Avalon Advanced Materials Inc. (AVLNF)

Avalon Advanced Materials Income Statement

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

Year Ending	TTM	Aug 31, 2023	Aug 31, 2022	Aug 31, 2021	Aug 31, 2020	Aug 31, 2019
Revenue	0.11	0.05	0	0.01	0.13	0.05
Revenue Growth (YoY)	120.67%	-	-	-91.61%	152.98%	-14.17%
Cost of Revenue	0.25	0.23	0.17	0.11	0.16	0.02
Gross Profit	-0.14	-0.19	-0.17	-0.1	-0.03	0.03
Selling, General & Admin	5.41	3.77	2.85	2.24	1.87	2.46
Other Operating Expenses	-0.1	0	0	0.06	0.19	0.04
Operating Expenses	5.41	3.77	2.85	2.3	2.06	2.51
Operating Income	-5.6	-4	-3.02	-2.44	-2.13	-2.65
Interest Income	0.07	0.08	0.02	0.01	0.02	0.04
Interest Expense	0.34	0.07	0.03	0.04	0.04	0.18
Other Expense / Income	-5.8	0.07	1.02	1.48	3.27	0.76
Pretax Income	-0.06	-4.06	-4.04	-3.95	-5.41	-3.54
Income Tax	-0.02	-0.74	-0.1	-0.2	-0.05	-0.15
Net Income	-0.05	-3.32	-3.95	-3.76	-5.37	-3.39
Shares Outstanding (Basic)	565	456	388	355	334	276
Shares Outstanding (Diluted)	565	456	388	355	334	276
Shares Change	29.08%	17.39%	9.56%	6.06%	21.24%	28.17%
EPS (Basic)	-0.00	-0.01	-0.01	-0.01	-0.02	-0.01
EPS (Diluted)	-0.00	-0.01	-0.01	-0.01	-0.02	-0.01
Free Cash Flow	-12.77	-14.16	-3.32	-3.21	-2.66	-3.2
Free Cash Flow Per Share	-0.02	-0.03	-0.01	-0.01	-0.01	-0.01
Gross Margin	-120.11%	-414.80%	-	-909.01%	-21.73%	61.12%
Operating Margin	-4875.91%	-8898.82%	-	-21714.80%	-1586.46%	-4999.35%
Profit Margin	-42.20%	-7371.24%	-	-33381.84%	-4001.30%	-6386.54%
Free Cash Flow Margin	-11120.36%	-31474.89%	-	-28497.62%	-1985.97%	-6031.07%
EBITDA	-5.4	-3.77	-2.85	-2.4	-2.12	-2.85
EBITDA Margin	-4704.37%	-8384.02%	-	-21364.90%	-1583.36%	-5375.01%
Depreciation & Amortization	0.25	0.23	0.17	0.11	0.16	0.02
EBIT	-5.65	-4	-3.02	-2.52	-2.29	-2.87
EBIT Margin	-4924.48%	-8898.83%	-	-22373.92%	-1705.09%	-5413.89%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.