Balance Sheet Expro Group Holdings N.V.

Equities

XPRO

NL0010556684

Oil Related Services and Equipment

Market Closed - Nyse Other stock markets 04:00:02 2025-12-12 pm EST			5-day change	1st Jan Change
14.04 ^USD	-4.10%		-5.58%	+12.59%

Dec. 02	Ukraine keeps power imports at high level amid Russian attacks, analyst says	RE
Nov. 23	Expro Group Holdings N.V.'s Equity Buyback announced on June 16, 2022, has expired.	CI

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Published financial data: EXPRO GROUP HOLDINGS N.V.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	675M	826M	1.28B	1.51B	1.71B
Total Revenues	675M	826M	1.28B	1.51B	1.71B
Cost of Goods Sold, Total	680M	701M	1.06B	1.24B	1.33B
Gross Profit	-4.77M	125M	222M	271M	379M
Selling General & Admin Expenses, Total	20.91M	71.54M	55.9M	62.75M	86.52M
Depreciation & Amortization - (IS)	-	124M	140M	172M	163M
Other Operating Expenses, Total	20.91M	195M	196M	235M	250M
Operating Income	-25.68M	-70.81M	26.4M	36.46M	129M
Interest Expense, Total	-5.66M	-8.8M	-241K	-3.94M	-12.52M
Interest And Investment Income	-	-	-	-	-
Net Interest Expenses	-5.66M	-8.8M	-241K	-3.94M	-12.52M
Income (Loss) On Equity Invest.	13.59M	16.75M	15.73M	12.85M	16.42M
Currency Exchange Gains (Loss)	-	-	-	-	-
Other Non Operating Income (Expenses)	-1.4M	1.66M	660K	-268K	-2M
EBT, Excl. Unusual Items	-19.15M	-61.2M	42.55M	45.1M	131M
Restructuring Charges	-13.93M	-7.83M	-7.82M	-13.81M	-23.13M
Merger & Related Restructuring Charges	-	-47.59M	-13.62M	-9.76M	-16.33M
Impairment of Goodwill	-192M	-	-	-	-
Gain (Loss) On Sale Of Investments	-	-	-	-	-
Gain (Loss) On Sale Of Assets	10.08M	1M	-	-	-
Asset Writedown	-95.56M	-	-	-	-
Other Unusual Items	-	-	-	-576K	6.08M
EBT, Incl. Unusual Items	-310M	-116M	21.1M	20.95M	97.97M
Income Tax Expense	-3.4M	16.27M	41.25M	44.31M	46.05M
Earnings From Continuing Operations	-307M	-132M	-20.14M	-23.36M	51.92M
Net Income to Company	-307M	-132M	-20.14M	-23.36M	51.92M
Net Income - (IS)	-307M	-132M	-20.14M	-23.36M	51.92M
Net Income to Common Incl Extra Items	-307M	-132M	-20.14M	-23.36M	51.92M
Net Income to Common Excl. Extra Items	-307M	-132M	-20.14M	-23.36M	51.92M
Per Share Items
Net EPS - Basic	-5.25	-1.64	-0.18	-0.21	0.45
Basic EPS - Continuing Operations	-5.25	-1.64	-0.18	-0.21	0.45
Basic Weighted Average Shares Outstanding	58.49M	80.53M	109M	109M	115M
Net EPS - Diluted	-5.25	-1.64	-0.18	-0.21	0.45
Diluted EPS - Continuing Operations	-5.25	-1.64	-0.18	-0.21	0.45
Diluted Weighted Average Shares Outstanding	58.49M	80.53M	109M	109M	116M
Normalized Basic EPS	-0.2	-0.48	0.24	0.26	0.72
Normalized Diluted EPS	-0.2	-0.48	0.24	0.26	0.71
Supplemental Items
