For the year ending 2025-12-31, CVEO made $638,849K in revenue. -$20,071K in net income. Net profit margin of -3.14%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 638,849 | 682,122 | ||
| Cost of services provided | 487,761 | 532,667 | ||
| Selling, general and administrative expenses | 75,342 | 73,350 | ||
| Other operating expense | - | 898 | ||
| Depreciation and amortization expense | 72,618 | 68,038 | ||
| Impairment expense | 0 | 11,581 | ||
| Gain on sale of mcclelland lake lodge assets, net | 0 | 5,744 | ||
| Other operating (income) expense | 987 | - | ||
| Total costs and expenses | 634,734 | 680,790 | ||
| Operating income | 4,115 | 1,332 | ||
| Other income | - | 517 | ||
| Interest expense | 11,418 | 7,973 | ||
| Interest income | 164 | 187 | ||
| Other income | 683 | - | ||
| Income (loss) before income taxes | -6,456 | -5,937 | ||
| Income tax expense | 13,620 | 12,492 | ||
| Net income (loss) | -20,076 | -18,429 | ||
| Less net loss attributable to noncontrolling interest | -5 | -1,362 | ||
| Net income (loss) attributable to civeo corporation | -20,071 | -17,067 | ||
| Net income (loss) attributable to civeo common shareholders | - | -17,067 | ||
| Basic EPS | -1.59 | -1.19 | ||
| Diluted EPS | -1.59 | -1.19 | ||
| Basic Average Shares | 12,646,000 | 14,287,000 | ||
| Diluted Average Shares | 12,646,000 | 14,287,000 | ||
Civeo Corp (CVEO)
Civeo Corp (CVEO)