Financial Snapshot

Revenue
$0.00
TTM
Gross Margin
Net Earnings
-$2.469M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
0.71%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
-$1.813M
Q3 2024
Cash
Q3 2024
P/E
-30.49
Nov 29, 2024 EST
Free Cash Flow
-$1.668M
TTM

Revenues

Revenues

Loading...

Revenue YoY Change

Loading...

Revenues

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $276.3K $921.3K $1.214M $717.5K $0.00 $0.00
YoY Change -70.01% -24.12% 69.23%

Expenses

Cost Of Revenues

Loading...

Gross Profit

Loading...

Gross Profit Margin

Loading...

Gross Profit

Concept 2024 2023 2022 2021 2020 2019 2018
Revenue $276.3K $921.3K $1.214M $717.5K $0.00 $0.00
Cost Of Revenue $316.8K $710.5K $1.231M $461.1K
Gross Profit -$40.46K $210.8K -$16.53K $256.3K
Gross Profit Margin -14.64% 22.88% -1.36% 35.73%

Selling, General & Admin Expense

Loading...

Research & Development

Loading...

Depreciation, Depletion & Amortization

Loading...

SGA Expense to Gross Profit Ratio

Loading...

R&D To Gross Profit Ratio

Loading...

DDA To Gross Profit Ratio

Loading...

Operating Expenses Total

Loading...

Operating Profits/Loss

Loading...

Operational Expenses

Concept 2024 2023 2022 2021 2020 2019 2018
Selling, General & Admin $1.454M $299.7K $506.2K $230.4K $259.8K $78.23K $740.00
YoY Change 385.28% -40.78% 119.65% -11.3% 232.08% 10471.62%
% of Gross Profit 240.11% 101.35%
Research & Development $0.00 $27.04K
YoY Change -100.0%
% of Gross Profit 10.55%
Depreciation & Amortization $76.95K $23.42K $36.53K $53.93K $36.94K $4.800K
YoY Change 228.58% -35.89% -32.26% 45.99% 669.58%
% of Gross Profit 17.33% 14.41%
Operating Expenses $2.117M $323.1K $553.9K $287.2K $325.9K $78.23K $740.00
YoY Change 555.21% -41.66% 92.88% -11.88% 316.62% 10471.62%
Operating Profit -$2.128M -$363.6K -$343.1K -$303.7K -$69.59K
YoY Change 485.41% 5.97% 12.97% 336.44%

Interest Expenses

Loading...

Interest Expenses To Operating Income %

Loading...

Other Expense/Income

Loading...

Interest & Other Expense/Income

Concept 2024 2023 2022 2021 2020 2019 2018
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$11.29K $14.65K $216.6K $1.430K
YoY Change -177.09% -93.24% 15047.55%

Income/Loss

Pretax Income

Loading...

Income Tax

Loading...

Net Profits/Loss

Loading...

Pretax Income YoY Change

Loading...

Income Tax Rate

Loading...

Net Profits/Loss YoY Change

Loading...

Basic EPS

Loading...

Net Income To Revenue Ratio

Loading...

Pretax & Net Income

Concept 2024 2023 2022 2021 2020 2019 2018
Pretax Income -$2.128M -$348.9K -$126.5K -$302.3K -$69.59K -$78.23K -$740.00
YoY Change 510.0% 175.79% -58.15% 334.39% -11.04% 10471.62%
Income Tax $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$2.128M -$348.9K -$126.5K -$302.3K -$69.59K -$78.23K -$740.00
YoY Change 510.0% 175.79% -58.15% 334.39% -11.04% 10471.62%
Net Earnings / Revenue -126.28% -13.73% -24.9% -9.7%
Basic Earnings Per Share -$0.02 $0.00
Diluted Earnings Per Share -$0.02 -$0.01 -$4.808K -$11.50K -$3.420K -$843.50 -$7.24

Assets & Liabilities

Cash & Short-Term Investments

Loading...

Cash & Equivalents

Loading...

Cash To Operating Expenses Ratio

Loading...

Inventory

Loading...

Receivables

Loading...

Total Short-Term Assets

Loading...

Property, Plant And Equipment

Loading...

Long-Term Investments

Loading...

Total Long-Term Assets

Loading...

Total Assets

Loading...

Net Income To Total Assets Percentage

Loading...

Accounts Payable

Loading...

Short-Term Debt

Loading...

Long Term Debt Due

Loading...

Total Short-Term Liabilities

Loading...

Long-Term Debt

Loading...

Other Long-Term Liabilities

Loading...

