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Avante Corp.

Financial Statements (IFRS) · Amounts in CAD
5 10 All
Income Statement
Balance Sheet
Cash Flow
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Total Revenue 8.9M 8.7M 9.3M 8.4M 8.1M --
Operating Revenue 8.9M 8.7M 9.3M 8.4M 8.1M --
Cost Of Revenue 5.2M 5.4M 6.0M 5.0M 4.6M --
Gross Profit 3.7M 3.3M 3.3M 3.4M 3.5M --
Selling General And Administration 3.0M 2.7M 3.2M 3.0M 3.1M --
General And Administrative Expense 3.0M 2.7M 3.2M 3.0M 3.1M --
Depreciation And Amortization In Income Statement 399,786 411,878 420,843 428,018 407,511 --
Operating Expense 3.4M 3.1M 3.6M 3.4M 3.5M --
Operating Income 274,221 200,448 -285,208 3,807 -53,055 --
EBIT 169,486 97,407 -409,605 -92,504 -823,591 --
Interest Expense 86,447 68,659 57,719 63,756 85,757 --
Interest Expense Non Operating 86,447 68,659 57,719 63,756 85,757 --
Net Interest Income -207,200 -186,101 -189,080 -222,147 -203,090 --
Other Income Expense 16,018 14,401 6,964 62,080 -653,203 --
Other Non Operating Income Expenses 59,727 58,567 -13,333 65,521 49,648 --
Special Income Charges 0.00 0.00 0.00 0.00 -684,382 --
Restructuring And Mergern Acquisition 0.00 0.00 0.00 0.00 684,382 --
Gain On Sale Of Security -43,709 -44,166 20,297 -3,441 -18,469 --
Pretax Income 83,039 28,748 -467,324 -156,260 -909,348 --
Tax Provision 0.00 17,473 394,607 -1,508 0.00 --
Tax Effect Of Unusual Items 0.00 -6,625 3,045 -33.21 0.00 --
Net Income From Continuing And Discontinued Operation 93,037 19,737 -861,173 -144,967 -900,064 --
Net Income From Continuing Operation Net Minority Interest 93,037 19,737 -861,173 -144,967 -900,064 --
Net Income Including Noncontrolling Interests 83,039 11,275 -861,931 -154,752 -909,348 --
Minority Interests 9,998 8,463 758.00 9,785 9,284 --
Net Income Common Stockholders 93,037 19,737 -861,173 -144,967 -900,064 --
Net Income 93,037 19,737 -861,173 -144,967 -900,064 --
EBITDA 569,272 509,285 11,238 335,514 -416,080 --
Normalized EBITDA 612,981 553,451 -9,059 338,955 286,771 --
Reconciled Depreciation 399,786 411,878 420,843 428,018 407,511 --
Basic EPS 0.00 0.00 -- -0.01 -0.03 -0.01
Diluted EPS 0.00 0.00 -- -0.01 -0.03 -0.01
Basic Average Shares 26.6M 26.6M -- 26.6M 26.6M 26.6M
Diluted Average Shares 26.6M 26.6M -- 26.6M 26.6M 26.6M
Total Unusual Items -43,709 -44,166 20,297 -3,441 -702,851 --
Total Unusual Items Excluding Goodwill -43,709 -44,166 20,297 -3,441 -702,851 --
Tax Rate For Calcs 0.00 0.15 0.15 0.01 0.00 --
Normalized Income 136,746 57,278 -878,425 -141,559 -197,213 --
Amortization 165,979 168,062 161,273 161,272 161,272 --
Amortization Of Intangibles Income Statement 165,979 168,062 161,273 161,272 161,272 --
Depreciation Amortization Depletion Income Statement 399,786 411,878 420,843 428,018 407,511 --
Depreciation Income Statement 233,807 243,816 259,570 266,746 246,239 --
Diluted NI Availto Com Stockholders 93,037 19,737 -861,173 -144,967 -900,064 --
Net Income Continuous Operations 83,039 11,275 -861,931 -154,752 -909,348 --
Net Income Discontinuous Operations -- -- -- 0.00 -- --
Net Non Operating Interest Income Expense -207,200 -186,101 -189,080 -222,147 -203,090 --
Other Gand A 1.3M 1.1M 1.7M 1.5M 1.5M --
Reconciled Cost Of Revenue 5.2M 5.4M 6.0M 5.0M 4.6M --
Salaries And Wages 1.7M 1.6M 1.5M 1.5M 1.6M --
Total Expenses 8.6M 8.5M 9.6M 8.4M 8.1M --
Total Other Finance Cost 120,753 117,442 131,361 158,391 117,333 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Cash And Cash Equivalents 4.3M 4.7M 4.7M 5.0M 3.9M --
Cash Cash Equivalents And Short Term Investments 4.3M 4.7M 4.7M 5.0M 3.9M --
Accounts Receivable 6.5M 6.0M 7.0M 5.1M 6.5M --
