Sector: Industrials | Industry: Business Support Services |
Company Contact | |
Address: | 300 - 151 Canada Olympic Road SW CALGARY AB T3B 6B7 |
Tel: | N/A |
Website: | https://zedcorsecurity.ca |
IR: | See website |
Key People | ||
Todd Ziniuk President, Chief Executive Officer | Amin Ladha Chief Financial Officer | Antonio Ciarla Executive Vice President |
James Leganchuk Chief Revenue Officer | Jan M. Campbell Corporate Secretary |
Business Overview |
Zedcor Inc. is a Canada-based technology-enabled company, which offers physical security services to businesses. The Company operates throughout Canada with service centers in British Columbia, Alberta, Manitoba and Ontario. The Company has three main service offerings to customers across all market segments: surveillance and live monitoring through its proprietary MobileyeZ security towers; surveillance and live monitoring of fixed site locations, and security personnel. The Company operates a fleet of over 700 proprietary MobileyeZ security towers, equipped with high resolution, technology-based cameras, and monitors numerous fixed site locations for customers across various industries. Its subsidiary is Zedcor Security Solutions Corp. |
Financial Overview |
For the fiscal year ended 31 December 2023, Zedcor Inc revenues increased 13% to C$24.9M. Net income decreased 56% to C$2.7M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by General and administrative increase of 55% to C$6.8M (expense), Stock based compensation increase from C$129K to C$562K (expense), Interest on debt increase of 74% to C$975K (expense). |
Employees: | 100 as of Dec 31, 2023 |
Reporting Currency: | Canadian Dollars |
Enterprise value: | $107.15M as of Dec 31, 2023 |
Annual revenue (TTM): | $24.89M as of Dec 31, 2023 |
EBITDA (TTM): | $7.08M as of Dec 31, 2023 |
Net annual income (TTM): | $2.65M as of Dec 31, 2023 |
Free cash flow (TTM): | -$3.58M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | $26.14M as of Dec 31, 2023 |
Shares outstanding: | 77,359,223 as of Apr 8, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |