Avalon Holdings Key Executives
This section highlights Avalon Holdings's key executives, including their titles and compensation details.
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Avalon Holdings Earnings
This section highlights Avalon Holdings's earnings, including key dates, EPS, earnings reports, and earnings call transcripts.
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Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal, and governmental customers in the United States. It operates in Waste Management Services, and Golf and Related Operations segments. The Waste Management Services segment offers hazardous and nonhazardous waste disposal brokerage and management services; and captive landfill management services, as well as engages in the salt water injection well operations. This segment also provides turnkey services, including daily operations, facilities management, and management reporting; and sells construction mats. The Golf and Related Operations segment operates and manages four golf courses and related clubhouses, a hotel, and a travel agency. Its golf and country club facilities provide swimming pools, fitness centers, tennis courts, dining, and banquet and conference facilities, as well as spa services. The company also owns and operates hotel under the brand of The Grand Resort, which provides various facilities, such as hotel, indoor and outdoor swimming pool, bath, fitness center, restaurants, bars, cigar lounge, salon and spa, banquet and conference facilities, and adjoining tennis center. Avalon Holdings Corporation was founded in 1998 and is headquartered in Warren, Ohio.
$2.84
Stock Price
$11.07M
Market Cap
882
Employees
Warren, OH
Location
Financial Statements
Access annual & quarterly financial statements for Avalon Holdings, including income statements, balance sheets, and cash flow statements..
Annual Income Statement
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Revenue | $83.80M | $80.52M | $81.18M | $70.38M | $58.72M |
Cost of Revenue | $66.57M | $66.73M | $67.22M | $56.83M | $47.02M |
Gross Profit | $17.23M | $13.78M | $13.96M | $13.55M | $11.71M |
Gross Profit Ratio | 20.56% | 17.11% | 17.20% | 19.30% | 19.93% |
Research and Development Expenses | $- | $- | $- | $- | $- |
General and Administrative Expenses | $- | $- | $- | $- | $- |
Selling and Marketing Expenses | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $10.25M | $10.23M | $10.13M | $9.88M | $8.67M |
Other Expenses | $3.91M | $3.83M | $3.48M | $3.11M | $2.91M |
Operating Expenses | $14.15M | $14.05M | $13.62M | $12.99M | $11.58M |
Cost and Expenses | $80.72M | $80.79M | $80.83M | $69.82M | $58.60M |
Interest Income | $- | $- | $1.46M | $1.16M | $1.21M |
Interest Expense | $2.04M | $2.10M | $1.46M | $1.16M | $1.21M |
Depreciation and Amortization | $3.91M | $3.83M | $3.48M | $3.11M | $2.91M |
EBITDA | $6.99M | $3.94M | $4.06M | $3.67M | $3.03M |
EBITDA Ratio | 8.34% | 4.89% | 5.00% | 5.74% | 5.74% |
Operating Income | $3.08M | $-273.00K | $578.00K | $930.00K | $461.00K |
Operating Income Ratio | 3.67% | -0.34% | 0.71% | 1.32% | 0.79% |
Total Other Income Expenses Net | $-2.03M | $-1.71M | $-1.23M | $1.18M | $-72.00K |
Income Before Tax | $1.04M | $-1.99M | $-886.00K | $1.74M | $52.00K |
Income Before Tax Ratio | 1.24% | -2.47% | -1.09% | 2.47% | 0.09% |
Income Tax Expense | $90.00K | $57.00K | $94.00K | $89.00K | $98.00K |
Net Income | $1.32M | $-1.77M | $-980.00K | $1.97M | $-46.00K |
Net Income Ratio | 1.57% | -2.20% | -1.21% | 2.80% | -0.08% |
EPS | $0.34 | $-0.46 | $-0.25 | $0.51 | $-0.01 |
EPS Diluted | $0.34 | $-0.46 | $-0.25 | $0.51 | $-0.01 |
Weighted Average Shares Outstanding | 3.90M | 3.90M | 3.90M | 3.90M | 3.88M |
Weighted Average Shares Outstanding Diluted | 3.90M | 3.90M | 3.90M | 3.90M | 3.88M |
SEC Filing | Source | Source | Source | Source | Source |
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | $17.64M | $24.23M | $23.06M | $18.86M | $17.62M | $23.90M | $20.62M | $18.38M | $21.64M | $25.71M | $19.52M | $14.31M | $17.58M | $21.30M | $16.39M | $15.11M | $14.62M | $16.62M | $13.07M | $14.40M |
Cost of Revenue | $14.55M | $18.27M | $18.95M | $15.79M | $15.68M | $18.77M | $17.02M | $16.24M | $18.68M | $20.41M | $15.75M | $12.38M | $14.82M | $16.73M | $13.06M | $12.21M | $11.58M | $12.76M | $10.65M | $12.03M |
Gross Profit | $3.09M | $5.97M | $4.10M | $3.06M | $1.94M | $5.14M | $3.60M | $2.14M | $2.95M | $5.31M | $3.77M | $1.93M | $2.76M | $4.57M | $3.33M | $2.90M | $3.04M | $3.87M | $2.42M | $2.37M |
Gross Profit Ratio | 17.53% | 24.63% | 17.80% | 16.20% | 11.00% | 21.50% | 17.50% | 11.60% | 13.60% | 20.60% | 19.30% | 13.50% | 15.70% | 21.40% | 20.30% | 19.20% | 20.81% | 23.28% | 18.50% | 16.48% |
Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $2.40M | $2.11M | $1.93M | $2.23M |
Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Selling General and Administrative Expenses | $2.28M | $2.72M | $2.65M | $2.60M | $2.38M | $2.81M | $2.50M | $2.53M | $2.62M | $2.91M | $2.34M | $2.27M | $2.32M | $2.74M | $2.54M | $2.28M | $2.40M | $2.11M | $1.93M | $2.23M |
Other Expenses | $949.00K | $975.00K | $1.00M | $7.00K | $61.00K | $37.00K | $205.00K | $940.00K | $930.00K | $882.00K | $842.00K | $829.00K | $71.00K | $85.00K | $126.00K | $87.00K | $73.00K | $83.00K | $103.00K | $78.00K |
Operating Expenses | $3.23M | $3.69M | $2.65M | $3.58M | $2.38M | $3.78M | $3.46M | $3.47M | $3.54M | $3.79M | $3.18M | $3.09M | $3.12M | $3.52M | $3.30M | $3.04M | $3.16M | $2.85M | $2.64M | $2.93M |
Cost and Expenses | $17.78M | $21.96M | $21.61M | $19.37M | $18.06M | $22.54M | $20.48M | $19.71M | $22.23M | $24.20M | $18.93M | $15.47M | $17.95M | $20.25M | $16.36M | $15.26M | $14.74M | $15.61M | $13.29M | $14.96M |
