Avalon Advanced Materials Inc.
Financial Statements (IFRS) · Amounts in CAD
Income Statement
Balance Sheet
Cash Flow
| Line Item | FY 2025Aug 31, 2025 | FY 2024Aug 31, 2024 | FY 2023Aug 31, 2023 | FY 2022Aug 31, 2022 | FY 2021Aug 31, 2021 |
|---|---|---|---|---|---|
| Total Revenue | 49,940 | 109,832 | 124,258 | 21,766 | -- |
| Operating Revenue | 49,940 | 109,832 | 124,258 | 21,766 | -- |
| Cost Of Revenue | 266,007 | 258,872 | 231,662 | 169,028 | -- |
| Gross Profit | -216,067 | -149,040 | -107,404 | -147,262 | -- |
| Selling General And Administration | 2.5M | 4.5M | 3.7M | 2.8M | -- |
| General And Administrative Expense | 2.3M | 4.2M | 2.7M | 2.2M | -- |
| Other Operating Expenses | 821,006 | 1.2M | 90,287 | 53,210 | -- |
| Operating Expense | 3.3M | 5.8M | 3.8M | 2.8M | -- |
| Operating Income | -3.5M | -5.9M | -3.9M | -3.0M | -- |
| EBIT | -4.1M | -8,195 | -4.0M | -4.0M | -- |
| Interest Expense | 1.1M | 637,055 | 67,958 | 30,069 | -- |
| Interest Expense Non Operating | 1.1M | 637,055 | 67,958 | 30,069 | -- |
| Net Interest Income | -1.1M | -637,055 | -67,958 | -30,069 | -- |
| Other Income Expense | -570,535 | 5.9M | -111,806 | -1.0M | -- |
| Special Income Charges | -533,727 | 5.8M | -437,250 | 0.00 | -- |
| Restructuring And Mergern Acquisition | -- | 0.00 | 419,200 | -- | -- |
| Gain On Sale Of Security | 301.00 | 197,486 | 325,444 | -1.0M | -- |
| Earnings From Equity Interest | -37,109 | -130,059 | 0.00 | -- | -- |
| Pretax Income | -5.2M | -645,250 | -4.1M | -4.0M | -- |
| Tax Provision | 0.00 | -10,674 | -742,921 | -96,690 | -- |
| Tax Effect Of Unusual Items | 0.00 | 99,974 | -20,459 | -24,352 | -- |
| Net Income From Continuing And Discontinued Operation | -5.2M | -634,576 | -3.3M | -3.9M | -- |
| Net Income From Continuing Operation Net Minority Interest | -5.2M | -634,576 | -3.3M | -3.9M | -- |
| Net Income Including Noncontrolling Interests | -5.2M | -634,576 | -3.3M | -3.9M | -- |
| Net Income Common Stockholders | -5.2M | -634,576 | -3.3M | -3.9M | -- |
| Net Income | -5.2M | -634,576 | -3.3M | -3.9M | -- |
| EBITDA | -4.1M | -8,195 | -4.0M | -4.0M | -- |
| Normalized EBITDA | -3.5M | -6.1M | -3.9M | -3.0M | -- |
| Basic EPS | -0.01 | -0.00 | -0.01 | -0.01 | -- |
| Diluted EPS | -0.01 | -0.00 | -0.01 | -0.01 | -- |
| Basic Average Shares | 609.4M | 563.4M | 456.1M | 388.5M | -- |
| Diluted Average Shares | 609.4M | 563.4M | 456.1M | 388.5M | -- |
| Total Unusual Items | -533,426 | 6.0M | -111,806 | -1.0M | -- |
| Total Unusual Items Excluding Goodwill | -533,426 | 6.0M | -111,806 | -1.0M | -- |
| Tax Rate For Calcs | 0.00 | 0.02 | 0.18 | 0.02 | -- |
| Normalized Income | -4.7M | -6.6M | -3.2M | -3.0M | -- |
| Diluted NI Availto Com Stockholders | -5.2M | -634,576 | -3.3M | -3.9M | -- |
| Gain On Sale Of Ppe | 0.00 | 5.8M | 0.00 | -- | 0.00 |
| Impairment Of Capital Assets | -- | 0.00 | 18,050 | 0.00 | 0.00 |
| Insurance And Claims | -- | -- | -- | 634,630 | 257,615 |
| Net Income Continuous Operations | -5.2M | -634,576 | -3.3M | -3.9M | -- |
| Net Non Operating Interest Income Expense | -1.1M | -637,055 | -67,958 | -30,069 | -- |
| Other Gand A | 609,942 | 1.2M | 736,619 | 483,792 | -- |
| Other Special Charges | 533,727 | -29,487 | 419,200 | -- | -- |
| Reconciled Cost Of Revenue | 266,007 | 258,872 | 231,662 | 169,028 | -- |
| Salaries And Wages | 1.7M | 3.0M | 1.9M | 1.7M | -- |
