- Avant Brands press release (OTCQX:AVTBF): FY Gross Revenue of $30.2M.
- Adjusted EBITDA was a record of $4.4M
- In the fourth quarter of Fiscal 2023, the company encountered a temporary decline in sales due to the accumulation of products for large export shipments, all of which were subsequently delivered in the first quarter of 2024.
- Guidance: The company anticipates significant growth from global sales, with expected increases in gross revenues ranging between $8.2 million and $8.7 million for the first quarter of 2024.