Expro Group Holdings NV 2024年度报告

Securities registered pursuanttoSection12(b)ofthe Act: I ndicate by check markifthe registrant is a well-known seasoned i ssuer,asdefinedinRule405oftheSecurities Act.Yes~No0 Indicate by check mark if the registrant isnotrequiredtofile reports pursuant toSection13orSection15(d)ofthe Act.Yes0 Nol2l Indicate bycheckmarkwhethertheregistrant( I) has filed all reportsrequiredtobefiledbySection13orIS(d)oftheSecuritiesExchamgeActof1934during thep receding 12 months(or for such shorterperiodthat the registrant was requiredtofile suchreports), and (2) has been subjecttosuchfiling requirementsforthepast90days.Yes~No0 Indicate by checkmarkwhether the registrant has submitted electronically every Interactive Data File requiredtobesubmitted pursuanttoRule405ofRegulationS-T(§232.405ofthis chapter) duringthepreceding12months (or for such shorter period that the registrant was required to submit suchfiles).Yesl2lNo0 Indicate by check mark whether the registrantis a large accelerate dfiler, an accelerated filer, a non-acceleratedfiler, a smallerreporting companyoran emerging growthcompany.Seethe definitionsof"largeacceleratedfiler,""acceleratedfiler,""smallerreportingcompany"and" emerginggrowthcompany"in Rule 12b-2oftheExchangeAct. Large acceleratedfilerl2lAcceleratedfiler0Non-accelerated filer0Smallerreporting company0Emerging growth company Ifanemerginggrowthcompany, indicatebycheck markifthe registrant has elected nottouse the extended transitionperiodforcomplyingwithanyneworrevisedfinancial accounting s.tandards provided pursuanttoSection13(a)ofthe Exchange Act.0 Indicate bycheckmarkwhether theregistrant has filed a repor tonand attestat ion to itsmanagement'sassessmentoftheeffectivenessofits internal control.overfinancial reportingunderSection404(b)oftheSarbanes-OxleyAct(15U.S.C.7262(b))bythe registered public accounting firm that preparedorissued its auditreport.~ Ifsecurities are registered pursuant toSection12(b)oftheAct, indicate by check mark whetherthefinancial statementsofthe registrantincludedinthefilingreflectthecorrectionofan errortopreviously issued financia l statements.0 Jndicate by c heckmarkwhetheranyofthoseerror correctionsarerestatementsthat required a recoveryanalysisofincentive-based compensation receivedbya nyoftheregistrant'sexecutiveofficers duringtherelevant recoveryperiodpursuantto§240.100-1(b).0 Indicate by check mark whether the registrant is a shell company(asdefined in Rule 12b-2ofthe Act).Yes0 Nol2l AsofJune30, 2024,the aggregate marketvalueof the commonstockofthe registrantheld by non-affiliatesofthe registrant was approximately$2,035.4 million. AsofFebruary 18,2025,there were 116,377,932 sharesofcommon stock,€0.06nominal value per share, outstanding. DOCUMENTSINCORPORATEDBYREFERENCE PortionsoftheProxy Statement in connection with the2025Annual Meeting of Stockholders, tobefiled no laterthan120daysaftertheendofthe fiscalyeartow hichthis Form10-Krelates,are incorporated by reference into PartIllofthis Form10-K. ItemS.ltem6.ltem 7.Item7A.l'tem8.ltem9.ltem9A.l'tem98.Item9C.MarketforRegi.~trant'.•Common Equitv. Related Stockholder MattersandluuerPurchase.~o(Equi{VSecuritiesReservedManagement's DiscussionandAnalysisofFinancialConditionandResultsofOoerationsOuantjtatjveandOualitatjveDisclosuresAboutMarketRiskFinancialStatement.~andSuon/ementaryDataChangesi11andDisagreementswithAccountants011Accou11tingandFi11ancia/Disclo.~ureControlsandProcedure.~OtherInformationDj.~c/osureRegardjng ForejgnJyrjsdjctjonsthatPrevent Inspections ltem1.Business Gener al Expro Group Holdings N.Y. is a Netherlands limited liability company (Naamloze Vennootschap) and includestheactivitiesofits whollyownedsubsidiaries (eitherindividuallyortogether, as contextrequires,"Expro,"the"Company,""we,""us"and"our"). OnMarch10,2021,th eCompanyand New EagleHoldingsLimited, an exempted company limited by shares incorporated under the lawsoftheCaymanIslands and adirectwhollyownedsubsidiaryoftheCompany("MergerSub"),enteredintoanAgreementandPlanofMergerwithExproGroupHoldingsInternationalLimited("LegacyExpro")providing forthemergerofLegacy Expro withandinto MergerSubii.nanall-stock transaction, with MergerSu.bsurviving the mergerasad irect, wholly owned subsidiaryoftheCompany(the"Merger").TheMerger closed onOctober1,2021,and the Company, previouslyknownasFrank'sInternationalN.Y.("Frank's"),was renamed Expro Group Holdings N.Y. OurOperations Working for clients across the entire well lifecycle, we are a leading providerofenergy services, offering cost-effective,innovative solutions and what we consider tobebest-in-class safety and service quality. With roots dating to1938,we have approximately8,500employees and provide services and solutions to leading explorationand productioncompaniesinboth onshoreand offshore environmentsinover50countries.Ourextensiveportfolioofcapabilities spans well construction,well flowmanagement, subsea well access, and well intervention and integrity solutions. DescriptionofBusinessSegmen