Civeo Corp
NYSE:CVEO
Income Statement
Earnings Waterfall
Civeo Corp
Revenue
|
700.8m
USD
|
Cost of Revenue
|
-530.1m
USD
|
Gross Profit
|
170.7m
USD
|
Operating Expenses
|
-148.4m
USD
|
Operating Income
|
22.3m
USD
|
Other Expenses
|
7.9m
USD
|
Net Income
|
30.2m
USD
|
Income Statement
Civeo Corp
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
1 041
N/A
|
999
-4%
|
984
-2%
|
982
0%
|
943
-4%
|
861
-9%
|
777
-10%
|
640
-18%
|
518
-19%
|
442
-15%
|
406
-8%
|
404
-1%
|
397
-2%
|
394
-1%
|
379
-4%
|
372
-2%
|
382
+3%
|
392
+3%
|
431
+10%
|
454
+5%
|
467
+3%
|
474
+2%
|
466
-2%
|
494
+6%
|
528
+7%
|
558
+6%
|
550
-1%
|
545
-1%
|
530
-3%
|
516
-3%
|
556
+8%
|
568
+2%
|
595
+5%
|
635
+7%
|
666
+5%
|
695
+4%
|
697
+0%
|
699
+0%
|
693
-1%
|
692
0%
|
701
+1%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(550)
|
(543)
|
(543)
|
(548)
|
(545)
|
(504)
|
(460)
|
(393)
|
(328)
|
(291)
|
(266)
|
(264)
|
(260)
|
(256)
|
(250)
|
(248)
|
(257)
|
(273)
|
(302)
|
(318)
|
(330)
|
(328)
|
(318)
|
(330)
|
(344)
|
(368)
|
(369)
|
(369)
|
(367)
|
(365)
|
(390)
|
(403)
|
(423)
|
(447)
|
(467)
|
(488)
|
(502)
|
(514)
|
(521)
|
(523)
|
(530)
|
|
Gross Profit |
492
N/A
|
457
-7%
|
440
-4%
|
433
-2%
|
398
-8%
|
357
-10%
|
317
-11%
|
247
-22%
|
190
-23%
|
151
-20%
|
140
-7%
|
140
0%
|
138
-1%
|
138
+1%
|
128
-7%
|
124
-3%
|
125
+1%
|
120
-4%
|
128
+7%
|
135
+5%
|
136
+1%
|
146
+7%
|
148
+1%
|
163
+10%
|
183
+12%
|
190
+3%
|
182
-4%
|
176
-3%
|
163
-8%
|
151
-7%
|
166
+10%
|
165
-1%
|
172
+5%
|
188
+9%
|
198
+6%
|
206
+4%
|
195
-5%
|
185
-5%
|
172
-7%
|
170
-1%
|
171
+1%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(232)
|
(235)
|
(240)
|
(240)
|
(246)
|
(251)
|
(245)
|
(235)
|
(212)
|
(199)
|
(189)
|
(188)
|
(187)
|
(188)
|
(185)
|
(187)
|
(191)
|
(192)
|
(203)
|
(206)
|
(196)
|
(200)
|
(192)
|
(192)
|
(206)
|
(200)
|
(187)
|
(177)
|
(166)
|
(159)
|
(162)
|
(162)
|
(158)
|
(168)
|
(166)
|
(169)
|
(172)
|
(176)
|
(167)
|
(159)
|
(148)
|
|
Selling, General & Administrative |
(70)
|
(69)
|
(74)
|
(70)
|
(70)
|
(71)
|
(68)
|
(71)
|
(68)
|
(65)
|
(62)
|
(59)
|
(55)
|
(56)
|
(55)
|
(57)
|
(63)
|
(66)
|
(75)
|
(76)
|
