Pulse Seismic Cash Flow Statement

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

Millions CAD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	23.12	3.39	15.01	-7.91	21.51
Depreciation & Amortization	8.99	9.18	9.18	10.08	10.62
Stock-Based Compensation	-	-	0.97	0.57	0.31
Other Adjustments	0.04	-1.15	0.44	-3.18	1.87
Changes in Other Operating Activities	3.06	2.78	-2.08	12.43	-4.52
Operating Cash Flow	35.2	14.2	23.52	11.99	29.8
Operating Cash Flow Growth	148.00%	-39.66%	96.16%	-59.76%	681.31%
Capital Expenditures	-0.06	-0.05	-0.03	-0.01	-0.01
Purchases of Intangible Assets	-	-0.23	-	-	-0.35
Investing Cash Flow	-0.06	-0.27	-0.03	-0.01	-0.36
Long-Term Debt Repaid	-	-	-	-2.38	-25.6
Net Long-Term Debt Issued (Repaid)	-	-	-	-2.38	-25.6
Repurchase of Common Stock	-0.31	-3.88	-1.94	-0.62	-0.18
Net Common Stock Issued (Repurchased)	-0.31	-3.88	-1.94	-0.62	-0.18
Common Dividends Paid	-23.74	-16.09	-10.85	-2.69	-2.82
Other Financing Activities	-0.07	-1.18	-0.57	-0.48	-0.83
Financing Cash Flow	-24.12	-21.15	-13.37	-6.16	-29.44
Net Cash Flow	11.02	-7.23	10.13	5.82	-
Free Cash Flow	35.15	14.15	23.5	11.98	29.79
Free Cash Flow Growth	148.38%	-39.78%	96.13%	-59.79%	682.53%
FCF Margin	68.79%	60.52%	60.05%	125.18%	60.61%
Free Cash Flow Per Share	0.69	0.28	0.44	0.22	0.55
Levered Free Cash Flow	35.11	15.3	22.09	12.21	2.01
Unlevered Free Cash Flow	34.77	15.08	21.82	14.68	28.91

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.