Cash flow McCoy Global Inc.

Equities

MCB

CA57980Q1063

Oil Related Services and Equipment

Market Closed - Toronto S.E. Other stock markets 15:07:29 2024-09-16 EDT			5-day change	1st Jan Change
2.035 ^CAD	+1.75%		+2.26%	-2.16%

08-20	McCoy Global Secures TSX Approval for Normal Course Issuer Bid	MT
08-20	McCoy Global Brief: Announcing Approval of Normal Course Issuer Bid	MT

4b18ab507c5be175.D9qtQrz731kcVP3HSHm77vORNjE1bKjYWD_Xe_gePBg.aIzUOM-WkDJEGouOP0DXsZLkXm55Oc7hK3aWP7ZsamBgsM8mxcynDF5lmg

Published financial data: MCCOY GLOBAL INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	53.39M	38.67M	32.8M	52.43M	69.69M
Total Revenues	53.39M	38.67M	32.8M	52.43M	69.69M
Cost of Goods Sold, Total	37.06M	30.72M	23.65M	36.66M	46.86M
Gross Profit	16.33M	7.95M	9.14M	15.76M	22.83M
Selling General & Admin Expenses, Total	11.16M	7.34M	7.03M	8.32M	11.02M
R&D Expenses	3.38M	2.22M	1.99M	2.96M	4.07M
Other Operating Expenses, Total	14.54M	9.56M	9.03M	11.28M	15.1M
Operating Income	1.78M	-1.61M	116K	4.49M	7.73M
Interest Expense, Total	-806K	-1.1M	-860K	-788K	-743K
Interest And Investment Income	142K	94K	17K	17K	403K
Net Interest Expenses	-664K	-1.01M	-843K	-771K	-340K
Currency Exchange Gains (Loss)	-226K	-315K	-143K	-49K	-284K
Other Non Operating Income (Expenses)	-576K	-	-25K	-53K	-44K
EBT, Excl. Unusual Items	319K	-2.93M	-895K	3.62M	7.06M
Restructuring Charges	-	-178K	-	-	-
Merger & Related Restructuring Charges	-240K	-196K	-	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	154K	121K	192K	4.14M	24K
Asset Writedown	-	-	-	-	-
Other Unusual Items	-	1.02M	4.78M	36K	-
EBT, Incl. Unusual Items	233K	-2.17M	4.08M	7.79M	7.09M
Income Tax Expense	-	9K	-	-974K	558K
Earnings From Continuing Operations	233K	-2.18M	4.08M	8.76M	6.53M
Earnings Of Discontinued Operations	-	-	-	-	-
Net Income to Company	233K	-2.18M	4.08M	8.76M	6.53M
Net Income - (IS)	233K	-2.18M	4.08M	8.76M	6.53M
Net Income to Common Incl Extra Items	233K	-2.18M	4.08M	8.76M	6.53M
Net Income to Common Excl. Extra Items	233K	-2.18M	4.08M	8.76M	6.53M
Per Share Items
Net EPS - Basic	0.01	-0.08	0.15	0.31	0.23
Basic EPS - Continuing Operations	0.01	-0.08	0.15	0.31	0.23
Basic Weighted Average Shares Outstanding	27.52M	27.7M	28.01M	28.32M	28.39M
Net EPS - Diluted	0.01	-0.08	0.14	0.31	0.23
Diluted EPS - Continuing Operations	0.01	-0.08	0.14	0.31	0.23
Diluted Weighted Average Shares Outstanding	27.92M	27.7M	28.36M	28.72M	28.39M
Normalized Basic EPS	0.01	-0.07	-0.02	0.08	0.16
Normalized Diluted EPS	0.01	-0.07	-0.02	0.08	0.16
Dividend Per Share	-	-	-	-	0.03
Payout Ratio	-	-	-	-	8.5
Supplemental Items
EBITDA	3.73M	900K	2.43M	6.82M	10.68M
EBITA	1.94M	-775K	894K	5.63M	9.54M
EBIT	1.78M	-1.61M	116K	4.49M	7.73M
EBITDAR	-	-	-	-	-
Effective Tax Rate - (Ratio)	-	-0.42	-	-12.5	7.87
Total Current Taxes	-	9K	-	111K	745K
Total Deferred Taxes	-	-	-	-1.08M	-187K
Normalized Net Income	199K	-1.83M	-559K	2.26M	4.41M
Interest on Long-Term Debt	374K	466K	386K	356K	507K
Supplemental Operating Expense Items
Selling and Marketing Expenses	2.22M	1.42M	1.44M	1.78M	2.42M
General and Administrative Expenses	8.94M	5.92M	5.6M	6.53M	8.6M
Research And Development Expense From Footnotes	3.38M	2.22M	1.99M	2.96M	4.07M
Net Rental Expense, Total	-	-	-	-	-
Stock-Based Comp., G&A Exp. (Total)	189K	273K	592K	566K	1.31M
Stock-Based Comp., Other (Total)	-	-	-	-	-
Total Stock-Based Compensation	189K	273K	592K	566K	1.31M

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	8.38M	12.14M	11.14M	21.47M	15.73M
Total Cash And Short Term Investments	8.38M	12.14M	11.14M	21.47M	15.73M
Accounts Receivable, Total	7.35M	3.61M	6.03M	12.95M	10.37M
Other Receivables	1.44M	-	-	27K	42K
Total Receivables	8.79M	3.61M	6.03M	12.98M	10.41M
Inventory	23.03M	15.92M	15.52M	22.03M	30.59M
Prepaid Expenses	664K	679K	873K	1.14M	1.02M
Restricted Cash	500K	500K	885K	846K	-
Other Current Assets, Total	-	-	-	-	-
Total Current Assets	41.37M	32.85M	34.44M	58.46M	57.75M
Gross Property Plant And Equipment	24.09M	26.34M	25.49M	23.67M	26.47M
Accumulated Depreciation	-14.26M	-15.88M	-15.38M	-16.34M	-17.15M
Net Property Plant And Equipment	9.82M	10.47M	10.12M	7.34M	9.32M
Goodwill	3.55M	3.48M	3.47M	3.7M	3.62M
Other Intangibles, Total	4.57M	5.82M	7.07M	7.18M	5.31M
Deferred Tax Assets Long-Term	-	-	-	1.08M	1.24M
Other Long-Term Assets, Total	319K	39K	39K	39K	-
Total Assets	59.63M	52.66M	55.14M	77.79M	77.24M
Liabilities
Accounts Payable, Total	4.21M	2.35M	3.54M	8.56M	8.56M
Accrued Expenses, Total	1.38M	1.29M	1.35M	2.3M	4.79M
Short-term Borrowings	-	-	-	-	-
Current Portion of Long-Term Debt	2.53M	1.22M	504K	2.26M	-
Current Portion of Leases	1.1M	384K	569K	1.11M	1.1M
Current Income Taxes Payable	-	-	-	94K	288K
Other Current Liabilities	4.69M	2.19M	2.42M	5.06M	5.31M
Total Current Liabilities	13.9M	7.43M	8.39M	19.4M	20.05M
Long-Term Debt	5.66M	6.08M	3.69M	2.25M	-
Long-Term Leases	2.16M	3.64M	3.05M	4.43M	3.21M
Deferred Tax Liability Non Current	-	-	-	-	-
Other Non Current Liabilities	58K	-	-	-	-
Total Liabilities	21.78M	17.15M	15.13M	26.08M	23.26M
Common Stock, Total	59.64M	59.71M	59.99M	60.14M	17.4M
Additional Paid In Capital	5.38M	5.56M	5.68M	5.76M	46.27M
Retained Earnings	-34.72M	-36.9M	-32.82M	-24.06M	-18.35M
Comprehensive Income and Other	7.55M	7.13M	7.15M	9.88M	8.67M
Total Common Equity	37.85M	35.5M	40.01M	51.71M	53.98M
Total Equity	37.85M	35.5M	40.01M	51.71M	53.98M
Total Liabilities And Equity	59.63M	52.66M	55.14M	77.79M	77.24M
Supplemental Items
ECS Total Shares Outstanding on Filing Date	27.63M	27.81M	28.23M	28.51M	26.95M
ECS Total Common Shares Outstanding	27.63M	27.8M	28.22M	28.39M	26.95M
Book Value / Share	1.37	1.28	1.42	1.82	2
Tangible Book Value	29.73M	26.2M	29.47M	40.84M	45.06M
Tangible Book Value Per Share	1.08	0.94	1.04	1.44	1.67
Total Debt	11.45M	11.33M	7.81M	10.06M	4.31M
Net Debt	3.07M	-804K	-3.32M	-11.41M	-11.41M
Debt Equivalent Oper. Leases	-	-	-	-	-
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	10.7M	11.85M	11.84M	14.86M	15.78M
Inventories - Work In Process, Total	1.89M	1.78M	1.75M	3.13M	3.04M
Inventories - Finished Goods, Total	10.44M	8.96M	8.3M	9.54M	16.92M
Land - (BS)	1.33M	1.3M	1.3M	-	-
Buildings, Total	3.33M	3.27M	3.25M	-	-
Machinery, Total	14M	14.78M	13.98M	15.38M	18.05M
Full Time Employees	126	97	100	114	132
Accumulated Allowance for Doubtful Accounts (Supple)	1M	-	-	140K	305K
Order Backlog	12.2M	9.7M	11.7M	23.6M	22.5M

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	233K	-2.18M	4.08M	8.76M	6.53M
Depreciation & Amortization - CF	2.73M	2.47M	2.17M	1.85M	1.98M
Amortization of Goodwill and Intangible Assets - (CF)	150K	834K	778K	1.14M	1.81M
Depreciation & Amortization, Total	2.88M	3.31M	2.94M	2.98M	3.8M
Amortization of Deferred Charges, Total - (CF)	92K	132K	69K	63K	76K
(Gain) Loss From Sale Of Asset	-154K	-121K	-192K	-4.14M	-24K
Asset Writedown & Restructuring Costs	-388K	-562K	-86K	-74K	-30K
Stock-Based Compensation (CF)	189K	273K	592K	566K	1.31M
Net Cash From Discontinued Operations	-	-	-	-	-
Other Operating Activities, Total	-92K	-388K	-4.79M	-966K	-433K
Change In Accounts Receivable	3.09M	5.26M	-	-6.28M	2.31M
Change In Inventories	4.99M	6.9M	-	-5.24M	-9.01M
Change In Accounts Payable	-4.62M	-2.07M	-	4.94M	1.96M
Change in Other Net Operating Assets	695K	-1.75M	-1.16M	2.25M	263K
Cash from Operations	6.92M	8.81M	1.46M	2.87M	6.74M
Capital Expenditure	-1.42M	-1.53M	-1.9M	-247K	-4.45M
Sale of Property, Plant, and Equipment	380K	157K	241K	8.81M	38K
Cash Acquisitions	-5.82M	-	-	-	-
Divestitures	-	-	-	-	-
Sale (Purchase) of Intangible assets	-2.2M	-2.26M	-2.05M	-782K	-93K
Other Investing Activities, Total	-	-	-	-869K	-
Cash from Investing	-9.06M	-3.63M	-3.72M	6.91M	-4.5M
Short Term Debt Issued, Total	-	-	-	-	-
Long-Term Debt Issued, Total	3.16M	5.83M	3.74M	-	-
Total Debt Issued	3.16M	5.83M	3.74M	-	-
Long-Term Debt Repaid, Total	-2.26M	-7.04M	-2.24M	-579K	-5.68M
Total Debt Repaid	-2.26M	-7.04M	-2.24M	-579K	-5.68M
Issuance of Common Stock	126K	76K	281K	187K	330K
Repurchase of Common Stock	-68K	-	-	-26K	-2.59M
Common Dividends Paid	-	-	-	-	-555K
Common & Preferred Stock Dividends Paid	-	-	-	-	-555K
Other Financing Activities, Total	-	-	-385K	110K	846K
Cash from Financing	961K	-1.14M	1.4M	-308K	-7.65M
Foreign Exchange Rate Adjustments	-1.38M	-294K	-139K	855K	-333K
Net Change in Cash	-2.56M	3.75M	-997K	10.33M	-5.74M
Supplemental Items
Cash Income Tax Paid (Refund)	-	9K	-	13K	534K
Levered Free Cash Flow	3.91M	6.05M	-1.92M	-79.5K	2.9M
Unlevered Free Cash Flow	4.32M	6.62M	-1.43M	362K	3.3M
Change In Net Working Capital	-3.76M	-7.82M	1.1M	4.98M	2.11M
Net Debt Issued / Repaid	903K	-1.21M	1.5M	-579K	-5.68M

