AVANTE ANNOUNCES FISCAL 2026 FINANCIAL RESULTS WITH 24% INCREASE IN RECURRING MONTHLY REVENUE AND 30% ADJUSTED EBITDA GROWTH
* Avante achieved 10.3% year-over-year revenue growth in fiscal 2026, reaching $37.2 million, with Recurring Monthly Revenue improving by 24.4%. * The Company achieved Adjusted EBITDA of $2.3 million in fiscal 2026, an increase of 30% as compared to the prior fiscal year, with Gross profit margin of 41.8%. * NSSG delivered revenue growth of 66.9% for the year, reflecting continued growth across its international secured transportation, investigations, and consulting services, with the latter growing 96.6%. * Avante achieved operating cash flow of $3.8 million as compared to $0.3 million in the prior fiscal year, an over 10 times improvement. TORONTO, Ontario, July 22, 2026 (GLOBE NEWSWIRE) -- Avante Corp. (TSX.V: XX) (OTC: ALXXF), a global provider of technology-enabled security solutions and services, (“Avante” or the “Company”) is pleased to announce its financial results for fiscal 2026, representing the three and twelve months ended March 31, 2026 (all amounts in Canadian dollars thousands, unless otherwise indicated).
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