ZEDCOR INC. - CRFQF STOCK NEWS

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Zedcor Inc., listed on the TSX Venture Exchange as ZDC, is a Canadian technology-enabled company that is revolutionizing physical security services for businesses. With over 950 MobileyeZ security towers equipped with high-resolution cameras, Zedcor provides surveillance, live monitoring, and security personnel services to clients across various industries in Canada and Texas. The Company aims to offer innovative security solutions that utilize cutting-edge technology to ensure customer safety and asset protection.

Zedcor's recent achievements include securing an expanded rental and service agreement with a leading North American home improvement retailer to provide MobileyeZ security towers at 23 sites across Canada. Additionally, the Company successfully retired a longstanding note payable, simplifying its capital structure and reducing debt. Zedcor also issued 1,875,000 Restricted Share Units to employees and officers as part of its incentive plan.

Under the leadership of President & CEO Todd Ziniuk, Zedcor continues to focus on growth, expansion, and customer service excellence in the competitive security services market. The Company's dedication to innovation and commitment to meeting client needs position it as a key player in the North American security industry.

04/10/2024 08:48 PM

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Zedcor Inc. Announces Fourth Quarter Results for 2024, Diversification of Revenue and Continued USA Expansion

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Zedcor Inc. (TSXV: ZDC) announced strong financial results for Q4 2023, with revenues of $5.8 million and adjusted EBITDA of $1.4 million. The company diversified its customer base, reaching 90% utilization rates post two major projects. They expect record revenue from their MobileyeZTM security tower fleet. Zedcor's US operations are expanding, aiming to manufacture 50+ security towers monthly by Q3 2024.

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01/09/2024 07:30 AM

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Zedcor Inc. Announces USA Revenue and Development of 2024 Solar MobileyeZ Model

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Zedcor Inc. (TSXV: ZDC) announces significant milestones for its US expansion, including the first-ever revenue generated in the United States and the completion of design work on its 2024 Solar MobileyeZ. Zedcor Security Solutions (USA) has expanded its US sales team and deployed over 50 MobileyeZ security towers to US-based customers. Zedcor Manufacturing has completed the design for the 2024 Solar MobileyeZ, a solar-powered security tower with cutting-edge cameras and radar technology. The company is also working on developing innovative security solutions for urban construction and retail environments, as well as anti-intrusion sensor technology for the residential home construction market.

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11/16/2023 08:47 PM

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Zedcor Inc. Announces Third Quarter Results for 2023 With Increase in Year Over Year Revenue and $2.3 Million of Adjusted EBITDA

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Zedcor Inc. (TSXV: ZDC) announced Q3 2023 revenues of $6.4 million, an 11% increase from Q3 2022. Adjusted EBITDA was $2.3 million, with net income before taxes of $288. The company plans to expand in the US and Eastern Canada, with a focus on the retail sector. They have seen increased demand for their services and have diversified their customer base. The MobileyeZ security towers have shown growth and increased utilization, with a focus on expanding into the US market.

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09/27/2023 07:00 AM

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Zedcor Inc. Announces Expansion into Retail Security with MobileyeZ Service Agreement for a Leading North American Home Improvement Retailer

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Zedcor Inc. has been awarded a rental and service agreement to provide MobileyeZ security towers for a leading North American home improvement retailer. The agreement is approximately $240,000 of annual revenue with the potential for expansion. Zedcor's MobileyeZ solution can help reduce retail sector theft, which cost retailers approximately $112 billion in 2022. Zedcor plans to increase its presence in the retail sector and believes the solution provides significant benefits and cost reductions for customers.

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08/28/2023 07:00 AM

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Zedcor Inc. Announces Awarding of Ottawa O-Line Mobile Security Project

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Zedcor Inc. awarded mobile security contracts for Ottawa LRT expansion and Canadian National Exhibition

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08/17/2023 09:30 PM

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Zedcor Inc. Announces Restricted Share Unit Grant

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Zedcor Inc. announces the granting of 100,000 Restricted Share Units (RSUs) to an officer of the Company. The RSUs will vest in thirds over three years from the date of grant.

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08/15/2023 09:30 PM

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Zedcor Inc. Announces Second Quarter Results for 2023 With Increase in Year Over Year Revenue and $0.03 Earnings per Share

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Zedcor Inc. announced its financial and operating results for Q2 2023. Revenues were $6.2 million, a 18% increase compared to Q2 2022. Net income before income taxes was $2.5 million, a 62% increase for June 30, 2023. Adjusted EBITDA was $1.8 million, compared to $1.7 million in Q2 2022. The Company allocated 26% of its security tower fleet to Ontario and plans to expand in Eastern Canada. It also expanded to the United States and expects to exit 2023 with approximately 45 security towers in the US.

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07/25/2023 07:00 AM

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Zedcor Inc. Announces Expanded Fleet of MobileyeZ Security Towers and Provides Update on USA, Geographical Expansion

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06/06/2023 07:30 PM

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Zedcor Inc. Announces Expansion of Credit Facility to Fund North American Growth Plans

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05/29/2023 07:30 PM

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Zedcor Inc. Announces Stock Option Grant, Restricted Share Unit Grant and Deferred Share Unit Grant

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FAQ

What is the current stock price of ZEDCOR (CRFQF)?

The current stock price of ZEDCOR (CRFQF) is $2.5836 as of January 6, 2025.

What is the market cap of ZEDCOR (CRFQF)?

The market cap of ZEDCOR (CRFQF) is approximately 244.7M.

What services does Zedcor Inc. offer?

Zedcor provides surveillance, live monitoring, and security personnel services to clients across various industries using its proprietary MobileyeZ security towers equipped with high-resolution cameras.

What recent achievements has Zedcor celebrated?

Zedcor secured an expanded rental and service agreement with a leading North American home improvement retailer, retired a longstanding note payable, and issued 1,875,000 Restricted Share Units to employees and officers.

Who leads Zedcor Inc.?

Todd Ziniuk serves as the President & CEO of Zedcor, guiding the Company's growth, expansion, and commitment to customer service excellence in the security services market.