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ZenaTech Inc T.ZENA


Primary Symbol: ZENA

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.


NDAQ:ZENA - Post by User

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Post by Jimmy713on Apr 01, 2021 6:27am
144 Views
Post# 32920880

Should be a green day

Should be a green dayHere is what I really like:
Fourth Quarter 2020
  • Net revenue increased 10% to $13.2 million from $12.1 million 
  • EBITDA for the quarter totaled $672 thousand , compared to $3.1 million last quarter and negative $11.2 million in Q4 2019
Full Year 2020
  • Net revenue increased 95% to $59.3M from $30.4M
  • EBITDA totaled $3.5M, compared to negative $38.7M in 2019;
  • Loss from operations of $2.3 million compared to $59.2 million in the prior year;
  • Loans and borrowing decreased $88.2 million from $153.9 million to $65.7 million ;
  • Net cash used in operations was $17.5 million compared to $78.6 million in 2019.
I see we still have high net loss, but it is really acceptable and expected and within the line with all competitors.

Good luck to all
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