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	1.87	-1.79	0.13	4.22	6.23
Return on Total Capital	2.36	-2.09	0.15	5.12	8.05
Return On Equity %	0.6	-5.93	10.8	19.11	12.35
Return on Common Equity	0.6	-5.93	10.8	19.11	12.35
Margin Analysis
Gross Profit Margin %	30.58	20.56	27.88	30.07	32.76
SG&A Margin	20.9	18.97	21.45	15.86	15.82
EBITDA Margin %	6.98	2.33	7.41	13.01	15.33
EBITA Margin %	3.62	-2	2.73	10.73	13.69
EBIT Margin %	3.34	-4.16	0.35	8.56	11.09
Income From Continuing Operations Margin %	0.44	-5.62	12.43	16.71	9.37
Net Income Margin %	0.44	-5.62	12.43	16.71	9.37
Net Avail. For Common Margin %	0.44	-5.62	12.43	16.71	9.37
Normalized Net Income Margin	0.37	-4.74	-1.71	4.31	6.33
Levered Free Cash Flow Margin	7.32	15.65	-5.84	-0.15	4.15
Unlevered Free Cash Flow Margin	8.1	17.12	-4.37	0.69	4.73
Asset Turnover
Asset Turnover	0.89	0.69	0.61	0.79	0.9
Fixed Assets Turnover	6.05	3.81	3.19	6.01	8.37
Receivables Turnover (Average Receivables)	5.93	7.06	6.8	5.53	5.98
Inventory Turnover (Average Inventory)	1.47	1.58	1.5	1.95	1.78
Short Term Liquidity
Current Ratio	2.98	4.42	4.11	3.01	2.88
Quick Ratio	1.24	2.12	2.05	1.78	1.3
Operating Cash Flow to Current Liabilities	0.5	1.19	0.17	0.15	0.34
Days Sales Outstanding (Average Receivables)	61.6	51.84	53.64	66	61.06
Days Outstanding Inventory (Average Inventory)	247.52	232.04	242.62	186.89	204.94
Average Days Payable Outstanding	66.71	50.78	46.24	51.18	56.38
Cash Conversion Cycle (Average Days)	242.41	233.1	250.02	201.71	209.62
Long Term Solvency
Total Debt/Equity	30.25	31.92	19.53	19.45	7.99
Total Debt / Total Capital	23.23	24.2	16.34	16.28	7.4
LT Debt/Equity	20.66	27.39	16.85	12.92	5.94
Long-Term Debt / Total Capital	15.86	20.76	14.1	10.81	5.5
Total Liabilities / Total Assets	36.53	32.58	27.44	33.52	30.11
EBIT / Interest Expense	2.21	-1.46	0.13	5.7	10.41
EBITDA / Interest Expense	5.79	1.54	3.56	9.48	15.51
(EBITDA - Capex) / Interest Expense