Financial Data and Key Metrics Changes - Fourth quarter revenues were $27.4 million, a 47% decrease compared to the same quarter last year, but a 68% increase sequentially from the third quarter [24] - Full year revenue for 2020 was $107 million, representing a 48% reduction compared to 2019 [25] - Gross profit for the fourth quarter was $11.7 million, or 43% of revenue, compared to 50% in the prior year's fourth quarter [25] - Selling, general and administrative (SG&A) costs were $10.6 million in the fourth quarter, a 52% decrease from the prior year's fourth quarter [26] - Adjusted EBITDA for the fourth quarter was $3 million, down from $8.3 million in the prior year's fourth quarter [27] - Free cash flow for the fourth quarter was $20.7 million, with a total of $34.1 million for the full year [28] Business Line Data and Key Metrics Changes - Revenue in Canada increased sequentially by 279% in the fourth quarter, driven by a recovery from an artificially low base [18] - US revenue is expected to be lower in the first quarter of 2021 compared to the fourth quarter of 2020, primarily due to decreased activity at Repeat Precision [19] - International revenue decreased by 35% sequentially in the fourth quarter [24] Market Data and Key Metrics Changes - The Canadian market is expected to see flat to modestly lower industry activity in 2021, but the company is well-positioned to grow revenue despite this [17] - In the US, industry capital spending is expected to be flat to 10% lower in 2021 compared to 2020, with a sequential increase in drilling and completion activity anticipated [19] - International operations represented an increase from 8% to 11% of total revenue last year, with expectations for further growth in 2021 [15] Company Strategy and Development Direction - The company aims to commercialize new products that will facilitate near-term opportunities and position for long-term growth within the oil and gas industry [14] - Focus on maintaining cost discipline to support gross margins and manage capital expenditures and SG&A [23] - The company is pursuing accretive growth in international markets, which are expected to continue to grow as a percentage of total revenue [33] Management's Comments on Operating Environment and Future Outlook - The management highlighted the challenges faced in 2020 due to the pandemic but noted that the team successfully navigated these challenges [11] - The company is focused on delivering value through its product offerings and expects to generate free cash flow in 2021 [15] - Management expressed confidence in returning to sequential growth in the second quarter of 2021 after addressing issues with new product designs [40] Other Important Information - The company ended 2020 with a stronger balance sheet, increasing cash balance by over $4 million while reducing debt by over $7 million [12] - A significant highlight was the settlement related to historical litigation with Diamondback, resulting in over $23 million in cash and ownership of a patent [13] Q&A Session Summary Question: Insights on Q1 guidance and factors affecting revenue - Management indicated that the expected revenue decline in Q1 is primarily due to Repeat Precision and disruptions from winter storms [37] Question: Impact of simul-fracs and coiled tubing pricing - Management noted that simul-fracs positively impact the tracer product line and that coiled tubing pricing is at historic lows, providing a tailwind for the business [41][43] Question: Drivers of raw material price increases - Management stated that while they have not yet seen material price increases affect them due to bulk purchasing, they expect to see impacts in the latter half of the year [47] Question: Customer willingness to adopt new products - Management observed that customers are generally willing to try new technologies if they see a clear value proposition, although recent product issues have required a pivot back to previous designs [48] Question: Margins outlook and M&A discussions - Management provided guidance for Q1 margins and indicated that discussions around industry consolidation are ongoing as companies look to strengthen their positions [50][51]

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Q3 2020 Earnings Conference Call November 5, 2020 8:30 AM ET Company Participants Ryan Hummer - Chief Financial Officer Robert Nipper - Chief Executive Officer Conference Call Participants George O'Leary - TPH & Company Kurt Hallead - RBC Operator Ladies and gentlemen thank you for standing by and welcome to the NCS Multistage Earnings Conference Call. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions] I wo ...

Investor Update November 2020 Disclaimer Leave nothing behind. 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, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objective ...

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 For the quarterly period ended September 30, 2020 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission file number: 001-38071 NCS Multistage Holdings, Inc. (Exact name of registrant as specified in its charter) ...

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 For the quarterly period ended June 30, 2020 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission file number: 001-38071 NCS Multistage Holdings, Inc. (Exact name of registrant as specified in its charter) | Del ...

