Zedcor Inc. Announces Fourth Quarter and Annual Results for 2022 With 63% Annual Increase in Revenue, $7.6 Million in Annual Adjusted EBITDA and Positive Earnings per Share
Calgary, Alberta--(Newsfile Corp. - April 12, 2023) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three and twelve months ended December 31, 2022.Q4 2022 revenues increased to $6.4 million and the Company had net income before income taxes of $1.1 million or $0.02 per share. This represented a 57% increase in revenues compared to Q4 2021 and a 101% increase in net income for December 31, 2022. ...
2023-04-12 8:36 PM EDT
Zedcor Inc. Announces Third Quarter Results for 2022 With 57% Increase in Revenue, $2.1 Million in Adjusted EBITDA and 226% Increase in Net Income
Calgary, Alberta--(Newsfile Corp. - November 15, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three and nine months ended September 30, 2022.Q3 2022 revenues increased to $5.8 million and the Company had net income of $1.0 million or $0.01 per share. This represented a 57% increase in revenues compared to Q3 2021 and a 226% increase in net income for September 2022. Zedcor recorded $2.1 million...
2022-11-15 8:12 PM EST
Zedcor Places 162 on The Globe and Mail's Fourth-Annual Ranking of Canada's Top Growing Companies
Calgary, Alberta--(Newsfile Corp. - September 26, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce it placed 162, which is in the top half of the 2022 Globe and Mail Report on Business ranking of Canada's Top Growing Companies. Canada's Top Growing Companies ranks Canadian companies on three-year revenue growth and the Company earned its spot with three-year growth of 278%."I am extremely proud of our entire team that helped achieve these results. ...
2022-09-26 7:30 PM EDT
Zedcor Inc. Announces Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - August 18, 2022) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") today announces that options to purchase 350,000 common shares of the Company, with an exercise price of $0.50 per share, were granted to an officer and employees of the Company. 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...
2022-08-18 7:57 PM EDT
Zedcor Inc. Announces Second Quarter Results for 2022 With Record MobileyeZ Security Tower Deployment, 69% Increase in Revenue, 55% Increase in Adjusted EBITDA and $0.02 Earnings Per Share
Calgary, Alberta--(Newsfile Corp. - August 16, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three and six months ended June 30, 2022.Q2 2022 revenues increased to $5.3 million and the Company had net income of $1.5 million or $0.02 per share. This represented a 69% increase in revenues compared to Q2 2021 and reverses a net loss from June 2021. Both numbers are also a high point for...
2022-08-16 10:27 PM EDT
Zedcor Inc. Announces Net Income, First Quarter Results for 2022
Calgary, Alberta--(Newsfile Corp. - May 25, 2022) - Zedcor Inc. (the "Company") (TSXV: ZDC) today announced its financial and operating results for the three months ended March 31, 2022.Q1 2022 revenues increased to $4.6 million and the Company had net income of $0.4 million or $0.01 per share. This represented a 73% increase in revenues compared to the Q1 2021 and reverses a net loss from March 2021. Both numbers are also a high point for the Company...
2022-05-25 9:14 PM EDT
Zedcor Inc. Announces Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - May 3, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announces that options to purchase 325,000 common shares of the Company were granted to employees of the Company, with an exercise price of $0.50 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 of...
2022-05-03 5:31 PM EDT
Zedcor Inc. Announces Expansion of Credit Facility and Contract for Fixed Monitoring Services
Calgary, Alberta--(Newsfile Corp. - April 27, 2022) - 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 provides for a total of $6.0 million in equipment financing.The Company is also pleased to announce that it has entered into a contract with North America's largest equipment auction house (the "Customer") to provide fixed monitoring...
2022-04-27 5:30 PM EDT
Zedcor Inc. Announces Conversion of Series 1 Preferred Shares
Calgary, Alberta--(Newsfile Corp. - April 7, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announces that, further to its press release dated February 28, 2022, the Company has completed the conversion (the "Conversion") of its 4,400,000 outstanding Series 1 preferred shares (the "Series 1 Shares"). The Conversion was completed pursuant to the terms of the Series 1 Shares and pursuant to a conversion notice from Dean Swanberg, a director of the Company and the Company's largest...
2022-04-07 5:07 PM EDT
Zedcor Inc. Announces Fourth Quarter Results for 2021, Record Revenues from Security & Surveillance Business and Appointment of Chief Revenue Officer
Calgary, Alberta--(Newsfile Corp. - April 6, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three and twelve months ended December 31, 2021.The fourth quarter results reflect the Company's continued execution of its strategy and pivot away from its traditional oilfield equipment rentals business. Q4 2021 revenues increased to $4.1 million and annual revenues increased to $13.6 million for the year ended December 31, 2021. This was a...
