Avante Logixx (TSE:XX) has released an update.
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Avante Corp. reports a robust third fiscal quarter with a 36.3% revenue increase and an 11.1% rise in Recurring Monthly Revenues, driven by the strategic acquisition of NSSG and organic growth. Despite a strong balance sheet with $5.7 million in cash and substantial unused credit lines, the company saw a slight decrease in Adjusted EBITDA. Avante remains debt-free and optimistic about its international expansion and new service offerings.
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