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Avante (XX) investor relations material
Avante Q1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q1 2026 earnings summary27 Aug, 2025
Executive summary
Achieved 11% year-over-year revenue growth and a 25% increase in recurring monthly revenue for Q1 2026, led by NSSG's 126% revenue surge.
Adjusted EBITDA was $360,000, with positive net income of $11,000, reversing a prior net loss.
Continued focus on technology-enabled security solutions, operational streamlining, and innovation.
Strong balance sheet with $4.7M in cash and $12M in undrawn credit facilities, and no bank debt.
Growth supported by acquisitions and high-margin offerings.
Financial highlights
Q1 2026 revenue: $8.8M, up from $7.9M in Q1 2025.
Gross profit: $3.3M, up 10% from $3.0M in Q1 2025; gross margin stable at 37.9%.
Adjusted EBITDA: $360,000, consistent with prior year.
Recurring monthly revenue (RMR): $4.1M, up 25% year-over-year.
Net income from continuing operations was $11,000, compared to a net loss of $128,000 in the prior year.
Outlook and guidance
Management expects record revenue, recurring monthly revenue, and Adjusted EBITDA for fiscal 2026.
Targeting gross margins of 42–44% and adjusted EBITDA margin of 14–15% for the year.
Plans to leverage NSSG for international revenue growth and ramp up WALL-E business.
Focus on growing Adjusted Net Income per share and reinvesting cash flows into business growth.
Anticipate no further reorganization expenses and strong visibility due to high recurring revenue.
NSSG pipeline strength?
WALL-E production and customer types?
Acquisition strategy and criteria?
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Q2 202625 Nov, 2025
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Frequently asked questions
Avante Corp (formerly Avante Logixx Inc.) provides security services to residential, commercial, and enterprise clients in Canada. The company offers remote video monitoring services for various applications, including intrusion-detection monitoring and video verification services; and monitoring of wireless security systems. It also provides central station monitoring/alarm receiving center services for residential and non-residential customers. In addition, the company is engaged in the installation of security devices; and provision of other ancillary services to customers.
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