Balance Sheet Avino Silver & Gold Mines Ltd.

Equities

ASM

CA0539061030

Diversified Mining

Market Closed - Toronto S.E. Other stock markets 15:59:11 2024-09-13 EDT			5-day change	1st Jan Change
1.420 ^CAD	+1.43%		+10.94%	+105.80%

08-14	Transcript : Avino Silver & Gold Mines Ltd., Q2 2024 Earnings Call, Aug 14, 2024
08-13	CORRECTED-- Earnings Flash (ASM.TO) AVINO SILVER & GOLD MINES Posts Q2 Adjusted EPS US$0.05	MT

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Published financial data: AVINO SILVER & GOLD MINES LTD.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	31.75M	16.02M	11.23M	44.19M	43.89M
Total Revenues	31.75M	16.02M	11.23M	44.19M	43.89M
Cost of Goods Sold, Total	32.02M	15.83M	7.86M	28.88M	35.66M
Gross Profit	-270K	190K	3.37M	15.31M	8.23M
Selling General & Admin Expenses, Total	3.19M	2.9M	3.57M	5.16M	5.62M
Stock-Based Compensation (IS)	937K	1.86M	1.47M	2.02M	2.27M
Other Operating Expenses	104K	99K	47K	44K	49K
Other Operating Expenses, Total	4.23M	4.86M	5.08M	7.22M	7.94M
Operating Income	-4.5M	-4.67M	-1.71M	8.09M	295K
Interest Expense, Total	-64K	-25K	-24K	-99K	-381K
Interest And Investment Income	545K	332K	178K	20K	414K
Net Interest Expenses	481K	307K	154K	-79K	33K
Income (Loss) On Equity Invest.	-	-	-	-	-
Currency Exchange Gains (Loss)	-663K	-811K	-61K	-17K	110K
Other Non Operating Income (Expenses)	436K	-3.59M	423K	2.12M	397K
EBT, Excl. Unusual Items	-4.25M	-8.77M	-1.2M	10.11M	835K
Gain (Loss) On Sale Of Investments	1.28M	-124K	-423K	-2.1M	-931K
Gain (Loss) On Sale Of Assets	-	-	-	-	-
Asset Writedown	-	-	-	-330K	-414K
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	-2.97M	-8.89M	-1.62M	7.68M	-510K
Income Tax Expense	-633K	-1.41M	439K	4.58M	-1.05M
Earnings From Continuing Operations	-2.34M	-7.48M	-2.06M	3.1M	542K
Earnings Of Discontinued Operations	-29.13M	-169K	-	-	-
Net Income to Company	-31.46M	-7.65M	-2.06M	3.1M	542K
Net Income - (IS)	-31.46M	-7.65M	-2.06M	3.1M	542K
Net Income to Common Incl Extra Items	-31.46M	-7.65M	-2.06M	3.1M	542K
Net Income to Common Excl. Extra Items	-2.34M	-7.48M	-2.06M	3.1M	542K
Per Share Items
Net EPS - Basic	-0.45	-0.09	-0.02	0.03	0
Basic EPS - Continuing Operations	-0.03	-0.09	-0.02	0.03	0
Basic Weighted Average Shares Outstanding	69.98M	83.18M	100M	114M	121M
Net EPS - Diluted	-0.45	-0.09	-0.02	0.03	0
Diluted EPS - Continuing Operations	-0.03	-0.09	-0.02	0.03	0
Diluted Weighted Average Shares Outstanding	69.98M	83.18M	100M	118M	125M
Normalized Basic EPS	-0.04	-0.07	-0.01	0.06	0
Normalized Diluted EPS	-0.04	-0.07	-0.01	0.05	0
Supplemental Items
EBITDA	-677K	-2.65M	452K	10.32M	3.26M
EBITA	-4.4M	-4.57M	-1.66M	8.13M	344K
EBIT	-4.5M	-4.67M	-1.71M	8.09M	295K
EBITDAR	-605K	-2.61M	468K	10.34M	3.29M
Effective Tax Rate - (Ratio)	21.33	15.84	-27.13	59.69	206.27
Current Foreign Taxes	327K	161K	27K	1.14M	-527K
Total Current Taxes	327K	161K	27K	1.14M	-527K
Deferred Foreign Taxes	-960K	-1.57M	412K	3.44M	-525K
Total Deferred Taxes	-960K	-1.57M	412K	3.44M	-525K
Normalized Net Income	-2.66M	-5.48M	-747K	6.32M	522K
Interest on Long-Term Debt	-	-	24K	99K	381K
Supplemental Operating Expense Items
General and Administrative Expenses	3.19M	2.9M	3.57M	5.16M	5.62M
Net Rental Expense, Total	72K	40K	16K	18K	29K
Imputed Operating Lease Interest Expense	4.34K	1.54K	1.48K	3.7K	17.51K
Imputed Operating Lease Depreciation	67.66K	38.46K	14.52K	14.3K	11.49K
Stock-Based Comp., COGS (Total)	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	-	-	-	-	-
Stock-Based Comp., Other (Total)	937K	1.86M	1.47M	2.02M	2.27M
Total Stock-Based Compensation	937K	1.86M	1.47M	2.02M	2.27M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	9.62M	11.71M	24.76M	11.24M	2.69M
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	9.62M	11.71M	24.76M	11.24M	2.69M
Accounts Receivable, Total	1.48M	529K	1.21M	2.67M	3.3M
Other Receivables	5.48M	5.04M	3.36M	3.74M	6.75M
Total Receivables	6.96M	5.57M	4.57M	6.41M	10.05M
Inventory	5.59M	1.66M	5.18M	6.26M	8.83M
Prepaid Expenses	594K	757K	962K	1.67M	1.97M
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	22.77M	19.7M	35.48M	25.58M	23.54M
Gross Property Plant And Equipment	64.09M	65.81M	69.65M	119M	130M
Accumulated Depreciation	-18.6M	-20.91M	-22.92M	-25.08M	-27.25M
Net Property Plant And Equipment	45.48M	44.9M	46.73M	93.86M	103M
Long-term Investments	4.31M	4.18M	3.94M	1.75M	934K
Other Long-Term Assets, Total	4K	4K	133K	5K	691K
Total Assets	72.57M	68.78M	86.28M	121M	128M
Liabilities
Accounts Payable, Total	4.91M	2.07M	3.26M	9.47M	11.87M
Accrued Expenses, Total	156K	154K	56K	-	-
Short-term Borrowings	-	-	-	4.93M	-
Current Portion of Long-Term Debt	3.58M	2.58M	-	-	164K
Current Portion of Leases	692K	208K	389K	971K	1.65M
Current Income Taxes Payable	46K	7K	31K	895K	127K
Unearned Revenue Current, Total	-	-	-	-	-
Other Current Liabilities	178K	-	107K	503K	0
Total Current Liabilities	9.56M	5.02M	3.84M	16.76M	13.81M
Long-Term Debt	2.6M	-	-	-	195K
Long-Term Leases	442K	278K	680K	745K	1.44M
Deferred Tax Liability Non Current	2.94M	1.37M	1.78M	5.22M	4.7M
Other Non Current Liabilities	3.1M	3.1M	1.47M	445K	2.2M
Total Liabilities	18.65M	9.77M	7.77M	23.18M	22.34M
Common Stock, Total	96.4M	108M	130M	146M	152M
Retained Earnings	-47.2M	-54.34M	-55.95M	-52.03M	-51.42M
Treasury Stock	-97K	-97K	-97K	-97K	-97K
Comprehensive Income and Other	4.83M	5.14M	4.6M	4.63M	5.83M
Total Common Equity	53.92M	59.01M	78.51M	98.02M	106M
Total Equity	53.92M	59.01M	78.51M	98.02M	106M
Total Liabilities And Equity	72.57M	68.78M	86.28M	121M	128M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	77.27M	89.55M	102M	119M	130M
ECS Total Common Shares Outstanding	76.59M	89.55M	102M	118M	129M
Book Value / Share	0.7	0.66	0.77	0.83	0.82
Tangible Book Value	53.92M	59.01M	78.51M	98.02M	106M
Tangible Book Value Per Share	0.7	0.66	0.77	0.83	0.82
Total Debt	7.32M	3.07M	1.07M	6.64M	3.45M
Net Debt	-2.3M	-8.64M	-23.7M	-4.6M	766K
Debt Equivalent Oper. Leases	576K	320K	128K	144K	232K
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	2.54M	1.6M	2.71M	4.64M	6.38M
Inventories - Finished Goods, Total	3.06M	64K	2.47M	1.62M	2.45M
Buildings, Total	5.54M	5.94M	5.43M	10.88M	15.37M
Machinery, Total	31.34M	31.35M	40.13M	39.76M	46.58M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	-31.46M	-7.65M	-2.06M	3.1M	542K
Depreciation & Amortization - CF	3.72M	1.92M	2.12M	2.19M	2.92M
Amortization of Goodwill and Intangible Assets - (CF)	104K	99K	47K	44K	49K
Depreciation & Amortization, Total	3.83M	2.02M	2.16M	2.23M	2.97M
(Gain) Loss on Sale of Investments - (CF)	-1.28M	124K	423K	2.1M	931K
Asset Writedown & Restructuring Costs	-	-	-	330K	414K
(Income) Loss On Equity Investments - (CF)	-	-	-	-	-
Stock-Based Compensation (CF)	937K	1.86M	1.47M	2.02M	2.27M
Net Cash From Discontinued Operations	29.13M	-	-	-	-
Other Operating Activities, Total	198K	1.18M	-341K	1M	-875K
Change In Accounts Receivable	2.62M	1.21M	-680K	-1.46M	-631K
Change In Inventories	3.18M	4.15M	-3.66M	-998K	-2.93M
Change In Accounts Payable	-941K	-2.88M	1.24M	3.6M	2.83M
Change in Unearned Revenues	-573K	-	-	-	-
Change In Income Taxes	-314K	401K	1.75M	934K	-3.61M
Change in Other Net Operating Assets	193K	-334K	-196K	-1.03M	-421K
Cash from Operations	5.51M	72K	109K	11.83M	1.49M
Capital Expenditure	-9M	-2.24M	-3.21M	-8.97M	-8.53M
Cash Acquisitions	-	-	-	-15.13M	-5M
Investment in Marketable and Equity Securities, Total	23K	78K	-	-	-
Other Investing Activities, Total	5.24M	-	-	-	-
Cash from Investing	-3.73M	-2.17M	-3.21M	-24.1M	-13.53M
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-2.31M	-4.19M	-3.05M	-1.18M	-1.67M
Total Debt Repaid	-2.31M	-4.19M	-3.05M	-1.18M	-1.67M
Issuance of Common Stock	7.8M	8.39M	19.54M	30K	5.15M
Other Financing Activities, Total	-518K	-	-400K	-	-
Cash from Financing	4.97M	4.2M	16.09M	-1.15M	3.49M
Foreign Exchange Rate Adjustments	-370K	-20K	58K	-101K	-2K
Net Change in Cash	6.37M	2.09M	13.05M	-13.52M	-8.56M
Supplemental Items
Cash Interest Paid	618K	264K	92K	92K	227K
Cash Income Tax Paid (Refund)	2.37M	279K	589K	14K	37K
Levered Free Cash Flow	-2.61M	794K	-2.16M	4.07M	-8.73M
Unlevered Free Cash Flow	-2.57M	810K	-2.14M	4.13M	-8.49M
Change In Net Working Capital	-4.48M	-2.1M	1.5M	-3.79M	5.38M
Net Debt Issued / Repaid	-2.31M	-4.19M	-3.05M	-1.18M	-1.67M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	-3.11	-4.13	-1.38	4.87	0.15
Return on Total Capital	-3.85	-4.73	-1.51	5.49	0.17
Return On Equity %	-3.62	-13.25	-2.99	3.51	0.53
Return on Common Equity	-3.62	-13.25	-2.99	3.51	0.53
Margin Analysis
Gross Profit Margin %	-0.85	1.19	30.02	34.65	18.76
SG&A Margin	10.06	18.11	31.76	11.67	12.8
EBITDA Margin %	-2.13	-16.55	4.03	23.35	7.43
EBITA Margin %	-13.86	-28.52	-14.82	18.4	0.78
EBIT Margin %	-14.19	-29.13	-15.24	18.3	0.67
Income From Continuing Operations Margin %	-7.36	-46.7	-18.32	7.01	1.23
Net Income Margin %	-99.1	-47.75	-18.32	7.01	1.23
Net Avail. For Common Margin %	-7.36	-46.7	-18.32	7.01	1.23
Normalized Net Income Margin	-8.37	-34.2	-6.65	14.3	1.19
Levered Free Cash Flow Margin	-8.22	4.95	-19.22	9.2	-19.89
Unlevered Free Cash Flow Margin	-8.1	5.05	-19.09	9.34	-19.34
Asset Turnover
Asset Turnover	0.35	0.23	0.14	0.43	0.35
Fixed Assets Turnover	0.48	0.35	0.25	0.63	0.45
Receivables Turnover (Average Receivables)	11.4	15.97	12.93	22.78	14.69
Inventory Turnover (Average Inventory)	4.32	4.37	2.3	5.05	4.73
Short Term Liquidity
Current Ratio	2.38	3.92	9.23	1.53	1.7
Quick Ratio	1.73	3.44	7.63	1.05	0.92
Operating Cash Flow to Current Liabilities	0.58	0.01	0.03	0.71	0.11
Days Sales Outstanding (Average Receivables)	32.01	22.91	28.23	16.02	24.85
Days Outstanding Inventory (Average Inventory)	84.49	83.81	158.83	72.3	77.22
Average Days Payable Outstanding	69.41	107.27	85.47	77.55	101.87
Cash Conversion Cycle (Average Days)	47.1	-0.55	101.6	10.78	0.19
Long Term Solvency
Total Debt/Equity	13.57	5.2	1.36	6.78	3.26
Total Debt / Total Capital	11.95	4.95	1.34	6.35	3.16
LT Debt/Equity	5.65	0.47	0.87	0.76	1.55
Long-Term Debt / Total Capital	4.97	0.45	0.85	0.71	1.5
Total Liabilities / Total Assets	25.7	14.21	9.01	19.12	17.41
EBIT / Interest Expense	-70.38	-186.72	-71.29	81.69	0.77
EBITDA / Interest Expense	-10.58	-106.08	18.83	104.21	8.56
(EBITDA - Capex) / Interest Expense	-151.19	-195.88	-114.79	13.64	-13.83
Total Debt / EBITDA	-10.81	-1.16	2.37	0.64	1.06
Net Debt / EBITDA	3.4	3.26	-52.42	-0.45	0.23
Total Debt / (EBITDA - Capex)	-0.76	-0.63	-0.39	4.92	-0.66
Net Debt / (EBITDA - Capex)	0.24	1.76	8.6	-3.41	-0.15
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %