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

NELNET INC is the larger business by last-quarter revenue ($33.5M vs $21.0M, roughly 1.6× AVINO SILVER & GOLD MINES LTD). NELNET INC runs the higher net margin — 172.3% vs 36.6%, a 135.7% gap on every dollar of revenue. On growth, NELNET INC posted the faster year-over-year revenue change (79.6% vs 44.0%). Over the past eight quarters, NELNET INC's revenue compounded faster (62.0% CAGR vs 51.1%).

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.

Nelnet, Inc. is a United States–based conglomerate that primarily focuses on financial services including student and consumer loan origination and servicing. Additionally, the company operates an investing arm, an internet bank and has a 26% stake in Allo Fiber, a cable and internet provider. The company is headquartered in Lincoln, Nebraska.

ASM vs NNI — Head-to-Head

Bigger by revenue
NNI
NNI
1.6× larger
NNI
$33.5M
$21.0M
ASM
Growing faster (revenue YoY)
NNI
NNI
+35.6% gap
NNI
79.6%
44.0%
ASM
Higher net margin
NNI
NNI
135.7% more per $
NNI
172.3%
36.6%
ASM
Faster 2-yr revenue CAGR
NNI
NNI
Annualised
NNI
62.0%
51.1%
ASM

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
ASM
ASM
NNI
NNI
Revenue
$21.0M
$33.5M
Net Profit
$7.7M
$57.8M
Gross Margin
47.1%
50.5%
Operating Margin
Net Margin
36.6%
172.3%
Revenue YoY
44.0%
79.6%
Net Profit YoY
558.9%
-8.5%
EPS (diluted)
$0.05
$1.62

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
NNI
NNI
Q4 25
$33.5M
Q3 25
$21.0M
$23.2M
Q2 25
$21.8M
$26.1M
Q1 25
$18.8M
$24.7M
Q4 24
$18.7M
Q3 24
$14.6M
$16.6M
Q2 24
$14.8M
$14.9M
Q1 24
$12.4M
$12.8M
Net Profit
ASM
ASM
NNI
NNI
Q4 25
$57.8M
Q3 25
$7.7M
$106.7M
Q2 25
$2.9M
$181.5M
Q1 25
$5.6M
$82.6M
Q4 24
$63.2M
Q3 24
$1.2M
$2.4M
Q2 24
$1.2M
$45.1M
Q1 24
$599.0K
$73.4M
Gross Margin
ASM
ASM
NNI
NNI
Q4 25
50.5%
Q3 25
47.1%
29.6%
Q2 25
46.9%
29.8%
Q1 25
56.1%
30.5%
Q4 24
13.7%
Q3 24
39.1%
0.1%
Q2 24
31.8%
27.3%
Q1 24
18.9%
15.3%
Operating Margin
ASM
ASM
NNI
NNI
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
97.7%
Q3 24
-13.4%
Q2 24
88.0%
Q1 24
Net Margin
ASM
ASM
NNI
NNI
Q4 25
172.3%
Q3 25
36.6%
460.5%
Q2 25
13.1%
694.9%
Q1 25
29.8%
334.4%
Q4 24
338.2%
Q3 24
8.0%
14.4%
Q2 24
8.4%
303.6%
Q1 24
4.8%
574.4%
EPS (diluted)
ASM
ASM
NNI
NNI
Q4 25
$1.62
Q3 25
$0.05
$2.94
Q2 25
$0.02
$4.97
Q1 25
$0.04
$2.26
Q4 24
$1.74
Q3 24
$0.01
$0.07
Q2 24
$0.01
$1.23
Q1 24
$0.00
$1.98

