Pulse Seismic Inc. Announces $13.5 Million Seismic Data License Sale

CALGARY, Alberta, June 12, 2025 — Pulse Seismic Inc. (TSX: PSD) (OTCQX: PLSDF) (“Pulse” or the “Company”) has announced the sale of a significant seismic data license valued at $13.5 million. This transaction is part of the company’s ongoing efforts to expand its market presence in the energy sector by acquiring, marketing, and licensing seismic data.

On a preliminary basis, Pulse’s second quarter revenue to date is approximately $17.2 million, including the recently announced license sale. This brings the year-to-date total licensing revenue to $40.0 million. This figure represents a substantial increase of 66% compared to the company’s average annual revenue over the past three years.

Neal Coleman, President of Pulse, expressed satisfaction with the sale, highlighting the company’s strong performance and strategic growth in the seismic data licensing market. The revenue update underscores Pulse’s robust business model, characterized by strong EBITDA margins and a low-cost operating structure.

Despite the business model’s susceptibility to significant quarterly and annual fluctuations in data sales, Pulse has demonstrated resilience and growth. The company has also announced a 17% increase in its quarterly dividend, with $11.8 million paid to shareholders in 2025.

Pulse Seismic Inc., a pure-play seismic data licensing business operating in Canada and Montana, continues to focus on its core operations within the energy equipment and services sector. The company’s recent financial achievements reflect its commitment to delivering value to its shareholders and maintaining its position as a leader in the seismic data industry.

As of June 10, 2025, Pulse’s close price on the Toronto Stock Exchange was CAD 2.89, with a 52-week high of CAD 2.94 and a low of CAD 2.1 on December 8, 2024. The company’s market capitalization stands at CAD 140,085,621, with a price-to-earnings ratio of 10.2465.