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ZenaTech, Inc.

NasdaqCM:ZENA Stock Report

Market Cap: US$124.9m

  • Company Overview
  • Valuation
  • Future Growth
  • Past Performance
  • Financial Health
  • Dividend
  • Management
  • Ownership
  • Other Information
  • Stock Community

ZenaTech Past Earnings Performance

Past criteria checks 0/6

ZenaTech's earnings have been declining at an average annual rate of -107%, while the Software industry saw earnings growing at 31.8% annually. Revenues have been growing at an average rate of 85% per year.

Key information

-106.97%

Earnings growth rate

-99.38%

EPS growth rate

Software Industry Growth17.33%
Revenue growth rate84.98%
Return on equity-80.72%
Net Margin-332.79%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Seeking Alpha • Aug 18

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 Alpha
Analysis Article • Mar 31

ZenaTech: 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.
User avatar
New Narrative • Mar 18

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.
Analysis Article • Oct 07

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...
Analysis Article • Jan 05

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...
Seeking Alpha • Jan 04

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 Alpha

Revenue & Expenses Breakdown

How ZenaTech makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqCM:ZENA Revenue, expenses and earnings (CAD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 2620-67610
31 Dec 2513-45360
30 Sep 258-26220
30 Jun 254-15140
31 Mar 253-980
31 Dec 242-450
30 Sep 242-120
30 Jun 242010
31 Mar 242010
31 Dec 232010
30 Sep 232020
30 Jun 232020
31 Mar 233020
31 Dec 223030
31 Dec 212020

Quality Earnings: ZENA is currently unprofitable.

Growing Profit Margin: ZENA is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ZENA is unprofitable, and losses have increased over the past 5 years at a rate of 107% per year.

Accelerating Growth: Unable to compare ZENA's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ZENA is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (27.2%).


Return on Equity

High ROE: ZENA has a negative Return on Equity (-80.72%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 23:59
End of Day Share Price 2026/09/10 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
  • SEC Form 10-K
  • SEC Form 10-Q
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
  • Analyst Research Reports
  • Blue Matrix
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
  • ICE Market Data
  • SEC Form S-1
Ownership10 years
  • Top shareholders
  • Insider trading
  • SEC Form 4
  • SEC Form 13D
Management10 years
  • Leadership team
  • Board of directors
  • SEC Form 10-K
  • SEC Form DEF 14A
Key Developments10 years
  • Company announcements
  • SEC Form 8-K

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

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.

AnalystInstitution
Barry SineLitchfield Hills Research, LLC
Matthew GalinkoMaxim Group

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