(69)
|
(73)
|
(70)
|
(72)
|
(82)
|
(80)
|
(76)
|
(73)
|
(69)
|
(67)
|
(70)
|
(75)
|
(75)
|
(77)
|
(82)
|
(83)
|
(85)
|
(82)
|
(75)
|
(72)
|
(73)
|
|
Depreciation & Amortization |
(167)
|
(166)
|
(167)
|
(171)
|
(175)
|
(178)
|
(178)
|
(168)
|
(153)
|
(144)
|
(135)
|
(132)
|
(131)
|
(131)
|
(129)
|
(128)
|
(126)
|
(125)
|
(127)
|
(129)
|
(126)
|
(126)
|
(123)
|
(119)
|
(124)
|
(119)
|
(110)
|
(103)
|
(97)
|
(92)
|
(92)
|
(87)
|
(83)
|
(82)
|
(84)
|
(86)
|
(87)
|
(89)
|
(86)
|
(81)
|
(75)
|
|
Other Operating Expenses |
5
|
1
|
1
|
1
|
(1)
|
(2)
|
1
|
5
|
9
|
10
|
8
|
4
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(0)
|
0
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
0
|
0
|
0
|
(0)
|
(9)
|
(0)
|
(0)
|
(0)
|
(6)
|
(6)
|
(6)
|
(0)
|
|
Operating Income |
260
N/A
|
222
-14%
|
200
-10%
|
194
-3%
|
152
-22%
|
106
-30%
|
72
-32%
|
13
-82%
|
(22)
N/A
|
(47)
-114%
|
(49)
-3%
|
(48)
+2%
|
(50)
-4%
|
(50)
N/A
|
(57)
-15%
|
(63)
-10%
|
(66)
-6%
|
(72)
-9%
|
(75)
-3%
|
(71)
+5%
|
(59)
+16%
|
(53)
+10%
|
(45)
+17%
|
(29)
+36%
|
(23)
+20%
|
(10)
+56%
|
(5)
+48%
|
(1)
+79%
|
(3)
-182%
|
(8)
-158%
|
4
N/A
|
3
-29%
|
14
+419%
|
20
+41%
|
32
+63%
|
37
+15%
|
23
-39%
|
9
-61%
|
5
-45%
|
10
+106%
|
22
+121%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(23)
|
(21)
|
(19)
|
(18)
|
(18)
|
(18)
|
(19)
|
(21)
|
(21)
|
(21)
|
(21)
|
(21)
|
(23)
|
(23)
|
(22)
|
(21)
|
(21)
|
(22)
|
(24)
|
(25)
|
(26)
|
(27)
|
(27)
|
(27)
|
(27)
|
(26)
|
(24)
|
(20)
|
(17)
|
(15)
|
(14)
|
(14)
|
(13)
|
(12)
|
(11)
|
(11)
|
(11)
|
(13)
|
(14)
|
(14)
|
(13)
|
|
Non-Reccuring Items |
(1)
|
(2)
|
(18)
|
(19)
|
(298)
|
(301)
|
(293)
|
(404)
|
(124)
|
(130)
|
(121)
|
(46)
|
(46)
|
(39)
|
(39)
|
(5)
|
(32)
|
(60)
|
(61)
|
(57)
|
(29)
|
(1)
|
(6)
|
(6)
|
(26)
|
(170)
|
(165)
|
(165)
|
(145)
|
(0)
|
(8)
|
(8)
|
(8)
|
0
|
(0)
|
0
|
(6)
|
0
|
0
|
0
|
17
|
|
Total Other Income |
4
|
4
|
4
|
1
|
8
|
8
|
8
|
8
|
3
|
3
|
2
|
3
|
3
|
3
|
4
|
3
|
1
|
3
|
3
|
3
|
2
|
2
|
3
|
6
|
7
|
4
|
16
|
18
|
21
|
26
|
14
|
10
|
13
|
10
|
10
|
11
|
5
|
6
|
6
|
(1)
|
14
|
|
Pre-Tax Income |
239
N/A
|
204
-15%
|
168
-17%
|
159
-6%
|
(156)
N/A
|
(204)
-30%
|
