Pulse Seismic (PSD) AI Stock Analysis

• Market Cap: C$207.08M
• Dividend Yield: 7.26%
• Average Volume (3M): 62.14K
• Price to Earnings (P/E): 9.5
• Beta (1Y): <0.01
• Revenue Growth: 33.30%
• EPS Growth: 81.15%
• Country: CA
• Employees: 15
• Sector: Energy
• Sector Strength: 64
• Industry: Oil & Gas Equipment & Services
• EPS (TTM): 0.19
• Shares Outstanding: 50,755,060
• 10 Day Avg. Volume: 45,376
• 30 Day Avg. Volume: 62,140
• PEG Ratio: -0.47
• Price to Book (P/B): 6.72
• Price to Sales (P/S): 5.26
• P/FCF Ratio: 8.83
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: C$4.50
• Price Target Upside: 10.29% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 0

• Rating: 76 Outperform
• Price Target: C$4.50 ▲(10.29% Upside)

Pulse Seismic's overall score is enhanced by its strong financial performance and attractive valuation, indicating a well-managed company with growth potential. Technical analysis suggests caution due to overbought conditions, but the strong dividend yield and low P/E ratio support a positive outlook.

Pulse Seismic Business Overview & Revenue Model

Company Description

Pulse Seismic Inc. is a Canada-based company that operates in the energy sector, primarily focusing on providing seismic data to oil and natural gas exploration and development companies. With a robust library of 2D and 3D seismic data, Pulse Seismic serves as a critical resource for companies looking to identify and evaluate potential oil and gas reserves. The company's core services include licensing this seismic data, enabling energy companies to make informed exploration and production decisions.

How the Company Makes Money

Pulse Seismic makes money primarily through the licensing of its extensive library of seismic data to oil and gas exploration companies. The company generates revenue by granting clients access to its data for a fee, allowing them to use the seismic information for exploration and evaluation purposes. Key revenue streams include data library sales and participation surveys, where clients pay for exclusive or non-exclusive access to specific data sets. Significant partnerships with exploration and production companies, as well as the ongoing demand for accurate subsurface imaging, contribute to Pulse Seismic's earnings. Additionally, the company may engage in strategic data acquisition and marketing initiatives to expand its library and attract more clients.

Pulse Seismic Financial Statement Overview

Summary

Pulse Seismic demonstrates strong financial performance with significant improvements in profitability, cash flow, and equity stability. The income statement shows robust profit margins and revenue growth, although revenue volatility raises some concerns. The balance sheet is solid with low leverage, and cash flow statements reflect strong cash generation capabilities.

Income Statement

Pulse Seismic's income statement shows a strong recovery and growth trajectory. The company has significantly improved its gross profit margin from a negative figure in 2020 to a robust 75.56% in TTM (Trailing-Twelve-Months). Net profit margin has also improved remarkably to 37.70% in TTM, highlighting enhanced profitability. The revenue growth rate between 2024 and TTM is a notable 59.82%, indicating strong upward momentum. EBIT and EBITDA margins are healthy at 54.03% and 79.18%, respectively, reflecting effective cost management and operational efficiency. However, the volatility in revenue from 2021 to 2022 suggests potential instability.

Balance Sheet

The balance sheet analysis reveals a solid equity position, with an equity ratio of 74.91% in TTM, indicating financial stability. The debt-to-equity ratio remains low at 0.01, suggesting conservative leverage practices. Return on equity has improved to 68.58% in TTM, showcasing efficient use of equity to generate profits. However, the significant reduction in total assets from 2023 to TTM may raise concerns about asset sustainability and growth potential.

Cash Flow

Pulse Seismic's cash flow statement reflects strong cash generation capabilities. The free cash flow to net income ratio is impressive at 1.44 in TTM, indicating efficient conversion of income to cash. Operating cash flow to net income ratio is similarly strong at 1.44, highlighting robust cash-generating operations. The free cash flow growth rate from 2024 to TTM is a substantial 45.73%, underscoring significant improvements in cash flow performance. The consistent positive free cash flow supports financial flexibility and potential for reinvestment or debt reduction.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	49.38M	23.38M	39.13M	9.57M	49.15M	11.35M
Gross Profit	40.30M	14.20M	29.94M	-505.00K	38.53M	-666.00K
EBITDA	40.52M	15.97M	30.98M	2.14M	42.69M	7.25M
Net Income	22.31M	3.39M	15.01M	-7.91M	21.51M	-6.79M
Balance Sheet
Total Assets	36.48M	21.52M	41.25M	35.22M	52.90M	56.74M
Cash, Cash Equivalents and Short-Term Investments	25.88M	8.72M	15.95M	5.82M	-500.00K	-1.36M
Total Debt	212.00K	204.00K	269.00K	21.00K	2.77M	29.07M
Total Liabilities	7.30M	3.22M	15.59M	1.73M	8.76M	31.48M
Stockholders Equity	29.18M	18.30M	25.66M	33.50M	44.14M	25.27M
Cash Flow
Free Cash Flow	34.11M	13.93M	23.50M	11.98M	29.44M	3.42M
Operating Cash Flow	34.16M	14.20M	23.52M	11.99M	29.80M	3.81M
Investing Cash Flow	-45.00K	-270.00K	-28.00K	-12.00K	-358.00K	-390.00K
Financing Cash Flow	-17.63M	-21.15M	-13.37M	-6.16M	-29.44M	-4.78M

Pulse Seismic Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 4.08
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:PSD, the sentiment is Positive. The current price of 4.08 is above the 20-day moving average (MA) of 3.90, above the 50-day MA of 3.51, and above the 200-day MA of 2.56, indicating a bullish trend. The MACD of 0.16 indicates Positive momentum. The RSI at 63.06 is Neutral, neither overbought nor oversold. The STOCH value of 84.41 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:PSD.

Pulse Seismic Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
PSD	76 Outperform	C$207.08M	9.52	82.09%	7.26%	33.30%	81.15%
Sector *	65 Neutral	$15.54B	7.27	2.96%	5.23%	4.26%	-62.58%
CFW	52 Neutral	C$290.31M	29.44	1.53%	―	-4.63%	-92.13%
SFD	51 Neutral	C$74.10M	―	-39.95%	―	415.42%	55.41%
HGHAF	―	$7.62M	0.41	-2.30%	660.15%	―	―
SHLE	74 Outperform	C$194.94M	4.95	20.27%	―	18.15%	-75.41%
STEP	57 Neutral	C$314.81M	151.92	-5.02%	―	-6.25%	-129.86%

Pulse Seismic Corporate Events

Pulse Seismic Reports Robust Q2 2025 Results and Declares Dividends

Pulse Seismic Inc. reported strong financial results for Q2 2025, with significant increases in revenue, EBITDA, and net earnings compared to the previous year. The company declared both a regular and a special dividend, reflecting its commitment to returning value to shareholders. The financial success is attributed to increased traditional data sales and energy sector M&A, leading to a 71% revenue increase over the past three years’ average. Pulse continues to focus on shareholder returns, distributing 84% of its 2025 free cash flow as dividends.

Pulse Seismic Boosts Revenue with Major Data License Sale

Pulse Seismic Inc. announced a significant seismic data license sale valued at $13.5 million, contributing to a substantial increase in their year-to-date licensing revenue, which has risen by 66% compared to the average of the last three years. This sale, along with a strategic focus on maintaining a low-cost structure and strong EBITDA margins, underscores the company’s robust financial performance and commitment to delivering sustained value to stakeholders, reflected in their increased dividend payouts.