Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“pulse”) 欣然报告其截至 2024 年 12 月 31 日的财务和经营业绩。经审计的综合财务报表、附注和 MD&A 正在 SEDAR+ (www.sedarplus.ca) 上备案，并将在 Pulse 的网站 www.pulseseismic.com 上提供。Pulse

董事会今天批准了每股 0.015 美元的季度股息，并宣布每股 0.20 美元的特别股息。根据 Pulse 截至 2025 年 2 月 13 日的 50,837,863 股普通股，股息总额约为 1090 万美元，将于 2025 年 3 月 13 日支付给 2025 年 2 月 28 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。

我们对公司 2024 年的财务表现以及我们在 2025 年迄今取得的成就感到非常满意。我们仍专注于向股东返还资本，考虑到我们业务固有的年度波动，我们认为这是合适的。 “到 2025 年为止，我们已获得 1750 万美元的销售额，今天董事会宣布除了常规季度股息外，还派发每股 0.20 美元的特别股息，”Pulse 总裁兼首席执行官尼尔·科尔曼 (Neal Coleman) 表示。“2024 年，76% 的自由现金流被分配给股息和股票回购，回顾 2021 年第四季度，在偿还了大部分 2019 年收购债务后，我们恢复了股息和股票回购，并宣布每股 0.83 美元的股息，并将我们的股票数量减少了 300 万股，”科尔曼总结道。

截至 2024 年 12 月 31 日的年度要点
- 2024 年向股东返还的资本（包括当年宣布的所有股息和根据正常发行人要约 (NCIB) 购买的股票）总计 950 万美元，占当年产生的股东自由现金流的 76%；
- 2024 年宣布的股息为每股 0.10875 美元。宣布和支付的常规股息总计为每股 0.05875 美元。年度化常规股息为每股 0.055 美元，在第二季度增加了 9%，达到每股 0.06 美元。2024 年第三季度支付了每股 0.05 美元的特别股息；
- 本年度根据正常发行人要约 (NCIB) 以每股 2.17 美元的平均价格购买了 1,784,000 股，总成本约为 390 万美元；
- 股东自由现金流(a) 为 1,240 万美元（基本和稀释后每股 0.24 美元），而截至 2023 年 12 月 31 日止年度为 2,480 万美元（基本和稀释后每股 0.47 美元）；
- EBITDA(a) 为 1,550 万美元（基本和稀释后每股 0.30 美元），而截至 2023 年 12 月 31 日止年度为 3,040 万美元（基本和稀释后每股 0.57 美元）；
- 净收益为 340 万美元（基本和稀释后每股 0.07 美元），而 2023 年的净收益为 1,500 万美元（基本和稀释后每股 0.28 美元）；
- 总收入为 2,340 万美元，而截至 2023 年 12 月 31 日的年度为 3,910 万美元；
- 截至 2024 年 12 月 31 日，公司拥有 870 万美元的现金余额以及 500 万美元的信贷额度可用流动资金。截至

2024 年 12 月 31 日的三个月的要点
- 第四季度支付了每股 0.015 美元的定期季度股息；
- 第四季度根据 NCIB 共购买了 97,700 股，平均价格为每股 2.32 美元，总成本约为 226,000 美元；
- 股东自由现金流为 240 万美元（基本和稀释后每股 0.05 美元），而 2023 年第四季度为 1090 万美元（基本和稀释后每股 0.21 美元）；
- EBITDA 为 380 万美元（基本和稀释后每股 0.07 美元），而 2023 年第四季度为 1,360 万美元（基本和稀释后每股 0.26 美元）；
- 净收益为 77.4 万美元（基本和稀释后每股 0.02 美元），而 2023 年第四季度净收益为 830 万美元（基本和稀释后每股 0.16 美元）；以及
- 总收入为 560 万美元，而截至 2023 年 12 月 31 日的三个月的总收入为 1,690 万美元。

Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) (“Pulse”) is pleased to report its financial and operating results for the year ended December 31, 2024. The audited consolidated financial statements, accompanying notes and MD&A are being filed on SEDAR+ (www.sedarplus.ca) and will be available on Pulse’s website at www.pulseseismic.com.

Pulse’s Board of Directors today approved a quarterly dividend of $0.015 per share and additionally declared a special dividend of $0.20 per share. The total of the dividends will be approximately $10.9 million based on Pulse’s 50,837,863 common shares outstanding as of February 13, 2025, to be paid on March 13, 2025, to shareholders of record on February 28, 2025. 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.

“We are very pleased with the Company’s 2024 financial performance, and what we have accomplished so far in 2025. We remain focused on returning capital to shareholders, as deemed appropriate given the annual fluctuations inherent in our business. So far in 2025 we have secured $17.5 million in sales and today the Board of Directors declared a special dividend of $0.20 per share, in addition to the regular quarterly dividend,” stated Neal Coleman, Pulse’s President and CEO. “In 2024, 76% of free cashflow was allocated to dividends and share buybacks, and looking back to Q4 2021, after repayment of the majority of the 2019 acquisition debt, we resumed dividends and share buybacks and have declared $0.83 per share in dividends and decreased our share count by three million,” Coleman concluded.

HIGHLIGHTS FOR THE YEAR ENDED DECEMBER 31, 2024
- The return of capital to shareholders in 2024 including all dividends declared in the year and shares purchased under the Normal Course Issuer Bid (NCIB), totalled $9.5 million, and was 76% of shareholder free cashflow generated for the year;
- Dividends of $0.10875 per share were declared in 2024. Regular dividends declared and paid totalled $0.05875 per share. The annualized regular dividend of $0.055 per share was increased by 9% to $0.06 per share in the second quarter of the year. A special dividend of $0.05 per share was paid in the third quarter of 2024;
- 1,784,000 shares were purchased during the year under the Normal Course Issuer Bid (NCIB) at an average price of $2.17 per share, for total cost of approximately $3.9 million;
- Shareholder free cash flow(a) was $12.4 million ($0.24 per share basic and diluted) compared to $24.8 million ($0.47 per share basic and diluted) for the year ended December 31, 2023;
- EBITDA(a) was $15.5 million ($0.30 per share basic and diluted) compared to $30.4 million ($0.57 per share basic and diluted) for the year ended December 31, 2023;
- Net earnings were $3.4 million ($0.07 per share basic and diluted) compared to net earnings of $15.0 million ($0.28 per share basic and diluted) for 2023;
- Total revenue was $23.4 million compared to $39.1 million for the year ended December 31, 2023; and
- At December 31, 2024, the Company had a cash balance of $8.7 million as well as $5.0 million of available liquidity on its credit facility.

HIGHLIGHTS FOR THE THREE MONTHS ENDED DECEMBER 31, 2024
- The regular quarterly dividend of $0.015 per share was paid in the fourth quarter;
- A total of 97,700 shares were purchased under the NCIB in the fourth quarter, at an average price of $2.32 per share and total cost of approximately $226,000;
- Shareholder free cash flow was $2.4 million ($0.05 per share basic and diluted) compared to $10.9 million ($0.21 per share basic and diluted) in the fourth quarter of 2023;
- EBITDA was $3.8 million ($0.07 per share basic and diluted) compared to $13.6 million ($0.26 per share basic and diluted) in the fourth quarter of 2023;
- Net earnings were $774,000 ($0.02 per share basic and diluted) compared to net earnings of $8.3 million ($0.16 per share basic and diluted) in the fourth quarter of 2023; and
- Total revenue was $5.6 million compared to $16.9 million for the three months ended December 31, 2023.