XX

Avante LogixxTSXV:XX Stock Report

Market Cap

CA$42.0m

7D

-1.5%

1Y

83.3%

Updated

19 Sep, 2021

Data

Company Financials +
XX fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance0/6
Financial Health4/6
Dividends0/6

XX Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Avante Logixx
Historical stock prices
Current Share PriceCA$1.98
52 Week HighCA$0.80
52 Week LowCA$2.23
Beta1.7
1 Month Change1.54%
3 Month Change32.00%
1 Year Change83.33%
3 Year Change-12.00%
5 Year Change36.55%
Change since IPO1.54%

Recent News & Updates

May 20
Is Avante Logixx (CVE:XX) A Risky Investment?

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...

Shareholder Returns

XXCA Consumer ServicesCA Market
7D-1.5%2.6%-0.6%
1Y83.3%36.6%28.9%

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 28.9% over the past year.

Price Volatility

Is XX's price volatile compared to industry and market?
XX volatility
XX Beta1.7
Industry Beta1.32
Market Beta1

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

FoundedEmployeesCEOWebsite
19961,905Craig Campbellhttps://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$41.96m
Earnings (TTM)-CA$1.67m
Revenue (TTM)CA$97.63m

0.4x

P/S Ratio

-25.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
XX income statement (TTM)
RevenueCA$97.63m
Cost of RevenueCA$75.03m
Gross ProfitCA$22.61m
ExpensesCA$24.28m
Earnings-CA$1.67m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.079
Gross Margin23.15%
Net Profit Margin-1.71%
Debt/Equity Ratio120.3%

How did XX perform over the long term?

See historical performance and comparison

Valuation

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

>50%

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).


Future Growth

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

7.5%

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 (6.2% 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


Past Performance

How has Avante Logixx performed over the past 5 years?

-55.1%

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.


Financial Health

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.


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 22.6% per year.


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?

2.3yrs

Average management tenure


CEO

Craig Campbell (44 yo)

3.67yrs

Tenure

CA$796,423

Compensation

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 ($USD624.70K) is above average for companies of similar size in the Canadian market ($USD161.07K).

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


Leadership Team

Experienced Management: XX's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: XX's board of directors are considered experienced (3 years average tenure).


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.


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 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
  • Market Cap: CA$41.960m
  • Shares outstanding: 21.19m
  • 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 Analysis2021/09/19 22:05
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
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.