Zedcor Energy Inc (TSE:ZDC) has released an update.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Zedcor Inc. reports a robust fourth quarter in 2023, with revenues hitting $5.8 million and its EBITDA at $1.4 million, alongside a successful diversification of its customer base and geographical reach. With a record monthly revenue expected from its MobileyeZ security tower fleet, Zedcor is also experiencing strong demand in the US, where it plans to expand its fleet to over 400 units by year-end. The company’s innovative, eco-friendly security towers are set to disrupt the traditional security industry, with high utilization rates and a growing backlog in the US market.
For further insights into TSE:ZDC stock, check out TipRanks’ Stock Analysis page.
