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Financial statements

AVINO SILVER & GOLD MINES LTD financial statements

Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data AVINO SILVER & GOLD MINES LTD files with the SEC in its annual reports.

In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Revenue14.934.733.434.131.71611.244.243.966.2
Cost of revenue8.572322.127.93215.87.6829.136.143
Gross profit6.3511.711.36.27-0.270.193.5515.17.8223.2
Selling, general and administrative3.33.793.333.613.192.93.575.165.626.23
General and administrative0.340.19
Pre-tax income2.36.46-2.97-8.89-2.97-8.89-1.627.68-0.5114.4
Income tax-2.81-3.43-2.911.050.330.16-4.581.05
Income from continuing operations2.671.66-2.34-7.48-2.06
Net income0.382.022.521.63-31.5-7.65-2.063.10.548.1
EPS, basic0.020.050.050.03-0.45-0.09-0.020.03
EPS, diluted0.020.050.050.03-0.45-0.09-0.020.030.000.06

Balance sheet

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Cash and equivalents5.411.83.423.259.6311.724.811.22.6927.3
Receivables3.054.644.091.480.531.212.673.33.35
Inventory5.89.19.235.591.665.186.268.837.61
Total current assets35.126.622.922.819.735.525.623.540.8
Property, plant and equipment18.628.132.238.735.734.835.744.153.153.8
Total assets94.110310972.668.886.3121128149
Accounts payable3.733.515.894.912.073.269.4711.910.3
Total current liabilities11.810.29.849.565.023.8416.813.815.5
Total liabilities32.333.833.418.69.777.7723.222.323.3
Retained earnings-21.5-18.9-16.547.2-54.3-56-52-51.4-43.3
Total equity37.461.86975.253.95978.598106125
Total liabilities and equity94.110310972.668.886.3121128149

Cash flow statement

FY2015FY2017FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Net income0.382.022.521.63-31.5-7.65-2.063.10.548.1
Depreciation and amortization1.041.92.693.233.6821.980.140.140.15
Cash from operations-2.174.82-2.179.225.510.070.1111.81.4923.1
Capital expenditures00.330.41
Cash from investing-6.91-18.5-3.14-13.2-3.73-2.17-3.21-24.1-13.5-6.56
Debt issued10
Debt repaid10-0.67-0.67-20.833.332.50
Stock issued11.24.62
Share buybacks-0.11-0.08-0.1-0.12
Cash from financing10.620-3.063.864.974.216.1-1.153.498.02
Exchange rate effect0.240.04-0-0.02-0.37-0.020.06-0.1-00.05
Net change in cash1.56.34-8.36-0.156.742.1113-13.4-8.5624.6
Free cash flow0.1112.21.9

Key metrics

Worked out from the statements above. Latest values use fiscal 2024. Valuation uses the share price of $5.94 on September 25, 2026.

Profitability

MetricValueHow it is calculated
Gross margin35.1%Gross profit / revenue.
Pre-tax margin21.8%Pre-tax income / revenue.
Net margin12.2%Net income / revenue.
Operating cash flow margin34.9%Cash from operations / revenue.
Return on assets (ROA)5.8%Net income / average total assets.
SG&A / revenue9.4%Selling, general and administrative expense / revenue.
D&A / revenue0.2%Depreciation and amortization / revenue.

Growth

MetricValueHow it is calculated
Revenue growth, 1y50.8%Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y80.6%Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y15.8%Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y196.7%Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y87.0%Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Net income growth, 1y1,394.0%Net income vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y1,454.0%Operating cash flow vs the same period a year earlier. Only from a positive base.
Operating cash flow CAGR, 3y496.4%Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Operating cash flow CAGR, 5y33.2%Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Total assets growth, 1y15.9%Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y19.9%Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y15.4%Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.62xCurrent assets / current liabilities.
Quick ratio1.97x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio1.76x(Cash + short-term investments) / current liabilities.
Liabilities / assets15.7%Total liabilities / total assets.
Working capital$25.2MCurrent assets - current liabilities.

Efficiency

MetricValueHow it is calculated
Asset turnover0.48xRevenue / average total assets.
Fixed asset turnover1.24xRevenue / average property, plant and equipment.
Inventory turnover5.23xCost of revenue / average inventory.
Days inventory70 days365 x average inventory / cost of revenue.
Receivables turnover19.9xRevenue / average receivables.
Days sales outstanding18 days365 x average receivables / revenue.
Days payables94 days365 x average accounts payable / cost of revenue.
Cash conversion cycle-6 daysDays inventory + days sales outstanding - days payables.

Per share

MetricValueHow it is calculated
EPS, diluted$0.06Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.

Valuation

MetricValueHow it is calculated
Market cap$1.01BShare price x shares outstanding.
Enterprise value$981.6MMarket cap + total debt - cash - short-term investments.
P/E125xMarket cap / net income. Only when net income is positive.
P/S15.2xMarket cap / revenue.
P/OCF43.6xMarket cap / cash from operations, when positive.
EV/Sales14.8xEnterprise value / revenue.
Earnings yield0.8%Net income / market cap (the inverse of P/E).
Shareholder yield0.0%(Dividends paid + share buybacks) / market cap.
What was AVINO SILVER & GOLD MINES LTD's revenue in fiscal 2024?

AVINO SILVER & GOLD MINES LTD reported revenue of $66.2M for fiscal 2024, 50.8% higher than the year before.

Was AVINO SILVER & GOLD MINES LTD profitable in fiscal 2024?

Yes. Net income was $8.1M, a net margin of 12.2%.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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