SAExploration Holdings, Inc. (SAEX) [Rocket]

In millions, except per share items	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14	Dec-31-13	Dec-31-12
	10-K	10-K	10-K/A	10-K	10-K	10-K	10-K	10-K/A
Revenues:
INDIA	85.4
MEXICO	0.6	0.8
Other	169.3	97.9
Total revenues [+]	255.2	98.7	127.0	181.9	228.1	386.8	245.3	257.4
Services	255.2	98.7	127.0	205.6	228.1	386.8	245.3	257.4
Net interest income				-23.7
Revenue growth [+]	158.7%	-22.3%	-30.2%	-20.3%	-41.0%	57.7%	-4.7%	-415195.2%
MEXICO	-27.9%
Cost of goods sold [+]	13.0	12.2	105.0	160.5	177.4	330.6	202.3	212.5
Cost of services			93.2
Direct costs						315.4	187.5
Cost of services, excluding D&A			93.2	144.1	159.2
Depreciation and amortization			11.7	16.4	18.1	15.2	14.8
Gross profit	242.2	86.5	22.1	21.3	50.8	56.2	42.9	44.8
Gross margin	94.9%	87.6%	17.4%	11.7%	22.3%	14.5%	17.5%	17.4%
Selling, general and administrative	44.9	41.2	25.6	29.3	34.5	39.5	33.5	25.7
Other operating expenses	198.0	88.7	0.5	-23.7				0.1
EBITDA [+]	12.9	-30.8	8.1	32.7	34.9	33.0	25.5	30.5
EBITDA growth	-142.0%	-478.7%	-75.1%	-6.4%	5.7%	29.4%	-16.2%	-8805.6%
EBITDA margin	5.1%	-31.2%	6.4%	18.0%	15.3%	8.5%	10.4%	11.8%
Depreciation	13.3	12.5	12.0	16.8	18.6	16.3	16.0	12.3
EBITA	-0.4	-43.2	-3.9	15.9	16.3	16.8	9.6	18.2
EBITA margin	-0.2%	-43.8%	-3.0%	8.7%	7.2%	4.3%	3.9%	7.1%
Amortization of intangibles	0.3	0.2	0.1	0.1	0.1	0.1	0.1
EBIT [+]	-0.7	-43.4	-4.0	15.8	16.2	16.7	9.4	18.2
EBIT growth	-98.4%	994.0%	-125.2%	-2.7%	-2.7%	76.5%	-48.2%	-5306.4%
EBIT margin	-0.3%	-44.0%	-3.1%	8.7%	7.1%	4.3%	3.9%	7.1%
Non-recurring items [+]	-5.4	0.3		4.5	0.6		1.2
Loss (gain) on sale of assets	-5.4	0.3		4.5	0.6
Interest expense	14.7	13.9	29.4		16.7	16.8	15.3	3.8
Interest expense	14.7	13.9	29.4		16.7	16.8	15.3	3.8
Other income (expense), net [+]	-4.5	-2.1	-1.6	-27.2	-1.6	-25.4	-3.5	-3.0
Gain (loss) on debt retirement	-7.0	0.1			3.0	-17.2
Gain (loss) on foreign currency transactions	-0.4	-3.4	-1.3	2.0	-4.4	-3.5	-1.8	-0.3
Change in fair value of warrants						-5.1
Other	-2.9	-1.3				0.3	-1.1
Pre-tax income	-14.4	-59.7	-34.9	-16.0	-2.7	-25.5	-10.5	11.4
Income taxes	8.2	-0.1	4.7	6.1	2.7	12.9	10.5	1.4
Tax rate		0.2%						12.6%
Minority interest	2.6	0.9	2.0	3.0	4.4	3.4	0.0
Net income	-25.2	-60.5	-41.6	-25.0	-9.9	-41.8	-21.1	10.0
Net margin	-9.9%	-61.3%	-32.8%	-13.8%	-4.3%	-10.8%	-8.6%	3.9%

Basic EPS [+]	($3.17)	($17,536.25)	($88.76)	($6.13)	($84.55)	($2.84)	($2.10)	$1.74
Growth	-100.0%	19657.1%	1347.9%	-92.7%	2876.3%	35.1%	-221.0%	-1103.5%
Diluted EPS [+]	($3.17)	($17,536.25)	($88.76)	($6.13)	($84.55)	($2.84)	($2.10)	$1.73
Growth	-100.0%	19657.1%	1347.9%	-92.7%	2876.3%	35.1%	-221.2%	-1101.9%

Dividends per share [+]				$0.94	$28.75	$0.00
Growth			-100.0%	-96.7%	938951.3%

Shares outstanding (basic) [+]	8.0	0.0	0.5	4.1	0.1	14.7	10.0	5.7
Growth	230497.4%	-99.3%	-88.5%	3396.1%	-99.2%	46.8%	74.2%	185.9%
Shares outstanding (diluted) [+]	8.0	0.0	0.5	4.1	0.1	14.7	10.0	5.8
Growth	230497.4%	-99.3%	-88.5%	3396.1%	-99.2%	46.8%	73.9%	186.4%

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