TSXV:XX

Stock Analysis Report

Executive Summary

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

Snowflake

Fundamentals

High growth potential with mediocre balance sheet.

Risks

  • Avante Logixx has significant price volatility in the past 3 months.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-4.2%

TSXV:XX

0.02%

CA Consumer Services

1.6%

CA Market


1 Year Return

-48.9%

TSXV:XX

27.9%

CA Consumer Services

-0.5%

CA Market

XX underperformed the Consumer Services industry which returned 27.9% over the past year.

XX underperformed the Market in Canada which returned -0.3% over the past year.


Share holder returns

XXIndustryMarket
7 Day-4.2%0.02%1.6%
30 Day-12.9%-0.8%3.9%
90 Day-23.8%34.9%0.8%
1 Year-48.9%-48.9%33.0%27.9%3.0%-0.5%
3 Year-17.9%-17.9%112.7%88.5%19.5%8.8%
5 Year-14.8%-14.8%259.7%184.9%21.0%3.6%

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 based on future cash flows and its price relative to the stock market?

1.47x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Avante Logixx to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Avante Logixx to establish if it is available at substantial discount.


Price Based on Earnings

Avante Logixx is loss making, we can't compare its value to the North America Consumer Services industry average.

Avante Logixx is loss making, we can't compare the value of its earnings to the Canada market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Avante Logixx, we can't assess if its growth is good value.


Price Based on Value of Assets

Avante Logixx is overvalued based on assets compared to the CA Consumer Services industry average.


Next Steps

Future Growth

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

55.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Avante Logixx's revenue is expected to grow significantly at over 20% yearly.

Avante Logixx's earnings are expected to grow significantly at over 20% yearly.

Avante Logixx's revenue growth is expected to exceed the Canada market average.

Avante Logixx's earnings growth is expected to exceed the Canada market average.

Avante Logixx's earnings growth is expected to exceed the low risk savings rate of 1.9%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Avante Logixx will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Avante Logixx performed over the past 5 years?

-81.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Avante Logixx does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare Avante Logixx's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Avante Logixx's 1-year growth to the North America Consumer Services industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Avante Logixx has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Avante Logixx has efficiently used its assets last year compared to the North America Consumer Services industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Avante Logixx improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Avante Logixx's financial position?


Financial Position Analysis

Avante Logixx is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Avante Logixx's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Avante Logixx's level of debt (18.3%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (0% vs 18.3% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Avante Logixx's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 4.4x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Avante Logixx's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Avante Logixx's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Avante Logixx has not reported any payouts.

Unable to verify if Avante Logixx's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Avante Logixx has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Avante Logixx's salary, the management and board of directors tenure and is there insider trading?

0.9yrs

Average management tenure


CEO

Craig Campbell (42yo)

1.7yrs

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., a Toronto-b ...


CEO Compensation Analysis

Craig's remuneration is higher than average for companies of similar size in Canada.

Craig's compensation has increased whilst company is loss making.


Management Age and Tenure

0.9yrs

Average Tenure

The average tenure for the Avante Logixx management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.3yrs

Average Tenure

51yo

Average Age

The average tenure for the Avante Logixx board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyCA$137,35709 Apr 19
Craig Campbell
EntityIndividual
Role
Chief Executive Officer
CEO & Director
Shares80,500
Max PriceCA$1.79
SellCA$13,41005 Oct 18
Leland Verner
EntityIndividual
Role
Chairman of the Board
Chairman
Shares5,960
Max PriceCA$2.25
SellCA$45,00024 Sep 18
Illyria Inc.
EntityCompany
Shares20,000
Max PriceCA$2.25

Ownership Breakdown


Management Team

  • Rob Mirian

    Director of Technical Services

    • Tenure: 0yrs
  • Craig Campbell (42yo)

    CEO & Director

    • Tenure: 1.7yrs
    • Compensation: CA$299.85k
  • Francis Michaud (43yo)

    Senior VP of Finance & Interim CFO

    • Tenure: 0.8yrs
    • Compensation: CA$200.00k
  • Danny Shearer

    President & Director of City Wide Locksmiths Ltd

    • Tenure: 0yrs
  • Scott Goodman

    Chief People & Legal Affairs Officer

    • Tenure: 0.9yrs
  • Dan Marston

    Senior VP of Sales & Business Development

    • Tenure: 0.8yrs

Board Members

  • Joe Leeder (64yo)

    Independent Director

    • Tenure: 11.8yrs
    • Compensation: CA$45.00k
  • Leland Verner (73yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: CA$194.25k
  • Stewart Lyons (46yo)

    Director

    • Tenure: 1yrs
    • Compensation: CA$37.50k
  • Cindy Tripp

    Director

    • Tenure: 1yrs
    • Compensation: CA$37.50k
  • Carol Osler

    Director

    • Tenure: 1yrs
    • Compensation: CA$37.50k
  • Drew Coles (51yo)

    Director

    • Tenure: 1.7yrs
    • Compensation: CA$42.75k
  • Craig Campbell (42yo)

    CEO & Director

    • Tenure: 1.7yrs
    • Compensation: CA$299.85k
  • Danny Shearer

    President & Director of City Wide Locksmiths Ltd

    • Tenure: 0yrs

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$24.371m
  • 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 Analysis2019/09/17 00:12
End of Day Share Price2019/09/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.