(232)
-14%
|
(404)
-74%
|
(164)
+59%
|
(196)
-20%
|
(190)
+3%
|
(113)
+40%
|
(116)
-2%
|
(109)
+6%
|
(114)
-5%
|
(86)
+24%
|
(119)
-38%
|
(151)
-27%
|
(156)
-4%
|
(149)
+5%
|
(113)
+24%
|
(79)
+30%
|
(73)
+7%
|
(56)
+24%
|
(69)
-23%
|
(202)
-193%
|
(178)
+12%
|
(168)
+5%
|
(143)
+15%
|
3
N/A
|
(5)
N/A
|
(9)
-107%
|
6
N/A
|
18
+200%
|
30
+71%
|
38
+24%
|
11
-71%
|
2
-79%
|
(3)
N/A
|
(5)
-69%
|
40
N/A
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(56)
|
(48)
|
(32)
|
(29)
|
(31)
|
(20)
|
(19)
|
12
|
33
|
39
|
34
|
23
|
20
|
18
|
20
|
13
|
14
|
11
|
32
|
33
|
31
|
35
|
15
|
16
|
11
|
15
|
12
|
5
|
11
|
1
|
1
|
(0)
|
(3)
|
(4)
|
(6)
|
(8)
|
(4)
|
(4)
|
(5)
|
(0)
|
(11)
|
|
Income from Continuing Operations |
183
|
156
|
137
|
130
|
(188)
|
(224)
|
(252)
|
(392)
|
(131)
|
(158)
|
(156)
|
(91)
|
(96)
|
(90)
|
(93)
|
(74)
|
(105)
|
(140)
|
(125)
|
(116)
|
(82)
|
(44)
|
(59)
|
(40)
|
(58)
|
(187)
|
(165)
|
(163)
|
(133)
|
4
|
(3)
|
(10)
|
3
|
14
|
24
|
29
|
6
|
(2)
|
(8)
|
(5)
|
30
|
|
Income to Minority Interest |
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
0
|
|
Net Income (Common) |
181
N/A
|
154
-15%
|
135
-12%
|
128
-5%
|
(188)
N/A
|
(224)
-19%
|
(252)
-12%
|
(392)
-56%
|
(132)
+66%
|
(159)
-20%
|
(157)
+1%
|
(91)
+42%
|
(96)
-6%
|
(91)
+6%
|
(94)
-4%
|
(74)
+21%
|
(106)
-43%
|
(140)
-33%
|
(174)
-24%
|
(166)
+5%
|
(132)
+20%
|
(94)
+29%
|
(61)
+35%
|
(42)
+31%
|
(60)
-43%
|
(189)
-213%
|
(167)
+11%
|
(166)
+1%
|
(136)
+18%
|
(1)
+100%
|
(7)
-1 340%
|
(13)
-76%
|
(1)
+95%
|
10
N/A
|
20
+93%
|
25
+26%
|
2
-91%
|
(5)
N/A
|
(10)
-90%
|
(6)
+39%
|
30
N/A
|
|
EPS (Diluted) |
20.35
N/A
|
17.26
-15%
|
15.15
-12%
|
14.33
-5%
|
-21.13
N/A
|
-25.19
-19%
|
-28.26
-12%
|
-43.98
-56%
|
-14.8
+66%
|
-17.84
-21%
|
-17.61
+1%
|
-10.21
+42%
|
-10.83
-6%
|
-8.96
+17%
|
-8.6
+4%
|
-6.78
+21%
|
-9.88
-46%
|
-12.74
-29%
|
-12.58
+1%
|
-12
+5%
|
-10.06
+16%
|
-6.81
+32%
|
-4.34
+36%
|
-3
+31%
|
-4.33
-44%
|
-13.38
-209%
|
-11.68
+13%
|
-11.69
0%
|
-9.64
+18%
|
-0.02
+100%
|
-0.5
-2 400%
|
-0.89
-78%
|
-0.04
+96%
|
0.72
N/A
|
1.39
+93%
|
1.76
+27%
|
0.16
-91%
|
-0.35
N/A
|
-0.64
-83%
|
-0.39
+39%
|
2.01
N/A
|