Receivables 7.6M 6.8M 7.7M 6.7M 7.8M --
Inventory 1.2M 1.2M 1.0M 1.6M 1.3M --
Prepaid Assets 707,646 821,260 425,800 911,675 991,132 --
Other Current Assets 1.00 -60.00 -- -- -- --
Current Assets 13.8M 13.5M 13.8M 14.2M 14.0M --
Gross PPE 6.4M 6.2M 6.0M 5.9M 5.7M --
Accumulated Depreciation -4.0M -3.9M -3.8M -3.5M -3.4M --
Net PPE 2.5M 2.3M 2.3M 2.4M 2.3M --
Goodwill 4.4M 4.4M 4.4M 4.5M 4.5M --
Goodwill And Other Intangible Assets 6.5M 6.5M 6.7M 6.9M 6.7M --
Other Intangible Assets 2.0M 2.1M 2.2M 2.4M 2.2M --
Total Non Current Assets 9.2M 9.1M 9.2M 9.7M 9.4M --
Total Assets 23.0M 22.5M 23.0M 24.0M 23.5M --
Current Debt 109,247 105,566 102,498 96,208 92,415 --
Current Debt And Capital Lease Obligation 722,596 664,160 768,126 741,387 712,658 --
Accounts Payable 3.6M 3.8M 3.6M 4.4M 3.9M --
Payables 3.8M 4.0M 3.9M 4.4M 3.9M --
Payables And Accrued Expenses 3.8M 4.0M 3.9M 4.4M 3.9M --
Current Deferred Revenue 3.0M 2.2M 2.9M 2.4M 2.4M --
Other Current Liabilities -- -- -- 1.3M 1.3M 1.3M
Current Liabilities 7.6M 6.9M 7.5M 8.8M 8.3M --
Long Term Debt And Capital Lease Obligation 582,790 696,155 591,146 747,126 772,070 --
Long Term Capital Lease Obligation 582,790 696,155 591,146 747,126 772,070 --
Other Non Current Liabilities -- -- 1.4M 1.3M 1.2M 1.2M
Total Non Current Liabilities Net Minority Interest 2.5M 2.9M 2.8M 2.7M 2.6M --
Total Liabilities Net Minority Interest 10.2M 9.8M 10.3M 11.5M 10.9M --
Common Stock 30.2M 30.2M 30.2M 30.2M 30.2M --
Capital Stock 30.2M 30.2M 30.2M 30.2M 30.2M --
Additional Paid In Capital 2.6M 2.5M 2.5M 2.5M 2.4M --
Retained Earnings -20.0M -20.1M -20.1M -19.9M -19.7M --
Gains Losses Not Affecting Retained Earnings -156,366 -115,521 -111,381 607.00 -6,161 --
Other Equity Adjustments -156,366 -115,521 -111,381 607.00 -6,161 --
Common Stock Equity 12.7M 12.6M 12.6M 12.5M 12.6M --
Stockholders Equity 12.7M 12.6M 12.6M 12.5M 12.6M --
Total Equity Gross Minority Interest 12.8M 12.8M 12.8M 12.4M 12.5M --
Minority Interest 182,997 192,994 201,457 -47,450 -37,665 --
Total Capitalization 12.7M 12.6M 12.6M 12.5M 12.6M --
Net Tangible Assets 6.2M 6.1M 5.9M 5.5M 5.9M --
Tangible Book Value 6.2M 6.1M 5.9M 5.5M 5.9M --
Working Capital 6.1M 6.6M 6.3M 5.4M 5.7M --
Invested Capital 12.8M 12.7M 12.7M 12.6M 12.6M --
Total Debt 1.3M 1.4M 1.4M 1.5M 1.5M --
Share Issued 26.6M 26.6M 26.6M 26.6M 26.6M --
Ordinary Shares Number 26.6M 26.6M 26.6M 26.6M 26.6M --
Buildings And Improvements 473,300 473,300 473,300 473,300 473,300 --
Capital Lease Obligations 1.2M 1.3M 1.3M 1.4M 1.4M --
Current Capital Lease Obligation 613,349 558,594 665,628 645,179 620,243 --
Current Deferred Liabilities 3.0M 2.2M 2.9M 2.4M 2.4M --
Employee Benefits 1.6M 1.4M 1.4M 1.3M 1.2M --
Finished Goods 1.2M 1.2M 1.0M 1.6M 1.3M --
Income Tax Payable 243,890 255,279 253,888 0.00 0.00 --
Leases 902,746 872,206 855,363 817,782 817,782 --
Machinery Furniture Equipment 2.2M 1.9M 1.9M 1.9M 1.8M --
Non Current Accounts Receivable -- -- 3,086 32.00 1,604 2,870
Non Current Deferred Assets 292,569 292,569 292,569 435,633 435,633 --
Non Current Deferred Liabilities 141,690 143,957 141,689 143,957 143,957 --
Non Current Deferred Taxes Assets 292,569 292,569 292,569 435,633 435,633 --
Non Current Deferred Taxes Liabilities 141,690 143,957 141,689 143,957 143,957 --
Other Current Borrowings 109,247 105,566 102,498 96,208 92,415 --
Other Equity Interest -- -- -- -370,752 -370,752 -370,752
Other Properties 2.8M 2.9M 2.8M 2.7M 2.6M --
Other Receivables 1.3M 970,252 843,429 1.8M 1.5M --
Properties 0.00 0.00 0.00 0.00 0.00 --
Receivables Adjustments Allowances -183,456 -183,456 -183,456 -167,706 -201,956 --
