New Risk • Jun 02
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 103% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (111% average daily change). Negative equity (-CA$15m). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (103% increase in shares outstanding). Revenue is less than US$1m (CA$559k revenue, or US$403k). Market cap is less than US$10m (€1.07m market cap, or US$1.24m). Reported Earnings • May 31
First quarter 2026 earnings released: CA$0.006 loss per share (vs CA$0.009 loss in 1Q 2025) First quarter 2026 results: CA$0.006 loss per share (improved from CA$0.009 loss in 1Q 2025). Net loss: CA$321.3k (loss narrowed 39% from 1Q 2025). Board Change • May 20
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. Independent Director William Sandulak is the most experienced director on the board, commencing their role in 2024. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 19
Avila Energy Corporation has filed a Follow-on Equity Offering in the amount of CAD 0.430724 million. Avila Energy Corporation has filed a Follow-on Equity Offering in the amount of CAD 0.430724 million.
Security Name: Rights
Security Type: Equity Right
Securities Offered: 57,429,912
Price\Range: CAD 0.0075
Discount Per Security: CAD 0
Transaction Features: Rights Offering Announcement • Sep 08
Avila Energy Corporation, Annual General Meeting, Oct 31, 2025 Avila Energy Corporation, Annual General Meeting, Oct 31, 2025. Announcement • Oct 23
Avila Energy Corporation Announces Board Changes Avila Energy Corporation announced the appointment of Mr. Dale Harrison, Mr. William Sandulak, and Mr. George Mendez. Dale Harrison has over 25 years of experience initially as Field Supervisor in Canada and Internationally in Cuba. Mr. Harrison's areas of expertise are broad, including pipeline integrity, and facilities management and maintenance at Avila Energy Corporation. William Sandulak is a proven results business professional with over 40 years of Corporate Enterprise sales and sales management experience. Mr. Sandulak has a B. A from the University of Manitoba. George Mendez is a lawyer with a background in the oil and gas business. Mr. Mendez is also a graduate of the London School of Economics. The Company has also received and accepted Mr. Leonard Van Betuw's resignation as Director of the Company. New Risk • Oct 20
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 60% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$8.2m free cash flow). Share price has been highly volatile over the past 3 months (122% average daily change). Earnings have declined by 63% per year over the past 5 years. Shareholders have been substantially diluted in the past year (60% increase in shares outstanding). Revenue is less than US$1m (CA$1.0m revenue, or US$740k). Market cap is less than US$10m (€755.0k market cap, or US$820.2k). New Risk • Sep 01
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$8.2m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$8.2m free cash flow). Share price has been highly volatile over the past 3 months (110% average daily change). Earnings have declined by 63% per year over the past 5 years. Revenue is less than US$1m (CA$921k revenue, or US$684k). Market cap is less than US$10m (€2.46m market cap, or US$2.72m). Minor Risk Shareholders have been diluted in the past year (29% increase in shares outstanding). Reported Earnings • Sep 01
Second quarter 2024 earnings released Second quarter 2024 results: Net loss: CA$571.5k (down CA$683.3k from profit in 2Q 2023). New Risk • Jun 29
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 65% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (48% average daily change). Earnings have declined by 67% per year over the past 5 years. Shareholders have been substantially diluted in the past year (65% increase in shares outstanding). Market cap is less than US$10m (€1.88m market cap, or US$2.01m). Minor Risk Revenue is less than US$5m (CA$1.6m revenue, or US$1.2m). New Risk • Jun 14
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$7.6m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$7.6m free cash flow). Share price has been highly volatile over the past 3 months (45% average daily change). Earnings have declined by 67% per year over the past 5 years. Market cap is less than US$10m (€2.22m market cap, or US$2.38m). Minor Risks Shareholders have been diluted in the past year (47% increase in shares outstanding). Revenue is less than US$5m (CA$1.6m revenue, or US$1.2m). Reported Earnings • Jun 04
First quarter 2024 earnings released: CA$0.01 loss per share (vs CA$0.032 loss in 1Q 2023) First quarter 2024 results: CA$0.01 loss per share (improved from CA$0.032 loss in 1Q 2023). Net loss: CA$1.37m (loss narrowed 62% from 1Q 2023). Reported Earnings • May 02
Full year 2023 earnings released: CA$0.14 loss per share (vs CA$0.39 loss in FY 2022) Full year 2023 results: CA$0.14 loss per share (improved from CA$0.39 loss in FY 2022). Net loss: CA$20.1m (loss narrowed 1.5% from FY 2022). Recent Insider Transactions • Mar 17
President recently sold €95k worth of stock On the 14th of March, Leonard Van Betuw sold around 4m shares on-market at roughly €0.024 per share. This transaction amounted to 8.6% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Leonard's only on-market trade for the last 12 months. Announcement • Mar 14
Avila Energy Appoints Donica Ingot-Candia, CPA as New CFO Avila Energy Corporation announced the appointment of Donica Ingot-Candia, CPA (Philippines) as Avila's new Chief Financial Officer. Ms. Igot-Candia brings over ten years of combined experience in finance and leadership experience. She was formerly a controller with a private Company in Calgary Alberta and has held various accounting positions with companies in the Philippines. Her areas of expertise include corporate finance, M&A, modeling, capital markets, financial reporting, and strategic planning. Announcement • Feb 10
Avila Energy Corporation, Annual General Meeting, Apr 11, 2024 Avila Energy Corporation, Annual General Meeting, Apr 11, 2024. New Risk • Dec 07
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$5.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$5.9m free cash flow). Shares are highly illiquid. Earnings have declined by 75% per year over the past 5 years. Shareholders have been substantially diluted in the past year (87% increase in shares outstanding). Market cap is less than US$10m (€6.11m market cap, or US$6.58m). Minor Risk Revenue is less than US$5m (CA$3.1m revenue, or US$2.3m). Reported Earnings • Dec 01
Third quarter 2023 earnings released: CA$0.01 loss per share (vs CA$0.06 profit in 3Q 2022) Third quarter 2023 results: CA$0.01 loss per share (down from CA$0.06 profit in 3Q 2022). Net loss: CA$1.62m (down 167% from profit in 3Q 2022). 
