AWX earnings analysis
What we found in AWX's 10-Q: the parts that mattered, the offsets in the same document, and what the company said about what comes next.
Our reading of the filing · Free to read, no account needed
The extracted portion of Avalon’s June 30, 2026 10-Q does not include the income statement, balance sheet, cash flow statement, segment results, or MD&A, so current-quarter revenue, margins, EPS, cash flow, and operating trends cannot be quantified. The filing discloses approximately $3.2 million of variable-rate line-of-credit borrowings at a 7.0% rate, while the term loan is fixed at 6.00% and subject to an eventual maximum reset rate of 8.50%. No numeric guidance or material control deficiencies are disclosed in the provided text.
The parts that mattered.
Pulled out of the filing itself, with the figures the company reported.
- Term loan rate fixed at 6.00%
- Borrowings under the New Term Loan Agreement carry a fixed interest rate of 6.00% until the seventh anniversary of closing, limiting near-term exposure to rate increases.
- Credit line carries 7.0% interest
- The Line of Credit Agreement had an interest rate of 7.0% at June 30, 2026, with approximately $3.2 million outstanding.
- Term loan rate capped at 8.50%
- The term loan reset rate cannot exceed 8.50% per annum at the applicable reset date, providing a stated ceiling on future interest-rate exposure.
- Disclosure controls deemed effective
- Management concluded that disclosure controls and procedures were effective at a reasonable assurance level as of June 30, 2026.
And the other side of it.
The offsets in the same document — the things a summary that only listed the good news would have left out.
- Variable-rate credit exposure
- Approximately $3.2 million was outstanding under the variable-rate Line of Credit Agreement at June 30, 2026, bearing interest at Prime Rate plus 0.25%; the stated rate was 7.0%.
- Future term-loan reset risk
- The New Term Loan Agreement may reset to a rate based on the three-year Treasury rate plus 3.40% after the seventh anniversary, subject to a maximum rate of 8.50%.
- No interest-rate hedging
- Avalon does not undertake specific actions to hedge interest-rate exposure and is not party to interest-rate risk management transactions or derivative instruments.
What they said about what is next.
No quantitative revenue or EPS outlook is provided in the extracted filing text; the excerpt contains no MD&A guidance discussion.
The filing reads about the same as the one before it.
What came before.
- 10-Q · May 5, 2026
- Avalon Holdings Corporation's Q1 2026 report shows a modest recovery in revenue driven mainly by the waste management segment, which saw an increase in project work. However, overall profitability remains under…
- 10-K · March 19, 2026
- Avalon’s 2025 10-K shows a two-segment business (waste management and golf/resort) with consolidated revenue essentially flat at $83.0M in 2025 vs $84.0M in 2024. Waste management accounted for approximately 55% of net…
- 10-Q · November 7, 2025
- Avalon reported Q3 2025 revenue of $25,746,000, up from $24,235,000 in Q3 2024, with operating income of $2,346,000 (vs. $2,274,000) and basic EPS of $0.49 (vs. $0.47). Year-to-date revenue declined to $62,067,000 from…
- 10-Q · August 8, 2025
- Avalon reported Q2 net operating revenues of $20,252 (in thousands) and GAAP diluted EPS of $0.07. Revenue declined versus the year-ago quarter ($23,057) but improved versus the prior quarter (first half implies Q1…
This is our reading of a public filing, not the filing. Read the original on SEC.gov · Educational only. Nothing here is investment advice.
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