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Zenith Energy
(LSE:ZEN)
Zenith Energy (ZEN) vs. iShares MSCI United Kingdom ETF (EWC)
Zenith Energy Business Overview & Revenue Model
Zenith Energy Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 2.15M | 2.15M | 1.79M | 13.16M | 8.24M | 596.00K |
| Gross Profit | 446.00K | 80.00K | -3.23M | 2.66M | 3.78M | -1.84M |
| EBITDA | 10.59M | 9.41M | -33.42M | -4.94M | -2.00M | -1.60M |
| Net Income | 1.09M | 1.09M | -42.37M | -12.83M | 64.44M | 3.52M |
Balance Sheet | ||||||
| Total Assets | 164.72M | 164.72M | 140.02M | 262.91M | 259.30M | 119.44M |
| Cash, Cash Equivalents and Short-Term Investments | 3.20M | 3.20M | 207.00K | 1.44M | 1.15M | 1.63M |
| Total Debt | 48.50M | 48.50M | 41.68M | 33.94M | 18.34M | 12.74M |
| Total Liabilities | 99.09M | 99.09M | 90.04M | 171.26M | 156.21M | 95.63M |
| Stockholders Equity | 65.63M | 65.63M | 49.98M | 91.65M | 103.09M | 23.80M |
Cash Flow | ||||||
| Free Cash Flow | -11.38M | -11.38M | -4.24M | -16.27M | -13.19M | -9.87M |
| Operating Cash Flow | -10.97M | -10.97M | -4.19M | -15.84M | -13.13M | -9.81M |
| Investing Cash Flow | 1.24M | 1.24M | -593.00K | -430.00K | -2.17M | -202.00K |
| Financing Cash Flow | 12.71M | 12.71M | 3.55M | 16.56M | 14.82M | 10.43M |
Zenith Energy Technical Analysis
Zenith Energy Peers Comparison
Zenith Energy Corporate Events
Zenith Energy Ltd. has announced the acquisition of two solar energy development projects in Italy, totaling 22 MWp, through its subsidiary WESOLAR S.R.L. These acquisitions in Piedmont and Puglia are part of Zenith’s strategy to strengthen its presence in Italy’s solar energy market and achieve its 100 MWp development target. The projects include agrivoltaic technology and battery energy storage systems (BESS), which enhance grid stability and profitability. Zenith plans to divest part of its portfolio to generate immediate profit and secure funding for future projects, reflecting its commitment to sustainable growth and value creation in the renewable energy sector.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced that its subsidiary, Canadian North Africa Oil and Gas Limited, has successfully submitted an annulment application to the Swiss Federal Supreme Court regarding the ICC-2 Arbitration against the Republic of Tunisia. The application, based on procedural irregularities and undisclosed connections between the arbitral tribunal and Tunisia, seeks to annul an arbitral award related to the SLK concession dispute, which involves significant financial claims by Zenith.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has successfully made a full coupon payment for its 2027 multi-currency Euro Medium Term Notes issued on the Vienna MTF of the Vienna Stock Exchange. This payment underscores Zenith’s financial stability and commitment to its obligations, potentially enhancing its reputation in the energy sector and assuring stakeholders of its operational reliability.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced the acquisition of a solar energy development project in the Puglia region of Italy, through its subsidiary WESOLAR S.R.L. This acquisition includes a 10 MWp solar project and a battery energy storage system (BESS) designed to optimize energy production profitability by storing and reselling electricity during peak price periods. The Puglia project is part of Zenith’s strategic expansion in Italy, complementing its existing projects in Piedmont and Lazio, and aims to achieve ‘Ready-to-Build’ status within 12-16 months. This move strengthens Zenith’s position in the renewable energy market, leveraging Italy’s favorable conditions for solar power and the growing importance of energy storage solutions.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has received approval for the listing of its Swedish Depository Receipts on the Spotlight Stock Market, with trading set to commence on October 7, 2025. This development marks a significant step in Zenith’s market expansion strategy, potentially enhancing its visibility and accessibility to investors, thereby strengthening its position in the energy sector.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced that its CEO, Andrea Cattaneo, and CFO, Luca Benedetto, have participated in the company’s recent equity issuance related to its admission to the Spotlight Stock Market in Sweden. Cattaneo subscribed for over 5.6 million new common shares, increasing his stake to 10.33% of the company’s total issued and outstanding shares, while Benedetto subscribed for over 1.6 million shares, raising his stake to 2.96%. This move signifies strong internal confidence in Zenith’s strategic direction and market expansion efforts, potentially enhancing its market positioning and stakeholder value.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. announced the results of its Swedish Depository Receipts (SDR) offering, which is part of its planned listing on the Spotlight Stock Market. The offering was subscribed to approximately SEK 6.9 million, with the remaining portion covered by guarantors, resulting in a total of SEK 19.9 million before costs. The company’s SDRs are set to begin trading on October 7, 2025. This move is expected to enhance Zenith’s market presence and attract new investors, supporting its growth strategy.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced the final submission of its claims in an international arbitration case against the Republic of Tunisia at the International Centre for Settlement of Investment Disputes. The company has appointed TWCOG LLP as an expert advisory firm to reassess the damages, which have now been quantified at $572.65 million, up from a previous claim of $503 million. This arbitration stems from Tunisia’s failure to comply with an investment treaty, and the final hearings are scheduled for April 2026. The outcome of this arbitration could significantly impact Zenith’s operations and financial standing, as well as its position in the energy industry.