GEOSPACE TECHNOLOGIES CORP (GEOS) [Rocket]

In millions, except per share items	Sep-30-22	Sep-30-21	Sep-30-20	Sep-30-19	Sep-30-18	Sep-30-17	Sep-30-16	Sep-30-15
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Emerging Markets Product and Services Revenue				0.2
Adjacent Markets Product and Services Revenue	39.2	32.4	25.4	30.2
Oil and Gas Markets	49.1	52.3	61.7	65.0	45.0	47.1	33.8
Adjacent Markets					29.9	26.0	27.7
Other			0.7	0.5	0.9	0.6	0.6
Total revenues [+]	64.1	75.9	87.8	95.8	75.7	73.7	62.1	84.9
Products			34.1	45.8	53.3
Lease / rental			53.7	50.0	22.4
Revenue growth [+]	-15.5%	-13.6%	-8.3%	26.5%	2.7%	18.8%	-26.9%	-64.2%
Adjacent Markets Product and Services Revenue	20.8%	27.4%	-15.6%
Oil and Gas Markets	-6.0%	-15.3%	-5.1%	44.5%	-4.6%	39.4%
Adjacent Markets					15.0%	-6.1%
Africa	-81.2%	-56.9%	-71.2%	403740.0%
Cost of goods sold [+]	71.2	78.6	64.4	64.4	64.8	94.4	81.4	96.1
Other cost of sales	19.6	19.7	24.4	18.3	12.9
Gross profit	-7.1	-2.7	23.4	31.4	11.0	-20.7	-19.4	-11.2
Gross margin	-11.1%	-3.6%	26.7%	32.8%	14.5%	-28.1%	-31.2%	-13.2%
Selling, general and administrative	13.7	15.1	41.0	37.3	30.1	32.8	36.1	36.6
Research and development			16.6	15.5	10.8	13.8	13.9	14.7
Other operating expenses	1.4	-7.7	-17.9	-27.4	-9.2	-12.9	-13.8	-11.8
EBITDA [+]	-2.7	10.7	-10.5	11.6	-16.5	-49.1	-50.1	-45.1
EBITDA growth	-125.0%	-201.6%	-190.8%	-170.2%	-66.4%	-2.1%	11.1%	-176.0%
EBITDA margin	-4.2%	14.1%	-12.0%	12.1%	-21.8%	-66.6%	-80.8%	-53.2%
Depreciation	17.9	19.0	4.0	4.0	4.0	5.2	5.4	5.6
EBITA	-20.6	-8.3	-14.5	7.6	-20.5	-54.3	-55.5	-50.7
EBITA margin	-32.1%	-11.0%	-16.5%	8.0%	-27.1%	-73.7%	-89.4%	-59.8%
Amortization of intangibles	1.7	1.7	1.7	1.7	0.2
EBIT [+]	-22.2	-10.1	-16.3	6.0	-20.7	-54.3	-55.5	-50.7
EBIT growth	120.4%	-38.0%	-372.7%	-128.8%	-61.8%	-2.1%	9.5%	-194.3%
EBIT margin	-34.7%	-13.3%	-18.5%	6.2%	-27.4%	-73.7%	-89.4%	-59.8%
Non-recurring items [+]			1.8	4.9				1.8
Asset impairment			0.7					1.8
Loss (gain) on sale of assets				7.0
Loss on contingent liability			1.1	-2.1
Interest income, net [+]	1.0	1.4	1.1	1.2	0.7	0.6	0.4	0.2
Interest expense	0.1		0.0	0.1	0.3	0.0	0.0	0.2
Interest income	1.0	1.4	1.1	1.3	1.1	0.7	0.4	0.4
Other income (expense), net [+]	-1.4	-4.8	0.4	0.0	0.2	-0.4	-0.2	2.5
Gain (loss) on foreign currency transactions			0.5	0.2	0.3	-0.3	-0.1	2.6
Other			-0.1	-0.2	-0.1	-0.1	-0.1	-0.1
Pre-tax income	-22.7	-13.5	-16.6	2.3	-19.8	-54.1	-55.3	-49.8
Income taxes	0.2	0.6	2.6	2.4	-0.6	2.7	-9.4	-17.2
Tax rate				106.4%	2.9%		16.9%	34.5%
Net income	-22.9	-14.1	-19.2	-0.1	-19.2	-56.8	-46.0	-32.6
Net margin	-35.7%	-18.5%	-21.9%	-0.2%	-25.4%	-77.0%	-74.1%	-38.5%

Basic EPS [+]	($1.76)	($1.05)	($1.42)	($0.01)	($1.45)	($4.32)	($3.52)	($2.51)
Growth	67.3%	-26.0%	12946.4%	-99.2%	-66.5%	22.7%	40.3%	-188.1%
Diluted EPS [+]	($1.76)	($1.05)	($1.42)	($0.01)	($1.45)	($4.32)	($3.52)	($2.51)
Growth	67.3%	-26.0%	12946.4%	-99.2%	-66.5%	22.7%	40.3%	-188.4%

Shares outstanding (basic) [+]	13.0	13.4	13.5	13.4	13.3	13.1	13.0	13.0
Growth	-2.8%	-1.2%	1.0%	1.0%	0.9%	0.7%	0.4%	0.4%
Shares outstanding (diluted) [+]	13.0	13.4	13.5	13.4	13.3	13.1	13.0	13.0
Growth	-2.8%	-1.2%	1.0%	1.0%	0.9%	0.7%	0.4%	0.0%

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