ZenaTech Reports Over 500% Increase in Year-Over-Year Revenue for Second Quarter of 2025 and Over 250% Increase in Revenue for the First Six Months of Year
ZenaTech (NASDAQ: ZENA) reported exceptional Q2 2025 financial results, with revenue surging 503% to $2.24 million compared to Q2 2024. First-half 2025 revenue reached $3.38 million, up 251% year-over-year. The company's growth was primarily driven by its Drone as a Service (DaaS) segment and enterprise SaaS division.
Key achievements include completing six US land surveying acquisitions, strengthening cash reserves to $10.29 million, and advancing defense industry initiatives through Green UAS certification applications. The company launched Zena AI Inc. for military applications and expanded manufacturing capabilities in Phoenix. Total assets grew to $52.94 million, with working capital improving to $13.02 million.
Management expects continued growth through full-period contributions from acquisitions, targeting 25 DaaS-related companies by mid-2026, and expansion of drone services across commercial and defense sectors.
ZenaTech (NASDAQ: ZENA) ha comunicato risultati finanziari eccezionali per il secondo trimestre 2025, con ricavi in aumento del 503% a $2,24 milioni rispetto al secondo trimestre 2024. I ricavi del primo semestre 2025 hanno raggiunto $3,38 milioni, in crescita del 251% su base annua. La crescita 猫 stata trainata principalmente dal segmento Drone as a Service (DaaS) e dalla divisione SaaS per imprese.
Punti chiave: completamento di sei acquisizioni nel settore della topografia terrestre negli USA, rafforzamento della liquidit脿 a $10,29 milioni e avanzamento delle iniziative nel settore della difesa tramite le domande di certificazione Green UAS. L'azienda ha lanciato Zena AI Inc. per applicazioni militari ed esteso le capacit脿 produttive a Phoenix. Gli attivi totali sono saliti a $52,94 milioni, con capitale circolante migliorato a $13,02 milioni.
La direzione prevede una crescita continua grazie ai contributi a pieno periodo delle acquisizioni, punta a 25 societ脿 legate al DaaS entro met脿 2026 e all'espansione dei servizi droni nei settori commerciale e della difesa.
ZenaTech (NASDAQ: ZENA) inform贸 resultados financieros excepcionales en el segundo trimestre de 2025, con ingresos que aumentaron un 503% hasta $2.24 millones frente al segundo trimestre de 2024. Los ingresos del primer semestre de 2025 alcanzaron $3.38 millones, un incremento interanual del 251%. El crecimiento de la compa帽铆a se debi贸 principalmente a su segmento Drone as a Service (DaaS) y a la divisi贸n SaaS empresarial.
Logros clave incluyen la finalizaci贸n de seis adquisiciones de topograf铆a terrestre en EE.聽UU., el fortalecimiento de la reserva de efectivo a $10.29 millones y el avance de iniciativas en la industria de defensa mediante solicitudes de certificaci贸n Green UAS. La compa帽铆a lanz贸 Zena AI Inc. para aplicaciones militares y ampli贸 la capacidad de manufactura en Phoenix. Los activos totales crecieron hasta $52.94 millones, con capital de trabajo mejorado a $13.02 millones.
La direcci贸n espera un crecimiento sostenido gracias a las contribuciones completas de las adquisiciones, tiene como objetivo 25 empresas relacionadas con DaaS para mediados de 2026 y la expansi贸n de los servicios de drones en los sectores comercial y de defensa.
ZenaTech (NASDAQ: ZENA)電� 2025雲� 2攵勱赴 鞁れ爜鞐愳劀 韮侅洈頃� 靹标臣毳� 氚滍憸頄堨溂氅�, 毵れ稖鞚� 2024雲� 2攵勱赴 雽�牍� 503% 歃濌皜頃� $2.24 million鞚� 旮半頄堨姷雼堧嫟. 2025雲� 靸侂皹旮� 毵れ稖鞚� $3.38 million鞙茧 鞝勲厔 霃欔赴 雽�牍� 251% 歃濌皜頄堨姷雼堧嫟. 須岇偓鞚� 靹膘灔鞚� 欤茧 DaaS(Drone as a Service) 攵�氍戈臣 鞐旐劙頂勲澕鞚挫 SaaS 攵�氍胳棎 鞚橅暣 瓴澑霅橃棃鞀惦媹雼�.
欤检殧 靹标臣搿滊姅 氙戈淡 歆�靸� 旄‰焿鞐呾泊 6瓯� 鞚胳垬 鞕勲, 順勱笀 氤挫湢鞎§潉 $10.29 million鞙茧 臧曧檾, Green UAS 鞚胳 鞁犾箔鞚� 韱淀暅 氚╈渼 靷办梾 攵勳暭 歆勳爠鞚� 韽暔霅╇媹雼�. 須岇偓電� 甑办偓鞖� 鞎犿攲毽紑鞚挫厴鞚� 鞙勴暅 Zena AI Inc.毳� 於滊矓鞁滍偆瓿� 頂茧媺鞀れ棎 鞝滌“ 鞐焿鞚� 頇曥灔頄堨姷雼堧嫟. 齑濎瀽靷办潃 $52.94 million鞙茧 電橃棃瓿�, 鞖挫爠鞛愲掣鞚� $13.02 million鞙茧 臧滌劆霅橃棃鞀惦媹雼�.
