TSXV:XX

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Executive Summary

Avante Logixx Inc., through its subsidiaries, provides security services to residential, commercial, and enterprise clients. More Details


Snowflake Analysis

Imperfect balance sheet with concerning outlook.

Share Price & News

How has Avante Logixx's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: XX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.4%

XX

-3.1%

CA Consumer Services

-3.3%

CA Market


1 Year Return

-9.1%

XX

1.5%

CA Consumer Services

-9.7%

CA Market

Return vs Industry: XX underperformed the Canadian Consumer Services industry which returned 1.5% over the past year.

Return vs Market: XX matched the Canadian Market which returned -9.7% over the past year.


Shareholder returns

XXIndustryMarket
7 Day-7.4%-3.1%-3.3%
30 Day25.0%-3.5%-4.4%
90 Day25.0%20.4%5.1%
1 Year-9.1%-9.1%3.1%1.5%-6.5%-9.7%
3 Year-28.6%-28.6%33.2%27.5%5.3%-4.9%
5 Year-27.3%-27.3%102.3%82.0%38.7%17.3%

Price Volatility Vs. Market

How volatile is Avante Logixx's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Avante Logixx undervalued compared to its fair value and its price relative to the market?

1.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate XX's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate XX's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: XX is unprofitable, so we can't compare its PE Ratio to the XN Consumer Services industry average.

PE vs Market: XX is unprofitable, so we can't compare its PE Ratio to the Canadian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate XX's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: XX is overvalued based on its PB Ratio (1.6x) compared to the CA Consumer Services industry average (0.9x).


Next Steps

Future Growth

How is Avante Logixx forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

11.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if XX's forecast earnings growth is above the savings rate (1.7%).

Earnings vs Market: Insufficient data to determine if XX's earnings are forecast to grow faster than the Canadian market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: XX's revenue (11.2% per year) is forecast to grow faster than the Canadian market (5.5% per year).

High Growth Revenue: XX's revenue (11.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if XX's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Avante Logixx performed over the past 5 years?

-73.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: XX is currently unprofitable.

Growing Profit Margin: XX is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: XX is unprofitable, and losses have increased over the past 5 years at a rate of 73.5% per year.

Accelerating Growth: Unable to compare XX's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: XX is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (3%).


Return on Equity

High ROE: XX has a negative Return on Equity (-23.98%), as it is currently unprofitable.


Next Steps

Financial Health

How is Avante Logixx's financial position?


Financial Position Analysis

Short Term Liabilities: XX's short term assets (CA$20.9M) exceed its short term liabilities (CA$19.5M).

Long Term Liabilities: XX's short term assets (CA$20.9M) exceed its long term liabilities (CA$14.9M).


Debt to Equity History and Analysis

Debt Level: XX's debt to equity ratio (108.8%) is considered high.

Reducing Debt: XX's debt to equity ratio has increased from 1% to 108.8% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: XX has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: XX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 49.9% each year


Next Steps

Dividend

What is Avante Logixx current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate XX's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate XX's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if XX's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if XX's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of XX's dividend in 3 years as they are not forecast to pay a notable one for the Canadian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Craig Campbell (43 yo)

2.67yrs

Tenure

CA$299,845

Compensation

Mr. Craig Bradley Campbell has been Chief Executive Officer and Director at Avante Logixx Inc. since January 10, 2018. Mr. Campbell is the Founder, CEO and President of Resilience Capital Inc. Mr. Campbell ...


CEO Compensation Analysis

Compensation vs Market: Craig's total compensation ($USD223.81K) is about average for companies of similar size in the Canadian market ($USD178.06K).

Compensation vs Earnings: Craig's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Craig Campbell
CEO & Director2.67yrsCA$299.85k14.16%
CA$ 3.0m
Stephen Rotz
Chief Financial Officer0.67yrno data0.28%
CA$ 60.0k
Scott Goodman
Chief People & Legal Affairs Officer1.92yrsno datano data
Dan Marston
Senior VP of Sales & Business Development1.83yrsno datano data
Danny Shearer
President & Director of City Wide Locksmiths Ltd4.42yrsno datano data
Geoff Reed
President of Avante Security Inc.1.17yrsno datano data
Han Koren
President of Logixx Security Inc.0.75yrno datano data
Rob Mirian
Director of Technical Servicesno datano datano data
Marc Henley
Sr. Associate of Corporate Developmentno datano datano data

1.8yrs

Average Tenure

Experienced Management: XX's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Craig Campbell
CEO & Director2.67yrsCA$299.85k14.16%
CA$ 3.0m
Danny Shearer
President & Director of City Wide Locksmiths Ltd4.42yrsno datano data
Samuel Duboc
Independent Interim Chairman0.75yrno data0.94%
CA$ 200.0k
James Leeder
Independent Director12.83yrsCA$45.00k0.24%
CA$ 51.8k
Stewart Lyons
Independent Director2yrsCA$37.50kno data
Carol Osler
Independent Director2yrsCA$37.50kno data
Andrea Fiederer
Directorno datano datano data

2.3yrs

Average Tenure

47yo

Average Age

Experienced Board: XX's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: XX insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Avante Logixx Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Avante Logixx Inc.
  • Ticker: XX
  • Exchange: TSXV
  • Founded:
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: CA$21.192m
  • Shares outstanding: 21.19m
  • Website: https://www.avantelogixx.com

Number of Employees


Location

  • Avante Logixx Inc.
  • 1959 Leslie Street
  • Toronto
  • Ontario
  • M3B 2M3
  • Canada

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
XXTSXV (TSX Venture Exchange)YesCommon SharesCACADApr 2008
ALXX.FOTCPK (Pink Sheets LLC)YesCommon SharesUSUSDApr 2008

Biography

Avante Logixx Inc., through its subsidiaries, provides security services to residential, commercial, and enterprise clients. The company offers physical protection services, including guarding, patrol and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/25 05:33
End of Day Share Price2020/09/24 00:00
Earnings2020/06/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.