McCoy Global Inc.
Symbol:
TSX: MCB
OTCPK: MCCRF
Market Cap:
Private
Sector:
Technology
Summary:
- McCoy Global Inc. (TSX: MCB) is a leading provider of technologies and solutions to the Tubular Running Services (TRS) industry. McCoy’s technologies and solutions improve wellsite safety, maximize wellbore integrity, and drive significant ROI for our clients through automation, real-time data, and deep application expertise.
- Financial highlights: 56.5% and 111% year-over-year TTM revenue and adjusted EBITDA growth respectively as of Q3 2023; a pristine balance sheet with $14 million in cash and no borrowings. The successful commercialization of the company’s disruptive SmarTR technology could transform the TRS industry with a potential for a 50%+ reduction in labor costs.