Zedcor (TSXV:ZDC) - Stock Price, News & Analysis

ZDC Stock Overview

Provides technology-based security and surveillance services in Canada.

ZDC fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	1/6
Financial Health	1/6
Dividends	0/6

Rewards

Revenue is forecast to grow 36.91% per year

Analysts in good agreement that stock price will rise by 23.9%

Risk Analysis

Interest payments are not well covered by earnings

High level of non-cash earnings

Does not have a meaningful market cap (CA$136M)

Profit margins (5.8%) are lower than last year (26.1%)

+ 2 more risks

Zedcor Inc. Competitors

Enterprise Group

TSX:E

CA$67.5m

Goodfellow

TSX:GDL

CA$118.0m

Wajax

TSX:WJX

CA$572.8m

Taiga Building Products

TSX:TBL

CA$414.5m

Price History & Performance

Summary of all time highs, changes and price drops for Zedcor
Historical stock prices
Current Share Price	CA$1.48
52 Week High	CA$1.49
52 Week Low	CA$0.48
Beta	2.43
11 Month Change	8.82%
3 Month Change	42.31%
1 Year Change	138.71%
33 Year Change	236.36%
5 Year Change	920.69%
Change since IPO	322.86%

Recent updates

Shareholders Shouldn’t Be Too Comfortable With Zedcor's (CVE:ZDC) Strong Earnings

Nov 22

We Think Zedcor (CVE:ZDC) Is Taking Some Risk With Its Debt

Aug 18

A Look At The Fair Value Of Zedcor Inc. (CVE:ZDC)

May 04

Is Zedcor (CVE:ZDC) Using Too Much Debt?

Feb 24

These 4 Measures Indicate That Zedcor (CVE:ZDC) Is Using Debt Extensively

Oct 19

Zedcor (CVE:ZDC) Has Debt But No Earnings; Should You Worry?

May 27

Is Zedcor (CVE:ZDC) Weighed On By Its Debt Load?

Feb 11

Shareholder Returns

	ZDC	CA Trade Distributors	CA Market
7D	13.8%	1.0%	-0.3%
1Y	138.7%	4.9%	10.9%

Return vs Industry: ZDC exceeded the Canadian Trade Distributors industry which returned 3.9% over the past year.

Return vs Market: ZDC exceeded the Canadian Market which returned 10.1% over the past year.

Price Volatility

Is ZDC's price volatile compared to industry and market?
ZDC volatility
ZDC Average Weekly Movement	9.2%
Trade Distributors Industry Average Movement	3.8%
Market Average Movement	8.1%
10% most volatile stocks in CA Market	16.7%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: ZDC's share price has been volatile over the past 3 months.

Volatility Over Time: ZDC's weekly volatility (9%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2005	100	Todd Ziniuk	zedcor.com

Zedcor Inc. provides technology-based security and surveillance services in Canada. It engages in the provision of rental, service, and remote monitoring of its proprietary MobileyeZ security towers; surveillance and monitoring of fixed site locations; and security personnel. The company also engages in mobile and fixed surveillance, security guards, access control, and sensor related technology services.

Zedcor Inc. Fundamentals Summary

How do Zedcor's earnings and revenue compare to its market cap?
ZDC fundamental statistics
Market cap	CA$136.09m
Earnings (TTM)	CA$1.43m
Revenue (TTM)	CA$24.58m

95.8x

P/E Ratio

5.6x

P/S Ratio

Is ZDC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
ZDC income statement (TTM)
Revenue	CA$24.58m
Cost of Revenue	CA$12.50m
Gross Profit	CA$12.09m
Other Expenses	CA$10.66m
Earnings	CA$1.43m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Aug 13, 2024

Earnings per share (EPS)	0.015
Gross Margin	49.17%
Net Profit Margin	5.82%
Debt/Equity Ratio	177.9%

How did ZDC perform over the long term?

See historical performance and comparison

ZDC Stock Overview

Rewards

Risk Analysis

Zedcor Inc. Competitors

TSX:E

CA$67.5m

TSX:GDL

CA$118.0m

TSX:WJX

CA$572.8m

TSX:TBL

CA$414.5m

Price History & Performance

Recent News & Updates

Zedcor Inc. to Report Q2, 2024 Results on Aug 13, 2024

Independent Director recently sold CA$1.9m worth of stock

President exercised options and sold CA$120k worth of stock

Price target increased by 13% to CA$1.63

First quarter 2024 earnings released: CA$0.006 loss per share (vs CA$0.011 profit in 1Q 2023)

Zedcor Inc. announced that it has received CAD 10 million in funding

Recent updates

Zedcor Inc. to Report Q2, 2024 Results on Aug 13, 2024

Independent Director recently sold CA$1.9m worth of stock

President exercised options and sold CA$120k worth of stock

Price target increased by 13% to CA$1.63

First quarter 2024 earnings released: CA$0.006 loss per share (vs CA$0.011 profit in 1Q 2023)

Zedcor Inc. announced that it has received CAD 10 million in funding

Investor sentiment improves as stock rises 23%

Zedcor Inc. has filed a Follow-on Equity Offering in the amount of CAD 4 million.

