Avante Logixx Inc., through its subsidiaries, provides security services to residential, commercial, and enterprise clients in Canada.
Price History & Performance
|Historical stock prices|
|Current Share Price||CA$1.98|
|52 Week High||CA$0.80|
|52 Week Low||CA$2.23|
|1 Month Change||1.54%|
|3 Month Change||32.00%|
|1 Year Change||83.33%|
|3 Year Change||-12.00%|
|5 Year Change||36.55%|
|Change since IPO||1.54%|
Recent News & Updates
Is Avante Logixx (CVE:XX) A Risky Investment?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|XX||CA Consumer Services||CA Market|
Return vs Industry: XX exceeded the Canadian Consumer Services industry which returned 36.6% over the past year.
Return vs Market: XX exceeded the Canadian Market which returned 29% over the past year.
Stable Share Price: XX is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: XX's weekly volatility (6%) has been stable over the past year.
About the Company
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
|XX fundamental statistics|
Is XX overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|XX income statement (TTM)|
|Cost of Revenue||CA$75.03m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.079|
|Net Profit Margin||-1.71%|
How did XX perform over the long term?See historical performance and comparison
Is Avante Logixx undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: XX (CA$1.98) is trading below our estimate of fair value (CA$12.18)
Significantly Below Fair Value: XX is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: XX is unprofitable, so we can't compare its PE Ratio to the North American 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 (3.5x) compared to the CA Consumer Services industry average (1.7x).
How is Avante Logixx forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
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 (1.5%).
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 (7.5% per year) is forecast to grow faster than the Canadian market (6.1% per year).
High Growth Revenue: XX's revenue (7.5% 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
How has Avante Logixx performed over the past 5 years?
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 55.1% 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 (35.4%).
Return on Equity
High ROE: XX has a negative Return on Equity (-13.23%), as it is currently unprofitable.
How is Avante Logixx's financial position?
Financial Position Analysis
Short Term Liabilities: XX's short term assets (CA$23.5M) exceed its short term liabilities (CA$12.6M).
Long Term Liabilities: XX's short term assets (CA$23.5M) exceed its long term liabilities (CA$21.5M).
Debt to Equity History and Analysis
Debt Level: XX's debt to equity ratio (120.3%) is considered high.
Reducing Debt: XX's debt to equity ratio has increased from 1.1% to 120.3% over the past 5 years.
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 22.6% per year.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Craig Campbell (44 yo)
Mr. Craig Bradley Campbell has been Chief Executive Officer and Director at Avante Logixx Inc. since January 10, 2018 and serves as its CEO of Avante Security Inc. and Logixx Security Inc. Mr. Campbell is...
CEO Compensation Analysis
Compensation vs Market: Craig's total compensation ($USD624.70K) is above average for companies of similar size in the Canadian market ($USD161.22K).
Compensation vs Earnings: Craig's compensation has increased whilst the company is unprofitable.
Experienced Management: XX's management team is considered experienced (2.3 years average tenure).
Experienced Board: XX's board of directors are considered experienced (3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Avante Logixx Inc.'s employee growth, exchange listings and data sources
- Name: Avante Logixx Inc.
- Ticker: XX
- Exchange: TSXV
- Founded: 1996
- Industry: Specialized Consumer Services
- Sector: Consumer Services
- Market Cap: CA$41.960m
- Shares outstanding: 21.19m
- Website: https://www.avantelogixx.com
Number of Employees
- Avante Logixx Inc.
- 130 Bloor Street West
- Suite 601
- M5S 1N5
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 22:06|
|End of Day Share Price||2021/09/17 00:00|
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.