Avante Logixx Inc (XX) - Net Assets

Latest as of September 2025: CA$12.84 Million CAD ≈ $9.29 Million USD

Based on the latest financial reports, Avante Logixx Inc (XX) has net assets worth CA$12.84 Million CAD (≈ $9.29 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$23.00 Million ≈ $16.64 Million USD) and total liabilities (CA$10.16 Million ≈ $7.35 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check asset resilience ratio of Avante Logixx Inc to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CA$12.84 Million
% of Total Assets 55.81%
Annual Growth Rate 13.03%
5-Year Change 9.67%
10-Year Change 21.77%
Growth Volatility 953.08

Avante Logixx Inc - Net Assets Trend (2006–2025)

This chart illustrates how Avante Logixx Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Avante Logixx Inc's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Avante Logixx Inc (2006–2025)

The table below shows the annual net assets of Avante Logixx Inc from 2006 to 2025. For live valuation and market cap data, see Avante Logixx Inc (XX) total market value.

Year Net Assets Change
2025-03-31 CA$12.76 Million
≈ $9.23 Million
-5.57%
2024-03-31 CA$13.51 Million
≈ $9.77 Million
-19.50%
2023-03-31 CA$16.78 Million
≈ $12.14 Million
+4.54%
2022-03-31 CA$16.05 Million
≈ $11.61 Million
+38.00%
2021-03-31 CA$11.63 Million
≈ $8.41 Million
-21.80%
2020-03-31 CA$14.88 Million
≈ $10.76 Million
-17.48%
2019-03-31 CA$18.03 Million
≈ $13.04 Million
+47.37%
2018-03-31 CA$12.23 Million
≈ $8.85 Million
+1.09%
2017-03-31 CA$12.10 Million
≈ $8.75 Million
+15.50%
2016-03-31 CA$10.48 Million
≈ $7.58 Million
+15.65%
2015-03-31 CA$9.06 Million
≈ $6.55 Million
+20.60%
2014-03-31 CA$7.51 Million
≈ $5.43 Million
+4035.63%
2013-03-31 CA$181.62K
≈ $131.38K
+181.50%
2012-03-31 CA$-222.83K
≈ $-161.19K
-177.93%
2011-03-31 CA$285.94K
≈ $206.85K
-75.41%
2010-03-31 CA$1.16 Million
≈ $841.03K
+334.73%
2009-03-31 CA$267.43K
≈ $193.46K
-82.73%
2008-03-31 CA$1.55 Million
≈ $1.12 Million
+24.52%
2006-03-31 CA$1.24 Million
≈ $899.63K
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Equity Component Analysis

This analysis shows how different components contribute to Avante Logixx Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have decreased by 2010166500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Other Components CA$32.66 Million 260.13%
Total Equity CA$12.56 Million 100.00%

Avante Logixx Inc Competitors by Market Cap

The table below lists competitors of Avante Logixx Inc ranked by their market capitalization.

Company Market Cap
Jasper Therapeutics Inc
NASDAQ:JSPR
$26.03 Million
A SPAC III Acquisition Corp. Class A Ordinary Shares
NASDAQ:ASPC
$26.04 Million
Origin Materials Inc
NASDAQ:ORGN
$26.06 Million
Getin Holding SA
WAR:GTN
$26.06 Million
Shanghai Shenqi Pharmaceutical Investment Management Co Ltd B
SHG:900904
$26.01 Million
Hitech Corporation Limited
NSE:HITECHCORP
$26.00 Million
Bayfirst Financial Corp
NASDAQ:BAFN
$25.98 Million
LM Pay Spolka Akcyjna
F:Y00
$25.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Avante Logixx Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 13,529,692 to 12,555,083, a change of -974,609 (-7.2%).
  • Net loss of 2,026,310 reduced equity.
  • Other comprehensive income increased equity by 2,019.
  • Other factors increased equity by 1,049,682.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CA$-2.03 Million -16.14%
Other Comprehensive Income CA$2.02K +0.02%
Other Changes CA$1.05 Million +8.36%
Total Change CA$- -7.20%

