Koil Energy Solutions (KLNG) investor relations material

Company overview and market position

• Operates as a leader in offshore subsea technology, providing mission-critical products and services for oil and gas production from subsea wells.

• Has a 29-year history with a strong reputation for speed and tailored engineering solutions, supported by high client retention.

• Offers about 20 product lines and 10 services, focusing on connecting subsea components and ensuring operational reliability.

• Emphasizes intensive on-site collaboration to deliver fast, customized solutions.

Strategic direction and growth initiatives

• Expanded from a regional focus in the Gulf of Mexico to international markets, establishing a physical presence in Brazil.

• Strategy includes targeting new clients globally, expanding rental and systems offerings, and delivering integrated solutions.

• Plans to grow in Brazil, West Africa, the North Sea, and Southeast Asia, leveraging existing technology and adding service capacity.

• M&A is considered for adjacent product lines, especially in electrical products, but organic growth remains a priority.

Financial performance and investments

• Achieved record quarterly revenue of $8.2 million, with strong year-over-year product growth and improved EBITDA.

• Investments in Brazil, IT systems, and intellectual property have impacted short-term EBITDA but are expected to support future scaling.

• New customers accounted for 25% of Q1 2026 sales, up from 10% in 2025.

• Secured a $5 million asset-based financing facility, enabling equipment purchases and larger contract pursuits.

• Market capitalization is about $35 million, with trailing twelve-month revenues of $27 million.