Dalmac Energy Inc.
TSX VENTURE : DAL

Dalmac Energy Inc.

March 30, 2006 11:52 ET

Dalmac Energy Inc.: 2006 Third Quarter Interim Report for the Three and Nine Months Ended January 31, 2006

EDMONTON, ALBERTA--(CCNMatthews - March 30, 2006) - John Babic, President and CEO of Dalmac Energy Inc. ("Dalmac") (TSX VENTURE:DAL) announces the results of operations for the 3 and 9 month quarter ended January 31, 2006. Dalmac Energy Inc. is a key provider of "hot oiler", "hydro vac", "vacuum", "pressure" and "tanker truck" services to the west central Alberta energy sector. Other products and services include "methanol/glycol", and "KCL" distribution and delivery. The Company presently has a total of 67 service units.

The following table sets out selected financial highlights from the Company's financial statements for the third quarter ended January 31, 2006. Some of the preceding quarters do not correspond due to Dalmac's change of year to April 30 from December 31. Prior to completing its qualifying transaction on November 7, 2004, Dalmac was classified as a Capital Pool Company.



FINANCIAL HIGHLIGHTS

Three Three Nine Twelve
Months Months Months Months
Ended Ended Ended Ended
31-Jan-06 31-Dec-04 Change 31-Jan-06 31-Dec-04 Change
$ $ % $ $ %
(Unaudited)
------------------------------------------------------------------------
Revenue 4,532,521 2,083,643 118% 10,811,905 2,083,643 419%
Net Income
for period 411,728 (225,692) 282% 206,722 (370,976) 156%
Per share
- Basic 0.06 (0.06) 191% 0.03 (0.10) 128%
- Diluted 0.05 (0.05) 190% 0.02 (0.09) 123%
EBITDA (1) 834,866 (78,123) 1169% 1,155,222 (230,131) 602%
Per share
- Basic 0.11 (0.02) 632% 0.15 (0.06) 350%
- Diluted 0.10 (0.02) 630% 0.13 (0.05) 349%
Weighted
Average
shares
outstanding
for period
Basic 7,466,768 3,714,285 101% 7,466,768 3,714,285 101%
Diluted 8,633,547 4,281,336 102% 8,633,547 4,281,336 102%

31-Jan-06 30-Apr-06 Change
As at $ $ %
------------------------------------------------------------------------
Working Capital 996,267 (960,217) 204%
Total Assets 10,127,471 9,727,208 4%
Shareholder Equity 3,342,109 2,112,067 58%
Book value per share outstanding 1.36 1.68 -19%

1) "EBITDA" is determined by adding Interest expenses, current taxes
payable, depreciation and Net Income. (See Financial Statements for
Q3)


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release.

Contact Information

  • Dalmac Energy Inc.
    John Babic
    President
    (780) 909-4220
    (780) 440-0935 (FAX)
    or
    Dalmac Energy Inc.
    4008 - 38 A Avenue
    Edmonton, Alberta, T6L 6R5