ZenaTech Management
Management criteria checks 3/4
ZenaTech's CEO is Shaun Passley, appointed in Aug 2017, has a tenure of 9.08 years. total yearly compensation is CA$640.00K, comprised of 28.1% salary and 71.9% bonuses, including company stock and options. directly owns 7.96% of the company’s shares, worth $9.95M. The average tenure of the management team and the board of directors is 5.5 years and 8.7 years respectively.
Key information
Shaun Passley
Chief executive officer
CA$640.0k
Total compensation
| CEO salary percentage | 28.13% |
| CEO tenure | 9.1yrs |
| CEO ownership | 8.0% |
| Management average tenure | 5.5yrs |
| Board average tenure | 8.7yrs |
Recent management updates
Recent updates
ZenaTech's Rapid Growth Comes With Dilution And Limited Transparency
Summary ZenaTech is rated Sell due to high cash burn, dilution, and lack of transparency despite headline revenue growth. Most of ZENA's revenue growth is acquired, not organic, with limited evidence of proprietary drone integration or profitability. Acquisitions are funded through seller notes, credit facilities, and aggressive equity issuance, nearly doubling the share count in seven months. ZENA provides minimal disclosure on organic growth, drone-driven revenue, or acquisition profitability, leaving shareholders exposed to significant execution risk. Read the full article on Seeking AlphaZenaTech: A big bet on the rise of AI drones and drones-as-a-service
ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers.
ZenaTech: A big bet on the rise of AI drones and drones-as-a-service
Key Takeaways ZenaTech is focusing its efforts into building AI drones, combining Drone as a Service, SaaS, and AI as its key revenue drivers. Previously building software for agriculture, ZenaTech has shifted rapidly toward drone services, now driving ~70% of revenue after recent acquisitions.Would ZenaTech (NASDAQ:ZENA) Be Better Off With Less Debt?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...We Think ZenaTech (NASDAQ:ZENA) Has A Fair Chunk Of Debt
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...ZenaTech's Drone Business Has Potential, But Wait For Proof
Summary ZenaTech (ZENA) is a speculative investment with potential, focusing on drone technology and diversified software enterprises. Rated as a Hold. The company has a complex business model with multiple acquisitions and diverse operations, raising concerns about management's ability to integrate and supervise effectively. Financially, ZenaTech showed a modest revenue increase but remains unprofitable, with significant debt and a high Price/Sales ratio. The drone sector, driven by defense contracts and AI advancements, holds promise for ZenaTech, but investors should wait for tangible profitability. Read the full article on Seeking AlphaCEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | -CA$67m |
| Dec 31 2025 | CA$640k | CA$180k | -CA$45m |
| Sep 30 2025 | n/a | n/a | -CA$26m |
| Jun 30 2025 | n/a | n/a | -CA$15m |
| Mar 31 2025 | n/a | n/a | -CA$9m |
| Dec 31 2024 | CA$243k | n/a | -CA$4m |
| Sep 30 2024 | n/a | n/a | -CA$790k |
| Jun 30 2024 | n/a | n/a | -CA$315k |
| Mar 31 2024 | n/a | n/a | -CA$248k |
| Dec 31 2023 | n/a | n/a | -CA$242k |
| Sep 30 2023 | n/a | n/a | -CA$466k |
| Jun 30 2023 | n/a | n/a | -CA$134k |
| Mar 31 2023 | n/a | n/a | -CA$22k |
| Dec 31 2022 | CA$48k | n/a | CA$14k |
Compensation vs Market: Shaun's total compensation ($USD462.63K) is about average for companies of similar size in the US market ($USD649.34K).
Compensation vs Earnings: Shaun's compensation has increased whilst the company is unprofitable.
CEO
Shaun Passley (48 yo)
Dr. Shaun A. Passley, Ph.D. serves as President, Chief Financial Officer and Secretary at GlobalTek Ventures, Inc. (formerly known as Ameritek Ventures, Inc.) since 2020 and also serves as its Chief Operat...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.1yrs | CA$640.00k | 7.96% $ 9.9m | |
| CFO, Corporate Secretary & Director | 9.1yrs | CA$150.00k | 0.52% $ 653.3k | |
| Company Secretary & Director | 1.9yrs | CA$100.00k | 0.20% $ 246.9k | |
| Chief Technology Officer | 1.9yrs | no data | no data | |
| Vice President of Corporate Development | no data | no data | no data | |
| Vice President of Business Development - EMEA | no data | no data | no data |
Experienced Management: ZENA's management team is seasoned and experienced (5.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 9.1yrs | CA$640.00k | 7.96% $ 9.9m | |
| CFO, Corporate Secretary & Director | 9.1yrs | CA$150.00k | 0.52% $ 653.3k | |
| Company Secretary & Director | 8.7yrs | CA$100.00k | 0.20% $ 246.9k | |
| Independent Director | 8.7yrs | CA$20.00k | 0.071% $ 88.5k | |
| Independent Director | 8.7yrs | CA$20.00k | 0.071% $ 88.5k | |
| Independent Director | 3.7yrs | CA$20.00k | 0.027% $ 33.8k | |
| Independent Director | 3.7yrs | CA$20.00k | 0.036% $ 44.7k |
Experienced Board: ZENA's board of directors are considered experienced (8.7 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/10 23:59 |
| End of Day Share Price | 2026/09/10 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
ZenaTech, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Barry Sine | Litchfield Hills Research, LLC |
| Matthew Galinko | Maxim Group |