ZENA
ZenaTechDDocument history
Earnings documents stored for ZENA.
Investor releaseQuarter not tagged2026-08-20ScanSource (SCSC) Q4 Earnings and Revenues Top Estimates
Zacks
ScanSource (SCSC) Q4 Earnings and Revenues Top Estimates
ScanSource (SCSC) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +31.53%. A quarter ago, it was expected that this technology products distributor would post earnings of $0.91 per share when it actually produced earnings of $0.94, delivering a surprise of +3.3%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. ScanSource, which belongs to the Zacks Technology Services industry, posted revenues of $953.11 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 22.10%. This compares to year-ago revenues of $812.89 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ScanSource shares have added about 31.6% since the beginning of the year versus the S&P 500's gain of 12.6%. While ScanSource has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for ScanSource was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1…Read full documentShow less
ScanSource (SCSC) came out with quarterly earnings of $1.46 per share, beating the Zacks Consensus Estimate of $1.11 per share. This compares to earnings of $1.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +31.53%. A quarter ago, it was expected that this technology products distributor would post earnings of $0.91 per share when it actually produced earnings of $0.94, delivering a surprise of +3.3%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. ScanSource, which belongs to the Zacks Technology Services industry, posted revenues of $953.11 million for the quarter ended June 2026, surpassing the Zacks Consensus Estimate by 22.10%. This compares to year-ago revenues of $812.89 million. The company has topped consensus revenue estimates two times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. ScanSource shares have added about 31.6% since the beginning of the year versus the S&P 500's gain of 12.6%. While ScanSource has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for ScanSource was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $1.03 on $759.7 million in revenues for the coming quarter and $4.30 on $3.17 billion in revenues for the current fiscal year. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 40% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. One other stock from the same industry, ZenaTech, Inc. (ZENA), is yet to report results for the quarter ended June 2026. This company is expected to post quarterly loss of $0.21 per share in its upcoming report, which represents a year-over-year change of -50%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. ZenaTech, Inc.'s revenues are expected to be $6.97 million, up 330.3% from the year-ago quarter. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report ScanSource, Inc. (SCSC) : Free Stock Analysis Report ZenaTech, Inc. (ZENA) : Free Stock Analysis Report This article originally published on Zacks Investment Research (zacks.com). Zacks Investment Research
Investor releaseQuarter not tagged2026-06-30ZenaTech Reports Annualized Revenue Run Rate of Approximately CAD $33 Million Based on First Quarter 2026 Revenue
Stocktwits
ZenaTech Reports Annualized Revenue Run Rate of Approximately CAD $33 Million Based on First Quarter 2026 Revenue
Derived from first quarter results of CAD $8.3M multiplied by four, it reflects completed DaaS acquisitions contribution and continued drone workflow integration across the company’s portfolio (Vancouver, British Columbia– June 30, 2025) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today reports that its 2026 annualized revenue run rate is approximately CAD $33 million. This is based on a simple annualized calculation of first quarter 2026 results (the three months ended March 31, 2026) of CAD $8.3 million multiplied by four. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox “Our first quarter revenue reflects the strength of our DaaS model and the contribution of the acquisitions we have been in the process of integrating over the past year,” said Shaun Passley, Ph.D., ZenaTech CEO. “Annualizing the quarter puts us at roughly CAD $33 million, and we view that as a baseline rather than a ceiling. We have completed several acquisitions during the period, which will contribute a full twelve months of revenue for the first time later in the year. Our DaaS acquisition pipeline remains active, and our recently disclosed Partnership Acquisition Program is progressing with the kind of founder-led, profitable companies we want on the platform.” The annualized revenue run rate is derived by multiplying first-quarter 2026 revenue by four, and is for illustrative purposes only. It is intended to demonstrate the current revenue scale of the Company’s operations following the completion of its DaaS acquisitions. It should not be interpreted as management’s financial guidance or forecast for fiscal 2026. ZenaTech’s primary revenue engine remains the DaaS segment, through which the Company acquires operationally mature but under-digitized service businesses and integrates its ZenaDrone proprietary drone platforms and AI analytics into their workflows. The Company continues to target land survey and geospatial mapping, infrastructure and asset inspection, and exterior building cleaning businesses — sectors where drone-enabled service delivery can provide an immediate productivity advantage. As drone utilization deepens withi…Read full documentShow less
Derived from first quarter results of CAD $8.3M multiplied by four, it reflects completed DaaS acquisitions contribution and continued drone workflow integration across the company’s portfolio (Vancouver, British Columbia– June 30, 2025) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, today reports that its 2026 annualized revenue run rate is approximately CAD $33 million. This is based on a simple annualized calculation of first quarter 2026 results (the three months ended March 31, 2026) of CAD $8.3 million multiplied by four. