StockNews.AI
AWX
StockNews.AI
11 days

AVALON HOLDINGS CORPORATION ANNOUNCES SECOND QUARTER RESULTS

1. AWX reported Q2 2025 revenues of $20.3 million, down from last year. 2. Net income fell to $0.3 million from $1.0 million year-on-year. 3. For H1 2025, net loss increased to $1.2 million from $25,000 in 2024. 4. Per share loss for H1 2025 is $0.31, compared to $0.01 in H1 2024. 5. AWX operates in waste management and recreation sectors, facing revenue declines.

12m saved
Insight
Article

FAQ

Why Bearish?

The significant drop in revenue and increasing losses periods potentially indicate ongoing financial distress, similar to previous downturns leading to stock price declines.

How important is it?

The financial results reflect operational struggles that investors are likely to keenly focus on, given their potential impact on future profitability.

Why Short Term?

Negative financial indicators may lead to immediate investor reactions, impacting stock price quickly in the coming quarter.

Related Companies

SPYXLBXLY
, /PRNewswire/ -- Avalon Holdings Corporation (NYSE Amex: AWX) today announced financial results for the second quarter of 2025. Net operating revenues in the second quarter of 2025 were $20.3 million compared with $23.1 million in the second quarter of 2024. The Company recorded net income attributable to Avalon Holdings Corporation common shareholders of $0.3 million in the second quarter of 2025 compared with net income attributable to Avalon Holdings Corporation common shareholders of $1.0 million in the second quarter of 2024. For the second quarter of 2025, basic net income per share attributable to Avalon Holdings Corporation common shareholders was $0.07 compared with basic net income per share attributable to Avalon Holdings Corporation common shareholders of $0.24 in the second quarter of 2024. For the first six months of 2025, net operating revenues were $36.3 million compared with $41.9 million for the first six months of 2024. The Company recorded a net loss attributable to Avalon Holdings Corporation common shareholders of approximately $1.2 million in the first six months of 2025 compared with net loss attributable to Avalon Holdings Corporation common shareholders of $25,000 in the first six months of 2024. For the first six months of 2025, basic net loss per share attributable to Avalon Holdings Corporation common shareholders was $0.31 compared with basic net loss per share attributable to Avalon Holdings Corporation common shareholders of $0.01 in the first six months of 2024. Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets, captive landfill management services and salt water injection well operations. Avalon Holdings Corporation also owns Avalon Resorts and Clubs Inc., which includes the operation of a hotel and its associated resort amenities, four golf courses and related country clubs and a multipurpose recreation center. AVALON HOLDINGS CORPORATION AND SUBSIDIARIES Condensed Consolidated Statements of Operations (Unaudited) (in thousands, except for per share amounts) Three Months Ended Six Months Ended  June 30, June 30, 2025 2024 2025 2024 Net operating revenues: Waste management services $            9,742 $          12,220 $          19,419 $          24,690 Food, beverage and merchandise sales 3,760 3,996 5,784 6,007 Other golf and related operations 6,750 6,841 11,117 11,218 Total golf and related operations 10,510 10,837 16,901 17,225 Total net operating revenues 20,252 23,057 36,320 41,915 Costs and expenses: Waste management services operating costs 7,489 9,527 15,071 19,424 Cost of food, beverage and merchandise 1,717 1,682 2,730 2,707 Golf and related operations operating costs 6,878 6,744 11,975 11,617 Depreciation and amortization expense 965 1,002 1,935 1,982 Selling, general and administrative expenses 2,453 2,654 5,010 5,251 Operating income (loss) 750 1,448 (401) 934 Other income (expense): Interest expense (510) (521) (1,020) (1,028) Other income, net - - - 7 Income (loss) before income taxes 240 927 (1,421) (87) Provision for income taxes 29 44 54 84 Net income (loss) 211 883 (1,475) (171) Less net loss attributable to non-controlling interest in subsidiary (63) (71) (250) (146) Net income (loss) attributable to Avalon Holdings Corporation common shareholders $               274 $               954 $           (1,225) $               (25) Income (loss) per share attributable to Avalon Holdings Corporation common shareholders: Basic and diluted net income (loss) per share $              0.07 $              0.24 $            (0.31) $            (0.01) Weighted average shares outstanding - basic and diluted 3,899 3,899 3,899 3,899 AVALON HOLDINGS CORPORATION AND SUBSIDIARIES Condensed Consolidated Balance Sheets (Unaudited) (in thousands) June 30, December 31, 2025 2024 Assets Current Assets: Cash and cash equivalents $               3,714 $               2,803 Accounts receivable, net 9,907 8,595 Unbilled membership dues receivable 1,037 582 Inventories 1,807 1,558 Prepaid expenses 775 1,003 Other current assets 15 15 Total current assets 17,255 14,556 Property and equipment, net 54,583 55,582 Property and equipment under finance leases, net 5,924 5,647 Operating lease right-of-use assets 1,269 1,383 Restricted cash 8,971 8,958 Noncurrent deferred tax asset 27 27 Other assets, net 26 33 Total assets $             88,055 $             86,186 Liabilities and Equity Current liabilities: Current portion of long term debt $                  594 $                  575 Current portion of obligations under finance leases 278 201 Current portion of obligations under operating leases 364 365 Accounts payable 7,652 7,116 Accrued payroll and other compensation 1,528 1,064 Accrued taxes 451 594 Deferred membership dues revenue 5,734 3,524 Other liabilities and accrued expenses 2,306 2,024 Total current liabilities 18,907 15,463 Long term debt, net of current portion 28,344 28,646 Line of credit 3,200 3,200 Obligations under finance leases, net of current portion 1,022 707 Obligations under operating leases, net of current portion 905 1,018 Asset retirement obligation 100 100 Equity: Total Avalon Holdings Corporation Shareholders' Equity 36,809 38,034 Non-controlling interest in subsidiary (1,232) (982) Total shareholders' equity 35,577 37,052 Total liabilities and equity $             88,055 $             86,186 SOURCE Avalon Holdings Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

Related News