Avant Brands Inc. reported earnings results for the second quarter and six months ended May 31, 2023. For the second quarter, the company reported sales was CAD 8.97 million compared to CAD 4.46 million a year ago. Revenue was CAD 7.99 million compared to CAD 4.07 million a year ago. Net loss was CAD 0.557 million compared to CAD 3.84 million a year ago.
For the six months, sales was CAD 16.84 million compared to CAD 9.07 million a year ago. Revenue was CAD 15.02 million compared to CAD 8.27 million a year ago. Net loss was CAD 0.433 million compared to CAD 4.34 million a year ago.