CVEO Q1 2022 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena

CVEOCiveo Corporation

$360M

Q1 2022 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$166M+32.1% YoY

Gross Profit

$40M24.0% margin

Operating Income

$4M2.6% margin

Net Income

$1M0.9% margin

EPS (Diluted)

$0.06

QoQ Revenue Growth

+3.7%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$673M

Total Liabilities

$300M

Stockholders' Equity

$371M

Cash & Equivalents

$6M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$166M	$125M	+32.1%
Gross Profit	$40M	$26M	+55.5%
Operating Income	$4M	-$10M	+142.8%
Net Income	$1M	-$9M	+114.9%

Revenue Segments

Service and Other

$160M96%

Mobile Facility Rental

$5M3%

Product

$848,0001%

Geographic Segments

Canada Segment

$96M60%

Australia Segment

$64M40%