Avino Silver & Gold Mines Ltd (ASM) financial statements: income statement, balance sheet and cash flow

Avino Silver & Gold Mines Ltd's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Avino Silver & Gold Mines Ltd reported revenue of $92.2M (+39.4% year on year) and net income of $26.6M (+228.9% year on year).

Income statement

Avino Silver & Gold Mines Ltd income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Revenue from mining operations	$92.2M	$66.2M	$43.9M	$44.2M
Cost of Revenue	$43.7M	$43.0M	$36.1M	$29.1M
Mine operating income	$48.5M	$23.2M	$7.8M	$15.1M
Selling, General and Administrative Expense	$8.7M	$6.2M	$5.6M	$5.2M
Share-based payments	$3.7M	$2.0M	$2.3M	$2.0M
Income (loss) before other items	$36.1M	$14.9M	($70.0K)	$7.9M
Interest and other income	$1.4M	$364.0K	$414.0K	$20.0K
Loss on long-term investments	$2.8M	($172.0K)	($931.0K)	($2.1M)
Unrealized gain (loss) on derivatives	$1.8M	($475.0K)	—	—
Foreign exchange gain (loss)	($705.0K)	$979.0K	$110.0K	—
Finance cost	($247.0K)	($10.0K)	($81.0K)	($273.0K)
Accretion of reclamation provision	($204.0K)	($197.0K)	($49.0K)	($44.0K)
Interest expense	($316.0K)	($387.0K)	($381.0K)	($99.0K)
Other expenses	($417.0K)	—	—	—
Loss on sale of mineral properties	($304.0K)	—	—	—
Write-down of uncollectible account	$0	($621.0K)	—	—
Income (loss) before income taxes	$39.9M	$14.4M	($510.0K)	$7.7M
Current income tax (expense) recovery	($11.6M)	($6.3M)	—	—
Deferred income tax (expense) recovery	($1.7M)	($33.0K)	$525.0K	—
Income tax expense	($13.3M)	($6.3M)	—	—
Net income	$26.6M	$8.1M	$542.0K	$3.1M
Currency translation differences	$1.8M	($827.0K)	$15.0K	($254.0K)
Total comprehensive income	$28.4M	$7.3M	$557.0K	$2.8M
Basic	$0.18	$0.06	$0.00	—
Earnings Per Share (Diluted)	$0.17	$0.06	$0.00	$0.03
Basic	147.7B	134.6B	121.3M	114.4B
Diluted	157.8B	141.3B	125.3M	117.6B

Avino Silver & Gold Mines Ltd income statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Revenue from mining operations	$66.2M	$39.4M	—	—
Cost of Revenue	$29.8M	$16.0M	$31.0M	$19.9M
Mine operating income	$36.4M	$23.4M	$30.7M	$20.8M
General and administrative expenses	$5.3M	$3.0M	—	—
Share-based payments	$2.3M	$875.0K	$2.8M	$1.7M
Income before other items	$28.7M	$19.6M	$61.7M	$40.6M
Interest and other income	$2.1M	$926.0K	$675.0K	$333.0K
Gain (loss) on long-term investments	($438.0K)	$556.0K	$2.7M	$363.0K
Unrealized gain (loss) on derivatives	($684.0K)	($1.1M)	—	—
Foreign exchange gain (loss)	$5.7M	$3.2M	($391.0K)	($1.5M)
Finance cost	$331.0K	($165.0K)	($78.0K)	($9.0K)
Accretion of reclamation provision	$134.0K	($65.0K)	($156.0K)	($100.0K)
Interest expense	($244.0K)	($122.0K)	($218.0K)	($191.0K)
Other expenses	$0	—	($421.0K)	($421.0K)
Income before income taxes	$34.6M	$22.8M	$26.1M	$15.4M
Current Income Tax Expense	($11.3M)	($6.9M)	($8.4M)	($5.1M)
Deferred Income Tax Expense	$3.5M	$40.0K	($1.5M)	($1.8M)
Income tax expense	($7.8M)	($6.9M)	($9.9M)	($6.9M)
Net income	$26.8M	$15.9M	$16.2M	$8.5M
Foreign Currency Translation Adjustments	($5.4M)	($2.4M)	$439.0K	—
Total comprehensive income	$21.4M	$13.5M	$16.6M	$10.0M
Earnings Per Share (Basic)	$0.16	$0.10	$0.11	$0.06
Earnings Per Share (Diluted)	$0.15	$0.09	$0.10	$0.06
Basic	168.3B	166.5B	144.7M	142.2M
Diluted	174.0B	173.6B	154.7M	151.9M

Balance sheet

Avino Silver & Gold Mines Ltd balance sheet, fiscal years

Line item	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY	Dec 31, 2021 · FY
Cash and Cash Equivalents	$27.3M	$2.7M	$11.2M	$24.8M
Amounts Receivable	$3.4M	$3.3M	$2.7M	$1.2M
Amounts due from related parties	$18.0K	$167.0K	—	—
Taxes recoverable	$195.0K	$6.6M	$3.7M	$3.4M
Prepaid Expenses	$2.3M	$2.0M	$1.7M	$962.0K
Inventory	$7.6M	$8.8M	$6.3M	$5.2M
Total current assets	$40.8M	$23.5M	$25.6M	$35.5M
Exploration and evaluation assets	$52.9M	$50.1M	$49.8M	$11.1M
Property, Plant and Equipment	$53.8M	$53.1M	$44.1M	$35.7M
Long-term Investments	$1.2M	$934.0K	$1.7M	$3.9M
Other assets	$4.0K	$691.0K	$5.0K	$133.0K
Total assets	$148.7M	$128.3M	$121.2M	$86.3M
Accounts Payable And Accrued Liabilities	$10.3M	$11.9M	$9.5M	$3.3M
Taxes Payable	$3.1M	$127.0K	$895.0K	$31.0K
Derivative liability	$475.0K	—	—	—
Current portion of finance lease obligations	$1.5M	$1.6M	$971.0K	$389.0K
Current portion of equipment loans	$166.0K	$164.0K	—	$0
Total current liabilities	$15.5M	$13.8M	$16.8M	$3.8M
Finance lease obligations	$960.0K	$1.4M	$745.0K	$680.0K
Equipment loans	$27.0K	$195.0K	—	—
Reclamation provision	$2.1M	$2.2M	$445.0K	$726.0K
Deferred Tax Liabilities, Non-Current	$4.7M	$4.7M	$5.2M	$1.8M
Total liabilities	$23.3M	$22.3M	$23.2M	$7.8M
Total Stockholders' Equity	$163.3M	$151.7M	$145.5M	$130.0M
Equity reserves	$11.5M	$11.0M	$9.9M	$9.6M
Treasury shares	-97.0K	-97.0K	-97.0K	-97.0K
Accumulated other comprehensive loss	($6.0M)	($5.2M)	($5.2M)	($5.0M)
Retained Earnings	($43.3M)	($51.4M)	($52.0M)	($56.0M)
Total equity	$125.4M	$106.0M	$98.0M	$78.5M
Total liabilities and equity	$148.7M	$128.3M	$121.2M	$86.3M

Avino Silver & Gold Mines Ltd balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025
Cash and Cash Equivalents	$144.8M	$138.6M	$101.7M	$57.3M
Amounts receivable	$2.0M	$12.1M	$12.0M	$4.8M
Amounts due from related parties	$141.0K	$146.0K	$141.0K	$210.0K
Taxes recoverable	$2.3M	$1.5M	$1.8M	$1.1M
Derivative asset	$630.0K	$190.0K	$1.3M	$1.5M
Prepaid Expenses	$4.0M	$3.5M	$2.9M	$2.7M
Inventory	$15.9M	$12.8M	$12.2M	$12.0M
Total current assets	$169.8M	$169.0M	$132.1M	$79.7M
Exploration and evaluation assets	$15.8M	$15.7M	$15.7M	$16.2M
Property, Plant and Equipment	$131.9M	$128.1M	$125.4M	$120.0M
Long-term investments	$3.2M	$4.2M	$4.2M	$3.6M
Other Non-Current Assets	$1.8M	$1.7M	—	—
Total assets	$322.5M	$318.8M	$279.0M	$221.9M
Accounts payable and accrued liabilities	$11.2M	$12.0M	$14.2M	$12.8M
Taxes Payable	$5.5M	$5.3M	$7.1M	$5.5M
Deferred consideration payable	$8.7M	$8.5M	$8.3M	$8.2M
Current portion of finance lease obligations	$2.8M	$3.1M	$2.6M	$2.3M
Current portion of equipment loans	$848.0K	$399.0K	$201.0K	$242.0K
Total current liabilities	$29.0M	$29.3M	$32.5M	$29.0M
Finance lease obligations	$3.8M	$4.5M	$3.0M	$1.9M
Long-Term Debt	$1.1M	$366.0K	—	—
Reclamation provision	$3.1M	$3.0M	$2.9M	$2.5M
Deferred Tax Liabilities, Non-Current	$2.9M	$6.4M	$6.4M	$6.2M
Total liabilities	$40.0M	$43.4M	$45.0M	$39.7M
Total Stockholders' Equity	$271.1M	$272.0M	$243.3M	$203.4M
Equity reserves	$11.0M	$10.9M	$11.7M	$11.5M
Treasury shares	-97.0K	-97.0K	-97.0K	-97.0K
Accumulated Other Comprehensive Income	($9.6M)	($6.7M)	($4.3M)	($5.6M)
Retained Earnings	$10.2M	($702.0K)	($16.6M)	($27.1M)
Total equity	$282.6M	$275.4M	$234.0M	$182.1M
Total liabilities and equity	$322.5M	$318.8M	$279.0M	$221.9M

