Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF)（“pulse”或“公司”）欣然报告其截至 2024 年 9 月 30 日的三个月和九个月的财务和运营业绩。未经审计的简明合并中期财务报表、附注和 MD&A 正在 SEDAR (www.sedar.com) 上备案，并将在 Pulse 的网站 www.pulseseismic.com 上提供。

今天，Pulse 董事会批准了每股普通股 0.015 美元的定期季度股息。根据 Pulse 截至 2024 年 10 月 22 日的 50,904,663 股普通股，总股息约为 764,000 美元，并将于 2024 年 11 月 28 日支付给 2024 年 11 月 14 日登记在册的股东。该股息被指定为符合加拿大所得税规定的股息。对于非居民股东，Pulse 的股息需缴纳加拿大预扣税。Pulse 总裁兼首席执行官

Neal Coleman 表示：“虽然 Pulse 第三季度的销售额不如 2023 年强劲，但在我们的业务中，季度和年度业绩之间存在显着差异是很常见的，这就是我们专注于保持低成本和维持强劲资产负债表的原因。” “10 月份，我们又完成了 270 万美元的销售额，使年初至今的总收入达到 2050 万美元，”科尔曼继续说道。“我们一直产生正的季度自由现金流，并继续致力于为股东提供可观的资本回报。截至今天，Pulse 已宣布每股 0.10875 美元的股息，并在今年前三个季度根据 NCIB 回购了近 170 万股。截至 2024 年 9 月 30 日，返还给股东的总资本约占股东自由现金流的 92%，”他总结道。

截至 2024 年 9 月 30 日的三个月和九个月的要点

- 第三季度宣布并支付了每股 0.015 美元的常规季度股息和每股 0.05 美元的特别股息。九个月期间，常规季度股息总计为每股 0.04375 美元。2024 年前三个季度宣布并支付的常规和特别股息总计 480 万美元；

- 在截至 2024 年 9 月 30 日的九个月期间，Pulse 通过其正常发行人要约购买并注销了 2023 年 12 月 31 日已发行股份的 3.2%，总计 1,686,300 股普通股，总成本约为 370 万美元（平均成本为每股 2.17 美元，包括佣金）；

- 截至 2024 年 9 月 30 日，Pulse 没有债务，持有现金 750 万美元；

- 2024 年第三季度股东自由现金流（a）为 110 万美元（基本和稀释后每股 0.02 美元），而 2023 年同期为 280 万美元（基本和稀释后每股 0.05 美元）。截至 2024 年 9 月 30 日的九个月，股东自由现金流为 1000 万美元（基本和稀释后每股 0.19 美元），而截至 2023 年 9 月 30 日的九个月为 1390 万美元（基本和稀释后每股 0.26 美元）；

- 截至 2024 年 9 月 30 日的三个月，EBITDA(a) 为 110 万美元（基本和稀释后每股 0.02 美元），而截至 2023 年 9 月 30 日的三个月为 330 万美元（基本和稀释后每股 0.06 美元）。截至 2024 年 9 月 30 日的九个月，EBITDA 为 1170 万美元（基本和稀释后每股 0.23 美元），而截至 2023 年 9 月 30 日的九个月，EBITDA 为 1680 万美元（基本和稀释后每股 0.32 美元）；

- 截至 2024 年 9 月 30 日的三个月，净亏损为 140 万美元（基本和稀释后每股 0.03 美元），而截至 2023 年 9 月 30 日的三个月的净收益为 393,000 美元（基本和稀释后每股 0.01 美元）。截至 2024 年 9 月 30 日的九个月的净收益为 260 万美元（基本和稀释后每股 0.05 美元），而截至 2023 年 9 月 30 日的九个月的净收益为 670 万美元（基本和稀释后每股 0.13 美元）；并且

- 截至 2024 年 9 月 30 日的三个月的总收入为 270 万美元，而截至 2023 年 9 月 30 日的三个月的总收入为 510 万美元。截至 2024 年 9 月 30 日的九个月，总收入为 1,780 万美元，而截至 2023 年 9 月 30 日的九个月的总收入为 2,230 万美元。

Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse” or the “Company”) is pleased to report its financial and operating results for the three and nine months ended September 30, 2024. The unaudited condensed consolidated interim financial statements, accompanying notes and MD&A are being filed on SEDAR (www.sedar.com) and will be available on Pulse’s website at www.pulseseismic.com.

