McCoy Global 2018 First Quarter Financial Statements

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Create DateMay 11, 2018

For the three months ended March 31, 2018
(in thousands of Canadian dollars, except share data or unless otherwise specified)

McCoy Global Inc. (“McCoy”, “McCoy Global” or the “Corporation”) is incorporated and domiciled in Canada and is a leading provider
of equipment and technologies designed to support wellbore integrity and assist with collecting critical data for the global energy
industry. McCoy Global’s core products are used predominantly during the well construction phase for both land and offshore wells
during both oil and gas exploration and development.
The Corporation is engaged in the following:
i. design, production and distribution of capital equipment to support wellbore integrity and to support capital equipment sales
through aftermarket products and services such as technical support, consumables, and replacement parts;
ii. design, production and distribution of data collection technologies used in rugged applications for the global energy industry
as well as in construction, marine and aerospace;
iii. repair, maintenance, and calibration of the Corporation’s capital equipment and similar competitor products; and
iv. rental of the Corporation’s capital equipment.