Zedcor Energy Inc ( (TSE:ZDC) ) has shared an announcement.
Zedcor Inc. reported record financial results for the fourth quarter of 2024, with revenues reaching $10.3 million and adjusted EBITDA at $4.0 million, marking significant year-over-year growth. The company has successfully expanded its operations in the U.S., with over 20% of its revenue coming from this market, and maintained high utilization rates for its security towers. Zedcor’s strategic focus on customer diversification and operational efficiency has bolstered its market position, and the company is poised for further growth in 2025, supported by increased production capacity and a strong sales pipeline.
Spark’s Take on TSE:ZDC Stock
According to Spark, TipRanks’ AI Analyst, TSE:ZDC is a Neutral.
Zedcor Energy Inc. shows potential with strong revenue growth and market expansion, but faces challenges with profitability and valuation. The positive earnings call and corporate events support a favorable outlook, yet high P/E ratio and cash flow issues present significant risks.
To see Spark’s full report on TSE:ZDC stock, click here.
More about Zedcor Energy Inc
Zedcor Inc. operates in the security technology industry, focusing on providing turnkey security solutions through its MobileyeZ security towers. The company is expanding its market presence across North America, with a strong emphasis on the U.S. market, particularly in Texas and other major metropolitan areas.
YTD Price Performance: -18.52%
Average Trading Volume: 221,564
Technical Sentiment Signal: Strong Sell
Current Market Cap: C$296.9M
Find detailed analytics on ZDC stock on TipRanks’ Stock Analysis page.