SAExploration Holdings, Inc. SAEX Income Statement

Saexploration holdings, inc. (SAEX)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Revenue from services
287,564	255,234	235,527	227,256	154,602	98,670	73,851	81,300	77,976	127,022	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of services
0	-	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Revenue from services
-	-	-	-	-	-	-	-	-	-	-	-	-	205,564	203,847	228,796	238,612	228,137	292,691	342,560	378,836	386,820	369,308	308,925	248,164	245,268	250,042	277,006	0	-	0	0	-	-	-	-	-
Cost of services
-	-	-	187,013	-	87,601	67,562	69,541	61,460	93,229	108,193	117,490	142,381	144,118	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization
15,299	13,028	13,945	13,966	12,648	12,207	10,385	10,243	10,895	11,725	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense included in cost of services
-	-	-	-	-	-	-	-	-	-	-	-	-	16,410	0	0	0	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cost of services excluding depreciation and amortization expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	0	0	0	-	-	0	-	-	-	-	-	-	-	-	-
Depreciation and amortization expense included in cost of services
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	317,639	316,279	315,405	78,790	126,259	126,251	187,493	184,525	194,196	0	-	0	0	-	-	-	-	-
Gross profit
55,480	44,555	33,767	26,357	10,233	-1,138	-4,096	1,516	5,621	22,068	26,458	26,363	43,737	45,036	44,000	56,374	56,199	50,763	55,857	55,310	57,509	56,210	68,858	51,339	42,642	42,932	36,247	53,540	0	-	0	0	-	-	-	-	-
Operating expenses:
Selling, general and administrative expenses
47,798	44,936	46,691	47,569	45,114	41,513	35,253	26,633	24,613	25,557	27,306	28,270	29,137	29,253	29,010	30,888	32,412	34,542	35,687	36,946	38,690	39,543	42,489	40,106	35,752	33,489	28,823	27,726	0	-	0	0	-	-	-	-	-
Misappropriation of funds
-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Misappropriation of funds
-	-	-	992	999	1,080	803	661	648	482	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
42,554	39,844	47,473	48,561	46,113	42,593	36,056	27,294	25,261	26,039	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Merger costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-
Depreciation and amortization
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	952	842	0	-	0	0	-	-	-	-	-
Loss on disposal/sale of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-5	-369	0	-	0	0	-	-	-	-	-
General and administrative expenses
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	445	288	0	0	0
General and administrative expenses - related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-
Operating income
12,926	4,711	-13,706	-22,204	-35,880	-43,731	-40,152	-25,778	-19,640	-3,971	-5,695	-6,631	9,991	11,241	14,358	24,854	23,155	15,589	20,170	18,364	18,819	16,667	27,257	11,253	6,028	8,255	11,308	27,436	30,630	18,237	8,719	5,342	-537	-350	0	0	0
Other (expense) income, net:
Interest expense, net
-14,871	-14,660	-14,476	-15,500	-14,214	-13,858	-15,173	-17,931	-24,146	-29,363	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Costs incurred on debt restructuring
-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on extinguishment of long-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in fair value of note payable to related parties Former SAE stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Change in fair value of notes payable to Former SAE stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	-	-	-	-	-	-
