AVALON HOLDINGS CORPORATION
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $83.5M | $83.8M | $80.9M | $81.2M | $70.4M | $58.7M | $68.4M | $62.2M |
| Cost of Revenue | $67.2M | $66.6M | $66.7M | — | — | — | — | — |
| Gross Profit | $16.3M | $17.2M | $14.2M | — | — | — | — | — |
| Gross Margin | 19.5% | 20.6% | 17.5% | — | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $10.5M | $10.2M | $10.2M | $10.1M | $9.9M | $8.7M | $9.4M | $9.0M |
| Operating Income | $2.0M | $3.1M | $111.0K | $347.0K | $561.0K | $124.0K | $133.0K | $-2.7M |
| Operating Margin | 2.4% | 3.7% | 0.1% | 0.4% | 0.8% | 0.2% | 0.2% | -4.3% |
| Interest Expense | — | — | $2.1M | $1.5M | $1.2M | $1.2M | $837.0K | $675.0K |
| Pretax Income | $-17.0K | $1.0M | $-2.0M | $-886.0K | $1.7M | $52.0K | $-375.0K | $-3.1M |
| Income Tax Expense | $82.0K | $90.0K | $57.0K | $94.0K | $89.0K | $98.0K | $160.0K | $167.0K |
| Net Income | $321.0K | $1.3M | $-1.8M | $-583.0K | $2.0M | $14.0K | $-455.0K | $-1.1M |
| Net Margin | 0.4% | 1.6% | -2.2% | -0.7% | 2.8% | 0.0% | -0.7% | -1.8% |
| EPS (Basic) | $0.08 | $0.34 | $-0.46 | $-0.15 | $0.51 | $0.00 | $-0.12 | $-0.30 |
| EPS (Diluted) | — | — | — | $-0.15 | $0.50 | $0.00 | $-0.12 | $-0.30 |
| Shares Outstanding (Basic) | 3.9M | 3.9M | 3.9M | 3.9M | 3.9M | 3.9M | 3.9M | 3.8M |
| Shares Outstanding (Diluted) | 3.9M | 3.9M | 3.9M | 3.9M | 3.9M | 3.9M | 3.9M | 3.8M |
| Dividends Per Share | — | — | — | — | — | — | — | — |