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox “Our first quarter revenue reflects the strength of our DaaS model and the contribution of the acquisitions we have been in the process of integrating over the past year,” said Shaun Passley, Ph.D., ZenaTech CEO. “Annualizing the quarter puts us at roughly CAD $33 million, and we view that as a baseline rather than a ceiling. We have completed several acquisitions during the period, which will contribute a full twelve months of revenue for the first time later in the year. Our DaaS acquisition pipeline remains active, and our recently disclosed Partnership Acquisition Program is progressing with the kind of founder-led, profitable companies we want on the platform.” The annualized revenue run rate is derived by multiplying first-quarter 2026 revenue by four, and is for illustrative purposes only. It is intended to demonstrate the current revenue scale of the Company’s operations following the completion of its DaaS acquisitions. It should not be interpreted as management’s financial guidance or forecast for fiscal 2026. ZenaTech’s primary revenue engine remains the DaaS segment, through which the Company acquires operationally mature but under-digitized service businesses and integrates its ZenaDrone proprietary drone platforms and AI analytics into their workflows. The Company continues to target land survey and geospatial mapping, infrastructure and asset inspection, and exterior building cleaning businesses — sectors where drone-enabled service delivery can provide an immediate productivity advantage. As drone utilization deepens within each portfolio company, ZenaTech anticipates revenue expansion through capacity growth, contract upsell, new drone-derived data product lines, and improved operating margins. Several acquisitions completed during fiscal 2025 and the first half of fiscal 2026 contributed only partial-year revenue in the periods they closed. These businesses are expected to contribute a full twelve-month revenue run rate for the first time during the balance of fiscal 2026. In May 2026, ZenaTech announced a Partnership Acquisition Program, through which the Company is pursuing acquisitions of established, founder-led, profitable businesses in four core verticals: defense technology and unmanned systems, enterprise SaaS and productivity software, AI infrastructure and applied AI, and specialty manufacturing and supply chain. The Company has entered into non-binding letters of intent and term sheets as discussions progress toward potential definitive agreements. About ZenaTechZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform industrial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global Drone as a Service (DaaS) business, and a separate enterprise SaaS division of multiple software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives. About ZenaDroneZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio under development includes the ZenaDrone 1000 for ISR defense and specialized cargo, the IQ Nano for indoor inventory management and security, the IQ Square for outdoor inspections and maintenance, the IQ Quad for land surveying, and the IQ Aqua, for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system. Contacts for more information:Company, Investors and Media: Linda [email protected] Investors:Michael MasonCORE [email protected] Safe HarborThis press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech. Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article. Stocktwits PR Desk has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. Related: Michael Burry ‘Finally’ Shorts Tesla Ahead Of Q2 Deliveries — Gary Black Sees A Beat But Still Won’t Own The Stock INLF, TBH, SSTK: Why These Stocks Plunged Double Digits In After-Hours Trading Today S&P 500, Nasdaq, Dow Futures Retreat Ahead Of High-Stakes US-Iran Talks: SLS, QS, NKE, JACK In Focus
Investor releaseQuarter not tagged2026-06-03ZenaTech Reports 640% Increase in First Quarter 2026 Revenue Year-over-Year Growth Powered by its Drone Division
Stocktwits
ZenaTech Reports 640% Increase in First Quarter 2026 Revenue Year-over-Year Growth Powered by its Drone Division
Vancouver, British Columbia, (June 3, 2026) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces its financial results for the three months ended March 31, 2026. Highlights included revenue of $8.4 million representing a 640% increase from the same period in 2025. All financial figures are reported in Canadian dollars.First Quarter 2026 and Recent Highlights Total revenue of $8.4 million for the first quarter of 2026, an increase of 640% over the prior-year comparable period revenue of $1.13 million, reflecting the cumulative contribution of the DaaS portfolio and acquisitions of land surveying and legacy service companies, integrating drones for data and speed benefits DaaS segment revenue of $7.8 million or approximately 93% of total revenue reflecting the continued focus on building the company’s drone division, services and drone integration Expanded DaaS footprint bringing current acquisition count to 23 land survey and legacy service company acquisitions, covering 10 US states, Canada, UK and most recently Australia. Combined with three corporate stores including Orlando, Dublin and Dubai bring the total to 26 DaaS global locations The quarter brought new ZenaDrone commercial drone products to the IQ Series and marked the company’s entry into the Counter-UAS defense product area with two new interceptor drones in an integrated defense system Enterprise SaaS Software segment revenue of $589,857, which now includes 12 brands with the most recent acquisition of Now Solutions Company maintained approximately $15 million of cash and marketable securities at the quarter end, providing flexibility to fund continued organic growth, strategic acquisitions, and ongoing investment in the Company’s commercial and defense technology solutions “The first quarter of 2026 was another record-breaking quarter for ZenaTech as we executed on our strategy of acquiring legacy land survey companies and experienced licenced operators with longstanding customers and migrating them to Drone as a Service drone-based automation,” said Dr. Shaun Passley, ZenaTech Chairman, President and Chief Executive Officer. “Total revenue for the first quarter was $8.4 million, representing approximately 640% g…Read full documentShow less
Vancouver, British Columbia, (June 3, 2026) — ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces its financial results for the three months ended March 31, 2026. Highlights included revenue of $8.4 million representing a 640% increase from the same period in 2025. All financial figures are reported in Canadian dollars.First Quarter 2026 and Recent Highlights Total revenue of $8.4 million for the first quarter of 2026, an increase of 640% over the prior-year comparable period revenue of $1.13 million, reflecting the cumulative contribution of the DaaS portfolio and acquisitions of land surveying and legacy service companies, integrating drones for data and speed benefits DaaS segment revenue of $7.8 million or approximately 93% of total revenue reflecting the continued focus on building the company’s drone division, services and drone integration Expanded DaaS footprint bringing current acquisition count to 23 land survey and legacy service company acquisitions, covering 10 US states, Canada, UK and most recently Australia. Combined with three corporate stores including Orlando, Dublin and Dubai bring the total to 26 DaaS global