Top Page
Zedcor Energy Inc
(ZDC)
Zedcor Energy Inc (ZDC) vs. S&P 500 (SPY)
Zedcor Energy Inc Business Overview & Revenue Model
Zedcor Energy Inc Financial Statement Overview
| Breakdown | |||||
| TTM | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|
| Income Statement | Total Revenue | ||||
| 28.46M | 24.89M | 22.10M | 13.55M | 13.76M | 16.96M | Gross Profit |
| 14.37M | 12.39M | 10.77M | 6.17M | 4.43M | 4.86M | EBIT |
| 1.14M | 3.84M | 4.95M | 1.95M | 293.00K | -485.00K | EBITDA |
| 7.61M | 9.14M | 8.41M | 3.86M | 3.53M | 3.21M | Net Income Common Stockholders |
| 389.00K | 2.65M | 6.00M | -3.90M | -4.68M | -8.04M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
| 161.00K | 1.47M | 571.00K | 108.00K | 761.00K | 170.00K | Total Assets |
| 44.13M | 42.97M | 32.58M | 19.80M | 32.49M | 42.23M | Total Debt |
| 26.04M | 27.61M | 20.68M | 17.02M | 26.88M | 33.12M | Net Debt |
| 25.88M | 26.14M | 20.11M | 16.91M | 26.12M | 32.95M | Total Liabilities |
| 27.96M | 30.86M | 24.09M | 19.40M | 28.47M | 34.03M | Stockholders Equity |
| 16.17M | 12.12M | 8.49M | 398.00K | 4.02M | 8.20M |
| Cash Flow | Free Cash Flow | ||||
| -8.83M | -3.58M | -2.80M | -1.22M | 939.00K | 2.70M | Operating Cash Flow |
| 7.67M | 9.89M | 6.19M | 4.54M | 2.72M | 4.20M | Investing Cash Flow |
| -15.47M | -13.45M | -8.61M | 6.58M | 841.00K | 188.00K | Financing Cash Flow |
| 12.27M | 4.47M | 2.88M | -11.77M | -2.97M | -4.38M |
Zedcor Energy Inc Technical Analysis
Zedcor Energy Inc Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | C$764.79M | 7.41 | 21.89% | 4.54% | 0.84% | -1.74% | |
70 Outperform | $1.37B | 7.42 | 26.23% | 2.14% | 8.79% | 31.76% | |
70 Outperform | C$348.58M | 6.56 | 25.28% | 10.44% | 0.51% | -40.79% | |
65 Neutral | C$311.43M | 167.60 | 7.39% | ― | 11.57% | -97.38% | |
59 Neutral | $10.35M | 0.36 | 2.07% | 24.72% | -59.34% | ― | |
57 Neutral | $7.56B | 4.34 | -4.83% | 6.50% | -0.19% | -64.60% | |
53 Neutral | C$346.18M | 14.37 | -1.55% | ― | -6.00% | -150.20% |
Zedcor Energy Inc Earnings Call Summary
Zedcor Energy Inc Corporate Events
Zedcor Inc. has filed a final short form prospectus for a public offering of common shares, aiming to raise $22,009,500 through a ‘bought deal’ arrangement. The offering is expected to close by February 5, 2025, pending all necessary approvals, with shares conditionally approved for listing on the TSX Venture Exchange. The underwriters have an option to purchase additional shares to cover over-allotments and stabilize the market.
Zedcor Inc., a company listed on TSX Venture, has announced an increase in its previously declared bought deal public offering of common shares, raising gross proceeds of $22,009,500. The offering is underwritten by Beacon Securities Limited with a syndicate of other underwriters and includes an over-allotment option to purchase additional shares, aiming at market stabilization. The shares are being offered in Canada, excluding Quebec, and to eligible international investors through private placement exemptions, but not in the United States due to registration constraints.
Zedcor Inc. has announced a $20 million bought deal public offering, facilitated by Beacon Securities Limited and other underwriters. The proceeds from this offering will be utilized for the expansion of Zedcor’s service platform, increased marketing efforts, and enhancement of its MobileyeZTM security towers fleet, particularly targeting the U.S. market, pending necessary approvals.
Zedcor Inc. has announced record growth in its MobileyeZ™ tower fleet, reaching 1,333 units by the end of 2024, driven primarily by U.S. market demand. The company has expanded its operations to new regions, including Atlanta, Denver, Phoenix, and Las Vegas, and is planning further expansion into Florida. Manufacturing capabilities have been significantly enhanced, allowing Zedcor to produce 100 units per month, supporting its goal of adding 1,200 new units by the end of 2025. This expansion and manufacturing enhancement are expected to strengthen Zedcor’s market position and operational capacity, benefiting stakeholders by increasing utilization rates and profitability.
Zedcor Inc. has secured an expanded $30 million credit facility with ATB Financial, aiming to enhance its financial flexibility and support its expansion plans in the U.S. and Canada. The new facility includes a $20 million term loan and a $10 million revolving loan, providing Zedcor with the resources to expand its MobilieyeZTM fleet and improve its market presence. This strategic financial move positions Zedcor to capitalize on robust demand in both regions.
Zedcor Energy Inc. has achieved record-breaking financial results for the third quarter of 2024, with a 42% increase in revenue and a 49% rise in Adjusted EBITDA, driven by strong performance in both the U.S. and Canadian markets. The company has successfully diversified its customer base and expanded its fleet of MobileyeZ security towers, maintaining high utilization rates. With a focus on U.S. expansion, Zedcor continues to allocate resources to grow its customer base in Canada.
Zedcor Inc. is set to release its third quarter financial results after the market closes on November 13, 2024, followed by a conference call on November 14. The company is known for its innovative MobileyeZ security towers and continues to expand its presence in North America, particularly in the U.S. Midwest and Canada.