Avalon Advanced Mtrls (AVLNF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Nov 2, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the filing for FY2020, filed Nov 27, 2020. Each column of the statement tables below links to the filing it was taken from.
Avalon Advanced Mtrls (AVLNF) reported $103K in revenue for fiscal year 2020, up 157.9% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings.
Financial Health Signals
We do not publish a peer-relative financial health score for Avalon Advanced Mtrls, because the score only covers companies whose filings and listing give us what it needs to compare them with their peers. The signals and metrics below are current.
Avalon Advanced Mtrls scores 5.71, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $18.7M against total liabilities of $1.6M. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Avalon Advanced Mtrls passes 3 of 7 computable financial strength tests (2 of the nine could not be computed from available data). 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, the one computable operating efficiency signal (asset turnover improving) passes.
Avalon Advanced Mtrls reported a net loss of $4.1M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal.
Avalon Advanced Mtrls reported an operating loss of $6.0M against $33K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.
Key Financial Metrics
Earnings & Revenue
Avalon Advanced Mtrls generated $103K in revenue in fiscal year 2020. This represents an increase of 157.9% from the prior year.
Avalon Advanced Mtrls reported a net loss of $4.1M in fiscal year 2020. This represents a decrease of 261.6% from the prior year.
Not reported for fiscal year 2020.
Not reported for fiscal year 2020.
Cash & Balance Sheet
Avalon Advanced Mtrls recorded an outflow of $1.5M in free cash flow in fiscal year 2020, representing a cash shortfall after capex. The change from the prior year is not meaningful, because that figure was zero or negative.
Avalon Advanced Mtrls held $994K in cash as of fiscal year 2020; no long-term debt figure is on record for that period.
Not reported for fiscal year 2020.
Margins & Returns
Avalon Advanced Mtrls's ROE was -4.7% in fiscal year 2020, measuring profit generated per dollar of shareholder equity. This is down 7.5 percentage points from the prior year.
Not reported for fiscal year 2020.
Not shown for fiscal year 2020: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Not shown for fiscal year 2020: the reported ratio is below -100.0% of revenue, so it does not read as a share of revenue.
Capital Allocation
Avalon Advanced Mtrls invested $23K in capex in fiscal year 2020, funding long-term assets and infrastructure. This represents a decrease of 79.9% from the prior year.
Not reported for fiscal year 2020.
Not reported for fiscal year 2020.
AVLNF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY20Filing | FY19Filing | FY18Filing | FY17Filing | FY16Filing |
|---|---|---|---|---|---|
| Revenue | $103K+157.9% | $40K-15.6% | $47K+109.7% | $23K | N/A |
| Operating Income | -$6.0Mn/m | -$2.7Mn/m | -$2.6M | N/A | N/A |
| Interest Expense | $33K-75.0% | $134K-72.5% | $486K+1.1% | $480K+5849.2% | $8K |
| Net Income | -$4.1M-261.6% | $2.5Mn/m | -$2.5M | N/A | N/A |
| Diluted Shares (Avg) | 334M+21.2% | 276M+28.2% | 215M+14.5% | 188M+12.4% | 167M |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, EBITDA, Income Tax, EPS (Basic), EPS (Diluted).
AVLNF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY20Filing | FY19Filing | FY18Filing | FY17Filing | FY16Filing |
|---|---|---|---|---|---|
| Total Assets | $89.5M-4.1% | $93.3M0.0% | $93.3M-3.1% | $96.2M | N/A |
| Current Assets | $1.3M-65.6% | $3.7M+681.1% | $478K-56.2% | $1.1M | N/A |
| Cash & Equivalents | $994K-29.8% | $1.4M+480.1% | $244K-71.5% | $858K-17.3% | $1.0M |
| Total Liabilities | $1.6M-63.1% | $4.4M+23.3% | $3.5M+7.1% | $3.3M | N/A |
| Current Liabilities | $801K-75.4% | $3.3M+401.0% | $649K-5.7% | $688K | N/A |
| Non-Current Liabilities | $807K-26.7% | $1.1M-61.8% | $2.9M+10.5% | $2.6M | N/A |
| Total Equity | $87.8M-1.2% | $89.0M-0.9% | $89.7M-3.4% | $92.9M+4.2% | $89.2M |
| Retained Earnings | -$66.6Mn/m | -$61.3Mn/m | -$59.7Mn/m | -$59.8M | N/A |
Not reported in any period shown, so not listed: Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Long-Term Debt.
