Business
Avino Reports Exceptional 2025 Results and Advances Multi-Asset Growth Strategy; Significant Improvements Across Key Financial Metrics; Treasury Reaches Record Levels
VANCOUVER, BC / ACCESS Newswire / March 10, 2026 / Avino Silver & Gold Mines Ltd. (TSX:AS...
About this update from Avino Silver & Gold Mines Ltd.
[{"type":"text","content":"Avino Reports Exceptional 2025 Results and Advances Multi-Asset Growth Strategy; Significant Improvements Across Key Financial Metrics; Treasury Reaches Record LevelsVANCOUVER, BC / ACCESS Newswire / March 10, 2026 / Avino Silver & Gold Mines Ltd. (TSX:ASM)(NYSE American:ASM)(FSE:GV6) a long-standing silver producer in Mexico, announces its audited consolidated financial results for the fourth quarter and year ended December 31, 2025. All amounts are in U.S. dollars unless stated otherwise.Fourth Quarter 2025 Financial HighlightsRecord Revenues: The Company achieved a record $30.5 million in revenues for Q4 2025, an increase of 25% from Q4 2024, our previous quarterly record. Further, this quarter represented a return to primary silver production and revenues, with 54% of its revenues coming from silver at an average realized price of $59.52 per ounce.Record Mine Operating Income: Mine operating income was $17.8 million, an increase of 71% from Q4 2024.Record Net Income: Earnings, or net income after taxes, was $10.5 million, or $0.06 per share, both representing quarterly records.Record Earnings Before Interest, Taxes, Depreciation and Amortization (\"EBITDA\")3 and Adjusted Earnings3: EBITDA was $14.4 million, an increase of 58% from Q4 2024. Adjusted earnings were $16.3 million, or $0.10 per share, an increase of 62% and 43%, respectively, from Q4 2024.Record Operating Cash Before Working Capital Movements3: The Company generated record operating cash before working capital movements of $19 million, an increase of 219% compared to Q4 2024.Record MineOperating Cash Flow Before Taxes: Mine operating cash flows before taxes were $19.0 million, an increase of 60% from Q4 2024.Return to Primary Silver Production: The Company's silver equivalent production consisted of over 50% silver production for the first quarter since the Company was operating the San Gonzalo Mine. This milestone was driven by the processing of development material from its La Preciosa Mine at the Avino processing facility.Full Year 2025 Financial HighlightsRecord Treasury & Net Cash Position: At the end of 2025,The Company had a record all-time cash balance of $102 million, an increase of 272% from the end of 2024. This represents the highest balance in the Company's history and positions the Company to execute on its organic growth plans.Record Reven...