AVN Avanceon Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 27.24 +0.15%
Financials
Avanceon Limited (AVN) financials
18 years of annual results (FY2008 – FY2025), 54 quarters.
Avanceon Limited (AVN) reported revenue of Rs 15.9 bn for FY2025 (Jan – Dec 2025), down 1.7% from FY2024.
Profit attributable to shareholders was Rs 647.4 mn (EPS Rs 1.54), down 67.8%, a net margin of 4.1%.
It declared a dividend of Rs 1.00 per share for FY2025.
Net debt stood at Rs 2.3 bn.
Return on equity was 4.5%.
Over the last five years revenue grew at a compound 19.8% a year.
At Rs 27.24 (close on 16 Oct 2026) the shares trade at 52.0× earnings (TTM to Jun 2026) and 0.80× book value, with a dividend yield of 3.7%.
Fundamentals
AVN at a glance
Revenue · FY2025
Rs 15.9 bn
▼ 1.7% year on year
Profit attributable to shareholders · FY2025
Rs 647.4 mn
▼ 67.8% year on year
EPS – basic (Rs) · FY2025
Rs 1.54
▼ 69.8% year on year
Dividend per share (Rs) · FY2025
Rs 1.00
Net margin · FY2025
4.1%
-8.6 pts year on year
Debt to equity · FY2025
21.9%
+8.5 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 15.9 bn
- Profit attributable · FY2025
- Rs 647.4 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 30.3 bn
- Equity · FY2025
- Rs 14.9 bn
Financial highlights
AVN financial results
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 |
|---|---|---|---|---|---|
| Revenue | 15.9 | 16.2 | 17.8 | 9.5 | 7.1 |
| Gross profit | 4.2 | 4.3 | 5.6 | 2.5 | 2.3 |
| Operating profit | 1.3 | 1.7 | 4.0 | 1.9 | 1.4 |
| Profit after tax | 0.7 | 2.1 | 2.6 | 0.9 | 1.6 |
| Profit attributable to shareholders | 0.6 | 2.0 | 2.5 | 0.8 | 1.6 |
| EPS – basic (Rs) Rs | 1.54 | 5.11 | 6.09 | 2.05 | 4.66 |
| Dividend per share (Rs) Rs | 1.00 | 0.00 | 1.82 | 0.00 | 0.63 |
| Total assets | 30.3 | 28.2 | 26.0 | 18.4 | 11.7 |
| Total equity | 15.6 | 14.7 | 13.1 | 9.1 | 6.4 |
| Total debt | 3.4 | 2.0 | 1.7 | 1.0 | 0.9 |
| Net cash from operating activities | (0.7) | 0.8 | (0.6) | 0.2 | (0.1) |
| Capital expenditure | (0.5) | (0.5) | (0.3) | (0.1) | (0.0) |
| Free cash flow (operating cash flow − capex) | (1.2) | 0.2 | (0.9) | 0.0 | (0.1) |
| Rs bn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.7 | 3.3 | 3.8 | 8.5 | 2.2 | 2.7 | 2.5 | 7.0 | 3.9 |
| Gross profit | 4.5 | 1.1 | 0.9 | 2.2 | 0.4 | 0.6 | 1.0 | 1.7 | 1.0 |
| Operating profit | 0.9 | (0.1) | 0.2 | 1.1 | (0.2) | (0.0) | 0.4 | 1.0 | 0.4 |
| Profit after tax | 0.2 | (0.3) | 0.1 | 0.8 | (0.3) | (0.1) | 0.3 | 1.7 | 0.3 |
| Profit attributable to shareholders | 0.2 | (0.3) | 0.1 | 0.8 | (0.3) | (0.1) | 0.3 | 1.7 | 0.3 |
| EPS – basic (Rs) Rs | 0.52 | (0.74) | 0.13 | 1.88 | (0.75) | (0.25) | 0.64 | 4.45 | 0.78 |
| Dividend per share (Rs) Rs | 1.00 | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 31.4 | 31.4 | 30.2 | 30.3 | 28.5 | 27.3 | 27.5 | 28.2 | 23.9 |
| Total equity | 15.3 | 15.3 | 15.7 | 15.6 | 14.9 | 15.3 | 15.0 | 14.7 | 12.6 |
| Total debt | 3.3 | 3.3 | 2.8 | 3.4 | 2.5 | 2.7 | 1.9 | 2.0 | 1.1 |
| Net cash from operating activities | 0.5 | 0.4 | 0.1 | (0.4) | 0.3 | (0.6) | 0.0 | (0.7) | (2.0) |
| Capital expenditure | (0.9) | (0.2) | (0.1) | (0.3) | (0.3) | (0.2) | (0.2) | (0.2) | (0.2) |
| Free cash flow (operating cash flow − capex) | (0.4) | 0.2 | (0.0) | (0.6) | 0.0 | (0.8) | (0.2) | (1.0) | (2.2) |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.