Book Value vs Market Value Analysis

This analysis compares Avante Logixx Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 2.86x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 1.90x to 2.86x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-03-31 CA$0.71 CA$1.35 x
2009-03-31 CA$0.03 CA$1.35 x
2010-03-31 CA$0.13 CA$1.35 x
2011-03-31 CA$0.03 CA$1.35 x
2012-03-31 CA$-0.02 CA$1.35 x
2013-03-31 CA$0.02 CA$1.35 x
2014-03-31 CA$0.64 CA$1.35 x
2015-03-31 CA$0.60 CA$1.35 x
2016-03-31 CA$0.64 CA$1.35 x
2017-03-31 CA$0.68 CA$1.35 x
2018-03-31 CA$0.69 CA$1.35 x
2019-03-31 CA$0.87 CA$1.35 x
2020-03-31 CA$0.68 CA$1.35 x
2021-03-31 CA$0.55 CA$1.35 x
2022-03-31 CA$0.74 CA$1.35 x
2023-03-31 CA$0.63 CA$1.35 x
2024-03-31 CA$0.51 CA$1.35 x
2025-03-31 CA$0.47 CA$1.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Avante Logixx Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -16.14%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.00%
  • • Asset Turnover: 1.46x
  • • Equity Multiplier: 1.84x
  • Recent ROE (-16.14%) is above the historical average (-71.36%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 -0.19% -56.96% 0.00x 1.01x CA$-126.72K
2009 -213.02% -10.58% 2.36x 8.54x CA$-596.44K
2010 9.05% 2.01% 1.64x 2.75x CA$-11.09K
2011 -1210.14% -61.20% 2.55x 7.77x CA$-3.49 Million
2012 0.00% -11.39% 3.23x 0.00x CA$-608.41K
2013 204.18% 5.50% 3.03x 12.25x CA$352.66K
2014 37.01% 31.09% 0.88x 1.36x CA$2.03 Million
2015 5.61% 5.07% 0.78x 1.41x CA$-397.78K
2016 0.24% 0.17% 0.93x 1.50x CA$-1.02 Million
2017 2.83% 1.51% 1.08x 1.74x CA$-800.10K
2018 1.56% 0.76% 1.11x 1.86x CA$-953.60K
2019 -12.74% -6.95% 0.94x 1.95x CA$-3.98 Million
2020 -18.26% -4.75% 1.14x 3.38x CA$-4.10 Million
2021 -24.96% -3.17% 2.08x 3.79x CA$-4.07 Million
2022 -27.36% -24.19% 0.42x 2.68x CA$-6.00 Million
2023 0.19% 0.16% 0.78x 1.52x CA$-1.65 Million
2024 -22.39% -12.14% 0.99x 1.86x CA$-4.38 Million
2025 -16.14% -6.00% 1.46x 1.84x CA$-3.28 Million

Industry Comparison

This section compares Avante Logixx Inc's net assets metrics with peer companies in the Security & Protection Services industry.

Industry Context

  • Industry: Security & Protection Services
  • Average net assets among peers: $19,346,156
  • Average return on equity (ROE) among peers: -26.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Avante Logixx Inc (XX) CA$12.84 Million -0.19% 0.79x $26.02 Million
Gatekeeper Systems Inc (GSI) $262.66K -89.03% 0.20x $114.09 Million
Pioneering Technology Corp (PTE) $2.93 Million -22.94% 0.60x $810.79K
SSC Security Services Corp (SECU) $61.37 Million 0.26% 0.37x $28.54 Million
Zedcor Energy (ZDC) $12.82 Million 5.24% 1.03x $494.06 Million

About Avante Logixx Inc

V:XX Canada Security & Protection Services
Market Cap
$26.02 Million
CA$35.98 Million CAD
Market Cap Rank
#24199 Global
#916 in Canada
Share Price
CA$1.35
Change (1 day)
+0.00%
52-Week Range
CA$0.74 - CA$1.50
All Time High
CA$2.35
About

Avante Corp. develops security technologies, products, and solutions in Canada, the United States, Israel, Egypt, Italy, Kuwait, the United Kingdom, and internationally. The company provides system design, sales, installations, and monitoring services, including alarm response and patrols, personal protection, house staff training, and secure transportation. It offers consulting and installation … Read more