CVEO Q4 2022 Earnings — Civeo Corporation Revenue & Financial Results | Market Cap Arena

CVEOCiveo Corporation

$360M

Q4 2022 Earnings

Industrials Specialty Business Services

Income Statement

Revenue

$162M+1.5% YoY

Gross Profit

$35M21.3% margin

Operating Income

-$12M-7.6% margin

Net Income

-$13M-7.8% margin

EPS (Diluted)

$-1.31

QoQ Revenue Growth

-12.0%

Cash Flow

Operating Cash Flow

$29M

Free Cash Flow

$21M

Stock-Based Comp.

$926,000

Balance Sheet

Total Assets

$566M

Total Liabilities

$262M

Stockholders' Equity

$300M

Cash & Equivalents

$8M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$162M	$160M	+1.5%
Gross Profit	$35M	$43M	-18.9%
Operating Income	-$12M	$8M	-256.7%
Net Income	-$13M	$10M	-223.6%

Revenue Segments

Service and Other

$162M100%

Product

$284,0000%

Mobile Facility Rental

$236,0000%

Geographic Segments

Australia Segment

$35M61%

Canada Segment

$23M39%