Avant Brands Reports Q1 Fiscal 2023 Results with Third Consecutive Quarter of Positive Adjusted EBITDA and Cash Flow from Operations streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Gross Revenue of $7.9 million (+71% vs. Q1 2022)Record Adjusted EBITDA1 of $1.8 million (+2,158% vs. Q1 2022)Positive Cash Flow from Operations2 of $1.8 million (+2,123% vs. Q1 2022)Overall Gross Margin3
Q4 2022 record gross revenues of $8.9 million (+219% vs. Q4 2021)Q4 2022 record Adjusted EBITDA1 of $1.6 million (+208% vs. Q4 2021)Q4 2022 record Cash Flow from Operations2 of $1.9 million (+192% vs.