Spartan Delta Corp. is an energy company, which engages in the exploration, development and production of petroleum and natural gas properties in western Canada. The company is headquartered in Calgary, Alberta and currently employs 70 full-time employees. The company went IPO on 2020-06-05. The firm is engaged in exploration, development and production of crude oil and natural gas properties in western Canada. The firm has a portfolio of production and development opportunities in the Deep Basin and the Duvernay. The company is focused on the execution of the Company’s organic drilling program across its portfolio, delivering operational synergies. The company is also focused on growing and developing its Duvernay asset.
Financials in millions USD. Fiscal year is February - January.
Breakdown
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
Revenue
412
412
293
646
1,284
523
Revenue Growth (YoY)
45%
41%
-55%
-50%
146%
480.99%
Cost of Revenue
109
109
88
134
227
115
Gross Profit
303
303
204
511
1,057
408
Selling, General & Admin
74
74
58
112
138
65
Research & Development
0
0
0
21
--
--
Operating Expenses
208
208
160
260
335
171
Other Non Operating Income (Expenses)
3
3
2
2
20
7
Pretax Income
93
93
43
751
710
356
Income Tax Expense
23
23
9
88
28
22
Net Income
70
70
34
663
681
334
Net Income Growth
106%
106%
-95%
-3%
104%
611%
Shares Outstanding (Diluted)
209.63
202.69
175.36
173.49
175.48
133.45
Shares Change (YoY)
21%
16%
1%
-1%
31%
141%
EPS (Diluted)
0.33
0.34
0.19
3.82
3.88
2.5
EPS Growth
72%
77%
-95%
-2%
55%
191%
Free Cash Flow
-154
-154
-64
146
354
-333
Free Cash Flow Per Share
--
--
--
--
--
--
Gross Margin
73.54%
73.54%
69.62%
79.1%
82.32%
78.01%
Operating Margin
22.81%
22.81%
15.01%
38.85%
56.23%
45.31%
Profit Margin
16.99%
16.99%
11.6%
102.63%
53.03%
63.86%
Free Cash Flow Margin
-37.37%
-37.37%
-21.84%
22.6%
27.57%
-63.67%
EBITDA
240
240
152
399
926
339
EBITDA Margin
58.25%
58.25%
51.87%
61.76%
72.11%
64.81%
D&A For EBITDA
146
146
108
148
204
102
EBIT
94
94
44
251
722
237
EBIT Margin
22.81%
22.81%
15.01%
38.85%
56.23%
45.31%
Effective Tax Rate
24.73%
24.73%
20.93%
11.71%
3.94%
6.17%
Follow-Up Questions
What are Spartan Delta Corp.'s key financial statements?
According to the latest financial statement (Form-10K), Spartan Delta Corp. has a total asset of $1,173, Net profit of $70
What are the key financial ratios for DALXF?
Spartan Delta Corp.'s Current ratio is 2.23, has a Net margin is 16.99, sales per share of $2.03.
How is Spartan Delta Corp.'s revenue broken down by segment or geography?
Spartan Delta Corp. largest revenue segment is Natural Gas Liquids, at a revenue of 174,953,000 in the most earnings release.For geography, Canada is the primary market for Spartan Delta Corp., at a revenue of 267,173,999.
Is Spartan Delta Corp. profitable?
yes, according to the latest financial statements, Spartan Delta Corp. has a net profit of $70
Does Spartan Delta Corp. have any liabilities?
yes, Spartan Delta Corp. has liability of 524
How many outstanding shares for Spartan Delta Corp.?
Spartan Delta Corp. has a total outstanding shares of 200.51