2. WHO WE ARE
Profire Energy, Inc. is a leading provider of burner management
systems, servicing oil and gas producers around the world. The
Company manufacturers, installs, and services oilfield combustion
management systems and related burner products which aid oil and
natural gas producers in safe and efficient development and
transportation of carbon-based fuels.
In the forefront of the industry’s research and development for a
decade, Profire’s lead products, the Profire 2100 and the Profire
1100, provide reliable management and ignition of combustion
burners and associated vessels, such as
separators, dehyrdators, line heaters, and incinerators, that oil and
gas producers rely on to run reliable and proficient operations.
4. LIVES
The maintenance of oil and gas machinery poses a
serious safety hazard to the employees involved. A
recent oil rig explosion is but one example of the
damaging effects unsafe conditions may have on
workers, communities, and the environment.
Profire Energy’s technology significantly improves
worker safety by automating certain dangerous
procedures around oil and gas wells.
5. ENVIRONMENT
Both ecologists and government officials recently
published alarming reports that disclose the
destructive and devastating impact a recent oil
spill has had on the environment. In response to
the oil spill, the EPA has and is expected to
continue to enforce regulatory measures.
Profire equips oil and gas companies throughout
the world with its state of the art technology that
meets EPA standards. Such technology
immediately alerts operators of dangerous risings
in temperature and of other potentially unsafe
circumstances. Additionally, Profire optimizes
efficiency by decreasing waste heat and fuel
consumption.
6. MONEY
• Profire’s technology lowers operator’s costs by
eliminating man hours required to maintain the
flame on heaters.
• Profire also optimizes efficiency by decreasing
waste heat and fuel consumption.
• Profire minimizes downtime and outages in
burner management.
7. PROFIRE 2100
Profire 2100: The Profire 2100
Burner Management System is
the latest, cutting-edge model in
a proven line of burner
controllers.
The 2100 exceeds the industry
standard for burner control.
8. PROFIRE 1100
Profire 1100: Tried and tested, the
Profire 1100 Burner Management
System has proven itself.
It has become a worthy controller
of virtually ever natural-draft
burner in the industry.
9. FIELD SERVICE
With nearly three decades of
experience, our service
remains unmatched in the field.
Our consistent 24-hour service
coupled with anytime technical
support offers an impressive
combination for the
maintenance, commissioning,
and upkeep of any natural-draft
burner setup.
10. PROFIRE TODAY
Corporate Profile:
Ticker (Exchange): OCTBB: PFIE
Stock Price (12/14/2011): $0.72
Market Cap: $32.4 million
Shares Outstanding (03/31/2011): 45 million
Shareholder Equity: $7,067,064
52-Week Range: $0.25 - $1.35
Fiscal Year End: March 31
U.S. Corporate Headquarters: Lindon, UT
Canada Office: Spruce Grove, Alberta
11. PROFIRE TODAY
Profire Energy, Inc. (OTCBB: PFIE) is a profitable manufacturer,
installer, and servicer of oilfield combustion management systems
and related burner products to oil and gas companies. Owing to a
growing portfolio of clients ranging from Exxon-Mobile to “mom-and-
pop” firms, the company is consolidating market share in a rapidly
growing and fragmented industry.
The Company’s breakthrough products fill a critical void in the
marketplace. The oil industry is facing increasing pressure to improve
safety, meet environmental standards, and increase efficiency. From
California to Texas, many states are in the process of designing and
adopting measures that could put new pressures on the industry and
drive mass adoption of the firm’s technology.
The Company’s customers in Western Canada include Shell, Husky
Energy, ConocoPhillips, Devon Energy, Petro-Canada, Encana, and several
others. The system has also been installed in various parts of the
world, including the U.S., France, Italy, England, the Middle East,
Australia, China, and Brazil.
12. PROFIRE TODAY
Growth in the U.S. and Canada:
Last quarter, Profire Energy reported net income that rose
103% to $1,185,658, on revenues that increased 112% to
$4,522,251. The strong results were due to significant growth
in both its goods and services divisions. Several new
customers started purchasing systems this quarter as Profire
expanded its dedicated sales staff.
Profire Energy appears significantly undervalued with a price-
earnings ratio of just 10.3x its trailing 12-month earnings per
share. Looking ahead, this earnings multiple will only
decrease with triple-digit bottom-line growth rates that hit
$0.03 per share this past quarter.
13. PROFIRE TODAY
2012 Revenue Growth Potential
• Expanded U.S.-based
operations
• Higher projected oil prices
• Increased production in oil &
gas
• Increased regulatory pressure
Q4 2010 – Q3 2011 Revenue and Net Income
14. WHY INVEST IN PROFIRE?
Profire is a profitable and relatively undiscovered
investment opportunity in the oil and gas technology
industry with blue sky potential. Investors who wish to
capitalize on higher energy prices, yet avoid the risks
associated with E&P or non-profitable OTC companies
ought to seriously consider Profire a singular investment
opportunity.
15. WHY INVEST IN PROFIRE?
• Undervalued: Profire Energy is a rare profitable OTC
company that trades with a price-earnings multiple of
merely 16x despite posting triple-digit year-over-year
revenue growth. Meanwhile, the company’s peers
regularly trade at a 30x P/E, suggesting it may be
undervalued.
• Exposure to Energy Sector: Profire operates in the rapidly-
expanding oil and gas industry, which is expected to see
higher demand and prices for the foreseeable future. As
emerging markets continue to develop, demand could
grow exponentially large.
16. WHY INVEST IN PROFIRE?
• Near-Term Growth Catalysts: With several blue chip clients
in Canada, Profire has recently entered into a promising
and nearly untapped U.S. market. This new market
provides a key catalyst that could drive top and bottom
line growth over the coming quarters.
• EPA: Profire Energy is benefiting from the increasing
costs of environmental violations. The EPA is looking to
amend and expand the 1990 Oil Pollution Act (OPA).
When more stringent law and regulation is enacted, oil
and gas companies may be required to update
equipment and technology in order to meet EPA
standards. Profire’s technology exceeds the
expectations for current and potential regulatory
measures. As a result, Profire could decrease costs in
fines for clients while substantially increasing Profire’s
revenue.
17. WHY INVEST IN PROFIRE?
• Worker Safety: Immediately following the BP oil rig
explosion, public sentiment has forced oil and gas
companies to respond to worker safety concerns.
Because Profire Energy’s technology improves worker
safety by automating dangerous procedure around oil
and gas wells, such companies have a vested interest in
Profire products.
• Blue Sky Potential Ahead: The oil industry is experiencing
mounting pressure from governments, workers, and
shareholders. Profire Energy’s technology is uniquely
positioned to address all of these issues with a simple
and fully-integrated product in an otherwise fragmented
market.