locations The quarter brought new ZenaDrone commercial drone products to the IQ Series and marked the company’s entry into the Counter-UAS defense product area with two new interceptor drones in an integrated defense system Enterprise SaaS Software segment revenue of $589,857, which now includes 12 brands with the most recent acquisition of Now Solutions Company maintained approximately $15 million of cash and marketable securities at the quarter end, providing flexibility to fund continued organic growth, strategic acquisitions, and ongoing investment in the Company’s commercial and defense technology solutions “The first quarter of 2026 was another record-breaking quarter for ZenaTech as we executed on our strategy of acquiring legacy land survey companies and experienced licenced operators with longstanding customers and migrating them to Drone as a Service drone-based automation,” said Dr. Shaun Passley, ZenaTech Chairman, President and Chief Executive Officer. “Total revenue for the first quarter was $8.4 million, representing approximately 640% growth over the first quarter of 2025. Currently, with 26 DaaS locations now operating across ten US states, Canada, UK, Ireland, UAE and Australia, and the continued progression of our defense technology pipeline, we believe the fundamental trajectory of the business remains strong and will continue to grow as the demand for our integrated suite of cost-effective drone services and solutions accelerates in 2026. See what 10M+ investors are talking about. Get the Stocktwits Daily Rip for what retail is watching right now, free to your inbox “We remain focused on disciplined capital allocation, operating leverage, and long-term value creation for our shareholders,” added Dr. Passley. “At the close of the quarter we have maintained $15 million of cash and marketable securities in addition to growth capital flexibility through recent funding initiatives. We believe that we are well positioned to continue executing on organic growth and strategic acquisitions across our DaaS and other business areas, advancing our product roadmap, and manufacturing capacity across our defense technology and commercial divisions.” First Quarter 2026 Operational Highlights Our DaaS portfolio expanded by one acquisition bringing the total to 21 acquisitions by the end of Q1, and we continue integrating of drones into land surveys, inspections and power washing. We continued the evaluation of additional acquisition targets to expand geographic coverage and add specialized service capabilities We are expanding ZenaDrone AI drones into the Counter-UAS category with prototype commencement and a provisional patent filed for our integrated interceptor defense system during the quarter. This includes the ZD2000 Maritime Interceptor gas-powered drone, the Interceptor P-1 low cost and expendable one-way drone, and the IQ Glider marine-based launch and refueling station Defense portfolio product development advancements included announcing the IQ Aqua underwater drone prototype for land mine detection, a Quantum navigation system for GPS-denied environments, and we submitted our application for the green/blue UAS pathway certification to enable qualification for U.S. defense agency procurement for the ZenaDrone 1000, our third drone in this pathway Product development advancements for commercial markets including launching the IQ Quad which is purpose-build for land surveys, the development and testing of the IQ Square drone power washing platform, and we made progress testing our IQ Nano indoor drone with drone swarms of multiple drones to more efficiently conduct inventory counts Continued buildout and recruiting of engineers for the Company’s Zena AI research and development center and AI hub in Baton Rouge, Louisiana, supporting advanced AI U.S. defense technology applications Continued commissioning, production line set up, integration and supply chain planning work took place regarding Spider Vision Sensors, the Company’s Taiwan-based sensor and drone component manufacturing production facility The DaaS business launched new land survey services designed specifically for the residential homebuilding developer market and for golf course operators that are building and revamping golf courses The Company’s R&D and quantum computer project work continued to enable the next generation solutions including using drone swarms and processing real-time AI data and analysis. During the quarter the team commenced research work to commence building a 5-qubit quantum computer expected to be used for the testing and development of AI drone solutions for applications such as wildfire management, traffic management and defense-based AI projects Financial Overview Total revenue for the first quarter of 2026 was $8.4 million, an increase of 640% compared to $1.13 million for the first quarter of 2025 The DaaS segment contributed $7.81 million for the first quarter of 2026, primarily from the approximately 20 land surveying companies acquired during 2025 The Enterprise SaaS Software segment contributed $589,857, a decrease of $143,031 over the prior year before reflecting the timing of software licensing renewal agreements Total assets increased almost 10% from $100 million at December 31, 2025, to $109.5 million at March 31, 2026 Outlook Management believes ZenaTech is well positioned to continue growth throughout 2026. Key drivers include: The DaaS segment benefits from a full year of revenue from the 2025 acquisitions in 2026. The Company is pursuing additional targeted land survey, inspection and other legacy service company acquisitions in additional U.S. states and internationally Product development investment in the ZenaDrone 1000 platform and IQ Drone Series is planned to yield additional revenue streams in defense, agriculture, logistics and warehousing, and inspection markets The Enterprise SaaS segment will continue to be a very positive margin contributor and will benefit from increased marketing and lead generation efforts as well as through the addition of future well selected acquisitions The Company will continue defense sector investments in the ZenaDrone 1000, IQ series drones, and Counter-UAS platforms, and will engage with program managers in various government defense agencies towards potential demos, pilots and contracts. ZenaDrone is pursuing opportunities from the U.S. Department of War including initiatives supported through the Office of Strategic Capital (OSC) ZenaTech will continue expansion of its manufacturing capacity across its three facilities and continue to work towards establishing full operational status in the Arizona facility and Ukraine manufacturing sites The Company will continue strategic and targeted accretive acquisitions, and in addition, will be broadening its