Cash flow statement

Avino Silver & Gold Mines Ltd cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$26.6M	$8.1M	$542.0K	$3.1M
Deferred income tax expense	$1.7M	—	—	$3.4M
Depreciation & Amortization (CF)	$3.7M	$3.4M	$2.9M	$2.2M
Accretion of reclamation provision	$204.0K	$197.0K	$49.0K	$44.0K
Losses on disposals of investments	($2.8M)	—	—	—
Unrealized loss (gain) on derivatives	($1.8M)	—	—	—
Unrealized loss (gain) on foreign exchange	$2.4M	($1.1M)	$54.0K	($303.0K)
Write down of uncollectible account	$0	$621.0K	—	—
Write down of equipment and materials and supplies inventory	$593.0K	($1.1M)	$414.0K	—
Loss on sale of mineral properties	$304.0K	—	—	—
Finance costs on deferred consideration payable	$229.0K	—	—	—
Other expenses	$417.0K	—	—	—
Share-based payments	$3.7M	$2.0M	$2.3M	$2.0M
Total adjustments for non cash	$35.3M	$15.1M	$6.2M	—
Net change in non-cash working capital items	($7.9M)	$8.0M	($4.8M)	$1.0M
Cash provided by operating activities	$27.4M	$23.1M	$1.5M	$11.8M
Shares issued for cash, net of issuance costs	74.2M	9.1M	5.2M	0
Proceeds from option exercises and RSU vesting, net	$2.3M	$986.0K	—	$30.0K
Lease liability payments	($2.3M)	($1.9M)	($1.4M)	—
Equipment loan payments	($325.0K)	($166.0K)	($222.0K)	$0
Cash provided by financing activities	$73.9M	$8.0M	$3.5M	($1.1M)
Exploration and evaluation expenditures	($576.0K)	($2.1M)	($1.2M)	($1.1M)
Additions to plant, equipment and mining properties	($26.3M)	($4.5M)	($7.4M)	($7.8M)
Cash used in investing activities	($26.9M)	($6.6M)	($13.5M)	($24.1M)
Net Change in Cash	$0	$50.0K	($2.0K)	($101.0K)
Change in cash	$74.4M	$24.6M	($8.6M)	($13.4M)
Cash, beginning	$27.3M	$2.7M	$11.2M	$24.8M
Cash, ending	$101.7M	$27.3M	$2.7M	$11.2M

Avino Silver & Gold Mines Ltd cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$26.8M	$15.9M	$16.2M	$8.5M
Deferred income tax expense (recovery)	($3.5M)	($40.0K)	—	—
Depreciation and depletion	$4.8M	$3.3M	—	—
Accretion of reclamation provision	$134.0K	$65.0K	$156.0K	$100.0K
Loss (gain) on investments	$438.0K	($556.0K)	($2.7M)	($363.0K)
Unrealized loss (gain) on derivatives	$684.0K	$1.1M	—	—
Unrealized loss (gain) on foreign exchange	($5.1M)	($2.2M)	$1.4M	$1.5M
Write down of equipment and materials	$18.0K	—	—	—
Other expenses	$0	—	$425.0K	$421.0K
Finance costs on deferred consideration payable	$324.0K	$161.0K	$64.0K	—
Share-based payments	$2.3M	$875.0K	$2.8M	$1.7M
Total adjustments for non cash	$26.9M	$18.7M	$20.9M	$13.6M
Net change in non-cash working capital items	$51.0K	($5.1M)	($3.5M)	($4.5M)
Cash provided by operating activities	$26.9M	$13.6M	$17.4M	$9.1M
Proceeds from Stock Issuance	24.7M	24.7M	—	—
Proceeds from option exercises and RSU vesting, net	$3.1M	$2.3M	$1.3M	$757.0K
Shares repurchased and cancelled	3.0M	—	—	—
Lease liability payments	$1.9M	($918.0K)	($1.6M)	($906.0K)
Equipment loan payments	$186.0K	($66.0K)	($240.0K)	($155.0K)
Cash provided by financing activities	$22.7M	$26.0M	$35.4M	$6.6M
Proceeds from sale of long-term investments	$386.0K	—	—	—
Exploration and evaluation expenditures	$59.0K	($53.0K)	($568.0K)	($451.0K)
Additions to plant, equipment and mining properties	$6.9M	($2.7M)	($22.3M)	($5.3M)
Cash used in investing activities	($6.5M)	($2.7M)	($22.8M)	($5.8M)
Change in cash	$43.1M	$37.0M	$30.0M	$10.0M
Net Change in Cash	($21.0K)	($28.0K)	($3.0K)	($24.0K)
Cash, beginning of period	$101.7M	$101.7M	$27.3M	$27.3M
Cash, ending of period	$144.8M	—	—	—

Avino Silver & Gold Mines Ltd score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.