North Star Support Group (NSSG), the majority-owned international risk-management subsidiary of Avante Corp., has launched TESEUM, an AI-powered intelligence platform designed to unify enterprise risk management across security, cyber, compliance, and geopolitical domains. The Toronto-based security solutions provider announced the release on July 28, 2026, positioning the new platform as a strategic expansion of its technology ecosystem. TESEUM replaces fragmented monitoring tools with a single operational environment that combines AI-driven analysis, real-time monitoring, and expert intelligence support, enabling organizations to detect and anticipate risks more effectively. This launch underscores NSSG’s role as a core contributor to Avante’s international growth strategy, following its acquisition by Avante in 2023.

The platform addresses the increasing complexity of global risk environments, where geopolitical instability, cyber threats, supply chain disruptions, and regulatory changes evolve simultaneously. Traditional monitoring tools often fail to provide sufficient situational awareness amidst abundant but scattered information. TESEUM bridges this gap by integrating multiple intelligence disciplines into one interface, allowing clients to transform fragmented data into operational clarity and forward-looking risk intelligence. Emmanuel Mounouchos, CEO, Chairman, and Founder of Avante Corp., stated that TESEUM represents a significant step forward for NSSG, combining AI-powered intelligence with the deep expertise the subsidiary has built over two decades.

TESEUM features several key capabilities embedded with AI agents to accelerate search, triage, analysis, and decision support. These include location intelligence for monitoring global developments based on operational footprints; travel risk and duty of care modules for protecting personnel through real-time alerts and emergency escalation; and cyber risk intelligence that connects digital threats to broader operational risks. Additionally, the platform offers third-party intelligence and due diligence support for compliance and procurement, on-demand intelligence reports from NSSG experts, an AI intelligence workspace for secure analysis, and predictive risk modelling customized to each client’s sector and country of operation.

Financial performance at NSSG has been strong since joining Avante, reflecting the scalability and high-margin profile of its services. In Fiscal 2026, NSSG delivered 67% revenue growth compared to Fiscal 2025. This overall growth was driven significantly by its Consulting division, which saw 97% growth during the same period. The subsidiary also maintained a gross profit margin of 52%, highlighting the efficiency of its specialized risk-management offerings. With offices and representation across Europe, the Middle East, North America, and Africa, NSSG serves a broad base of multinational clients, including Fortune 500 companies operating in complex jurisdictions.

Alessandro Martello, CEO and Founder of NSSG, noted that the partnership with Avante has been transformative, providing access to technology and resources needed to compete for larger mandates globally. He emphasized that TESEUM pairs AI-driven intelligence with analyst judgment, allowing clients to act on material risks rather than noise. Avante Corp. is listed on the TSX Venture Exchange under the ticker "XX" and on the OTC markets as ALXXF. The company continues to build its portfolio of security businesses through organic growth and strategic acquisitions, aiming to deliver elevated security levels for high-net-worth families and corporations worldwide.

Key Capabilities of TESEUM

What the Numbers Show

NSSG’s financial trajectory since its acquisition highlights the successful integration of high-margin consulting services within Avante’s broader portfolio. The 97% growth in the Consulting division outpaced the overall 67% revenue growth, indicating that higher-value advisory services are becoming a larger share of NSSG’s business mix. Coupled with a stable 52% gross profit margin, this suggests that NSSG is scaling its operations without significant erosion in profitability, reinforcing the strategic value of the acquisition for Avante’s international expansion.

Avante Corp. reported fiscal 2026 revenue of $37.2 million, a 10.3% increase from the prior year, driven by a 24.4% rise in Recurring Monthly Revenue (RMR). The company achieved Adjusted EBITDA of $2.3 million, an increase of 30%, while operating cash flow improved to $3.8 million from $0.3 million. Avante remains bank-debt free with $6.2 million in cash and access to $12 million in unused credit facilities.

Fiscal 2026 Financial Highlights

For the year ended March 31, 2026, Avante reported revenue of $37.23 million, up from $33.76 million. Gross profit increased to $15.57 million, with margins expanding to 41.8% from 39.3%. RMR reached $17.22 million, fueled by growth in monitoring customers and recurring revenue from its NSSG division. Adjusted EBITDA rose to $2.28 million from $1.76 million.

Fourth Quarter Performance

In the fourth quarter, revenue grew 12.4% year-over-year to $10.50 million. Gross profit for the quarter was $4.74 million, with margins improving to 45.2% from 35.7%, driven by higher-margin businesses including NSSG, Avante Black, and HALO. Adjusted EBITDA for the quarter increased 77.4% to $0.52 million.

Strategic Developments

Avante announced a partnership with Target Park Group Inc. to deploy its MAST platform across over 700 parking locations in Canada and the United States. The company also secured a deployment agreement with a regional Ontario police force for its Gunshot Detection system, incorporating Human-in-the-Loop monitoring technology.

Investor Webinar Details

Avante will host an investor webinar to discuss these results on Monday, July 27, 2026, at 11:00 am ET (8:00 am PT). The session will be led by Emmanuel Mounouchos, CEO, Chairman, and Founder, and Raj Kapoor, CFO.