acquisition strategy to include strategic acquisitions that can also benefit other business areas, including its defense business Additional information is available from ZenaTech’s 6-K filing on the SEC EDGAR website. About ZenaTechZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company that specializes in AI autonomy drone platforms to transform industrial, government, and defense sectors. Its subsidiaries include drone manufacturing through ZenaDrone, a global Drone as a Service (DaaS) business, and a separate enterprise SaaS division of multiple software brands. The Company is executing an acquisition-led DaaS roll-up strategy to digitize and automate legacy service industries like land surveys and inspections, driving drone-based scalable, recurring revenue growth. With an operating footprint spanning North America, Europe, the Middle East, and Asia, ZenaTech is advancing AI drones for agriculture and logistics, as well as ISR, cargo, and counter-UAS applications for U.S. defense and NATO allies. The company is investing in next-generation technologies, including drone swarms, quantum computing, and advanced AI autonomy to capture long-term opportunities in key markets through its R&D initiatives. About ZenaDroneZenaDrone, a subsidiary of ZenaTech, develops and manufactures AI-powered multifunction autonomous drone solutions integrating machine learning, predictive analytics, and advanced computing technologies, for government, defense, and industrial applications. This includes multifunctional drones for surveying, inspections, logistics, security, and defense applications. Its product portfolio includes the ZenaDrone 1000 for ISR defense and specialized cargo, the IQ Nano for indoor inventory management and security, the IQ Square for outdoor inspections and maintenance, the IQ Quad for land surveying, and the IQ Aqua for underwater applications. ZenaDrone operates three global manufacturing facilities in Arizona, Dubai, and Taiwan, and is advancing counter-UAS maritime interceptor drones and an integrated defense system. Contacts for more information:Company, Investors, and Media: Linda [email protected] Investors:Michael MasonCORE [email protected] Safe HarborThis press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech’s ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000, IQ Square and IQ Nano; ZenaTech’s ability to develop products for markets as currently contemplated; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech and other related risks and uncertainties disclosed under the heading “Risk Factors“ in the Company’s Form F-1, Form 20-F and other filings filed with the United States Securities and Exchange Commission (the “SEC”) on EDGAR through the SEC’s website at www.sec.gov. The Company undertakes no obligation to update forward-looking information except as required by applicable law. Such forward-looking information represents managements’ best judgment based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Note: This article has been published automatically by sourcing from Access Newswire. The Stocktwits editorial team did not edit this article. Stocktwits PR Desk has no position in any of the stocks mentioned in this article. StockTwits' news team content is for informational purposes only and is not intended as investment advice. For more, see our editorial policy. This article was originally published on StockTwits. 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Investor releaseQuarter not tagged2025-10-02ZenaTech Announces Establishment of Its Global Drone as a Service (DaaS) Business Headquarters in Orlando, Leveraging an Industry Growing at Over 36% Annually
GlobeNewswire
ZenaTech Announces Establishment of Its Global Drone as a Service (DaaS) Business Headquarters in Orlando, Leveraging an Industry Growing at Over 36% Annually
VANCOUVER, British Columbia, Oct. 02, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces that it has selected Orlando, Florida as the headquarters of its Drone as a Service business. From this headquarters, the company plans to support its growing national and international network of acquisitions, and the integration and rollout of its drone services and platforms. The company is currently securing a 20,000 square-foot head office facility that will serve as a central hub for operations nationwide while also directly serving its Southeast region offices. "Orlando’s unique combination of aerospace talent, government partnerships, year-round operating conditions, and a supportive business climate makes it the ideal choice for establishing our DaaS headquarters. It also strengthens our ability to unify vision, culture, and leadership across our national and global network. From commercial enterprises to government agencies, we believe this hub will allow us to deliver consistent value while meeting the growing demand for drone services across surveying, inspections, and new services,” said Shaun Passley, ZenaTech CEO. “Orlando’s strategic location also positions us to scale our network efficiently, driving innovation to help customers achieve greater automation and cost savings with next-generation drone technologies." The Orlando headquarters is further expected to generate job growth. ZenaTech currently employs three DaaS staff members locally and plans to expand to ten by the end of 2025 and up to 50 by the second quarter of 2026. Roles will include business development, marketing, drone pilots, survey technicians, licensed land surveyors, management, and operations staff. In addition to the head office facility, the company also intends to establish a dedicated business and surveying office which is anticipated to add at least ten additional specialized surveying professionals. Currently ZenaTech has completed ten US acquisitions toward its goal of acquiring and establishing 25 DaaS locations by the end of Q2, 2026. The company’s DaaS model provides business and government customers with a flexible and convenient on-demand pay-per-us…Read full documentShow less
