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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 initiated a tender for constructing solar energy projects in Italy’s Puglia region, with a total capacity of 7 MWp. The first project, Andria-1, is ready to build, while Andria-2 and Barletta-1 are in development and expected to be ready within four months. These projects benefit from favorable grid connections and reduced construction costs, positioning Zenith strategically in the region. The company is negotiating with banks to finance up to 90% of construction costs, aiming to generate revenue from renewable energy and expand its project pipeline.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £3.00 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, expanding its solar portfolio to over 100 MWp. This acquisition includes a 12 MWp photovoltaic capacity and a 3 MW Battery Energy Storage System, enhancing the company’s strategic presence in Italy’s renewable energy sector. The project is expected to reach Ready-to-Build status within 12-16 months, with Zenith planning to sell portions of its development portfolio to generate immediate profit while also constructing selected assets to create long-term revenue streams. This dual approach aims to strengthen Zenith’s financial profile and support sustained growth in solar and storage markets.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £2.50 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 submitted applications for exploration permits for Italy’s largest uranium deposits, Val Vedello and Novazza, marking a significant step in the redevelopment of these resources. The acceptance of these applications by the Lombardy region is a milestone, positioning Zenith to advance its exploration program, which aligns with Italy’s evolving energy strategy that now shows openness to nuclear energy development. The company plans to leverage existing infrastructure to minimize costs and expedite exploration, aiming to establish a significant market presence in the uranium sector.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £2.50 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 from the UK Financial Conduct Authority for the publication of its UK prospectus, facilitating the admission of 219,808,136 common shares to the London Stock Exchange’s Main Market. This move, which does not involve issuing new shares, is expected to enhance Zenith’s market presence and provide greater transparency to stakeholders.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £2.50 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 a partial victory in a legal case against SMP Energies, where the Paris Commercial Court recognized some of Zenith’s claims but awarded only 160,000 EUR in compensation. Despite the court’s acknowledgment of Zenith’s arguments, a larger invoice from SMP remains payable due to contractual terms. Zenith plans to appeal the decision, highlighting the case’s long history and its impact on their operations in the Tilapia oilfield, and remains confident in the company’s strategic direction.
The most recent analyst rating on (GB:ZEN) stock is a Hold with a £3.00 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 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.