Wed, May 7, 9:07 PM (15 days ago)
**Avalon Holdings Corporation (AWX) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** $16.1 million, down from $18.9 million in Q1 2024. - **Net Loss:** $1.5 million, or $0.38 per share, compared to a net loss of $1.0 million, or $0.25 per share, in Q1 2024. - **Operating Loss:** $1.2 million, wider than the $0.5 million loss in Q1 2024. - **Cash Flow:** Negative $982,000 from operations, compared to positive $411,000 in Q1 2024. **Segment Performance:** - **Waste Management Services:** Revenue down to $9.7 million from $12.5 million, with a gross margin of 22%. - **Golf & Related Operations:** Revenue stable at $6.4 million, with increased costs due to wages and utilities. **Cash Flow & Liquidity:** - **Capital Expenditures:** $0.5 million, primarily for hotel renovations. - **Working Capital:** Deficit of $2.3 million, impacted by increased accounts payable and accrued liabilities. - **Debt:** Compliance with term loan and line of credit agreements, with $3.2 million outstanding under the line of credit. **Trends & Uncertainties:** - **Regulatory Risks:** Ongoing legal battles over saltwater injection wells. - **Economic Sensitivity:** Vulnerable to economic downturns and inflation. - **Seasonality:** Golf operations dependent on weather conditions. **Future Operations:** - **Growth Strategy:** Focus on internal growth, customer retention, and market expansion. - **Capital Expenditures:** Expected to range from $2.5 million to $3.5 million in 2025, funded by project fund cash and operational cash flow. **Ticker:** AWX **Exchange:** NYSE American