VANCOUVER, British Columbia, Oct. 02, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a business technology solution provider specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), Enterprise SaaS, and Quantum Computing solutions, today announces that it has selected Orlando, Florida as the headquarters of its Drone as a Service business. From this headquarters, the company plans to support its growing national and international network of acquisitions, and the integration and rollout of its drone services and platforms. The company is currently securing a 20,000 square-foot head office facility that will serve as a central hub for operations nationwide while also directly serving its Southeast region offices. "Orlando’s unique combination of aerospace talent, government partnerships, year-round operating conditions, and a supportive business climate makes it the ideal choice for establishing our DaaS headquarters. It also strengthens our ability to unify vision, culture, and leadership across our national and global network. From commercial enterprises to government agencies, we believe this hub will allow us to deliver consistent value while meeting the growing demand for drone services across surveying, inspections, and new services,” said Shaun Passley, ZenaTech CEO. “Orlando’s strategic location also positions us to scale our network efficiently, driving innovation to help customers achieve greater automation and cost savings with next-generation drone technologies." The Orlando headquarters is further expected to generate job growth. ZenaTech currently employs three DaaS staff members locally and plans to expand to ten by the end of 2025 and up to 50 by the second quarter of 2026. Roles will include business development, marketing, drone pilots, survey technicians, licensed land surveyors, management, and operations staff. In addition to the head office facility, the company also intends to establish a dedicated business and surveying office which is anticipated to add at least ten additional specialized surveying professionals. Currently ZenaTech has completed ten US acquisitions toward its goal of acquiring and establishing 25 DaaS locations by the end of Q2, 2026. The company’s DaaS model provides business and government customers with a flexible and convenient on-demand pay-per-use or regular subscription access to drone-based services for a variety of surveying, inspection, maintenance, power washing, indoor inventory management, and precision agriculture services. The model eliminates the need to invest in capital costs, pilots, maintenance, and compliance to benefit from the speed, precision, and safety benefits of drones. The company is acquiring established and profitable old-tech service businesses ripe for drone innovation to advance a global vision for a scalable, tech-enabled multiservice and multilocation drone business anchored by existing customers and recurring revenue. The global drone services market is estimated to be USD 33.55 billion in 2025 according Precedence Research, and is predicted to surpass around USD 555.58 billion by 2034, representing a healthy CAGR of 36.60% between 2024 and 2034. The North America drone services market size is calculated at USD 8.84 billion in 2024 and is expected to grow at a fastest CAGR of 36.78% during the forecast year. About ZenaTech ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology solutions company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing for mission-critical business and government applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government, business and industrial sectors, and drones being implemented in these plus agriculture, defense, land survey, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, precision, and cost savings. The Company operates through global offices in North America, Europe, Taiwan, and UAE, and is growing its US DaaS business and network of locations through acquisitions. About ZenaDrone ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures drone solutions for business and government, that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional AI drone solutions for industrial surveillance, monitoring, inspection, process automation, and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an outdoor drone designed for land surveys and inspections use in commercial and defense sectors. Contacts for more information: Company, Investors, and Media: Linda Montgomery ZenaTech 312-241-1415 [email protected] Investors: Michael Mason CORE IR [email protected] Safe Harbor This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.
Investor releaseQuarter not tagged2025-08-12ZenaTech Reports Over 500% Increase in Year-Over-Year Revenue for Second Quarter of 2025 and Over 250% Increase in Revenue for the First Six Months of Year
GlobeNewswire
ZenaTech Reports Over 500% Increase in Year-Over-Year Revenue for Second Quarter of 2025 and Over 250% Increase in Revenue for the First Six Months of Year
VANCOUVER, British Columbia, Aug. 12, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology business solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces financial results for the second quarter ended June 30, 2025. Results include a 500% increase in year-over-year revenue for the second quarter and a 250% revenue increase for the first six months of the year compared to the same period last year. In addition, the Company delivered its highest-ever quarterly revenue, driven by exceptional performance for its Drone as a Service (DaaS) segment, steady growth in its enterprise SaaS software division, and progress was made towards advancing its defense industry business. Key Highlights for Q2 2025 Record Revenue: Revenue for the quarter was $2.24 million, a 503% increase from $371,049 in Q2 2024 Six-Month Growth Momentum: Revenue for the first half of 2025 reached $3.38 million, up 251% from $962,428 for the same period in 2024 Successful Market Diversification: Drone as a Service contributed $1.98 million in revenue for the first half, complementing $1.39 million from enterprise SaaS Robust Balance Sheet: Cash reserves increased to $10.29 million as of June 30, 2025, up from $3.75 million at year-end 2024 Strategic Acquisitions: Completed six US land surveying and engineering company acquisitions in the first half of 2025, creating a nationwide platform for drone-powered surveying, inspections, inventory management, and other solutions for business and government Defense Business: Submitted applications for Green UAS (Uncrewed Aircraft Systems), part of the pathway to becoming a verified government supplier, partnered with key business development consultants to help secure government DoD (Department of Defense) contracts, and launched Zena AI Inc., which will focus on advanced AI development of military applications Shaun Passley, PhD, ZenaTech CEO, commented, “The second quarter 2025 was transformative for ZenaTech. Our aggressive entry into the drone services market has generated substantial revenue growth while our established enterprise software business continues to provide a stable foundation. The integration of our land surveying acquisitions positions us to lead the industry in the DaaS pay-per-use an…Read full documentShow less
