XPRO Q2 2023 Earnings — Expro Group Holdings N.V. Revenue & Financial Results | Market Cap Arena

XPROExpro Group Holdings N.V.

$2B

Q2 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$397M+26.6% YoY

Gross Profit

$41M10.3% margin

Operating Income

$25M6.2% margin

Net Income

$9M2.3% margin

EPS (Diluted)

$0.09

QoQ Revenue Growth

+17.0%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

-$4M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$647M

Stockholders' Equity

$1.3B

Cash & Equivalents

$181M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$397M	$314M	+26.6%
Gross Profit	$41M	$22M	+88.2%
Operating Income	$25M	$4M	+544.5%
Net Income	$9M	-$4M	+313.7%

Revenue Segments

Well Management

$253M64%

Well Construction

$144M36%

Geographic Segments

ESSA

$138M35%

NLA

$135M34%

APAC

$65M16%

MENA

$59M15%