Mccoy Global Inc. · TSX:MCB

Mccoy Global — Investor Presentation (May 2017)

22 slides from Mccoy Global's investor presentation, May 2017

  1. Slide 1: Investor Presentation May 2017

    Investor Presentation May 2017

  2. Slide 2: Forward Looking Information

    Forward Looking Information This presentation contains forward-looking statements and forward-looking information within the meaning of applicable securities laws. The use of any of the words "expect“, "anticipate", "continue", "estimate", "objective", "ongoing", "may", "will", "project", "should",

  3. Slide 3: Global Leader of Tubular Make-up Technologies

    Global Leader of Tubular Make-up Technologies Supporting tubular Tubular make-up and data collection technology leader connection Long-term trend towards more complex well construction integrity Broadened portfolio, Global torque and tension sub (TTS) technology leader enhanced Technical expertise s

  4. Slide 4: Competitive Advantages

    Competitive Advantages Broadest platform of 3PS: Enhanced customer Global service and tubular make-up and installed product support with largest US equipment in the market, base; broadened portfolio testing facility global TTS leader of products and services Engineered solutions for complex applicat

  5. Slide 5: Tubular Make-Up and Data Collection Technologies

    Tubular Make-Up and Data Collection Technologies Hydraulic Power Tongs Typically used by service companies to apply weCATTTM torque to make-up / Wireless data break-out tubular on the monitoring of rig; also included in torque, turns and offshore rig packages hook load winCATT® Real-time tubular con

  6. Slide 6: Full Aftermarket Participation

    Full Aftermarket Participation POSITIONED TO MEET AFTERMARKET DEMAND CAPITAL EQUIPMENT RENTALS 6

  7. Slide 7: Global Clients

    Global Clients Tubular Running Contract Drillers/ Tubular & Threading Services Rig Technologies Companies 7

  8. Slide 8: Increasing Number and Complexity of Connections

    Increasing Number and Complexity of Connections Casing Joints Run Worldwide (millions) A connection occurs an 15 average of every 40 feet of well length 12 9 Higher pressure/temperature of offshore and deeper 6 onshore wells require 3 premium connections 0 A long (8,000-12,000 ft.) lateral well requ

  9. Slide 9: Global Presence

    Global Presence Corporate Headquarters Western Hemisphere Regional Centers Optimizing global and regional customer support throughout the Eastern Hemisphere Regional Centers equipment lifecycle 9

  10. Slide 10: International Energy Market

    International Energy Market 2,500 80,000 70,000 2,000 60,000 50,000 1,500 40,000 30,000 1,000 20,000 10,000 500 0 N.Am. Rigs Intl* Rigs N.Am. Wells Intl* Wells Spears & Associates Drilling and Production Outlook, December 2016; *Intl. market excludes Russia, China and Central Asia. 10

  11. Slide 11: Presence in the International Energy Market

    Presence in the International Energy Market Geographic Revenue (based on invoiced customer’s location) 2014 2015 2016 Canada Canada Canada 4% 7% 5% Intl. 43% Intl. Intl. 55% 61% U.S. U.S. U.S. 53% 38% 34% 61 63 53 Broad exposure to Countries international Invoiced markets 2014 2015 2016 11

  12. Slide 12: Operating Environment

    Operating Environment World Rig Count* (000s) Order Intake ($M) 4 40 3 30 2 20 1 10 0 0 *Baker Hughes worldwide rig count data 12

  13. Slide 13: Quarterly Results ($millions)

    Quarterly Results ($millions) Revenue 38.3 27.2 27.9 27.2 25.8 23.0 21.4 11.6 7.2 6.6 7.1 6.1 Q1/14 Q2/14 Q3/14 Q4/14 Q1/15 Q2/15 Q3/15 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Adjusted EBITDA* 7.4 4.5 4.9 4.8 4.1 3.3 15% 17% 19% 18% 19% 15% 0% -35% -58% -77% -33% -26% of revenue -1.6 -2.4 -4.0 -4.1 -5.1 Q1/14

  14. Slide 14: Quarterly Results ($millions)

    Quarterly Results ($millions) Cash Working Capital CAPEX 27.5 75.0 67.6 21.9 22.2 57.1 57.1 20.6 20.0 54.8 1.0 0.2 0.1 0.0 0.6 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 Q4/15 Q1/16 Q2/16 Q3/16 Q4/16 14

  15. Slide 15: 2017: Revenue Growth, Positive Adjusted EBITDA

    2017: Revenue Growth, Positive Adjusted EBITDA Target aftermarket Enhanced product Take advantage of market opportunities and growth development recovery in strategic regions opportunities Leverage 3PS acquisition Move to assembly Additional merger and to build customer base production model acquisi

  16. Slide 16: Financial Highlights

    Financial Highlights as at April 30, 2017 Share price $1.95 52-week range $1.32 - $2.21 Shares outstanding ~27.7 million Options outstanding ~2.6 million Market capitalization ~$54 million 16

  17. Slide 17: Global Leader of Tubular Make-up Technologies

    Global Leader of Tubular Make-up Technologies Supporting tubular Tubular make-up and data collection technology leader connection Long-term trend towards more complex well construction integrity Broadened portfolio, Global torque and tension sub (TTS) technology leader enhanced Technical expertise s

  18. Slide 18: Head Office: Edmonton, AB Canada

    Head Office: Edmonton, AB Canada (780) 453-8451 info@mccoyglobal.com www.mccoyglobal.com TSX:MCB

  19. Slide 19: Additional Information

    Additional Information

  20. Slide 20: Executive Team and Board of Directors

    Executive Team and Board of Directors EXECUTIVE TEAM Jim Rakievich, ICD.D President & Chief Executive Officer and Director Jacob Coonan, MPAcc, CA Senior Vice President and Chief Financial Officer Kenny Watt Senior Vice President, Sales and Technology Suzanne Langier, CHRP Senior Vice President, Cor

  21. Slide 21: Analyst Coverage

    Analyst Coverage Canaccord Genuity John Bereznicki Calgary, Alberta Industrial Alliance Securities Elias Foscolos Calgary, Alberta Cormark Securities Jesse Pytlak Toronto, Ontario Paradigm Capital Jason Tucker Calgary, Alberta 21

  22. Slide 22: Annual Financial Results ($millions)

    Annual Financial Results ($millions) Adjusted EBITDA* Revenue Net Earnings from Continuing Operations 120.6 18% 5% (49%) 0.34 (0.40) (1.30) of revenue 81.8 per basic share 21.3 4.1 27.0 9.4 2016 2015 2016 2014 2015 2014 2015 2016 2014 -13.2 -11.0 *Adjusted EBITDA is a non-GAAP measure defined as net

McCoy Global — Investor Presentation (May 2017) on 6ix