Civeo Corp

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
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) ($82.2m) ($58.5m) ($134.2m) $1.4m $4.0m $30.2m ($17.1m) ($20.1m)
Net Income (Loss) Available to Common Stockholders, Basic ($96.4m) ($105.7m) ($131.8m) ($60.3m) ($136.1m) ($575k) ($3.0m) $30.2m ($17.1m) ($20.1m)
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
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)
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
Goodwill, Impairment Loss $93.6m
Gain (Loss) on Disposition of Assets ($29k) $825k $1.6m $3.9m $2.9m $6.2m $4.9m $21.2m $6.4m $2.0m
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
Gain (Loss) on Extinguishment of Debt ($302k) ($842k) ($748k) $0 ($383k) ($416k) $0 $0
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
Operating Lease, Expense $6.8m $6.8m $5.9m $5.0m $4.2m $4.2m $4.5m
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:
Additional Financial Items
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)
Increase (Decrease) in Inventories ($1.8m) $4.5m ($3.4m) $87k ($171k) $526k $1.8m ($5k) $1.2m ($1.7m)
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)
Goodwill $114.2m $110.2m $8.7m $8.2m $7.7m $7.7m $7.0m $7.5m
Inventory Write-down $850k $525k $0 $0
Investment Income, Interest $152k $200k $226k $78k $20k $2k $39k $172k $187k $164k
Nonoperating Income (Expense) ($10.6m)
Operating Expenses $493.0m
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 $54.4m $74.5m $117.4m $88.5m $91.8m $96.6m $83.5m $22.3m
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
Payments to Acquire Businesses, Net of Cash Acquired $0 $0 $171.3m $16.4m $0 $0 $0 $0 $72.2m
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)
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
Proceeds from Issuance of Common Stock $64.7m $0 $0
Payments for Repurchase of Common Stock $4.6m $14.2m $11.6m $29.6m $53.6m
Dividends paid $0 $0 $7.4m $14.4m $3.4m
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) $109.5m ($44.6m) ($114.2m) ($86.5m) ($79.7m) ($86.8m) ($65.2m) $74.7m
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
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
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents $3.3m $6.2m $6.3m $8.0m $3.3m $5.2m $14.4m
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