Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 NCS Multistage Holdings, Inc. (Exact name of registrant as specified in its charter) | Delaware | 46-1527455 | | --- | --- | | (State or other jurisdiction of | (IRS Employer | | incorporation or organization) | Identification number) | | 19350 State Highway 249, Suite 600 | | | Houston, Texas | 77070 | | (Add ...

NCS Multistage (NCSM) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 Thank you. I would now like to turn over the call to Mike Morrison, Chief Financial Officer. Please go ahead. Speaker1 Thank you, Janice, and thank you for joining the NCS Multistage First Quarter twenty twenty five Conference Call. Our call today will be led by our CEO, Ryan Hummer, and I will also provide comments. I want to remind listeners that some of today's comments include forward looking statements such as our financial g ...

Exhibit 99.1 NCS Multistage Holdings, Inc. 19350 State Highway 249, Suite 600 Houston, Texas 77070 PRESS RELEASE NCS MULTISTAGE HOLDINGS, INC. ANNOUNCES FIRST QUARTER 2025 RESULTS First Quarter Results HOUSTON, April 30, 2025 – NCS Multistage Holdings, Inc. (Nasdaq: NCSM) (the "Company," "NCS," "we" or "us"), a leading provider of highly engineered products and support services that facilitate the optimization of oil and natural gas well construction, well completions and field development strategies, today ...

First Quarter Results Total revenues of $50.0 million, a 14% year-over-year improvementGross margin improved to 42% from 39%; adjusted gross margin improved to 44% from 40% in the first quarter of 2024Net income of $4.1 million and diluted earnings per share of $1.51, an improvement compared to $2.1 million and diluted earnings per share of $0.82 one year agoAdjusted EBITDA of $8.2 million, a $2.1 million year-over-year improvement$23.0 million in cash and $7.6 million of total debt as of March 31, 2025 HOU ...

HOUSTON, April 24, 2025 (GLOBE NEWSWIRE) -- NCS Multistage Holdings, Inc. (“NCS” or the “Company”) (Nasdaq: NCSM) will host a conference call to discuss its first quarter 2025 results on Thursday, May 1, 2025 at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). NCS will issue its first quarter 2025 earnings release the evening prior to the conference call. For those participants who wish to ask questions, please dial (800) 715-9871 (U.S. toll-free) or +1 (646) 307-1963 (international) and enter the Conferenc ...

Company Overview - NCS Multistage Holdings, Inc. is a leading provider of highly engineered products and support services for optimizing oil and natural gas well construction, completions, and field development strategies [2] - The company primarily serves exploration and production companies for both onshore and offshore wells, focusing on those drilled with horizontal laterals in unconventional and conventional formations [2] - NCS's products and services are utilized across North America and selected international markets, including the North Sea, Middle East, Argentina, and China [2] - The company's common stock is traded on the Nasdaq Capital Market under the symbol "NCSM" [2] Upcoming Events - Ryan Hummer, the Chief Executive Officer of NCS, is scheduled to present at the Emerging Growth Conference on March 27, 2025, at 11:35 a.m. Central Time [1] - Interested parties can register for the presentation via a provided link, and a webcast will be available on the company's website for approximately 90 days following the event [1]

Core Insights - NCS Multistage Holdings, Inc. (NCSM) reported a 28% year-over-year increase in total revenues for Q4 2024, reaching $45.0 million [1][6] - The growth was primarily driven by a significant rise in international revenues, particularly from the Middle East tracer diagnostics projects, and a 19.5% increase in Canada [1] - U.S. results were mixed, with product sales increasing by 29.1% while services revenues decreased by 9.5% [1] - The company expects modest revenue growth through FY25 despite potential tariff increases [1] - Consolidated gross margins improved from 36.6% in Q4 2023 to 43.1% in Q4 2024 [1] Financial Performance - Total revenues for Q4 2024 were $45.0 million, marking a 28% year-over-year improvement [6] - The liquidity position of the company increased to $46.0 million from $37.0 million in Q3 2024 [6] - Adjusted EBITDA for the quarter was $8.2 million, reflecting a $5.7 million year-over-year improvement [6]

Financial Data and Key Metrics Changes - For Q4 2024, total revenues were $45 million, a 20% increase year-over-year, with contributions from all regions [21] - Full year 2024 revenues reached $162.6 million, a 14% improvement compared to 2023 [23] - Adjusted gross margin for Q4 2024 was 43%, up from 37% in Q4 2023, driven by higher margin international revenues [22] - Adjusted EBITDA for Q4 2024 was $8.2 million, significantly up from $2.5 million in Q4 2023 [26] - Full year adjusted EBITDA was $22.3 million, a substantial increase from $11.9 million in 2023 [27] Business Line Data and Key Metrics Changes - International revenue doubled from 5% to 10% of total revenue in 2024, reaching an all-time high of $16.5 million [12][23] - The company advanced the use of its fracturing systems technology, particularly in the North Sea and deepwater applications [11] Market Data and Key Metrics Changes - Canadian revenue increased by 20%, while U.S. revenue grew by 18% in Q4 2024 [21] - International revenue saw a remarkable increase of 280% year-over-year [21] Company Strategy and Development Direction - The company aims to grow revenue in excess of underlying market activity in 2025, focusing on Canada, the U.S., and international markets [18] - Strategic objectives include obtaining field trials for new technology and driving commercial success in new markets [18] - The company is actively pursuing M&A opportunities to enhance its technology and market presence [56] Management's Comments on Operating Environment and Future Outlook - Management expects 2025 customer activity in the U.S. to be flat to down, with slight increases in Canada and core international markets [30] - The strengthening U.S. dollar is anticipated to negatively impact revenue and adjusted EBITDA in 2025 [31] - The company plans to maintain a strong balance sheet and liquidity position, expecting to generate positive free cash flow in 2025 [36][37] Other Important Information - The company ended 2024 with a cash balance of nearly $26 million and a positive net cash position of $17.7 million [27][36] - Adjusted gross margin for the full year 2024 improved to 41% from 39% in 2023 [23] Q&A Session Summary Question: Insights on the cadence for the year and spring breakup in Canada - Management expects 2025 seasonality to mimic 2024, with typical activity patterns anticipated [43][44] Question: Factors driving margin expansion - Margin expansion was driven by international growth, operating leverage, and cost reduction actions taken in 2023 [48][50] Question: M&A opportunities and technology integration - The company is actively looking for small tech-related businesses that can complement its operations and enhance growth [56] Question: R&D developments and upcoming products - Exciting technologies are in development, with some nearing the prototype stage for market introduction [60]

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Q4 2024 Earnings Conference Call March 11, 2025 8:30 AM ET Company Participants Mike Morrison - Chief Financial Officer Ryan Hummer - Chief Executive Officer Conference Call Participants Dave Storms - Stonegate John Daniel - Daniel Energy Partners Operator Good day and thank you for standing by. Welcome to the Q4 and Full Year 2024 NCS Multistage Earnings Conference Call. At this time, all participants are in a listen only mode. After the speakers' presentation, t ...

Investor Update March 2025 Disclaimer Forward-Looking Statements The information in this presentation includes "forward-looking statements" that are subject to risks and uncertainties. All statements, other than statements of historical fact included in this presentation, regarding NCS Multistage Holdings, Inc.'s (the "Company," "NCS", "NCSM", "we" or "us") strategy, financial guidance, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of ...