Pulse Seismic announced a significant $13.5 million seismic data license sale, contributing to Q2 2025 revenue of approximately $17.2 million. Year-to-date licensing revenue reached $40.0 million, marking a 66% increase compared to the three-year average. The company increased its quarterly dividend by 17% in Q1 2025, bringing the annualized dividend to $0.07 per share, with total dividends paid in 2025 reaching $11.8 million. Pulse owns Canada's largest licensable seismic data library, covering approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic data throughout Western Canada's energy sector.
Pulse Seismic ha annunciato una vendita significativa di licenze per dati sismici del valore di 13,5 milioni di dollari, contribuendo a un fatturato di circa 17,2 milioni di dollari nel secondo trimestre del 2025. I ricavi da licenze da inizio anno hanno raggiunto i 40,0 milioni di dollari, segnando un aumento del 66% rispetto alla media degli ultimi tre anni. Nel primo trimestre del 2025, la societ脿 ha aumentato il dividendo trimestrale del 17%, portando il dividendo annualizzato a 0,07 dollari per azione, con dividendi totali pagati nel 2025 pari a 11,8 milioni di dollari. Pulse possiede la pi霉 grande libreria di dati sismici licenziabili del Canada, che copre circa 65.310 chilometri quadrati di dati sismici 3D e 829.207 chilometri di dati sismici 2D nell'intero settore energetico dell'ovest del Canada.
Pulse Seismic anunci贸 una venta significativa de licencias de datos s铆smicos por 13,5 millones de d贸lares, contribuyendo a unos ingresos de aproximadamente 17,2 millones de d贸lares en el segundo trimestre de 2025. Los ingresos por licencias acumulados en el a帽o alcanzaron los 40,0 millones de d贸lares, lo que representa un aumento del 66% en comparaci贸n con el promedio de los 煤ltimos tres a帽os. En el primer trimestre de 2025, la empresa aument贸 su dividendo trimestral en un 17%, elevando el dividendo anualizado a 0,07 d贸lares por acci贸n, con un total de dividendos pagados en 2025 de 11,8 millones de d贸lares. Pulse posee la mayor biblioteca licenciable de datos s铆smicos de Canad谩, que cubre aproximadamente 65.310 kil贸metros cuadrados de datos s铆smicos 3D y 829.207 kil贸metros de datos s铆smicos 2D en todo el sector energ茅tico del oeste de Canad谩.
Pulse Seismic a annonc茅 une vente importante de licences de donn茅es sismiques d'une valeur de 13,5 millions de dollars, contribuant 脿 un chiffre d'affaires d'environ 17,2 millions de dollars au deuxi猫me trimestre 2025. Les revenus de licences depuis le d茅but de l'ann茅e ont atteint 40,0 millions de dollars, soit une augmentation de 66 % par rapport 脿 la moyenne des trois derni猫res ann茅es. Au premier trimestre 2025, la soci茅t茅 a augment茅 son dividende trimestriel de 17 %, portant le dividende annualis茅 脿 0,07 dollar par action, avec un total de dividendes vers茅s en 2025 atteignant 11,8 millions de dollars. Pulse poss猫de la plus grande biblioth猫que de donn茅es sismiques licenciables du Canada, couvrant environ 65 310 kilom猫tres carr茅s de donn茅es sismiques 3D et 829 207 kilom猫tres de donn茅es sismiques 2D dans l'ensemble du secteur 茅nerg茅tique de l'Ouest canadien.
Pulse Seismic gab einen bedeutenden Verkauf von seismischen Datenlizenzen im Wert von 13,5 Millionen US-Dollar bekannt, was zu einem Umsatz von etwa 17,2 Millionen US-Dollar im zweiten Quartal 2025 beitrug. Die Lizenzierungserl枚se seit Jahresbeginn erreichten 40,0 Millionen US-Dollar, was einer Steigerung von 66 % gegen眉ber dem Dreijahresdurchschnitt entspricht. Das Unternehmen erh枚hte im ersten Quartal 2025 seine Quartalsdividende um 17 % und brachte die annualisierte Dividende auf 0,07 US-Dollar pro Aktie, wobei die insgesamt im Jahr 2025 ausgesch眉tteten Dividenden 11,8 Millionen US-Dollar betrugen. Pulse besitzt die gr枚脽te lizenzierbare seismische Datenbibliothek Kanadas, die etwa 65.310 Quadratkilometer 3D-seismische Daten und 829.207 Kilometer 2D-seismische Daten im Energiesektor Westkanadas abdeckt.
Positive
Secured significant $13.5 million seismic data license sale
Year-to-date revenue of $40 million represents 66% increase over 3-year average
17% increase in quarterly dividend, with $11.8 million paid to shareholders in 2025
Strong EBITDA margins and low-cost operating structure
Negative
Business model subject to significant quarterly and annual fluctuations in data sales
CALGARY, Alberta, June 12, 2025 (GLOBE NEWSWIRE) -- Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (鈥淧ulse鈥� or the 鈥淐ompany鈥�) is pleased to announce the sale of a significant seismic data license, valued at $13.5 million.
On a preliminary basis, second quarter revenue to date approximates $17.2 million, including the license announced today. This brings year-to-date total licensing revenue to $40.0 million, reflecting an increase of 66% compared to the last three years average annual revenue.
鈥淚 am pleased to announce this seismic data license sale,鈥� stated Neal Coleman, Pulse鈥檚 President and CEO. 鈥淭he sale delivers a strong contribution to the Company鈥檚 financial performance, particularly in terms of EBITDA and shareholder free cash flow. Our favourable financial outlook is underpinned by the Company鈥檚 low-cost operating structure and strong EBITDA margin generation,鈥� he added. 鈥淭he Company鈥檚 year-to-date performance reflects the continued execution of our strategic vision and highlights the strength of our business model which continues to position us for sustained value creation for our stakeholders,鈥� concluded Coleman.
The Company鈥檚 regular quarterly dividend was increased by 17% in the first quarter of 2025. This increase brings the annualized dividend to $0.07 per share, representing an estimated annual distribution to shareholders of approximately $3.6 million, based on the 50,755,057 common shares currently outstanding. Year-to-date, the Company has declared and paid total dividends of $0.2325 per share, including two regular quarterly dividends and a special dividend of $0.20 per share. The total return of capital to shareholders through dividends paid to date in 2025 is $11.8 million.
These figures are preliminary and have not yet been audited or reviewed by our auditors. The Company will release its second quarter 2025 financial results on July 22, 2025, after markets close.
Pulse鈥檚 data library provides extensive seismic coverage critical for today鈥檚 data focused exploration and development companies throughout Western Canada. Significant quarterly and annual fluctuations in data sales are intrinsic to the seismic data library business. The Company remains focused on maintaining a strong balance sheet, a low-cost structure and providing excellent customer care.
CORPORATE PROFILE
Pulse is a market leader in the acquisition, marketing and licensing of 2D and 3D seismic data to the western Canadian energy sector. Pulse owns the largest licensable seismic data library in Canada, currently consisting of approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic. The library extensively covers the Western Canada Sedimentary Basin where most of Canada鈥檚 oil and natural gas exploration and development occur.
For further information, please contact:
Neal Coleman, President and CEO Or Pamela Wicks, VP Finance and CFO
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