Added to YB: 2026-05-19
Pitch date: 2026-05-16
MCB.TO [neutral]
McCoy Global Inc.
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 61.1M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
5.29
P/E
11.87
EV/Sales
0.85
Sector
Energy Equipment and Services
Category
turnaround
McCoy Global Q1 2026 Update – MCB.TO
MCB.TO (update): Q1 rev $16.6M (-43% YoY), gross margin 20% (-700bps), adj EBITDA $5M (-1100bps). Backlog $23.3M supports near-term rev but order intake $6.5M (-72% YoY) w/ $6.5M Middle East cancellation. Orders subdued through late Q3 2026. New $10M ABL for liquidity. Iran conflict hit ME exposure (backlog down from 2/3 to 1/3). Key risks: survival if Q2-Q4 = Q1, order recovery timing. Long-term demand intact.
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