GOWell Energy Technology · NASDAQ:GOW
GOWell Energy Technology — H1 2026 Earnings Presentation
13 slides from GOWell Energy Technology's earnings presentation, Oct 21, 2026
Slide 1: October 2026 GOWell
October 2026 1 gowell.energy
Slide 2: Important Notice and Disclaimer
Disclaimer 2 October 2026 Important Notice and Disclaimer This presentation (together with oral statements made in connection herewith, this “ Presentation ”) has been prepared by GOWell Energy Technology (the " Company “ or “ GOWell ” ) solely for information purposes in connection with the First H
Slide 3: Disclaimer (Cont'd): Financial Information; Non-IFRS Measures
Disclaimer (Cont'd) 3 Financial Information ; Non - IFRS Measures Unless otherwise indicated, the financial information in this Presentation is presented in accordance with International Fina nci al Reporting Standards as issued by the International Accounting Standards Board (" IFRS "). The financi
Slide 4: Disclaimer (Cont'd): Use of Projections
Disclaimer (Cont'd) 4 Use of Projections The financial and operating forecasts and projections of GOWell contained in this Presentation represent certain estimates of GO Well as of the date thereof. GOWell's independent registered public accounting firm has not examined, reviewed or compiled the for
Slide 5: GOWell Presenters
GOWell Presenters 5 Guillaume Borrel Chief Executive Officer David MacNeill President of Corporate Development Mike Reed Chief Financial Officer • Engineering graduate of NSCC • Distinguished Oil and Gas career spanning over three decades • Started as an engineer at SLB before moving to NOV as VP of
Slide 6: H1 2026 at a Glance
Adj. EBITDA grew 79% to $14.1M over the same period, to 41.7% of revenue H1 2026 at a Glance* 6 Plug & Abandonment Financial Commercial Technology 43% YoY Revenue Growth (1H '25 to '26) Large capital sales deliveries, mainly to the Caspian region in H1 2026 Completed the integration of the Well Inno
Slide 7: Financials: Revenue
Financials | Revenue (unaudited) 7 $33.8 Million Revenue in 1H 2026 43% Increase vs. $23.6 Million in 1H 2025 $23.6M $33.8M 1H 2025 1H 2026 Revenue Total revenue in the first half of 2026 increased 43% to $33.8 million versus $23.6 million in the first half of 2025 . Revenue growth was primarily dri
Slide 8: Financials: Operating Profit & Adjusted EBITDA
Financials | Operating Profit & Adjusted EBITDA 1 R&D of $2.4 million was capitalized for H1 2026 versus $0 prior to 2026 as the criteria for capitalization had not been met p rev iously. 2 Adjusted EBITDA is a non - IFRS financial measure. For a reconciliation of Adjusted EBITDA to its most compara
Slide 9: Financials: Full Fiscal 2026 Outlook
Financials | Full Fiscal 2026 Outlook *Adjusted EBITDA is a non - IFRS financial measure. For a reconciliation of Adjusted EBITDA to its most comparable IFRS financial measure see Appendix I to this Presentation. 9 $60M – $68M FY2026 Revenue Guidance $25M – $29M FY2026 Adjusted EBITDA* Guidance $47.
Slide 10: Key Technology Updates
Key Technology Updates GOTrac next generation wellbore conveyance • Fully integrated during H1 2026 • First assets manufacturing ongoing • Operations beginning early 2027 Through Tubing Cement Evaluation • Major decommissioning cost reduction enabler • GOWell technology undergoing rigorous validatio
Slide 11: Key Regional Updates
Key Regional Updates 11 October 2026 North America • Dominated by independent OFS companies, relying on third party technology partners Latin America • Forecasted to be the largest non - OPEC production growth area • Growing mature field and decommissioning focus • Venezuela operators starting to ra
Slide 12: Appendix I – Full Reconciliations
Appendix I – Full Reconciliations 12 October 2026 Full Reconciliation of GTL's historical non - IFRS financial measure
Slide 13: Appendix I – Full Reconciliations (Cont'd)
Appendix I – Full Reconciliations (Cont'd) 13 October 2026 Full Reconciliation of GTL's non - IFRS financial measures as projected
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