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

AVINO SILVER & GOLD MINES LTD is the larger business by last-quarter revenue ($21.0M vs $13.7M, roughly 1.5× KalVista Pharmaceuticals, Inc.). AVINO SILVER & GOLD MINES LTD runs the higher net margin — 36.6% vs -361.4%, a 398.0% gap on every dollar of revenue.

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.

KalVista Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the research, development and commercialization of novel oral serine protease inhibitor therapies. Its core pipeline addresses unmet medical needs for rare and inflammatory diseases including hereditary angioedema and diabetic macular edema, with primary target markets in North America and Europe.

ASM vs KALV — Head-to-Head

Bigger by revenue
ASM
ASM
1.5× larger
ASM
$21.0M
$13.7M
KALV
Higher net margin
ASM
ASM
398.0% more per $
ASM
36.6%
-361.4%
KALV

Income Statement — Q3 FY2025 vs Q2 FY2026

Metric
ASM
ASM
KALV
KALV
Revenue
$21.0M
$13.7M
Net Profit
$7.7M
$-49.5M
Gross Margin
47.1%
91.0%
Operating Margin
-336.3%
Net Margin
36.6%
-361.4%
Revenue YoY
44.0%
Net Profit YoY
558.9%
-17.1%
EPS (diluted)
$0.05
$-0.92

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
KALV
KALV
Q3 25
$21.0M
$13.7M
Q2 25
$21.8M
Q1 25
$18.8M
Q3 24
$14.6M
$0
Q2 24
$14.8M
Q1 24
$12.4M
Q3 23
$12.3M
Q2 23
$9.2M
Net Profit
ASM
ASM
KALV
KALV
Q3 25
$7.7M
$-49.5M
Q2 25
$2.9M
Q1 25
$5.6M
Q3 24
$1.2M
$-40.4M
Q2 24
$1.2M
Q1 24
$599.0K
Q3 23
$-803.0K
Q2 23
$1.1M
Gross Margin
ASM
ASM
KALV
KALV
Q3 25
47.1%
91.0%
Q2 25
46.9%
Q1 25
56.1%
Q3 24
39.1%
Q2 24
31.8%
Q1 24
18.9%
Q3 23
19.2%
Q2 23
11.3%
Operating Margin
ASM
ASM
KALV
KALV
Q3 25
-336.3%
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
Q2 23
Net Margin
ASM
ASM
KALV
KALV
Q3 25
36.6%
-361.4%
Q2 25
13.1%
Q1 25
29.8%
Q3 24
8.0%
Q2 24
8.4%
Q1 24
4.8%
Q3 23
-6.5%
Q2 23
12.3%
EPS (diluted)
ASM
ASM
KALV
KALV
Q3 25
$0.05
$-0.92
Q2 25
$0.02
Q1 25
$0.04
Q3 24
$0.01
$-0.87
Q2 24
$0.01
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
KALV
KALV
Cash + ST InvestmentsLiquidity on hand
$57.3M
$243.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$182.1M
$17.0M
Total Assets
$221.9M
$339.9M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASM
ASM
KALV
KALV
Q3 25
$57.3M
$243.5M
Q2 25
$37.3M
Q1 25
$26.6M
Q3 24
$7.8M
$31.8M
Q2 24
$5.3M
Q1 24
$3.5M
Q3 23
$1.9M
Q2 23
$1.2M
Stockholders' Equity
ASM
ASM
KALV
KALV
Q3 25
$182.1M
$17.0M
Q2 25
$144.8M
Q1 25
$132.3M
Q3 24
$114.5M
$172.8M
Q2 24
$112.2M
Q1 24
$107.8M
Q3 23
$102.7M
Q2 23
$99.8M
Total Assets
ASM
ASM
KALV
KALV
Q3 25
$221.9M
$339.9M
Q2 25
$174.7M
Q1 25
$157.7M
Q3 24
$135.4M
$200.2M
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
KALV
KALV
Operating Cash FlowLast quarter
$8.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
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
KALV
KALV
Q3 25
$8.3M
Q2 25
$8.3M
Q1 25
$758.0K
Q3 24
$4.1M
$-40.2M
Q2 24
$1.1M
Q1 24
$2.3M
Q3 23
$-83.0K
Q2 23
$502.0K
Free Cash Flow
ASM
ASM
KALV
KALV
Q3 25
Q2 25
Q1 25
Q3 24
$-40.2M
Q2 24
Q1 24
Q3 23
Q2 23
Cash Conversion
ASM
ASM
KALV
KALV
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.

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