Is Avalon Acquisition Inc. (AVACU) a Buy, Sell, or Hold?
NASDAQ : AVACU
Avalon Acquisition Inc. — Financials
$8.9 USD
-$1.99 (-18.27%)
- Volume
- 209
- Average Volume
- 484
- Market Capitalization
- $236.87M
- P/E Ratio
- 22.82
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $10.89
- Year Low
- $8.90
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $0.86
AVACU Financial Statements
| date | 2022-12-31 | 2021-12-31 |
|---|---|---|
| revenue | - | - |
| costOfRevenue | - | - |
| grossProfit | - | - |
| researchAndDevelopmentExpenses | - | - |
| generalAndAdministrativeExpenses | 1.45M | 311.33K |
| sellingAndMarketingExpenses | - | - |
| sellingGeneralAndAdministrativeExpenses | 1.45M | 311.33K |
| otherExpenses | 282.66K | 124.14K |
| operatingExpenses | 1.74M | 435.47K |
| costAndExpenses | 1.74M | 435.47K |
| netInterestIncome | - | - |
| interestIncome | - | - |
| interestExpense | - | - |
| depreciationAndAmortization | - | - |
| ebitda | -4.76M | -5.16M |
| ebit | - | - |
| nonOperatingIncomeExcludingInterest | - | - |
| operatingIncome | 8.97M | -5.16M |
| totalOtherIncomeExpensesNet | - | 8.98M |
| incomeBeforeTax | 8.97M | 3.81M |
| incomeTaxExpense | 758K | -4.25M |
| netIncomeFromContinuingOperations | 8.21M | 8.06M |
| netIncomeFromDiscontinuedOperations | - | - |
| otherAdjustmentsToNetIncome | - | - |
| netIncome | 8.21M | 8.06M |
| netIncomeDeductions | - | - |
| bottomLineNetIncome | 8.21M | 8.06M |
| eps | 0.32 | 0.85 |
| date | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|
| cashAndCashEquivalents | 323.52K | 1.04M | 12500 |
| shortTermInvestments | - | - | - |
| cashAndShortTermInvestments | 323.52K | 1.04M | 12500 |
| netReceivables | - | - | - |
| accountsReceivables | - | - | - |
| otherReceivables | - | - | - |
| inventory | - | - | - |
| prepaids | - | - | - |
| otherCurrentAssets | 225.19K | 522.87K | - |
| totalCurrentAssets | 548.72K | 1.56M | 12500 |
| propertyPlantEquipmentNet | - | - | - |
| goodwill | - | - | - |
| intangibleAssets | - | - | - |
| goodwillAndIntangibleAssets | - | - | - |
| longTermInvestments | 212.03K | 210.11M | - |
| taxAssets | - | - | - |
| otherNonCurrentAssets | 211.82M | - | - |
| totalNonCurrentAssets | 212.03M | 210.11M | 109.25K |
| otherAssets | - | - | - |
| totalAssets | 212.58M | 211.67M | 121.75K |
| totalPayables | 580.44K | 136.5K | - |
| accountPayables | 580.44K | 136.5K | - |
| otherPayables | - | - | - |
| accruedExpenses | - | - | - |
| shortTermDebt | - | - | - |
| capitalLeaseObligationsCurrent | - | - | - |
| taxPayables | 59000 | 123.34K | - |
| deferredRevenue | - | - | - |
| otherCurrentLiabilities | 59000 | 123.34K | - |
| totalCurrentLiabilities | 639.44K | 259.84K | 98250 |
| longTermDebt | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - |
| deferredRevenueNonCurrent | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - |
| otherNonCurrentLiabilities | 8.78M | 16.46M | - |
| totalNonCurrentLiabilities | 8.78M | 16.46M | - |
| otherLiabilities | - | - | - |
| capitalLeaseObligations | - | - | - |
| totalLiabilities | 9.42M | 16.72M | 98250 |
| treasuryStock | - | - | - |
| preferredStock | - | - | - |
| commonStock | 211.87M | 210.11M | 518 |
| retainedEarnings | -8.71M | -15.16M | -1497 |
| additionalPaidInCapital | - | - | - |
| date | 2022-12-31 | 2021-12-31 |
|---|---|---|
| netIncome | 8.21M | 3.81M |
| depreciationAndAmortization | - | - |
| deferredIncomeTax | - | - |
| stockBasedCompensation | - | - |
| changeInWorkingCapital | 677.28K | -264.53K |
| accountsReceivables | - | - |
| inventory | - | - |
| accountsPayables | 443.94K | 135K |
| otherWorkingCapital | 233.34K | -399.54K |
| otherNonCashItems | -10.71M | -4.25M |
| netCashProvidedByOperatingActivities | -1.82M | -700K |
| investmentsInPropertyPlantAndEquipment | - | - |
| acquisitionsNet | - | - |
| purchasesOfInvestments | - | - |
| salesMaturitiesOfInvestments | - | - |
| otherInvestingActivities | 1.1M | -210.1M |
| netCashProvidedByInvestingActivities | 1.1M | -210.1M |
| netDebtIssuance | - | - |
| longTermNetDebtIssuance | - | - |
| shortTermNetDebtIssuance | - | - |
| netStockIssuance | - | - |
| netCommonStockIssuance | - | - |
| commonStockIssuance | - | 215.1M |
| commonStockRepurchased | - | - |
| netPreferredStockIssuance | - | - |
| netDividendsPaid | - | - |
| commonDividendsPaid | - | - |
| preferredDividendsPaid | - | - |
| otherFinancingActivities | - | 211.83M |
| netCashProvidedByFinancingActivities | - | 211.83M |
| date | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| revenue | - | - | - | - | - | - | - | - | - |
| costOfRevenue | - | - | - | - | - | - | - | - | - |
| grossProfit | - | - | - | - | - | - | - | - | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 469.24K | 820.03K | 341.11K | 193.04K | 99753 | 310K | 875 | 450 | 1497 |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 469.24K | 820.03K | 341.11K | 193.04K | 99753 | 310K | 875 | 450 | 1497 |
| otherExpenses | 50650 | 35000 | 35000 | 162.61K | 50050 | 124.14K | - | - | - |
| operatingExpenses | 519.89K | 855.03K | 376.11K | 355.66K | 149.8K | 434.14K | 875 | 450 | 1497 |
| costAndExpenses | 519.89K | 855.03K | 376.11K | 355.66K | 149.8K | 434.14K | 875 | 450 | 1497 |
| netInterestIncome | - | - | - | - | - | - | - | - | - |
| interestIncome | - | - | - | - | - | - | - | - | - |
| interestExpense | - | - | - | - | - | -4.25M | - | - | - |
| depreciationAndAmortization | - | 1.02M | 780.46K | 3.58M | 3.8M | 4.25M | 54000 | 55213 | 55131 |
| ebitda | 1.16M | -2.63M | -1.16M | -3.94M | -3.95M | 3.82M | -875 | -450 | -1497 |
| ebit | 1.16M | -8.18M | -376K | -356K | -150K | -434K | - | - | - |
| nonOperatingIncomeExcludingInterest | - | 9.07M | -1.56M | -7.16M | -7.6M | 435.47K | - | - | - |
| operatingIncome | 1.16M | 881.57K | -1.94M | -7.51M | -7.75M | 1325 | -875 | -450 | -1497 |
| totalOtherIncomeExpensesNet | - | 807.52K | 2.34M | 10.74M | 11.4M | 3.81M | - | - | - |
| incomeBeforeTax | 1.16M | 1.69M | 404.34K | 3.22M | 3.65M | 3.82M | -875 | -450 | -1497 |
| incomeTaxExpense | 619.8K | 554K | 204K | -3.58M | -3.8M | -4.25M | - | - | - |
| netIncomeFromContinuingOperations | 537.8K | 1.14M | 200.34K | 6.8M | 7.45M | 8.06M | -875 | -450 | -1497 |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - |
| netIncome | 537.8K | 1.14M | 200.34K | 6.8M | 7.45M | 8.06M | -875 | -450 | -1497 |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | 537.8K | 1.14M | 200.34K | 6.8M | 7.45M | 8.06M | -875 | -450 | -1497 |
| eps | 0.02 | -175.08K | 0.01 | 0.26 | 0.29 | 0.85 | -0.0 | -0.0 | -0.0 |
| date | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-10-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 112.16K | 323.52K | 369.86K | 533.81K | 730.12K | 1.04M | 29 | 1654 | 3759 | 25000 |
| shortTermInvestments | - | - | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 112.16K | 323.52K | 369.86K | 533.81K | 730.12K | 1.04M | 29 | 1654 | 3759 | 25000 |
| netReceivables | - | - | - | - | - | - | - | - | - | - |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| prepaids | - | - | - | - | - | - | - | - | - | - |
| otherCurrentAssets | 204.21K | 225.19K | 333.93K | 449.46K | 570.2K | 522.87K | - | - | - | - |
| totalCurrentAssets | 316.37K | 548.72K | 703.79K | 983.27K | 1.3M | 1.56M | 29 | 1654 | 3759 | 25000 |
| propertyPlantEquipmentNet | - | - | - | - | - | - | - | - | - | - |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | 216.33M | 212.03M | 211.28M | 210.41M | 210.13M | 210.11M | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | - | - | - | - | - | - | 399.2K | 382.72K | 369.19K | 3393 |
| totalNonCurrentAssets | 216.33M | 212.03M | 211.28M | 210.41M | 210.13M | 210.11M | 399.2K | 382.72K | 369.19K | 3393 |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 216.65M | 212.58M | 211.98M | 211.4M | 211.43M | 211.67M | 399.23K | 384.38K | 372.95K | 28393 |
| totalPayables | 817.33K | 580.44K | 200.64K | 107.36K | 100.39K | 136.5K | - | - | - | - |
| accountPayables | 817.33K | 580.44K | 200.64K | 107.36K | 100.39K | 136.5K | - | - | - | - |
| otherPayables | -817.33K | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | - | - | - | - | - | - | - | 190K | 150K | - |
| capitalLeaseObligationsCurrent | - | - | - | - | - | - | - | - | - | - |
| taxPayables | 688.8K | 59000 | 203K | 81650 | 50000 | 123.34K | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | - | - |
| otherCurrentLiabilities | 688.8K | 59000 | 203K | 81650 | 50000 | 123.34K | 377.05K | 171.32K | 199.9K | 4890 |
| totalCurrentLiabilities | 1.51M | 639.44K | 403.64K | 189K | 150.39K | 259.84K | 377.05K | 361.32K | 349.9K | 4890 |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 9.37M | 8.78M | 9.55M | 9.38M | 12.68M | 16.46M | - | - | - | - |
| totalNonCurrentLiabilities | 9.37M | 8.78M | 9.55M | 9.38M | 12.68M | 16.46M | 197K | 190K | 150K | - |
| otherLiabilities | - | - | - | - | - | - | -197K | -190K | -150K | - |
| capitalLeaseObligations | - | - | - | - | - | - | - | - | - | - |
| totalLiabilities | 10.88M | 9.42M | 9.95M | 9.57M | 12.83M | 16.72M | 377.05K | 361.32K | 349.9K | 4890 |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 215.54M | 211.87M | 210.69M | 210.11M | 210.11M | 210.11M | 518 | 518 | 575 | 575 |
| retainedEarnings | -9.77M | -8.71M | -8.66M | -8.28M | -11.5M | -15.16M | -2822 | -1947 | -1947 | -1497 |
| additionalPaidInCapital | - | - | - | - | - | - | - | - | - | - |
| date | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | 537.8K | 1.14M | 200.34K | 3.22M | 3.65M | 3.82M | -875 | - | -450 | -1497 |
| depreciationAndAmortization | - | - | - | - | - | - | - | - | - | - |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | - | - | - | - | - | - | - | - |
| changeInWorkingCapital | 887.68K | 344.54K | 330.16K | 159.35K | -156.77K | -263.03K | - | - | -1497 | 1497 |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | 236.89K | 379.8K | 93283 | 6964 | -36111 | 135K | - | - | - | - |
| otherWorkingCapital | -236.89K | -35261 | 236.88K | 152.39K | -120.66K | -398.04K | - | - | - | - |
| otherNonCashItems | -1.68M | -2.54M | -780.46K | -3.58M | -3.8M | -4.25M | - | - | - | - |
| netCashProvidedByOperatingActivities | -252.01K | -1.06M | -249.95K | -196.31K | -306.57K | -697.18K | -875 | - | -1947 | - |
| investmentsInPropertyPlantAndEquipment | - | - | - | - | - | - | - | - | - | - |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | -2.03M | 1.02M | 0.09 | - | - | -210.1M | - | - | - | - |
| netCashProvidedByInvestingActivities | -2.03M | 1.02M | 0.09 | - | - | -210.1M | - | - | - | - |
| netDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| longTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - | - |
| netStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netCommonStockIssuance | - | - | - | - | - | - | - | - | - | - |
| commonStockIssuance | - | - | - | - | - | 215.1M | - | - | - | 25000 |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | 2.07M | - | - | - | - | 211.84M | -750 | -2105 | -6794 | 12500 |
| netCashProvidedByFinancingActivities | 2.07M | - | - | - | - | 211.84M | -750 | -2105 | -6794 | 12500 |