Develops lithium and rare earth elements for electric vehicles and clean technology.
Aug 2020Revenue C$134K/yrExpenses C$7.92M/yr
No trendCash runway ≈ 8 months from Aug 2020
Figures by year
When will Avalon Advanced Materials be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Aug 2020, revenue was C$134K and expenses C$7.92M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Aug 2020 | C$134K | C$7.92M | −C$7.79M |
| Aug 2019 | C$53.0K | C$3.59M | −C$3.54M |
| Aug 2018 | C$61.8K | C$3.52M | −C$3.46M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.