| Selling And Marketing Expense | 194,367 | 381,502 | 1.0M | 634,630 | -- |
| Total Expenses | 3.5M | 6.0M | 4.0M | 3.0M | -- |
| Line Item | FY 2025Aug 31, 2025 | FY 2024Aug 31, 2024 | FY 2023Aug 31, 2023 | FY 2022Aug 31, 2022 | FY 2021Aug 31, 2021 |
|---|---|---|---|---|---|
| Cash And Cash Equivalents | 1.5M | 712,306 | 2.6M | 3.0M | -- |
| Cash Cash Equivalents And Short Term Investments | 1.5M | 712,306 | 2.6M | 3.0M | -- |
| Cash Equivalents | 95,161 | 132,374 | 1.6M | 2.1M | -- |
| Cash Financial | 1.4M | 579,932 | 944,184 | 895,819 | -- |
| Receivables | 76,343 | 49,115 | 146,802 | 46,304 | -- |
| Prepaid Assets | 223,587 | 130,389 | 360,114 | 979,906 | -- |
| Current Assets | 1.8M | 891,810 | 20.0M | 4.1M | -- |
| Gross PPE | 113.2M | 112.8M | 112.8M | 118.3M | -- |
| Accumulated Depreciation | -1.1M | -873,349 | -1.7M | -1.9M | -- |
| Net PPE | 112.1M | 111.9M | 111.1M | 116.4M | -- |
| Investments And Advances | 22.7M | 22.7M | 0.00 | -- | -- |
| Long Term Equity Investment | 22.7M | 22.7M | 0.00 | -- | -- |
| Total Non Current Assets | 135.5M | 135.5M | 111.1M | 116.4M | -- |
| Total Assets | 137.2M | 136.4M | 131.1M | 120.4M | -- |
| Current Debt | 2.7M | 6.2M | -- | 460,000 | -- |
| Current Debt And Capital Lease Obligation | 2.9M | 6.3M | 224,295 | 669,075 | -- |
| Accounts Payable | 460,662 | 458,446 | 459,022 | 186,685 | -- |
| Payables | 460,662 | 458,446 | 459,022 | 186,685 | -- |
| Payables And Accrued Expenses | 1.4M | 1.5M | 1.1M | 598,753 | -- |
| Current Accrued Expenses | 916,743 | 1.0M | 666,954 | 412,068 | -- |
| Other Current Liabilities | 336.00 | 637.00 | -- | -- | -- |
| Current Liabilities | 4.3M | 7.8M | 1.4M | 1.4M | -- |
| Long Term Debt | 7.2M | 3.0M | 3.0M | 3.6M | -- |
| Long Term Debt And Capital Lease Obligation | 7.7M | 707,296 | 3.1M | 3.9M | -- |
| Long Term Capital Lease Obligation | 509,637 | 707,296 | 62,718 | 287,012 | -- |
| Total Non Current Liabilities Net Minority Interest | 7.9M | 910,896 | 3.5M | 4.7M | -- |
| Total Liabilities Net Minority Interest | 12.2M | 8.8M | 4.9M | 6.1M | -- |
| Common Stock | 203.9M | 201.5M | 200.6M | 186.0M | -- |
| Capital Stock | 203.9M | 201.5M | 200.6M | 186.0M | -- |
| Retained Earnings | -103.6M | -98.4M | -97.8M | -94.5M | -- |
| Common Stock Equity | 125.0M | 127.6M | 126.1M | 114.3M | -- |
| Stockholders Equity | 125.0M | 127.6M | 126.1M | 114.3M | -- |
| Total Equity Gross Minority Interest | 125.0M | 127.6M | 126.1M | 114.3M | -- |
| Total Capitalization | 132.2M | 127.6M | 129.2M | 117.9M | -- |
| Net Tangible Assets | 125.0M | 127.6M | 126.1M | 114.3M | -- |
| Tangible Book Value | 125.0M | 127.6M | 126.1M | 114.3M | -- |
| Working Capital | -2.5M | -7.0M | 18.6M | 2.6M | -- |
| Invested Capital | 134.9M | 133.8M | 129.2M | 118.4M | -- |
| Total Debt | 10.6M | 7.1M | 3.3M | 4.6M | -- |
| Net Debt | 8.4M | 5.5M | 427,868 | 1.0M | -- |
| Share Issued | 644.5M | 571.8M | 560.4M | 417.5M | -- |
| Ordinary Shares Number | 644.5M | 571.8M | 560.4M | 417.5M | -- |
| Assets Held For Sale Current | -- | 0.00 | 16.9M | 0.00 | -- |
| Capital Lease Obligations | 707,296 | 844,330 | 287,013 | 496,087 | -- |
| Current Capital Lease Obligation | 197,659 | 137,034 | 224,295 | 209,075 | -- |
| Current Deferred Liabilities | -- | 0.00 | 10,674 | 177,999 | 36,269 |
| Derivative Product Liabilities | -- | 637.00 | 198,123 | 523,567 | 220,754 |
| Investmentsin Associatesat Cost | 22.7M | 22.7M | 0.00 | -- | -- |
| Land And Improvements | 7.8M | 7.8M | 7.8M | 94,605 | -- |
| Leases | 178,868 | 178,868 | 106,754 | 106,754 | -- |
| Long Term Provisions | 203,600 | 203,600 | 278,600 | 278,600 | -- |
| Machinery Furniture Equipment | 2.9M | 2.9M | 2.9M | 1.9M | -- |
| Non Current Deferred Assets | 726,073 | 887,379 | 0.00 | -- | -- |
| Other Current Borrowings | 2.7M | 6.2M | -- | 460,000 | -- |
| Other Equity Interest | 24.8M | 24.6M | 23.4M | 22.8M | -- |
| Other Properties | -- | -- | -- | 646,860 | 646,860 |
| Other Receivables | 76,343 | 49,115 | 146,802 | 46,304 | -- |
| Properties | -- | -- | -- | -- | 115.5M |
| Line Item | FY 2025Aug 31, 2025 | FY 2024Aug 31, 2024 | FY 2023Aug 31, 2023 | FY 2022Aug 31, 2022 | FY 2021Aug 31, 2021 |
|---|---|---|---|---|---|
| Capital Expenditure | -440,302 | -475,020 | -11.5M | -859,936 | -- |
| Purchase Of PPE | -440,302 | -475,020 | -11.5M | -859,936 | -- |
| Net PPE Purchase And Sale | -440,302 | -320,465 | -11.5M | -859,936 | -- |
| Purchase Of Business | -- | -- | -- | 0.00 | -200,000 |
| Investing Cash Flow | -440,302 | -537,588 | -11.6M | -859,936 | -- |
| Cash Flow From Continuing Investing Activities | -440,302 | -537,588 | -11.6M | -859,936 | -- |
| Issuance Of Debt | 4.6M | 2.6M | 3.0M | 2.9M | -- |
| Repayment Of Debt | -191,822 | -245,405 | -1.4M | -123,934 | -- |
| Net Issuance Payments Of Debt | 4.4M | 2.3M | 1.5M | 2.8M | -- |
| Issuance Of Capital Stock | 310,825 | 403,416 | 12.0M | 1.3M | -- |
| Repurchase Of Capital Stock | -- | -- | -- | 0.00 | -200,750 |
| Net Common Stock Issuance | 310,825 | 403,416 | 12.0M | 1.3M | -- |
| Common Stock Payments | -- | -- | -- | 0.00 | -200,750 |
| Financing Cash Flow | 4.8M | 2.7M | 13.8M | 4.5M | -- |
| Cash Flow From Continuing Financing Activities | 4.8M | 2.7M | 13.8M | 4.5M | -- |
| Effect Of Exchange Rate Changes | -- | -- | -- | 0.00 | -3,663 |
| Changes In Cash | 741,566 | -1.9M | -449,930 | 1.2M | -- |
| Beginning Cash Position | 712,306 | 2.6M | 3.0M | 1.8M | -- |
| End Cash Position | 1.5M | 712,306 | 2.6M | 3.0M | -- |
| Free Cash Flow | -4.0M | -4.6M | -14.2M | -3.3M | -- |
| Cash Flowsfromusedin Operating Activities Direct | -3.6M | -4.1M | -2.6M | -2.5M | -- |
| Classesof Cash Payments | -3.6M | -4.2M | -2.8M | -2.5M | -- |
| Classesof Cash Receiptsfrom Operating Activities | -- | 36,000 | 63,000 | -- | 9,935 |
| Common Stock Issuance | 310,825 | 403,416 | 12.0M | 1.3M | -- |
| Interest Received Direct | 49,940 | 55,832 | 79,258 | 21,766 | -- |
| Long Term Debt Issuance | 4.6M | 2.6M | 3.0M | 2.9M | -- |
| Long Term Debt Payments | -191,822 | -245,405 | -1.4M | -123,934 | -- |
| Net Business Purchase And Sale | -- | -- | -- | 0.00 | -200,000 |
| Net Long Term Debt Issuance | 4.4M | 2.3M | 1.5M | 2.8M | -- |
| Net Other Investing Changes | -- | -217,123 | -64,628 | -- | -- |
| Other Cash Receiptsfrom Operating Activities | -- | 36,000 | 63,000 | -- | -- |
| Paymentson Behalfof Employees | -2.1M | -2.1M | -1.3M | -1.2M | -- |
| Paymentsto Suppliersfor Goodsand Services | -1.5M | -2.1M | -1.4M | -1.3M | -- |
| Proceeds From Stock Option Exercised | -- | 0.00 | 289,800 | 484,550 | 863,825 |
| Receiptsfrom Customers | -- | -- | -- | 0.00 | 9,935 |
| Sale Of PPE | 0.00 | 154,555 | 0.00 | -- | 0.00 |