Mccoy Global Inc. · TSX:MCB
Mccoy Global — Investor Presentation (May 2024)
13 slides from Mccoy Global's investor presentation, May 2024
Slide 1: McCoy Global Investor Presentation
www.mccoyglobal.com Page
Slide 2: Forward-Looking Statements
Forward-Looking Statements This presentation contains forwarclooking 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", "
Slide 3: Share price, enterprise value and non-cash working capital
Share price (May 10, 2024) (C$/sh) 2.02 Fully Diluted shares outstanding (mm) 26.99 Market Capit alizat ion (C$ mm) 54.52 (-) Cash (C$ mm) (10.62) (+) Borrowings (C$ mm) - (+) Lease liabilities (C$ mm) 4.12 E nt erpris e V alue (C$ mm) 48.02 (+) Inventory (C$ mm) 34.87 (+) Accounts Receivable (C$ mm
Slide 4: Opportunity Highlights
Opportunity Highlights Global provider of TRS equipment & technology with a long history of innovation: ¢50+ years industry operations *Global brand recognition among blue chip companies *Broadest product and service offering among competitors Profitable and capital efficient business: «Pristine bal
Slide 5: Tubular Running Services Today
Tubular Running Services Today Industry Overview McCoy is an innovator that through its technologies and solutions enables Tubular Running Services (TRS) providers to efficiently and safely connect steel pipe sections (casing) to enable safe access to hydrocarbons. Our tools and technologies help re
Slide 6: Western and Eastern Hemisphere revenue split
~60% Historically ~40% in 2023 • ~40% Historically ~60% in 2023 • Western Hemisphere Easter Hemisphere Page 06
Slide 7: Company footprint in Eastern Hemisphere
FOOT PRINT IN EASTERN COMPANY HYDRAULIC POWER TONGS CRT DATA ACQUISITION HANDLING EQUIPMENT HEMISPHERE Page 07
Slide 8: Revenue and Adjusted EBITDA (TTM)
Revenue (TTM) 000's CAD Adjusted EBITDA (TTM) 000's CAD Page 08
Slide 9: Product and Service Offering
Product and Service Offering Products & Service Offering Capital Equipment & Technologies Overview % of 2024 YTD Revenue New technologies and aftermarket sales account for a substantial portion of overall revenues at favorable margins Margin Profile Casing Running Tools (CRT) & Handling tools (FMS),
Slide 10: Tubular Running Services
Tubular Running Services Lack of reliable and skilled labor drives increased demand for automation and improved safety. National Oil companies are looking for more independence from large multinational service providers. Local content and integrated drilling and tubular running services are becoming
Slide 11: Industry Step Change for TRS
Industry Step Change for TRS Significantly reduce the cost of running casing through technology while increasing efficiency, safety and wellbore integrity. Conventional TRS Conventional TRS using McCoy's Smart Technologies R eee? ch) eee Remove need for expertise through technology TRS using McCoy's
Slide 12: Technology timeline 2017 to 2023+
a a 2017 2019 2020 2022 2023+ a Page 12
Slide 13: Company footprint in Eastern Hemisphere
FOOT PRINT IN EASTERN COMPANY HYDRAULIC POWER TONGS CRT DATA ACQUISITION HANDING EQUIPMENT HEMISPHERE Page 13