Northwire Canada EditionFriday, October 16, 2026
Sign inSubscribe
Northwire
⌕
GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8% GOLD 4170.10 +1.5% SILVER 57.16 +2.3% COPPER 6.56 −1.5% OIL 97.97 +3.0% PALLADIUM 1136.00 +3.6% LUN 32.91 +0.6% DLP 0.290 −3.3% VCV 0.065 −13.3% GG 2.89 +1.4% NBLC 0.015 +0.0% SF 0.300 −4.8% ATY 0.215 +2.4% GHL 0.060 −7.7% STND 0.060 −7.7% B 0.550 −3.5% HBM 34.33 −0.5% NTR 98.77 −0.7% SGZ 0.035 +0.0% MKA 0.670 +0.0% LXM 0.175 −18.6% CLCH 1.08 −1.8%
Other

Pulse Seismic Inc. Reports Q3 2025 Financial Results and Declares Regular Quarterly Dividends

By The Northwire Desk — AI Analysis Oct 27, 2025 · 19:53 PSD · 3.43 PULSE SEISMIC INC.
PSD · Price

Executive Summary

  • Pulse Seismic reported a strong first nine months of 2025, with revenue rising 85% year‑over‑year to $44.5 M and EBITDA increasing to $36.0 M.
  • Net earnings for the nine‑month period surged to $21.4 M (up from $2.6 M in 2024), while shareholder free cash flow rose to $27.7 M.
  • The Board declared a regular quarterly dividend of $0.0175 per share and a special dividend of $0.20 per share, totaling approximately $11.0 M for Q3 and $22.9 M for the nine‑month period.

Key Details

  • Dividends
  • Regular quarterly dividend: $0.0175 per common share (≈ $888 k total).
  • Special dividend: $0.20 per common share (total Q3 special dividend ≈ $10.1 M).

  • Total dividends declared for nine months: $22.9 M.

  • Revenue

  • Three‑month revenue (Q3 2025): $3.4 M vs. $2.7 M in Q3 2024.

  • Nine‑month revenue (ended Sep 30 2025): $44.5 M vs. $17.8 M in same period 2024 (+85%).

  • EBITDA

  • Q3 2025: $0.744 M ($0.01 per share) vs. $1.064 M in Q3 2024.

  • Nine‑month EBITDA: $36.0 M ($0.71 per share) vs. $11.7 M in 2024.

  • Net Earnings / Loss

  • Q3 2025 net loss: $1.5 M ($0.03 per share), similar to Q3 2024.

  • Nine‑month net earnings: $21.4 M ($0.42 per share) vs. $2.6 M in 2024.

  • Shareholder Free Cash Flow

  • Q3 2025: $0.571 M ($0.01 per share).

  • Nine‑month free cash flow: $27.7 M ($0.55 per share) vs. $10.0 M in 2024.

  • Cash Position

  • Cash balance as of Sep 30 2025: $16.1 M.

  • Revolving demand credit facility availability: $5.0 M.

  • Normal Course Issuer Bid (NCIB)

  • Shares purchased/cancelled (nine months): 80,600 at avg. $2.43/share; total cost ≈ $197 k.

  • Seismic Library Size

  • 2D data: 829,207 km.

  • 3D data: 65,310 km².

  • Outlook Highlights

  • Strong first nine months with robust cash generation and dividend returns.
  • Revenue visibility remains low; future performance tied to Western Canadian land sales, drilling activity, commodity prices, and M&A dynamics.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from PULSE SEISMIC INC.

Apr 28, 2026 · 18:07

Pulse Seismic Q1 Revenue Plunges 92% Despite Dividend Hike; Cash Pile Remains Robust

Earnings Feb 24, 2026 · 19:05

Pulse Seismic Inc. Reports 2025 Financial Results and Declares Regular and Special Dividends

Earnings