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Avant Brands (AVNT) investor relations material

Avant Brands Q3 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2025 earnings summary14 Oct, 2025

Executive summary

  • Eighth consecutive quarter of positive adjusted EBITDA, reflecting operational discipline and international growth.

  • Strong demand in both domestic and international markets, with a focus on premium cannabis products.

  • Strategic shift toward higher-margin SKUs and cost management to drive long-term profitability.

Financial highlights

  • Gross revenue rose 13% to $10.8M and net revenue increased 11% to $9.4M year-over-year.

  • Gross profit increased 68% to $1.7M compared to Q3 2024.

  • Adjusted EBITDA was $0.2M, marking eight consecutive quarters of positive results.

  • YTD net cash flows from operating activities grew 111% to $3.7M year-over-year.

Segment performance

  • Export wholesale revenue declined 16% to $4.3M, while domestic wholesale revenue surged 307% to $2.3M.

  • Net recreational revenue decreased 3% to $2.7M due to higher sales returns and allowances.

  • Combined domestic and export wholesale revenue increased 17% to $6.5M.

  • Cannabis production was 3,231 KG (-6%), while sales reached 3,387 KG (+10%).

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Frequently asked questions

Avant Brands Inc is a cannabis company engaged in the production and sale of premium cannabis products. The company operates cultivation facilities and distributes its products to both recreational and medical markets through retail and wholesale channels. Avant Brands operates within the consumer goods and healthcare sectors. The company is headquartered in Kelowna, Canada, and its shares are listed on the TSX.

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