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Avant Brands (TSX:AVNT) Net Margin % : -34.06% (As of Feb. 2024)


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What is Avant Brands Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Avant Brands's Net Income for the three months ended in Feb. 2024 was C$-2.75 Mil. Avant Brands's Revenue for the three months ended in Feb. 2024 was C$8.08 Mil. Therefore, Avant Brands's net margin for the quarter that ended in Feb. 2024 was -34.06%.

The historical rank and industry rank for Avant Brands's Net Margin % or its related term are showing as below:

TSX:AVNT' s Net Margin % Range Over the Past 10 Years
Min: -18151.72   Med: -123.45   Max: -19.25
Current: -29.01


TSX:AVNT's Net Margin % is ranked worse than
75.91% of 1021 companies
in the Drug Manufacturers industry
Industry Median: 3.2 vs TSX:AVNT: -29.01

Avant Brands Net Margin % Historical Data

The historical data trend for Avant Brands's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Avant Brands Net Margin % Chart

Avant Brands Annual Data
Trend Dec14 Dec15 Dec16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -413.77 -128.63 -118.27 -37.43 -19.25

Avant Brands Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.29 -6.97 14.34 -115.09 -34.06

Competitive Comparison of Avant Brands's Net Margin %

For the Drug Manufacturers - Specialty & Generic subindustry, Avant Brands's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Avant Brands's Net Margin % Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Avant Brands's Net Margin % distribution charts can be found below:

* The bar in red indicates where Avant Brands's Net Margin % falls into.



Avant Brands Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Avant Brands's Net Margin for the fiscal year that ended in Nov. 2023 is calculated as

Net Margin=Net Income (A: Nov. 2023 )/Revenue (A: Nov. 2023 )
=-5.07/26.344
=-19.25 %

Avant Brands's Net Margin for the quarter that ended in Feb. 2024 is calculated as

Net Margin=Net Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=-2.751/8.076
=-34.06 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Avant Brands  (TSX:AVNT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Avant Brands Net Margin % Related Terms

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Avant Brands (TSX:AVNT) Business Description

Traded in Other Exchanges
Address
1632 Dickson Avenue, Suite 335, Kelowna, BC, CAN, V1Y 7T2
Avant Brands Inc is an innovative premium cannabis company. It has multiple licensed and operational production facilities across Canada, which produce high-quality, handcrafted cannabis products for highly desired, and award-winning consumer brands, sold across both recreational and medical channels.
Executives
Norton Singhavon 10% Security Holder, Director, Senior Officer

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