Avant Brands Inc. chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 0.08
Dividend & YieldN/AC$ (N/A)
Beta 4.11
Market capitalization 47.4M
Operating cash flow -5.02M
ESG Scores unknown

Company description

Avant Brands Inc. cultivates, produces, and markets premium cannabis products in Canada. The company offers medical and recreational cannabis products under the BLK MKT, Tenzo, GreenTec, cognoscente, Treehugger, and Pristine brands. It distributes cannabis through medical and recreational sales channels, as well as an e-commerce website. The company was formerly known as GTEC Holdings Ltd. and changed its name to Avant Brands Inc. in July 2021. Avant Brands Inc. was incorporated in 2017 and is headquartered in Kelowna, Canada.

Sector: Healthcare - Industry: Drug Manufacturers—Specialty & Generic

Financial data

Financial Statements

Cashflow Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Change To Liabilities 1.78M -268k 1.06M -416k
Total Cashflows From Investing Activities -22.25M -2.5M -962k -1.65M
Net Borrowings 6.55M 500k 545k -6.75M
Total Cash From Financing Activities 26.86M 12.11M 577k 20.96M
Change To Operating Activities -47k -635k -924k -1.17M
Issuance Of Stock 21.04M 12.64M 90k 29.27M
Net Income -10.53M -9.77M -10.17M -11.23M
Change In Cash -1.52M 1.05M -1.34M 13.69M
Effect Of Exchange Rate
Total Cash From Operating Activities -6.14M -8.56M -959k -5.62M
Depreciation 195k 1M 1.26M 1.6M
Change To Account Receivables -940k -580k -680k -281k
Other Cashflows From Financing Activities -724k -1.02M -58k -1.56M
Change To Netincome 1.73M 2.27M 10.05M 8.49M
Capital Expenditures -13.35M -6.92M -761k -594k

Income Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Research Development
Income Before Tax -12.95M -9.59M -8.54M -12.33M
Net Income -10.53M -9.77M -10.17M -11.23M
Selling General Administrative 7.89M 6.89M 4.06M 5.91M
Gross Profit 176k 1.32M 6.15M 1.9M
Ebit -10.29M -8.3M -10k -5.5M
Operating Income -10.29M -8.3M -10k -5.5M
Interest Expense -414k -1.32M -1.59M -1.15M
Income Tax Expense -2.41M -19k 1.2M -1.2M
Total Revenue 58k 2.36M 7.91M 9.5M
Cost Of Revenue -118k 1.04M 1.75M 7.6M
Total Other Income ExpenseNet -2.66M -1.29M -8.54M -6.83M
Net Income From Continuing Ops -10.54M -9.57M -9.74M -11.13M
Net Income Applicable To Common Shares -10.53M -9.77M -10.17M -11.23M

Balance Sheet Statement 2018-11-30 2019-11-30 2020-11-30 2021-11-30
Total Liabilities 7.72M 8.91M 12.38M 2.7M
Total Stockholder Equity 32.59M 36.41M 28.42M 47.87M
Other Current Liabilities 30k 1.5M
Total Assets 40.32M 45.31M 40.8M 50.57M
Common Stock 41.74M 59.91M 62.21M 92.74M
Other Current Assets 2.6M 809k 2.42M 1.95M
Retained Earnings -14.46M -29.68M -40.41M -51.75M
Treasury Stock 224k 85k 85k
Cash 918k 1.97M 625k 14.31M
Total Current Liabilities 2.15M 8.91M 5.92M 2.4M
Other Stockholder Equity 224k 85k 85k
Property, Plant, and Equipment 13.52M 19.19M 18.3M 17.07M
Total Current Assets 7.67M 6.49M 10.54M 26.17M
Net Tangible Assets 15.02M 18.83M 19.23M 44.49M
Net Receivables 3.44M 1.87M 2.07M 2.35M
Accounts Payable 1.95M 1.7M 1.19M 1.57M