EBITDA	88.01M	53.05M	166M	209M	293M
EBITA	2.52M	-42.71M	63.8M	74.96M	177M
EBIT	-25.68M	-70.81M	26.4M	36.46M	129M
EBITDAR	164M	129M	276M	357M	433M
Effective Tax Rate - (Ratio)	1.1	-14.07	195.46	211.52	47
Current Domestic Taxes	-	-	-	-	-
Current Foreign Taxes	-	-	-	-	-
Total Current Taxes	17.18M	16.99M	42.59M	54.78M	50.72M
Total Deferred Taxes	-20.58M	-726K	-1.34M	-10.48M	-4.68M
Normalized Net Income	-11.97M	-38.25M	26.59M	28.19M	82.09M
Interest on Long-Term Debt	2.39M	2.25M	2.01M	1.97M	2.3M
Non-Cash Pension Expense	-3.68M	-2.58M	-2.74M	-1.5M	-1.9M
Supplemental Operating Expense Items
General and Administrative Expenses	24.59M	73.88M	58.39M	64.25M	88.42M
Research And Development Expense From Footnotes	45.02M	6.7M	7.3M	11.4M	17.2M
Net Rental Expense, Total	76.03M	76.24M	110M	148M	141M
Imputed Operating Lease Interest Expense	35.23M	53.34M	2.07M	45.43M	89.68M
Imputed Operating Lease Depreciation	40.8M	22.9M	108M	103M	50.9M
Stock-Based Comp., Other (Total)	-	54.16M	18.49M	19.57M	26.35M
Total Stock-Based Compensation	-	54.16M	18.49M	19.57M	26.35M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	117M	235M	215M	152M	183M
Total Cash And Short Term Investments	117M	235M	215M	152M	183M
Accounts Receivable, Total	194M	319M	419M	469M	518M
Other Receivables	39.54M	20.56M	26.94M	27.58M	28.64M
Total Receivables	233M	340M	446M	497M	546M
Inventory	53.36M	125M	154M	143M	159M
Prepaid Expenses	16.08M	-	-	-	-
Restricted Cash	3.78M	4.46M	3.67M	1.42M	1.63M
Other Current Assets, Total	4.66M	59.32M	47.15M	58.41M	74.13M
Total Current Assets	428M	764M	866M	852M	964M
Gross Property Plant And Equipment	611M	914M	989M	1.17B	1.33B
Accumulated Depreciation	-259M	-352M	-451M	-584M	-697M
Net Property Plant And Equipment	352M	562M	537M	586M	630M
Long-term Investments	45.09M	57.6M	66.04M	66.4M	73.01M
Goodwill	25.5M	180M	221M	248M	349M
Other Intangibles, Total	173M	253M	230M	240M	299M
Accounts Receivable Long-Term	11.32M	11.53M	9.69M	9.77M	7.43M
Deferred Tax Assets Long-Term	-	-	-	-	-
Other Long-Term Assets, Total	4.75M	26.46M	8.26M	12.3M	10.94M
Total Assets	1.04B	1.85B	1.94B	2.01B	2.33B
Liabilities
Accounts Payable, Total	63.86M	84.95M	101M	147M	144M
Accrued Expenses, Total	88.09M	128M	140M	156M	181M
Current Portion of Leases	15.28M	20.84M	20.1M	19.5M	19.49M
Current Income Taxes Payable	13.66M	23M	37.15M	45.08M	52.44M
Unearned Revenue Current, Total	29.06M	-	-	26M	3.8M
Other Current Liabilities	14.27M	74.21M	140M	95.06M	83.88M
Total Current Liabilities	224M	331M	438M	489M	484M
Long-Term Debt	-	-	-	20M	121M
Long-Term Leases	75.56M	89.46M	74.62M	71.39M	62.49M
Unearned Revenue Non Current	-	-	-	1.21M	3.31M
Pension & Other Post Retirement Benefits	57.95M	29.12M	11.34M	10.44M	10.43M
