Mccoy Global Inc. · TSX:MCB
Mccoy Global — Investor Presentation (November 2024)
13 slides from Mccoy Global's investor presentation, November 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: Capitalization and Enterprise Value
Share price (November 8, 2024) (C$/sh) 2.83 Fully Diluted shares outstanding (mm) 27.18 Market Capit alizat ion (C$ mm) 76.92 (-) Cash (C$ mm) (10.51) (+) Borrowings (C$ mm) - (+) Lease liabilities (C$ mm) 3.54 E nt erpris e V alue (C$ mm) 69.95 (+) Inventory (C$ mm) 37.41 (+) Accounts Receivable (C
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 ba
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: Revenue Split by Hemisphere
~60% Historically ~40% in 2023 • ~40% Historically ~60% in 2023 • Western Hemisphere Easter Hemisphere Page 06
Slide 7: Company Footprint in Eastern Hemisphere
HYDRAULIC POWER smartHUB & Virtual FOOT PRINT IN COMPANY CRT DATA ACQUISITION HANDING EQUIPMENT smarTRTM accessories TONGS Thread-RepTM EASTERN HEMISPHERE Page 7
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
New technologies and aftermarket sales account for a substantial portion of overall revenues at favorable margins Product and Service Offering Overview % of 2024 YTD Revenue Products & Service Offering Margin Profile Capital Equipment & Technologies Casing Running Tools (CRT) & Handling tools (FMS),
Slide 10: Tubular Running Services Industry Drivers
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 in Land and Shelf Applications
Industry Step Change for TRS in Land and Shelf Applications Significantly reduce the cost of running casing through technology while increasing efficiency, safety and wellbore integrity. Commercial Success of McCoy's Individual Smart Technologies for Conventional TRS Conventional TRS TRS using McCoy
Slide 12: smarTR Milestones Timeline
a a a 2017 2018 2019 2020 2021 2022 2023 2024+ 2025+ Received first deep water offshore smarTRTM contract award, also marking the first offshore commercial Software as a Service (SaaS) purchase commitment for Virtual Thread-RepTM. a a a a Page 12
Slide 13: Company Footprint in Eastern Hemisphere
HYDRAULIC POWER smartHUB & Virtual FOOT PRINT IN COMPANY CRT DATA ACQUISITION HANDING EQUIPMENT smarTRTM accessories TONGS Thread-RepTM EASTERN HEMISPHERE Page 13