net Cash Flow 968 -5,992 -7,549 13,688 -1,344
Change in Net Cash Flow +116.15% +20.63% -155.15% +1,118.45% -227.88%
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