Avino Silver & Gold Mines Ltd.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Total Revenue | 66.2M | 43.9M | 44.2M | 11.2M |
| Operating Revenue | 67.1M | 43.2M | 43.6M | 11.2M |
| Cost Of Revenue | 43.0M | 36.1M | 29.1M | 7.7M |
| Gross Profit | 23.2M | 7.8M | 15.1M | 3.5M |
| Selling General And Administration | 8.1M | 7.8M | 6.1M | 4.9M |
| General And Administrative Expense | 8.0M | 7.6M | 6.0M | 4.8M |
| Depreciation And Amortization In Income Statement | 153,000 | 135,000 | 140,000 | 140,000 |
| Other Operating Expenses | 197,000 | 49,000 | 44,000 | 223,000 |
| Operating Expense | 8.5M | 7.9M | 6.2M | 5.3M |
| Operating Income | 14.7M | -119,000 | 8.8M | -1.7M |
| EBIT | 14.8M | -129,000 | 7.8M | -1.6M |
| Interest Expense | 387,000 | 381,000 | 99,000 | 24,000 |
| Interest Expense Non Operating | 387,000 | 381,000 | 99,000 | 24,000 |
| Interest Income | 364,000 | 414,000 | 20,000 | 178,000 |
| Interest Income Non Operating | 364,000 | 414,000 | 20,000 | 178,000 |
| Net Interest Income | -33,000 | -48,000 | -352,000 | 102,000 |
| Other Income Expense | -289,000 | -343,000 | 194,000 | -9,000 |
| Other Non Operating Income Expenses | -- | -- | -81,000 | -176,000 |
| Special Income Charges | -621,000 | 0.00 | -- | -- |
| Write Off | 621,000 | 0.00 | -- | -- |
| Gain On Sale Of Security | 332,000 | -343,000 | 275,000 | -9,000 |
| Pretax Income | 14.4M | -510,000 | 7.7M | -1.6M |
| Tax Provision | 6.3M | -1.1M | 4.6M | 439,000 |
| Tax Effect Of Unusual Items | -43,350 | -137,200 | 72,078 | -2,385 |
| Net Income From Continuing And Discontinued Operation | 8.1M | 542,000 | 3.1M | -2.1M |
| Net Income From Continuing Operation Net Minority Interest | 8.1M | 542,000 | 3.1M | -2.1M |
| Net Income Including Noncontrolling Interests | 8.1M | 542,000 | 3.1M | -2.1M |
| Net Income Common Stockholders | 8.1M | 542,000 | 3.1M | -2.1M |
| Net Income | 8.1M | 542,000 | 3.1M | -2.1M |
| EBITDA | 18.2M | 2.8M | 10.0M | 522,000 |
| Normalized EBITDA | 18.5M | 3.1M | 9.7M | 531,000 |
| Reconciled Depreciation | 3.4M | 2.9M | 2.2M | 2.1M |
| Basic EPS | 0.06 | 0.00 | 0.03 | -0.02 |
| Diluted EPS | 0.06 | 0.00 | 0.03 | -0.02 |
| Basic Average Shares | 134.6M | 121.3M | 114.4M | 100.2M |
| Diluted Average Shares | 141.3M | 125.3M | 117.6M | 100.2M |
| Total Unusual Items | -289,000 | -343,000 | 275,000 | -9,000 |
| Total Unusual Items Excluding Goodwill | -289,000 | -343,000 | 275,000 | -9,000 |
| Tax Rate For Calcs | 0.15 | 0.40 | 0.26 | 0.27 |
| Normalized Income | 8.3M | 747,800 | 2.9M | -2.1M |
| Depreciation Amortization Depletion Income Statement | 153,000 | 135,000 | 140,000 | 140,000 |
| Depreciation Income Statement | 153,000 | 135,000 | 140,000 | 140,000 |
| Diluted NI Availto Com Stockholders | 8.1M | 542,000 | 3.1M | -2.1M |
| Net Income Continuous Operations | 8.1M | 542,000 | 3.1M | -2.1M |
| Net Income Discontinuous Operations | -- | -- | -- | 0.00 |
| Net Non Operating Interest Income Expense | -33,000 | -48,000 | -352,000 | 102,000 |
| Other Gand A | 3.9M | 3.6M | 1.9M | 1.9M |
| Reconciled Cost Of Revenue | 39.7M | 33.3M | 27.1M | 5.7M |
| Salaries And Wages | 4.1M | 4.0M | 4.1M | 2.9M |
| Selling And Marketing Expense | 132,000 | 170,000 | 70,000 | 70,000 |
| Total Expenses | 51.4M | 44.0M | 35.4M | 12.9M |
| Total Other Finance Cost | 10,000 | 81,000 | 273,000 | 52,000 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Cash And Cash Equivalents | 27.3M | 2.7M | 11.2M | 24.8M |
| Cash Cash Equivalents And Short Term Investments | 27.3M | 2.7M | 11.2M | 24.8M |
| Cash Financial | 27.3M | 2.7M | 11.2M | 24.8M |
| Accounts Receivable | 3.4M | 3.3M | 2.7M | 1.2M |
| Receivables | 3.6M | 10.1M | 6.4M | 4.6M |
| Inventory | 7.6M | 8.8M | 6.3M | 5.2M |
| Prepaid Assets | -- | -- | -- | 962,000 |
| Other Current Assets | 2.3M | 2.0M | 1.7M | 962,000 |
| Current Assets | 40.8M | 23.5M | 25.6M | 35.5M |
| Gross PPE | 134.6M | 130.4M | 118.9M | 69.7M |
| Accumulated Depreciation | -27.9M | -27.3M | -25.1M | -22.9M |
| Net PPE | 106.7M | 103.2M | 93.9M | 46.7M |
| Investments And Advances | 1.2M | 934,000 | 1.7M | 3.9M |
| Other Non Current Assets | 4,000 | 691,000 | 5,000 | 133,000 |
| Total Non Current Assets | 107.9M | 104.8M | 95.6M | 50.8M |
| Total Assets | 148.7M | 128.3M | 121.2M | 86.3M |
| Current Debt | 166,000 | 164,000 | 4.9M | -- |
| Current Debt And Capital Lease Obligation | 1.6M | 1.8M | 5.9M | 389,000 |
| Accounts Payable | 10.3M | 11.9M | 9.5M | 3.3M |
| Payables | 13.4M | 12.0M | 10.4M | 3.5M |
| Payables And Accrued Expenses | 13.4M | 12.0M | 10.4M | 3.5M |
| Other Current Liabilities | 475,000 | -- | 475,000 | -- |
| Current Liabilities | 15.5M | 13.8M | 16.8M | 3.8M |
| Long Term Debt | 27,000 | 195,000 | -- | -- |
| Long Term Debt And Capital Lease Obligation | 987,000 | 1.6M | 745,000 | 680,000 |
| Long Term Capital Lease Obligation | 960,000 | 1.4M | 745,000 | 680,000 |
| Total Non Current Liabilities Net Minority Interest | 7.8M | 8.5M | 6.4M | 3.9M |
| Total Liabilities Net Minority Interest | 23.3M | 22.3M | 23.2M | 7.8M |
| Common Stock | 163.3M | 151.7M | 145.5M | 130.0M |
| Capital Stock | 163.3M | 151.7M | 145.5M | 130.0M |
| Retained Earnings | -43.3M | -51.4M | -52.0M | -56.0M |
| Treasury Stock | 97,000 | 97,000 | 97,000 | 97,000 |
| Gains Losses Not Affecting Retained Earnings | 5.5M | 5.8M | 4.6M | 4.6M |
| Other Equity Adjustments | 5.5M | 5.8M | 4.6M | 4.6M |
| Common Stock Equity | 125.4M | 106.0M | 98.0M | 78.5M |
| Stockholders Equity | 125.4M | 106.0M | 98.0M | 78.5M |
| Total Equity Gross Minority Interest | 125.4M | 106.0M | 98.0M | 78.5M |
| Total Capitalization | 125.4M | 106.2M | 98.0M | 78.5M |
| Net Tangible Assets | 125.4M | 106.0M | 98.0M | 78.5M |
| Tangible Book Value | 125.4M | 106.0M | 98.0M | 78.5M |
| Working Capital | 25.2M | 9.7M | 8.8M | 31.6M |
| Invested Capital | 125.6M | 106.4M | 102.9M | 78.5M |
| Total Debt | 2.6M | 3.5M | 6.6M | 1.1M |
| Share Issued | 140.6M | 128.7M | 118.3M | 102.2M |
| Ordinary Shares Number | 140.6M | 128.7M | 118.3M | 102.2M |
| Buildings And Improvements | 15.0M | 15.4M | 14.7M | 11.8M |
| Capital Lease Obligations | 2.4M | 3.1M | 1.7M | 1.1M |
| Current Capital Lease Obligation | 1.5M | 1.6M | 971,000 | 389,000 |
| Current Notes Payable | -- | 0.00 | 4.9M | 0.00 |
| Derivative Product Liabilities | -- | -- | 0.00 | 741,000 |
| Duefrom Related Parties Current | 18,000 | 167,000 | 0.00 | -- |
| Dueto Related Parties Current | -- | 0.00 | 28,000 | 163,000 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 1.2M | 934,000 | 1.7M | 3.9M |
| Finished Goods | 1.9M | 2.4M | 1.6M | 2.5M |
| Investmentin Financial Assets | 1.2M | 934,000 | 1.7M | 3.9M |
| Long Term Provisions | 2.1M | 2.2M | 445,000 | 726,000 |
| Machinery Furniture Equipment | 31.2M | 29.0M | 24.8M | 19.5M |
| Non Current Deferred Liabilities | 4.7M | 4.7M | 5.2M | 1.8M |
| Non Current Deferred Taxes Liabilities | 4.7M | 4.7M | 5.2M | 1.8M |
| Other Current Borrowings | 166,000 | 164,000 | -- | -- |
| Raw Materials | 5.8M | 6.4M | 4.6M | 2.7M |
| Taxes Receivable | 195,000 | 6.6M | 3.7M | 3.4M |
| Total Tax Payable | 3.1M | 127,000 | 895,000 | 31,000 |
| Treasury Shares Number | -- | 0.00 | 14,180 | 14,180 |
| Line Item | FY 2024Dec 31, 2024 | FY 2023Dec 31, 2023 | FY 2022Dec 31, 2022 | FY 2021Dec 31, 2021 |
|---|---|---|---|---|
| Operating Cash Flow | 23.1M | 1.5M | 11.8M | 109,000 |
| Cash Flow From Continuing Operating Activities | 23.1M | 1.5M | 11.8M | 109,000 |
| Depreciation Amortization Depletion | 3.4M | 2.9M | 2.2M | 2.1M |
| Stock Based Compensation | 2.0M | 2.3M | 2.0M | 1.5M |
| Deferred Tax | 33,000 | -525,000 | 3.4M | 412,000 |
| Deferred Income Tax | 33,000 | -525,000 | 3.4M | 412,000 |
| Change In Working Capital | 8.0M | -4.8M | 1.0M | -1.5M |
| Changes In Account Receivables | -47,000 | -631,000 | -1.5M | -680,000 |
| Change In Receivables | 6.3M | -3.5M | -1.4M | 1.0M |
| Change In Inventory | 1.1M | -2.9M | -998,000 | -3.7M |
| Change In Payables And Accrued Expense | 1.0M | 1.9M | 4.3M | 1.3M |
| Change In Payable | 1.0M | 1.9M | 4.3M | 1.3M |
| Change In Other Working Capital | -- | -- | -- | -1,000 |
| Change In Other Current Liabilities | -- | -- | -- | 0.00 |
| Other Non Cash Items | 197,000 | 123,000 | 306,000 | 34,000 |
| Capital Expenditure | -4.5M | -7.4M | -7.8M | -1.9M |
| Purchase Of PPE | -4.5M | -7.4M | -7.8M | -1.9M |
| Net PPE Purchase And Sale | -4.5M | -7.4M | -7.8M | -1.9M |
| Purchase Of Business | 0.00 | -5.0M | -15.1M | 0.00 |
| Sale Of Investment | -- | -- | -- | 0.00 |
| Net Investment Purchase And Sale | -- | -- | -- | 0.00 |
| Investing Cash Flow | -6.6M | -13.5M | -24.1M | -3.2M |
| Cash Flow From Continuing Investing Activities | -6.6M | -13.5M | -24.1M | -3.2M |
| Repayment Of Debt | -2.1M | -1.7M | -1.2M | -3.0M |
| Net Issuance Payments Of Debt | -2.1M | -1.7M | -1.2M | -3.0M |
| Issuance Of Capital Stock | 9.1M | 5.2M | 0.00 | 18.1M |
| Net Common Stock Issuance | 9.1M | 5.2M | 0.00 | 18.1M |
| Financing Cash Flow | 8.0M | 3.5M | -1.1M | 16.1M |
| Cash Flow From Continuing Financing Activities | 8.0M | 3.5M | -1.1M | 16.1M |
| Effect Of Exchange Rate Changes | 50,000 | -2,000 | -101,000 | 58,000 |
| Changes In Cash | 24.6M | -8.6M | -13.4M | 13.0M |
| Beginning Cash Position | 2.7M | 11.2M | 24.8M | 11.7M |
| End Cash Position | 27.3M | 2.7M | 11.2M | 24.8M |
| Free Cash Flow | 18.7M | -5.9M | 4.0M | -1.8M |
| Income Tax Paid Supplemental Data | 12,000 | 37,000 | 14,000 | 589,000 |
| Interest Paid Supplemental Data | 238,000 | 227,000 | 92,000 | 92,000 |
| Asset Impairment Charge | 1.1M | 414,000 | 330,000 | 0.00 |
| Cash From Discontinued Investing Activities | -- | -- | -- | 0.00 |
| Change In Account Payable | -1.5M | 2.8M | 3.6M | 1.2M |
| Change In Income Tax Payable | 3.0M | -768,000 | 863,000 | 25,000 |
| Change In Prepaid Assets | -373,000 | -225,000 | -904,000 | -203,000 |
| Change In Tax Payable | 3.0M | -768,000 | 863,000 | 25,000 |
| Common Stock Issuance | 9.1M | 5.2M | 0.00 | 18.1M |
| Gain Loss On Investment Securities | 475,000 | -478,000 | -2.4M | -475,000 |
| Long Term Debt Payments | -2.1M | -1.7M | -1.2M | -3.0M |
| Net Business Purchase And Sale | 0.00 | -5.0M | -15.1M | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -1.1M | 54,000 | -303,000 | -265,000 |
| Net Income From Continuing Operations | 8.1M | 542,000 | 3.1M | -2.1M |
| Net Long Term Debt Issuance | -2.1M | -1.7M | -1.2M | -3.0M |
| Net Other Investing Changes | -2.1M | -1.2M | -1.1M | -1.3M |
| Operating Gains Losses | -599,000 | -424,000 | -2.7M | -740,000 |
| Proceeds From Stock Option Exercised | 986,000 | 0.00 | 30,000 | 1.0M |
| Provisionand Write Offof Assets | 621,000 | 0.00 | -- | -- |
| Unrealized Gain Loss On Investment Securities | 172,000 | 931,000 | 2.1M | 423,000 |