Zedcor Inc. Announces Restricted Share Unit Grant
Calgary, Alberta--(Newsfile Corp. - May 30, 2025) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") announces that on May 29, 2025, 2,935,000 Restricted Share Units (RSUs) were granted to employees, directors and officers 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....
2025-05-30 8:00 PM EDT
Zedcor Inc. Reports Record Quarterly Results, Including $11.5 million in Revenue and $4.1 million in Adjusted EBITDA for the First Quarter 2025
Calgary, Alberta--(Newsfile Corp. - May 21, 2025) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") is pleased to announce its financial and operating results for the three months ended March 31, 2025. Highlights include:Record quarterly revenue of $11.5 million, representing an increase of 87% year-over-year and 11% quarter-over-quarterRecord quarterly Adjusted EBITDA of $4.1 million, representing an increase of 116% year-over-year Adjusted EBITDA margin was 36%, despite significant expansion costs out of the U.S., driven by strong contribution margins...
2025-05-21 8:30 PM EDT
Zedcor Inc. Announces Timing of First Quarter Financial Results Conference Call
Calgary, Alberta--(Newsfile Corp. - May 15, 2025) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") is pleased to announce that the Company will release its first quarter financial results for the period ended March 31, 2025, after markets close on Wednesday, May 21, 2025.The Company will also host a conference call to discuss the results on Thursday, May 22 at 10:00 am ET (8:00 am MT). The call will be hosted by Todd Ziniuk, President & Chief Executive Officer,...
2025-05-15 7:30 PM EDT
Zedcor Inc. Reports Quarterly Results, Including $10.3 million in Revenue and $4.0 million in Adjusted EBITDA for the Fourth Quarter 2024
Calgary, Alberta--(Newsfile Corp. - April 10, 2025) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") is pleased to announce its financial and operating results for the three and twelve months ended December 31, 2024. Highlights include:Record quarterly revenue of $10.3 million, representing an increase of 78% year-over-year and 12% quarter-over-quarterRecord quarterly Adjusted EBITDA of $4.0 million, representing an increase of 185% year-over-year and 18% quarter-over-quarterAdjusted EBITDA margin increased to 39%, despite significant scaling costs out of the U.S., driven...
2025-04-10 5:00 AM EDT
Zedcor Achieves Manufacturing Milestone of 25 Towers Per Week and Provides Update on U.S. Expansion and Limited Exposure to Tariffs
Calgary, Alberta--(Newsfile Corp. - March 11, 2025) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that it has achieved a significant milestone, manufacturing 25 towers per week ahead of the budgeted timeline, with a further expansion expected to 30 towers per week in the second quarter of 2025, as component suppliers match the Company's capacity. The manufacturing target for 2025 is now 1,200-1,400 towers, with most of the growth in the fleet to be deployed...
2025-03-11 6:00 AM EDT
Zedcor Inc. Announces Closing of $25M Bought Deal Public Offering Including Exercise in Full of Over-Allotment Option
Calgary, Alberta--(Newsfile Corp. - February 5, 2025) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce the closing of its previously announced upsized bought deal public offering of common shares of the Company (the "Offering"). The Company entered into an agreement with Beacon Securities Limited ("Beacon"), on behalf of a syndicate of underwriters including Cormark Securities Inc., Raymond James Ltd., Canaccord Genuity Corp., and Paradigm Capital Inc. (together with Beacon, the "Underwriters"), whereby the Underwriters purchased,...
2025-02-05 9:28 AM EST
Zedcor Inc. Files Final Short Form Prospectus
Calgary, Alberta--(Newsfile Corp. - January 29, 2025) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that it has filed with the securities regulatory authorities in each of the provinces of Canada, other than Québec, and obtained a receipt for, a final short form prospectus (the "Final Prospectus") in connection with the previously announced public offering of common shares of the Company (the "Offered Shares") pursuant to which Beacon Securities Limited ("Beacon") on behalf of a...
2025-01-29 6:17 PM EST
Zedcor Inc. Announces Upsize of Bought Deal Public Offering
Calgary, Alberta--(Newsfile Corp. - January 16, 2025) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce the upsize of its previously announced bought deal offering (the "Offering") of common shares (the "Offered Shares") in the capital of the Company. Under the amended terms of the Offering, Beacon Securities Limited ("Beacon"), on behalf of a syndicate of underwriters including Cormark Securities Inc., Raymond James Ltd., Canaccord Genuity Corp., and Paradigm Capital Inc. (together with Beacon, the "Underwriters"),...
2025-01-16 8:28 AM EST
Zedcor Inc. Announces $20M Bought Deal Public Offering
Calgary, Alberta--(Newsfile Corp. - January 15, 2025) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") 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 substitute purchasers, 5,980,000 common shares (the "Offered Shares") of the Company at a price of $3.35 per Offered...
2025-01-15 4:18 PM EST
Zedcor Provides Operations Update, Highlighting Record Quarterly Growth of Fleet Size, Geographic Expansion in the U.S. and Significant Manufacturing Milestones
Calgary, Alberta--(Newsfile Corp. - January 14, 2025) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to provide a year-end operations update, demonstrating continued execution on growth of fleet size, ongoing U.S. expansion, and progress on manufacturing activities. Specifically, the Company highlights:MobileyeZ™ tower fleet hit 1,333 at year-end 2024, a record quarterly expansion of 182 units from the end of the third quarter 2024, with greater than 80% of new units allocated to U.S. operationsExpanded to Atlanta in...
2025-01-14 6:07 PM EST
Zedcor Inc. Announces Expanded Banking Relationship with ATB Financial, New Credit Facility up to $30 Million and Grant of Restricted Share Units
Calgary, Alberta--(Newsfile Corp. - December 18, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company" or "Zedcor") is pleased to announce that, it has entered into an expanded credit facility (the "Credit Facility") with a new primary lender for $30.0 million in total credit, representing a significant increase to the Company's existing credit facilities.The agreement, which is fully committed for three years, consists of:A $20.0 million term loan (the "Term Loan") that is amortized over five years with monthly payments of...
2024-12-18 5:01 PM EST
Zedcor Inc. Reports Record Quarterly Results, Including 42% Revenue and 49% Adjusted EBITDA Increases for the Third Quarter 2024
Calgary, Alberta--(Newsfile Corp. - November 13, 2024) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") today announced its financial and operating results for the three and nine months ended September 30, 2024. Highlights include:Record quarterly revenue of $9.2 million, representing an increase of 42% year-over-year and 24% quarter-over-quarterRecord quarterly Adjusted EBITDA of $3.4 million, representing an increase of 49% year-over-year and 26% quarter-over-quarterAdjusted EBITDA margin maintained at 37%, despite significant scaling costs out of the U.S. and driven by...
2024-11-13 8:43 PM EST
Zedcor Inc. Announces Timing of Third Quarter Financial Results Conference Call
Calgary, Alberta--(Newsfile Corp. - November 4, 2024) - Zedcor Inc. (TSXV: ZDC) ("Zedcor" or the "Company") is pleased to announce that the Company will release its third quarter financial results for the period ended September 30, 2024, after markets close on Wednesday, November 13, 2024.The Company will also host a conference call to discuss the results on Thursday, November 14 at 10:00 am ET (8:00 am MT). The call will be hosted by Todd Ziniuk, President & Chief Executive Officer, and...
2024-11-04 8:00 PM EST
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 North America while realizing total fleet utilization rate above 90% for the...
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 the fleet in the U.S.Zedcor's U.S. expansion continues to advance, as it has established...
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 Company is pleased to report 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 Dean Shillington, and the corporate secretary of the Company, with an exercise price...
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. Midway through February 2024, Zedcor...
2024-05-22 9:13 PM EDT