Pulse Seismic Income Statement

Financials in millions CAD. Fiscal year is January - December.

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	50.07	23.38	39.13	9.35	48.72	11.01
Other Revenue	-	-	-	0.23	0.43	0.34
Revenue	50.07	23.38	39.13	9.57	49.15	11.35
Revenue Growth (YoY)	44.44%	-40.25%	308.85%	-80.53%	333.08%	-53.02%
Gross Profit	50.07	23.38	39.13	9.57	49.15	11.35
Selling, General & Admin	10.25	7.88	8.7	6.72	6.75	3.96
Amortization of Goodwill & Intangibles	8.94	9.09	9.1	9.82	10.01	11.35
Operating Expenses	19.28	17.06	17.88	16.8	17.37	15.98
Operating Income	30.79	6.32	21.25	-7.23	31.78	-4.63
Interest Expense	-0	-0.02	-0.06	-0.09	-1.77	-2.02
Interest & Investment Income	0.46	0.47	0.55	0.1	0.06	0.21
Other Non Operating Income (Expenses)	-0.01	-0.01	-0.11	-0.11	-0.12	-0.18
EBT Excluding Unusual Items	31.23	6.76	21.63	-7.32	29.95	-6.62
Merger & Restructuring Charges	-	-	-	-0.81	-0.09	-
Other Unusual Items	-	-	-	-	0.32	-
Pretax Income	31.23	6.76	21.63	-8.14	30.18	-6.62
Income Tax Expense	9.02	3.37	6.62	-0.23	8.67	0.17
Net Income	22.21	3.39	15.01	-7.91	21.51	-6.79
Net Income to Common	22.21	3.39	15.01	-7.91	21.51	-6.79
Net Income Growth	103.35%	-77.40%	-	-	-	-
Shares Outstanding (Basic)	51	51	53	54	54	54
Shares Outstanding (Diluted)	51	51	53	54	54	54
Shares Change (YoY)	-2.09%	-3.36%	-0.87%	-0.17%	-0.00%	-
EPS (Basic)	0.44	0.07	0.28	-0.15	0.40	-0.13
EPS (Diluted)	0.44	0.07	0.28	-0.15	0.40	-0.13
EPS Growth	107.70%	-76.62%	-	-	-	-
Free Cash Flow	32.76	14.15	23.5	11.98	29.79	3.81
Free Cash Flow Per Share	0.65	0.28	0.44	0.22	0.55	0.07
Dividend Per Share	0.065	0.059	0.054	0.050	0.013	-
Dividend Growth	13.04%	9.30%	7.50%	300.00%	-	-
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	61.49%	27.03%	54.31%	-75.52%	64.66%	-40.79%
Profit Margin	44.37%	14.50%	38.35%	-82.62%	43.77%	-59.79%
Free Cash Flow Margin	65.44%	60.52%	60.05%	125.18%	60.61%	33.55%
EBITDA	39.7	15.43	30.36	2.64	41.9	6.89
EBITDA Margin	79.29%	66.00%	77.60%	27.57%	85.25%	60.70%
D&A For EBITDA	8.91	9.11	9.12	9.87	10.12	11.52
EBIT	30.79	6.32	21.25	-7.23	31.78	-4.63
EBIT Margin	61.49%	27.03%	54.31%	-75.52%	64.66%	-40.79%
Effective Tax Rate	28.87%	49.84%	30.62%	-	28.72%	-
Revenue as Reported	-	-	-	9.57	49.15	11.35

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.