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has filed final submissions in its international arbitration case against the Republic of Tunisia at the ICSID, seeking damages of $572.65 million for breaches of an investment treaty. The company has appointed TWCOG LLP to reassess damages and is supported by legal counsel from Clay Arbitration and Charles Russell Speechlys, with final hearings expected in April 2026.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced its intention to raise approximately SEK 16.3 million through the offering of Swedish Depository Receipts (SDRs) as part of its planned listing on the Spotlight Stock Market. The offering is supported by top-down guarantee commitments from external investors and subscription intentions from the company’s board and management, covering around 65.2% of the total offering. This move is seen as a strategic step to expand its investor base and enhance access to Nordic capital markets, potentially strengthening its market position.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced the acquisition of a solar energy project in the Puglia region of Italy, enhancing its solar portfolio managed by its subsidiary WESOLAR S.R.L. The project, with a capacity of 6 MWp, is in the development stage and is expected to consolidate Zenith’s presence in Puglia, complementing its existing projects in Piedmont and Lazio. This acquisition is part of Zenith’s strategy to build a diversified and scalable solar portfolio, aiming to improve operational efficiencies and deliver sustainable value for shareholders.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. is challenging an ICC-2 arbitration award in the Swiss Federal Court, citing procedural irregularities and undisclosed connections between the Arbitral Tribunal and the Republic of Tunisia. The company believes these issues compromised the fairness of the proceedings and expects a different outcome from an independent tribunal.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has received conditional approval for listing its Swedish Depositary Receipts (SDRs) on the Spotlight Stock Market. The company plans to issue SDRs to raise approximately SEK 25 million, aiming to expand its shareholder base and strengthen its presence in the Swedish market. The funds will support the development of solar energy projects in Italy and enhance working capital. This move is expected to increase awareness and support Zenith’s growth ambitions.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced the acquisition of a second agrivoltaic solar energy development project in the Lazio region of Italy, expanding its capacity in the area to 15 MWp. This acquisition strengthens Zenith’s solar portfolio in Italy, complementing its existing projects in Piedmont, and is expected to enhance operational efficiencies and long-term portfolio value. The company projects significant revenue generation from its solar energy portfolio, with an estimated EUR 85.5 million in gross revenue over the first decade of operation.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has announced a significant update regarding its solar project in Piedmont, Italy. The project, initially planned as a 7 MWp agrivoltaic development, has been reclassified as a 10 MWp solar energy project due to recent regulatory changes. This reclassification is expected to enhance the project’s economics, streamline its technical profile, and increase potential electricity production and revenue generation, thereby strengthening Zenith’s position in the Italian solar energy market.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £4.00 price target. To see the full list of analyst forecasts on Zenith Energy stock, see the GB:ZEN Stock Forecast page.
Zenith Energy Ltd. has successfully made full coupon payments for its multi-currency Euro Medium Term Notes issued on the Vienna Stock Exchange. This move underscores the company’s financial stability and commitment to its investors, potentially enhancing its reputation in the energy sector and among stakeholders.
Zenith Energy Ltd. announced that its CEO and President, Andrea Cattaneo, has purchased 650,000 common shares of the company, increasing his total shareholding to 10.12% of the company’s total issued and outstanding common share capital. This move signifies a strong vote of confidence in the company’s future prospects and could positively influence stakeholder perceptions and market positioning.
Zenith Energy Ltd. announced that its Chief Financial Officer, Luca Benedetto, has purchased 633,000 common shares of the company, increasing his total shareholding to 14,642,330 shares, which represents 2.91% of the company’s total issued share capital. This purchase reflects confidence in the company’s strategic focus on developing proven energy production assets and exploring low-risk opportunities, potentially strengthening its market position and stakeholder confidence.
Zenith Energy Ltd. has acquired five agrivoltaic solar energy projects in Piedmont, Italy, through its subsidiary WESOLAR S.R.L., marking its largest solar acquisition to date. This strategic move expands Zenith’s solar portfolio to over 50 MWp, enhancing its long-term revenue potential and positioning it as a key player in the agrivoltaic sector, with plans for further expansion and partnerships with major utility companies.
Zenith Energy Ltd. has announced the acquisition of a 10 MWp agrivoltaic solar energy project in Lazio, Italy, through its subsidiary WESOLAR S.R.L. This acquisition is part of Zenith’s strategic goal to build a 20 MWp solar portfolio by the end of 2025. The project integrates agricultural activities with solar energy production, supporting sustainable practices. The acquisition is expected to reach Ready-to-Build status within a year, and Zenith plans to leverage favorable financing options in Italy to accelerate its expansion.
Zenith Energy Ltd. announced the exercise of warrants by certain investors, including a Non-Executive Director, raising approximately US$308,000 and resulting in the issuance of over 10 million new common shares. This move is expected to enhance the company’s capital structure and potentially improve its market position, with the new shares to be listed on the London Stock Exchange within a year.