Zedcor Inc. Announces Second Quarter Results for 2024, Including Record Revenues and Record Adjusted EBITDA of $2.7 Million
Calgary, Alberta--(Newsfile Corp. - August 13, 2024) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") today announced its financial and operating results for the three and six months ended June 30, 2024. Highlights include:Record quarterly revenue of $7.4 million, representing an increase of 20% quarter-over-quarterRecord quarterly Adjusted EBITDA of $2.7 million, representing 37% of revenue and an increase of 42% quarter-over-quarterDeployed 178 MobileyeZTM security towers throughout...
2024-08-13 8:00 PM EDT
Zedcor Inc. Announces Timing of Second Quarter Financial Results Conference Call
Calgary, Alberta--(Newsfile Corp. - August 12, 2024) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") is pleased to announce that the Company will release its second quarter financial results for the period ended June 30, 2024, after markets close on Tuesday, August 13, 2024.The Company will also host a conference call to discuss the results on Wednesday, August 14 at 10:00 am ET (8:00 am MT). The call will be hosted by Todd Ziniuk, President & CEO, and Amin...
2024-08-12 6:30 AM EDT
Zedcor Provides Operations Update and Announces Release Date for 2024 Second Quarter Results
Calgary, Alberta--(Newsfile Corp. - July 23, 2024) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") is pleased to provide a mid-year operations update, demonstrating continued execution from its ongoing U.S. expansion, manufacturing activities, and Canadian operations. Specifically, the Company is reporting:U.S. expansion in Colorado is well underway to complement the Company's operations across Texas;MobileyeZ™ tower fleet now exceeds 1,000 currently deployed, with approximately 15% of...
2024-07-23 6:00 AM EDT
Zedcor Inc. Announces Grant of Restricted Share Units
Calgary, Alberta--(Newsfile Corp. - July 9, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announced that on July 8, 2024, 125,000 Restricted Share Units ("RSUs") were granted to an employee of the Company pursuant to the Company's fixed 10% RSU/DSU plan and will expire three years from the date of grant. The RSUs will vest as to one third thereof on each of the first, second and third anniversaries of the date of grant.About Zedcor Inc.Zedcor Inc., a...
2024-07-09 7:34 PM EDT
Zedcor Inc. Announces Expanded MobileyeZ Service Agreement for a Leading North American Home Improvement Retailer and Strengthens Balance Sheet
Calgary, Alberta--(Newsfile Corp. - May 29, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that it has expanded its rental and service agreement to provide MobileyeZTM security towers at 23 sites for a leading North American home improvement retailer (the "Customer"). There are ten additional store locations and thirteen locations across Canada for the Customer's capital initiatives program, including new store builds or major renovations. Additionally, the...
2024-05-29 7:11 PM EDT
Zedcor Inc. Announces Election of Directors and Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - May 24, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announces the following individuals were elected directors at the annual meeting of shareholders of the Company, held on May 23, 2024:Wade Felesky Brian McGill Dean Swanberg Dean Shillington Todd ZiniukThe Company also announces today that options to purchase 2,150,000 common shares of the Company were granted to the non-management directors, Wade Felesky, Brian McGill, Dean Swanberg and...
2024-05-24 6:51 PM EDT
Zedcor Inc. Announces First Quarter Results for 2024, MobileyeZ Manufacturing Update and USA Operations Update
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.Calgary, Alberta--(Newsfile Corp. - May 22, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three months ended March 31, 2024.Q1 2024 revenues were $6.1 million and the Company generated adjusted EBITDA of $1.9 million. The Company's successfully continued its customer diversification and revenue growth efforts during the quarter....
2024-05-22 9:13 PM EDT
Zedcor Inc. Announces Closing of $5 Million Bought Deal Offering and $10 Million Concurrent Private Placement Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORFOR DISSEMINATION IN THE UNITED STATES.Calgary, Alberta--(Newsfile Corp. - May 16, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company") is pleased to announce the closing of its previously announced bought deal private placement offering of common shares (the "Offered Shares") of the Company (the "Offering"). The Company entered into an underwriting and agency agreement (the "Underwriting and Agency Agreement") with Beacon Securities...
2024-05-16 1:24 PM EDT
Zedcor Inc. Announces $4 Million Bought Deal and $10 Million Concurrent Private Placement Offering
NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES ORFOR DISSEMINATION IN THE UNITED STATES.Calgary, Alberta--(Newsfile Corp. - May 1, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company") is pleased to announce that it has entered into an agreement with Beacon Securities Limited ("Beacon"), on behalf of a syndicate of underwriters (together with Beacon, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, with a right to arrange for...
2024-05-01 7:01 AM EDT
Zedcor Inc. Announces Fourth Quarter Results for 2024, Diversification of Revenue and Continued USA Expansion
Calgary, Alberta--(Newsfile Corp. - April 10, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three months and twelve months ended December 31, 2023.Q4 2023 revenues were $5.8 million and the Company generated adjusted EBITDA of $1.4 million. The Company's two large pipeline security projects concluded in the fourth quarter of 2023 and the Company was able to diversify its customer base as a result by adding over 190 customers....
