Annuncio • Mar 27
Avant Brands Inc., Annual General Meeting, May 04, 2026 Avant Brands Inc., Annual General Meeting, May 04, 2026. Location: british columbia, kelowna Canada Annuncio • Feb 24
Avant Brands Inc. to Report Q4, 2025 Results on Mar 02, 2026 Avant Brands Inc. announced that they will report Q4, 2025 results at 9:30 AM, US Eastern Standard Time on Mar 02, 2026 Annuncio • Jun 25
Avant Brands Inc. Announces Resignation of Sylvia Lee from the Board of Directors Avant Brands Inc. announced that Ms. Sylvia Lee has made the decision to resign from the Company's Board of Directors. Ms. Lee has diligently served on the Board for more than four years and has been instrumental contributing her immense experience to Avant through key phases of growth and strategic transformation. Annuncio • Mar 24
Avant Brands Inc., Annual General Meeting, May 30, 2025 Avant Brands Inc., Annual General Meeting, May 30, 2025. Location: british columbia, kelowna Canada Reported Earnings • Oct 16
Third quarter 2024 earnings released: CA$0.28 loss per share (vs CA$0.11 profit in 3Q 2023) Third quarter 2024 results: CA$0.28 loss per share (down from CA$0.11 profit in 3Q 2023). Revenue: CA$8.47m (up 30% from 3Q 2023). Net loss: CA$2.95m (down 416% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 59% per year, which means it is significantly lagging earnings. New Risk • Aug 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: €8.35m (US$9.23m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (35% average weekly change). Market cap is less than US$10m (€8.35m market cap, or US$9.23m). Minor Risk Shareholders have been diluted in the past year (23% increase in shares outstanding). Annuncio • Jul 29
Avant Brands Inc. announced that it has received CAD 3.9 million in funding On July 29, 2024, Avant Brands Inc. closed the transaction. Reported Earnings • Jul 17
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: CA$8.29m (up 3.8% from 2Q 2023). Net loss: CA$3.73m (loss widened CA$3.18m from 2Q 2023). Annuncio • Jul 16
Avant Brands Inc. announced that it expects to receive CAD 3.9 million in funding Avant Brands Inc. announced a non-brokered private placement of 3,900 senior unsecured convertible debentures units at a price of CAD 1,000 per convertible debenture unit for gross proceeds of up to CAD 3,900,000 on July 16, 2024. Each convertible debenture unit will be comprised of CAD 1,000 principal amount of senior unsecured convertible debentures and 10,000 common share purchase warrants. Each convertible debenture will be convertible into common shares, at the option of the holder at a conversion price of CAD 0.10 per debenture share, subject to adjustment in certain circumstances. Each warrant will entitle the holder thereof to purchase one common share at a price of CAD 0.10 per warrant share for a period of 48 months from the closing date. The transaction will include participation from a single institutional investor. The convertible debentures are expected to bear interest at a rate of 10% per annum from the closing date, calculated and payable quarterly in cash. any remaining accrued and unpaid interest will be paid by the company on the fourth anniversary of the closing date. The company is expected to repay 6.25% of the principal amount quarterly in cash and repay the remaining principal amount outstanding on the maturity date. The private placement is expected to close on or about July 19, 2024. The issuance of the convertible debenture units remains subject to the final approval of the Toronto Stock Exchange. Annuncio • Jun 05
Avant Brands Inc. announced that it has received CAD 2.393334 million in funding On June 4, 2024, Avant Brands Inc. closed the transaction. The company issued 28,156,868 units of the Company at a issue price of CAD 0.085 per unit for gross proceeds of CAD 2,393,333.78. The company paid finders’ fees related to this offering consist of CAD 13,600 and 160,000 non-transferable finders’ warrants which are exercisable on the same terms as the subscribing investors. The transaction included participation from insider and related-party participation for a total of CAD 817,500, including: CEO Norton Singhavon for CAD 175,000; CFO Jeremy Wright for CAD 42,500; and F-20 Developments Corp for CAD 600,000, and ther non-insider employees of Avant Brands participated for an additional CAD 386,000. All securities issued are subject to a four-month and one day hold period pursuant to securities laws in Canada expiring on October 4, 2024. Annuncio • May 11
Avant Brands Announces Leadership Changes Avant Brands Inc. announced the planned departure of Mr. David Lynn, the Company's Chief Operating Officer, effective July 5, 2024.Since 2018, Mr. Lynn has been instrumental in the construction and scale-up of the Company's operating facilities, developing Avant's incredible team of 175+ employees, while leading the domestic and international sales strategies. Additionally, Mr. Lynn has cultivated a strong leadership team that will assume his operations, sales, and export-focused responsibilities. Avant greatly appreciates his dedication and significant contributions, which have been foundational to year-over-year revenue growth. Additionally, in the Management Information Circular, dated April 5, 2024, the Company's Board of Directors nominated Mr. Michael Blady for re-election. The Company announces that Mr. Blady will not stand for re-election at the upcoming Annual General Meeting on May 30, 2024. Reported Earnings • Apr 17
First quarter 2024 earnings released First quarter 2024 results: Revenue: CA$8.08m (up 15% from 1Q 2023). Net loss: CA$2.75m (down CA$2.88m from profit in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 53% per year, which means it is significantly lagging earnings. Annuncio • Apr 10
Avant Brands Inc. announced that it expects to receive CAD 3.888888 million in funding Avant Brands Inc. announces non-brokered private placement of 45,751,623 units of the Company at a issue price of CAD 0.085 per unit for gross proceeds of CAD 3,888,888 on April 8, 2024. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant. Each Warrant entitles the holder thereof to purchase one common share of the Company at a price of CAD 0.12 for a period of 36 months following the closing date of the Offering. The securities to be issued under the Offering will be subject to a hold period of four months and a day from the closing date of the Offering. The transaction is subject to the approval of Toronto Stock Exchange. The transaction is expected to close on or about April 30, 2024. The Company anticipates receiving a lead order totaling CAD 600,000 from an existing strategic investor and insiders of the Company may participate in the Offering.
On the same date, the company announced the correction in securities. The company clarifies that each unit will instead consist of one common share in the capital of the company and one-half of one transferable common share purchase warrant. Annuncio • Mar 22
Avant Brands Inc., Annual General Meeting, May 30, 2024 Avant Brands Inc., Annual General Meeting, May 30, 2024. Board Change • Mar 07
Less than half of directors are independent Following Director Tyson Macdonald's arrival on 01 March 2024, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Duane Lo was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Mar 05
Avant Brands Inc. Appoints Tyson Macdonald as Board of Director Avant Brands Inc. announced that Tyson Macdonald has joined the company's board of directors, effective March 1, 2024. Tyson brings over 20 years of C-suite expertise in investment and transactions across diverse markets and sectors. As CEO of Nova Net Lease REIT, Tyson remains committed to actively investing in the US cannabis market. As former CFO of Cloud Cannabis, Tyson helped grow the company into a leading vertically integrated operator in the Michigan market. As EVP of Corporate Development at Acreage Holdings, Tyson spearheaded strategic growth in the US cannabis market, solidifying the company's prominence. His leadership culminated in the transformative $3.5 billion deal with Canopy Growth, showcasing Acreage Holdings' visionary edge. Reported Earnings • Mar 01
Full year 2023 earnings released: CA$0.02 loss per share (vs CA$0.037 loss in FY 2022) Full year 2023 results: CA$0.02 loss per share (improved from CA$0.037 loss in FY 2022). Revenue: CA$26.3m (up 31% from FY 2022). Net loss: CA$5.07m (loss narrowed 33% from FY 2022). Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has fallen by 51% per year, which means it is significantly lagging earnings. Annuncio • Feb 17
Avant Brands Inc. to Report Fiscal Year 2023 Results on Feb 28, 2024 Avant Brands Inc. announced that they will report fiscal year 2023 results After-Market on Feb 28, 2024 Annuncio • Feb 07
Avant Brands Inc. Announces Chief Financial Officer Changes Avant Brands Inc. announced that Miguel Martinez will be resigning from his current role as Chief Financial Officer ("CFO") at Avant Brands to pursue other opportunities. Effective March 1, 2024, Jeremy Wright, who previously served as the Company's founding CFO from September 2017 to August 2019, has agreed to rejoin the Company as interim CFO. Miguel will continue his employment with Avant until March 19, 2024, to ensure an effective transition. Jeremy Wright (CPA, CMA) brings more than 20 years of senior management experience to Avant. As the founding CFO of GTEC Holdings (rebranded to Avant and uplisted to the TSX in 2021), Jeremy was deeply involved in developing the Company's initial long-term strategy, which included assisting in the raising of more than $45 million for the Company during his two-year tenure. Reported Earnings • Oct 18
Third quarter 2023 earnings released: EPS: CA$0.004 (vs CA$0.009 in 3Q 2022) Third quarter 2023 results: EPS: CA$0.004 (down from CA$0.009 in 3Q 2022). Revenue: CA$6.49m (up 64% from 3Q 2022). Net income: CA$931.0k (down 51% from 3Q 2022). Profit margin: 14% (down from 48% in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 26% per year but the company’s share price has increased by 35% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Oct 05
Avant Brands Inc. to Report Q3, 2023 Results on Oct 16, 2023 Avant Brands Inc. announced that they will report Q3, 2023 results at 4:00 PM, US Eastern Standard Time on Oct 16, 2023 New Risk • Jul 20
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (€35.1m market cap, or US$39.1m). Reported Earnings • Jul 19
Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.019 loss in 2Q 2022) Second quarter 2023 results: CA$0.002 loss per share (improved from CA$0.019 loss in 2Q 2022). Revenue: CA$7.99m (up 96% from 2Q 2022). Net loss: CA$557.0k (loss narrowed 86% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Annuncio • Jul 12
Avant Brands Inc. to Report Q2, 2023 Results on Jul 17, 2023 Avant Brands Inc. announced that they will report Q2, 2023 results After-Market on Jul 17, 2023 Annuncio • May 31
Avant Brands Inc. Appoints Sylvia Lee as Director Avant Brands Inc. appointed Sylvia Lee as Director at its AGM held on May 30, 2023. Reported Earnings • Apr 14
First quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0.002 loss in 1Q 2022) First quarter 2023 results: EPS: CA$0.001 (up from CA$0.002 loss in 1Q 2022). Revenue: CA$7.03m (up 68% from 1Q 2022). Net income: CA$124.0k (up CA$619.0k from 1Q 2022). Profit margin: 1.8% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Reported Earnings • Mar 01
Full year 2022 earnings released: CA$0.037 loss per share (vs CA$0.061 loss in FY 2021) Full year 2022 results: CA$0.037 loss per share (improved from CA$0.061 loss in FY 2021). Revenue: CA$20.1m (up 112% from FY 2021). Net loss: CA$7.54m (loss narrowed 32% from FY 2021). Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. Annuncio • Jan 24
Avant Brands Inc. to Report Fiscal Year 2022 Results on Feb 22, 2023 Avant Brands Inc. announced that they will report fiscal year 2022 results After-Market on Feb 22, 2023 Reported Earnings • Oct 18
Third quarter 2022 earnings released: EPS: CA$0.009 (vs CA$0.013 loss in 3Q 2021) Third quarter 2022 results: EPS: CA$0.009 (up from CA$0.013 loss in 3Q 2021). Revenue: CA$3.96m (up 45% from 3Q 2021). Net income: CA$1.89m (up CA$4.53m from 3Q 2021). Profit margin: 48% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jul 15
Second quarter 2022 earnings released: CA$0.019 loss per share (vs CA$0.008 loss in 2Q 2021) Second quarter 2022 results: CA$0.019 loss per share (down from CA$0.008 loss in 2Q 2021). Revenue: CA$4.07m (up 66% from 2Q 2021). Net loss: CA$3.84m (loss widened 149% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 15
First quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.002 profit in 1Q 2021) First quarter 2022 results: CA$0.002 loss per share (down from CA$0.002 profit in 1Q 2021). Revenue: CA$4.20m (up 113% from 1Q 2021). Net loss: CA$495.0k (down 296% from profit in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 27
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: CA$0.061 loss per share (up from CA$0.072 loss in FY 2020). Revenue: CA$9.50m (up 20% from FY 2020). Net loss: CA$11.1m (loss widened 14% from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has fallen by 24% per year, which means it is significantly lagging earnings. Executive Departure • Dec 01
Chief Financial Officer Kendra Blackford has left the company On the 30th of November, Kendra Blackford's tenure as Chief Financial Officer ended after 2.3 years in the role. As of September 2021, Kendra still personally held 300.00k shares (€97k worth at the time). Kendra is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 2.42 years. Reported Earnings • Oct 15
Third quarter 2021 earnings released: CA$0.013 loss per share (vs CA$0.003 loss in 3Q 2020) The company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: CA$2.73m (up 32% from 3Q 2020). Net loss: CA$2.65m (loss widened CA$2.37m from 3Q 2020). Board Change • Aug 01
High number of new directors Independent Non-Executive Chairman of the Board Jurgen Schreiber was the last director to join the board, commencing their role in 2021. Reported Earnings • Jul 15
Second quarter 2021 earnings released The company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: CA$2.46m (up 97% from 2Q 2020). Net loss: CA$1.54m (loss widened 99% from 2Q 2020). Reported Earnings • Apr 30
First quarter 2021 earnings released The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: CA$1.97m (down 16% from 1Q 2020). Net income: CA$253.0k (up CA$1.29m from 1Q 2020). Profit margin: 13% (up from net loss in 1Q 2020). Reported Earnings • Mar 06
Full year 2020 earnings released The company reported a solid full year result with improved revenues and control over costs, although losses increased. Full year 2020 results: Revenue: CA$7.91m (up 235% from FY 2019). Net loss: CA$9.74m (loss widened 1.8% from FY 2019). Is New 90 Day High Low • Feb 11
New 90-day high: €0.21 The company is up 207% from its price of €0.069 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Pharmaceuticals industry, which is up 11% over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total losses of CA$4.26m, with losses narrowing by 60% from the prior year. Total revenue was CA$6.78m over the last 12 months, up 420% from the prior year. 