Deferred Tax Liability Non Current	26.82M	31.74M	30.42M	22.71M	44.31M
Other Non Current Liabilities	43.23M	75.54M	97.16M	103M	116M
Total Liabilities	428M	557M	651M	717M	842M
Common Stock, Total	585K	7.84M	7.91M	8.06M	8.49M
Additional Paid In Capital	1.01B	1.83B	1.85B	1.91B	2.08B
Retained Earnings	-404M	-536M	-556M	-579M	-527M
Treasury Stock	-	-22.78M	-40.87M	-64.7M	-83.42M
Comprehensive Income and Other	9.04M	20.36M	27.55M	22.32M	14.47M
Total Common Equity	612M	1.3B	1.29B	1.3B	1.49B
Total Equity	612M	1.3B	1.29B	1.3B	1.49B
Total Liabilities And Equity	1.04B	1.85B	1.94B	2.01B	2.33B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	58.49M	109M	109M	110M	116M
ECS Total Common Shares Outstanding	58.49M	110M	109M	110M	116M
Book Value / Share	10.46	11.83	11.82	11.78	12.82
Tangible Book Value	413M	865M	835M	808M	844M
Tangible Book Value Per Share	7.07	7.88	7.68	7.35	7.25
Total Debt	90.84M	110M	94.72M	111M	203M
Net Debt	-26.09M	-125M	-120M	-40.86M	20.01M
Debt Equivalent of Unfunded Proj. Benefit Obligation	57.95M	29.12M	11.34M	10.44M	10.43M
Debt Equivalent Oper. Leases	608M	610M	882M	1.18B	1.12B
Equity Method Investments, Total	45.09M	57.6M	66.04M	66.4M	73.01M
Account Code - Inventory Valuation	6	-	-	6	6
Inventories - Raw Materials, Total	531K	76.02M	102M	99.01M	143M
Inventories - Work In Process, Total	10.36M	14.19M	24.51M	18.46M	2.23M
Inventories - Finished Goods, Total	42.46M	34.9M	26.81M	25.85M	13.32M
Inventories - Others	-	-	-	-	-
Land - (BS)	3.38M	21.58M	22.26M	22.18M	22.18M
Buildings, Total	30.51M	86.04M	79.87M	76.54M	83.49M
Machinery, Total	520M	700M	789M	971M	1.13B
Full Time Employees	3.9K	7.2K	7.6K	8K	8.5K
Accumulated Allowance for Doubtful Accounts (Supple)	-	-	-	-	-

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	-307M	-132M	-20.14M	-23.36M	51.92M
Depreciation & Amortization - CF	85.49M	95.77M	102M	134M	115M
Amortization of Goodwill and Intangible Assets - (CF)	28.2M	28.1M	37.4M	38.5M	48M
Depreciation & Amortization, Total	114M	124M	140M	172M	163M
Amortization of Deferred Charges, Total - (CF)	-	5.17M	-	-	-
(Gain) Loss From Sale Of Asset	-10.08M	-1M	-	-	-
(Gain) Loss on Sale of Investments - (CF)	-	-511K	1.2M	-	-
Asset Writedown & Restructuring Costs	287M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-13.59M	-16.75M	-15.73M	-12.85M	-16.42M
Stock-Based Compensation (CF)	-	54.16M	18.49M	19.57M	26.35M
Other Operating Activities, Total	-19.58M	-7.57M	-1.11M	-1.37M	-12.1M
Change In Accounts Receivable	38.49M	-20.26M	-97.76M	-34.9M	-17.3M
Change In Inventories	2.78M	906K	-26.04M	10.58M	4.93M
Change In Accounts Payable	-25.16M	5.37M	35.49M	34.6M	-11.08M
