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Achari Ventures Holdings Corp I  (AVHI)
Other Ticker:  
 
 
Price: $11.4400 $0.35 3.156%
Day's High: $11.75 Week Perf: 2.33 %
Day's Low: $ 11.40 30 Day Perf: 5.05 %
Volume (M): 1 52 Wk High: $ 12.45
Volume (M$): $ 7 52 Wk Avg: $10.79
Open: $11.75 52 Wk Low: $10.50



 Market Capitalization (Millions $) 36
 Shares Outstanding (Millions) 3
 Employees 214
 Revenues (TTM) (Millions $) -
 Net Income (TTM) (Millions $) -2
 Cash Flow (TTM) (Millions $) 0
 Capital Exp. (TTM) (Millions $) 0

Achari Ventures Holdings Corp I

AV Homes, Inc. is a homebuilder engaged in the business of homebuilding and community development in Florida, Arizona, and North Carolina. Our business focuses on the development of (i) active adult communities, which are age-restricted or age-targeted to the age 55 and over active adult demographic, and (ii) primary residential communities, which serve first-time and move-up buyers, and the construction and sale of residences within these communities. We utilize our deep experience, strong operating platform, and land inventory to capitalize on the strengthening housing environment and favorable demographic trends within our core markets. We are publicly held and our common stock is traded on the NASDAQ Stock Market under the symbol “AVHI.”

Our primary business is homebuilding, which includes the acquisition, development and building of active adult and primary residential home communities, in Florida, Arizona and North Carolina.

General market conditions. Demand for housing in the United States is driven by a variety of factors including, among other things, population growth, household income, mortgage rates, affordability, consumer confidence and employment levels. The supply of available housing varies from time to time based on a number of factors, including, among other things, home starts, inventories of existing homes available for sale and activities of speculative investors. While we believe that higher interest rates are inevitable and may have a moderating effect on demand and pricing, we believe this impact will be outweighed by the other factors driving increased sales activity as overall new home sales remain low compared with historical levels.

Our primary business is homebuilding, which includes the acquisition, development and building of active adult and primary residential home communities in Florida, Arizona, and North Carolina.

Construction time for our homes depends on the availability of labor and materials, the type and size of the home, location and weather conditions. Construction of a home in our active adult communities or primary residential communities is typically completed within five months following commencement of construction.

We act as the general contractor for the construction of our communities. We typically engage subcontractors on a project-by-project basis to complete construction at a negotiated fixed price. Agreements with our subcontractors and material suppliers are generally entered into after competitive bidding. Our subcontract agreements typically require the subcontractor to meet certain insurance requirements and to indemnify us against claims related to their work. Our project managers and superintendents supervise the construction of each home, schedule and manage the activities of subcontractors and suppliers, subject their materials and work to quality control standards and assure compliance with zoning and building codes.



   Company Address: 60 Walnut Avenue Clark 7066 NJ
   Company Phone Number: 340-0700   Stock Exchange / Ticker: NASDAQ AVHI
   AVHI is expected to report next financial results on April 23, 2024.


Customers Net Income fell by AVHI's Customers Net Profit Margin fell to

-9.34 %

11.91 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
DHI   -2.01%    
KBH   -3.32%    
LEN   -5.64%    
NVR   -1.19%    
TMHC   -3.92%    
TOL   -2.12%    
• View Complete Report
   



Achari Ventures Holdings Corp I

AVHI's Operating Conduct Plunges: An Alarming Decline in Recent Fiscal Period



As the reporting cycle for July to September 2023 continues, various businesses have released their earnings, including several constituents of the Blank Checks sector. Among them, Achari Ventures Holdings Corp I (AVHI) recently disclosed an operating deficit of $-0.631054 million for the financial quarter ending September 30, 2023. This article will delve into the significance of this development for the company and highlight the need to focus on revenue generation and liquidity amid its emerging state of affairs.
Operating Deficit and Historical Comparison
The most recent financial report ending September 30, 2023, states a significant operating deficit of $-0.631054 million for AVHI. This demonstrates a decline compared to the operating deficit of $-0.299307 million recorded in the same quarter of 2022. In Q3 2022, the company managed to break-even, indicating a shift from profitability to an operating deficit in a year's time.

Achari Ventures Holdings Corp I

Achari Ventures Holdings Corp I Struggles in Q2 2023 Earnings, Prepares Strong Business Strategy for Recovery

As the reporting cycle for the period from April to June 2023 continues, companies from various sectors have been sharing their financial results. One notable player in the Blank Checks sector, Achari Ventures Holdings Corp I (AVHI), has recently disclosed an operating shortfall of $-0.800735 million for the financial period ending June 30, 2023.
In the midst of this ongoing development, market players are eagerly waiting for AVHI to unveil its new business strategy as soon as possible. Shareholders, on the other hand, seem to be less concerned about the company's current organizational and operational excellence. Nonetheless, it is undeniable that this has been a challenging financial period for AVHI, with the company reporting a shortfall of $-0.545 million compared to $0.398 million in income for the same period in the previous year.

Achari Ventures Holdings Corp I

Latest Fiscal Performance from Achari Ventures Holdings Corp I Emanates a Noteworthy Impact in the Evolving Blank Checks Sector

The Blank Checks industry is abuzz with news about the first quarter results of Achari Ventures Holdings Corp I (AVHI). According to industry reporters, AVHI has reported an operating shortfall of $-0.975964 million for the period spanning from January to March 31, 2023. The company has not mentioned any revenue so far, which has left many analysts scratching their heads.
However, shareholders seem to be less concerned about the current organisation's proficiency at AVHI. Instead, they are eagerly anticipating the evolution of a new business model that could potentially turn things around for the company. With AVHI in a developing state of affairs, it is becoming increasingly crucial to cultivate and increase the business model as early as feasible while keeping liquidity in order to do business.






 




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