Civeo Corporation
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-20.1M | $-17.1M | $30.2M | $4.0M | $1.4M | $-134.3M | $-58.5M | $-82.2M |
| Depreciation & Amortization | $72.6M | $68.0M | $75.1M | $87.2M | $83.1M | $96.5M | $123.8M | $125.8M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | $6.5M | $6.1M | $5.8M | $5.9M | $6.0M | $14.1M | $14.8M | $17.6M |
| Stock-Based Compensation | — | — | — | — | — | — | — | — |
| Net Cash from Operating Activities | $22.3M | $83.5M | $96.6M | $91.8M | $88.5M | $117.4M | $74.5M | $54.4M |
| Investing Activities | ||||||||
| Capital Expenditures | $20.2M | $26.1M | $31.6M | $25.4M | $15.6M | $10.1M | $29.8M | $17.1M |
| Business Acquisitions | $72.2M | $0 | $0 | — | $0 | $0 | $16.4M | $171.3M |
| Net Cash from Investing Activities | $-90.1M | $-14.9M | $-14.5M | $-8.9M | $-706.0K | $-1.8M | $-38.6M | $-181.9M |
| Financing Activities | ||||||||
| Dividends Paid | $3.4M | $14.4M | $7.4M | $0 | $0 | — | — | — |
| Stock Repurchases | $53.6M | $29.6M | $11.6M | $14.2M | $4.6M | $0 | $0 | — |
| Net Cash from Financing Activities | $74.7M | $-65.2M | $-86.8M | $-79.7M | $-86.5M | $-114.2M | $-44.6M | $109.5M |
| Net Change in Cash | $9.2M | $1.9M | $-4.6M | $1.7M | $127.0K | $2.8M | $-9.0M | $-20.3M |
| Free Cash Flow | $2.1M | $57.4M | $64.9M | $66.4M | $73.0M | $107.3M | $44.7M | $37.3M |