Civeo Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	12	5.2	3.32	7.95	6.28	6.16
Cash & Short-Term Investments	12	5.2	3.32	7.95	6.28	6.16
Cash Growth	-32.98%	56.61%	-58.22%	26.62%	2.06%	84.78%
Accounts Receivable	102.68	85.49	139.66	117.81	113.89	88.36
Other Receivables	3.7	3.54	3.56	1.94	0.97	1.42
Receivables	106.38	89.04	143.22	119.76	114.86	89.78
Inventory	5.81	7.54	6.98	6.91	6.47	6.18
Prepaid Expenses	14.64	7.46	8.44	7.2	6.88	7.02
Other Current Assets	1.3	1.21	13.28	11.73	22.71	10.08
Total Current Assets	140.13	110.45	175.25	153.55	157.19	119.21
Property, Plant & Equipment	264.77	216.97	283.61	317.61	408.32	509.54
Goodwill	7.43	7	7.69	7.67	8.2	8.73
Other Intangible Assets	70.75	66.5	78	81.75	93.64	99.75
Long-Term Deferred Tax Assets	-	-	-	-	-	2.23
Other Long-Term Assets	5.85	4.14	3.52	5.6	5.37	1.39
Total Assets	491.07	405.07	548.06	566.18	672.73	740.85
Accounts Payable	43.94	39.97	58.7	51.09	49.32	42.06
Accrued Expenses	33.68	34.93	40.52	39.21	33.56	27.35
Current Portion of Long-Term Debt	-	-	-	28.45	30.58	34.59
Current Portion of Leases	5.11	3.64	3.76	3.79	4.24	4.44
Current Income Taxes Payable	0.13	10.85	3.83	0.18	0.17	0.2
Current Unearned Revenue	2.67	2.5	4.85	0.99	18.48	6.81
Other Current Liabilities	-	0.75	2.58	4.55	0.56	1.32
Total Current Liabilities	85.53	92.65	114.24	128.26	136.92	116.77
Long-Term Debt	187.94	43.3	65.55	102.51	142.6	214
Long-Term Leases	10.09	8.81	9.88	12.77	15.43	19.83
Long-Term Deferred Tax Liabilities	4.34	3.56	11.8	4.78	0.9	-
Other Long-Term Liabilities	17.13	19.76	23.55	14.17	13.78	14.9
Total Liabilities	308.52	168.07	225.02	262.48	309.62	365.5
Additional Paid-In Capital	1,634	1,632	1,629	1,625	1,582	1,578
Retained Earnings	-1,047	-980.72	-919.02	-930.12	-912.95	-907.73
Treasury Stock	-10.78	-10.13	-9.06	-9.06	-8.05	-6.93
Comprehensive Income & Other	-393.34	-404.6	-380.72	-385.19	-361.88	-348.99
Total Common Equity	182.55	236.37	320.17	300.14	299.56	314.67
Minority Interest	-	0.63	2.87	3.56	1.61	0.67
Shareholders' Equity	182.55	237	323.04	303.7	363.11	375.36
Total Liabilities & Equity	491.07	405.07	548.06	566.18	672.73	740.85
Total Debt	203.13	55.75	79.19	147.52	192.85	272.86
Net Cash (Debt)	-191.13	-50.55	-75.87	-139.56	-186.57	-266.7
Net Cash Per Share	-14.47	-3.54	-5.05	-9.97	-13.11	-18.88
Filing Date Shares Outstanding	11.52	13.65	14.67	15.22	14.11	14.29
Total Common Shares Outstanding	11.65	13.65	14.68	15.22	14.11	14.22
Working Capital	54.61	17.81	61.01	25.29	20.28	2.45
Book Value Per Share	15.68	17.31	21.81	19.72	21.23	22.14
Tangible Book Value	104.37	162.87	234.48	210.72	197.71	206.19
Tangible Book Value Per Share	8.96	11.93	15.97	13.85	14.01	14.50
Land	29.04	24.05	27.99	25.53	30.56	47.75
Buildings	13.55	12.39	14.6	15.52	24.34	28.83
Machinery	89.92	88.23	90.53	82.91	92.79	90
Construction In Progress	2.49	6.84	12.09	1.77	2.06	5.52

Source: S&P Global Market Intelligence. Standard template. Financial Sources.