Civeo Corporation (CVEO) Income Statement Analysis

See more : IIFL Finance Limited (IIFL.NS) Income Statement Analysis – Financial Results

Complete financial analysis of Civeo Corporation (CVEO) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Civeo Corporation, a leading company in the Specialty Business Services industry within the Industrials sector.

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Civeo Corporation (CVEO)

Industry: Specialty Business Services

Sector: Industrials

Website: https://civeo.com

About Civeo Corporation

Civeo Corporation provides hospitality services to the natural resource industry in Canada, Australia, and the United States. The company develops lodges and villages; and mobile accommodations, including modular, skid-mounted accommodation, and central facilities that provide long-term and temporary work force accommodations. It also offers food, housekeeping, and maintenance services, as well as laundry, facility management and maintenance, water and wastewater treatment, power generation, communication systems, security, and logistics services; and camp management services. In addition, the company provides development activities for workforce accommodation facilities, including site selection, permitting, engineering and design, manufacturing management, and site construction services, as well as catering and managed services. It owns and operates 27 lodges and villages with approximately 28,000 rooms; and a fleet of mobile accommodation assets. The company serves oil, mining, engineering, and oilfield and mining service companies. Civeo Corporation is headquartered in Houston, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012
Revenue	700.81M	697.05M	594.46M	529.73M	527.56M	466.69M	382.28M	397.23M	517.96M	942.89M	1.04B	1.11B
Cost of Revenue	530.29M	517.06M	436.46M	382.09M	366.81M	330.38M	257.26M	259.65M	327.61M	544.92M	549.62M	552.36M
Gross Profit	170.52M	179.99M	158.00M	147.64M	160.74M	136.31M	125.02M	137.58M	190.35M	397.97M	491.49M	556.52M
Gross Profit Ratio	24.33%	25.82%	26.58%	27.87%	30.47%	29.21%	32.70%	34.63%	36.75%	42.21%	47.21%	50.19%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	69.07M	63.43M	55.30M	68.44M	4.35M	69.59M	64.21M
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	66.00M	0.00	0.00
SG&A	72.61M	69.96M	60.60M	53.66M	59.59M	69.07M	63.43M	55.30M	68.44M	70.35M	69.59M	64.21M
Other Expenses	58.43M	87.29M	83.41M	97.05M	124.06M	1.62M	1.31M	2.65M	3.28M	7.52M	3.75M	3.44M
Operating Expenses	72.61M	157.25M	144.01M	150.71M	183.64M	195.70M	191.39M	187.21M	212.43M	246.00M	232.03M	203.59M
Cost & Expenses	661.32M	674.31M	580.48M	532.80M	550.46M	526.09M	448.64M	446.86M	540.04M	790.92M	781.65M	755.95M
Interest Income	172.00K	39.00K	2.00K	20.00K	78.00K	226.00K	200.00K	152.00K	2.03M	3.92M	2.33M	1.71M
Interest Expense	13.18M	11.47M	12.96M	16.69M	27.38M	26.26M	21.44M	22.67M	22.59M	21.38M	24.96M	27.87M
Depreciation & Amortization	75.14M	87.21M	83.10M	96.55M	123.77M	125.85M	126.44M	131.30M	152.99M	174.97M	167.21M	139.05M
EBITDA	128.68M	109.95M	97.09M	-30.18M	82.08M	38.89M	29.14M	38.04M	11.82M	40.06M	431.54M	497.13M
EBITDA Ratio	18.36%	16.52%	18.55%	21.58%	20.51%	14.64%	16.11%	21.26%	26.30%	35.89%	41.57%	44.83%
Operating Income	39.49M	27.93M	27.19M	17.78M	-15.54M	-88.06M	-97.97M	-95.76M	-145.00M	-142.89M	259.46M	352.93M
Operating Income Ratio	5.63%	4.01%	4.57%	3.36%	-2.95%	-18.87%	-25.63%	-24.11%	-27.99%	-15.15%	24.92%	31.83%
Total Other Income/Expenses	876.00K	-17.20M	-179.00K	3.77M	-20.02M	-25.16M	-20.77M	-20.17M	-18.75M	-13.39M	-20.09M	-22.72M
Income Before Tax	40.36M	10.73M	5.87M	-143.42M	-69.08M	-113.21M	-118.74M	-115.93M	-163.75M	-156.28M	239.37M	330.21M
Income Before Tax Ratio	5.76%	1.54%	0.99%	-27.07%	-13.09%	-24.26%	-31.06%	-29.19%	-31.61%	-16.57%	22.99%	29.78%
Income Tax Expense	10.63M	4.40M	3.38M	-10.64M	-10.74M	-31.37M	-13.49M	-20.11M	-33.09M	31.38M	56.06M	84.27M
Net Income	30.16M	6.33M	2.50M	-132.78M	-58.33M	-82.24M	-105.71M	-96.39M	-131.76M	-189.04M	181.88M	244.72M
Net Income Ratio	4.30%	0.91%	0.42%	-25.07%	-11.06%	-17.62%	-27.65%	-24.27%	-25.44%	-20.05%	17.47%	22.07%
EPS	2.02	0.45	0.18	-9.40	-4.19	-6.28	-9.88	-10.81	-14.88	-21.34	20.45	27.40
EPS Diluted	2.01	0.45	0.18	-9.40	-4.19	-6.28	-9.88	-10.81	-14.83	-21.34	20.45	27.40
Weighted Avg Shares Out	14.91M	14.00M	14.23M	14.13M	13.92M	13.10M	10.70M	8.92M	8.85M	8.86M	8.87M	8.87M
Weighted Avg Shares Out (Dil)	15.01M	14.00M	14.23M	14.13M	13.92M	13.10M	10.70M	8.92M	8.88M	8.86M	8.90M	8.90M

Civeo Reports Fourth Quarter and Full Year 2023 Results

February 29, 2024businesswire.com

HOUSTON & CALGARY, Canada--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) today reported financial and operating results for the fourth quarter and year ended December 31, 2023. “We ended 2023 in a solid financial position. Our continued discipline in capital allocation and strong cash...

Civeo Announces Fourth Quarter 2023 Earnings Conference Call

February 15, 2024businesswire.com

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its fourth quarter 2023 earnings conference call for Thursday, February 29, at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). During the call, Civeo will discuss financial...

Civeo Announces Quarterly Dividend

February 2, 2024businesswire.com

HOUSTON & CALGARY, Alberta--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that its board of directors has declared a quarterly cash dividend of $0.25 per common share, payable on March 18, 2024 to shareholders of record as of close of business on...

4 Stocks Riding High on Increasing Cash Flow to Buy Now

December 22, 2023zacks.com

Analyzing a company's cash position can be rewarding because it reveals its true financial health. EME, ARCO, PLAB and CVEO are worth buying, given their rising cash flows.

Should Value Investors Buy Civeo (CVEO) Stock?

December 8, 2023zacks.com

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong...

Civeo (CVEO)'s Technical Outlook is Bright After Key Golden Cross

November 22, 2023zacks.com

After reaching an important support level, Civeo Corporation (CVEO) could be a good stock pick from a technical perspective. CVEO recently experienced a "golden cross" event, which saw its 50-day simple moving average breaking out above its 200-day simple moving...