Insider Transactions

Here are the insider transactions of stock shares related to Avant Brands Inc.:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Blady (Michael)Acquisition or disposition in the public market at price 0.15 per share.D2022-09-16Director of Issuer34k
Whitt (Matthew)Exercise of rights at price 0.17 per share.D2022-09-01Senior Officer of Issuer18.46k
Singhavon (Norton)Exercise of rights at price 0.17 per share.D2022-09-0110% Security Holder of Issuer55.56k
Singhavon (Norton)Acquisition or disposition in the public market at price 0.17 per share.D2022-07-1910% Security Holder of Issuer100k
Singhavon (Norton)Exercise of rights at price 0.22 per share.D2022-06-0110% Security Holder of Issuer55.56k
Whitt (Matthew)Exercise of rights at price 0.22 per share.D2022-06-01Senior Officer of Issuer18.46k
Singhavon (Norton)Acquisition or disposition in the public market at price 0.17 per share.D2022-05-1210% Security Holder of Issuer10k
Singhavon (Norton)Acquisition or disposition in the public market at price 0.18 per share.D2022-05-1210% Security Holder of Issuer18k
Singhavon (Norton)Acquisition or disposition in the public market at price 0.17 per share.D2022-05-1210% Security Holder of Issuer39k
Whitt (Matthew)Exercise of rights at price 0.19 per share.D2022-03-10Senior Officer of Issuer18.46k
Singhavon (Norton)Exercise of rights at price 0.19 per share.D2022-03-1010% Security Holder of Issuer55.56k
Singhavon (Norton)Acquisition or disposition in the public market at price 0.20 per share.D2022-01-2410% Security Holder of Issuer20k
Singhavon (Norton)Acquisition or disposition in the public market at price 0.20 per share.I2022-01-2410% Security Holder of Issuer12k
Whitt (Matthew)D2022-01-17Senior Officer of Issuer
Singhavon (Norton)Compensation to property at price 0.79 per share.D2021-12-0810% Security Holder of Issuer1M
Singhavon (Norton)Acquisition or disposition in the public market at price 0.25 per share.I2021-11-1110% Security Holder of Issuer25k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to Avant Brands Inc.. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on Avant Brands Inc.

Here is the result of two systematic investment strategies applied to Avant Brands Inc.. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on Avant Brands Inc.

The following chart shows the equity curve of the two systematic investment strategies applied to Avant Brands Inc.:

Avant Brands Inc. automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -12.07% on the backtest period.

Performance at glance

Performance

-12.07 %

Latent gain

-30.17 C$

Invested capital

249.98 C$

Annualized return

-13.41 %
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Momentum strategy results on Avant Brands Inc.

This is the result of two momentum investment strategies applied to Avant Brands Inc.. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on Avant Brands Inc.

The following chart shows all the entries opened by the momentum investment system on Avant Brands Inc.:

Avant Brands Inc. momentum entries
  • The first momentum investment strategy would give -14.18% of return on Avant Brands Inc.. That represents -141.85C$ of latent gain with 1000.18C$ of employed capital.
  • The second momentum investment strategy would give 0.05% of return on Avant Brands Inc.. That represents 0.51C$ of latent gain with 1000.11C$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-14.18 %

Latent gain

-141.85 C$

Invested capital

1000.18 C$

Annualized return

-0.0 %
Performance at glance (2Q Momentum)

Performance

0.05 %

Latent gain

0.51 C$

Invested capital

1000.11 C$

Annualized return

0.12 %

Momentum equity curve on Avant Brands Inc.

The following chart shows the equity curve of the two momentum strategies applied to Avant Brands Inc.:

Avant Brands Inc. momentum equity

Note: the dividends potentially given by Avant Brands Inc. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Avant Brands Inc.

The following chart shows the employed capital evolution of the two momentum strategies on Avant Brands Inc. since the beginning:

Avant Brands Inc.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250C$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000C$.


Buy the dip strategy result on Avant Brands Inc.

Buy the dip entry openings on Avant Brands Inc.

Avant Brands Inc.

The performance achieved by the robo-advisor on Avant Brands Inc. is 0%. That represents 0.0$ of latent gain with 0.0C$ of employed capital. The following chart shows Avant Brands Inc. stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of Avant Brands Inc., and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

0 %

Latent gain

0.0 C$

Invested capital

0.0 C$

Annualized return

-0.0 %

Equity curve of the strategy applied to Avant Brands Inc.

The following chart shows the result of the investment strategy applied to Avant Brands Inc.:

Avant Brands Inc.

Note: the dividends potentially given by Avant Brands Inc. are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on Avant Brands Inc.

The following chart shows the employed capital evolution since the beginning of the investment strategy on Avant Brands Inc.:

Avant Brands Inc.

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on Avant Brands Inc.

In this section, I will compare the three previous investment strategies applied to Avant Brands Inc..

Equity curve comparison on Avant Brands Inc.

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

Avant Brands Inc. investment strategy comparison

Employed capital comparison on Avant Brands Inc.

Avant Brands Inc. investment comparison

Performance comparison on Avant Brands Inc.

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -12.07% -30.17C$ 249.98C$ -13.41%
Momentum 1 quarter -14.18% -141.85C$ 1000.18C$ -21.48%
Momentum 2 quarters 0.05% 0.51C$ 1000.11C$ 0.12%
Non-directional 0% 0.0C$ 0.0C$ -0.0%
Annualized return comparison

Automatic investment

-13.41 %

Momentum 1Q

0.12 %

Momentum 2Q

0.12 %

Non-directional

-0.0 %

Correlated stocks

Here are the most positively and negatively correlated stocks with Avant Brands Inc.:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between Avant Brands Inc. and the other stocks. There may be false positives or some missing correlated stocks. If the price of Avant Brands Inc. does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name Avant Brands Inc.
Country Canada
City Kelowna
Address 1632 Dickson Avenue
Phone
Website
FullTime employees
Industry Drug Manufacturers—Specialty & Generic
Sector Healthcare
Exchange XTSE
Ticker AVNT.XTSE
Market

Avant Brands Inc. ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown