Highest-materiality recent filing
Shareholders approve re-domiciliation to Cayman; share buyback authorized
Proposal 3 approved: downstream cross-border merger into Expro Luxembourg S.A., then into Expro Ltd (Cayman).
Expro Group ups revolving credit facility to $450M, eliminates $100M term bridge
Revolving loan commitments increased from $400M to $450M, a 12.5% expansion.
Expro announces $215M acquisition of Enhanced Drilling, Q1 revenue $368M, reaffirms FY guidance
Acquires Enhanced Drilling for ~2B NOK ($215M) cash, adding MPD technology and $275M backlog; close expected Q3 2026.
Expro Q4 revenue $382M, net income $6M; 2026 Adj EBITDA guidance $355-$375M
Q4 2025 revenue $382M, net income $6M, net income margin 2%.
Expro Q3 adj. EBITDA $94M (22.8% margin); raises FY adj. EBITDA, FCF guidance
Revenue $411M, net income $14M; adjusted EBITDA $94M (22.8% margin).
Expro Q2 revenue $423M beats guidance; adjusted EBITDA margin 22% record high
Revenue $423M (above $410M guidance); net income $18M; net income margin 4%.
Expro appoints new CFO Sergio Maiworm effective June 30, 2025; CFO Fanning departs
Sergio Maiworm appointed CFO effective June 30, 2025; succeeds Quinn Fanning who leaves July 1, 2025.
All 7 director nominees elected with >99% of votes cast (excluding broker non-votes); no dissent above 1M votes.
Expro Q1 revenue $391M, Adj EBITDA $76M (best Q1 since merger); guides Q2 rev $400-410M
Q1 2025 revenue $391M (-11% sequentially); net income $14M ($0.13 diluted EPS); adjusted net income $29M ($0.25).
Expro Q4 revenue $437M (+7% YoY), Adj EBITDA $100M (23% margin); FY net income $52M vs loss in 2023
Q4 revenue $437M (+3% QoQ, +7% YoY); full-year revenue $1,713M (+13% YoY).
Expro extends stock repurchase program; $90M remains available through Nov 2025
Board approved extension of stock repurchase program through November 24, 2025.
Expro Q3 revenue $423M (-10% seq, +14% YoY); net income $16M; guides FY rev $1.72-1.75B
Revenue $423M, down 10% sequentially from $470M, up 14% YoY.
Expro amends Coretrax acquisition terms; releases lock-up shares and receives $8M escrow proceeds
Amendment releases lock-up on ~3.125M shares as of July 25, 2024; all post-closing adjustments settled.
Expro Q2 2024 revenue $470M, net income $15M; FY 2024 guidance raised
Revenue $470M (+22% QoQ, +18% YoY); net income $15M vs loss $3M in Q1 2024; adjusted EPS $0.27.
Expro files legal opinion for shelf registration; no material news
Legal opinion (Exhibit 5.1) filed July 8, 2024 for prospectus supplement under S-3 registration statement (File 333-269193).
All 8 director nominees elected with >97.7M votes for, against ~1.3M (broker non-votes 4.2M).
Expro completes acquisition of Coretrax for $75M cash + 6.75M shares; expands credit facility
Acquired Coretrax for $75M cash and 6.75M newly issued Expro common shares; effective May 1, 2024.
Expro Q1 revenue $383M, net loss $3M; reaffirms FY2024 guidance
Revenue $383M, down 6% sequentially, up 13% YoY; net loss $3M ($0.02/share) vs Q4 loss $12M.
Expro corrects Q2 guidance: revenue growth cut to ~3% YoY from ~20%
Q1 revenue $383M, down 6% sequentially; net loss $3M vs $12M loss in Q4 2023.
Expro Q4 revenue $407M, Adj EBITDA $85M; guides 2024 rev $1.6-1.7B, Adj EBITDA $325-375M
Q4 revenue $407M (+10% seq, +18% YoY full year), net loss $12M ($0.11/diluted); adjusted net income $7M ($0.06).
Expro to acquire Coretrax for ~$210M, enhancing well construction and intervention capabilities
Total consideration ~$210M: at least $75M cash, up to 6.75M Expro shares; ~4.7x 2024E Adj. EBITDA.
Expro updates Australia crane incident: costs low tens of millions, partial LWI equipment recovered
Recovery and repair costs, net of insurance, expected not material to financial results.
Expro files legal opinion for prospectus supplement under S-3 shelf registration
Opinion of Van Campen Liem filed as Exhibit 5.1 in connection with prospectus supplement.
Expro Q3 net loss $14M, revenue down 7% QoQ; LWI incident costs $15M; $100M buyback authorized
Revenue $370M (-7% QoQ, +11% YoY); net loss $14M (diluted EPS -$0.10) vs net income $9M in Q2.
Expro amends credit facility; commitments increased to $250M, maturity extended 36 months
Total commitments raised to $250M; can be increased to $350M; maturity extended by 36 months.
Expro Q2 revenue $397M, net income $9M vs loss; Adj EBITDA $72M; reaffirms 2023 guidance
Revenue $397M (+17% QoQ, +27% YoY); net income $9M vs Q1 net loss $6M.
