1BU Stock Overview Avant Brands Inc. cultivates, produces, and markets cannabis products in Canada. More details
Risk Analysis See All Risk Checks Capture your thoughts, links and company narrative
Avant Brands Inc. Competitors Price History & Performance
Summary of share price highs, lows and changes for Avant Brands Historical stock prices Current Share Price CA$0.74 52 Week High CA$2.90 52 Week Low CA$0.31 Beta 2.97 1 Month Change 113.87% 3 Month Change 33.33% 1 Year Change -72.28% 3 Year Change -87.36% 5 Year Change -76.28% Change since IPO -90.76%
Recent News & Updates
Third quarter 2024 earnings released: CA$0.28 loss per share (vs CA$0.11 profit in 3Q 2023) Oct 16
New major risk - Market cap size Aug 31 Avant Brands Inc. announced that it has received CAD 3.9 million in funding Jul 29
Second quarter 2024 earnings released Jul 17 Avant Brands Inc. announced that it expects to receive CAD 3.9 million in funding Jul 16
Avant Brands Inc. announced that it has received CAD 2.393334 million in funding Jun 05
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Third quarter 2024 earnings released: CA$0.28 loss per share (vs CA$0.11 profit in 3Q 2023) Oct 16
New major risk - Market cap size Aug 31 Avant Brands Inc. announced that it has received CAD 3.9 million in funding Jul 29
Second quarter 2024 earnings released Jul 17 Avant Brands Inc. announced that it expects to receive CAD 3.9 million in funding Jul 16
Avant Brands Inc. announced that it has received CAD 2.393334 million in funding Jun 05
Avant Brands Announces Leadership Changes May 11
First quarter 2024 earnings released Apr 17 Avant Brands Inc. announced that it expects to receive CAD 3.888888 million in funding Apr 09
Avant Brands Inc. announced that it expects to receive CAD 3.888888 million in funding Apr 08
Avant Brands Inc., Annual General Meeting, May 30, 2024 Mar 22
Less than half of directors are independent Mar 07
Avant Brands Inc. Appoints Tyson Macdonald as Board of Director Mar 05
Full year 2023 earnings released: CA$0.02 loss per share (vs CA$0.037 loss in FY 2022) Mar 01
Avant Brands Inc. to Report Fiscal Year 2023 Results on Feb 28, 2024 Feb 17
Avant Brands Inc. Announces Chief Financial Officer Changes Feb 07
Third quarter 2023 earnings released: EPS: CA$0.004 (vs CA$0.009 in 3Q 2022) Oct 18
Avant Brands Inc. to Report Q3, 2023 Results on Oct 16, 2023 Oct 05
New major risk - Share price stability Jul 20
Second quarter 2023 earnings released: CA$0.002 loss per share (vs CA$0.019 loss in 2Q 2022) Jul 19
Avant Brands Inc. to Report Q2, 2023 Results on Jul 17, 2023 Jul 12
Avant Brands Inc. Appoints Sylvia Lee as Director May 31 Avant Brands Inc. Announces Not Stand for Re-Election of Ruairi Twomey as Director
First quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0.002 loss in 1Q 2022) Apr 14
Full year 2022 earnings released: CA$0.037 loss per share (vs CA$0.061 loss in FY 2021) Mar 01
Avant Brands Inc. to Report Fiscal Year 2022 Results on Feb 22, 2023 Jan 24
Third quarter 2022 earnings released: EPS: CA$0.009 (vs CA$0.013 loss in 3Q 2021) Oct 18
Avant Brands Inc. to Report Q3, 2022 Results on Oct 12, 2022 Sep 29
Avant Brands Inc. Announces New Additions to Treehuggertm Product Portfolio Sep 14
Avant Brands Inc. Announces New Products Launching At the Ontario Cannabis Store Sep 13
Second quarter 2022 earnings released: CA$0.019 loss per share (vs CA$0.008 loss in 2Q 2021) Jul 15
Avant Brands Inc. to Report Q2, 2022 Results on Jul 13, 2022 Jun 30
Avant Brands Inc. to Report Q2, 2022 Results on Jul 13, 2022 Jun 29
Avant Brands Inc. Announces the Launch of Exclusive New Cultivars Apr 27
First quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.002 profit in 1Q 2021) Apr 15
Avant Brands Inc. to Report Q1, 2022 Results on Apr 13, 2022 Apr 05
