Avino Silver & Gold Mines Ltd (ASM) Q1 2025 Earnings Call May 14, 2025 11:00 AM ET Speaker0 and welcome to the Avino Silver and Gold Mines First Quarter twenty twenty five Financial Results Conference Call and Webcast. As a reminder, all participants are in a listen only mode and the conference is being recorded. After the presentation, there will be an opportunity to ask questions. I would now like to turn the conference over to Jennifer North, Head of Investor Relations. Ma'am, please go ahead. Speaker1 T ...

Avino Silver (ASM) came out with quarterly earnings of $0.07 per share, beating the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 133.33%. A quarter ago, it was expected that this company would post earnings of $0.03 per share when it actually produced earnings of $0.07, delivering a surprise of 133.33%.Over the last four quarters, the company ha ...

Financial Performance - Record Q4 2024 revenues of $244 million, a 95% increase compared to Q4 2023's $125 million[19, 21] - FY 2024 revenues reached a record $662 million, a 51% increase from $439 million in FY 2023[19, 21] - Net income for FY 2024 was $81 million, or $006 per share, significantly higher than the $05 million in FY 2023[19, 21] - Free cash flow generation for FY 2024 was $165 million, a 335% increase compared to $(70) million in FY 2023[19, 21] Production and Costs - 2024 production reached 26 million silver equivalent ounces[12] - 2025 production target is set between 25 million and 28 million silver equivalent ounces[12] - Cash costs per silver equivalent ounce in FY 2024 were $1484, a 5% reduction from FY 2023[24] - All-in sustaining cash costs per silver equivalent ounce in FY 2024 were $2057, a 6% reduction from FY 2023[24] La Preciosa & Oxide Tailings Project - Consolidated NI 43-101 mineral resources total 371 million silver equivalent ounces as of October 16, 2023[12] - Oxide Tailings Project has proven and probable mineral reserves of 67 million tonnes at a silver grade of 55 g/t and a gold grade of 047 g/t[12] - La Preciosa property contains indicated resources of 174 million tonnes with 176 g/t Ag and 034 g/t Au, equating to 99 million ounces of silver and 189 thousand ounces of gold[40]

EXHIBIT 99.1 AVINO SILVER & GOLD MINES LTD. Condensed Consolidated Interim Statements of Financial Position (Expressed in thousands of US dollars - Unaudited) | | | | March 31, | | December 31, | | --- | --- | --- | --- | --- | --- | | | Note | | 2025 | | 2024 | | ASSETS | | | | | | | Current assets | | | | | | | Cash | | $ | 26,627 | $ | 27,317 | | Amounts receivable | | | 5,874 | | 3,350 | | Amounts due from related parties | 10(b) | | 146 | | 18 | | Taxes recoverable | 4 | | 549 | | 195 | | Prepaid expen ...

Core Points - ASM International N.V. held its Annual General Meeting on May 12, 2025, where shareholders approved all proposed resolutions [1][2] - The annual accounts for 2024 were adopted, and a positive advisory vote was cast on the 2024 remuneration report [2] - A regular dividend of €3.00 per common share was approved [2] Management and Board Appointments - Mr. Verhagen was reappointed as a member of the Management Board for a two-year term [2] - Ms. Van der Meer Mohr and Mr. Sanchez were reappointed as members of the Supervisory Board for a second four-year term, while Ms. Kahle-Galonske was reappointed for a third term of one year [2] Auditor Reappointment - EY Accountants B.V. was reappointed as the auditor for the annual accounts for the financial year 2026 and appointed as the assurance provider for sustainability information for the financial years 2025 and 2026 [2]

Group 1 - ASM International N.V. has conducted share repurchases totaling 17,580 shares at an average price of €440.14, amounting to a total repurchased value of €7,737,735 [1][2] - The share buyback program, which commenced on April 30, 2025, has a total budget of €150 million, with 7.4% of the program completed to date [2] - ASM International specializes in designing and manufacturing equipment and process solutions for semiconductor device production, with operations in the United States, Europe, and Asia [2]

Core Insights - Identifying stocks with healthy returns can be challenging, and liquidity levels serve as a good indicator of a company's financial health [1][2] - High liquidity stocks are in demand due to their potential for maximum returns, but investors should also consider asset utilization efficiency [2][3] Liquidity Measures - **Current Ratio**: Measures current assets against current liabilities; a ratio below 1 indicates more liabilities than assets, while a range of 1-3 is ideal [4] - **Quick Ratio**: Indicates a company's ability to pay short-term obligations, with a desirable ratio of more than 1 [5] - **Cash Ratio**: The most conservative measure, focusing on cash and equivalents relative to current liabilities; a ratio greater than 1 is desirable but may indicate inefficiency [6] Screening Parameters - Asset utilization is included as a screening criterion, defined as total sales over the last 12 months divided by the average total assets over the last four quarters; a higher ratio than the industry average indicates efficiency [7][8] - Stocks are further screened using a proprietary Growth Score, with a Zacks Rank of 1 (Strong Buy) and a Growth Score of A or B to ensure solid growth potential [9] Selected Stocks - **Avino Silver & Gold Mines Ltd. (ASM)**: Reported an 8% increase in silver equivalent production year-over-year, with Q4 2024 revenues surging 95% to $24 million, surpassing estimates [11] - **Pagaya Technologies Ltd. (PGY)**: Achieved total revenues of $290 million, an 18% increase year-over-year, and raised $1.4 billion through three transactions [13][14] - **EverQuote, Inc. (EVER)**: Total revenues increased 83% year-over-year to $166.6 million, with automotive insurance revenues rising 97% [15][16] - **Sezzle Inc. (SEZL)**: Reported a 123.3% year-over-year revenue increase, raising its 2025 outlook due to strong demand [17][18]

Wall Street expects a year-over-year increase in earnings on higher revenues when Avino Silver (ASM) reports results for the quarter ended March 2025. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on May 13, 2025, might help the stock move higher if these key numbers are better than expecta ...

Group 1 - ASM International N.V. has initiated a share buyback program worth €150 million, starting on April 30, 2025 [2][3] - As of May 2, 2025, the company has repurchased a total of 7,931 shares at an average price of €432.27, amounting to a total repurchased value of €3,428,346 [1][2] - The share buyback program has seen 2.3% of the total amount repurchased so far [2] Group 2 - ASM International is headquartered in Almere, the Netherlands, and specializes in designing and manufacturing equipment for semiconductor device production [3] - The company's common stock is traded on the Euronext Amsterdam Stock Exchange under the symbol ASM [3]

Group 1 - The article emphasizes a fundamentals-based approach to value investing, focusing on companies with long-term durability and robust balance sheets rather than merely low multiples [1] - It highlights the misconception that low multiple stocks are inherently cheap, advocating for a focus on steady long-term growth and minimal cyclicality [1] - The author acknowledges the risks associated with investing in successful companies, particularly the potential to overpay, while also noting that in certain situations, the growth potential can outweigh immediate price concerns [1]