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Pulse Seismic Inc. reports developments tied to its business of acquiring, marketing and licensing 2D and 3D seismic data for the western Canadian energy sector. The company’s licensable data library covers the Western Canada Sedimentary Basin, where Canadian oil and natural gas exploration and development activity is concentrated.
Recurring news includes quarterly and annual financial results, seismic data license sales, EBITDA and free-cash-flow commentary, and capital returns through regular or special dividends. Pulse also reports normal course issuer bids, share cancellations, annual meeting voting results, director elections and advisory votes on executive compensation.
Pulse Seismic (OTCQX:PLSDF, TSX:PSD) announced a CEO transition effective August 6, 2026, appointing Pamela Wicks, currently Vice President, Finance and Chief Financial Officer, as President and Chief Executive Officer. The Board cites her long tenure, seismic data industry experience and leadership track record as key factors.
Wicks, with 28 years in the seismic data library business and at Pulse since 2002, will lead overall corporate strategy, business development and stakeholder engagement, while temporarily continuing to oversee finance as the Board searches for a new CFO. Neal Coleman has stepped down as President and CEO. Pulse highlights its seismic data library of about 65,310 square kilometres of 3D and 829,207 kilometres of 2D data serving the western Canadian energy sector.
Pulse Seismic (TSX:PSD, OTCQX:PLSDF) reported Q2 2026 revenue of $3.6 million versus $18.3 million in Q2 2025, and $5.5 million for the first half versus $41.1 million a year earlier. Q2 2026 EBITDA(a) was $2.0 million and net earnings were $1.6 million ($0.03 per share), while first-half EBITDA(a) was $0.5 million and net earnings $0.2 million. Trailing 12‑month EBITDA(b) declined to $6.1 million from $40.1 million. Q2 shareholder free cash flow(a) was $2.5 million, with $1.1 million for the first half. The Board raised the regular quarterly dividend by 7% to $0.01875 per share, implying an annual rate of $0.075, and declared a Q3 payment of about $951,000, payable August 25, 2026. At June 30, 2026, Pulse held $8.4 million in cash, working capital of $10.6 million, no debt and access to a $5.0 million credit facility, and highlighted industry activity, balance sheet strength and its large seismic data library as key supports for ongoing capital returns.
Pulse Seismic Inc. (OTCQX:PLSDF) announced results from its April 29, 2026 annual meeting in Calgary. All nominated directors were elected by ballot, each receiving between 99.79% and 99.97% support. The shareholder advisory “Say on Pay” vote was approved with 99.86% of votes cast.
Pulse reports it owns approximately 65,310 km2 of 3D seismic and 829,207 km of 2D seismic data covering the Western Canada Sedimentary Basin. Meeting voting results will be posted on SEDAR+ and the company website.
Pulse Seismic (OTCQX:PLSDF) reported Q1 2026 results and raised its regular quarterly dividend 7% to $0.01875 per share (annualized $0.075). Total dividend payout is ~$951,000, payable May 26, 2026 to holders of record May 12, 2026.
Q1 revenue was $1.9M versus $22.8M a year earlier; net loss was $1.4M and EBITDA was ‑$1.5M. Cash was $13.1M with $5.0M available on the credit facility; trailing‑12‑month EBITDA was $19.3M. NCIB renewed; no repurchases in Q1.
Pulse Seismic (OTCQX:PLSDF) received TSX approval to renew its normal course issuer bid (NCIB) to buy up to 2,758,077 common shares (10% of the public float of 27,580,778) from March 16, 2026 through March 15, 2027. As of March 5, 2026 Pulse had 50,714,857 shares outstanding.
The NCIB limits daily purchases to 10,241 shares (25% of six‑month ADTV of 40,964), allows block purchases per TSX rules, and all repurchased shares will be cancelled. Pulse also entered an automatic share purchase plan (ASPP) to permit broker purchases during blackout or regulatory restriction periods.
Pulse Seismic (OTCQX: PLSDF) reported strong 2025 results with $51.1 million revenue and $23.1 million net earnings. The Board declared a regular quarterly dividend of $0.0175 and a special dividend of $0.10 per share, totaling approximately $6.0 million payable March 26, 2026.
Key 2025 metrics: EBITDA $40.8M, shareholder free cash flow $31.6M, cash $19.7M, and $24M returned to shareholders including NCIB repurchases.
Pulse Seismic (OTCQX:PLSDF) reported Q3 2025 results and declared a regular quarterly dividend of $0.0175 per share, payable Nov 20, 2025 to shareholders of record Nov 13, 2025. Total dividend declared is ~$888,000 on 50,755,057 shares. Q3 revenue was $3.4M, up from $2.7M in Q3 2024; nine-month revenue was $44.5M vs $17.8M YTD 2024. Q3 net loss was $1.5M (basic/diluted $(0.03)), while nine-month net earnings were $21.4M (basic/diluted $0.42). Trailing cash: $16.1M and $5.0M available on revolver. Company paid regular and special dividends totalling $22.9M in first nine months and repurchased 80,600 shares under its NCIB.
Pulse Seismic Inc. (OTCQX:PLSDF) reported exceptional Q2 2025 financial results and declared both regular and special dividends. The company achieved total revenue of $41.1 million for H1 2025, a 172% increase from $15.1 million in H1 2024. Net earnings surged to $22.9 million ($0.45 per share) in H1 2025, up from $4.0 million in H1 2024.
The Board declared a regular quarterly dividend of $0.0175 per share (17% increase) and a special dividend of $0.20 per share, totaling approximately $11.0 million. The company maintains strong financials with $25.9 million in cash, an EBITDA margin of 86%, and generated $27.2 million in shareholder free cash flow during H1 2025.
[ "Revenue increased 172% year-over-year to $41.1 million in H1 2025", "Net earnings grew 471% to $22.9 million in H1 2025", "Strong EBITDA margin of 86%", "Declared special dividend of $0.20 per share and increased regular dividend by 17%", "Robust cash position of $25.9 million with additional $5.0 million credit facility available", "Generated $27.2 million in shareholder free cash flow in H1 2025" ]Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) held its annual shareholders' meeting in Calgary on April 23, 2025, where all six nominee directors were successfully elected with overwhelming approval rates exceeding 99%. The company also received strong shareholder support for its executive compensation approach, with 99.78% votes in favor.
Pulse Seismic maintains its position as Canada's largest licensable seismic data library owner, with approximately 65,310 square kilometres of 3D seismic and 829,207 kilometres of 2D seismic data. The library primarily covers the Western Canada Sedimentary Basin, a important region for Canadian oil and natural gas exploration and development.