Avino Silver & Gold Mines Ltd. (ASM) Income Statement
ASM 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsASM revenue and net income
Where ASM's revenue goes
2025Each bar shows an amount and its share of revenue. ASM kept 31.3% of revenue as net income.
ASM profit margins
ASM growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +30.9% | +25.2% | +40.2% | +19.2% |
| Gross profit | +80.3% | +40.6% | +194.1% | +20.7% |
| Operating income | +99.1% | +49.4% | — | +26.6% |
| Net income | +234.7% | +106.1% | — | +53.3% |
| EPS (diluted) | +70.0% | +78.3% | — | +5.4% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ASM quarterly EPS vs estimates
Avino Silver & Gold Mines beat the analyst EPS estimate in 3 of the last 8 quarters. Next report: November 5, 2026 (estimate $0.07).
ASM income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $86.7M | $66.2M | $43.9M | $44.2M | $11.2M | $16.0M | $31.7M | $34.1M | $33.4M | $34.7M |
| Cost of revenue | $44.8M | $43.0M | $36.1M | $29.1M | $7.7M | $15.8M | $32.0M | $27.9M | $22.0M | $23.0M |
| Gross profit | $41.8M | $23.2M | $7.8M | $15.1M | $3.5M | $190,000 | −$270,000 | $6.3M | $11.3M | $11.7M |
| Research & development | — | — | — | — | — | — | — | — | — | $0 |
| Sales, general & admin | $12.3M | $8.1M | $7.8M | $6.1M | $4.9M | $4.6M | $4.1M | $4.2M | $5.0M | $5.0M |
| Total operating expenses | $12.5M | $8.5M | $7.9M | $6.2M | $5.3M | $4.9M | $4.2M | $4.4M | $5.2M | $5.9M |
| Operating income | $29.4M | $14.7M | −$119,000 | $8.8M | −$1.7M | −$4.7M | −$4.5M | $1.9M | $6.1M | $5.9M |
| Interest income | $1.4M | $364,000 | $187,000 | $196,000 | $178,000 | $332,000 | $1.6M | $609,000 | $787,000 | $80,000 |
| Interest expense | $572,855 | $387,000 | $381,000 | $99,000 | $75,331 | $236,000 | $148,000 | $553,000 | $260,000 | $268,000 |
| Income before taxes | $40.6M | $14.4M | −$510,000 | $7.7M | −$1.6M | −$8.9M | −$3.0M | $2.1M | $5.4M | $6.5M |
| Income taxes | $13.5M | $6.3M | −$1.1M | $4.6M | $439,000 | −$1.4M | −$633,000 | $407,000 | $2.8M | $4.4M |
| Net income | $27.1M | $8.1M | $542,000 | $3.1M | −$2.1M | −$7.7M | −$31.5M | $1.6M | $2.5M | $2.0M |
| EBITDA | $45.2M | $18.2M | $2.8M | $10.0M | $522,000 | −$6.9M | $1.0M | $5.4M | $8.8M | $8.8M |
| EPS (diluted) | $0.17 | $0.10 | $0.03 | $0.03 | −$0.01 | −$0.05 | −$0.45 | $0.06 | $0.05 | $0.02 |
| Gross margin | 48.3% | 35.1% | 17.8% | 34.1% | 31.6% | 1.2% | −0.9% | 18.4% | 33.7% | 33.8% |
| Operating margin | 33.9% | 22.3% | −0.3% | 19.9% | −15.2% | −29.1% | −14.2% | 5.6% | 18.1% | 16.9% |
| Net margin | 31.3% | 12.2% | 1.2% | 7.0% | −18.3% | −47.8% | −99.1% | 4.8% | 7.6% | 5.8% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.8M | $41.4M | $26.4M | $21.0M | $21.8M | $18.8M | $24.4M | $14.6M | $14.8M | $12.6M | $12.5M | $12.3M |
| Cost of revenue | $13.8M | $15.9M | $13.0M | $11.1M | $11.6M | $8.3M | $13.9M | $8.9M | $10.1M | $10.1M | $10.0M | $10.0M |
| Gross profit | $13.0M | $25.5M | $13.5M | $9.9M | $10.2M | $10.6M | $10.5M | $5.7M | $4.7M | $2.5M | $2.6M | $2.4M |
| Sales, general & admin | $2.3M | $3.8M | $3.6M | $3.0M | $3.3M | $2.4M | $2.1M | $1.9M | $2.4M | $1.7M | $2.1M | $1.9M |
| Total operating expenses | $3.8M | $3.8M | $3.7M | $3.1M | $3.3M | $2.5M | $2.2M | $2.0M | $2.5M | $1.7M | $2.1M | $1.9M |
| Operating income | $9.2M | $21.8M | $9.8M | $6.9M | $6.9M | $8.0M | $8.3M | $3.7M | $2.2M | $870,094 | $467,000 | $444,000 |
| Interest income | $1.1M | $926,000 | $739,000 | $342,000 | $170,000 | $163,000 | $287,000 | $257,000 | $151,000 | $3,000 | $180,000 | $5,000 |
| Interest expense | $122,000 | $283,024 | $270,088 | $27,000 | $114,000 | $81,000 | $139,000 | $154,000 | $84,000 | $90,000 | $109,957 | $158,955 |
| Income before taxes | $11.9M | $22.5M | $14.0M | $10.7M | $6.5M | $8.9M | $8.3M | $2.8M | $2.6M | $712,801 | $436,000 | −$221,000 |
| Income taxes | $967,000 | $6.8M | $3.4M | $3.0M | $3.6M | $3.2M | $3.2M | $1.6M | $1.4M | $116,477 | −$127,000 | $582,000 |
| Net income | $10.9M | $15.7M | $10.6M | $7.7M | $2.9M | $5.6M | $5.1M | $1.2M | $1.2M | $599,000 | $563,000 | −$803,000 |
| EBITDA | $7.8M | $26.1M | $15.4M | $11.7M | $7.5M | $9.8M | $9.3M | $3.8M | $3.5M | $1.8M | $1.3M | $697,918 |
| EPS (diluted) | $0.06 | $0.09 | $0.06 | $0.05 | $0.02 | $0.04 | $0.04 | $0.01 | $0.03 | $0.02 | $0.00 | $0.01 |
| Gross margin | 48.4% | 61.6% | 50.9% | 47.1% | 46.9% | 56.1% | 42.9% | 39.1% | 31.8% | 20.0% | 20.4% | 19.2% |
| Operating margin | 34.2% | 52.5% | 37.1% | 32.6% | 31.5% | 42.6% | 33.9% | 25.1% | 14.9% | 6.9% | 3.7% | 3.6% |
| Net margin | 40.7% | 37.9% | 40.2% | 36.6% | 13.1% | 29.8% | 20.9% | 8.0% | 8.4% | 4.7% | 4.5% | −6.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in ASM's financial statements (latest annual report filed March 27, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ASM financial results
In fiscal year 2025 (ended December 31, 2025), Avino Silver & Gold Mines reported revenue of $86.7 million, up 30.9% from the year before. It had net income of $27.1 million (up 234.7%), a net profit margin of 31.3%. Diluted earnings per share came to $0.17. Over five years revenue grew at an average rate of 40.2% a year.
See the ASM stock overview for the latest quote and news, or the ASM chart for price history and technical indicators.
ASM income statement FAQ
What is Avino Silver & Gold Mines's annual revenue?
Avino Silver & Gold Mines reported total revenue of $86.7 million for fiscal year 2025, which ended on December 31, 2025. That was up 30.9% from $66.2 million the previous year.
Is Avino Silver & Gold Mines profitable?
Yes. Avino Silver & Gold Mines reported net income of $27.1 million in fiscal 2025, a net profit margin of 31.3%; its operating margin was 33.9%.
What is Avino Silver & Gold Mines's gross margin?
Avino Silver & Gold Mines's gross margin was 48.3% in fiscal 2025: for every $100 of revenue, Avino Silver & Gold Mines kept $48 after the direct cost of its products and services.
How fast is Avino Silver & Gold Mines growing?
Revenue grew 40.2% a year on average over the last five fiscal years, from $16.0 million to $86.7 million.
What are Avino Silver & Gold Mines's earnings per share?
Avino Silver & Gold Mines earned $0.17 per diluted share in fiscal 2025, compared with $0.10 a year earlier.
When will Avino Silver & Gold Mines report its next earnings?
Avino Silver & Gold Mines is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 before the market opens.
When does Avino Silver & Gold Mines's fiscal year end?
Avino Silver & Gold Mines's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on March 27, 2026.