2024-04-10 8:48 PM EDT
Zedcor Inc. Announces USA Revenue and Development of 2024 Solar MobileyeZ Model
Calgary, Alberta--(Newsfile Corp. - January 9, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce significant milestones for its US expansion. Zedcor Security Solutions (USA), LLC ("Zedcor Security USA"), a wholly owned subsidiary of Zedcor Inc., is pleased to reports its first-ever revenue generated in the United States. Additionally, Zedcor Manufacturing Solutions (USA), LLC ("Zedcor Manufacturing"), a wholly owned subsidiary of Zedcor Inc., has completed...
2024-01-09 7:30 AM EST
Zedcor Inc. Announces Third Quarter Results for 2023 With Increase in Year Over Year Revenue and $2.3 Million of Adjusted EBITDA
Calgary, Alberta--(Newsfile Corp. - November 16, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three months and nine months ended September 30, 2023.Q3 2023 revenues were $6.4 million, the Company had adjusted EBITDA of $2.3 million and net income before income taxes of $288. This represented an 11% increase in revenues compared to Q3 2022. During the quarter, the Company has allocated approximately 33% of its...
2023-11-16 8:47 PM EST
Zedcor Inc. Announces Expansion into Retail Security with MobileyeZ Service Agreement for a Leading North American Home Improvement Retailer
Calgary, Alberta--(Newsfile Corp. - September 27, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that it has been awarded a rental and service agreement to provide MobileyeZ security towers for a leading North American home improvement retailer (the "Customer"). After a three-month pilot program which began in June 2023 with locations tested in Vancouver, Calgary and London, Ontario, our Customer has entered into a master rental services agreement (the...
2023-09-27 7:00 AM EDT
Zedcor Inc. Announces Awarding of Ottawa O-Line Mobile Security Project
Calgary, Alberta--(Newsfile Corp. - August 28, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that it has been awarded the opportunity to provide mobile security services for the Ottawa O-Line Light Rapid Transit ("LRT") expansion.Currently, Zedcor is providing a total of 15 MobileyeZ security towers to 3 entities associated with Kiewit Corporation. Sites being secured include equipment storage yards, light maintenance and storage facilities and five LRT...
2023-08-28 7:00 AM EDT
Zedcor Inc. Announces Restricted Share Unit Grant
Calgary, Alberta--(Newsfile Corp. - August 17, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") today announces that 100,000 Restricted Share Units (RSUs) were granted to an officer of the Company pursuant to the Company's fixed 10% RSU/DSU plan, and will expire three years from the date of grant. The RSUs will vest as to one third thereof on each of the first, second and third anniversaries of the date of grant.About Zedcor Inc.Zedcor Inc. is a Canadian...
2023-08-17 9:30 PM EDT
Zedcor Inc. Announces Second Quarter Results for 2023 With Increase in Year Over Year Revenue and $0.03 Earnings per Share
Calgary, Alberta--(Newsfile Corp. - August 15, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three months and six months ended June 30, 2023.Q2 2023 revenues were $6.2 million and the Company had net income before income taxes of $2.5 million or $0.03 per share. This represented a 18% increase in revenues compared to Q2 2022 and a 62% increase in net income for June 30, 2023. ...
2023-08-15 9:30 PM EDT
Zedcor Inc. Announces Expanded Fleet of MobileyeZ Security Towers and Provides Update on USA, Geographical Expansion
Calgary, Alberta--(Newsfile Corp. - July 25, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to provide the following updates highlighting its expanded fleet of MobileyeZ Security Towers, USA expansion plans and continued diversification of customer base and industries served."After a busy first half of the year, we were able to expand the size of our fleet by over 34% and we continue to meet our strategic objective of diversifying our business, both geographically and...
2023-07-25 7:00 AM EDT
Zedcor Inc. Announces Expansion of Credit Facility to Fund North American Growth Plans
Calgary, Alberta--(Newsfile Corp. - June 6, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that it has entered into an amended and restated Commitment Letter (the "Amended Commitment Letter") with its primary lender which increases its revolving evergreen equipment financing facility from $6.0 million to $15.0 million. This is an expansion of $9.0 million and, unless market conditions justify an increase to the Company's capital plans for 2023, provides the...
2023-06-06 7:30 PM EDT
Zedcor Inc. Announces Stock Option Grant, Restricted Share Unit Grant and Deferred Share Unit Grant
Calgary, Alberta--(Newsfile Corp. - May 29, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") today announces the following:options to purchase 325,000 common shares of the Company were granted to employees of the Company, with an exercise price of $0.58 per share. The options have been granted pursuant to the Company's 10% rolling stock option plan and will expire five years from the date of grant. All of the options will vest as to one third thereof on each...
2023-05-29 7:30 PM EDT
Zedcor Inc. Announces First Quarter Results for 2023 With 39% Increase in Year Over Year Revenue, $2.1 Million in Adjusted EBITDA and Positive Earnings per Share
Calgary, Alberta--(Newsfile Corp. - May 24, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three months ended March 31, 2023.Q1 2023 revenues were $6.4 million and the Company had net income before income taxes of $0.8 million or $0.01 per share. This represented a 39% increase in revenues compared to Q1 2022 and a 75% increase in net income for March 31, 2023. Zedcor recorded $2.1...
2023-05-24 8:01 PM EDT