Welcome to our dedicated page for Avalon Holdings SEC filings (Ticker: AWX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Avalon Holdings Corporation filings document governance, shareholder voting, financing arrangements and material events for its waste management and resort-related operations. Proxy materials describe annual meeting proposals, director elections by Class A Common Stock and Class B Common Stock holders, and advisory votes on executive compensation.
Form 8-K reports include annual meeting voting results and material definitive agreements, including amendments to the company’s line of credit. These filings also provide public-company identifiers and formal disclosure for an Ohio operating company whose business includes waste management services, captive landfill management, saltwater injection well operations, and Avalon Resorts and Clubs assets.
Avalon Holdings Corporation reported the results of its May 5, 2026 annual meeting of stockholders. Holders of Class B Common Stock unanimously elected Ronald E. Klingle, Michael J. Havalo, and Christine M. Bell as directors, each receiving 6,115,350 votes for and no votes withheld.
Holders of Class A Common Stock elected Kurtis D. Gramley and Stephen L. Gordon as directors, with significant broker non-votes recorded. Stockholders also approved the executive compensation of the named executive officers in a non-binding advisory vote, with 6,368,993 votes for, 654,966 against, 18,089 abstentions, and 2,348,818 broker non-votes.
Avalon Holdings Corporation reported a smaller loss on higher sales for the three months ended March 31, 2026. Total net operating revenues rose to $17.7 million from $16.1 million, driven by waste management services, which generated $11.5 million, and golf and related operations with $6.2 million.
The company posted a net loss attributable to common shareholders of $1.2 million, improving from a $1.5 million loss a year earlier, with basic loss per share at $0.32. Operating loss narrowed as revenues increased while costs grew more slowly. Cash and cash equivalents were $2.4 million and restricted cash tied to remodeling projects was $8.5 million.
Total assets were $87.5 million, supported by significant property and equipment, while long-term debt under the 2022 term loan was about $27.9 million and the line of credit balance was $3.2 million. Net cash used in operating activities was $1.3 million, and capital spending focused on The Grand Resort and Squaw Creek pool renovations.
Avalon Holdings Corporation has called its annual shareholder meeting for May 5, 2026 at The Grand Resort in Warren, Ohio. Shareholders of record as of March 9, 2026 can vote in person or by internet, phone or mail.
Holders of Class A and Class B Common Stock will elect five directors, with Class A holders choosing two and Class B holders choosing three. A separate advisory “say‑on‑pay” vote will ask shareholders to approve disclosed executive compensation.
The company is a controlled company because Chairman and CEO Ronald E. Klingle beneficially holds 20.0% of total common stock and 66.8% of total voting power as of March 9, 2026, allowing him to influence director nominations, committee independence and voting outcomes.
Avalon Holdings Corporation is an Ohio-based company with two main segments: waste management services and golf and related operations. Waste activities, including brokerage, captive landfill management and saltwater injection wells, generated about 55% of 2025 consolidated net operating revenues, with one customer providing 10% of total revenue.
The golf and related segment, contributing about 45% of revenues, operates four country club golf courses, The Grand Resort hotel, an athletic club and wellness offerings such as a medical spa and a dermatology center, all concentrated in northeast Ohio and western Pennsylvania, and heavily influenced by weather and local demand.
The company emphasizes regulatory, environmental, and economic risks, including strict oversight and prolonged legal disputes around suspended saltwater disposal wells, sensitivity of club membership levels, labor availability, inflation, and credit risk. As of December 31, 2025, Avalon employed 799 people and remained majority voting-controlled by management through high-vote Class B shares.
AWX received a notice of proposed sale of restricted or control securities under Rule 144. A holder plans to sell 20,000 shares of AWX common stock through Fidelity Private Client Group on the NYSE, with an aggregate market value of $60,000. The filing indicates that the issuer has 1,180,150 shares outstanding and lists an approximate sale date of February 13, 2026. The seller originally acquired 100,000 common shares on June 30, 1998 on the NYSE, funded with personal finances.
Avalon Holdings (AWX) reported Q3 2025 results with total net operating revenues of $25.746M, up from $24.235M a year ago. Operating income was $2.346M and net income attributable to common shareholders was $1.902M versus $1.840M last year, producing basic EPS of $0.49 compared to $0.47. Waste management services contributed $12.918M and golf and related operations $12.828M, a roughly even split.
For the nine months, revenues were $62.067M versus $66.150M, and net income attributable to common shareholders was $0.677M versus $1.815M. Cash from operations was $3.505M, with capital expenditures of $1.283M. Cash, cash equivalents and restricted cash totaled $13.250M at quarter-end, including restricted cash of $8.699M for resort projects.
On the balance sheet, total assets were $90.686M. Long‑term debt (net) was $28.190M, and the line of credit had $3.200M outstanding; its maturity was extended to July 31, 2027. One customer represented 22% of consolidated receivables. Salt water injection well operations remained suspended with no revenues.
Avalon Holdings Corporation amended its existing business loan by entering a Change in Terms Agreement with Wesbanco Bank, Inc. on September 24, 2025. The amendment extends the Line of Credit Agreement maturity from July 31, 2026 to July 31, 2027. As of September 24, 2025, the company had $3,200,000 drawn under the line. The filing attaches the Change in Terms Agreement as Exhibit 10.1 and references the original Line of Credit Agreement dated September 23, 2024. No additional financial statements or other material amendments are disclosed in this report.
Avalon Holdings (AWX) reported consolidated net operating revenues of $20.252 million for the three months ended June 30, 2025, down from $23.057 million a year earlier. For the six months, revenues were $36.320 million versus $41.915 million in 2024. Avalon recorded net income attributable to common shareholders of $0.274 million ($0.07 per share) in Q2 2025 and a six-month net loss attributable to shareholders of $1.225 million (loss of $0.31 per share).
The waste management segment remained the primary profit contributor in the quarter, though waste management revenues fell year-over-year. Cash, cash equivalents and restricted cash totaled $12.685 million (including $8.971 million restricted for resort project funding). Long-term debt, net of current portion, was $28.344 million and the company had $3.2 million outstanding on its line of credit. Working capital showed a deficit of approximately $1.7 million. Avalon states it was in compliance with loan covenants at June 30, 2025. Ongoing legal matters related to the suspension of an AWMS injection well remain active, with appellate proceedings noted.