Interest Income | $- | $- | $- | $- | $- | $- | $529.00K | $515.00K | $504.00K | $408.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Interest Expense | $509.00K | $502.00K | $521.00K | $508.00K | $525.00K | $530.00K | $529.00K | $515.00K | $504.00K | $408.00K | $274.00K | $278.00K | $280.00K | $290.00K | $291.00K | $297.00K | $297.00K | $302.00K | $304.00K | $307.00K |
Depreciation and Amortization | $949.00K | $975.00K | $1.00M | $980.00K | $968.00K | $963.00K | $955.00K | $940.00K | $930.00K | $882.00K | $842.00K | $829.00K | $804.00K | $777.00K | $767.00K | $764.00K | $757.00K | $741.00K | $712.00K | $699.00K |
EBITDA | $815.00K | $3.25M | $2.45M | $474.00K | $588.00K | $2.36M | $1.30M | $-324.00K | $364.00K | $2.42M | $1.55M | $-273.00K | $508.00K | $1.91M | $794.00K | $1.79M | $1.51M | $1.84M | $593.00K | $220.00K |
EBITDA Ratio | 4.62% | 13.41% | 10.63% | 2.51% | 2.99% | 9.87% | 6.32% | -1.70% | 1.68% | 9.40% | 7.96% | -1.91% | 2.89% | 8.96% | 5.61% | 4.66% | 10.36% | 11.09% | 4.54% | 1.53% |
Operating Income | $-134.00K | $2.27M | $1.45M | $-513.00K | $-441.00K | $1.36M | $143.00K | $-1.33M | $-566.00K | $1.51M | $592.00K | $-1.17M | $-367.00K | $1.05M | $27.00K | $-146.00K | $-116.00K | $1.02M | $-222.00K | $-557.00K |
Operating Income Ratio | -0.76% | 9.38% | 6.28% | -2.72% | -2.50% | 5.69% | 0.69% | -7.26% | -2.62% | 5.88% | 3.03% | -8.15% | -2.09% | 4.92% | 0.16% | -0.97% | -0.79% | 6.13% | -1.70% | -3.87% |
Total Other Income Expenses Net | $-509.00K | $-502.00K | $-521.00K | $-501.00K | $-464.00K | $-493.00K | $-324.00K | $-504.00K | $-478.00K | $-386.00K | $-155.00K | $-214.00K | $-209.00K | $-205.00K | $712.00K | $877.00K | $577.00K | $-219.00K | $-201.00K | $-229.00K |
Income Before Tax | $-643.00K | $1.77M | $927.00K | $-1.01M | $-905.00K | $867.00K | $-181.00K | $-1.77M | $-1.07M | $1.13M | $437.00K | $-1.38M | $-576.00K | $842.00K | $739.00K | $731.00K | $461.00K | $800.00K | $-423.00K | $-786.00K |
Income Before Tax Ratio | -3.64% | 7.31% | 4.02% | -5.38% | -5.14% | 3.63% | -0.88% | -9.62% | -4.95% | 4.38% | 2.24% | -9.64% | -3.28% | 3.95% | 4.51% | 4.84% | 3.15% | 4.81% | -3.24% | -5.46% |
Income Tax Expense | $-36.00K | $42.00K | $44.00K | $40.00K | $-36.00K | $39.00K | $23.00K | $31.00K | $-14.00K | $55.00K | $33.00K | $20.00K | $4.00K | $27.00K | $15.00K | $43.00K | $3.00K | $27.00K | $24.00K | $44.00K |
Net Income | $-497.00K | $1.84M | $954.00K | $-979.00K | $-831.00K | $885.00K | $-152.00K | $-1.80M | $-1.06M | $1.17M | $484.00K | $-1.40M | $-470.00K | $983.00K | $742.00K | $716.00K | $481.00K | $781.00K | $-435.00K | $-813.00K |
Net Income Ratio | -2.82% | 7.59% | 4.14% | -5.19% | -4.72% | 3.70% | -0.74% | -9.79% | -4.88% | 4.54% | 2.48% | -9.78% | -2.67% | 4.61% | 4.53% | 4.74% | 3.29% | 4.70% | -3.33% | -5.64% |
EPS | $-0.13 | $0.47 | $0.24 | $-0.25 | $-0.21 | $0.23 | $-0.04 | $-0.46 | $-0.27 | $0.30 | $0.12 | $-0.36 | $-0.12 | $0.25 | $0.19 | $0.18 | $0.12 | $0.20 | $-0.11 | $-0.21 |
EPS Diluted | $-0.13 | $0.47 | $0.24 | $-0.25 | $-0.21 | $0.23 | $-0.04 | $-0.46 | $-0.27 | $0.30 | $0.12 | $-0.36 | $-0.12 | $0.25 | $0.19 | $0.18 | $0.12 | $0.20 | $-0.11 | $-0.21 |
Weighted Average Shares Outstanding | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.88M | 3.88M | 3.87M |
Weighted Average Shares Outstanding Diluted | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.90M | 3.92M | 3.92M | 3.90M | 3.93M | 3.93M | 3.93M | 3.94M | 3.94M | 3.88M | 3.88M | 3.88M |
SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Annual Balance Sheet
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Cash and Cash Equivalents | $2.80M | $1.19M | $1.62M | $3.25M | $4.21M |
Short Term Investments | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $2.80M | $1.19M | $1.62M | $3.25M | $4.21M |
Net Receivables | $9.18M | $10.07M | $11.73M | $10.51M | $9.33M |
Inventory | $1.56M | $1.66M | $1.46M | $1.10M | $910.00K |
Other Current Assets | $1.02M | $1.13M | $1.28M | $1.10M | $810.00K |
Total Current Assets | $14.56M | $14.04M | $16.09M | $15.97M | $15.26M |
Property Plant Equipment Net | $62.61M | $63.61M | $63.19M | $60.33M | $58.76M |
Goodwill | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $- | $- | $-10.43M | $-1.70M | $-3.88M |
Long Term Investments | $- | $- | $10.43M | $1.70M | $3.88M |
Tax Assets | $27.00K | $8.00K | $8.00K | $8.00K | $8.00K |
Other Non-Current Assets | $8.99M | $10.30M | $10.46M | $1.73M | $3.92M |
Total Non-Current Assets | $71.63M | $73.92M | $73.66M | $62.07M | $62.69M |
Other Assets | $- | $- | $- | $- | $- |
Total Assets | $86.19M | $87.97M | $89.75M | $78.04M | $77.95M |
Account Payables | $7.12M | $9.66M | $10.99M | $10.16M | $9.10M |
Short Term Debt | $1.14M | $1.17M | $1.04M | $1.83M | $2.46M |
Tax Payables | $594.00K | $539.00K | $643.00K | $608.00K | $504.00K |
Deferred Revenue | $3.52M | $3.44M | $3.64M | $3.36M | $3.20M |
Other Current Liabilities | $3.09M | $3.10M | $2.53M | $2.06M | $1.93M |
Total Current Liabilities | $15.46M | $17.91M | $18.86M | $18.02M | $17.18M |
Long Term Debt | $33.57M | $33.86M | $32.65M | $20.94M | $23.70M |
Deferred Revenue Non-Current | $- | $- | $-1.84M | $-2.13M | $-2.05M |
Deferred Tax Liabilities Non-Current | $- | $- | $1.84M | $2.13M | $2.05M |
Other Non-Current Liabilities | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K |
Total Non-Current Liabilities | $33.67M | $33.96M | $32.75M | $21.04M | $23.80M |
Other Liabilities | $- | $- | $- | $- | $- |
Total Liabilities | $49.13M | $51.87M | $51.61M | $39.06M | $40.98M |
Preferred Stock | $- | $- | $- | $- | $- |
Common Stock | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K |
Retained Earnings | $-21.21M | $-22.53M | $-20.75M | $-20.17M | $-22.14M |
Accumulated Other Comprehensive Income Loss | $- | $-0 | $0 | $- | $0 |
Other Total Stockholders Equity | $59.21M | $59.21M | $59.20M | $59.20M | $59.20M |
Total Stockholders Equity | $38.03M | $36.72M | $38.49M | $39.07M | $37.09M |
Total Equity | $37.05M | $36.10M | $38.14M | $38.98M | $36.97M |
Total Liabilities and Stockholders Equity | $86.19M | $87.97M | $89.75M | $78.04M | $77.95M |
Minority Interest | $-982.00K | $-616.00K | $-347.00K | $-92.00K | $-126.00K |
Total Liabilities and Total Equity | $86.19M | $87.97M | $89.75M | $78.04M | $77.95M |
Total Investments | $- | $10.27M | $10.43M | $1.70M | $3.88M |
Total Debt | $34.71M | $35.02M | $33.69M | $22.76M | $26.16M |
Net Debt | $31.91M | $33.84M | $32.07M | $19.51M | $21.95M |
Balance Sheet Charts
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash and Cash Equivalents | $2.80M | $3.95M | $3.77M | $1.16M | $1.19M | $673.00K | $2.22M | $1.27M | $1.62M | $1.48M | $3.27M | $2.43M | $3.25M | $4.11M | $4.45M | $4.04M | $4.21M | $4.67M | $5.53M | $1.45M |
Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Cash and Short Term Investments | $2.80M | $3.95M | $3.77M | $1.16M | $1.19M | $673.00K | $2.22M | $1.27M | $1.62M | $1.48M | $3.27M | $2.43M | $3.25M | $4.11M | $4.45M | $4.04M | $4.21M | $4.67M | $5.53M | $1.45M |
Net Receivables | $9.18M | $10.85M | $12.63M | $13.05M | $10.07M | $12.42M | $12.16M | $14.17M | $11.73M | $14.29M | $11.60M | $11.50M | $10.51M | $10.76M | $10.14M | $11.39M | $9.33M | $9.54M | $8.92M | $11.79M |
Inventory | $1.56M | $1.71M | $1.88M | $1.86M | $1.66M | $1.72M | $1.83M | $1.73M | $1.46M | $1.49M | $1.53M | $1.36M | $1.10M | $1.15M | $1.23M | $1.14M | $910.00K | $1.03M | $1.07M | $1.05M |
Other Current Assets | $1.02M | $695.00K | $896.00K | $1.30M | $1.13M | $962.00K | $1.06M | $1.50M | $1.28M | $1.15M | $1.03M | $1.22M | $1.10M | $817.00K | $817.00K | $943.00K | $810.00K | $825.00K | $574.00K | $875.00K |
Total Current Assets | $14.56M | $17.20M | $19.18M | $17.38M | $14.04M | $15.77M | $17.27M | $18.67M | $16.09M | $18.40M | $17.43M | $16.51M | $15.97M | $16.84M | $16.64M | $17.51M | $15.26M | $16.07M | $16.09M | $15.16M |
Property Plant Equipment Net | $62.61M | $57.21M | $62.28M | $62.99M | $63.61M | $63.78M | $63.59M | $63.60M | $63.19M | $62.82M | $62.92M | $61.38M | $60.33M | $59.62M | $59.18M | $58.86M | $58.76M | $57.67M | $57.89M | $56.94M |
Goodwill | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Intangible Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Goodwill and Intangible Assets | $- | $- | $- | $-10.19M | $-1 | $-10.46M | $-10.45M | $-10.44M | $-10.43M | $-10.41M | $- | $-676.00K | $-1.70M | $-2.09M | $-2.86M | $-3.37M | $- | $- | $- | $- |
Long Term Investments | $- | $- | $10.22M | $10.19M | $10.27M | $10.46M | $10.45M | $10.44M | $10.43M | $10.41M | $- | $676.00K | $1.70M | $2.09M | $2.86M | $3.37M | $- | $- | $- | $- |
Tax Assets | $27.00K | $8.00K | $8.00K | $8.00K | $2.02M | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K | $8.00K |
Other Non-Current Assets | $8.99M | $14.70M | $36.00K | $10.23M | $36.00K | $10.50M | $10.48M | $10.47M | $10.46M | $10.45M | $36.00K | $711.00K | $1.73M | $2.13M | $2.89M | $3.40M | $3.92M | $4.28M | $4.97M | $5.56M |
Total Non-Current Assets | $71.63M | $71.92M | $72.54M | $73.23M | $75.93M | $74.28M | $74.08M | $74.08M | $73.66M | $73.28M | $62.96M | $62.10M | $62.07M | $61.76M | $62.08M | $62.27M | $62.69M | $61.96M | $62.87M | $62.51M |
Other Assets | $- | $- | $- | $- | $1 | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Assets | $86.19M | $89.12M | $91.72M | $90.60M | $89.97M | $90.05M | $91.36M | $92.75M | $89.75M | $91.68M | $80.39M | $78.61M | $78.04M | $78.59M | $78.72M | $79.78M | $77.95M | $78.03M | $78.97M | $77.68M |
Account Payables | $7.12M | $7.68M | $11.03M | $11.32M | $9.66M | $10.75M | $11.61M | $13.20M | $10.99M | $11.00M | $10.95M | $10.20M | $10.16M | $8.97M | $8.58M | $10.44M | $9.10M | $8.09M | $8.66M | $10.41M |
Short Term Debt | $1.14M | $1.09M | $1.76M | $1.16M | $1.17M | $1.70M | $1.64M | $1.08M | $1.04M | $1.71M | $2.44M | $2.49M | $1.83M | $2.55M | $2.74M | $3.19M | $2.46M | $4.37M | $3.91M | $2.57M |
Tax Payables | $594.00K | $560.00K | $418.00K | $504.00K | $539.00K | $582.00K | $598.00K | $502.00K | $643.00K | $551.00K | $436.00K | $548.00K | $608.00K | $525.00K | $435.00K | $489.00K | $504.00K | $408.00K | $293.00K | $477.00K |
Deferred Revenue | $3.52M | $4.67M | $5.86M | $5.16M | $3.44M | $4.62M | $5.74M | $4.90M | $3.64M | $4.65M | $5.78M | $4.94M | $3.36M | $4.42M | $5.38M | $4.12M | $3.20M | $4.04M | $4.78M | $4.02M |
Other Current Liabilities | $3.09M | $3.65M | $3.17M | $3.62M | $3.10M | $2.45M | $2.50M | $3.31M | $2.53M | $2.52M | $2.39M | $1.97M | $2.06M | $1.55M | $1.62M | $1.31M | $1.93M | $1.21M | $1.09M | $1.16M |
Total Current Liabilities | $15.46M | $17.65M | $22.24M | $21.75M | $17.91M | $20.10M | $22.09M | $23.00M | $18.86M | $20.43M | $22.00M | $20.14M | $18.02M | $18.02M | $18.75M | $19.56M | $17.18M | $18.12M | $18.73M | $18.63M |
Long Term Debt | $33.57M | $33.70M | $33.46M | $33.70M | $33.86M | $32.88M | $33.02M | $33.30M | $32.65M | $31.95M | $20.17M | $20.65M | $20.94M | $20.92M | $21.48M | $22.46M | $23.70M | $23.34M | $24.45M | $22.81M |
Deferred Revenue Non-Current | $- | $- | $- | $- | $1.44M | $- | $- | $- | $-1.84M | $- | $- | $- | $-2.13M | $- | $- | $- | $-1.76M | $-1.37M | $- | $- |
Deferred Tax Liabilities Non-Current | $- | $- | $- | $- | $2.01M | $- | $- | $- | $1.84M | $8.00K | $8.00K | $- | $2.13M | $8.00K | $- | $- | $8.00K | $8.00K | $- | $- |
Other Non-Current Liabilities | $100.00K | $100.00K | $100.00K | $100.00K | $2.11M | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K | $100.00K |
Total Non-Current Liabilities | $33.67M | $33.80M | $33.56M | $33.80M | $35.96M | $32.98M | $33.12M | $33.41M | $32.75M | $32.05M | $20.27M | $20.75M | $21.04M | $21.02M | $21.58M | $22.56M | $23.80M | $23.44M | $24.55M | $22.91M |
Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Total Liabilities | $49.13M | $51.46M | $55.80M | $55.56M | $53.87M | $53.08M | $55.22M | $56.41M | $51.61M | $52.48M | $42.27M | $40.89M | $39.06M | $39.04M | $40.34M | $42.12M | $40.98M | $41.56M | $43.28M | $41.54M |
Preferred Stock | $- | $- | $- | $- | $- | $0 | $0 | $- | $- | $- | $- | $- | $- | $0 | $- | $- | $- | $- | $- | $- |
Common Stock | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K | $39.00K |
Retained Earnings | $-21.21M | $-20.71M | $-22.55M | $-23.51M | $-22.53M | $-21.70M | $-22.58M | $-22.43M | $-20.75M | $-19.78M | $-20.95M | $-21.43M | $-20.17M | $-19.70M | $-20.68M | $-21.43M | $-22.14M | $-22.62M | $-23.40M | $-22.97M |
Accumulated Other Comprehensive Income Loss | $- | $- | $-0 | $-0 | $-0 | $-0 | $-0 | $-0 | $0 | $- | $-0 | $- | $- | $-0 | $0 | $-33.23M | $0 | $-31.79M | $-31.05M | $-30.33M |
Other Total Stockholders Equity | $59.21M | $59.21M | $59.21M | $59.21M | $59.21M | $59.21M | $59.21M | $59.21M | $59.20M | $59.20M | $59.20M | $59.20M | $59.20M | $59.20M | $59.20M | $59.20M | $59.20M | $59.15M | $59.15M | $59.15M |
Total Stockholders Equity | $38.03M | $38.53M | $36.69M | $35.74M | $36.72M | $37.55M | $36.66M | $36.81M | $38.49M | $39.46M | $38.29M | $37.81M | $39.07M | $39.54M | $38.55M | $37.81M | $37.09M | $36.57M | $35.78M | $36.22M |
Total Equity | $37.05M | $37.66M | $35.93M | $35.05M | $36.10M | $36.97M | $36.14M | $36.34M | $38.14M | $39.20M | $38.12M | $37.72M | $38.98M | $39.56M | $38.38M | $37.66M | $36.97M | $36.46M | $35.69M | $36.13M |
Total Liabilities and Stockholders Equity | $86.19M | $89.12M | $91.72M | $90.60M | $89.97M | $90.05M | $91.36M | $92.75M | $89.75M | $91.68M | $80.39M | $78.61M | $78.04M | $78.59M | $78.72M | $79.78M | $77.95M | $78.03M | $78.97M | $77.68M |
Minority Interest | $-982.00K | $-872.00K | $-762.00K | $-691.00K | $-616.00K | $-578.00K | $-521.00K | $-469.00K | $-347.00K | $-264.00K | $-168.00K | $-88.00K | $-92.00K | $18.00K | $-172.00K | $-154.00K | $-126.00K | $-103.00K | $-95.00K | $-83.00K |
Total Liabilities and Total Equity | $86.19M | $89.12M | $91.72M | $90.60M | $89.97M | $90.05M | $91.36M | $92.75M | $89.75M | $91.68M | $80.39M | $78.61M | $78.04M | $78.59M | $78.72M | $79.78M | $77.95M | $78.03M | $78.97M | $77.68M |
Total Investments | $- | $- | $10.22M | $10.19M | $10.27M | $10.46M | $10.45M | $10.44M | $10.43M | $10.41M | $- | $676.00K | $1.70M | $2.09M | $2.86M | $3.37M | $- | $- | $- | $- |
Total Debt | $34.71M | $34.80M | $34.62M | $34.86M | $35.02M | $33.99M | $34.10M | $34.39M | $33.69M | $33.05M | $21.96M | $22.46M | $22.76M | $22.75M | $23.40M | $24.79M | $26.16M | $26.84M | $27.48M | $24.61M |
Net Debt | $31.91M | $30.85M | $30.84M | $33.70M | $33.84M | $33.32M | $31.89M | $33.12M | $32.07M | $31.58M | $18.70M | $20.03M | $19.51M | $18.64M | $18.95M | $20.75M | $21.95M | $22.17M | $21.95M | $23.16M |
Annual Cash Flow
Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 |
---|---|---|---|---|---|
Net Income | $952.00K | $-1.77M | $-980.00K | $1.65M | $-46.00K |
Depreciation and Amortization | $3.91M | $3.83M | $3.48M | $3.11M | $2.91M |
Deferred Income Tax | $-19.00K | $- | $- | $-1.94M | $-799.00K |
Stock Based Compensation | $- | $1.00K | $4.00K | $5.00K | $6.00K |
Change in Working Capital | $-1.58M | $456.00K | $-330.00K | $-505.00K | $459.00K |
Accounts Receivables | $825.00K | $1.60M | $-1.23M | $-1.23M | $3.23M |
Inventory | $104.00K | $-201.00K | $-356.00K | $-195.00K | $-97.00K |
Accounts Payables | $-2.75M | $-1.36M | $663.00K | $796.00K | $-2.77M |
Other Working Capital | $237.00K | $412.00K | $589.00K | $119.00K | $100.00K |
Other Non Cash Items | $117.00K | $-153.00K | $82.00K | $42.00K | $42.00K |
Net Cash Provided by Operating Activities | $3.37M | $2.35M | $2.26M | $2.36M | $2.57M |
Investments in Property Plant and Equipment | $-2.25M | $-3.90M | $-6.39M | $-4.42M | $-4.55M |
Acquisitions Net | $- | $- | $- | $3.00K | $38.00K |
Purchases of Investments | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- |
Other Investing Activities | $7.00K | $- | $- | $3.00K | $38.00K |
Net Cash Used for Investing Activities | $-2.25M | $-3.90M | $-6.39M | $-4.42M | $-4.51M |
Debt Repayment | $-818.00K | $944.00K | $11.37M | $-1.45M | $1.36M |
Common Stock Issued | $- | $- | $142.00K | $358.00K | $43.00K |
Common Stock Repurchased | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- |
Other Financing Activities | $- | $- | $-135.00K | $358.00K | $43.00K |
Net Cash Used Provided by Financing Activities | $-818.00K | $944.00K | $11.23M | $-1.09M | $1.40M |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $- |
Net Change in Cash | $309.00K | $-598.00K | $7.10M | $-3.15M | $-536.00K |
Cash at End of Period | $11.76M | $11.45M | $12.05M | $4.95M | $8.10M |
Cash at Beginning of Period | $11.45M | $12.05M | $4.95M | $8.10M | $8.63M |
Operating Cash Flow | $3.37M | $2.35M | $2.26M | $2.36M | $2.57M |
Capital Expenditure | $-2.25M | $-3.90M | $-6.39M | $-4.42M | $-4.55M |
Free Cash Flow | $1.12M | $-1.54M | $-4.13M | $-2.06M | $-1.98M |
Cash Flow Charts
Breakdown | December 31, 2024 | September 30, 2024 | June 30, 2024 | March 31, 2024 | December 31, 2023 | September 30, 2023 | June 30, 2023 | March 31, 2023 | December 31, 2022 | September 30, 2022 | June 30, 2022 | March 31, 2022 | December 31, 2021 | September 30, 2021 | June 30, 2021 | March 31, 2021 | December 31, 2020 | September 30, 2020 | June 30, 2020 | March 31, 2020 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | $-607.00K | $1.66M | $954.00K | $-1.05M | $-831.00K | $828.00K | $-204.00K | $-1.80M | $-1.06M | $1.07M | $404.00K | $-1.40M | $-580.00K | $815.00K | $724.00K | $688.00K | $458.00K | $773.00K | $-447.00K | $-830.00K |