Today, Pulse’s Board of Directors approved a regular quarterly dividend of $0.015 per common share. The total dividend will be approximately $764,000 based on Pulse’s 50,904,663 common shares outstanding as of October 22, 2024, and will be paid on November 28, 2024, to shareholders of record on November 14, 2024. This dividend is designated as an eligible dividend for Canadian income tax purposes. For non-resident shareholders, Pulse’s dividends are subject to Canadian withholding tax.

“While Pulse’s third quarter sales were not as robust as in 2023, it is common in our business to have significant variances between quarterly and annual results, which is why we focus on keeping costs low and maintaining a strong balance sheet,” stated Neal Coleman, Pulse’s President and CEO. “Already in October, we have completed another $2.7 million in sales, bringing year to date total revenue to $20.5 million,” Coleman continued. “We have consistently generated positive quarterly free cashflow and remain committed to providing a significant return of capital to shareholders. Pulse has declared $0.10875 per share in dividends up to today and bought back nearly 1.7 million shares under the NCIB in the first three quarters of the year. Total capital returned to shareholders is approximately 92% of the shareholder free cashflow generated as of September 30, 2024,” he concluded.

HIGHLIGHTS FOR THE THREE AND NINE MONTHS ENDED SEPTEMBER 30, 2024

- A regular quarterly dividend of $0.015 per share and a special dividend of $0.05 per share were declared and paid in the third quarter. For the nine-month period, regular quarterly dividends totalled $0.04375 per share. Regular and special dividends declared and paid in the first three quarters of 2024 totalled $4.8 million;

- In the nine-month period ended September 30, 2024, Pulse purchased and cancelled, through its normal course issuer bid, 3.2% of the shares outstanding at December 31, 2023, for a total of 1,686,300 common shares at a total cost of approximately $3.7 million (at an average cost of $2.17 per common share including commissions);

- At September 30, 2024, Pulse was debt-free and held cash of $7.5 million;

- Shareholder free cash flow(a) was $1.1 million ($0.02 per share basic and diluted) for the third quarter of 2024 compared to $2.8 million ($0.05 per share basic and diluted) for the comparable period in 2023. Shareholder free cash flow was $10.0 million ($0.19 per share basic and diluted) for the nine months ended September 30, 2024, compared to $13.9 million ($0.26 per share basic and diluted) for the nine months ended September 30, 2023;

- EBITDA(a) was $1.1 million ($0.02 per share basic and diluted) for the three months ended September 30, 2024, compared to $3.3 million ($0.06 per share basic and diluted) for the three months ended September 30, 2023. EBITDA was $11.7 million ($0.23 per share basic and diluted) for the nine months ended September 30, 2024, compared to $16.8 million ($0.32 per share basic and diluted) for the nine months ended September 30, 2023;

- For the three months ended September 30, 2024, there was a net loss of $1.4 million ($0.03 per share basic and diluted) compared to net earnings of $393,000 ($0.01 per share basic and diluted) for the three months ended September 30, 2023. Net earnings for the nine months ended September 30, 2024, was $2.6 million ($0.05 per share basic and diluted) compared to net earnings of $6.7 million ($0.13 per share basic and diluted) for the nine months ended September 30, 2023; and

- Total revenue was $2.7 million for the three months ended September 30, 2024, compared to $5.1 million for the three months ended September 30, 2023. For the nine months ended September 30, 2024, total revenue was $17.8 million compared to $22.3 million for the nine months ended September 30, 2023.