Avino Silver & Gold Mines .(ASM) - 2023 Q2 - Earnings Call Presentation

Financial Performance - Revenues decreased by 2% from $9.3 million in Q2 2022 to $9.2 million in Q2 2023[24] and decreased by 7% from $20.4 million in YTD 2022 to $19.0 million in YTD 2023[24] - Mine operating income decreased by 73% from $3.9 million in Q2 2022 to $1.0 million in Q2 2023[24] and decreased by 67% from $8.6 million in YTD 2022 to $2.9 million in YTD 2023[24] - Net income decreased by 50% from $2.3 million in Q2 2022 to $1.1 million in Q2 2023[24] and decreased by 73% from $2.9 million in YTD 2022 to $0.8 million in YTD 2023[24] - Cash provided by operating activities decreased by 86% from $3.7 million in Q2 2022 to $0.5 million in Q2 2023[24] and decreased by 87% from $7.1 million in YTD 2022 to $1.0 million in YTD 2023[24] - Free cash flow decreased by 202% from $1.2 million in Q2 2022 to $(1.2) million in Q2 2023[24] and decreased by 224% from $3.7 million in YTD 2022 to $(4.6) million in YTD 2023[24] Production and Exploration - Silver equivalent production reached 587 thousand ounces in Q2 2023[10] - Hole ET-23-09 shows 296 AgEq g/t over 57 metres true width, including 407 AgEq g/t over 37 metres true width and 2,866 AgEq g/t over 3.43 metres true width[17] - Measured Resources for Oxide Tailings Project is 3,809,000 Mt, with 63 g/t of Ag, 0.48 g/t of Au, and 102 g/t of AgEq[20] - Indicated Resources for Oxide Tailings Project increased by 68% from 1,120,000 Mt in 2021 to 1,877,000 Mt in 2023[20]