Depreciation and Amortization | $949.00K | $975.00K | $1.00M | $980.00K | $968.00K | $963.00K | $955.00K | $940.00K | $930.00K | $882.00K | $842.00K | $829.00K | $804.00K | $777.00K | $767.00K | $764.00K | $757.00K | $741.00K | $712.00K | $699.00K |
Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $-6.00K | $35.00K | $-872.00K | $-1.09M | $-825.00K | $9.00K | $9.00K | $8.00K |
Stock Based Compensation | $- | $-3.00K | $- | $476.00K | $- | $- | $- | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $1.00K | $2.00K | $1.00K | $2.00K | $1.00K | $2.00K | $1.00K |
Change in Working Capital | $-958.00K | $-1.76M | $1.29M | $469.00K | $22.00K | $-2.14M | $1.48M | $1.09M | $979.00K | $-2.72M | $1.26M | $155.00K | $43.00K | $-1.25M | $804.00K | $-106.00K | $381.00K | $-1.77M | $2.13M | $-288.00K |
Accounts Receivables | $1.63M | $2.38M | $413.00K | $-2.77M | $2.32M | $-537.00K | $2.34M | $-2.30M | $2.26M | $-2.96M | $279.00K | $-806.00K | $-15.00K | $-916.00K | $1.65M | $-1.94M | $-82.00K | $-879.00K | $3.16M | $1.03M |
Inventory | $155.00K | $162.00K | $-14.00K | $-199.00K | $54.00K | $114.00K | $-99.00K | $-270.00K | $28.00K | $41.00K | $-172.00K | $-253.00K | $49.00K | $80.00K | $-96.00K | $-228.00K | $124.00K | $38.00K | $-23.00K | $-236.00K |
Accounts Payables | $-747.00K | $-3.36M | $-283.00K | $1.64M | $-1.03M | $-926.00K | $-1.54M | $2.13M | $53.00K | $959.00K | $233.00K | $-582.00K | $1.21M | $365.00K | $-1.94M | $1.16M | $943.00K | $-409.00K | $-1.62M | $-1.68M |
Other Working Capital | $-2.00M | $-951.00K | $1.18M | $1.72M | $-1.32M | $-790.00K | $778.00K | $1.53M | $-1.36M | $-764.00K | $920.00K | $1.80M | $-1.21M | $-775.00K | $1.19M | $906.00K | $-604.00K | $-517.00K | $621.00K | $600.00K |
Other Non Cash Items | $37.00K | $-528.00K | $1.84M | $15.00K | $18.00K | $25.00K | $22.00K | $13.00K | $36.00K | $19.00K | $14.00K | $13.00K | $11.00K | $10.00K | $10.00K | $11.00K | $11.00K | $10.00K | $11.00K | $10.00K |
Net Cash Provided by Operating Activities | $-579.00K | $342.00K | $3.20M | $411.00K | $177.00K | $-323.00K | $2.25M | $246.00K | $890.00K | $-750.00K | $2.52M | $-402.00K | $273.00K | $392.00K | $1.44M | $263.00K | $784.00K | $-233.00K | $2.42M | $-400.00K |
Investments in Property Plant and Equipment | $-548.00K | $-1.00M | $-348.00K | $-355.00K | $-686.00K | $-1.00M | $-1.11M | $-1.10M | $-1.16M | $-1.93M | $-2.02M | $-1.28M | $-1.18M | $-1.43M | $-1.15M | $-668.00K | $-1.34M | $-891.00K | $-1.34M | $-977.00K |
Acquisitions Net | $- | $-7.00K | $- | $7.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $3.00K | $- | $- | $- | $- |
Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Investing Activities | $- | $7.00K | $-348.00K | $7.00K | $- | $- | $- | $- | $- | $- | $- | $- | $3.25M | $- | $- | $3.00K | $38.00K | $- | $- | $- |
Net Cash Used for Investing Activities | $-548.00K | $-1.00M | $-348.00K | $-348.00K | $-686.00K | $-1.00M | $-1.11M | $-1.10M | $-1.16M | $-1.93M | $-2.02M | $-1.28M | $-1.18M | $-1.43M | $-1.15M | $-665.00K | $-1.30M | $-891.00K | $-1.34M | $-977.00K |
Debt Repayment | $-199.00K | $-244.00K | $-215.00K | $-160.00K | $- | $- | $-184.00K | $510.00K | $430.00K | $11.58M | $-340.00K | $-300.00K | $-346.00K | $-430.00K | $-382.00K | $-287.00K | $-341.00K | $-426.00K | $2.41M | $-283.00K |
Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $142.00K | $- | $358.00K | $- | $- | $- | $- | $- | $- |
Common Stock Repurchased | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Dividends Paid | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Other Financing Activities | $- | $- | $- | $- | $826.00K | $-208.00K | $- | $- | $- | $-277.00K | $- | $142.00K | $- | $358.00K | $- | $- | $43.00K | $- | $- | $- |
Net Cash Used Provided by Financing Activities | $-199.00K | $-244.00K | $-215.00K | $-160.00K | $826.00K | $-208.00K | $-184.00K | $510.00K | $430.00K | $11.30M | $-340.00K | $-158.00K | $-346.00K | $-72.00K | $-382.00K | $-287.00K | $-298.00K | $-426.00K | $2.41M | $-283.00K |
Effect of Forex Changes on Cash | $- | $- | $- | $- | $197.00K | $- | $-948.00K | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
Net Change in Cash | $-1.33M | $9.31M | $2.61M | $-97.00K | $514.00K | $-1.53M | $959.00K | $-342.00K | $159.00K | $8.62M | $161.00K | $-1.84M | $-1.25M | $-1.11M | $-99.00K | $-689.00K | $-818.00K | $-1.55M | $3.49M | $-1.66M |
Cash at End of Period | $11.76M | $13.09M | $3.77M | $11.36M | $1.19M | $11.13M | $12.67M | $11.71M | $12.05M | $11.89M | $3.27M | $3.11M | $4.95M | $6.20M | $7.31M | $7.41M | $8.10M | $8.91M | $10.46M | $6.97M |
Cash at Beginning of Period | $13.09M | $3.77M | $1.16M | $11.45M | $673.00K | $12.67M | $11.71M | $12.05M | $11.89M | $3.27M | $3.11M | $4.95M | $6.20M | $7.31M | $7.41M | $8.10M | $8.91M | $10.46M | $6.97M | $8.63M |
Operating Cash Flow | $-579.00K | $342.00K | $3.20M | $411.00K | $177.00K | $-323.00K | $2.25M | $246.00K | $890.00K | $-750.00K | $2.52M | $-402.00K | $273.00K | $392.00K | $1.44M | $263.00K | $784.00K | $-233.00K | $2.42M | $-400.00K |
Capital Expenditure | $-548.00K | $-1.00M | $-348.00K | $-355.00K | $-686.00K | $-1.00M | $-1.11M | $-1.10M | $-1.16M | $-1.93M | $-2.02M | $-1.28M | $-1.18M | $-1.43M | $-1.15M | $-668.00K | $-1.34M | $-891.00K | $-1.34M | $-977.00K |
Free Cash Flow | $-1.13M | $-660.00K | $2.85M | $56.00K | $-509.00K | $-1.32M | $1.14M | $-852.00K | $-271.00K | $-2.68M | $501.00K | $-1.69M | $-902.00K | $-1.04M | $283.00K | $-405.00K | $-558.00K | $-1.12M | $1.08M | $-1.38M |
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SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of Avalon GloboCare Corp. - ALBT
NEW YORK , March 10, 2025 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2024 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating Avalon GloboCare Corp. (NASDAQ: ALBT ), relating to the proposed merger with YOOV Group Holding Limited.

Shareholder Alert: The Ademi Firm investigates whether Avalon GloboCare Corp. is obtaining a Fair Price for its Public Shareholders
MILWAUKEE--(BUSINESS WIRE)--The Ademi Firm is investigating Avalon (Nasdaq: ALBT) for possible breaches of fiduciary duty and other violations of law in its transaction with YOOV. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the reverse merger transaction, Avalon stockholders are expected to collectively own between approximately 2.5% to 2.2% and YOOV.

Avalon Announces the Results of its 2025 Annual and Special Meeting of Shareholders
Toronto, Ontario--(Newsfile Corp. - February 28, 2025) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), announces the results of its 2025 Annual and Special Meeting of Shareholders held in Toronto, Ontario on February 27, 2025 (the "Meeting"). At the Meeting, all seven director nominees listed in the Company's information circular dated January 14, 2025 were elected as directors of the Company.

Avalon Advanced Materials Announces 28% Increase in Measured and Indicated Mineral Resources at JV Separation Rapids Project in Ontario Canada
Toronto, Ontario--(Newsfile Corp. - February 27, 2025) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), in partnership with its Joint-Venture ("JV") partner SCR-Sibelco NV ("Sibelco"), is pleased to announce the results of an updated Mineral Resource Estimate (MRE) for the Separation Rapids Project in Kenora, Ontario. This update builds on a year of extensive drilling and data analysis, further refining the geological model of the previously announced mineral resource estimate (MRE) from Avalon's August 10, 2023, news release.

