In millions, except per share items | Dec-31-21 | Dec-31-20 | Dec-31-19 |
| 20-F | 20-F | 20-F |
Revenues: |
CNOOC Petroleum Europe Limited | 39.2 | 3.1 | |
ExxonMobil | 2.5 | 55.4 | 50.1 |
Customers Accounting For More Than 10% Of Dayrate Revenue | 127.6 | 163.0 | 210.5 |
PTT Exploration and Production Public Company Limited | 58.9 | 9.2 | |
Other | 17.2 | 76.9 | 73.5 |
Total revenues | 245.3 | 307.5 | 334.1 |
Revenue growth [+] | -20.2% | -8.0% | |
CNOOC Petroleum Europe Limited | 1176.4% | | |
ExxonMobil | -95.6% | 10.4% | |
Customers Accounting For More Than 10% Of Dayrate Revenue | -21.7% | -22.6% | |
PTT Exploration and Production Public Company Limited | 538.2% | | |
Perfomex | -2.5% | 728.3% | |
Cost of goods sold | -180.5 | -270.4 | -307.9 |
Gross profit | 425.8 | 577.9 | 642.0 |
Gross margin | 173.6% | 187.9% | 192.2% |
Selling, general and administrative [+] | 34.7 | 49.1 | 50.4 |
General and administrative | 34.7 | 49.1 | 50.4 |
Equity in earnings | 16.1 | 9.5 | -9.0 |
Other operating expenses | 361.0 | 540.8 | 636.0 |
EBITDA [+] | 46.2 | -2.5 | -53.4 |
EBITDA growth | -1948.0% | -95.3% | |
EBITDA margin | 18.8% | -0.8% | -16.0% |
Depreciation and amortization | 119.6 | 117.9 | 101.4 |
EBIT [+] | -73.4 | -120.4 | -154.8 |
EBIT growth | -39.0% | -22.2% | |
EBIT margin | -29.9% | -39.2% | -46.3% |
Non-recurring items [+] | -1.2 | 58.1 | 5.0 |
Asset impairment | | 77.1 | 11.4 |
Loss (gain) on sale of assets | -1.2 | -19.0 | -6.4 |
Interest expense, net [+] | 92.9 | 87.2 | 68.9 |
Interest expense | 92.9 | 87.4 | 70.4 |
Interest income | | 0.2 | 1.5 |
Other income (expense), net [+] | -18.2 | -35.7 | -59.2 |
Other non-operating income | 3.6 | | |
Pre-tax income | -183.3 | -301.4 | -287.9 |
Income taxes | 9.7 | 16.2 | 11.2 |
Minority interest | | | -1.5 |
Net income | -193.0 | -317.6 | -297.6 |
Net margin | -78.7% | -103.3% | -89.1% |
|
Basic EPS [+] | ($1.43) | ($4.22) | ($5.54) |
Growth | -66.1% | -23.7% | |
Diluted EPS [+] | ($1.43) | ($4.22) | ($5.54) |
Growth | -66.1% | -23.7% | |
|
Shares outstanding (basic) [+] | 134.7 | 75.2 | 53.7 |
Growth | 79.2% | 39.9% | |
Shares outstanding (diluted) [+] | 134.7 | 75.2 | 53.7 |
Growth | 79.2% | 39.9% | |
|
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |