$MCB.TO

Earnings Flash (MCB.TO) McCoy Global Posts Q1 Adjusted EBITDA Loss of $1.3M, or 14% of Revenue

Earnings Flash (MCB.TO) McCoy Global Reporting Q1 Revenue $9.4M, Down 52% YoY; Net Loss of $3.2M Vs $0.9M in Q1 2025

McCoy Global Up 11% After Closing US$10 Million Credit Facility

McCoy Global (MCB.TO) shares rose 11% after it closed a new US$10 million asset-based revolving credit facility (ABL facility) with a leading U.S. Schedule I international banking institution as administrative agent and lender, it said on Thursday.The ABL facility provides enhanced liquidity and financial flexibility to support working capital requirements, reduces financing costs, and replaces the company's previous revolving credit facility with a Canadian chartered bank, which was fully repaid and terminated in Q2 2026, it said. No amounts are currently drawn under the ABL facility, it added.The facility has a three-year term and is available to McCoy Global Inc. and McCoy Global USA Inc., and is secured by a first-priority lien on substantially all assets of the borrowers and related guarantors.Shares of the company were last seen up $0.28 at $2.72 on the Toronto Stock Exchange.Price: $2.73, Change: $+0.29, Percent Change: +11.89%