Civeo Corp
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $638.8M | $682.1M | $700.8M | $697.1M | $594.5M | $529.7M | $527.6M | $466.7M |
| Cost of Revenue | $487.8M | $532.7M | $530.3M | $517.1M | — | — | — | — |
| Gross Profit | $151.1M | $149.5M | $170.5M | $180.0M | — | — | — | — |
| Gross Margin | 23.7% | 21.9% | 24.3% | 25.8% | — | — | — | — |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | $75.3M | $73.4M | $72.6M | $70.0M | $60.6M | $53.7M | $59.6M | $67.0M |
| Operating Income | $4.1M | $1.3M | $39.5M | $17.0M | $6.1M | $-147.2M | $-49.1M | $-88.1M |
| Operating Margin | 0.6% | 0.2% | 5.6% | 2.4% | 1.0% | -27.8% | -9.3% | -18.9% |
| Interest Expense | — | — | $13.2M | $11.5M | $13.0M | $16.7M | $27.4M | $26.3M |
| Pretax Income | $-6.5M | $-5.9M | $40.4M | $10.7M | $5.9M | $-143.4M | $-69.1M | $-113.2M |
| Income Tax Expense | $13.6M | $12.5M | $10.6M | $4.4M | $3.4M | $-10.6M | $-10.7M | $-31.4M |
| Net Income | $-20.1M | $-17.1M | $30.2M | $4.0M | $1.4M | $-134.3M | $-58.5M | $-82.2M |
| Net Margin | -3.1% | -2.5% | 4.3% | 0.6% | 0.2% | -25.3% | -11.1% | -17.6% |
| EPS (Basic) | $-1.59 | $-1.19 | $2.02 | $-0.21 | $-0.04 | $-9.64 | $-4.33 | $-10.06 |
| EPS (Diluted) | $-1.59 | $-1.19 | $2.01 | $-0.21 | $-0.04 | $-9.64 | $-4.33 | $-10.06 |
| Shares Outstanding (Basic) | 12.6M | 14.3M | 14.9M | 14.0M | 14.2M | 14.1M | 13.9M | 13.1M |
| Shares Outstanding (Diluted) | 12.6M | 14.3M | 15.0M | 14.0M | 14.2M | 14.1M | 13.9M | 13.1M |
| Dividends Per Share | — | — | — | — | — | — | — | — |