Total Tax Payable 243,890 255,279 253,888 0.00 0.00 --
Tradeand Other Payables Non Current 231,541 636,286 596,921 509,436 530,801 --
Line Item Q3 2025Sep 30, 2025 Q2 2025Jun 30, 2025 Q1 2025Mar 31, 2025 Q4 2024Dec 31, 2024 Q3 2024Sep 30, 2024 Q2 2024Jun 30, 2024
Operating Cash Flow 419,867 304,057 -9,181 1.9M -2.0M --
Cash Flow From Continuing Operating Activities 419,867 304,057 -9,181 1.9M -2.0M --
Depreciation And Amortization 399,786 411,878 420,843 428,018 407,511 --
Depreciation Amortization Depletion 399,786 411,878 420,843 428,018 407,511 --
Stock Based Compensation 14,252 18,243 41,548 50,008 22,606 --
Deferred Tax -2,268 2,268 140,796 0.00 0.00 --
Deferred Income Tax -2,268 2,268 140,796 0.00 0.00 --
Change In Working Capital -274,644 -162,435 243,392 1.5M -1.6M --
Changes In Account Receivables -798,308 887,818 -1.3M 1.4M -225,352 --
Change In Receivables -848,240 898,009 -671,191 1.1M -316,303 --
Change In Inventory -9,741 -134,654 533,745 -240,622 -100,950 --
Change In Payables And Accrued Expense -556,196 154,452 -665,765 474,091 -1.1M --
Change In Payable -556,196 154,452 -665,765 474,091 -1.1M --
Change In Other Working Capital 1.0M -684,783 560,728 115,122 214,045 --
Other Non Cash Items 56,214 57,313 57,408 51,297 67,524 --
Capital Expenditure -923,603 -104,106 -- -861,223 -57,832 -52,536
Purchase Of PPE -483,094 -67,114 617,164 -861,223 -2,719 --
Net PPE Purchase And Sale -483,094 6,400 671,121 -717,475 5,862 --
Purchase Of Business -- -- -- -- 0.00 --
Sale Of Business -- -- -- 0.00 -- --
Investing Cash Flow -923,603 -30,592 146,173 -717,475 -49,251 --
Cash Flow From Continuing Investing Activities -923,603 -30,592 146,173 -717,475 -49,251 --
Issuance Of Debt 148,783 -- 0.00 0.00 0.00 0.00
Repayment Of Debt -- -209,418 -347,561 0.00 -183,698 -168,564
Net Issuance Payments Of Debt 148,783 -209,418 -347,561 0.00 -183,698 --
Financing Cash Flow 96,251 -263,663 -397,332 -45,932 -247,516 --
Cash Flow From Continuing Financing Activities 96,251 -263,663 -397,332 -45,932 -247,516 --
Effect Of Exchange Rate Changes -23,366 -21,619 -55,047 6,751 -7,481 --
Changes In Cash -407,484 9,802 -260,340 1.1M -2.3M --
Beginning Cash Position 4.7M 4.7M 5.0M 3.9M 6.2M --
End Cash Position 4.3M 4.7M 4.7M 5.0M 3.9M --
Free Cash Flow -503,736 199,951 83,035 1.0M -2.1M --
Amortization Cash Flow 165,979 168,062 161,273 161,272 161,272 --
Amortization Of Intangibles 165,979 168,062 161,273 161,272 161,272 --
Capital Expenditure Reported -440,509 -36,992 -- -- -55,113 0.00
Cash Dividends Paid 0.00 0.00 0.00 0.00 0.00 --
Cash From Discontinued Financing Activities -- -- -- 0.00 -- --
Cash From Discontinued Investing Activities -- -- -- 0.00 -- --
Cash From Discontinued Operating Activities -- -- -- 0.00 -- --
Change In Account Payable -556,196 154,452 -665,765 474,091 -1.1M --
Change In Prepaid Assets 113,614 -395,459 485,875 79,457 -318,167 --
Depreciation 233,807 243,816 259,570 266,746 246,239 --
Gain Loss On Sale Of PPE 143,488 -34,485 -52,703 0.00 0.00 --
Interest Paid Cff -52,532 -54,245 -54,171 -45,932 -63,818 --
Long Term Debt Issuance 148,783 -- -- 0.00 0.00 0.00
Long Term Debt Payments -- -209,418 -347,561 0.00 -183,698 -168,564
Net Business Purchase And Sale -- -- 0.00 0.00 0.00 --
Net Income From Continuing Operations 83,039 11,275 -861,931 -154,752 -909,348 --
Net Long Term Debt Issuance 148,783 -209,418 -347,561 0.00 -183,698 --
Operating Gains Losses 143,488 -34,485 -52,703 -- -- -4,752
Sale Of PPE -- 73,514 53,957 143,748 8,581 --
Taxes Refund Paid -- -- -- 0.00 -- --
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