Earnings ·
ZenaTech, Inc. reported a net loss of $26.5 million for the first quarter of 2026, compared to a net loss of $4.6…
ZENAZenaTech, Inc.
ZenaTech, Inc. reported a net loss of $26.5 million for the first quarter of 2026, compared to a net loss of $4.6 million in the same period of 2025. Revenue grew 640% to $8.4 million, primarily driven by the Drone as a Service (DaaS) segment, which contributed $7.8 million. The company executed $20.9 million in debt-to-equity conversions and raised $12.8 million through a stock sale. Additionally, ZenaTech issued 10 million preferred shares, 100,000 super voting shares, and 4 million common shares to acquire drone technologies from entities under common control. ZenaTech is an enterprise software technology company specializing in AI-powered drone systems, Drone as a Service, and enterprise SaaS solutions.