2022-04-06 9:43 PM EDT
Zedcor Inc. Announces Closing of Brokered Private Placement of Units
Calgary, Alberta--(Newsfile Corp. - April 6, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce the closing of its previously announced brokered private placement of 700,000 units ("Units") of the Company at a price of $0.50 per Unit for aggregate gross proceeds to the Company of $350,000 (the "Private Placement").Each Unit consisted of one common share of the Company (a "Common Share") and one-half of one Common Share purchase warrant of the Company (each...
2022-04-06 4:00 PM EDT
Zedcor Inc. Raises $2.6 Million in Offering of Units
Calgary, Alberta--(Newsfile Corp. - March 30, 2022) - Zedcor Inc. (the "Company" or "Zedcor") (TSXV: ZDC) is pleased to announce that it has raised gross proceeds of $2,616,965 through the offering of Units (as defined below). The Company has closed its previously announced short form prospectus offering (the "Prospectus Offering") for gross proceeds of $2,266,965. The Company has also received an executed subscription agreement in connection with a brokered private placement (the "Private...
2022-03-30 9:35 AM EDT
Zedcor Inc. Announces Proposed Public Offering of Units and Conversion of Series 1 Preferred Shares
Calgary, Alberta--(Newsfile Corp. - February 28, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that it has filed, and obtained a receipt for, a preliminary short form prospectus (the "Prospectus") with the securities regulators in each of the provinces of Canada, except Québec (the "Jurisdictions"), in connection with a proposed "best efforts" marketed public offering of units of the Company (the "Units") at a price of $0.50 per Unit (the "Offering Price")...
2022-02-28 4:07 PM EST
Zedcor Inc. Announces Agreement to Provide Integrated Security Services
Calgary, Alberta--(Newsfile Corp. - February 17, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that it has entered into an agreement to provide integrated security solutions to a Canadian based energy infrastructure business. Under the terms of the agreement, which may be extended indefinitely after the initial introductory term, Zedcor will provide security services at three different sites. The customized security plan created by Zedcor, with input from...
2022-02-17 7:00 AM EST
Zedcor Inc. Announces Expanded Fleet of MobileyeZ Security Towers, Fixed Monitoring and National Expansion Update
Calgary, Alberta--(Newsfile Corp. - January 20, 2022) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to provide the following updates highlighting its expanded fleet of MobileyeZ Security Towers, continued growth at its Lower Mainland branch, and strong utilization of the security tower fleet in Q4 2021."After a busy 2021 where we almost doubled the size of our MobileyeZ fleet, expanded to the British Columbia Lower Mainland and gained traction on our fixed monitoring...
2022-01-20 7:00 AM EST
Zedcor Inc. Announces Third Quarter Results for 2021
Calgary, Alberta--(Newsfile Corp. - November 16, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three and nine months ended September 30, 2021.The third quarter results reflect the Company's continued execution of its strategy and pivot away from its traditional oilfield equipment rentals business. Q3 2021 was the first quarter which show standalone results for Zedcor's Security & Surveillance operations. The Company is pleased to...
2021-11-16 8:33 PM EST
Zedcor Inc. Announces New Term Loan and Equipment Financing
Calgary, Alberta--(Newsfile Corp. - October 18, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that, after discussing alternative competitive financing offers, the Company has entered into a new financing agreement with an Alberta based credit union that offered terms and conditions that most suited the Company's current needs and future growth plans. The agreement consists of:1) A $6.1 million term loan that is fully committed for five years....
2021-10-18 7:00 AM EDT
Zedcor Inc. Announces Change of Auditor
Calgary, Alberta--(Newsfile Corp. - October 8, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announced today that at the request of the Corporation, its former auditor, KPMG LLP ("Former Auditor"), has resigned effective October 8, 2021 and MNP LLP ("Successor Auditor") has been appointed as the successor auditor, effective the same day until the Corporation's next annual meeting of shareholders. The resignation of the Former Auditor and appointment of the Successor Auditor have...
2021-10-08 8:05 PM EDT
Zedcor Inc. Announces a Stock Option Grant
Calgary, Alberta--(Newsfile Corp. - August 26, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announces that options to purchase 150,000 common shares of the Company were granted to a director of the Company, with an exercise price of $0.305 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...
2021-08-26 8:00 PM EDT
Zedcor Inc. Announces Second Quarter Results for 2021
Calgary, Alberta--(Newsfile Corp. - August 18, 2021) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three and six months ended June 30, 2021.Financial and Operating Results for the three and six months ended June 30, 2021:Three months ended June 30
2021-08-18 10:10 PM EDT