Interest expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	23,697	19,236	16,123	16,434	16,739	17,468	17,284	17,081	16,778	16,134	16,615	15,901	15,256	12,121	7,915	0	-	0	0	-	-	-	-	-
Foreign exchange (loss) gain, net
-6,017	-436	-1,758	-738	-3,116	-3,417	-3,123	-2,451	-1,793	-1,308	-834	-1,497	663	1,977	3,155	-24	-327	-4,393	-7,831	-5,582	-5,598	-3,451	-1,628	-256	-1,592	-1,755	-709	-869	0	-	0	0	-	-	-	-	-
Other income, net
3,734	2,935	2,505	2,002	1,310	1,326	1,628	50	-114	-272	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total other expense, net
-24,130	-19,137	-13,729	-14,236	-16,020	-15,949	-16,668	-20,332	-26,053	-30,943	-25,456	-18,096	-8,090	-35	33	179	-32	-220	-451	-777	-47	294	682	1,014	-839	-1,124	-1,610	-1,563	0	-	0	0	-	-	-	-	-
Total other expense, net
-	-	-	-	-	-	-	-	-	-	-	-	-	27,194	21,273	15,288	13,779	18,338	22,736	40,800	44,470	42,186	39,962	21,582	19,470	18,766	14,440	10,347	0	-	0	0	-	-	-	-	-
Income before income taxes
-11,204	-14,426	-27,435	-36,440	-51,900	-59,680	-56,820	-46,110	-45,693	-34,914	-39,647	-43,929	-22,855	-15,953	-6,915	9,566	9,376	-2,749	-2,566	-22,436	-25,651	-25,519	-12,705	-10,329	-13,442	-10,511	-9,147	13,673	0	-	0	0	-	-	-	-	-
Income taxes
5,062	8,187	5,793	6,434	3,547	-120	476	2,293	2,919	4,742	5,689	5,066	7,213	6,056	5,709	4,607	2,139	2,693	9,242	11,104	10,283	12,876	2,043	12,975	11,942	10,495	13,930	1,575	0	-	0	0	-	-	-	-	-
Net income
-16,266	-22,613	-33,228	-42,874	-55,447	-59,560	-57,296	-48,403	-48,612	-39,656	-45,336	-48,995	-30,068	-22,009	-12,624	4,959	7,237	-5,442	-11,808	-33,540	-35,934	-38,395	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Less: net income attributable to noncontrolling interest
2,584	2,573	2,574	2,584	1,479	905	904	819	825	1,972	1,972	2,062	2,619	3,021	3,326	3,606	4,043	4,433	3,931	5,498	5,346	3,358	0	0	0	-	-	0	0	-	-	-	-	-	-	-	-
Interest Income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-
Net income attributable to SAExploration
-18,850	-25,186	-35,802	-45,458	-56,926	-60,465	-58,200	-49,222	-49,437	-41,628	-47,308	-51,057	-32,687	-25,030	-15,950	1,353	3,194	-9,875	-15,739	-39,038	-41,280	-41,753	-18,348	-25,042	-26,215	-21,051	-22,947	9,636	16,028	9,985	7,143	4,554	-528	-347	0	0	0
Weighted average shares outstanding, basic and diluted
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,725
Earnings per common share:
-	-	-1.64	-0.81	-	-2.50	-8.41	-9.72	-48.36	-34.89	-29.07	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0.00	-	0.00	0.08	0.00	0.00	-0.08	-0.11	-0.05	-0.01	0.00
Basic
0.87	-	-	-	0.30	-	-	-	-	-	-	-	-	-115.64	-2.62	1.97	110.16	-102.66	-0.93	18.96	0.08	-1.31	-1.57	-0.01	0.05	-0.59	-2.25	-0.19	0.93	-	0.44	0.89	-	-	-	-	-
Diluted
0.50	-	-	-	0.21	-	-	-	-	-	-	-	-	-115.56	-2.62	1.97	110.08	-102.66	-0.93	18.96	0.08	-1.31	-1.57	-0.01	0.05	-0.57	-2.25	-0.19	0.91	-	0.44	0.89	-	-	-	-	-
Weighted average common shares outstanding:
Weighted average common shares outstanding (basic and diluted)
-	-	7	7	-	7	3	1	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,220	-	2,223	1,763	-
Basic
9	-	-	-	7	-	-	-	-	-	-	-	-	9,434	6,639	129	129	-14,682	117	110	14,922	14,897	14,870	14,870	14,149	13,534	13,402	6,782	6,321	-	5,685	5,685	-	-	-	-	-
Diluted
20	-	-	-	18	-	-	-	-	-	-	-	-	9,434	6,639	129	129	-14,682	117	110	14,922	14,176	14,870	14,870	14,870	13,399	13,402	6,782	6,456	-	5,685	5,685	-	-	-	-	-