← Civeo Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($96.4m) |
($105.7m)
-9.67%
|
($82.2m)
+22.20%
|
($58.5m)
+28.88%
|
($134.2m)
-129.52%
|
$1.4m
+101.01%
|
$4.0m
+196.07%
|
$30.2m
+654.49%
|
($17.1m)
-156.59%
|
($20.1m)
-17.60%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($96.4m) |
($105.7m)
-9.67%
|
($131.8m)
-24.71%
|
($60.3m)
+54.23%
|
($136.1m)
-125.62%
|
($575k)
+99.58%
|
($3.0m)
-415.30%
|
$30.2m
+1117.79%
|
($17.1m)
-156.59%
|
($20.1m)
-17.63%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($95.8m) | ($105.3m) | ($81.8m) | ($58.3m) | ($132.8m) | $2.5m | $6.3m | $29.7m | ($18.4m) | ($20.1m) | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $561k | $459k | $396k | $157k | $1.5m | $1.1m | $2.3m | ($427k) | ($1.4m) | ($5k) | — | |
| Depreciation, Depletion and Amortization | $131.3m | $126.4m | $125.8m | $123.8m | $96.5m | $83.1m | $87.2m | $75.1m | $68.0m | $72.6m | $72.2m | |
| Amortization of Intangible Assets | $7.2m | $7.3m | $17.6m | $14.8m | $14.1m | $6.0m | $5.9m | $5.8m | $6.1m | $6.5m | — | |
| Deferred Income Tax Expense (Benefit) | ($13.2m) | ($9.0m) | ($31.4m) | ($11.7m) | ($11.1m) | $3.1m | $4.2m | $6.8m | ($7.7m) | ($4.4m) | ($4.2m) | |
| Share-based Payment Arrangement, Expense | $9.9m | $15.4m | $15.4m | $13.9m | $8.4m | $9.9m | $14.9m | $11.8m | $9.2m | $9.4m | $2.7m | |
| Goodwill, Impairment Loss | — | — | — | — | $93.6m | — | — | — | — | — | $3.8m | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | — | — | — | ($10.6m) | — | |
| Other Nonoperating Income (Expense) | $2.6m | $1.3m | $1.6m | $7.3m | $20.8m | $13.2m | $5.1m | $13.9m | ($7.3m) | $683k | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | ($6.7m) | $6.9m | ($13.3m) | $20.5m | ($13.7m) | $28.1m | $14.4m | $22.3m | ($44.2m) | ($4.7m) | ($3.7m) | |
| Increase (Decrease) in Inventories | ($1.8m) | $4.5m | ($3.4m) | $87k | ($171k) | $526k | $1.8m | ($5k) | $1.2m | ($1.7m) | ($682k) | |
| Inventory Write-down | $850k | $525k | $0 | $0 | — | — | — | — | — | — | — | |
| Other Operating Income (Expense), Net | ($612k) | ($1.5m) | ($790k) | ($290k) | ($506k) | ($313k) | ($74k) | ($479k) | ($6.7m) | $987k | — | |
| Net Cash Provided by (Used in) Operating Activities | $62.1m |
$56.8m
-8.50%
|
$54.4m
-4.29%
|
$74.5m
+36.94%
|
$117.4m
+57.57%
|
$88.5m
-24.56%
|
$91.8m
+3.66%
|
$96.6m
+5.22%
|
$83.5m
-13.52%
|
$22.3m
-73.25%
|
$35.0m
+56.65%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $19.8m | $11.2m | $17.1m | $29.8m | $10.1m | $15.6m | $25.4m | $31.6m | $26.1m | $20.2m | ($18.3m) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $5.8m | $1.9m | $5.8m | $5.9m | $3.7m | $14.3m | $16.3m | $18.6m | $5.7m | $0 | ($2.1m) | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | $171.3m | $16.4m | $0 | $0 | — | $0 | $0 | $72.2m | ($7.2m) | |
| Payments for (Proceeds from) Other Investing Activities | ($1.3m) | ($548k) | ($654k) | ($1.8m) | ($4.6m) | ($559k) | ($190k) | ($372k) | ($183k) | $0 | — | |
