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Avante FY27 Q1 adjusted EBITDA more than doubles to CAD 818,000; revenue rises 14.4% to CAD 10 million

PUBT·08/31/2026 10:00:31
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Avante FY27 Q1 adjusted EBITDA more than doubles to CAD 818,000; revenue rises 14.4% to CAD 10 million
  • Avante posted fiscal Q1 revenue of CAD 10 million, up 14.4% year over year.
  • Net results turned to a loss of CAD 353,000 from net income of CAD 11,000 a year earlier.
  • Adjusted EBITDA (non-IFRS) more than doubled to CAD 818,000, due to higher revenue and improved margin contribution.
  • Gross margin expanded 7 percentage points to 44.9%, driven by growth in higher-margin HALO and NSSG segments.
  • NSSG launched TESEUM, an AI-powered risk-intelligence platform, as Avante reiterated a positive fiscal 2027 outlook.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Avante Corp. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608310600PRIMZONEFULLFEED9818144) on August 31, 2026, and is solely responsible for the information contained therein.