Change In Income Taxes	-4.24M	-2.06M	10.21M	8.8M	11.9M
Change in Other Net Operating Assets	7.68M	6.7M	35.8M	-35.02M	-32.2M
Cash from Operations	70.39M	16.14M	80.17M	138M	169M
Capital Expenditure	-112M	-81.51M	-81.9M	-122M	-144M
Sale of Property, Plant, and Equipment	15.61M	3.82M	7.28M	2.01M	2.9M
Cash Acquisitions	-	-	-	-28.71M	-31.97M
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-	-	-7.97M	-	-
Investment in Marketable and Equity Securities, Total	-	-	11.39M	572K	-
Other Investing Activities, Total	-	190M	-	-	7.5M
Cash from Investing	-96.77M	112M	-71.21M	-148M	-165M
Long-Term Debt Issued, Total	-	-	-	50M	117M
Total Debt Issued	-	-	-	50M	117M
Long-Term Debt Repaid, Total	-1.8M	-1.17M	-1M	-67.22M	-46.49M
Total Debt Repaid	-1.8M	-1.17M	-1M	-67.22M	-46.49M
Issuance of Common Stock	-	-	-	-	-
Repurchase of Common Stock	-	-818K	-17.16M	-22.58M	-17.59M
Issuance of Preferred Stock	-	-	-	-	-
Other Financing Activities, Total	1.18M	-5.19M	-7.45M	-9.53M	-23.62M
Cash from Financing	-625K	-7.18M	-25.61M	-49.34M	29.57M
Foreign Exchange Rate Adjustments	631K	-1.88M	-4.74M	-6.03M	-2.41M
Net Change in Cash	-26.38M	119M	-21.39M	-65.29M	31.5M
Supplemental Items
Cash Interest Paid	-	-	-	-	-
Cash Income Tax Paid (Refund)	21.44M	20.13M	33.17M	44.27M	39.25M
Levered Free Cash Flow	-7.45M	-64.37M	70M	92.65M	33.76M
Unlevered Free Cash Flow	-3.92M	-64.04M	70.15M	95.12M	41.59M
Change In Net Working Capital	-10.83M	116M	14.73M	-2.61M	85.56M
Net Debt Issued / Repaid	-1.8M	-1.17M	-1M	-17.22M	70.78M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	-1.31	-3.06	0.87	1.15	3.72
Return on Total Capital	-1.85	-4.19	1.18	1.63	5.22
Return On Equity %	-39.97	-13.81	-1.56	-1.81	3.73
Return on Common Equity	-39.97	-13.81	-1.56	-1.81	3.73
Margin Analysis
Gross Profit Margin %	-0.71	15.09	17.36	17.95	22.15
SG&A Margin	3.1	8.66	4.37	4.15	5.05
EBITDA Margin %	13.04	6.42	12.99	13.8	17.1
EBITA Margin %	0.37	-5.17	4.99	4.95	10.36
EBIT Margin %	-3.8	-8.58	2.06	2.41	7.56
Income From Continuing Operations Margin %	-45.49	-15.97	-1.57	-1.54	3.03
Net Income Margin %	-45.49	-15.97	-1.57	-1.54	3.03
Net Avail. For Common Margin %	-45.49	-15.97	-1.57	-1.54	3.03
Normalized Net Income Margin	-1.77	-4.63	2.08	1.86	4.79
Levered Free Cash Flow Margin	-1.1	-7.79	5.47	6.12	1.97
Unlevered Free Cash Flow Margin	-0.58	-7.75	5.48	6.29	2.43
Asset Turnover
Asset Turnover	0.55	0.57	0.67	0.77	0.79
Fixed Assets Turnover	1.83	1.81	2.33	2.69	2.82
Receivables Turnover (Average Receivables)	3.18	3.22	3.46	3.41	3.47
Inventory Turnover (Average Inventory)	12.11	7.86	7.58	8.36	8.82
Short Term Liquidity
Current Ratio	1.91	2.31	1.98	1.74	1.99
Quick Ratio	1.56	1.74	1.51	1.33	1.51
