Q2 in less than a week ! Avant Brands Inc. (TSX: AVNT) (OTCQX: AVTBF) (FRA: 1BU0) (“Avant” or the “Company”), a leading producer of handcrafted, high quality cannabis products will release it's Q2 financial and operating results for the second quarter ended May 31, 2022, after the close of the Toronto Stock Exchange on Wednesday, July 13, 2022.
A conference call with management will be held on Thursday, July 14, 2022, at 1 PM PT (4 PM ET).
Avant has already boasted a 4.6M Q1
Another 4.6-5M Q2 will put us close to our entire 21' fiscal year in revenue of 11M.
With 3PL in full production now we are starting to see a pattern / guidence on doubling revenue Q over Q and Y over Y.
Conservatively say (Q1) 4.6M x 4Q = $18.4M
Less $2.25 x 5,000 Kg packaged cost = $11.25M
Should leave $7.15M net profit @ 49% = $3.575M
Plus our "francise fee" from 3PL which is close to $1M a year. So + $4.575M
Get these shares while there cheap now !!