Avante Logixx Inc (XX) - Net Assets
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 |
-- |
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
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