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Feb 27
Avant Brands Inc. Announces the Launch of BLK MKTTM Peanut Butter Mac Live Rosin Feb 17
Avant Brands Inc. to Report Fiscal Year 2021 Results on Feb 24, 2022 Feb 11
Avant Launches Premium Organic Flower for the Environmentally Conscious Cannabis Consumer Feb 02
Avant Brands Inc. Announces Launch of Innovative and Exclusive Product, Cognoscente™ Craft Tasting Flight Dec 08
Chief Financial Officer Kendra Blackford has left the company Dec 01
Third quarter 2021 earnings released: CA$0.013 loss per share (vs CA$0.003 loss in 3Q 2020) Oct 15
Avant Brands Enters Premium Concentrates Category with the Launch of Tenzo Vapes Sep 24
Lexston Life Sciences Corp. (CNSX:LEXT) acquired Zenalytic Laboratories Ltd. from Avant Brands Inc. (TSX:AVNT) for CAD 0.32 million. Sep 23
High number of new directors Aug 01
Second quarter 2021 earnings released Jul 15
First quarter 2021 earnings released Apr 30
GTEC Holdings Ltd. announced that it has received CAD 2.75 million in funding Mar 10
IM Cannabis Corp. to Bring Canadian Premium Indoor High-THC Medical Cannabis to Israel with Imports from GTEC Holdings Ltd Mar 09
Full year 2020 earnings released Mar 06
New 90-day high: €0.21 Feb 11
Third quarter earnings released Oct 30
GreenTec Holdings Ltd. acquired Grey Bruce Farms for CAD 4.3 million. Sep 30 Shareholder Returns 1BU DE Pharmaceuticals DE Market 7D 0.7% 1.5% 1.9% 1Y -72.3% -7.6% 15.1%
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Return vs Market: 1BU underperformed the German Market which returned 15.1% over the past year.
Price Volatility Is 1BU's price volatile compared to industry and market? 1BU volatility 1BU Average Weekly Movement 25.8% Pharmaceuticals Industry Average Movement 5.3% Market Average Movement 4.8% 10% most volatile stocks in DE Market 11.3% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: 1BU's share price has been volatile over the past 3 months compared to the German market.
Volatility Over Time: 1BU's weekly volatility (26%) has been stable over the past year, but is still higher than 75% of German stocks.
About the Company Avant Brands Inc. cultivates, produces, and markets cannabis products in Canada. The company offers medical and recreational cannabis products under the BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, Pristine, and Flowr brands. It distributes cannabis through medical and recreational sales channels, as well as an e-commerce website.
Show more Avant Brands Inc. Fundamentals Summary How do Avant Brands's earnings and revenue compare to its market cap? 1BU fundamental statistics Market cap €8.17m Earnings (TTM ) -€10.04m Revenue (TTM ) €19.69m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) 1BU income statement (TTM ) Revenue CA$29.67m Cost of Revenue CA$28.54m Gross Profit CA$1.13m Other Expenses CA$16.26m Earnings -CA$15.13m
Last Reported Earnings
Aug 31, 2024
Earnings per share (EPS) -1.43 Gross Margin 3.79% Net Profit Margin -51.01% Debt/Equity Ratio 17.5%
How did 1BU perform over the long term?
See historical performance and comparison
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/02/02 23:58 End of Day Share Price 2025/01/31 00:00 Earnings 2024/08/31 Annual Earnings 2023/11/30
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.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* 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 Details of the analysis model used to generate this report is available on our Github page , we also have guides on how to use our reports and tutorials on Youtube .
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 Avant Brands Inc. is covered by 0 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.
