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Home Market Research Business

Avant Brands Inc. reports Q1 results (TSX:AVNT:CA)

by TheAdviserMagazine
2 months ago
in Business
Reading Time: 1 min read
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Avant Brands Inc. reports Q1 results (TSX:AVNT:CA)
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Avant Brands Inc. press release (AVNT:CA): Q1

Gross revenue: $8.4 million (-14%)

Net revenue: $7.1 million (-18%)

Recreational revenue: $3.9 million (+37%)

Export wholesale revenue: $1.6 million (-67%)

Domestic wholesale revenue: $1.6 million (+74%)

Recreational revenue increased by 37%, driven by an improved focus on top-performing, high-velocity SKUs and strong market share performance in Ontario.

Adjusted EBITDA1 was negative $0.7 million, compared to positive $1.7 million in Q1 2025.

More on Avant Brands Inc.



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