ZDCAF
Zedcor Inc.
Price Chart
Latest Quote
$4.34
Current Price| Previous Close | $4.28 |
| Open | $4.30 |
| Day High | $4.34 |
| Day Low | $4.30 |
| Volume | 1,200 |
Stock Information
Note: Financial values converted from CAD to USD
| Shares Outstanding | 105.56M |
| Total Debt | $24.42M |
| Cash Equivalents | $1.10M |
| Revenue | $37.56M |
| Net Income | $1.16M |
| Sector | Industrials |
| Industry | Security & Protection Services |
| Market Cap | $458.14M |
| P/E Ratio | 434.00 |
| EPS (TTM) | $0.01 |
| Exchange | PNK |
📊 Custom Metrics & Score
Score: 15/42| Debt to Equity | 0.89 |
| Debt to Earnings | 1.46 |
| Current Ratio | 1.09 |
| Quick Ratio | 1.00 |
| Avg Revenue Growth | 35.87% |
| Profit Margin | 4.94% |
| Return on Equity | 5.09% |
| Avg FCF Growth | 188.04% |
| FCF Yield | -2.26% |
Score Explanation: The perfect score is 42/42 based on debt levels, profitability, growth rates, and cash flow metrics. FCF Yield is weighted most heavily as it shows what return the business currently generates.
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-02-02 | $4.28 | 0 |
| 2026-01-30 | $4.28 | 27,804 |
| 2026-01-29 | $4.27 | 4,703 |
| 2026-01-28 | $4.50 | 16,780 |
| 2026-01-27 | $4.70 | 0 |
| 2026-01-26 | $4.70 | 9,652 |
| 2026-01-23 | $4.30 | 24,743 |
| 2026-01-22 | $4.28 | 36,881 |
| 2026-01-21 | $4.29 | 43,931 |
| 2026-01-20 | $4.22 | 13,546 |
| 2026-01-16 | $4.28 | 49,095 |
| 2026-01-15 | $4.35 | 49,834 |
| 2026-01-14 | $3.94 | 43,260 |
| 2026-01-13 | $3.90 | 22,362 |
| 2026-01-12 | $4.01 | 35,920 |
| 2026-01-09 | $4.01 | 90,087 |
| 2026-01-08 | $3.84 | 35,131 |
| 2026-01-07 | $3.40 | 546,731 |
| 2026-01-06 | $4.10 | 148,770 |
| 2026-01-05 | $4.57 | 0 |
About Zedcor Inc.
Zedcor Inc. provides turnkey and customized mobile surveillance and live monitoring solutions in Canada and the United States. The company engages in the provision of rental, maintenance, remote video monitoring data streaming and any related software or hardware upgrade services of its MobileyeZ security towers; surveillance and live monitoring of fixed site locations; ancillary services related to fixed site security camera installations; and security guard and personnel services. It serves customers in the commercial, industrial, and residential construction; energy; retail; pipeline construction; utilities; and infrastructure construction sectors. The company was founded in 2011 and is headquartered in Calgary, Canada.
