Avalon Advanced Materials Inc. (TSX:AVL)

Avalon Advanced Materials Balance Sheet

Financials in millions CAD. Fiscal year is September - August.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Cash & Equivalents	9.8	1.45	0.71	2.58	3.03	1.82
Cash & Short-Term Investments	9.8	1.45	0.71	2.58	3.03	1.82
Cash Growth	977.91%	104.11%	-72.41%	-14.84%	66.28%	40.73%
Other Receivables	0.31	0.08	0.05	0.15	0.05	0.12
Receivables	0.31	0.08	0.05	0.15	0.05	0.12
Prepaid Expenses	0.35	0.22	0.13	0.36	0.98	0.59
Other Current Assets	-	-	-	16.9	-	-
Total Current Assets	10.46	1.75	0.89	19.99	4.06	2.53
Property, Plant & Equipment	115.27	112.05	111.89	111.06	116.39	115.93
Long-Term Investments	-	22.67	22.71	-	-	-
Long-Term Deferred Charges	-	0.73	0.89	-	-	-
Total Assets	125.74	137.21	136.38	131.05	120.45	118.47

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Accounts Payable	2.67	0.46	0.46	0.46	0.19	0.14
Accrued Expenses	1.31	0.92	1.04	0.67	0.41	0.49
Short-Term Debt	-	2.72	2.97	-	-	-
Current Portion of Long-Term Debt	-	-	3.24	-	0.46	-
Current Portion of Leases	0.21	0.2	0.14	0.22	0.21	0.19
Current Unearned Revenue	0.62	-	-	0.01	0.18	0.04
Other Current Liabilities	-	0	0	-	-	-
Total Current Liabilities	4.8	4.29	7.84	1.36	1.45	0.86
Long-Term Debt	-	7.17	-	3.01	3.6	2.99
Long-Term Leases	0.35	0.51	0.71	0.06	0.29	0.5
Other Long-Term Liabilities	0.2	0.2	0.2	0.48	0.8	0.5
Total Liabilities	5.35	12.18	8.76	4.91	6.14	4.84

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Common Stock	217.24	203.88	201.5	200.59	185.99	181.92
Retained Earnings	-125.92	-103.63	-98.44	-97.8	-94.49	-90.54
Comprehensive Income & Other	29.06	24.78	24.56	23.35	22.81	22.25
Shareholders' Equity	120.38	125.03	127.62	126.14	114.31	113.63
Total Liabilities & Equity	125.74	137.21	136.38	131.05	120.45	118.47

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 31, 2026	Aug 31, 2025	Aug 31, 2024	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021
Total Debt	0.56	10.6	7.05	3.3	4.56	3.68
Net Cash (Debt)	9.24	-9.14	-6.34	-0.71	-1.52	-1.86
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	2.19	-2.70	-2.03	-0.28	-0.71	-0.94
Filing Date Shares Outstanding	4.64	4.64	3.28	3.11	2.32	2.06
Total Common Shares Outstanding	4.64	3.58	3.18	3.11	2.26	2.03
Working Capital	5.66	-2.54	-6.95	18.63	2.61	1.68
Book Value Per Share	25.93	34.92	40.18	40.52	50.56	55.98
Tangible Book Value	120.38	125.03	127.62	126.14	114.31	113.63
Tangible Book Value Per Share	25.93	34.92	40.18	40.52	50.56	55.98
Land	7.81	7.81	7.81	7.83	0.09	0.09
Buildings	1.17	1.16	1.16	1.22	1.24	1.24
Machinery	0.26	0.26	0.26	0.34	0.69	0.7
Construction In Progress	103.7	102.1	101.67	101.62	101.59	101.55
Leasehold Improvements	0.18	0.18	0.18	0.11	0.11	0.11

Data Source: S&P Global Market Intelligence Last updated: May 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 24, 2026

Data Sources Report a data error