US Market News
1月前
AVALON HOLDINGS CORPORATION ANNOUNCES FIRST QUARTER RESULTSMay 5, 2026 5:05 AM
PR Newswire (US) WARREN, Ohio, May 5, 2026 /PRNewswire/ -- Avalon Holdings Corporation (NYSE Amex: AWX) today announced financial results for the first quarter of 2026. Net operating revenues in the first quarter of 2026 were $17.7 million compared with $16.1 million in the first quarter of 2025. The Company recorded a net loss attributable to Avalon Holdings Corporation common shareholders of $1.2 million in the first quarter of 2026 compared with net loss attributable to Avalon Holdings Corporation common shareholders of $1.5 million in the first quarter of 2025. For the first quarter of 2026, basic net loss per share attributable to Avalon Holdings Corporation common shareholders was $0.32 compared with basic net loss per share attributable to Avalon Holdings Corporation common shareholders of $0.38 in the first quarter of 2025.Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets, captive landfill management services and salt water injection well operations. Avalon Holdings Corporation also owns Avalon Resorts and Clubs Inc., which includes the operation of a hotel and its associated resort amenities, four golf courses and related country clubs and a multipurpose recreation center.AVALON HOLDINGS CORPORATION AND SUBSIDIARIESCondensed Consolidated Statements of Operations (Unaudited)(in thousands, except for per share amounts)
Three Months Ended
March 31,
2026
2025
Net operating revenues:
Waste management services$ 11,508
$ 9,677
Food, beverage and merchandise sales2,013
2,024
Other golf and related operations4,137
4,367
Total golf and related operations6,150
6,391
Total net operating revenues17,658
16,068
Costs and expenses:
Waste management services operating costs8,882
7,582
Cost of food, beverage and merchandise993
1,012
Golf and related operations operating costs4,905
5,097
Depreciation and amortization expense929
970
Selling, general and administrative expenses2,685
2,558
Operating loss(736)
(1,151)
Other income (expense):
Interest expense, net(504)
(510)
Loss before income taxes(1,240)
(1,661)
Provision for income taxes41
25
Net loss(1,281)
(1,686)
Less net loss attributable to non-controlling interest in subsidiaries(46)
(187)
Net loss attributable to Avalon Holdings Corporation common shareholders$ (1,235)
$ (1,499)
Loss per share attributable to Avalon Holdings Corporation common shareholders:
Basic net loss per share$ (0.32)
$ (0.38)
Weighted average shares outstanding - basic 3,899
3,899
AVALON HOLDINGS CORPORATION AND SUBSIDIARIESCondensed Consolidated Balance Sheets (Unaudited)(in thousands)
March 31,
December 31,
2026
2025Assets
Current Assets:
Cash and cash equivalents$ 2,378
$ 4,114Accounts receivable, net11,843
9,819Unbilled membership dues receivable707
541Inventories1,774
1,555Prepaid expenses989
919Other current assets15
15Total current assets17,706
16,963
Property and equipment, net53,541
53,982Property and equipment under finance leases, net6,352
6,267Operating lease right-of-use assets1,390
1,379Restricted cash8,501
8,730Noncurrent deferred tax asset32
32Other assets, net27
28Total assets$ 87,549
$ 87,381
Liabilities and Equity
Current liabilities:
Current portion of long term debt$ 624
$ 614Current portion of obligations under finance leases384
384Current portion of obligations under operating leases367
362Accounts payable7,736
7,984Accrued payroll and other compensation1,496
1,244Accrued taxes644
660Deferred membership dues revenue5,126
3,529Other liabilities and accrued expenses2,074
2,054Total current liabilities18,451
16,831
Long-term debt, net of current portion27,872
28,032Line of credit3,200
3,200Obligations under finance leases, net of current portion1,231
1,248Obligations under operating leases, net of current portion1,023
1,017Asset retirement obligation100
100
Equity:
Total Avalon Holdings Corporation Shareholders' Equity37,120
38,355Non-controlling interest in subsidiaries(1,448)
(1,402)Total shareholders' equity35,672
36,953Total liabilities and equity$ 87,549
$ 87,381 View original content to download multimedia:https://www.prnewswire.com/news-releases/avalon-holdings-corporation-announces-first-quarter-results-302760687.htmlSOURCE Avalon Holdings Corporation Original: AVALON HOLDINGS CORPORATION ANNOUNCES FIRST QUARTER RESULTS
US Market News
3月前
AVALON HOLDINGS CORPORATION ANNOUNCES 2025 FULL YEAR AND FOURTH QUARTER RESULTSMarch 19, 2026 5:05 PM
PR Newswire (US)
WARREN, Ohio, March 19, 2026 /PRNewswire/ -- Avalon Holdings Corporation (NYSE Amex:AWX) today announced financial results for the fourth quarter and fiscal year ended December 31, 2025.
