Welcome to our dedicated page for Zedcor news (Ticker: ZDCAF), a resource for investors and traders seeking the latest updates and insights on Zedcor stock.
Zedcor Inc. (ZDCAF) is a security and protection services company whose news flow centers on the expansion and performance of its MobileyeZ™ security tower platform. Company updates frequently highlight record quarterly revenue and adjusted EBITDA, driven by growth in the MobileyeZ fleet, strong utilization rates, and continued penetration of both Canadian and U.S. markets.
Investors following ZDCAF news can expect regular coverage of financial results, including quarterly earnings releases that detail revenue growth, margins and fleet metrics. Zedcor’s news also covers operational milestones such as increases in weekly tower production capacity at its Houston, Texas manufacturing facility, deployment counts across North America, and utilization levels often reported above 90% for its tower fleet.
Another recurring theme in Zedcor’s news is geographic and customer expansion. Releases describe the company’s progress in Texas, Colorado, Arizona, Nevada, Florida and other regions, as well as growth in Canada through service centers in British Columbia, Alberta, Manitoba and Ontario. Updates often mention new contracts and expansions with residential home builders, logistics customers, retail security clients and large enterprise accounts, including national account agreements and RFP processes with major U.S. companies.
Technology and capital structure developments also feature in Zedcor’s news. The company reports on AI-at-the-edge camera deployments, the introduction and growth of its ZBox wall-mounted units, the build-out of monitoring centers in Houston, and the securing of GPUs to enhance AI capabilities. In addition, news items describe equity financings and credit facilities, such as a new $50 million revolving credit facility, which Zedcor states are intended to fund fleet growth, manufacturing capacity and U.S. expansion.
For readers tracking ZDCAF, this news page aggregates these earnings releases, operational updates, financing announcements and strategic expansion milestones in one place, providing a detailed view of how Zedcor is scaling its MobileyeZ platform across North America.
Zedcor Inc. (ZDCAF) has scheduled its first quarter 2025 financial results announcement for May 21, 2025, after market close. The company will host a conference call to discuss the results on Thursday, May 22, 2025, at 10:00 am ET (8:00 am MT). The call will feature President & CEO Todd Ziniuk and CFO Amin Ladha. Earnings materials will be available on SEDAR+ and Zedcor's website. Participants can join via webinar or dial in from multiple locations including Toronto, Calgary, Vancouver, and Houston, with Meeting ID #990 2015 0384.
Zedcor Inc. (ZDCAF) reported strong Q4 2024 financial results with record quarterly revenue of $10.3 million, up 78% year-over-year, and record Adjusted EBITDA of $4.0 million, increasing 185% year-over-year. The company achieved a 39% EBITDA margin despite U.S. scaling costs.
Key operational highlights include:
- Deployed 186 MobileyeZ security towers in Q4 2024 and 512 throughout 2024
- Fleet utilization exceeded 90% for the quarter
- U.S. revenue surpassed 20% of total Q4 2024 revenue
- Total fleet reached 1,337 MobileyeZ security towers
- Annual revenue reached $33.0 million with $12.0 million in Adjusted EBITDA
The company secured new financing including a $15.0 million equity financing and $30.0 million debt facility in December 2024. Manufacturing operations in Houston, Texas provide insulation from tariffs with camera costs locked in for 2025.
Zedcor Inc. (TSXV: ZDC) has reached a manufacturing milestone of 25 towers per week, with plans to increase to 30 towers weekly in Q2 2025. The company targets manufacturing 1,200-1,400 towers in 2025, primarily for U.S. market deployment.
The company's fleet now exceeds 1,500 towers, with approximately 500 in the U.S. Texas operations have grown to 400 towers in 12 months, while Denver approaches 100 units. Expansion plans include Phoenix, Atlanta, Las Vegas, and California by Q3 2025.
A new monitoring center in Houston is scheduled to open in Q2 2025 to service the U.S. market. The company reports minimal impact from tariffs, with 2025 fleet expansion cameras pre-ordered in 2024 and 35% of steel components procured before tariff implementation. Raw steel components represent less than 10% of total MobileyeZ™ Security Tower capital costs, with no exposure to Chinese components.
Zedcor (TSXV: ZDC) reported significant operational growth in Q4 2024, with its MobileyeZ tower fleet reaching 1,333 units, marking a record quarterly expansion of 182 units. The company achieved 62% year-over-year fleet growth, with over 80% of new units allocated to U.S. operations.
The company expanded its presence in multiple U.S. markets, including Atlanta, Houston, Dallas, San Antonio, Austin, Denver, and Phoenix, maintaining 97% utilization in the U.S. and over 90% in Canada. Manufacturing capabilities improved to over 15 units per week in Q4, with capacity to produce 100 towers monthly in Q1 2025.
Zedcor plans to add 1,200 new units by the end of 2025, supported by expanded manufacturing operations in Houston and a new 24/7 Live, Verified Monitoring center opening in first half 2025.