2011 "Exceptional" -All Record Results Cashed Up! - Eat or be Eaten! General markets are in correction but MCB looks very good long term.
Highlights:
*EPS
.45 per share (vs.
.20 in 2010)
*Cash balance $29.4 million, up 81%
*Record revenues, record EBITDA & record earnings in 2011
*Revenues up 53%; EBITDA up 58%; Net earnings up 120%
*Mobile Solutions (heavy duty trailers used in oil & gas industry) Revenues up 113%, above forecast
*Steady demand for quotes & Orders
*International sales strong
*McCoy is expanding globally and developing innovative new products for the O&G industry
*New Products projected to add $150 million in new revenue over the next 5 years
*Operational base in Houston Texas established in 2011
*Exploring opportunities for strategic acquisitions