Avino Silver & Gold Mines Ltd.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Total Revenue | 21.0M | 21.8M | 18.8M | 24.4M | 14.6M |
| Operating Revenue | 21.4M | 21.9M | 15.8M | 26.1M | 14.0M |
| Cost Of Revenue | 11.1M | 11.6M | 8.3M | 13.9M | 8.9M |
| Gross Profit | 9.9M | 10.2M | 10.6M | 10.5M | 5.7M |
| Selling General And Administration | 3.0M | 3.3M | 2.4M | 2.1M | 1.9M |
| General And Administrative Expense | 2.9M | 3.2M | 2.4M | 2.1M | 1.9M |
| Depreciation And Amortization In Income Statement | 45,000 | 39,000 | 37,000 | 39,000 | 39,000 |
| Other Operating Expenses | 56,000 | 52,000 | 48,000 | 46,000 | 49,000 |
| Operating Expense | 3.1M | 3.3M | 2.5M | 2.2M | 2.0M |
| Operating Income | 6.9M | 6.9M | 8.0M | 8.3M | 3.7M |
| EBIT | 10.7M | 6.6M | 8.9M | 8.5M | 3.0M |
| Interest Expense | 27,000 | 114,000 | 81,000 | 139,000 | 154,000 |
| Interest Expense Non Operating | 27,000 | 114,000 | 81,000 | 139,000 | 154,000 |
| Interest Income | 342,000 | 170,000 | 163,000 | 287,000 | -- |
| Interest Income Non Operating | 342,000 | 170,000 | 163,000 | 287,000 | -- |
| Net Interest Income | 246,000 | 56,000 | 77,000 | 148,000 | -159,000 |
| Other Income Expense | 3.6M | -424,000 | 750,000 | -97,000 | -719,000 |
| Other Non Operating Income Expenses | -- | -421,000 | -- | -- | -- |
| Special Income Charges | 0.00 | -- | -- | 0.00 | -621,000 |
| Write Off | 0.00 | -- | -- | 0.00 | 621,000 |
| Gain On Sale Of Security | 3.6M | -3,000 | 750,000 | -97,000 | -98,000 |
| Pretax Income | 10.7M | 6.5M | 8.9M | 8.3M | 2.8M |
| Tax Provision | 3.0M | 3.6M | 3.2M | 3.2M | 1.6M |
| Tax Effect Of Unusual Items | 1.0M | -450.00 | 274,306 | -37,627 | -107,850 |
| Net Income From Continuing And Discontinued Operation | 7.7M | 2.9M | 5.6M | 5.1M | 1.2M |
| Net Income From Continuing Operation Net Minority Interest | 7.7M | 2.9M | 5.6M | 5.1M | 1.2M |
| Net Income Including Noncontrolling Interests | 7.7M | 2.9M | 5.6M | 5.1M | 1.2M |
| Net Income Common Stockholders | 7.7M | 2.9M | 5.6M | 5.1M | 1.2M |
| Net Income | 7.7M | 2.9M | 5.6M | 5.1M | 1.2M |
| EBITDA | 11.7M | 7.5M | 9.8M | 9.3M | 3.8M |
| Normalized EBITDA | 8.1M | 7.6M | 9.1M | 9.4M | 4.5M |
| Reconciled Depreciation | 940,000 | 924,000 | 872,000 | 882,000 | 812,000 |
| Basic EPS | 0.05 | 0.02 | 0.04 | 0.04 | 0.01 |
| Diluted EPS | 0.05 | 0.02 | 0.04 | 0.03 | 0.01 |
| Basic Average Shares | 148.0M | 144.1M | 140.9M | 127.3M | 135.1M |
| Diluted Average Shares | 157.1M | 154.1M | 147.8M | 169.7M | 140.4M |
| Total Unusual Items | 3.6M | -3,000 | 750,000 | -97,000 | -719,000 |
| Total Unusual Items Excluding Goodwill | 3.6M | -3,000 | 750,000 | -97,000 | -719,000 |
| Tax Rate For Calcs | 0.28 | 0.15 | 0.37 | 0.39 | 0.15 |
| Normalized Income | 5.1M | 2.9M | 5.1M | 5.2M | 1.8M |
| Depreciation Amortization Depletion Income Statement | 45,000 | 39,000 | 37,000 | 39,000 | 39,000 |
