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ZEDCOR INC. - $CRFQF STOCK NEWS

Welcome to our dedicated page for ZEDCOR news (Ticker: $CRFQF), a resource for investors and traders seeking the latest updates and insights on ZEDCOR stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ZEDCOR's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ZEDCOR's position in the market.

Rhea-AI Summary
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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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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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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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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Zedcor Inc. awarded mobile security contracts for Ottawa LRT expansion and Canadian National Exhibition
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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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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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ZEDCOR INC.

OTC:CRFQF

CRFQF Rankings

CRFQF Stock Data

63.30M
43.83M
37.8%
0.58%
Security Systems Services (except Locksmiths)
Administrative and Support and Waste Management and Remediation Services
Link
United States of America
Calgary