📰 Latest News
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Simply Wall St. • 2026-01-11T06:05:43Z
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Income Statement (Annual)
Revenue
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Reconciled Cost Of Revenue | $8,824,000 | $9,263,000 | $9,164,000 | $5,892,000 |
| Cost Of Revenue | $13,648,000 | $12,503,000 | $11,326,000 | $7,375,000 |
| Total Revenue | $32,992,000 | $24,889,000 | $22,099,000 | $13,550,000 |
| Operating Revenue | $32,992,000 | $24,889,000 | $22,099,000 | $13,550,000 |
Expenses
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Interest Expense | $1,906,000 | $1,533,000 | $1,033,000 | $3,135,000 |
| Total Expenses | $29,647,000 | $22,643,000 | $17,999,000 | $11,596,000 |
| Other Income Expense | $233,000 | $2,027,000 | $956,000 | $-370,000 |
| Other Non Operating Income Expenses | $1,373,000 | $2,159,000 | $883,000 | - |
| Net Non Operating Interest Income Expense | $-1,949,000 | $-1,621,000 | $-1,063,000 | $-3,164,000 |
| Total Other Finance Cost | $43,000 | $88,000 | $30,000 | $29,000 |
| Interest Expense Non Operating | $1,906,000 | $1,533,000 | $1,033,000 | $3,135,000 |
| Operating Expense | $15,999,000 | $10,140,000 | $6,673,000 | $4,221,000 |
| Selling And Marketing Expense | $846,000 | $460,000 | $329,000 | $195,000 |
| General And Administrative Expense | $12,868,000 | $8,057,000 | $5,156,000 | $3,235,000 |
Income & Earnings
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Income From Continuing Operation Net Minority Interest | $1,629,000 | $2,652,000 | $5,998,000 | $-1,580,000 |
| Net Interest Income | $-1,949,000 | $-1,621,000 | $-1,063,000 | $-3,164,000 |
| Normalized Income | $2,769,000 | $2,784,000 | $5,944,133 | $-1,210,000 |
| Net Income From Continuing And Discontinued Operation | $1,629,000 | $2,652,000 | $5,998,000 | $-3,901,000 |
| Net Income Common Stockholders | $1,629,000 | $2,652,000 | $5,916,000 | $-3,901,000 |
| Net Income | $1,629,000 | $2,652,000 | $5,998,000 | $-3,901,000 |
| Net Income Including Noncontrolling Interests | $1,629,000 | $2,652,000 | $5,998,000 | $-3,901,000 |
| Net Income Continuous Operations | $1,629,000 | $2,652,000 | $5,998,000 | $-1,580,000 |
| Pretax Income | $1,629,000 | $2,652,000 | $3,993,000 | $-1,580,000 |
| Special Income Charges | $-1,085,000 | $-134,000 | $143,000 | $-345,000 |
| Operating Income | $3,345,000 | $2,246,000 | $4,100,000 | $1,954,000 |
| Depreciation Amortization Depletion Income Statement | $2,285,000 | $1,623,000 | $1,188,000 | $791,000 |
| Depreciation And Amortization In Income Statement | $2,285,000 | $1,623,000 | $1,188,000 | $791,000 |
| Depreciation Income Statement | $2,285,000 | $1,623,000 | $1,188,000 | $791,000 |
| Gross Profit | $19,344,000 | $12,386,000 | $10,773,000 | $6,175,000 |
| Net Income Discontinuous Operations | - | - | $0 | $-2,321,000 |
Per Share Metrics
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Diluted EPS | $0.02 | $0.03 | $0.08 | $-0.07 |
| Basic EPS | $0.02 | $0.04 | $0.09 | $-0.07 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Tax Effect Of Unusual Items | $0 | $0 | $19,133 | $0 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $11,784,000 | $9,180,000 | $8,303,000 | $4,199,000 |
| Total Unusual Items | $-1,140,000 | $-132,000 | $73,000 | $-370,000 |
| Total Unusual Items Excluding Goodwill | $-1,140,000 | $-132,000 | $73,000 | $-370,000 |
