Added to YB: 2025-08-14
Pitch date: 2025-08-12
MCB.TO [neutral]
McCoy Global Inc.
-11.78%
current return
Author Info
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Company Info
McCoy Global Inc. provides equipment and technologies designed to support tubular running operations that enhance wellbore integrity and assist with collecting data for the energy industry in the United States, Latin America, the Middle East, Africa, Europe, the Asia Pacific, and Canada.
Market Cap
CAD 78.5M
Pitch Price
CAD 3.21
Price Target
N/A
Dividend
3.41%
EV/EBITDA
6.12
P/E
11.88
EV/Sales
0.94
Sector
Energy Equipment and Services
Category
turnaround
McCoy Global ($MCB.TO) FINS Review
MCB.TO (earnings update): Q2 disappoints with 56% drop in net earnings despite 21% revenue growth. Rising expenses (+118%) and cash burn ($3.6M YTD) offset 36.2% gross margin. Balance sheet concerns: $6.6M cash vs $30.8M liabilities, $42.4M inventory with $5M write-down provisions. smarTR system strong but faces industry headwinds.
Read full article (5 min)