| Net Cash Provided by (Used in) Investing Activities | ($12.7m) | ($8.7m) | ($181.9m) | ($38.6m) | ($1.8m) | ($706k) | ($8.9m) | ($14.5m) | ($14.9m) | ($90.1m) | ($22.3m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | $41.0m | $40.8m | $26.6m | $34.9m | $39.9m | $125.5m | $30.4m | $29.9m | $0 | $0 | ($476.9m) | |
| Gain (Loss) on Extinguishment of Debt | ($302k) | ($842k) | ($748k) | $0 | ($383k) | ($416k) | $0 | $0 | — | — | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | — | $4.6m | $14.2m | $11.6m | $29.6m | $53.6m | — | |
| Proceeds from Issuance of Common Stock | — | $64.7m | $0 | $0 | — | — | — | — | — | — | — | |
| Dividends paid | — | — | — | — | — | $0 | $0 | $7.4m | $14.4m | $3.4m | $0 | |
| Proceeds from (Payments for) Other Financing Activities | — | ($293k) | ($832k) | ($4.3m) | ($1.5m) | ($1.1m) | ($1.1m) | $0 | ($1.1m) | ($645k) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($58.3m) |
($18.1m)
+68.99%
|
$109.5m
+706.04%
|
($44.6m)
-140.75%
|
($114.2m)
-155.89%
|
($86.5m)
+24.25%
|
($79.7m)
+7.92%
|
($86.8m)
-8.97%
|
($65.2m)
+24.89%
|
$74.7m
+214.60%
|
($6.1m)
-108.12%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $2.8m | $846k | ($2.2m) | ($313k) | $2.8m | $127k | $1.7m | ($4.6m) | $1.9m | $9.2m | $21.3m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | $3.3m | $6.2m | $6.3m | $8.0m | $3.3m | $5.2m | $14.4m | $21.3m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $2.8m | $846k | ($2.2m) | ($313k) | $1.4m | ($1.2m) | ($1.5m) | $127k | ($1.5m) | $2.3m | ($657k) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $18.9m | $17.4m | $23.1m | $23.9m | $12.6m | $10.0m | $9.2m | $10.2m | $5.5m | $8.7m | — | |
| Income Taxes Paid, Net | $3.4m | ($7.8m) | ($5.3m) | $1.0m | $600k | $334k | $220k | $251k | $12.3m | $33.6m | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $1.4m | $1.4m | $1.7m | $1.5m | $1.5m | $1.4m | $1.8m | $1.1m | $1.1m | $1.1m | — | |
| Foreign Currency Transaction Gain (Loss), Realized | — | ($1.5m) | ($800k) | ($300k) | ($500k) | ($300k) | ($100k) | ($500k) | ($900k) | ($400k) | — | |
| Gain (Loss) on Disposition of Assets | ($29k) | $825k | $1.6m | $3.9m | $2.9m | $6.2m | $4.9m | $21.2m | $6.4m | $2.0m | — | |
| Goodwill | — | — | $114.2m | $110.2m | $8.7m | $8.2m | $7.7m | $7.7m | $7.0m | $7.5m | $3.8m | |
| Income Tax Expense (Benefit) | ($20.1m) | ($13.5m) | ($31.4m) | ($10.7m) | ($10.6m) | $3.4m | $4.4m | $10.6m | $12.5m | $13.6m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $8.0m | $11.4m | — | |
| Investment Income, Interest | $152k | $200k | $226k | $78k | $20k | $2k | $39k | $172k | $187k | $164k | — | |
| Operating Expenses | $493.0m | — | — | — | — | — | — | — | — | — | — | |
| Operating Lease, Expense | — | — | — | $6.8m | $6.8m | $5.9m | $5.0m | $4.2m | $4.2m | $4.5m | — |