NYSEAMERICAN : ASM
Avino Silver & Gold Mines Ltd. — Financial statements
Materials · Other Precious Metals & Mining · Canada
Last price 4.34 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 738.87M
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Financial statements
Avino Silver & Gold Mines Ltd. (ASM) reported revenue of 117.81M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 117.81M | 92.23M | 66.18M | 43.89M | 44.19M | 11.23M |
| Cost of Revenue | 51.63M | 43.10M | 41.83M | 35.66M | 28.88M | 7.86M |
| Gross Profit | 66.18M | 49.13M | 24.34M | 8.23M | 15.31M | 3.37M |
| Selling, General & Admin | 9.91M | 8.69M | 6.23M | 5.62M | 5.16M | 3.57M |
| Other Operating Expenses | 234.00K | 621.00K | 197.00K | 49.00K | 44.00K | 47.00K |
| Operating Expenses | 16.12M | 13.04M | 9.08M | 7.94M | 7.22M | 5.08M |
| Operating Income | 50.06M | 36.09M | 15.27M | 295.00K | 8.09M | -1.71M |
| Interest Expense | -369.00K | -316.00K | -387.00K | -381.00K | -99.00K | -24.00K |
| Interest & Investment Income | 3.14M | 1.41M | 364.00K | 414.00K | 20.00K | 178.00K |
| Currency Exchange Gain (Loss) | 6.50M | -705.00K | 979.00K | 110.00K | -17.00K | -61.00K |
| Other Non Operating Income (Expenses) | -1.38M | 1.54M | -485.00K | 397.00K | 2.12M | 423.00K |
| EBT Excluding Unusual Items | 57.95M | 38.03M | 15.74M | 835.00K | 10.11M | -1.20M |
| Gain (Loss) on Sale of Investments | 1.97M | 2.77M | -172.00K | -931.00K | -2.10M | -423.00K |
| Gain (Loss) on Sale of Assets | -304.00K | -304.00K | ||||
| Asset Writedown | -447.00K | -593.00K | -1.14M | -414.00K | -330.00K | |
| Pretax Income | 59.16M | 39.90M | 14.42M | -510.00K | 7.68M | -1.62M |
| Income Tax Expense | 14.19M | 13.26M | 6.32M | -1.05M | 4.58M | 439.00K |
| Earnings From Continuing Operations | 44.97M | 26.64M | 8.10M | 542.00K | 3.10M | -2.06M |
| Net Income | 44.97M | 26.64M | 8.10M | 542.00K | 3.10M | -2.06M |
| Net Income to Common | 44.97M | 26.64M | 8.10M | 542.00K | 3.10M | -2.06M |
| Shares Outstanding (Basic) | 160.77M | 147.72M | 134.60M | 121.26M | 114.37M | 100.16M |
| Shares Outstanding (Diluted) | 168.86M | 157.81M | 141.33M | 125.35M | 117.62M | 100.16M |
| EPS (Basic) | 0.28 | 0.18 | 0.06 | 0.00 | 0.03 | -0.02 |
| EPS (Diluted) | 0.26 | 0.17 | 0.06 | 0.00 | 0.03 | -0.02 |
| Free Cash Flow | 17.17M | 548.00K | 16.56M | -7.04M | 2.86M | -3.10M |
| Free Cash Flow Per Share | 0.10 | 0.00 | 0.12 | -0.06 | 0.02 | -0.03 |
| Gross Margin | 56.18% | 53.27% | 36.79% | 18.76% | 34.65% | 30.02% |
| Operating Margin | 42.49% | 39.13% | 23.07% | 0.67% | 18.30% | -15.24% |
| Profit Margin | 38.18% | 28.89% | 12.24% | 1.23% | 7.01% | -18.32% |
| Free Cash Flow Margin | 14.58% | 0.59% | 25.03% | -16.05% | 6.48% | -27.59% |
| EBITDA | 57.05M | 40.04M | 18.85M | 3.26M | 10.32M | 452.00K |
| EBITDA Margin | 48.43% | 43.41% | 28.48% | 7.43% | 23.35% | 4.03% |
| D&A For EBITDA | 7.00M | 3.95M | 3.58M | 2.97M | 2.23M | 2.16M |
| EBIT | 50.06M | 36.09M | 15.27M | 295.00K | 8.09M | -1.71M |
| EBIT Margin | 42.49% | 39.13% | 23.07% | 0.67% | 18.30% | -15.24% |
| Effective Tax Rate | 23.98% | 33.22% | 43.83% | 59.69% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 144.78M | 101.72M | 27.32M | 2.69M | 11.24M | 24.77M |
| Cash & Short-Term Investments | 144.78M | 101.72M | 27.32M | 2.69M | 11.24M | 24.77M |
| Accounts Receivable | 2.02M | 12.00M | 3.35M | 3.30M | 2.67M | 1.21M |
| Other Receivables | 2.46M | 1.91M | 213.00K | 6.75M | 3.74M | 3.36M |
| Receivables | 4.47M | 13.91M | 3.56M | 10.05M | 6.41M | 4.57M |
| Inventory | 15.91M | 12.20M | 7.61M | 8.83M | 6.26M | 5.18M |
| Prepaid Expenses | 3.98M | 2.92M | 2.28M | 1.97M | 1.67M | 962.00K |
| Other Current Assets | 630.00K | 1.31M | ||||
| Total Current Assets | 169.78M | 132.07M | 40.77M | 23.54M | 25.59M | 35.48M |
| Property, Plant & Equipment | 147.70M | 141.06M | 106.69M | 103.18M | 93.86M | 46.73M |
| Long-Term Investments | 3.20M | 4.15M | 1.25M | 934.00K | 1.75M | 3.94M |
| Other Long-Term Assets | 1.85M | 1.75M | 4.00K | 691.00K | 5.00K | 133.00K |
| Total Assets | 322.52M | 279.03M | 148.71M | 128.34M | 121.20M | 86.28M |
| Accounts Payable | 11.15M | 14.20M | 10.29M | 11.87M | 9.47M | 3.26M |
| Accrued Expenses | 56.00K | |||||
| Short-Term Debt | 4.93M | |||||
| Current Portion of Long-Term Debt | 848.00K | 201.00K | 166.00K | 164.00K | ||
| Current Portion of Leases | 2.84M | 2.63M | 1.48M | 1.65M | 971.00K | 389.00K |
| Current Income Taxes Payable | 5.51M | 7.14M | 3.12M | 127.00K | 895.00K | 31.00K |
| Other Current Liabilities | 8.65M | 8.33M | 475.00K | 503.00K | 107.00K | |
| Total Current Liabilities | 29.00M | 32.51M | 15.53M | 13.81M | 16.76M | 3.84M |
| Long-Term Debt | 1.10M | 187.00K | 27.00K | 195.00K | ||
| Long-Term Leases | 3.79M | 2.99M | 960.00K | 1.45M | 745.00K | 680.00K |
| Long-Term Deferred Tax Liabilities | 2.93M | 6.39M | 4.73M | 4.70M | 5.22M | 1.78M |
| Other Long-Term Liabilities | 3.13M | 2.92M | 2.06M | 2.19M | 445.00K | 1.47M |
| Total Liabilities | 39.95M | 45.00M | 23.31M | 22.34M | 23.18M | 7.77M |
| Common Stock | 271.15M | 243.32M | 163.32M | 151.69M | 145.51M | 129.95M |
| Retained Earnings | 10.20M | -16.61M | -43.32M | -51.42M | -52.03M | -55.95M |
| Treasury Stock | -97.00K | -97.00K | -97.00K | -97.00K | -97.00K | -97.00K |
| Comprehensive Income & Other | 1.32M | 7.42M | 5.49M | 5.83M | 4.63M | 4.60M |
| Shareholders' Equity | 282.57M | 234.03M | 125.40M | 106.00M | 98.02M | 78.51M |
| Total Liabilities & Equity | 322.52M | 279.03M | 148.71M | 128.34M | 121.20M | 86.28M |
| Total Debt | 8.58M | 6.01M | 2.63M | 3.45M | 6.64M | 1.07M |