Total Long-Term Liabilities

Loading...

Total Liabilities

Loading...

Short-Term To Long-Term Debt Ratio

Loading...

Short-Term Assets To Debt Ratio

Loading...

Long-Term Debt To Net Income Ratio

Loading...

Assets & Liabilities

Concept 2024 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $280.00 $107.5K $33.29K $60.36K $27.30K $100.00 $5.690K
YoY Change -99.74% 222.83% -44.85% 121.1% 27200.0% -98.24%
Cash & Equivalents $280.00 $107.5K $33.29K $60.36K $27.30K $100.00 $5.690K
Short-Term Investments
Other Short-Term Assets $115.8K $100.00 $126.3K $204.9K $10.40K $25.37K $2.620K
YoY Change 115700.0% -99.92% -38.39% 1870.58% -59.01% 868.32%
Inventory $0.00 $110.00
Prepaid Expenses
Receivables $0.00 $3.770K $63.63K $29.57K
Other Receivables $0.00 $167.6K $291.4K $80.98K
Total Short-Term Assets $116.1K $107.6K $330.9K $620.3K $148.4K $25.47K $8.310K
YoY Change 7.9% -67.49% -46.66% 318.1% 482.49% 206.5%
Property, Plant & Equipment $0.00 $130.00 $430.00 $23.21K $51.35K $5.060K
YoY Change -100.0% -69.77% -98.15% -54.8% 914.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $0.00 $1.940K $1.960K $0.00
YoY Change -100.0% -1.02%
Total Long-Term Assets $205.9K $133.9K $123.8K $196.0K $271.6K $5.050K $0.00
YoY Change 53.82% 8.15% -36.84% -27.85% 5278.42%
Total Assets $322.0K $241.5K $454.7K $816.3K $420.0K $30.52K $8.310K
YoY Change
Accounts Payable $1.082M $44.30K $1.990K $270.9K $50.82K $6.000K
YoY Change 2341.99% 2126.13% -99.27% 433.1% 747.0%
Accrued Expenses $192.6K $193.8K $73.72K $13.87K
YoY Change -0.63% 162.91% 431.51%
Deferred Revenue
YoY Change
Short-Term Debt $706.8K $637.8K $599.9K $423.8K $390.2K $68.14K $5.050K
YoY Change 10.81% 6.33% 41.53% 8.61% 472.69% 1249.31%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $1.789M $874.7K $860.2K $1.144M $457.7K $80.14K $5.050K
YoY Change 104.47% 1.68% -24.78% 149.9% 471.08% 1486.93%
Long-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Total Liabilities $1.789M $874.7K $860.2K $1.144M $457.7K $80.14K $5.050K
YoY Change 104.47% 1.68% -24.78% 149.9% 471.08% 1486.93%

Ownership

Basic Shares Outstanding

Loading...

Diluted Shares Outstanding

Loading...

Preferred Stock

Loading...

Treasury Stock Shares

Loading...

Stock Issuance & Repurchase

Loading...

Ownership Data

Concept 2024 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 86.53M shares 38.50M shares
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Loading...

Book Value

Loading...

Free Cash Flow

Loading...

Free Cash Flow YoY

Loading...

Free Cash Flow Margin

Loading...

Dividends

Dividends

Loading...

Stock Price

Loading...
Market Cap: $75.28 Million

About AVANT TECHNOLOGIES INC.

Avant Technologies, Inc. is a holding company, which focuses on websites and mobile apps aimed to provide customization and convenience for its users. The company is headquartered in Las Vegas, Nevada. The company went IPO on 2019-05-02. The company specializes in acquiring, creating, and developing advanced technologies utilizing artificial intelligence (AI) and offers information technology consulting services. The firm develops a distributed supercomputer designed for AI software development companies and other companies that require computing power, such as scientific simulations, climate modeling, protein folding analysis, and big data processing. Its technology Avant! AI is an AI platform that utilizes advanced natural language processing capabilities to provide responses to complex questions and to perform in complex scenarios. The company uses Avant! AI to develop in-house projects and to integrate AI within previously developed software applications. InstantFAME is a mobile and Web application that operates in the digital artwork marketplace. The company offers its platform technology as a business-to-business solution for companies to access its advanced features.

Industry: Services-Computer Processing & Data Preparation Peers: DecisionPoint Systems, Inc. COMPUTER TASK GROUP INC CSP INC /MA/ Research Solutions, Inc. Glimpse Group, Inc. INTERNATIONAL BUSINESS MACHINES CORP PFSWEB INC MicroAlgo Inc.