ZenaTech Inc T.ZENA

Primary Symbol: ZENA

Technology Software - Application

ZenaTech, Inc. is a Canada-based technology company specializing in artificial intelligence (AI) drone solutions and enterprise SaaS solutions for mission-critical business applications. Its solutions include Drone Technology Solutions and Enterprise Software Solutions. Its drone technology solutions include ZenaDrone 1000 and ZenaDrone IQ. The ZenaDrone 1000 is a drone that combines software technology and custom hardware components, catering to diverse industries. The ZenaDrone IQ series is designed for indoor hovering with autonomous inspection and monitoring capabilities. Its ZenaDrone solutions are used for agriculture, defense, and logistics applications. Its enterprise software solutions are TillerStack, SystemView, WorkAware, PsPortals, Pace +, and ZigVoice. Its Enterprise Software solutions are used by customers in government, law enforcement, health, telecom and industrial sectors for a variety of compliance, safety, field service, and records management applications.

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ZenaTech Inc > EBITDA Profits

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Comment by predawnon Aug 16, 2020 4:36pm

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Post# 31415300

RE:EBITDA Profits

and this tidbit everyone overlooks ""Zenabis. Adjusted EBITDA for the second quarter of $3.1-million represents a 31-per-cent improvement over the prior quarter, which itself was the first positive EBITDA quarter in the company's history. Additionally, the continuing financial improvements are manifest in the company's cash flows with cash used in operating activities in Q2 2020 of $3.9-million, compared to $14.3-million in the prior quarter and $17-million in the second quarter of 2019.

Bobwilly wrote:
For those who were wondering/questioning the source of which the information was coming from regarding the 2 straight quarters of profits for EBITDA, this is pulled straight from the financial report, only the 3rd and 4th sentence as you start reading.

"Q2 2020 Adjusted EBITDA of $3.1 million compared to $2.3 million in Q1 2020"