| Net Cash (Debt) | 136.20M | 95.71M | 24.69M | -766.00K | 4.60M | 23.70M |
| Net Cash Per Share | 0.81 | 0.61 | 0.17 | -0.01 | 0.04 | 0.24 |
| Filing Date Shares Outstanding | 169.84M | 167.93M | 140.92M | 130.31M | 119.18M | 102.23M |
| Total Common Shares Outstanding | 169.85M | 162.29M | 140.55M | 128.71M | 118.33M | 102.23M |
| Working Capital | 140.77M | 99.56M | 25.23M | 9.73M | 8.82M | 31.64M |
| Book Value Per Share | 1.66 | 1.44 | 0.89 | 0.82 | 0.83 | 0.77 |
| Tangible Book Value | 282.57M | 234.03M | 125.40M | 106.00M | 98.02M | 78.51M |
| Tangible Book Value Per Share | 1.66 | 1.44 | 0.89 | 0.82 | 0.83 | 0.77 |
| Buildings | 17.09M | 15.85M | 14.98M | 15.37M | 14.69M | 5.43M |
| Machinery | 65.31M | 59.09M | 47.51M | 46.58M | 39.76M | 33.78M |
| Construction In Progress | 6.35M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 44.97M | 26.64M | 8.10M | 542.00K | 3.10M | -2.06M |
| Depreciation & Amortization | 7.00M | 3.95M | 3.58M | 2.97M | 2.23M | 2.16M |
| Loss (Gain) From Sale of Assets | 304.00K | 304.00K | ||||
| Asset Writedown & Restructuring Costs | 447.00K | 593.00K | 1.14M | 414.00K | 330.00K | |
| Loss (Gain) From Sale of Investments | -1.97M | -2.77M | 172.00K | 931.00K | 2.10M | 423.00K |
| Stock-Based Compensation | 4.38M | 3.73M | 2.04M | 2.27M | 2.02M | 1.47M |
| Provision & Write-off of Bad Debts | 621.00K | |||||
| Other Operating Activities | -6.48M | 2.90M | -566.00K | -875.00K | 1.00M | -341.00K |
| Change in Accounts Receivable | 4.47M | -8.65M | -47.00K | -631.00K | -1.46M | -680.00K |
| Change in Inventory | -5.53M | -4.72M | 1.05M | -2.93M | -998.00K | -3.66M |
| Change in Accounts Payable | -1.32M | 3.79M | -1.36M | 2.83M | 3.60M | 1.24M |
| Change in Income Taxes | 488.00K | 2.44M | 9.38M | -3.61M | 934.00K | 1.75M |
| Change in Other Net Operating Assets | -1.55M | -780.00K | -997.00K | -421.00K | -1.03M | -196.00K |
| Operating Cash Flow | 45.21M | 27.42M | 23.12M | 1.49M | 11.83M | 109.00K |
| Capital Expenditures | -28.03M | -26.88M | -6.56M | -8.53M | -8.97M | -3.21M |
| Cash Acquisitions | -5.00M | -15.13M | ||||
| Investment in Securities | 386.00K | |||||
| Investing Cash Flow | -27.65M | -26.88M | -6.56M | -13.53M | -24.10M | -3.21M |
| Long-Term Debt Repaid | -2.63M | -2.08M | -1.67M | -1.18M | -3.05M | |
| Lease Payments | -3.27M | -2.31M | -1.91M | -1.44M | -1.18M | |
| Net Debt Issued (Repaid) | -3.62M | -2.63M | -2.08M | -1.67M | -1.18M | -3.05M |
| Issuance of Common Stock | 99.40M | 79.30M | 10.72M | 5.65M | 43.00K | 19.54M |
| Other Financing Activities | -2.81M | -2.81M | -628.00K | -494.00K | -13.00K | -400.00K |
| Financing Cash Flow | 89.94M | 73.86M | 8.02M | 3.49M | -1.15M | 16.09M |
| Foreign Exchange Rate Adjustments | 3.00K | 50.00K | -2.00K | -101.00K | 58.00K | |
| Net Cash Flow | 107.50M | 74.41M | 24.63M | -8.56M | -13.52M | 13.05M |
| Free Cash Flow | 17.17M | 548.00K | 16.56M | -7.04M | 2.86M | -3.10M |
| Free Cash Flow Margin | 14.58% | 0.59% | 25.03% | -16.05% | 6.48% | -27.59% |
| Free Cash Flow Per Share | 0.10 | 0.00 | 0.12 | -0.06 | 0.02 | -0.03 |
| Levered Free Cash Flow | 21.02M | 2.05M | 17.65M | -8.73M | 4.07M | -2.16M |
| Unlevered Free Cash Flow | 21.25M | 2.25M | 17.89M | -8.49M | 4.13M | -2.14M |
| Free Cash Flow After Leases | 13.91M | -1.76M | 14.65M | -8.49M | 1.69M | -3.10M |
| Cash Interest Paid | 460.00K | 342.00K | 238.00K | 227.00K | 92.00K | 92.00K |
| Cash Income Tax Paid | 17.28M | 7.02M | 12.00K | 37.00K | 14.00K | 589.00K |
| Change in Working Capital | -3.45M | -7.92M | 8.04M | -4.76M | 1.04M | -1.55M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 738.87M | 976.84M | 123.50M | 65.72M | 80.44M | 89.67M |
| Enterprise Value | 600.25M | 923.34M | 119.16M | 67.45M | 76.25M | 68.40M |
| Last Close Price | 4.34 | 6.21 | 0.88 | 0.52 | 0.68 | 0.86 |
| PE Ratio | 16.46 | 36.66 | 15.25 | 121.26 | 25.98 | |
| PS Ratio | 6.27 | 10.59 | 1.87 | 1.50 | 1.82 | 7.99 |
| PB Ratio | 2.61 | 4.17 | 0.98 | 0.62 | 0.82 | 1.14 |
| P/TBV Ratio | 2.61 | 4.17 | 0.98 | 0.62 | 0.82 | 1.14 |
| P/FCF Ratio | 43.02 | 1,782.55 | 7.46 | 28.09 | ||
| P/OCF Ratio | 16.34 | 35.62 | 5.34 | 44.17 | 6.80 | 822.64 |
| EV/Sales Ratio | 5.10 | 10.01 | 1.80 | 1.54 | 1.73 | 6.09 |
| EV/EBITDA Ratio | 10.52 | 23.06 | 6.32 | 20.67 | 7.39 | 151.33 |
| EV/EBIT Ratio | 11.99 | 25.58 | 7.81 | 228.65 | 9.43 | |
| EV/FCF Ratio | 34.95 | 1,684.93 | 7.19 | 26.62 | ||
| Debt / Equity Ratio | 0.03 | 0.03 | 0.02 | 0.03 | 0.07 | 0.01 |
| Debt / EBITDA Ratio | 0.15 | 0.15 | 0.14 | 1.06 | 0.64 | 2.37 |
| Debt / FCF Ratio | 0.50 | 10.97 | 0.16 | 2.32 | ||
| Net Debt / Equity Ratio | -0.48 | -0.41 | -0.20 | 0.01 | -0.05 | -0.30 |
| Net Debt / EBITDA Ratio | -2.39 | -2.39 | -1.31 | 0.23 | -0.45 | -52.42 |
| Net Debt / FCF Ratio | -7.93 | -174.65 | -1.49 | -0.11 | -1.61 | 7.65 |
| Asset Turnover | 0.47 | 0.43 | 0.48 | 0.35 | 0.43 | 0.14 |
| Inventory Turnover | 3.91 | 4.35 | 5.09 | 4.73 | 5.05 | 2.30 |
| Quick Ratio | 5.15 | 3.56 | 1.99 | 0.92 | 1.05 | 7.63 |
| Current Ratio | 5.85 | 4.06 | 2.62 | 1.70 | 1.53 | 9.23 |
| Return on Equity (ROE) | 21.05% | 14.82% | 7.00% | 0.53% | 3.51% | -2.99% |
| Return on Assets (ROA) | 12.58% | 10.55% | 6.89% | 0.15% | 4.87% | -1.38% |
| Return on Invested Capital (ROIC) | 26.11% | 20.16% | 8.27% | 0.29% | 4.40% | -3.25% |
| Return on Capital Employed (ROCE) | 17.10% | 14.60% | 11.50% | 0.30% | 7.70% | -2.10% |
| Earnings Yield | 6.08% | 2.73% | 6.56% | 0.83% | 3.85% | -2.29% |
| FCF Yield | 2.32% | 0.06% | 13.41% | -10.72% | 3.56% | -3.45% |
| Buyback Yield / Dilution | -13.57% | -11.66% | -12.75% | -6.57% | -17.43% | -20.41% |