Avalon Appoints Mark N.J. Ashcroft as Strategic Consultant for Its Proposed Lake Superior Lithium Facility in Thunder Bay, ON
Toronto, Ontario--(Newsfile Corp. - February 25, 2025) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), is pleased to announce the appointment of Mark N.J. Ashcroft, P.Eng.

Tempus Now an In-Network Provider for Blue Cross Blue Shield Illinois, Blue Shield California, and Avalon Healthcare Solutions
CHICAGO--(BUSINESS WIRE)--Tempus, a technology company leading the adoption of AI to advance precision medicine and patient care, today announced that the company has signed agreements for in-network provider status with Blue Cross Blue Shield (BCBS) of Illinois, Blue Shield of California, and Avalon Healthcare Solutions, a laboratory benefit manager. As part of the agreement with Avalon, Tempus is a participating provider with BCBS North Carolina, BCBS South Carolina, BCBS Vermont, Capital Blu.

Avalon GloboCare Launches “BrAce for Impact" Affiliate Marketing Program for the KetoAir Breathalyzer Device
FREEHOLD, N.J., Nov. 18, 2024 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and laboratory services, today announced the launch of the "BrAce for Impact" affiliate marketing program for KetoAir™, a handheld breathalyzer device equipped with AI-enabled software and Hot App shareable technology, specifically designed for ketogenic health monitoring.

Avalon Announces $3.5M Financing from JV Partner and Major Shareholder Sibelco
Toronto, Ontario--(Newsfile Corp. - November 18, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce that it has completed CAD $3,500,000 in convertible debenture financing from its significant shareholder, SCR-Sibelco NV ("Sibelco"), a global leader in material solutions and a leader in the mining and processing of high purity quartz. The proceeds will be used to fund the advancement of its Lake Superior Lithium Project in Thunder Bay, the Nechalacho REE and Zirconium Project in the Northwest Territories, and for working capital and general and administrative expenses.

AVALON HOLDINGS CORPORATION ANNOUNCES THIRD QUARTER RESULTS
WARREN, Ohio, Nov. 8, 2024 /PRNewswire/ -- Avalon Holdings Corporation (NYSE Amex: AWX) today announced financial results for the third quarter of 2024. Net operating revenues in the third quarter of 2024 were $24.2 million compared with $24.0 million in the third quarter of 2023.

Avalon Enters into Strategic Collaboration with Qualcomm for Mining Innovation and Technology Solutions in Canada
Toronto, Ontario--(Newsfile Corp. - November 6, 2024) - Consistent with its strategy to become a leading North American vertically integrated lithium producer, Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), is pleased to announce it has signed a memorandum of understanding with Qualcomm Technologies Inc. (the "MOU") on a strategic collaboration focused on Avalon's Thunder Bay lithium processing facility, advancing cutting-edge digital solutions that enhance operational efficiency and optimize data management. Under the MOU, Avalon intends to leverage Qualcomm Technologies' Industrial & Edge technologies to create a robust digital infrastructure to support mining activities across Avalon's operations.

Avalon GloboCare and Qi Diagnostics Enter into Memorandum of Understanding for Proposed Co-Development of Real-Time Cannabis Breathalyzer for Detecting Potential Impaired Driving
FREEHOLD, N.J., Oct. 25, 2024 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative precision diagnostics and laboratory services, today announced that it entered into a memorandum of understanding (the “MOU”) with Qi Diagnostics Limited (“Qi Diagnostics”), a nanosensor-based diagnostic technologies company, to explore a proposed strategic collaboration to co-develop a VOC (volatile organic compound) nanosensor-based point-of-care cannabis breathalyzer. The MOU provides Avalon with an exclusivity period of 120 days (the “Exclusivity Period”), during which Avalon intends to negotiate with Qi Diagnostics and enter into a definitive agreement regarding the proposed strategic collaboration.

Avalon Unveils Video Rendering for the Thunder Bay Lithium Project Following PEA Completion
Toronto, Ontario--(Newsfile Corp. - September 17, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to share the release of a new video rendering showcasing the design and layout of the proposed processing facility at the Lake Superior Lithium Project in Thunder Bay, Ontario (the "Project"). Cannot view this video?

Avalon Advances Sustainability Efforts with Proposed Solar Farm at its Thunder Bay Industrial Site
Toronto, Ontario--(Newsfile Corp. - September 11, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), is pleased to announce plans to develop a zero-emission solar farm at its 100% owned Thunder Bay industrial site, the future home of Avalon's planned lithium processing facility. This initiative underscores Avalon's commitment to sustainability and positions the province as a leader in advanced manufacturing and clean energy.