Financial Data and Key Metrics Changes - The second quarter revenues were $8.7 million, which is 78% lower than the prior year’s second quarter and 84% lower than the first quarter [24][10] - Gross profit was $2.3 million, representing 27% of revenue, compared to $16.7 million or 42% of revenue in the prior year’s second quarter [25] - Selling, general and administrative (SG&A) costs were $15.5 million, down $7.4 million or 32% from the prior year’s second quarter [27] - Adjusted EBITDA for the second quarter was negative $7.9 million, compared to negative $1 million in the prior year [29] - Free cash flow for the quarter was over $16 million, with a total of over $19 million for the first six months of the year [21][30] Business Line Data and Key Metrics Changes - U.S. operations saw a revenue decline of 78% and Canadian operations experienced a decline of 95% in the second quarter compared to the first quarter [10] - The company noted a rebound in completion activity in the U.S. for the frac plug product line and tracer diagnostic services in the third quarter [12] - International revenue represented 30% of total revenue, despite shutdowns and travel restrictions impacting business [15] Market Data and Key Metrics Changes - Rig counts in the U.S. and Canada reached multi-decade lows during the second quarter, with U.S. completions activity falling more swiftly than rig counts [10] - Canadian rig count fell to a low of only 12 rigs in late June, with a muted rebound to 47 active rigs as of the last Friday [14] - The company expects third quarter total revenue to increase by at least 75% compared to the second quarter, driven by increased completions activity [34] Company Strategy and Development Direction - The company has taken decisive actions to lower its cost structure, including a workforce reduction of over 45% in the U.S. and Canada [17] - The company aims to increase the share of revenue generated from outside North America and has made progress in qualifying products and services in the Middle East [16] - The company is focused on maintaining liquidity and has amended its revolving credit facility to enhance financial flexibility [20][32] Management's Comments on Operating Environment and Future Outlook - Management indicated that the second quarter represented the trough in industry activity, with expectations for recovery in the third quarter [22] - The company is positioned to weather the current industry downturn and benefit from a rebound in activity [39] - Management expressed confidence in the ability to generate free cash flow for the full year 2020, despite anticipated working capital headwinds [21][56] Other Important Information - The company expects to reduce reported SG&A expenses in 2020 by over $25 million compared to 2019 [19] - The expected growth capital expenditures for the full year 2020 have been revised to $2 million to $3 million, significantly lower than previous guidance [37] Q&A Session Summary Question: Can you walk through some of the primary structural cost reductions? - Management discussed various moves to lower manufacturing costs and maintain control over assembly operations, indicating that these cost reductions are expected to remain in place for the next 12 to 18 months [47][49] Question: What is driving the sequential revenue increase despite lower average rig counts? - Management explained that the increase in revenue is due to a favorable customer mix and increased activity from customers with higher market shares, particularly in the U.S. and Canada [67] Question: What is the liquidity covenant on the new revolver? - The liquidity covenant requires maintaining $7.5 million of liquidity, defined as cash on hand and controlled accounts related to the facility [70] Question: Is the reduced CapEx budget sustainable? - Management confirmed that the reduced CapEx budget is sustainable, primarily focused on necessary machinery for new product lines [78] Question: What is the company's stance on potential consolidation in the industry? - Management acknowledged that there are too many service companies and indicated openness to consolidation opportunities that make sense, while emphasizing the importance of maintaining a strong balance sheet [81]

NCS Multistage Holdings, Inc. (NASDAQ:NCSM) Q1 2020 Results Earnings Conference Call May 7, 2020 8:30 AM ET Company Participants Ryan Hummer - Chief Financial Officer Robert Nipper - Chief Executive Officer Conference Call Participants Ian MacPherson - Simmons Taylor Zurcher - Tudor Pickering Holt JB Lowe - Citi Operator Ladies and gentlemen, thank you for standing by. And welcome to the Q1 2020 NCS Multistage Earnings Conference Call. At this time, all participant lines are in a listen-only mode. As a remi ...

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 For the quarterly period ended March 31, 2020 OR ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission file number: 001-38071 NCS Multistage Holdings, Inc. (Exact name of registrant as specified in its charter) | La ...

Investor Update May 2020 Disclaimer Leave nothing behind. 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, future operations, financial position, estimated revenues and losses, projected costs, prospects, plans and objectives of ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☑ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ______ to ______ Commission file number: 001-38071 NCS Multistage Holdings, Inc. (Exact name of registrant as specified in its charter) | Delawar ...