VANCOUVER, British Columbia, Aug. 12, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology business solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces financial results for the second quarter ended June 30, 2025. Results include a 500% increase in year-over-year revenue for the second quarter and a 250% revenue increase for the first six months of the year compared to the same period last year. In addition, the Company delivered its highest-ever quarterly revenue, driven by exceptional performance for its Drone as a Service (DaaS) segment, steady growth in its enterprise SaaS software division, and progress was made towards advancing its defense industry business. Key Highlights for Q2 2025 Record Revenue: Revenue for the quarter was $2.24 million, a 503% increase from $371,049 in Q2 2024 Six-Month Growth Momentum: Revenue for the first half of 2025 reached $3.38 million, up 251% from $962,428 for the same period in 2024 Successful Market Diversification: Drone as a Service contributed $1.98 million in revenue for the first half, complementing $1.39 million from enterprise SaaS Robust Balance Sheet: Cash reserves increased to $10.29 million as of June 30, 2025, up from $3.75 million at year-end 2024 Strategic Acquisitions: Completed six US land surveying and engineering company acquisitions in the first half of 2025, creating a nationwide platform for drone-powered surveying, inspections, inventory management, and other solutions for business and government Defense Business: Submitted applications for Green UAS (Uncrewed Aircraft Systems), part of the pathway to becoming a verified government supplier, partnered with key business development consultants to help secure government DoD (Department of Defense) contracts, and launched Zena AI Inc., which will focus on advanced AI development of military applications Shaun Passley, PhD, ZenaTech CEO, commented, “The second quarter 2025 was transformative for ZenaTech. Our aggressive entry into the drone services market has generated substantial revenue growth while our established enterprise software business continues to provide a stable foundation. The integration of our land surveying acquisitions positions us to lead the industry in the DaaS pay-per-use and subscription- based drone services for multiple applications from mapping and inspections to precision agriculture and inventory management. “Importantly, we made significant headway in our defense business, launching Zena AI, our specialized AI development center for defense applications. We partnered with several consultants to help us find government procurement opportunities, grants, and build relationships to sell to the DoD. And we completed our application submission for the Green UAS certification for the IQ Nani and IQ Square drones, part of our path to be a verified Blue UAS supplier to the DoD. We believe defense will continue to be a key segment for our ZenaDrone subsidiary and we are poised to quickly react to the ongoing historic policy directives furthering American drone makers and industry growth and resulting regulatory and operational changes when implemented,” continued Dr. Passley. Financial Overview Revenue Growth: The significant increase was fueled by the full-scale rollout of the Drone as a Service segment encompassing six acquisitions and strong enterprise software license renewals Asset Growth: Total assets grew to $52.94 million from $34.65 million at December 31, 2024, reflecting the impact of our acquisitions and technology investments Working Capital Strength: Working capital improved to $13.02 million, up from $3.39 million at year-end 2024 Investments in Business Growth: Expenses increased as expected during the second quarter, largely due to the costs associated with acquired operations, expanded sales and marketing efforts, professional fees, and costs related to integration of acquisitions and product commercialization costs Operational Highlights Expanded US DaaS footprint: Expanded presence in the Northwest and Southeast regions through six acquisitions, with immediate plans for integration of drone surveying technology into all locations Expanded Spider Vision Sensors in Taiwan: Expanded drone component parts manufacturing company, with additional business development and engineering staff to expand partnerships in East Asia targeting defense and commercial markets Expanding manufacturing capabilities: Accelerating drone production in the US to meet growing future demand through initiating the tripling of square footage in Phoenix by securing a new facility to enable full US drone manufacturing and a team of up to 30 by the end of this year Path to Profitability While the Company continues to invest heavily in scaling operations and integrating acquisitions, management remains confident in the strategic plan to achieve sustainable profitability as drone adoption accelerates globally Outlook ZenaTech expects continued revenue growth in the second half of 2025, driven by: Full-period contributions from recent acquisitions A pipeline of target acquisitions with a goal to have acquired a total of 25 DaaS-related companies by mid-2026 Increased utilization of drone technology in existing operations in surveying and inspections, and introduce new applications such as precision agriculture, maintenance inspections, and power washing Expansion of SaaS offerings across existing and new enterprise customers Applications submitted and pending for Green UAS certification, which will be followed by Blue UAS certification submission required to be a verified provider on the procurement list to sell to the DoD and other defense agencies “We are now well-positioned to expand our range of drone services in the US and globally. We have built a strong platform for long-term growth. The demand for drone technology and software solutions is growing rapidly, helped in the US by new Government policy directives, and we are uniquely positioned to capture market share in both commercial and defense sectors. We remain confident in our strategic plan to achieve sustainable profitability as drone adoption accelerates globally,” concluded Dr. Passley. Additional information is available from ZenaTech’s 6K filing on the SEC EDGAR website. About ZenaTech ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a business technology solution provider specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government, and industrial sectors, and drones being implemented in agriculture, defense, logistics and land survey sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, precision, and cost savings. The Company operates through offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and network in the US. About ZenaDrone ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an outdoor drone designed for land survey and inspections use in commercial and defense sectors. Contacts for more information: Company, Investors, and Media: Linda Montgomery ZenaTech 312-241-1415 [email protected] Investors: Michael Mason CORE IR [email protected] Safe Harbor This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.