| Reconciled Depreciation | $7,109,000 | $4,863,000 | $3,350,000 | $2,274,000 |
| EBITDA (Bullshit earnings) | $10,644,000 | $9,048,000 | $8,376,000 | $3,829,000 |
| EBIT | $3,535,000 | $4,185,000 | $5,026,000 | $1,555,000 |
| Diluted Average Shares | $92,514,309 | $79,097,811 | $72,927,501 | $57,885,234 |
| Basic Average Shares | $87,098,716 | $73,122,487 | $67,639,086 | $57,885,234 |
| Diluted NI Availto Com Stockholders | $1,629,000 | $2,652,000 | $5,916,000 | $-3,901,000 |
| Tax Provision | $0 | $0 | $-2,005,000 | $0 |
| Gain On Sale Of Ppe | $-896,000 | $-108,000 | $153,000 | $-390,000 |
| Other Special Charges | $173,000 | - | - | $-45,000 |
| Write Off | $16,000 | $26,000 | $10,000 | $0 |
| Gain On Sale Of Security | $-55,000 | $2,000 | $-70,000 | $-25,000 |
| Selling General And Administration | $13,714,000 | $8,517,000 | $5,485,000 | $3,430,000 |
| Other Gand A | $794,000 | $656,000 | $601,000 | $562,000 |
| Salaries And Wages | $12,074,000 | $7,401,000 | $4,555,000 | $2,673,000 |
| Preferred Stock Dividends | - | - | $82,000 | - |
Balance Sheet (Annual)
Assets
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Tangible Assets | $31,991,000 | $12,115,000 | $8,489,000 | $398,000 |
| Total Assets | $67,451,000 | $42,971,000 | $32,578,000 | $19,796,000 |
| Total Non Current Assets | $51,910,000 | $35,685,000 | $25,036,000 | $15,354,000 |
| Non Current Prepaid Assets | $221,000 | $179,000 | $167,000 | $109,000 |
| Non Current Deferred Assets | $2,005,000 | $2,005,000 | $2,005,000 | $0 |
| Non Current Deferred Taxes Assets | $2,005,000 | $2,005,000 | $2,005,000 | $0 |
| Non Current Accounts Receivable | $1,108,000 | $1,792,000 | $2,362,000 | $2,882,000 |
| Current Assets | $15,541,000 | $7,286,000 | $7,542,000 | $4,442,000 |
| Prepaid Assets | $795,000 | $650,000 | $430,000 | $272,000 |
| Inventory | $468,000 | $475,000 | $1,315,000 | $383,000 |
| Receivables | $8,515,000 | $4,687,000 | $5,226,000 | $3,679,000 |
| Other Receivables | $682,000 | $570,000 | $527,000 | $448,000 |
| Taxes Receivable | $36,000 | $89,000 | $53,000 | $371,000 |
| Accounts Receivable | $7,797,000 | $4,028,000 | $4,646,000 | $2,860,000 |
| Allowance For Doubtful Accounts Receivable | $-50,000 | $-50,000 | $-50,000 | $-50,000 |
| Gross Accounts Receivable | $7,847,000 | $4,078,000 | $4,696,000 | $2,910,000 |
| Cash Cash Equivalents And Short Term Investments | $5,763,000 | $1,474,000 | $571,000 | $108,000 |
| Cash And Cash Equivalents | $5,763,000 | $1,474,000 | $571,000 | $108,000 |
| Cash Financial | $5,763,000 | $1,474,000 | $571,000 | $108,000 |
Debt
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Net Debt | $14,359,000 | $18,409,000 | $13,158,000 | $10,955,000 |
| Total Debt | $28,326,000 | $27,614,000 | $20,680,000 | $17,018,000 |
| Long Term Debt And Capital Lease Obligation | $21,221,000 | $21,405,000 | $16,710,000 | $13,436,000 |
| Long Term Debt | $16,054,000 | $16,095,000 | $11,531,000 | $8,832,000 |
| Current Debt And Capital Lease Obligation | $7,105,000 | $6,209,000 | $3,970,000 | $3,582,000 |
| Current Debt | $4,068,000 | $3,788,000 | $2,198,000 | $2,231,000 |
| Other Current Borrowings | $4,068,000 | $3,788,000 | $2,198,000 | $2,231,000 |
Liabilities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Total Liabilities Net Minority Interest | $35,460,000 | $30,856,000 | $24,089,000 | $19,398,000 |
| Total Non Current Liabilities Net Minority Interest | $21,221,000 | $21,405,000 | $16,710,000 | $13,436,000 |
| Current Liabilities | $14,239,000 | $9,451,000 | $7,379,000 | $5,962,000 |
| Payables And Accrued Expenses | $7,134,000 | $3,242,000 | $3,409,000 | $2,380,000 |
Equity
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Common Stock Equity | $31,991,000 | $12,115,000 | $8,489,000 | $-2,466,000 |
| Total Equity Gross Minority Interest | $31,991,000 | $12,115,000 | $8,489,000 | $398,000 |
| Stockholders Equity | $31,991,000 | $12,115,000 | $8,489,000 | $398,000 |
| Gains Losses Not Affecting Retained Earnings | $861,000 | $-28,000 | $0 | - |
| Other Equity Adjustments | $861,000 | $-28,000 | - | - |
| Retained Earnings | $-103,590,000 | $-105,219,000 | $-107,871,000 | $-112,541,000 |
| Other Equity Interest | - | $1,122,000 | $1,368,000 | $587,000 |
| Preferred Stock Equity | - | - | - | $2,864,000 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Ordinary Shares Number | $96,062,457 | $74,208,925 | $70,892,259 | $58,299,943 |
| Share Issued | $96,062,457 | $74,208,925 | $70,892,259 | $58,299,943 |
| Tangible Book Value | $31,991,000 | $12,115,000 | $8,489,000 | $-2,466,000 |
| Invested Capital | $52,113,000 | $31,998,000 | $22,218,000 | $8,597,000 |
| Working Capital | $1,302,000 | $-2,165,000 | $163,000 | $-1,520,000 |
| Capital Lease Obligations | $8,204,000 | $7,731,000 | $6,951,000 | $5,955,000 |
| Total Capitalization | $48,045,000 | $28,210,000 | $20,020,000 | $9,230,000 |
| Additional Paid In Capital | $3,403,000 | $2,216,000 | $1,809,000 | $1,681,000 |
| Capital Stock | $131,317,000 | $114,024,000 | $113,183,000 | $110,671,000 |
| Common Stock | $131,317,000 | $114,024,000 | $113,183,000 | $107,807,000 |
| Long Term Capital Lease Obligation | $5,167,000 | $5,310,000 | $5,179,000 | $4,604,000 |
| Current Capital Lease Obligation | $3,037,000 | $2,421,000 | $1,772,000 | $1,351,000 |
| Net PPE | $48,576,000 | $31,709,000 | $20,502,000 | $12,363,000 |
| Accumulated Depreciation | $-17,164,000 | $-12,707,000 | $-8,931,000 | $-5,917,000 |
| Gross PPE | $65,740,000 | $44,416,000 | $29,433,000 | $18,280,000 |
| Leases | $5,016,000 | $3,884,000 | $2,149,000 | $437,000 |
| Other Properties | $54,039,000 | $35,906,000 | $23,805,000 | $15,550,000 |
| Machinery Furniture Equipment | $6,685,000 | $4,626,000 | $3,479,000 | $2,293,000 |
| Properties | $0 | $0 | $0 | $0 |
| Finished Goods | $0 | $154,000 | $1,315,000 | $383,000 |
| Raw Materials | $468,000 | $321,000 | $0 | - |
| Preferred Stock | - | - | $0 | $2,864,000 |
Cash Flow Statement (Annual)
Free Cash Flow
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Free Cash Flow | $-10,371,000 | $-3,579,000 | $-2,798,000 | $-1,217,000 |
Operating Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Operating Cash Flow | $11,020,000 | $9,886,000 | $6,190,000 | $4,543,000 |
| Cash Flow From Continuing Operating Activities | $11,020,000 | $9,886,000 | $6,190,000 | $2,982,000 |
| Operating Gains Losses | $954,000 | $108,000 | $-153,000 | $345,000 |
| Cash From Discontinued Operating Activities | - | - | $0 | $1,561,000 |
Investing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Capital Expenditure | $-21,391,000 | $-13,465,000 | $-8,988,000 | $-5,760,000 |
| Investing Cash Flow | $-20,533,000 | $-13,451,000 | $-8,607,000 | $6,575,000 |
| Cash Flow From Continuing Investing Activities | $-20,533,000 | $-13,451,000 | $-8,607,000 | $-5,250,000 |
| Net Other Investing Changes | $851,000 | $-133,000 | $156,000 | $343,000 |
| Cash From Discontinued Investing Activities | - | - | $0 | $11,825,000 |
Financing Activities
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Issuance Of Capital Stock | $13,413,000 | $0 | $1,984,000 | $0 |
| Financing Cash Flow | $13,802,000 | $4,468,000 | $2,880,000 | $-11,771,000 |
| Cash Flow From Continuing Financing Activities | $13,802,000 | $4,468,000 | $2,880,000 | $-11,771,000 |
| Net Common Stock Issuance | $13,413,000 | $0 | $1,984,000 | $0 |
| Common Stock Issuance | $13,413,000 | $0 | $1,984,000 | $0 |
| Repurchase Of Capital Stock | - | $0 | $-39,000 | $0 |
| Net Preferred Stock Issuance | - | $0 | $-39,000 | $0 |
Other
| Metric | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|
| Repayment Of Debt | $-24,766,000 | $-4,648,000 | $-4,299,000 | $-20,044,000 |
| Issuance Of Debt | $22,776,000 | $8,676,000 | $5,223,000 | $8,199,000 |
| Interest Paid Supplemental Data | $2,057,000 | $1,470,000 | - | $1,769,000 |
| End Cash Position | $5,763,000 | $1,474,000 | $571,000 | $108,000 |
| Beginning Cash Position | $1,474,000 | $571,000 | $108,000 | $761,000 |
| Changes In Cash | $4,289,000 | $903,000 | $463,000 | $-653,000 |
| Proceeds From Stock Option Exercised | $2,379,000 | $440,000 | $11,000 | $74,000 |
| Net Issuance Payments Of Debt | $-1,990,000 | $4,028,000 | $924,000 | $-11,845,000 |
| Net Long Term Debt Issuance | $-1,990,000 | $4,028,000 | $924,000 | $-11,845,000 |
| Long Term Debt Payments | $-24,766,000 | $-4,648,000 | $-4,299,000 | $-20,044,000 |
| Long Term Debt Issuance | $22,776,000 | $8,676,000 | $5,223,000 | $8,199,000 |
| Net PPE Purchase And Sale | $-21,384,000 | $-13,318,000 | $-8,763,000 | $-5,593,000 |
| Sale Of PPE | $7,000 | $147,000 | $225,000 | $167,000 |
| Purchase Of PPE | $-21,391,000 | $-13,465,000 | $-8,988,000 | $-5,760,000 |
| Change In Working Capital | $-855,000 | $1,023,000 | $-1,803,000 | $63,000 |
| Change In Payables And Accrued Expense | $3,041,000 | $-34,000 | $773,000 | $441,000 |
| Change In Payable | $3,041,000 | $-34,000 | $773,000 | $441,000 |
| Change In Account Payable | $3,041,000 | $-34,000 | $773,000 | $441,000 |
| Change In Prepaid Assets | $-187,000 | $-232,000 | $-216,000 | $-43,000 |
| Change In Inventory | $7,000 | $840,000 | $-932,000 | $-383,000 |
| Change In Receivables | $-3,716,000 | $582,000 | $-1,556,000 | $48,000 |
| Changes In Account Receivables | $-3,716,000 | $582,000 | $-1,556,000 | $48,000 |
| Other Non Cash Items | $617,000 | $678,000 | $586,000 | $1,745,000 |
| Stock Based Compensation | $1,566,000 | $562,000 | $129,000 | $135,000 |
| Depreciation Amortization Depletion | $7,109,000 | $4,863,000 | $3,350,000 | $2,274,000 |
| Depreciation And Amortization | $7,109,000 | $4,863,000 | $3,350,000 | $2,274,000 |
| Depreciation | $7,109,000 | $4,863,000 | $3,350,000 | $2,274,000 |
| Net Foreign Currency Exchange Gain Loss | $58,000 | $0 | - | - |
| Gain Loss On Sale Of PPE | $896,000 | $108,000 | $-153,000 | $390,000 |
| Net Income From Continuing Operations | $1,629,000 | $2,652,000 | $5,998,000 | $-1,580,000 |
| Preferred Stock Payments | - | $0 | $-39,000 | $0 |
| Taxes Refund Paid | - | $0 | $88,000 | $0 |
| Change In Other Working Capital | - | $-133,000 | $128,000 | - |
| Change In Tax Payable | - | $0 | $0 | $0 |
| Change In Income Tax Payable | - | $0 | $0 | $0 |
| Deferred Tax | - | $0 | $-2,005,000 | $0 |
| Deferred Income Tax | - | $0 | $-2,005,000 | $0 |