Expro Group shareholders elect all director nominees, approve all proposals at 2023 AGM
All 9 director nominees elected; each received over 88M votes for.
Expro Q1 net loss of $6M; revenue $339M (-3% QoQ); reaffirms FY guidance
Revenue $339M (-3% QoQ, +21% YoY); net loss $6M ($0.06 diluted loss per share).
Expro resolves FCPA investigation; pays $7.99M to SEC
DOJ issued declination; SEC issued cease-and-desist order; company neither admitted nor denied findings.
Expro Group sets relocation terms for COO Geddes with $529K salary and Dubai assignment
Annual base salary $529,200; monthly goods allowance $3,969; hardship allowance $2,205.
Expro Q4 revenue $351M (+5% seq), adj. EBITDA $70M (+46%); guides 2023 rev $1.45-1.55B
Q4 revenue $351M (+5% seq); net income $13M ($0.12 diluted) vs net loss $18M in Q3.
Expro Group selling shareholders offer 9.2M shares at $16.50; secondary offering closes Jan 18
Selling shareholders sold 9,200,000 shares (including 1,200,000 option shares) at $16.50 per share; closed Jan 18, 2023.
Expro files pro forma financials for 2021 merger and plans S-3 registration
Pro forma statement of operations for FY 2021 assumes merger with Legacy Expro closed Oct 1, 2021.
Expro Q3 2022 revenue $334M (+7% QoQ); net loss $18M on start-up costs and FX
Revenue $334M (+7% QoQ); net loss $18M ($0.16) vs $4M loss ($0.04) prior quarter.
Expro Q2 revenue $314M, up 12% QoQ; net loss narrows to $4M; launches $50M buyback
Revenue $314M (+12% QoQ); net loss $(4)M vs $(11)M Q1; adjusted net income $3M.
Expro shareholders elect all nine director nominees, approve LTIP and share repurchase authorization
All nine board nominees elected with majority support; Brian Truelove received lowest for votes (76.6M for, 12.6M against).
Expro Q1 revenue $280M, net loss $0.10/sh; Adj. EBITDA $37M
Revenue $280M, down 5% sequentially from Q4 2021's $296M.
Expro Q4 revenue $296M (+50% QoQ); Adj EBITDA $51M; guides H2 2022 margins ~20%
Revenue $296M (+50% QoQ), net loss $91M ($0.84/sh), adj net loss $4M ($0.03/sh).
Expro files Legacy Expro financials; H1 2021 revenue $332.5M, net loss $28.8M
Legacy Expro H1 2021 revenue $332.5M vs $371.8M YoY, down 10.6%.
Legacy Expro revenue $197.5M (+12% QoQ), Adjusted EBITDA $30.9M (+18% QoQ).
Expro Group updates interactive analyst center; reports share count of 109.1M
Interactive Analyst Center on expro.com updated with historical pro forma profitability by product line family.
Expro Group dismisses KPMG, appoints Deloitte as auditor following merger
Auditor change effective after KPMG completes review of Q3 2021 interim financials.
Expro-Frank's International merger completed; combined co. to trade as XPRO on Oct 4
Merger closed Oct 1, 2021; Expro shareholders get 1.2120 shares of combined co. per share, with 1:6 reverse stock split.
Frank's Intl shareholders approve Expro merger; reverse split 1-for-6; closing Oct 1
All 17 proposals approved at annual meeting; Expro merger received >90% shareholder support.
Frank's Int'l sets Aug 13 record date for Sept 10 shareholder vote on Expro merger
Record date of August 13, 2021 for annual meeting on September 10, 2021.
Frank's International Q2 2021 revenue $107.8M, net loss narrows to $12.6M, EBITDA up 85%
Revenue $107.8M (+14% QoQ, +25% YoY); net loss $12.6M vs $23.9M prior Q.
On June 12, 2025, Expro Group Holdings N.V. (the “Company”) announced the appointment by the board of directors (the “Board”) of Sergio Maiworm to serve as Chief Financial Officer, succeeding Quinn Fanning, effective June 30, 2025 (the “Effective Date”).
Mr. Fanning will remain employed with the Company through a period ending July 1, 2025 (the “Separation Date”).
Michael Kearney departed as President and Chief Executive Officer of the Company
the Board appointed Michael Jardon as President and Chief Executive Officer of the Company
Michael E. McMahon, Kirkland D. Mosing, Melanie M. Trent, Alexander Vriesendorp, Erich L. Mosing, and L. Don Miller departed as directors of the Company’s Supervisory Board of Directors
Steven Russell departed as Senior Vice President of Operations of the Company
L. Don Miller ... departed as directors of the Company’s Supervisory Board of Directors
John Symington departed as Senior Vice President, General Counsel, Secretary and Chief Compliance Officer of the Company
Steven Russell, Melissa Cougle and John Symington departed as directors of the Company’s Management Board of Directors
Melissa Cougle departed as Senior Vice President and Chief Financial Officer and principal accounting officer of the Company
John Symington ... departed as directors of the Company’s Management Board of Directors
Max materiality 0.90 · Median 0.65 · Most common event earnings