Avant Brands Inc.

Equities

AVNT

CA05353D1033

Healthcare Facilities & Services

Delayed Toronto S.E. Other stock markets 12:16:38 17/07/2024 am IST			5-day change	1st Jan Change
0.06 ^CAD	-7.69%		-7.69%	-57.14%

12:00am	Avant Brands Inc. announced that it expects to receive CAD 3.9 million in funding	CI
15/07	Avant Brands Inc. Reports Earnings Results for the Second Quarter and Six Months Ended May 31, 2024	CI

Avant Brands Inc. Reports Earnings Results for the Second Quarter and Six Months Ended May 31, 2024

July 16, 2024 at 01:56 am IST

Avant Brands Inc. reported earnings results for the second quarter and six months ended May 31, 2024. For the second quarter, the company reported sales was CAD 9.42 million compared to CAD 8.97 million a year ago. Revenue was CAD 8.29 million compared to CAD 7.99 million a year ago. Net loss was CAD 3.73 million compared to CAD 0.418 million a year ago.
For the six months, sales was CAD 18.35 million compared to CAD 16.84 million a year ago. Revenue was CAD 16.37 million compared to CAD 15.02 million a year ago. Net loss was CAD 6.48 million compared to CAD 0.294 million a year ago.

Latest news about Avant Brands Inc.

Avant Brands Inc. announced that it expects to receive CAD 3.9 million in funding	16/07/2024	CI
Avant Brands Inc. Reports Earnings Results for the Second Quarter and Six Months Ended May 31, 2024	16/07	CI
Avant Brands Inc. announced that it has received CAD 2.393334 million in funding	04/06	CI
Transcript : Avant Brands Inc. - Shareholder/Analyst Call	31/05
Avant Brands Announces Leadership Changes	09/05	CI
Transcript : Avant Brands Inc., Q1 2024 Earnings Call, Apr 16, 2024	17/04
Avant Brands Inc. Reports Earnings Results for the First Quarter Ended February 29, 2024	15/04	CI
Avant Brands Inc. announced that it expects to receive CAD 3.888888 million in funding	08/04	CI
IM Cannabis, Avant Brands Sign BLK MKT's Licensing Deal for German Medical Cannabis Market	04/04	MT
Avant Brands Inc. and IM Cannabis Corp. Execute BLK MKTTM Trademark Licensing Agreement for the German Medical Cannabis Market	04/04	CI
Avant Brands Inc. Announces the Signing of an International Trademark Licensing Agreement with Adjupharm GmbH	04/04	CI
Avant Brands Inc. Appoints Tyson Macdonald as Board of Director	04/03	CI
Transcript : Avant Brands Inc., 2023 Earnings Call, Feb 29, 2024	01/03
Avant Brands Inc. Reports Earnings Results for the Full Year Ended November 30, 2023	29/02	CI
Avant Brands Brief: Edging Down As Restructures Loan Agreements to Extend Term and Decrease Payments	26/02	MT
Avant Brands Brief: Restructuring Loan Agreements to Extend Term and Decrease Payments	26/02	MT
Avant Brands Inc. Executes Four New Export Agreements	08/02	CI
Avant Brands Inc. Announces Chief Financial Officer Changes	07/02	CI
Transcript : Avant Brands Inc., Q3 2023 Earnings Call, Oct 17, 2023	18/23/18
Avant Brands Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended August 31, 2023	16/23/16	CI
Transcript : Avant Brands Inc., Q2 2023 Earnings Call, Jul 18, 2023	19/23/19
Avant Brands Inc. Announces Closing of a $3.5 Million Credit Facility	18/23/18	CI
Avant Brands' Fiscal Q2 Loss Narrows, Revenue Grows	18/23/18	MT
Avant Brands Inc. Reports Earnings Results for the Second Quarter and Six Months Ended May 31, 2023	17/23/17	CI
Avant Brands Inc. Appoints Sylvia Lee as Director	31/23/31	CI

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Company Profile

Avant Brands Inc. is a Canada-based cannabis company. The Company produces handcrafted cannabis products. Its products are distributed via three sales channels: recreational, medical and export. The Company's recreational brand portfolio includes BLK MKT, Tenzo, Cognoscente, and Treehugger, which are produced from cultivars, and sold in British Columbia, Saskatchewan, Manitoba, Ontario, Atlantic Canada and the territories. The Company's medical cannabis brand, GreenTec, which is distributed nationwide, directly to patients through its GreenTec Medical portal, and through various medical cannabis partners. The Company has various licensed and operational production facilities across Canada, which produce its consumer brands sold across medical and recreational channels in Canada. Its subsidiaries include Avant Craft Cannabis Inc., GreenTec Bio-Pharmaceuticals Inc., GreenTec Retail Ventures Inc., Grey Bruce Farms Incorporated, Tumbleweed Farms Corp. and Spectre Labs Inc., among others.

Sector

Healthcare Facilities & Services

Calendar

09/10/2024 - Q3 2024 Earnings Release (Projected)

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Sector Medical Farming

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