Avalon Advanced Materials Inc. reported earnings results for the full year ended August 31, 2022. For the full year, the company reported revenue was CAD 0.021766 million compared to CAD 0.011249 million a year ago. Net loss was CAD 3.95 million compared to CAD 3.76 million a year ago.

Basic loss per share from continuing operations was CAD 0.01 compared to CAD 0.011 a year ago.