Operating Cash Flow to Current Liabilities	0.31	0.05	0.18	0.28	0.35
Days Sales Outstanding (Average Receivables)	115.11	113.35	105.34	107.17	105.42
Days Outstanding Inventory (Average Inventory)	30.23	46.45	48.13	43.67	41.5
Average Days Payable Outstanding	39.13	35.14	31.24	36.73	39.4
Cash Conversion Cycle (Average Days)	106.21	124.67	122.23	114.12	107.52
Long Term Solvency
Total Debt/Equity	14.84	8.5	7.37	8.56	13.61
Total Debt / Total Capital	12.92	7.83	6.86	7.88	11.98
LT Debt/Equity	12.35	6.89	5.8	7.05	12.31
Long-Term Debt / Total Capital	10.75	6.35	5.4	6.5	10.83
Total Liabilities / Total Assets	41.14	30.04	33.62	35.62	36.08
EBIT / Interest Expense	-4.54	-8.05	109.53	9.25	10.34
EBITDA / Interest Expense	29	14.7	1.15K	90.49	34.63
(EBITDA - Capex) / Interest Expense	9.13	5.43	807.2	59.52	23.16
Total Debt / EBITDA	0.55	0.85	0.34	0.31	0.47
Net Debt / EBITDA	-0.16	-0.97	-0.43	-0.11	0.05
Total Debt / (EBITDA - Capex)	1.76	2.31	0.49	0.47	0.7
Net Debt / (EBITDA - Capex)	-0.51	-2.62	-0.62	-0.17	0.07
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-16.67	22.33	54.94	18.24	13.22
Gross Profit, 1 Yr. Growth %	-144.61	15.21	78.22	22.25	39.77
EBITDA, 1 Yr. Growth %	-15.3	-39.72	214.65	25.42	40.34
EBITA, 1 Yr. Growth %	-84.05	-1.79K	-248.51	17.04	136.73
EBIT, 1 Yr. Growth %	38.1	175.76	-137.15	36.82	255.07
Earnings From Cont. Operations, 1 Yr. Growth %	374.12	-57.05	-84.73	15.96	-322.25
Net Income, 1 Yr. Growth %	374.12	-57.05	-84.73	15.96	-322.25
Normalized Net Income, 1 Yr. Growth %	67.68	249.42	-169.52	6	191.24
Diluted EPS Before Extra, 1 Yr. Growth %	374.12	-62.19	-88.72	15.86	-310.29
Accounts Receivable, 1 Yr. Growth %	-16.19	64.92	31.3	11.9	10.33
Inventory, 1 Yr. Growth %	-9.47	134.48	22.86	-6.76	10.96
Net Property, Plant and Equip., 1 Yr. Growth %	-8.34	59.66	-4.41	9	7.65
Total Assets, 1 Yr. Growth %	-26.55	78.37	4.45	3.92	15.92
Tangible Book Value, 1 Yr. Growth %	-7.46	109.19	-3.38	-3.22	4.36
Common Equity, 1 Yr. Growth %	-33.81	112.03	-0.9	0.78	15.09
Cash From Operations, 1 Yr. Growth %	-13.32	-77.07	396.59	72.52	22.54
Capital Expenditures, 1 Yr. Growth %	8	-27.47	0.48	49.09	17.58
Levered Free Cash Flow, 1 Yr. Growth %	-	763.81	-208.49	32.08	-63.56
Unlevered Free Cash Flow, 1 Yr. Growth %	-	1.54K	-209.28	35.3	-56.28
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-	0.96	37.67	35.35	15.7
Gross Profit, 2 Yr. CAGR %	-	-3.17	43.29	47.61	30.72
EBITDA, 2 Yr. CAGR %	-	-28.55	37.32	97.88	32.67
EBITA, 2 Yr. CAGR %	-	63.87	392.99	32.86	66.45
EBIT, 2 Yr. CAGR %	-	95.15	1.59	-28.12	120.41
Earnings From Cont. Operations, 2 Yr. CAGR %	-	42.71	-74.39	-57.92	60.54
Net Income, 2 Yr. CAGR %	-	42.71	-74.39	-57.92	60.54