Investor releaseQuarter not tagged2025-06-24ZenaTech Expands Drone as a Service (DaaS) for Government and Defense, Signing an Offer to Acquire a Virginia-Headquartered Tri-State Land Survey and Engineering Firm Serving Major US Federal Clients
GlobeNewswire
ZenaTech Expands Drone as a Service (DaaS) for Government and Defense, Signing an Offer to Acquire a Virginia-Headquartered Tri-State Land Survey and Engineering Firm Serving Major US Federal Clients
VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it has signed an offer to acquire a Virginia-headquartered land survey and civil engineering firm with operations in three states and expertise serving major US federal government agencies and regional infrastructure programs. Upon completion, this acquisition would mark ZenaTech’s first entry into the states of Virginia, North Carolina, and South Carolina, accelerating the Company’s expansion across the Southeast region of the US. “This acquisition reinforces our DaaS business model expansion objectives to provide drone innovation supporting US federal government, defense, and infrastructure surveying,” said Shaun Passley, Ph.D., ZenaTech CEO. “With an established client base spanning federal agencies and regional construction markets, we are gaining both geographic reach and access to a high-value pipeline of projects where drone-based surveys and inspections can dramatically improve speed, precision and data quality for greater efficiency and precision.” Founded in 2010 by an industry veteran, the target company delivers full-service land surveying, civil engineering, land planning, and 3D imaging. They hold active contracts with federal and state agencies and provide core infrastructure services such as land surveys for highways, bridges, and development projects. ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones. About ZenaTech ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since…Read full documentShow less
VANCOUVER, British Columbia, June 24, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drones, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces it has signed an offer to acquire a Virginia-headquartered land survey and civil engineering firm with operations in three states and expertise serving major US federal government agencies and regional infrastructure programs. Upon completion, this acquisition would mark ZenaTech’s first entry into the states of Virginia, North Carolina, and South Carolina, accelerating the Company’s expansion across the Southeast region of the US. “This acquisition reinforces our DaaS business model expansion objectives to provide drone innovation supporting US federal government, defense, and infrastructure surveying,” said Shaun Passley, Ph.D., ZenaTech CEO. “With an established client base spanning federal agencies and regional construction markets, we are gaining both geographic reach and access to a high-value pipeline of projects where drone-based surveys and inspections can dramatically improve speed, precision and data quality for greater efficiency and precision.” Founded in 2010 by an industry veteran, the target company delivers full-service land surveying, civil engineering, land planning, and 3D imaging. They hold active contracts with federal and state agencies and provide core infrastructure services such as land surveys for highways, bridges, and development projects. ZenaTech’s Drone as a Service (DaaS) business model offers both business and government customers reduced costs and convenience to utilize drones to streamline legacy processes and manual tasks such as inspections, surveying, maintenance, precision agriculture and inventory management ─ there is no need to purchase drone hardware and software, find a drone pilot, manage maintenance and operation, or acquire regulatory approvals. The model also offers scalability to use more often or less often based on business needs and utilizes ZenaDrone’s multifunction AI autonomous drones. About ZenaTech ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and global partner network. About ZenaDrone ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an indoor/outdoor drone designed for land survey and inspections use in commercial and defense sectors. Contacts for more information: Company, Investors and Media: Linda Montgomery ZenaTech 312-241-1415 [email protected] Investors: Michael Mason CORE IR [email protected] Safe Harbor This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.
Investor releaseQuarter not tagged2025-05-15ZenaTech Reports Nearly Double Revenue Year-Over-Year for the First Quarter of 2025
GlobeNewswire
ZenaTech Reports Nearly Double Revenue Year-Over-Year for the First Quarter of 2025
VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces financial results for the first quarter 2025. First Quarter 2025 Highlights: Total revenues for the first quarter of 2025 were $1.13 million, up 92% compared to $591,379 for the first quarter of 2024 primarily due to acquisitions and organic growth. ZenaTech’s new Drone as a Service or DaaS segment grew from completing two acquisitions of land survey drone servicing companies ─ Oregon-based Weddle Surveying and Florida-based KJM Land Surveying. The Company also signed five LOIs (Letter of Intent) for additional acquisitions during the quarter. The company acquired Othership, a UK workplace management software company supporting its enterprise SaaS software segment, where it plans to leverage workplace AI and quantum computing productivity solutions targeting business and government customers. The company made investments in longer term growth and in new segment development that caused general and administrative expenses to increase to $5.75 million in Q1 2025 versus about $0.7 million in Q1 of 2024. This primarily consisted of sales and marketing activities, new hires, professional services, and finance expenses. ZenaTech made investments in its subsidiary ZenaDrone’s UAE manufacturing capabilities during the quarter, including hiring 35 new engineers and technicians. Also announced was the opening of a drone testing facility in Turkey for beyond-the-line-of-sight drone testing. Drone product highlights in Q1 include finalizing the third-generation design and “production model” of the ZenaDrone 1000 drone that will enable the start of scaling up of production. The company also announced the IQ Square drone has moved from prototype to manufacturing stage. The commence of work on a heavy-lift gas-powered ZD 1000 model for longer fight times for US defense applications took place during the quarter. Testing also commenced on a new high-density drone battery and a proprietary communications system for this drone. The company reported that ZenaDrone is preparing for Green UAS followed by Blue UAS certification required to sell to the US Military. Additionally, it is reviewing and…Read full documentShow less
VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech”), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces financial results for the first quarter 2025. First Quarter 2025 Highlights: Total revenues for the first quarter of 2025 were $1.13 million, up 92% compared to $591,379 for the first quarter of 2024 primarily due to acquisitions and organic growth. ZenaTech’s new Drone as a Service or DaaS segment grew from completing two acquisitions of land survey drone servicing companies ─ Oregon-based Weddle Surveying and Florida-based KJM Land Surveying. The Company also signed five LOIs (Letter of Intent) for additional acquisitions during the quarter. The company acquired Othership, a UK workplace management software company supporting its enterprise SaaS software segment, where it plans to leverage workplace AI and quantum computing productivity solutions targeting business and government customers. The company made investments in longer term growth and in new segment development that caused general and administrative expenses to increase to $5.75 million in Q1 2025 versus about $0.7 million in Q1 of 2024. This primarily consisted of sales and marketing activities, new hires, professional services, and finance expenses. ZenaTech made investments in its subsidiary ZenaDrone’s UAE manufacturing capabilities during the quarter, including hiring 35 new engineers and technicians. Also announced was the opening of a drone testing facility in Turkey for beyond-the-line-of-sight drone testing. Drone product highlights in Q1 include finalizing the third-generation design and “production model” of the ZenaDrone 1000 drone that will enable the start of scaling up of production. The company also announced the IQ Square drone has moved from prototype to manufacturing stage. The commence of work on a heavy-lift gas-powered ZD 1000 model for longer fight times for US defense applications took place during the quarter. Testing also commenced on a new high-density drone battery and a proprietary communications system for this drone. The company reported that ZenaDrone is preparing for Green UAS followed by Blue UAS certification required to sell to the US Military. Additionally, it is reviewing and putting in place cybersecurity practices, documentation, and internal controls necessary to apply for this certification. ZenaTech further expanded its Taiwan drone component manufacturer ─ Spider Vision Sensors, adding additional engineering and business development staff. It also announced the first Blue UAS-certifiable drone sensors are under development. “The first quarter of 2025 was a very strong and encouraging start to the year as revenue nearly doubled, up 92% primarily due to acquisitions and organic growth across both our software and drone segments,” said CEO Shaun Passley, Ph.D. “During the first quarter we launched our Drone as a Service or DaaS business segment with a vision to have a national footprint in the US and globally.” “Although expenses increased during the first quarter, these are investments intended to grow the company over the long-term, namely in marketing, manufacturing, product development and testing capacity, which we believe will yield future rewards. “We believe that this quarter’s performance demonstrates that our strategy to disrupt legacy businesses like land surveys via a DaaS business model is on track. Our momentum is strong, and we are well positioned to expand our range of drone services with a pipeline of over 20 acquisitions over the next 12 months,” concluded Dr. Passley. Additional information is available from ZenaTech’s 6K filing on the SEC EDGAR website. About ZenaTech ZenaTech (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a technology company specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, health, government, and industrial sectors, and drones being implemented in these plus agriculture, defense, and logistics sectors, ZenaTech’s portfolio of solutions helps drive exceptional operational efficiencies, accuracy, and cost savings. The Company operates through seven global offices in North America, Europe, Taiwan, and UAE, and is growing a DaaS business model and partner network. ZenaDrone, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, tracking, process automation and defense applications. Currently, the ZenaDrone 1000 drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the IQ Nano indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the IQ Square is an indoor/outdoor drone designed for land survey and inspections use in commercial and defense sectors Contacts for more information: Company, Investors and Media: Linda Montgomery ZenaTech 312-241-1415 [email protected] Investors: Michael Mason CORE IR [email protected] Safe Harbor This press release and related comments by management of ZenaTech, Inc. include “forward-looking statements” within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management’s expectations and projections regarding ZenaTech’s growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management’s current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “aim”, “seek”, “is/are likely to”, “believe”, “estimate”, “predict”, “potential”, “continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and it’s needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; the ability to complete any contemplated acquisitions; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.
Investor releaseQuarter not tagged2025-05-02ZenaTech Full Year 2024 Earnings: CA$0.18 loss per share (vs CA$0.014 loss in FY 2023)
Simply Wall St.
ZenaTech Full Year 2024 Earnings: CA$0.18 loss per share (vs CA$0.014 loss in FY 2023)
Net loss: CA$4.48m (loss widened by CA$4.24m from FY 2023). CA$0.18 loss per share (further deteriorated from CA$0.014 loss in FY 2023). This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. All figures shown in the chart above are for the trailing 12 month (TTM) period The primary driver behind last 12 months revenue was the United States of America segment contributing a total revenue of CA$1.97m (100% of total revenue). The largest operating expense was General & Administrative costs, amounting to CA$4.70m (73% of total expenses). Explore how ZENA's revenue and expenses shape its earnings. ZenaTech shares are down 3.7% from a week ago. It is worth noting though that we have found 4 warning signs for ZenaTech (2 make us uncomfortable!) that you need to take into consideration. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