| Depreciation Income Statement | 45,000 | 39,000 | 37,000 | 39,000 | 39,000 |
| Diluted NI Availto Com Stockholders | 7.7M | 2.9M | 5.6M | 5.1M | 1.2M |
| Net Income Continuous Operations | 7.7M | 2.9M | 5.6M | 5.1M | 1.2M |
| Net Non Operating Interest Income Expense | 246,000 | 56,000 | 77,000 | 148,000 | -159,000 |
| Other Gand A | 1.2M | 1.0M | 1.0M | 1.1M | 770,000 |
| Reconciled Cost Of Revenue | 10.2M | 10.7M | 7.4M | 13.1M | 8.1M |
| Salaries And Wages | 1.7M | 2.2M | 1.4M | 954,000 | 1.2M |
| Selling And Marketing Expense | 47,000 | 46,000 | 33,000 | 32,000 | 23,000 |
| Total Expenses | 14.2M | 14.9M | 10.8M | 16.1M | 10.9M |
| Total Other Finance Cost | 69,000 | -- | 5,000 | 0.00 | 5,000 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 57.3M | 37.3M | 26.6M | 27.3M | 7.8M |
| Cash Cash Equivalents And Short Term Investments | 57.3M | 37.3M | 26.6M | 27.3M | 7.8M |
| Cash Financial | 57.3M | 37.3M | 26.6M | 27.3M | 7.8M |
| Accounts Receivable | 4.8M | 6.5M | 5.9M | 3.4M | 3.0M |
| Receivables | 6.1M | 7.4M | 6.6M | 3.6M | 6.5M |
| Inventory | 12.0M | 10.5M | 9.9M | 7.6M | 10.9M |
| Other Current Assets | 2.7M | 2.6M | 3.1M | 2.3M | 2.4M |
| Current Assets | 79.7M | 59.2M | 46.2M | 40.8M | 27.6M |
| Gross PPE | 166.0M | 141.3M | 137.0M | 134.6M | 134.5M |
| Accumulated Depreciation | -29.7M | -29.6M | -28.8M | -27.9M | -28.2M |
| Net PPE | 136.3M | 111.7M | 108.2M | 106.7M | 106.3M |
| Investments And Advances | 3.6M | 1.7M | 1.7M | 1.2M | 1.5M |
| Other Non Current Assets | 2.3M | 2.1M | 1.6M | 4,000 | 4,000 |
| Total Non Current Assets | 142.1M | 115.5M | 111.5M | 107.9M | 107.8M |
| Total Assets | 221.9M | 174.7M | 157.7M | 148.7M | 135.4M |
| Current Debt | 242,000 | 284,000 | 325,000 | 166,000 | 165,000 |
| Current Debt And Capital Lease Obligation | 2.5M | 3.0M | 2.5M | 1.6M | 1.7M |
| Accounts Payable | 12.8M | 12.2M | 10.1M | 10.3M | 9.2M |
| Payables | 18.2M | 15.6M | 12.3M | 13.4M | 10.0M |
| Payables And Accrued Expenses | 18.2M | 15.6M | 12.3M | 13.4M | 10.0M |
| Other Current Liabilities | -- | -- | 70,000 | 475,000 | -- |
| Current Liabilities | 29.0M | 18.5M | 14.8M | 15.5M | 11.7M |
| Long Term Debt | 231,000 | 274,000 | 317,000 | 27,000 | 69,000 |
| Long Term Debt And Capital Lease Obligation | 2.1M | 2.5M | 2.5M | 987,000 | 1.4M |
| Long Term Capital Lease Obligation | 1.9M | 2.2M | 2.2M | 960,000 | 1.4M |
| Total Non Current Liabilities Net Minority Interest | 10.8M | 11.4M | 10.6M | 7.8M | 9.2M |
| Total Liabilities Net Minority Interest | 39.7M | 29.9M | 25.4M | 23.3M | 20.9M |
| Common Stock | 203.4M | 173.5M | 165.0M | 163.3M | 156.9M |
| Capital Stock | 203.4M | 173.5M | 165.0M | 163.3M | 156.9M |
| Retained Earnings | -27.1M | -34.8M | -37.7M | -43.3M | -48.4M |
| Treasury Stock | 97,000 | 97,000 | 97,000 | 97,000 | 97,000 |
| Gains Losses Not Affecting Retained Earnings | 5.9M | 6.2M | 5.1M | 5.5M | 6.1M |
