McCoy Global (MCB) Investor presentation summary
Event summary combining transcript, slides, and related documents.
Investor presentation summary
24 Mar, 2026Strategic positioning and shareholder returns
Targeting double-digit returns on invested capital with a debt-free balance sheet and C$3.5 million in cash.
Quarterly dividend reinstated in 2023 and more than doubled to C$0.025/share, yielding 3.1%.
Repurchased 2.3 million shares since 2022, representing 8% of shares then outstanding.
Market capitalization at C$90.12 million and enterprise value at C$90.34 million as of March 2026.
Non-cash working capital stands at C$45.10 million, or C$1.64 per share.
Market leadership and innovation
Over 50 years in the industry with global brand recognition and a broad product/service portfolio.
Leading independent provider of TRS equipment, with annual sales in 50+ countries and a 30+ year track record.
Smart tools and technologies aim to deliver the first autonomous TRS system for land and shelf applications.
Removal of manual labor from rig floors enhances safety and reduces costs, as labor is ~50% of casing costs.
Significant upside potential with adoption of new technologies and digital integration.
Product and service offering
Offers the broadest range of smart and conventional TRS products, including casing running tools, power tongs, and data acquisition systems.
New technologies and aftermarket sales contribute substantially to revenue at favorable margins.
More than 2,000 data acquisition units sold globally; large installed base supports recurring aftermarket business.
Service and rental segment includes global support, refurbishing, repair, and a diverse rental fleet.
Latest events from McCoy Global
- SmartProduct growth and SaaS revenue boost earnings, but Middle East conflict clouds near-term outlook.MCB
Q4 20256 Mar 2026 - Q3 2025 saw lower revenue but higher net earnings, with strong smartProduct growth and new tech wins.MCB
Q3 202520 Nov 2025 - Smart technology adoption and global contracts set the stage for multi-year growth.MCB
Planet MicroCap Showcase: TORONTO 202522 Oct 2025 - Q2 revenue up 23% and net earnings up 119%, driven by FMS adoption and offshore contracts.MCB
Q2 202419 Sep 2025 - Order intake up 57% year-over-year, revenue down 6%, backlog at $30.1 million.MCB
Q3 202419 Sep 2025 - Q4 revenue and net earnings surged, margins improved, and smartProduct adoption accelerated.MCB
Q4 202419 Sep 2025 - Revenue up 17% to $19.3M, smartProducts drive growth, net earnings down 3% to $0.9M.MCB
Q1 202519 Sep 2025 - Revenue up 21% and smartProduct sales surge, but net earnings fall on one-time expenses.MCB
Q2 202519 Sep 2025