Avino Silver & Gold Mines Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	92.23	66.18	43.89	44.19	11.23
Revenue Growth (YoY)	39.36%	50.79%	-0.67%	293.54%	-29.92%
Cost of Revenue	43.1	41.83	35.66	28.88	7.86
Gross Profit	49.13	24.35	8.23	15.31	3.37
Selling, General & Admin	8.69	6.23	5.62	5.16	3.57
Other Operating Expenses	0.62	0.2	0.05	0.04	0.05
Operating Expenses	13.04	9.08	7.94	7.22	5.08
Operating Income	36.09	15.27	0.3	8.09	-1.71
Interest Expense	-0.32	-0.39	-0.38	-0.1	-0.02
Interest & Investment Income	1.41	0.36	0.41	0.02	0.18
Currency Exchange Gain (Loss)	-0.71	0.98	0.11	-0.02	-0.06
Other Non Operating Income (Expenses)	1.54	-0.49	0.4	2.12	0.42
EBT Excluding Unusual Items	38.03	15.74	0.84	10.11	-1.2
Gain (Loss) on Sale of Investments	2.77	-0.17	-0.93	-2.1	-0.42
Gain (Loss) on Sale of Assets	-0.3	-	-	-	-
Asset Writedown	-0.59	-1.14	-0.41	-0.33	-
Pretax Income	39.9	14.42	-0.51	7.68	-1.62
Income Tax Expense	13.26	6.32	-1.05	4.58	0.44
Earnings From Continuing Operations	26.64	8.1	0.54	3.1	-2.06
Net Income	26.64	8.1	0.54	3.1	-2.06
Net Income to Common	26.64	8.1	0.54	3.1	-2.06
Net Income Growth	228.93%	1394.46%	-82.49%	-	-
Shares Outstanding (Basic)	148	135	121	114	100
Shares Outstanding (Diluted)	158	141	125	118	100
Shares Change (YoY)	11.66%	12.75%	6.57%	17.43%	20.41%
EPS (Basic)	0.18	0.06	0.00	0.03	-0.02
EPS (Diluted)	0.17	0.06	0.00	0.03	-0.02
EPS Growth	183.33%	1287.60%	-84.03%	-	-
Free Cash Flow	0.55	16.56	-7.04	2.86	-3.1
Free Cash Flow Per Share	0.00	0.12	-0.06	0.02	-0.03
Gross Margin	53.27%	36.79%	18.76%	34.65%	30.02%
Operating Margin	39.13%	23.07%	0.67%	18.30%	-15.24%
Profit Margin	28.89%	12.24%	1.23%	7.01%	-18.32%
Free Cash Flow Margin	0.59%	25.03%	-16.05%	6.48%	-27.59%
EBITDA	40.04	18.85	3.26	10.32	0.45
EBITDA Margin	43.41%	28.48%	7.43%	23.35%	4.03%
D&A For EBITDA	3.95	3.58	2.97	2.23	2.16
EBIT	36.09	15.27	0.3	8.09	-1.71
EBIT Margin	39.13%	23.07%	0.67%	18.30%	-15.24%
Effective Tax Rate	33.22%	43.83%	-	59.69%	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.