Avante Logixx Stock Fundamentals

XX Stock  CAD 0.81  0.02  2.41%   
Avante Logixx fundamentals help investors to digest information that contributes to Avante Logixx's financial success or failures. It also enables traders to predict the movement of Avante Stock. The fundamental analysis module provides a way to measure Avante Logixx's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avante Logixx stock.
At this time, Avante Logixx's Total Operating Expenses is fairly stable compared to the past year. Interest Expense is likely to climb to about 310.4 K in 2024, whereas Gross Profit is likely to drop slightly above 2.5 M in 2024.
  
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Avante Logixx Company Shares Outstanding Analysis

Avante Logixx's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.

Shares Outstanding

 = 

Public Shares

-

Repurchased

More About Shares Outstanding | All Equity Analysis

Current Avante Logixx Shares Outstanding

    
  26.64 M  
Most of Avante Logixx's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avante Logixx is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Avante Shares Outstanding Driver Correlations

Understanding the fundamental principles of building solid financial models for Avante Logixx is extremely important. It helps to project a fair market value of Avante Stock properly, considering its historical fundamentals such as Shares Outstanding. Since Avante Logixx's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avante Logixx's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avante Logixx's interrelated accounts and indicators.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Competition

Avante Common Stock Shares Outstanding

Common Stock Shares Outstanding

16.43 Million

At this time, Avante Logixx's Common Stock Shares Outstanding is fairly stable compared to the past year.
Based on the latest financial disclosure, Avante Logixx has 26.64 M of shares currently outstending. This is 81.72% lower than that of the Electronic Equipment, Instruments & Components sector and 79.42% lower than that of the Information Technology industry. The shares outstanding for all Canada stocks is 95.34% higher than that of the company.

Avante Logixx Fundamental Drivers Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Avante Logixx's current stock value. Our valuation model uses many indicators to compare Avante Logixx value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Avante Logixx competition to find correlations between indicators driving Avante Logixx's intrinsic value. More Info.
Avante Logixx is rated first in return on equity category among its peers. It is rated first in return on asset category among its peers . At this time, Avante Logixx's Return On Equity is fairly stable compared to the past year. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Avante Logixx's earnings, one of the primary drivers of an investment's value.

Avante Shares Outstanding Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avante Logixx's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avante Logixx could also be used in its relative valuation, which is a method of valuing Avante Logixx by comparing valuation metrics of similar companies.
Avante Logixx is currently under evaluation in shares outstanding category among its peers.

Avante Logixx Current Valuation Drivers

We derive many important indicators used in calculating different scores of Avante Logixx from analyzing Avante Logixx's financial statements. These drivers represent accounts that assess Avante Logixx's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Avante Logixx's important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap17.2M32.2M20.5M26.2M23.1M3.7M
Enterprise Value31.8M44.5M29.9M18.2M18.6M18.2M

Avante Fundamentals

About Avante Logixx Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Avante Logixx's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avante Logixx using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avante Logixx based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue2.4 M2.4 M
Total Revenue24.9 M21.3 M
Cost Of Revenue22.3 M17.2 M
Sales General And Administrative To Revenue 0.44  0.24 
Capex To Revenue 0.01  0.02 
Revenue Per Share 0.94  0.03 
Ebit Per Revenue(0.09)(1.20)

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Avante Stock Analysis

When running Avante Logixx's price analysis, check to measure Avante Logixx's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avante Logixx is operating at the current time. Most of Avante Logixx's value examination focuses on studying past and present price action to predict the probability of Avante Logixx's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avante Logixx's price. Additionally, you may evaluate how the addition of Avante Logixx to your portfolios can decrease your overall portfolio volatility.