Zedcor Inc. has filed a Follow-on Equity Offering in the amount of CAD 4 million.

Zedcor Inc.'s (CVE:ZDC) Shares Climb 30% But Its Business Is Yet to Catch Up

Shaky Earnings May Not Tell The Whole Story For Zedcor (CVE:ZDC)

Corporate Secretary exercised options and sold CA$114k worth of stock

Full year 2023 earnings released: EPS: CA$0.036 (vs CA$0.089 in FY 2022)

Price target increased by 14% to CA$1.20

Investor sentiment improves as stock rises 23%

Zedcor Inc., Annual General Meeting, May 23, 2024

Chief Revenue Officer exercised options and sold CA$86k worth of stock

Zedcor Inc.'s (CVE:ZDC) Business And Shares Still Trailing The Market

Chief Revenue Officer exercised options and sold CA$70k worth of stock

These 4 Measures Indicate That Zedcor (CVE:ZDC) Is Using Debt Extensively

New minor risk - Shareholder dilution

New major risk - Financial position

Third quarter 2023 earnings released: EPS: CA$0.004 (vs CA$0.014 in 3Q 2022)

Insufficient new directors

Second quarter 2023 earnings released: EPS: CA$0.034 (vs CA$0.022 in 2Q 2022)

Why Investors Shouldn't Be Surprised By Zedcor Inc.'s (CVE:ZDC) P/S

President & CEO recently bought CA$290k worth of stock

First quarter 2023 earnings released: EPS: CA$0.011 (vs CA$0.007 in 1Q 2022)

Full year 2022 earnings released: EPS: CA$0.089 (vs CA$0.027 loss in FY 2021)

Shareholders Shouldn’t Be Too Comfortable With Zedcor's (CVE:ZDC) Strong Earnings

Zedcor Inc. announced that it has received CAD 3 million in funding

Third quarter 2022 earnings released: EPS: CA$0.014 (vs CA$0.005 in 3Q 2021)

Second quarter 2022 earnings released: EPS: CA$0.022 (vs CA$0.017 loss in 2Q 2021)

We Think Zedcor (CVE:ZDC) Is Taking Some Risk With Its Debt

Zedcor Inc., Annual General Meeting, Sep 21, 2022

First quarter 2022 earnings: EPS in line with expectations, revenues disappoint

A Look At The Fair Value Of Zedcor Inc. (CVE:ZDC)

Independent Director exercised options to buy CA$2.0m worth of stock.

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Zedcor Inc. announced that it has received CAD 0.35 million in funding

Zedcor Inc. announced that it expects to receive CAD 0.35 million in funding

Third quarter 2021 earnings: EPS in line with analyst expectations despite revenue beat

Is Zedcor (CVE:ZDC) Using Too Much Debt?

Third quarter 2021 earnings released: EPS CA$0.005 (vs CA$0.018 loss in 3Q 2020)

These 4 Measures Indicate That Zedcor (CVE:ZDC) Is Using Debt Extensively

Second quarter 2021 earnings released: CA$0.016 loss per share (vs CA$0.012 loss in 2Q 2020)

Director recently bought CA$61k worth of stock

Zedcor (CVE:ZDC) Has Debt But No Earnings; Should You Worry?

First quarter 2021 earnings released: EPS CA$0.004 (vs CA$0.005 loss in 1Q 2020)

Full year 2020 earnings released: CA$0.085 loss per share (vs CA$0.15 loss in FY 2019)

New 90-day high: CA$0.26

Zedcor Inc. Signs 21-Month, $1.8 Million Agreement with Construction Partnership to Provide Hybrid MobileyeZ Security Towers

New 90-day high: CA$0.23

Is Zedcor (CVE:ZDC) Weighed On By Its Debt Load?

Zedcor Inc. Announces Rental and Service Agreement with A Major Pipeline Contractor

New 90-day high: CA$0.21

Third quarter 2020 earnings released: CA$0.018 loss per share

Earnings released

Shareholder Returns