AVLNF Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY20Filing | FY19Filing | FY18Filing | FY17Filing | FY16Filing |
|---|---|---|---|---|---|
| Operating Cash Flow | -$1.5Mn/m | -$1.7Mn/m | -$2.0Mn/m | -$2.2Mn/m | -$2.5M |
| Capital Expenditures | $23K-79.9% | $113K-46.9% | $212K+108.2% | $102K-36.5% | $161K |
| Free Cash Flow | -$1.5Mn/m | -$1.8Mn/m | -$2.2Mn/m | -$2.3Mn/m | -$2.6M |
| Investing Cash Flow | $794K-53.8% | $1.7Mn/m | -$1.8Mn/m | -$1.8Mn/m | -$2.8M |
| Financing Cash Flow | $230K-80.4% | $1.2M-63.0% | $3.2M-16.6% | $3.8M+65.3% | $2.3M |
Not reported in any period shown, so not listed: Depreciation & Amortization, Stock-Based Compensation, Dividends Paid, Share Buybacks.
AVLNF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | FY20Filing | FY19Filing | FY18Filing | FY17Filing | FY16Filing |
|---|---|---|---|---|---|
| Operating Margin | -5806.0% | -6678.3% | -5599.1% | N/A | N/A |
| Net Margin | -4001.3% | 6386.5% | -5245.9% | N/A | N/A |
| Return on Equity | -4.7%-7.5pp | 2.9%+5.6pp | -2.8% | N/A | N/A |
| Return on Assets | -4.6%-7.3pp | 2.7%+5.4pp | -2.7% | N/A | N/A |
| Current Ratio | 1.61+0.5x | 1.15+0.4x | 0.74-0.9x | 1.59 | N/A |
| Liabilities-to-Equity | 0.020.0x | 0.050.0x | 0.040.0x | 0.04 | N/A |
| Asset Turnover | 0.000.0x | 0.000.0x | 0.000.0x | 0.00 | N/A |
| FCF Margin | -1453.8% | -4584.9% | -4629.3% | -10215.4% | N/A |
Not reported in any period shown, so not listed: Gross Margin, Debt-to-Equity.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin, FCF Margin.
Where Avalon Advanced Mtrls Ranks
Frequently Asked Questions
Avalon Advanced Mtrls (AVLNF) reported $103K in total revenue for fiscal year 2020. This represents a 157.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
Avalon Advanced Mtrls (AVLNF) revenue grew by 157.9% year-over-year, from $40K to $103K in fiscal year 2020.
No, Avalon Advanced Mtrls (AVLNF) reported a net loss of $4.1M in fiscal year 2020.
Avalon Advanced Mtrls (AVLNF) has a return on equity of -4.7% for fiscal year 2020, measuring how efficiently the company generates profit from shareholder equity.
Avalon Advanced Mtrls (AVLNF) recorded an outflow of $1.5M in free cash flow during fiscal year 2020. The change from the previous fiscal year is not meaningful, because that year’s figure was zero or negative. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
Avalon Advanced Mtrls (AVLNF) recorded an outflow of $1.5M in operating cash flow during fiscal year 2020, representing cash used by core business activities.
Avalon Advanced Mtrls (AVLNF) had $89.5M in total assets as of fiscal year 2020, including both current and long-term assets.
Avalon Advanced Mtrls (AVLNF) invested $23K in capital expenditures during fiscal year 2020, funding long-term assets and infrastructure.
Avalon Advanced Mtrls (AVLNF) had a current ratio of 1.61 as of fiscal year 2020, which is generally considered healthy.
Avalon Advanced Mtrls (AVLNF) had a liabilities-to-equity ratio of 0.02 as of fiscal year 2020, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity. No debt-to-equity ratio is shown for fiscal year 2020, because the filing data we hold for that year carries no long-term debt figure.
Avalon Advanced Mtrls (AVLNF) had a return on assets of -4.6% for fiscal year 2020, measuring how efficiently the company uses its assets to generate profit.
Avalon Advanced Mtrls (AVLNF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2020). The market capitalization is $18.7M as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Avalon Advanced Mtrls (AVLNF) trades at 181x sales, its market capitalization divided by $103K revenue, FY2020. The market capitalization is $18.7M as of Nov 2, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Avalon Advanced Mtrls (AVLNF) has an Altman Z-Score of 5.71, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
Avalon Advanced Mtrls (AVLNF) has a Piotroski F-Score of 3 out of 7 computable signals; 2 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Avalon Advanced Mtrls (AVLNF) reported a net loss of $4.1M while operations used $1.5M of cash. With neither figure positive, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Avalon Advanced Mtrls (AVLNF) reported an operating loss of $6.0M against $33K in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.