TSXV:ZDCTrade Distributors
Zedcor (TSXV:ZDC) Stock Faces Profit Strain Despite Record Revenue
Zedcor stock heads into this earnings reaction with a flat week and a slightly higher month, while still down about 17% over the past quarter. That mix of hesitation and fatigue is the backdrop for a quarter where the headline is simple. Revenue hit a record CA$22.7m and adjusted EBITDA reached CA$8.8m, yet the company reported a quarterly loss.
The market now has to decide whether to focus on the strong cash generation and 39% adjusted EBITDA margin or on the shift from profit to loss. That...