Avalon Advanced Materials Further Intersects 1.54% Li2O over 136.95 meters at Big Whopper Deposit, Separation Rapids JV
Toronto, Ontario--(Newsfile Corp. - August 19, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), in conjunction with its Joint-Venture ("JV") partner SCR-Sibelco NV ("Sibelco"), is pleased to report the second and final batch of drill results for the 2024 winter drill campaign (which totaled 10 holes) from the Separation Rapids Project in Kenora, Ontario (the "Project"). See Figure 1.

Avalon Undertakes a Mineral Resource Estimate Update following Positive Drill Results for Separation Rapids JV, ON
Toronto, Ontario--(Newsfile Corp. - August 13, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company"), in conjunction with its Joint-Venture ("JV") partner SCR-Sibelco NV ("Sibelco"), is delighted to announce the commencement of an upcoming mineral resource update for the Separation Rapids Project in Kenora, Ontario. Managed by the Joint Venture Company Separation Rapids Ltd.

Avalon's Laboratory Services MSO Launches DNA Testing Kit for Predisposition to Opioid Addiction
Direct-To-Consumer, Non-Invasive Kit is Available in the U.S. for Convenient At-Home Sample Collection Direct-To-Consumer, Non-Invasive Kit is Available in the U.S. for Convenient At-Home Sample Collection

Avalon Advanced Materials intersects 1.67% Li2O over 105.6m and 1.68% Li2O over 66.2m at Big Whopper Deposit, Separation Rapids
Toronto, Ontario--(Newsfile Corp. - July 22, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) is pleased to report the first batch of drill results for the 2024 winter drill campaign (total 10 holes) from the Separation Rapids Project in Kenora, Ontario (the "Project"). See Figure 1.

Avalon GloboCare unveils KetoAir breathalyzer at KetoCon 2024
Avalon GloboCare Corp (NASDAQ:ALBT) said it had successfully launched its KetoAir breathalyzer in the US at the Hack Your Health by KetoCon 2024 Conference. Avalon CEO David Jin told shareholders that the booth at the event in Austin “attracted a diverse group of potential clients and partners, including doctors, disease management companies, health and keto coaches, consumers, keto product manufacturers, and service providers interested in establishing a marketplace on our app and device.

Avalon Announces Results of Independent Valuation Report for the Site of its Planned Thunder Bay Lithium Processing Facility
Toronto, Ontario--(Newsfile Corp. - May 27, 2024) - Avalon Advanced Materials Inc. (TSX: AVL) (OTCQB: AVLNF) ("Avalon" or the "Company") is pleased to announce the results of an order of magnitude site infrastructure valuation report prepared by AFRY Canada ("AFRY") for the site of Avalon's proposed lithium processing facility in Thunder Bay, Ontario. The report highlights that the replacement cost of the infrastructure at Avalon's Thunder Bay site, factoring in its current condition, is estimated to be $46 million.

Avalon GloboCare Receives Notice from Nasdaq Regarding Delayed Quarterly Report
FREEHOLD, N.J., May 24, 2024 (GLOBE NEWSWIRE) -- Avalon GloboCare Corp. (“Avalon” or the “Company”) (NASDAQ: ALBT), a developer of innovative cell-based technology, cellular therapy and precision diagnostics, today announced that it received a notice (the “Notice”) on May 22, 2024 from The Nasdaq Stock Market LLC (“Nasdaq”) stating that the Company is not in compliance with the requirements for continued listing under Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) because the Company has not yet filed its Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2024 (the “Quarterly Report”) with the Securities and Exchange Commission (the “SEC”).

AVALON HOLDINGS CORPORATION ANNOUNCES FIRST QUARTER RESULTS
WARREN, Ohio , May 8, 2024 /PRNewswire/ -- Avalon Holdings Corporation (NYSE Amex:AWX) today announced financial results for the first quarter of 2024. Net operating revenues in the first quarter of 2024 were $18.9 million compared with $18.4 million in the first quarter of 2023.

AVALON HOLDINGS CORPORATION ANNOUNCES 2023 FULL YEAR AND FOURTH QUARTER RESULTS
WARREN, Ohio , March 21, 2024 /PRNewswire/ -- Avalon Holdings Corporation (NYSE Amex:AWX) today announced financial results for the fourth quarter and fiscal year ended December 31, 2023. Net operating revenues in the fourth quarter of 2023 were $17.6 million compared with $21.6 million in the fourth quarter of 2022.

Avalon Park Group Holding AG and Avalon Park International LLC Enter into Stock Purchase Agreement with Gentex Corporation
Beat Kahli, President of VOXX International Corporation (VOXX) and Controlling Partner of Avalon Park Entities Agrees to Sell 50% of APG Holdings in VOXX Gentex to Own ~15.1% of VOXX's Class A Common Stock Following the Transactions ORLANDO, Fla. , Oct. 10, 2023 /PRNewswire/ -- Avalon Park Group ("APG"), a diversified family of companies across multiple industries and geographies, is pleased to announce today that it has entered into Stock Purchase Agreement with Gentex Corporation (NASDAQ: GNTX) to sell 50% of its total ownership stake in VOXX International Corporation (NASDAQ: VOXX).

AVALON HOLDINGS CORPORATION ANNOUNCES SECOND QUARTER RESULTS
WARREN, Ohio , Aug. 11, 2023 /PRNewswire/ -- Avalon Holdings Corporation (NYSE Amex: AWX) today announced financial results for the second quarter of 2023. Net operating revenues in the second quarter of 2023 were $20.6 million compared with $19.5 million in the second quarter of 2022.

Avalon GloboCare says CEO to present S-layer nanotechnology, QTY code platforms at 2021 World Stem Cell Summit
Avalon GloboCare Corp (NASDAQ:AVCO) has announced that its CEO David Jin will chair a session on “Hot Topics and Future Trends” at the 2021 World Stem Cell Summit, held virtually June 14-18, 2021. The session will feature Avalon's two breakthrough technology platforms, S-layer nanotechnology and QTY code, in co-development with the Massachusetts Institute of Technology (MIT) and the University of Natural Resources and Life Sciences in Vienna (BOKU), respectively.

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