Logo

ZENA

ZenaTech, Inc.

ZENA

ZenaTech, Inc. • NASDAQ
$3.46 ▼ -1.85% (-0.07)
Market Cap $88.11 M
52w High $12.20
52w Low $1.82
Dividend Yield 0%
P/E 86.38
Volume 528.64K
Outstanding Shares 25.50M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $4.345M ▲ $8.72M ▲ $-12.272M ▼ -282.411% ▼ $-0.34 ▼ $-11.804M ▼
Q2-2025 $2.242M ▲ $5.554M ▲ $-6.122M ▼ -273.079% ▲ $-0.19 ▼ $-3.309M ▼
Q1-2025 $1.136M ▲ $4.036M ▲ $-4.61M ▼ -405.962% ▲ $-0.18 ▼ $-2.871M ▼
Q4-2024 $673.299K ▲ $2.902M ▲ $-3.416M ▼ -507.386% ▼ $-0.15 ▼ $-2.384M ▼
Q3-2024 $327.878K $855.369K $-688.062K -209.853% $-0.04 $-445.343K

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $19.531M ▲ $78.553M ▲ $37.343M ▲ $41.209M ▲
Q2-2025 $10.286M ▲ $52.938M ▲ $21.043M ▲ $31.894M ▲
Q1-2025 $2.787M ▼ $38.099M ▲ $19.515M ▲ $18.585M ▼
Q4-2024 $3.754M ▲ $34.646M ▲ $12.827M ▲ $21.819M ▲
Q3-2024 $130.843K $22.002M $10.868M $11.135M

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $-8.91M ▼ $-6.92M ▼ $-4.568M ▼ $17.49M ▼ $-163.622K ▼ $-8.361M ▼
Q2-2025 $-6.08M ▼ $-5.926M ▼ $-3.43M ▼ $18.154M ▲ $7.498M ▲ $-7.447M ▼
Q1-2025 $-4.652M ▼ $-4.917M ▲ $-1.521M ▼ $5.469M ▼ $-966.854K ▼ $-5.671M ▲
Q4-2024 $-3.416M ▼ $-5.578M ▼ $-1.5M ▼ $9.977M ▲ $3.623M ▲ $-5.936M ▼
Q3-2024 $-504.454K $-2.201M $-29.947K $2.553M $74.513K $-2.23M

Five-Year Company Overview

Income Statement

Income Statement ZenaTech appears to be essentially pre‑revenue in the disclosed history, with no meaningful sales yet showing up. Earnings per share are modestly negative and have stayed that way, which is typical for a young, R&D‑heavy tech company still building products and markets rather than monetizing at scale. The main takeaway: this is a story where costs come first and revenue is expected later, so reported profits are not yet a useful indicator of the business’s ultimate potential.

Balance Sheet

Balance Sheet The balance sheet looks very small and early‑stage, with only a thin layer of assets and equity and a modest amount of debt. This suggests a company that is still in the build‑out phase rather than one with a large installed base of customers or equipment. The limited financial cushion means that growth plans and ongoing R&D will likely depend on continued access to outside capital, and even small changes in funding or spending can have a noticeable impact on its financial position.

Cash Flow

Cash Flow Cash flow from operations is negative, and there is no sign yet of the kind of steady cash inflow that comes from mature customer relationships. Free cash flow is likewise negative, reflecting cash being consumed to run and develop the business rather than generated from it. For a company at this stage, the key question is whether it can eventually convert its technology and contracts into a self‑funding business before cash needs force repeated capital raises.

Competitive Edge

Competitive Edge ZenaTech is trying to carve out a defensible position by combining advanced drones, specialized software, and a subscription‑style “Drone as a Service” model. Its design patent on the ZenaDrone 1000, focus on tailored industry solutions, and acquisition of surveying and engineering firms all help build switching costs and a built‑in customer base. At the same time, it operates in crowded, fast‑moving markets—commercial drones, defense tech, and enterprise software—where larger, well‑funded rivals and rapid technological change remain significant competitive pressures.

Innovation and R&D

Innovation and R&D The company’s strategy leans heavily on innovation: advanced drone designs, AI‑driven autonomy, a quantum computing initiative for real‑time data processing, and emerging Counter‑UAS defense technology. It is also layering on cloud software and a service model around this hardware. If executed well, these efforts could create a differentiated, integrated platform; however, many of these projects are early, complex, and capital‑intensive, so there is substantial execution, timing, and technical risk around how much of this pipeline turns into dependable, commercial products.

Summary

Overall, ZenaTech looks like a very early‑stage, high‑innovation technology story: minimal historical revenue, ongoing losses, a thin balance sheet, and negative cash flow, paired with an ambitious product roadmap and acquisition‑driven expansion plan. The future of the business depends less on current financials and more on whether it can: convert its Drone‑as‑a‑Service concept into stable recurring revenue; successfully integrate acquired firms; win and retain customers in agriculture, infrastructure, defense, and logistics; and manage its cash needs without overextending. It is a classic high‑uncertainty, high‑potential profile where execution and capital discipline will matter as much as the technology itself.

NEWS

November 25, 2025 · 8:00 AM UTC

ZenaTech's ZenaDrone Establishes Washington, D.C. Area Office Strengthening US Defense Revenue Opportunities and Federal Government Market Access

Read more

November 20, 2025 · 8:15 AM UTC

ZenaTech Signs Offer to Acquire Utah Surveying Firm, Expanding Drone as a Service into the Solar Infrastructure Market

Read more

November 18, 2025 · 8:00 AM UTC

ZenaTech Expands Drone as a Service into Colorado's Commercial and Agricultural Markets Closing the Company's 12th Acquisition, Rampart Surveys

Read more

November 13, 2025 · 9:35 AM UTC

ZenaTech's Drone as a Service Drives 82% of Q3 2025 Revenue as Company Advances Toward Goal of 25 Acquisitions by Mid-2026

Read more

November 11, 2025 · 7:30 AM UTC

ZenaTech Reports Record 1,225% Year-Over-Year Revenue Growth in Q3, 2025 and 6X Growth for First Nine Months of Year as Drone as a Service Business Expansion Accelerates

Read more