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XX

Avante Logixx TSXV:XX Stock Report

Last Price

CA$0.75

Market Cap

CA$19.9m

7D

11.9%

1Y

-49.0%

Updated

24 Jun, 2022

Data

Company Financials
XX fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

XX Stock Overview

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

Avante Logixx Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Avante Logixx
Historical stock prices
Current Share PriceCA$0.75
52 Week HighCA$2.25
52 Week LowCA$0.65
Beta1.68
1 Month Change-9.64%
3 Month Change-37.50%
1 Year Change-48.98%
3 Year Change-52.23%
5 Year Change-55.22%
Change since IPO-61.54%

Recent News & Updates

Shareholder Returns

XXCA Consumer ServicesCA Market
7D11.9%7.7%0.3%
1Y-49.0%0.3%-4.1%

Return vs Industry: XX underperformed the Canadian Consumer Services industry which returned -2% over the past year.

Return vs Market: XX underperformed the Canadian Market which returned -5.7% over the past year.

Price Volatility

Is XX's price volatile compared to industry and market?
XX volatility
XX Average Weekly Movement9.4%
Consumer Services Industry Average Movement9.2%
Market Average Movement9.9%
10% most volatile stocks in CA Market17.2%
10% least volatile stocks in CA Market4.3%

Stable Share Price: XX is not significantly more volatile than the rest of Canadian stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: XX's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19961,963Manny Mounouchoshttps://www.avantelogixx.com

Avante Logixx Inc., through its subsidiaries, provides security services to residential, commercial, and enterprise clients in Canada. It operates through two segments, Logixx Security and Avante Security. The company offers physical protection services, including guarding, patrol and rapid response, intelligent perimeter protection, secure transport, and international security travel advisory and transport services.

Avante Logixx Fundamentals Summary

How do Avante Logixx's earnings and revenue compare to its market cap?
XX fundamental statistics
Market CapCA$19.87m
Earnings (TTM)-CA$873.05k
Revenue (TTM)CA$94.71m

0.2x

P/S Ratio

-22.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XX income statement (TTM)
RevenueCA$94.71m
Cost of RevenueCA$74.50m
Gross ProfitCA$20.21m
Other ExpensesCA$21.09m
Earnings-CA$873.05k

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.033
Gross Margin21.34%
Net Profit Margin-0.92%
Debt/Equity Ratio133.8%

How did XX perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is XX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for XX?

Other financial metrics that can be useful for relative valuation.

XX key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA7.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does XX's PS Ratio compare to its peers?

XX PS Ratio vs Peers
The above table shows the PS ratio for XX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average1.7x

Price-To-Sales vs Peers: XX is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.7x).


Price to Earnings Ratio vs Industry

How does XX's PE Ratio compare vs other companies in the Consumer Services Industry?

Price-To-Sales vs Industry: XX is good value based on its Price-To-Sales Ratio (0.2x) compared to the Canadian Consumer Services industry average (0.6x)


Price to Sales Ratio vs Fair Ratio

What is XX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

XX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate XX's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of XX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: XX (CA$0.75) is trading below our estimate of fair value (CA$28.32)

Significantly Below Fair Value: XX is trading below fair value by more than 20%.


Price to Earnings Growth Ratio

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


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Future Growth

How is Avante Logixx forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


43.9%

Forecasted Consumer Services industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Avante Logixx has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


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  • Examine whether Avante Logixx is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Avante Logixx competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Avante Logixx performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-44.4%

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 44.4% 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 (-10.4%).


Return on Equity

High ROE: XX has a negative Return on Equity (-8.18%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Avante Logixx's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: XX's short term assets (CA$22.5M) exceed its short term liabilities (CA$13.1M).

Long Term Liabilities: XX's short term assets (CA$22.5M) exceed its long term liabilities (CA$20.0M).


Debt to Equity History and Analysis

Debt Level: XX's net debt to equity ratio (107.2%) is considered high.

Reducing Debt: XX's debt to equity ratio has increased from 1% to 133.8% 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: Whilst unprofitable XX has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: XX is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.8% per year.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

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.


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as XX has not reported any payouts.


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Management

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

0.3yrs

Average board tenure


CEO

Manny Mounouchos (58 yo)

0.42

Tenure

CA$11,750

Compensation

Mr. Emmanuel Mounouchos, also known as Manny, founded Avante Security Corp., (now Avante Logixx Inc.) in 1996 and served as its President and Chief Executive Officer. He served as Co-Chief Executive Office...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Manny's total compensation is reasonable compared to companies of similar size in the Canadian market.

Compensation vs Earnings: Manny's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: XX's board of directors are not considered experienced ( 0.3 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 25%.


Top Shareholders

Company Information

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


Key Information

  • Name: Avante Logixx Inc.
  • Ticker: XX
  • Exchange: TSXV
  • Founded: 1996
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Implied Market Cap: CA$19.867m
  • Shares outstanding: 26.49m
  • Website: https://www.avantelogixx.com

Number of Employees


Location

  • Avante Logixx Inc.
  • 130 Bloor Street West
  • Suite 601
  • Toronto
  • Ontario
  • M5S 1N5
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


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.