EXPRO GROUP HOLDINGS N.V. (FI) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
United States					280.6	244.7		530.1
Europe/Middle East/Africa					128.0	132.8		314.2
Latin America					46.6	33.1		56.5
Asia Pacific					35.3	26.1		56.0
Other					32.1	18.1		17.8
Total revenues [+]	1,279.4	825.8	675.0	810.1	522.5	454.8	1.1	974.6
Products								208.3
Services								766.3
Revenue growth [+]	54.9%	22.3%	-16.7%	55.0%	14.9%	41245.0%	-99.9%	-15.4%
United States					14.7%			-7.6%
Europe/Middle East/Africa					-3.6%			-18.4%
Latin America					40.5%			2.7%
Asia Pacific					35.3%			-28.2%
Other countries					77.0%			-70.8%
Cost of goods sold [+]	1,057.4	701.2	566.9	677.2	374.5	340.2	-169.2	514.6
Cost of product sales								129.7
Cost of services								384.8
Gross profit	222.1	124.6	108.2	132.9	148.0	114.6	170.3	460.0
Gross margin	17.4%	15.1%	16.0%	16.4%	28.3%	25.2%	15478.5%	47.2%
Selling, general and administrative [+]	58.4	73.9	23.8	29.4	126.6	129.2	171.9	174.5
General and administrative	58.4	73.9	23.8	29.4	126.6	129.2	171.9	174.5
Equity in earnings	15.7	16.7	13.6	9.6
Other operating expenses		-1.0	-10.1		1.3	1.6		-3.1
Adjusted EBITDA	197.9	122.6			30.6	-2.4	14.4	317.2
Adjusted EBITDA margin	15.5%	14.9%			5.9%	-0.5%	1304.9%	32.5%
Stock-based compensation	18.5	54.2			10.6	13.8	16.0	28.6
EBITDA [+]	179.4	68.5	108.0	113.2	20.0	-16.2	-1.6	288.6
EBITDA growth	162.0%	-36.6%	-4.6%	465.5%	-223.5%	897.5%	-100.6%	-28.8%
EBITDA margin	14.0%	8.3%	16.0%	14.0%	3.8%	-3.6%	-147.6%	29.6%
Depreciation	102.4	95.8	85.5	88.0	100.5	110.7	110.7	107.2
EBITA	77.0	-27.3	22.5	25.2	-80.5	-126.9	-112.3	181.4
EBITA margin	6.0%	-3.3%	3.3%	3.1%	-15.4%	-27.9%	-10212.6%	18.6%
Amortization of intangibles	37.4	28.1	28.2	34.5	10.8	11.4	3.5	1.8
EBIT [+]	39.6	-55.4	-5.7	-9.3	-91.3	-138.3	-115.8	179.6
EBIT growth	-171.5%	874.9%	-39.2%	-89.8%	-34.0%	19.4%	-164.5%	-43.0%
EBIT margin	3.1%	-6.7%	-0.8%	-1.2%	-17.5%	-30.4%	-10530.8%	18.4%
Non-recurring items [+]	21.4	55.4	303.0	53.5	1.6	76.4	47.5	36.0
Asset impairment			287.5	49.0	4.5	4.7		35.5
Loss (gain) on sale of assets		-1.0	-10.1		-1.3	-2.0	1.1	-1.0
Unusual expense						0.5		1.5
Interest expense, net [+]	0.2	8.8	5.7	3.3	-4.2	-2.3	-2.1	0.2
Interest expense	0.2	8.8	5.7	3.3				0.2
Interest income					4.2	2.3	2.1
Other income (expense), net [+]	3.1	4.0	3.9	0.2	-5.0	125.9	-20.4	0.0
Acquisition-related costs					-0.1	-0.5	-13.8
Gain (loss) on foreign currency transactions					-5.7	2.1	-10.8	-6.4
Other	3.1	4.0	3.9	0.2	2.0	1.8	4.2	5.8
Pre-tax income	21.1	-115.6	-310.4	-65.9	-93.7	-86.5	-181.7	143.4
Income taxes	41.2	16.3	-3.4	-1.1	-3.0	72.9	-25.6	37.3
Tax rate	195.5%		1.1%	1.7%	3.1%		14.1%	26.0%
Minority interest							-20.7	27.0
Net income	-20.1	-131.9	-307.0	-64.8	-90.7	-159.5	-135.3	79.1
Net margin	-1.6%	-16.0%	-45.5%	-8.0%	-17.4%	-35.1%	-12303.5%	8.1%

Basic EPS [+]	($0.18)	($1.64)	($4.33)	($0.91)	($0.41)	($0.72)	($0.77)	$0.51
Growth	-88.7%	-62.2%	374.1%	125.5%	-43.4%	-6.7%	-249.8%	-50.5%
Diluted EPS [+]	($0.18)	($1.64)	($4.33)	($0.91)	($0.41)	($0.72)	($0.77)	$0.38
Growth	-88.7%	-62.2%	374.1%	125.5%	-43.4%	-6.7%	-302.6%	-50.6%

Dividends per share [+]						$0.23	$0.45	$0.60
Growth					-100.0%	-50.0%	-25.0%	33.3%

Shares outstanding (basic) [+]	109.1	80.5	70.9	70.9	224.0	222.9	176.6	154.7
Growth	35.5%	13.6%	0.0%	-68.4%	0.5%	26.3%	14.2%	0.6%
Shares outstanding (diluted) [+]	109.1	80.5	70.9	70.9	224.0	222.9	176.6	209.2
Growth	35.5%	13.6%	0.0%	-68.4%	0.5%	26.3%	-15.6%	0.6%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.