Sector: Energy | Industry: Oil Related Services and Equipment |
Company Contact | |
Address: | 2700-421 7 Ave SW CALGARY AB T2P 4K9 |
Tel: | 1-877-4605559 |
Website: | https://pulseseismic.com |
IR: | See website |
Key People | ||
Neal Coleman President, Chief Executive Officer, Director | Pamela Wicks Chief Financial Officer, Vice President - Finance | Trevor Meier Vice President - Sales and Marketing | Catherine Samuel Corporate Secretary |
Business Overview |
Pulse Seismic Inc. is engaged in the acquisition, marketing and licensing of two-dimensional (2D) and three-dimensional (3D) seismic data to the western Canadian energy sector. The Company owns the licensable seismic data library in Canada, consisting of approximately 65,310 square kilometers of 3D seismic and 829,207 kilometers of 2D seismic. It calculates net kilometers of 2D data and net square kilometers of 3D data by multiplying the number of kilometers of seismic data in each 2D line and the number of square kilometers of seismic data in each individual 3D seismic dataset by its percentage of ownership in each. The Company's library covers the Western Canada Sedimentary Basin (WCSB). |
Financial Overview |
For the fiscal year ended 31 December 2023, Pulse Seismic Inc revenues increased from C$9.6M to C$39.1M. Net income totaled C$15M vs. loss of C$7.9M. Revenues reflect 3D data Sales segment increase from C$4.8M to C$34.4M, 2D data Sales segment increase of 1% to C$4.6M. Net Income reflects Amortization of seismic data library decrease of 7% to C$9.1M (expense), Occupancy cost and other leases decrease of 68% to C$262K (expense). |
Employees: | 15 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $101.34M as of Dec 31, 2023 |
Annual revenue (TTM): | $39.13M as of Dec 31, 2023 |
EBITDA (TTM): | $30.43M as of Dec 31, 2023 |
Net annual income (TTM): | $15.01M as of Dec 31, 2023 |
Free cash flow (TTM): | $12.64M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 51,994,563 as of Apr 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |