McCoy Global Inc. · TSX:MCB
McCoy Global — Investor Presentation (August 2024)
13 slides from McCoy Global's investor presentation, August 2024
Slide 1: www.mccoyglobal.com
www.mccoyglobal.com Page
Slide 2: Forward-looking statements
resentation contains forward-looking statements and forward nformation within the meaning of applicable securities laws. of any of the xpect”, "anticipate", "continue", "estimat ive", non ongoing", "may ) rould", "beli , "plan nds" and _ similar ns are intended to identify forward looking informatio
Slide 3: Share price, enterprise value and non-cash working capital
Share price (August 7, 2024) (C$/sh) 1.86 Fully Diluted shares outstanding (mm) 27.18 Market Capitalization (C$ mm) 50.55 (-) Cash (C$ mm) (9.19) (+) Borrowings (C$ mm) - (+) Lease liabilities (C$ mm) 3.85 Enterprise Value (C$ mm) 45.22 (+) Inventory (C$ mm) 36.98 (+) Accounts Receivable (C$ mm) 14.
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 O i cae We neusiry Svein’ Representing, ~ 50% of total TRS operating costs 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 enab
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 and margin profile
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
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 using McCoy's Smart Technologies gag gag 229 2e9 hy 28 Remove need for expertise through technology Remove need for labour thro
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