Pulse Seismic Inc. reports financial and operating results for the three and nine months ended September 30, 2025. A regular quarterly dividend of $0.0175 per common share was declared, totaling approximately $888,000. Total revenue for the nine months was $44.5 million, reflecting an 85% increase over the last three years average annual revenue.
In the third quarter of 2025, Pulse renewed its Normal Course Issuer Bid and purchased 80,600 shares. Total revenue for the quarter was $3.4 million, an increase compared to the same period in 2024. EBITDA for the quarter was $744,000, a decrease from 2024. The Company had a cash balance of $16.1 million at the end of September 2025.
Pulse’s outlook for the future is influenced by factors impacting annual revenue, such as land sales, drilling forecasts, commodity prices, M&A activity, and industry infrastructure improvements. Land sales in Alberta and British Columbia, drilling forecasts, and the commodity price environment are key factors that may affect the Company’s performance.
M&A activity in early 2025 has provided opportunities for producers to consolidate assets and lower costs, while new infrastructure like the TMX pipeline expansion and LNG Canada’s facility may boost drilling activity. Uncertainty around energy tariffs and trade policy may impact energy investments in Canada.
Pulse remains focused on maintaining a strong balance sheet and returning capital to shareholders through dividends. The Company’s low-cost structure, experienced management team, and excellent client relations position it well for the future. Pulse is a market leader in seismic data acquisition and licensing in western Canada, with the largest licensable seismic data library in Canada.
Forward-looking information provided by Pulse outlines the Company’s outlook for the year ahead, including operating costs, expected revenues, and various industry factors that may impact performance. Risks associated with seismic data sales, oil and gas prices, industry regulations, competition, and environmental factors are highlighted as potential challenges.
Investors are advised to consider the risks and uncertainties associated with forward-looking information provided by Pulse. The Company does not guarantee the accuracy of these statements, as various external factors could impact actual results. Pulse’s financial results, balance sheet, and growth strategy are essential factors for investors to consider when evaluating the Company.
Read more at GlobeNewswire: Pulse Seismic Inc. Reports Q3 2025 Financial Results and