Avalon Acquisition Inc. [Rocket]

Overview

Avalon Acquisition Inc.

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Recent News + Filings (All items)

Date Filed	Type	Description
05/16/2023	425	Form 425 - Prospectuses and communications, business combinations:
05/16/2023	425	Form 425 - Prospectuses and communications, business combinations:
05/16/2023	8-K	Other Events, Financial Statements and Exhibits  Interactive Data
05/12/2023	425	Form 425 - Prospectuses and communications, business combinations:
05/12/2023	10-Q	Quarterly Report for the period ended March 31, 2023
05/12/2023	DEFM14A	Form DEFM14A - Definitive proxy statement relating to merger or acquisition:
04/18/2023	425	Form 425 - Prospectuses and communications, business combinations:

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Dec-31-22	Dec-31-21
Revenues	0.0	0.0
Cost of goods sold	-1.7	-0.4
Gross profit	1.7	0.4
General and administrative	1.3	0.3
EBIT	16.6	8.5
Pre-tax income	9.0	3.8
Income taxes	0.8	0.0
Tax rate	8.5%	0.0%
Net income	8.2	3.8

Diluted EPS	$0.32	$0.40
Shares outstanding (diluted)	26.0	9.5

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.

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