Avante Corp.

TSXV:XX Stock Report

Market Cap: CA$31.2m

Avante Management

Management criteria checks 1/4

Avante's CEO is Manny Mounouchos, appointed in Apr 2022, has a tenure of 2.67 years. total yearly compensation is CA$776.27K, comprised of 48.3% salary and 51.7% bonuses, including company stock and options. directly owns 14.78% of the company’s shares, worth CA$4.61M. The average tenure of the management team and the board of directors is 2.7 years and 2.4 years respectively.

Key information

Manny Mounouchos

Chief executive officer

CA$776.3k

Total compensation

CEO salary percentage48.3%
CEO tenure2.7yrs
CEO ownership14.8%
Management average tenure2.7yrs
Board average tenure2.4yrs

Recent management updates

Recent updates

Avante Corp.'s (CVE:XX) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Dec 06
Avante Corp.'s (CVE:XX) Price Is Right But Growth Is Lacking After Shares Rocket 27%

Are Investors Undervaluing Avante Logixx Inc. (CVE:XX) By 43%?

Feb 10
Are Investors Undervaluing Avante Logixx Inc. (CVE:XX) By 43%?

Does Avante Logixx (CVE:XX) Have A Healthy Balance Sheet?

Nov 29
Does Avante Logixx (CVE:XX) Have A Healthy Balance Sheet?

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

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

How Does Avante Logixx's (CVE:XX) CEO Pay Compare With Company Performance?

Feb 24
How Does Avante Logixx's (CVE:XX) CEO Pay Compare With Company Performance?

Would Avante Logixx (CVE:XX) Be Better Off With Less Debt?

Jan 20
Would Avante Logixx (CVE:XX) Be Better Off With Less Debt?

Trade Alert: The Independent Chairman Of Avante Logixx Inc. (CVE:XX), Samuel Duboc, Has Just Spent CA$63k Buying 25% More Shares

Dec 08
Trade Alert: The Independent Chairman Of Avante Logixx Inc. (CVE:XX), Samuel Duboc, Has Just Spent CA$63k Buying 25% More Shares

CEO Compensation Analysis

How has Manny Mounouchos's remuneration changed compared to Avante's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

-CA$4m

Jun 30 2024n/an/a

-CA$3m

Mar 31 2024CA$776kCA$375k

-CA$3m

Dec 31 2023n/an/a

-CA$3m

Sep 30 2023n/an/a

-CA$4m

Jun 30 2023n/an/a

-CA$4m

Mar 31 2023CA$650kCA$325k

-CA$4m

Dec 31 2022n/an/a

-CA$4m

Sep 30 2022n/an/a

-CA$2m

Jun 30 2022n/an/a

-CA$5m

Mar 31 2022CA$312kCA$312k

-CA$6m

Dec 31 2021n/an/a

-CA$3m

Sep 30 2021n/an/a

-CA$7m

Jun 30 2021n/an/a

-CA$4m

Mar 31 2021CA$167kCA$167k

-CA$4m

Compensation vs Market: Manny's total compensation ($USD540.18K) is above average for companies of similar size in the Canadian market ($USD164.07K).

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

CEO

Manny Mounouchos (61 yo)

2.7yrs

Tenure

CA$776,272

Compensation

Mr. Emmanuel Mounouchos, also known as Manny, founded Avante Security Corp., in 1996 and served as its President and Chief Executive Officer. He founded Avante Corp. He serves as Director since March 30, 2...

Leadership Team

NamePositionTenureCompensationOwnership
Emmanuel Mounouchos
Founder2.7yrsCA$776.27k14.78%
CA$ 4.6m
Rajneesh Kapoor
Chief Financial Officer2.3yrsCA$400.00kno data
Alessandro Martello
Founder & CEO of NSSG7.9yrsno datano data

2.7yrs

Average Tenure

Experienced Management: XX's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Emmanuel Mounouchos
Founder2.8yrsCA$776.27k14.78%
CA$ 4.6m
Daniel Argiros
Independent Director2.4yrsCA$50.00k3.42%
CA$ 1.1m
Wade Sebastian R. Burton
Lead Independent Director2.4yrsCA$50.00kno data
Bruce Bronfman
Independent Director1.8yrsCA$50.00kno data
Robert Klopot
Independent Director2.8yrsCA$50.00k1.54%
CA$ 479.7k

2.4yrs

Average Tenure

60.5yo

Average Age

Experienced Board: XX's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 13:26
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Avante Corp. is covered by 5 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nick CorcoranAcumen Capital Finance Partners Limited
Gabriel LeungBeacon Securities Limited
Douglas TaylorCanaccord Genuity