Net operating revenues in the fourth quarter of 2025 were $21.5 million compared with $17.6 million in the fourth quarter of 2024. The Company recorded a net loss attributable to Avalon Holdings Corporation common shareholders of $0.4 million in the fourth quarter of 2025 compared with a net loss attributable to Avalon Holdings Corporation common shareholders of $0.5 million in the fourth quarter of 2024. For the fourth quarter of 2025, basic net loss per share attributable to Avalon Holdings Corporation common shareholders was $0.09 compared with basic net loss per share attributable to Avalon Holdings Corporation common shareholders of $0.13 in the fourth quarter of 2024.For the year ended December 31, 2025, net operating revenues were $83.6 million compared with $83.8 million for the year ended December 31, 2024. The Company recorded a net income attributable to Avalon Holdings Corporation common shareholders of $0.3 million for the year ended December 31, 2025 compared with a net income attributable to Avalon Holdings Corporation common shareholders of $1.3 million for the year ended December 31, 2024. For the year ended December 31, 2025, basic net income per share attributable to Avalon Holdings Corporation common shareholders was $0.08 compared with basic net income per share attributable to Avalon Holdings Corporation common shareholders of $0.34 for year ended December 31, 2024.Avalon Holdings Corporation provides waste management services to industrial, commercial, municipal and governmental customers in selected northeastern and midwestern U.S. markets, captive landfill management services and salt water injection well operations. Avalon Holdings Corporation also owns Avalon Resorts and Clubs Inc., which includes the operation of a hotel and its associated resort amenities, four golf courses and related country clubs and a multipurpose recreation center. AVALON HOLDINGS CORPORATION AND SUBSIDIARIESCondensed Consolidated Statements of Operations (Unaudited)(in thousands, except for per share amounts)
Three Months Ended
Year Ended
December 31,
December 31,
2025
2024
2025
2024
Net operating revenues:
Waste management services$ 13,673
$ 9,771
$ 46,010
$ 45,922
Food, beverage and merchandise sales2,909
2,915
13,247
13,537Other golf and related operations4,897
4,959
24,288
24,336Total golf and related operations7,806
7,874
37,535
37,873
Total net operating revenues21,479
17,645
83,545
83,795
Costs and expenses:
Waste management services operating costs10,865
7,568
36,195
35,940Cost of food, beverage and merchandise1,382
1,388
6,069
6,105Golf and related operations operating costs5,548
5,596
24,949
24,521Depreciation and amortization expense937
949
3,803
3,906Selling, general and administrative expenses2,668
2,278
10,504
10,248Operating (loss) income79
(134)
2,025
3,075
Other income (expense):
Interest expense(510)
(509)
(2,042)
(2,040)Other income, net-
-
-
7Income (loss) before income taxes(431)
(643)
(17)
1,042
Provision for income taxes(18)
(36)
82
90Net income (loss)(413)
(607)
(99)
952
Less net loss attributable to non-controlling interest in subsidiaries(57)
(110)
(420)
(366)Net income (loss) attributable to Avalon Holdings Corporation common shareholders$ (356)
$ (497)
$ 321
$ 1,318
Income (loss) per share attributable to Avalon Holdings Corporation common shareholders:
Basic net income (loss) per share$ (0.09)
$ (0.13)
$ 0.08
$ 0.34
Weighted average shares outstanding - basic 3,899
3,899
3,899
3,899 AVALON HOLDINGS CORPORATION AND SUBSIDIARIESCondensed Consolidated Balance Sheets (Unaudited)(in thousands)
December 31,
December 31,
2025
2024Assets
Current Assets:
Cash and cash equivalents$ 4,114
$ 2,803Accounts receivable, net9,819
8,595Unbilled membership dues receivable541
582Inventories1,555
1,558Prepaid expenses919
1,003Other current assets15
15Total current assets16,963
14,556
Property and equipment, net53,982
55,582Property and equipment under finance leases, net6,267
5,647Operating lease right-of-use assets1,379
1,383Restricted cash8,730
8,958Noncurrent deferred tax asset, net32
27Other assets, net28
33Total assets$ 87,381
$ 86,186
Liabilities and Equity
Current liabilities:
Current portion of long term debt$ 614
$ 575Current portion of obligations under finance leases384
201Current portion of obligations under operating leases362
365Accounts payable7,984
7,116Accrued payroll and other compensation1,244
1,064Accrued taxes660
594Deferred membership dues revenue3,529
3,524Other liabilities and accrued expenses2,054
2,024Total current liabilities16,831
15,463
Long term debt, net of current portion28,032
28,646Line of credit3,200
3,200Obligations under finance leases, net of current portion1,248
707Obligations under operating leases, net of current portion1,017
1,018Asset retirement obligation100
100
Equity:
Total Avalon Holdings Corporation Shareholders' Equity 38,355
38,034Non-controlling interest in subsidiaries(1,402)
(982)Total shareholders' equity36,953
37,052Total liabilities and equity$ 87,381
$ 86,186
View original content to download multimedia:https://www.prnewswire.com/news-releases/avalon-holdings-corporation-announces-2025-full-year-and-fourth-quarter-results-302717842.htmlSOURCE Avalon Holdings Corporation
Original: AVALON HOLDINGS CORPORATION ANNOUNCES 2025 FULL YEAR AND FOURTH QUARTER RESULTS