Normalized Net Income, 2 Yr. CAGR %	-	122.01	55.85	-14.16	75.7
Diluted EPS Before Extra, 2 Yr. CAGR %	-	33.9	-79.35	-63.85	56.09
Accounts Receivable, 2 Yr. CAGR %	-	17.57	47.16	21.21	11.11
Inventory, 2 Yr. CAGR %	-	45.7	69.73	7.03	1.72
Net Property, Plant and Equip., 2 Yr. CAGR %	-	20.97	23.54	2.08	8.33
Total Assets, 2 Yr. CAGR %	-	14.46	36.5	4.18	9.76
Tangible Book Value, 2 Yr. CAGR %	-	39.13	42.17	-3.3	0.5
Common Equity, 2 Yr. CAGR %	-	18.47	44.95	-0.07	7.7
Cash From Operations, 2 Yr. CAGR %	-	-55.41	6.72	192.7	45.4
Capital Expenditures, 2 Yr. CAGR %	-	-11.5	-14.63	22.4	32.4
Levered Free Cash Flow, 2 Yr. CAGR %	-	-	207.84	20.12	-30.62
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-	326.77	22.03	-23.09
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	-	16.46	30.86	27.53
Gross Profit, 3 Yr. CAGR %	-	-	18.67	35.9	44.95
EBITDA, 3 Yr. CAGR %	-	-	16.94	33.3	76.47
EBITA, 3 Yr. CAGR %	-	-	58.88	205.65	61.07
EBIT, 3 Yr. CAGR %	-	-	12.39	12.54	22.42
Earnings From Cont. Operations, 3 Yr. CAGR %	-	-	-32.24	-57.63	-26.71
Net Income, 3 Yr. CAGR %	-	-	-32.24	-57.63	-26.71
Normalized Net Income, 3 Yr. CAGR %	-	-	50.76	37.06	28.99
Diluted EPS Before Extra, 3 Yr. CAGR %	-	-	-41.31	-63.31	-34.99
Accounts Receivable, 3 Yr. CAGR %	-	-	21.98	34.32	17.47
Inventory, 3 Yr. CAGR %	-	-	37.65	39.01	8.33
Net Property, Plant and Equip., 3 Yr. CAGR %	-	-	11.84	18.49	3.9
Total Assets, 3 Yr. CAGR %	-	-	11.02	24.63	7.96
Tangible Book Value, 3 Yr. CAGR %	-	-	23.21	25.06	-0.81
Common Equity, 3 Yr. CAGR %	-	-	11.62	28.41	4.75
Cash From Operations, 3 Yr. CAGR %	-	-	-0.43	25.25	118.96
Capital Expenditures, 3 Yr. CAGR %	-	-	-7.67	2.8	20.77
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-	132.35	-19.29
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-	191.22	-13.33
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	-	16.15
Gross Profit, 5 Yr. CAGR %	-	-	-	-	23.35
EBITDA, 5 Yr. CAGR %	-	-	-	-	23.03
EBITA, 5 Yr. CAGR %	-	-	-	-	62
EBIT, 5 Yr. CAGR %	-	-	-	-	47.42
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	-	-4.32
Net Income, 5 Yr. CAGR %	-	-	-	-	-4.32
Normalized Net Income, 5 Yr. CAGR %	-	-	-	-	60.28
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	-	-13.2
Accounts Receivable, 5 Yr. CAGR %	-	-	-	-	17.51
Inventory, 5 Yr. CAGR %	-	-	-	-	21.96
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	-	10.42
Total Assets, 5 Yr. CAGR %	-	-	-	-	10.51
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-	13.57
Common Equity, 5 Yr. CAGR %	-	-	-	-	10.04
Cash From Operations, 5 Yr. CAGR %	-	-	-	-	15.85
Capital Expenditures, 5 Yr. CAGR %	-	-	-	-	6.65
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-