Balance Sheet & Financial Strength

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

Metric
ASM
ASM
NNI
NNI
Cash + ST InvestmentsLiquidity on hand
$57.3M
$296.0M
Total DebtLower is stronger
$7.8B
Stockholders' EquityBook value
$182.1M
$3.7B
Total Assets
$221.9M
$14.1B
Debt / EquityLower = less leverage
2.11×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASM
ASM
NNI
NNI
Q4 25
$296.0M
Q3 25
$57.3M
$216.4M
Q2 25
$37.3M
$225.8M
Q1 25
$26.6M
$220.5M
Q4 24
$194.5M
Q3 24
$7.8M
$219.7M
Q2 24
$5.3M
$145.5M
Q1 24
$3.5M
$179.7M
Total Debt
ASM
ASM
NNI
NNI
Q4 25
$7.8B
Q3 25
$7.8B
Q2 25
$7.9B
Q1 25
$8.7B
Q4 24
$8.3B
Q3 24
$8.9B
Q2 24
$9.6B
Q1 24
$10.6B
Stockholders' Equity
ASM
ASM
NNI
NNI
Q4 25
$3.7B
Q3 25
$182.1M
$3.7B
Q2 25
$144.8M
$3.6B
Q1 25
$132.3M
$3.4B
Q4 24
$3.3B
Q3 24
$114.5M
$3.3B
Q2 24
$112.2M
$3.3B
Q1 24
$107.8M
$3.3B
Total Assets
ASM
ASM
NNI
NNI
Q4 25
$14.1B
Q3 25
$221.9M
$13.9B
Q2 25
$174.7M
$13.7B
Q1 25
$157.7M
$14.2B
Q4 24
$13.8B
Q3 24
$135.4M
$14.1B
Q2 24
$133.7M
$14.5B
Q1 24
$128.6M
$15.4B
Debt / Equity
ASM
ASM
NNI
NNI
Q4 25
2.11×
Q3 25
2.14×
Q2 25
2.21×
Q1 25
2.53×
Q4 24
2.48×
Q3 24
2.72×
Q2 24
2.90×
Q1 24
3.20×

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
NNI
NNI
Operating Cash FlowLast quarter
$8.3M
$423.0M
Free Cash FlowOCF − Capex
$396.7M
FCF MarginFCF / Revenue
1183.0%
Capex IntensityCapex / Revenue
78.2%
Cash ConversionOCF / Net Profit
1.08×
7.32×
TTM Free Cash FlowTrailing 4 quarters
$663.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASM
ASM
NNI
NNI
Q4 25
$423.0M
Q3 25
$8.3M
$112.4M
Q2 25
$8.3M
$81.8M
Q1 25
$758.0K
$91.2M
Q4 24
$662.9M
Q3 24
$4.1M
$137.0M
Q2 24
$1.1M
$133.8M
Q1 24
$2.3M
$211.6M
Free Cash Flow
ASM
ASM
NNI
NNI
Q4 25
$396.7M
Q3 25
$100.8M
Q2 25
$78.1M
Q1 25
$87.8M
Q4 24
$642.0M
Q3 24
$132.6M
Q2 24
$123.1M
Q1 24
$188.3M
FCF Margin
ASM
ASM
NNI
NNI
Q4 25
1183.0%
Q3 25
435.0%
Q2 25
299.0%
Q1 25
355.6%
Q4 24
3438.0%
Q3 24
797.9%
Q2 24
829.2%
Q1 24
1473.7%
Capex Intensity
ASM
ASM
NNI
NNI
Q4 25
78.2%
Q3 25
50.4%
Q2 25
14.2%
Q1 25
13.7%
Q4 24
111.9%
Q3 24
26.7%
Q2 24
71.5%
Q1 24
181.7%
Cash Conversion
ASM
ASM
NNI
NNI
Q4 25
7.32×
Q3 25
1.08×
1.05×
Q2 25
2.92×
0.45×
Q1 25
0.13×
1.10×
Q4 24
10.50×
Q3 24
3.55×
57.39×
Q2 24
0.87×
2.97×
Q1 24
3.92×
2.88×

Financial Flow Comparison

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

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