Avant Brands Inc

Company Profile

Avant Brands Inc had its IPO on under the ticker symbol AVTBF.

The company operates in the Healthcare sector and Drug Manufacturers-Specialty & Generic industry. Avant Brands Inc has a staff strength of 150 employees.

Stock update

Shares of Avant Brands Inc opened at $0.13 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $0.13 - $0.15, and closed at $0.15.

This is a +3.37% increase from the previous day's closing price.

A total volume of 364,448 shares were traded at the close of the day’s session.

In the last one week, shares of Avant Brands Inc have slipped by -4.72%.

Avant Brands Inc's Key Ratios

Avant Brands Inc has a market cap of $26.76 million, indicating a price to book ratio of 0.8505 and a price to sales ratio of 1.9099.

In the last 12-months Avant Brands Inc’s revenue was $22.98 million with a gross profit of $3.91 million and an EBITDA of $-5731000. The EBITDA ratio measures Avant Brands Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Avant Brands Inc’s operating margin was -32.71% while its return on assets stood at -7.3% with a return of equity of -11.78%.

In Q0.66666666666667, Avant Brands Inc’s quarterly earnings growth was a positive 0% while revenue growth was a positive 67.5%.

Avant Brands Inc’s PE and PEG Ratio

Forward PE

0

Trailing PE

0

PEG

Its diluted EPS in the last 12-months stands at $-0.02 per share while it has a forward price to earnings multiple of 0 and a PEG multiple of . A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Avant Brands Inc’s profitability.

Avant Brands Inc stock is trading at a EV to sales ratio of 1.7312 and a EV to EBITDA ratio of -3.2417. Its price to sales ratio in the trailing 12-months stood at 1.9099.

Avant Brands Inc stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets

$78.62 million

Total Liabilities

$11.59 million

Operating Cash Flow

$0

Capital Expenditure

$923000

Dividend Payout Ratio

0%

Avant Brands Inc ended 2024 with $78.62 million in total assets and $0 in total liabilities. Its intangible assets were valued at $78.62 million while shareholder equity stood at $51.40 million.

Avant Brands Inc ended 2024 with $0 in deferred long-term liabilities, $11.59 million in other current liabilities, in common stock, $-58310000.00 in retained earnings and $6.02 million in goodwill. Its cash balance stood at $2.59 million and cash and short-term investments were $0. The company’s total short-term debt was $0 while long-term debt stood at $2.65 million.

Avant Brands Inc’s total current assets stands at $29.03 million while long-term investments were $0.00 and short-term investments were $19000.00. Its net receivables were $7.00 million compared to accounts payable of $0 and inventory worth $17.39 million.

In 2024, Avant Brands Inc's operating cash flow was $0 while its capital expenditure stood at $923000.

Comparatively, Avant Brands Inc paid $0 in dividends in 2024.

Other key metrics

Current Trading Price

$0.15

52-Week High

$0.26

52-Week Low

$0.1

Analyst Target Price

$

Avant Brands Inc stock is currently trading at $0.15 per share. It touched a 52-week high of $0.26 and a 52-week low of $0.26. Analysts tracking the stock have a 12-month average target price of $.

Its 50-day moving average was $0.14 and 200-day moving average was $0.14 The short ratio stood at 0 indicating a short percent outstanding of 0%.

Around 879.5% of the company’s stock are held by insiders while 9.8% are held by institutions.