| Other Equity Adjustments | 5.9M | 6.2M | 5.1M | 5.5M | 6.1M |
| Common Stock Equity | 182.1M | 144.8M | 132.3M | 125.4M | 114.5M |
| Stockholders Equity | 182.1M | 144.8M | 132.3M | 125.4M | 114.5M |
| Total Equity Gross Minority Interest | 182.1M | 144.8M | 132.3M | 125.4M | 114.5M |
| Total Capitalization | 182.4M | 145.0M | 132.6M | 125.4M | 114.6M |
| Net Tangible Assets | 182.1M | 144.8M | 132.3M | 125.4M | 114.5M |
| Tangible Book Value | 182.1M | 144.8M | 132.3M | 125.4M | 114.5M |
| Working Capital | 50.8M | 40.6M | 31.3M | 25.2M | 15.9M |
| Invested Capital | 182.6M | 145.3M | 132.9M | 125.6M | 114.7M |
| Total Debt | 4.7M | 5.4M | 5.0M | 2.6M | 3.1M |
| Share Issued | 154.4M | 146.6M | 141.7M | 140.6M | 135.5M |
| Ordinary Shares Number | 154.4M | 146.6M | 141.7M | 140.6M | 135.5M |
| Buildings And Improvements | 15.6M | 15.5M | 15.2M | 15.0M | 15.2M |
| Capital Lease Obligations | 4.2M | 4.9M | 4.4M | 2.4M | 2.9M |
| Current Capital Lease Obligation | 2.3M | 2.7M | 2.2M | 1.5M | 1.6M |
| Current Deferred Liabilities | 8.2M | -- | -- | -- | -- |
| Duefrom Related Parties Current | 210,000 | 166,000 | 146,000 | 18,000 | 0.00 |
| Dueto Related Parties Current | -- | -- | -- | -- | 61,000 |
| Financial Assets Designatedas Fair Value Through Profitor Loss Total | 3.6M | 1.7M | 1.7M | 1.2M | 1.5M |
| Finished Goods | 3.4M | 3.1M | 3.4M | 1.9M | 4.3M |
| Hedging Assets Current | 1.5M | 1.4M | -- | -- | -- |
| Investmentin Financial Assets | 3.6M | 1.7M | 1.7M | 1.2M | 1.5M |
| Long Term Provisions | 2.5M | 2.4M | 2.1M | 2.1M | 2.0M |
| Machinery Furniture Equipment | 33.5M | 32.3M | 31.5M | 31.2M | 31.1M |
| Non Current Deferred Liabilities | 6.2M | 6.5M | 5.9M | 4.7M | 5.8M |
| Non Current Deferred Taxes Liabilities | 6.2M | 6.5M | 5.9M | 4.7M | 5.8M |
| Other Current Borrowings | 242,000 | 284,000 | 325,000 | 166,000 | 165,000 |
| Raw Materials | 8.6M | 7.5M | 6.4M | 5.8M | 6.5M |
| Taxes Receivable | 1.1M | 704,000 | 549,000 | 195,000 | 3.5M |
| Total Tax Payable | 5.5M | 3.4M | 2.2M | 3.1M | 656,000 |
| Line Item | Q3 2025Sep 30, 2025 | Q2 2025Jun 30, 2025 | Q1 2025Mar 31, 2025 | Q4 2024Dec 31, 2024 | Q3 2024Sep 30, 2024 |
|---|---|---|---|---|---|
| Operating Cash Flow | 8.3M | 8.3M | 758,000 | 15.6M | 4.1M |
| Cash Flow From Continuing Operating Activities | 8.3M | 8.3M | 758,000 | 15.6M | 4.1M |
| Depreciation Amortization Depletion | 940,000 | 924,000 | 872,000 | 882,000 | 812,000 |
| Stock Based Compensation | 1.2M | 1.3M | 362,000 | 434,000 | 530,000 |
| Deferred Tax | -329,000 | 586,000 | 1.2M | -1.0M | 369,000 |
| Deferred Income Tax | -329,000 | 586,000 | 1.2M | -1.0M | 369,000 |
| Change In Working Capital | 1.0M | 2.1M | -6.6M | 9.6M | 188,000 |
| Changes In Account Receivables | 1.7M | -610,000 | -2.5M | -320,000 | 151,000 |
| Change In Receivables | 1.3M | -764,000 | -2.9M | 3.0M | 1.7M |
| Change In Inventory | -1.7M | -648,000 | -2.2M | 3.1M | -950,000 |
| Change In Payables And Accrued Expense | 2.3M | 2.9M | -716,000 | 3.5M | -554,000 |
| Change In Payable | 2.3M | 2.9M | -716,000 | 3.5M | -554,000 |
| Other Non Cash Items | 124,000 | 473,000 | 48,000 | 46,000 | 49,000 |
| Capital Expenditure | -17.0M | -3.9M | -1.4M | -1.3M | -1.4M |
| Purchase Of PPE | -17.0M | -3.9M | -1.4M | -1.3M | -1.4M |
| Net PPE Purchase And Sale | -17.0M | -3.9M | -1.4M | -1.3M | -1.4M |
| Purchase Of Business | -- | -- | -- | 0.00 | 0.00 |
| Investing Cash Flow | -17.1M | -4.0M | -1.8M | -1.5M | -1.8M |
| Cash Flow From Continuing Investing Activities | -17.1M | -4.0M | -1.8M | -1.5M | -1.8M |
| Repayment Of Debt | -787,000 | -595,000 | -466,000 | -578,000 | -488,000 |
| Net Issuance Payments Of Debt | -787,000 | -595,000 | -466,000 | -578,000 | -488,000 |
| Issuance Of Capital Stock | 29.0M | 6.8M | 182,000 | 5.5M | 251,000 |
| Net Common Stock Issuance | 29.0M | 6.8M | 182,000 | 5.5M | 251,000 |
| Financing Cash Flow | 28.8M | 6.3M | 350,000 | 5.5M | 76,000 |
| Cash Flow From Continuing Financing Activities | 28.8M | 6.3M | 350,000 | 5.5M | 76,000 |
| Effect Of Exchange Rate Changes | 21,000 | -22,000 | -2,000 | 17,000 | -1,000 |
| Changes In Cash | 20.0M | 10.7M | -688,000 | 19.5M | 2.5M |
| Beginning Cash Position | 37.3M | 26.6M | 27.3M | 7.8M | 5.3M |
| End Cash Position | 57.3M | 37.3M | 26.6M | 27.3M | 7.8M |
| Free Cash Flow | -8.6M | 4.4M | -628,000 | 14.2M | 2.8M |
| Income Tax Paid Supplemental Data | 1.5M | 2.1M | 1.5M | -1,000 | 0.00 |
| Interest Paid Supplemental Data | 104,000 | 68,000 | 68,000 | 51,000 | 64,000 |
| Asset Impairment Charge | 249,000 | 163,000 | 1,000 | 578,000 | 182,000 |
| Change In Account Payable | 272,000 | 1.7M | 352,000 | 1.1M | -679,000 |
| Change In Income Tax Payable | 2.1M | 1.2M | -941,000 | 2.5M | 360,000 |
| Change In Prepaid Assets | -825,000 | 558,000 | -815,000 | 59,000 | -15,000 |
| Change In Tax Payable | 2.1M | 1.2M | -941,000 | 2.5M | 360,000 |
| Common Stock Issuance | 29.0M | 6.8M | 182,000 | 5.5M | 251,000 |
| Gain Loss On Investment Securities | -2.5M | -1.4M | -849,000 | 562,000 | 268,000 |
| Long Term Debt Payments | -787,000 | -595,000 | -466,000 | -578,000 | -488,000 |
| Net Business Purchase And Sale | -- | -- | -- | 0.00 | 0.00 |
| Net Foreign Currency Exchange Gain Loss | -101,000 | 1.4M | 103,000 | -791,000 | -40,000 |
| Net Income From Continuing Operations | 7.7M | 2.9M | 5.6M | 5.1M | 1.2M |
| Net Long Term Debt Issuance | -787,000 | -595,000 | -466,000 | -578,000 | -488,000 |
| Net Other Investing Changes | -117,000 | -41,000 | -410,000 | -185,000 | -386,000 |
| Operating Gains Losses | -2.6M | -61,000 | -746,000 | -229,000 | 228,000 |
| Proceeds From Stock Option Exercised | 561,000 | 123,000 | 634,000 | 614,000 | 313,000 |
| Provisionand Write Offof Assets | -- | -- | -- | 0.00 | -- |