Avante Logixx Inc.
Avante Logixx Inc. (ALXXF) Financial Performance & Income Statement Overview
Analyze Avante Logixx Inc. (ALXXF) financial statements (income, balance sheet, and cash flow) across both yearly and quarterly periods.
Avante Logixx Inc. (ALXXF) Income Statement & Financial Overview
Explore comprehensive income reports for Avante Logixx Inc. ALXXF, broken down by year and quarter.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $9.35M | $8.41M | $8.09M | $7.91M |
| Cost of Revenue | $6.01M | $4.97M | $4.61M | $4.91M |
| Gross Profit | $3.33M | $3.44M | $3.48M | $3.006M |
| Gross Profit Ratio | $0.36 | $0.41 | $0.43 | $0.38 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $3.20M | $3.010M | $3.12M | $2.75M |
| Operating Expenses | $3.62M | $3.44M | $3.48M | $3.006M |
| Total Costs & Expenses | $9.63M | $8.41M | $8.09M | $8.07M |
| Interest Income | $0.00 | $0.00 | -$117333.00 | $0.00 |
| Interest Expense | $189080.00 | $222147.00 | $85757.00 | $221791.00 |
| Depreciation & Amortization | $420843.00 | $428018.00 | $407511.00 | $406653.00 |
| EBITDA | $11238.00 | $335514.00 | -$416080.00 | $348372.00 |
| EBITDA Ratio | $0.001 | $0.04 | -$0.05 | $0.04 |
| Operating Income | -$285208.00 | $3807.00 | -$53055.00 | -$155889.00 |
| Operating Income Ratio | -$0.03 | $0.00 | -$0.007 | -$0.02 |
| Other Income/Expenses (Net) | -$182116.00 | -$160067.00 | -$856293.00 | $28007.00 |
| Income Before Tax | -$467324.00 | -$156260.00 | -$909348.00 | -$127882.00 |
| Income Before Tax Ratio | -$0.05 | -$0.02 | -$0.11 | -$0.02 |
| Income Tax Expense | $394607.00 | -$1508.00 | $0.00 | $0.00 |
| Net Income | -$861173.00 | -$144967.00 | -$909348.00 | -$120105.00 |
| Net Income Ratio | -$0.09 | -$0.02 | -$0.11 | -$0.02 |
| EPS | -$0.03 | -$0.005 | -$0.03 | -$0.004 |
| Diluted EPS | -$0.03 | -$0.005 | -$0.03 | -$0.004 |
| Weighted Avg Shares Outstanding | $26.65M | $26.64M | $26.64M | $26.64M |
| Weighted Avg Shares Outstanding (Diluted) | $26.65M | $26.64M | $26.64M | $26.64M |
The company's financials show resilient growth, with revenue advancing from $7.91M in Q1 2024 to $9.35M in Q4 2024. Gross profit remained healthy with margins at 36% in Q4 2024 compared to 38% in Q1 2024. Operating income hit -$285208.00 last quarter, sustaining a consistent -3% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at $11238.00. Net income dropped to -$861173.00, while earnings per share reached -$0.03. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.
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