Recent Updates — ZENA
ZenaTech announced preliminary third-quarter 2026 revenue estimates of C$13.4 million to C$14.8 million (US$9.5–US$10.5 million), representing 44%–59% sequential growth. The company set a target for adjusted EBITDA breakeven in 2027, supported by first-half revenue of C$17.73 million, which marked 425% year-over-year growth and exceeded full-year 2025 totals. Management emphasized flexibility to pursue strategic acquisitions and defense programs that could defer profitability while driving long-term value. The filing also detailed product updates for its AI software suite, ZenaWorx construction monitoring platform, and Stacklens smart glasses. ZenaTech operates in the technology sector, specializing in AI autonomy drone platforms, Drone as a Service (DaaS), and enterprise SaaS solutions.
The Board of Directors approved the dismissal of Bansal & Co. LLP as independent registered public accounting firm and engaged Mercurius & Associates LLP, effective October 23, 2026. The former auditors' reports for fiscal years ended December 31, 2025 and 2024 contained no adverse opinions or qualifications. There were no disagreements with Bansal on accounting principles, financial disclosures, or auditing scope that would have required reference in their reports. ZenaTech operates in the technology sector.
ZenaTech reported second-quarter revenue of C$9.3 million, a 316% increase from the prior-year period, driven by Drone as a Service operations which contributed nearly 93% of total sales. First-half revenue reached C$17.7 million, up 425%, exceeding full-year 2025 totals. The company also announced organic growth of over 27% across existing DaaS locations and provided Q3 2026 revenue guidance between C$13.4 million and C$14.8 million. Additionally, ZenaTech unveiled Stacklens smart safety glasses and advanced its ZenaDrone 2000 interceptor toward flight testing. The company operates in the technology sector, specializing in AI-powered drones, Drone as a Service, and enterprise software solutions.
ZenaTech provided preliminary estimates for third-quarter 2026 total revenues ranging from US$9.5 million to US$10.5 million. These figures are based on currently available information and have not been audited by the company's independent registered public accounting firm, as financial closing procedures were incomplete at the time of filing. The estimates remain subject to revision upon completion of quarter-end closing procedures.