Civeo Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	14.44	5.2	3.32	7.95	6.28
Cash & Short-Term Investments	14.44	5.2	3.32	7.95	6.28
Cash Growth	177.46%	56.61%	-58.22%	26.62%	2.06%
Accounts Receivable	87.05	85.49	139.66	117.81	113.89
Other Receivables	4.79	3.54	3.56	1.94	0.97
Receivables	91.83	89.04	143.22	119.76	114.86
Inventory	6.22	7.54	6.98	6.91	6.47
Prepaid Expenses	17.21	7.46	8.44	7.2	6.88
Other Current Assets	1.51	1.21	13.28	11.73	22.71
Total Current Assets	131.21	110.45	175.25	153.55	157.19
Property, Plant & Equipment	262.09	216.97	283.61	317.61	408.32
Goodwill	7.54	7	7.69	7.67	8.2
Other Intangible Assets	70.41	66.5	78	81.75	93.64
Long-Term Accounts Receivable	2.73	-	-	-	-
Other Long-Term Assets	3.43	4.14	3.52	5.6	5.37
Total Assets	477.41	405.07	548.06	566.18	672.73
Accounts Payable	44.28	39.97	58.7	51.09	49.32
Accrued Expenses	30.84	34.93	40.52	39.21	33.56
Current Portion of Long-Term Debt	-	-	-	28.45	30.58
Current Portion of Leases	4.47	3.64	3.76	3.79	4.24
Current Income Taxes Payable	0.15	10.85	3.83	0.18	0.17
Current Unearned Revenue	2.9	2.5	4.85	0.99	18.48
Other Current Liabilities	2.29	0.75	2.58	4.55	0.56
Total Current Liabilities	84.94	92.65	114.24	128.26	136.92
Long-Term Debt	182.84	43.3	65.55	102.51	142.6
Long-Term Leases	13.52	8.81	9.88	12.77	15.43
Long-Term Unearned Revenue	2.91	5.1	-	-	-
Long-Term Deferred Tax Liabilities	3.32	3.56	11.8	4.78	0.9
Other Long-Term Liabilities	15.5	14.66	23.55	14.17	13.78
Total Liabilities	303.03	168.07	225.02	262.48	309.62
Additional Paid-In Capital	1,635	1,632	1,629	1,625	1,582
Retained Earnings	-1,059	-980.72	-919.02	-930.12	-912.95
Treasury Stock	-10.78	-10.13	-9.06	-9.06	-8.05
Comprehensive Income & Other	-390.81	-404.6	-380.72	-385.19	-361.88
Total Common Equity	174.38	236.37	320.17	300.14	299.56
Minority Interest	-	0.63	2.87	3.56	1.61
Shareholders' Equity	174.38	237	323.04	303.7	363.11
Total Liabilities & Equity	477.41	405.07	548.06	566.18	672.73
Total Debt	200.84	55.75	79.19	147.52	192.85
Net Cash (Debt)	-186.4	-50.55	-75.87	-139.56	-186.57
Net Cash Per Share	-14.74	-3.54	-5.05	-9.97	-13.11
Filing Date Shares Outstanding	10.95	13.65	14.67	15.22	14.11
Total Common Shares Outstanding	11.43	13.65	14.68	15.22	14.11
Working Capital	46.28	17.81	61.01	25.29	20.28
Book Value Per Share	15.25	17.31	21.81	19.72	21.23
Tangible Book Value	96.43	162.87	234.48	210.72	197.71
Tangible Book Value Per Share	8.43	11.93	15.97	13.85	14.01
Land	29.48	24.05	27.99	25.53	30.56
Buildings	13.82	12.39	14.6	15.52	24.34
Machinery	92.98	88.23	90.53	82.91	92.79
Construction In Progress	1.69	6.84	12.09	1.77	2.06

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

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