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ION Geophysical Corporation (IO)
Key financial summary
Financials in USD| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | $m | 222 | 173 | 198 | 180 | 175 | 123 | 105 |
| Operating profit | $m | -8 | -20 | |||||
| Net profit | $m | -25 | -65 | -29 | -70 | -47 | -37 | -44 |
| EPS reported | $ | -2.60 | -2.30 | |||||
| Operating cashflow per share | $ | 0.64 | 0.64 | |||||
| Capex per share | $ | 1.99 | 1.99 | |||||
| FCF per share | $ | -1.35 | -1.35 | |||||
| Free cash flow | $m | -19 | -46 | |||||
| Net debt | $m | 152 | 110 | |||||
| Book value equity | $m | -73 | -66 | |||||
| Book value per share | $ | -5.09 | -2.32 | |||||
| Number of shares | m | 14.27 | 28.59 | |||||
| DPS (TTM paid) | $ | 0.00 | 0.00 |
Financial summary
Financials in USD| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | -0.95 | -0.15 | |||||
| P/S LTM | x | 0.57 | 0.09 | |||||
| P/FCF LTM | x | -3.61 | -0.21 | |||||
| EV/EBITDA LTM | x | 11.91 | 10.40 | |||||
| EV/Sales LTM | x | 1.81 | 1.13 | |||||
| Earnings Yield LTM | % | -53.50% | -753.72% | |||||
| FCF Yield | % | -27.69% | -466.08% | |||||
| Quality | ||||||||
| ROE | % | 51.05% | 67.77% | |||||
| ROIC | % | -6.57% | -6.57% | |||||
| Operating margin | % | -6.36% | -6.36% | |||||
| Gross margin | % | 33.96% | 33.96% | |||||
| FCF/Sales | % | -15.66% | -15.66% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | -29.77% | -23.65% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | - | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 0.00% | 0.00% | |||||
| Dividend Growth | % | 0.00% | 0.00% | |||||
| Payout Ratio | % | 0.00% | 0.00% | |||||
| FCF/Debt | x | -0.10 | -0.26 | |||||
| Net Debt/EBITDA | x | 8.18 | 8.18 | |||||
| EBIT/Net interest | x | -0.57 | -0.57 | |||||
| Net debt/market cap | % | 219.41% | 1112.0% | |||||
| Net debt/Equity | x | -2.09 | -1.65 | |||||
| Gross debt/equity | x | -2.61 | -2.63 | |||||
Company overview
ION Geophysical Corporation delivers data-driven solutions designed to empower decision-making across the global offshore energy, maritime port, and defense sectors. Its operations are structured into two primary divisions: E&P Technology & Services, and Operations Optimization. The E&P Technology & Services division focuses on developing digital data assets and offering specialized services aimed at assisting exploration and production (E&P) firms. Its objective is to enhance decision-making processes and mitigate associated risks. Within this segment are two interconnected areas: Imaging and Reservoir Services, alongside Ventures. Specifically, its Imaging and Reservoir Services group offers comprehensive data processing, advanced imaging, and expert reservoir services. These offerings significantly boost the clarity of subsurface imagery and deepen geological understanding, thereby enabling E&P companies to lower exploration and production risks, effectively assess and develop reservoirs, and ultimately boost output. This group leverages its proprietary 'imaging engine' and advanced algorithms to transform raw data, whether owned or licensed by clients, into detailed subsurface visual representations. The Operations Optimization segment is dedicated to crafting vital subscription-based products and providing engineering services. These solutions are crucial for achieving operational command and enhancing efficiency in offshore environments. This segment encompasses its Optimization Software & Services, as well as its Devices offerings. Within Optimization Software & Services, ION delivers software systems for survey design, command, and control, along with associated services, specifically tailored for marine towed streamer and seabed operations. Meanwhile, the Devices group innovates intelligent hardware that integrates with and is governed by ION's software, ensuring optimized operational performance. Its portfolio of services and products is distributed through a direct sales team, comprising both company employees and a network of international third-party representatives. Originally established in 1968 as Input/Output, Inc., the company rebranded to ION Geophysical Corporation in 2007. Its corporate headquarters remain situated in Houston, Texas. However, on April 12, 2022, ION Geophysical Corporation and its affiliated entities initiated voluntary Chapter 11 reorganization proceedings, filing a petition with the U.S. Bankruptcy Court for the Southern District of Texas.
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For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
ION Geophysical Corporation (IO)
ION Geophysical Corporation delivers data-driven solutions designed to empower decision-making across the global offshore energy, maritime port, and defense sectors. Its operations are structured into two primary divisions: E&P Technology & Services, and Operations Optimization. The E&P Technology & Services division focuses on developing digital data assets and offering specialized services aimed at assisting exploration and production (E&P) firms. Its objective is to enhance decision-making processes and mitigate associated risks. Within this segment are two interconnected areas: Imaging and Reservoir Services, alongside Ventures. Specifically, its Imaging and Reservoir Services group offers comprehensive data processing, advanced imaging, and expert reservoir services. These offerings significantly boost the clarity of subsurface imagery and deepen geological understanding, thereby enabling E&P companies to lower exploration and production risks, effectively assess and develop reservoirs, and ultimately boost output. This group leverages its proprietary 'imaging engine' and advanced algorithms to transform raw data, whether owned or licensed by clients, into detailed subsurface visual representations. The Operations Optimization segment is dedicated to crafting vital subscription-based products and providing engineering services. These solutions are crucial for achieving operational command and enhancing efficiency in offshore environments. This segment encompasses its Optimization Software & Services, as well as its Devices offerings. Within Optimization Software & Services, ION delivers software systems for survey design, command, and control, along with associated services, specifically tailored for marine towed streamer and seabed operations. Meanwhile, the Devices group innovates intelligent hardware that integrates with and is governed by ION's software, ensuring optimized operational performance. Its portfolio of services and products is distributed through a direct sales team, comprising both company employees and a network of international third-party representatives. Originally established in 1968 as Input/Output, Inc., the company rebranded to ION Geophysical Corporation in 2007. Its corporate headquarters remain situated in Houston, Texas. However, on April 12, 2022, ION Geophysical Corporation and its affiliated entities initiated voluntary Chapter 11 reorganization proceedings, filing a petition with the U.S. Bankruptcy Court for the Southern District of Texas.
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