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Side-by-side financial comparison of AVINO SILVER & GOLD MINES LTD (ASM) and Firefly Aerospace Inc. (FLY). Click either name above to swap in a different company.

Firefly Aerospace Inc. is the larger business by last-quarter revenue ($30.8M vs $21.0M, roughly 1.5× AVINO SILVER & GOLD MINES LTD). AVINO SILVER & GOLD MINES LTD runs the higher net margin — 36.6% vs -433.5%, a 470.1% gap on every dollar of revenue. On growth, AVINO SILVER & GOLD MINES LTD posted the faster year-over-year revenue change (44.0% vs 37.6%).

Avino Silver & Gold Mines Ltd is a Canada-based mining company engaged in the exploration, development, and production of precious and base metals, primarily silver, gold, and copper. It operates its flagship Avino Mine property in Durango, Mexico, with its metal products supplied to global industrial and commodity markets.

Firefly Aerospace, Inc. (Firefly) is an American aerospace firm based in Cedar Park, Texas. Firefly develops small- and medium-lift launch vehicles for commercial launches to orbit. Firefly's stated purpose is to increase access to space, similar to other private spaceflight companies.

ASM vs FLY — Head-to-Head

Bigger by revenue
FLY
FLY
1.5× larger
FLY
$30.8M
$21.0M
ASM
Growing faster (revenue YoY)
ASM
ASM
+6.4% gap
ASM
44.0%
37.6%
FLY
Higher net margin
ASM
ASM
470.1% more per $
ASM
36.6%
-433.5%
FLY

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
ASM
ASM
FLY
FLY
Revenue
$21.0M
$30.8M
Net Profit
$7.7M
$-133.4M
Gross Margin
47.1%
27.6%
Operating Margin
-202.1%
Net Margin
36.6%
-433.5%
Revenue YoY
44.0%
37.6%
Net Profit YoY
558.9%
-227.1%
EPS (diluted)
$0.05
$-1.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ASM
ASM
FLY
FLY
Q3 25
$21.0M
$30.8M
Q2 25
$21.8M
$15.5M
Q1 25
$18.8M
Q3 24
$14.6M
$22.4M
Q2 24
$14.8M
$21.1M
Q1 24
$12.4M
Q3 23
$12.3M
Q2 23
$9.2M
Net Profit
ASM
ASM
FLY
FLY
Q3 25
$7.7M
$-133.4M
Q2 25
$2.9M
$-63.8M
Q1 25
$5.6M
Q3 24
$1.2M
$-40.8M
Q2 24
$1.2M
$-53.5M
Q1 24
$599.0K
Q3 23
$-803.0K
Q2 23
$1.1M
Gross Margin
ASM
ASM
FLY
FLY
Q3 25
47.1%
27.6%
Q2 25
46.9%
25.7%
Q1 25
56.1%
Q3 24
39.1%
34.7%
Q2 24
31.8%
14.0%
Q1 24
18.9%
Q3 23
19.2%
Q2 23
11.3%
Operating Margin
ASM
ASM
FLY
FLY
Q3 25
-202.1%
Q2 25
-349.5%
Q1 25
Q3 24
-152.9%
Q2 24
-232.1%
Q1 24
Q3 23
Q2 23
Net Margin
ASM
ASM
FLY
FLY
Q3 25
36.6%
-433.5%
Q2 25
13.1%
-410.2%
Q1 25
29.8%
Q3 24
8.0%
-182.3%
Q2 24
8.4%
-253.7%
Q1 24
4.8%
Q3 23
-6.5%
Q2 23
12.3%
EPS (diluted)
ASM
ASM
FLY
FLY
Q3 25
$0.05
$-1.50
Q2 25
$0.02
$-5.78
Q1 25
$0.04
Q3 24
$0.01
$-3.57
Q2 24
$0.01
$-4.60
Q1 24
$0.00
Q3 23
$-0.01
Q2 23
$0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ASM
ASM
FLY
FLY
Cash + ST InvestmentsLiquidity on hand
$57.3M
$995.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$182.1M
$948.8M
Total Assets
$221.9M
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASM
ASM
FLY
FLY
Q3 25
$57.3M
$995.2M
Q2 25
$37.3M
$205.3M
Q1 25
$26.6M
Q3 24
$7.8M
$26.4M
Q2 24
$5.3M
$21.9M
Q1 24
$3.5M
Q3 23
$1.9M
Q2 23
$1.2M
Total Debt
ASM
ASM
FLY
FLY
Q3 25
Q2 25
$136.1M
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Stockholders' Equity
ASM
ASM
FLY
FLY
Q3 25
$182.1M
$948.8M
Q2 25
$144.8M
$-918.0M
Q1 25
$132.3M
Q3 24
$114.5M
$-665.5M
Q2 24
$112.2M
$-620.0M
Q1 24
$107.8M
Q3 23
$102.7M
Q2 23
$99.8M
Total Assets
ASM
ASM
FLY
FLY
Q3 25
$221.9M
$1.3B
Q2 25
$174.7M
$466.8M
Q1 25
$157.7M
Q3 24
$135.4M
Q2 24
$133.7M
Q1 24
$128.6M
Q3 23
$123.5M
Q2 23
$120.5M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASM
ASM
FLY
FLY
Operating Cash FlowLast quarter
$8.3M
$-53.0M
Free Cash FlowOCF − Capex
$-62.0M
FCF MarginFCF / Revenue
-201.3%
Capex IntensityCapex / Revenue
29.0%
Cash ConversionOCF / Net Profit
1.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASM
ASM
FLY
FLY
Q3 25
$8.3M
$-53.0M
Q2 25
$8.3M
Q1 25
$758.0K
Q3 24
$4.1M
Q2 24
$1.1M
Q1 24
$2.3M
Q3 23
$-83.0K
Q2 23
$502.0K
Free Cash Flow
ASM
ASM
FLY
FLY
Q3 25
$-62.0M
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
FCF Margin
ASM
ASM
FLY
FLY
Q3 25
-201.3%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Capex Intensity
ASM
ASM
FLY
FLY
Q3 25
29.0%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Cash Conversion
ASM
ASM
FLY
FLY
Q3 25
1.08×
Q2 25
2.92×
Q1 25
0.13×
Q3 24
3.55×
Q2 24
0.87×
Q1 24
3.92×
Q3 23
Q2 23
0.44×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASM
ASM

Segment breakdown not available.

FLY
FLY

Spacecraft Solutions Revenue$21.4M69%
Launch Revenue$9.4M31%

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