瓴届榿歆勳潃 鞚胳垬 瓯措摛鞚� 鞝� 旮瓣皠 鞁れ爜 氚橃榿鞙茧 歆�靻嶌爜鞚� 靹膘灔鞚� 鞝勲頃橂┌, 2026雲� 欷戨皹旯岇 DaaS 甏�霠� 旮办梾 25瓿踌潉 氇╉憸搿� 頃橁碃 靸侅梾 氚� 氚╈渼 攵�氍� 鞝勲皹鞐� 瓯胳硱 霌滊 靹滊箘鞀るゼ 頇曤寑頃� 瓿勴殟鞛呺媹雼�.
ZenaTech (NASDAQ: ZENA) a publi茅 des r茅sultats financiers remarquables pour le deuxi猫me trimestre 2025, avec des revenus en hausse de 503% 脿 $2,24 millions par rapport au T2 2024. Les revenus de la premi猫re moiti茅 de 2025 se sont 茅lev茅s 脿 $3,38 millions, soit une augmentation de 251% en glissement annuel. La croissance a 茅t茅 principalement tir茅e par le segment Drone as a Service (DaaS) et la division SaaS entreprise.
Parmi les r茅alisations cl茅s : la finalisation de six acquisitions de soci茅t茅s d'arpentage terrestre aux 脡tats鈥慤nis, le renforcement de la tr茅sorerie 脿 $10,29 millions et l'avancement des initiatives dans le secteur de la d茅fense via des demandes de certification Green UAS. L'entreprise a lanc茅 Zena AI Inc. pour des applications militaires et 茅tendu ses capacit茅s de fabrication 脿 Phoenix. Le total des actifs est pass茅 脿 $52,94 millions, le fonds de roulement s'est am茅lior茅 pour atteindre $13,02 millions.
La direction anticipe une croissance continue gr芒ce aux contributions sur une p茅riode compl猫te des acquisitions, vise 25 entreprises li茅es au DaaS d'ici mi鈥�2026 et l'expansion des services de drones dans les secteurs commercial et d茅fense.
ZenaTech (NASDAQ: ZENA) meldete herausragende Finanzergebnisse f眉r das zweite Quartal 2025: Der Umsatz stieg im Vergleich zum zweiten Quartal 2024 um 503% auf $2,24 Millionen. Die Ums盲tze der ersten H盲lfte des Jahres 2025 erreichten $3,38 Millionen, ein Plus von 251% gegen眉ber dem Vorjahr. Das Wachstum wurde vor allem vom Bereich Drone as a Service (DaaS) und der Enterprise-SaaS-Sparte getragen.
Wesentliche Erfolge umfassen den Abschluss von sechs 脺bernahmen im Bereich Landvermessung in den USA, die St盲rkung der Zahlungsmittel auf $10,29 Millionen und Fortschritte in Verteidigungsprojekten durch Antr盲ge zur Green UAS鈥慫ertifizierung. Das Unternehmen gr眉ndete Zena AI Inc. f眉r milit盲rische Anwendungen und erweiterte die Fertigungskapazit盲ten in Phoenix. Die Gesamtaktiva wuchsen auf $52,94 Millionen, das Working Capital verbesserte sich auf $13,02 Millionen.
Das Management rechnet mit weiterem Wachstum durch volle Periodenbeitr盲ge der Akquisitionen, plant bis Mitte 2026 25 DaaS鈥憂ahe Unternehmen und die Ausweitung der Drohnen鈥慏ienstleistungen in den kommerziellen und verteidigungstechnischen Bereichen.
- Record quarterly revenue of $2.24 million, up 503% year-over-year
- Cash reserves increased 174% to $10.29 million from year-end 2024
- Successful completion of six US land surveying acquisitions
- Working capital improved significantly to $13.02 million from $3.39 million
- Total assets grew to $52.94 million from $34.65 million
- Expansion of manufacturing capabilities in Phoenix facility
- Increased expenses due to acquisitions and integration costs
- Company not yet profitable as it continues heavy investments in scaling operations
- Pending regulatory approvals for Green UAS certification still required
Insights
ZenaTech's 503% Q2 revenue surge to $2.24M demonstrates strong execution across drone services and SaaS, though profitability timeline remains uncertain.
ZenaTech's Q2 2025 results showcase remarkable revenue acceleration, with quarterly revenue reaching
The company's dual-revenue engine is now clearly visible in the numbers. DaaS contributed
Financially, ZenaTech has strengthened its position substantially. Cash reserves increased to
The expansion into defense applications represents a potentially lucrative pivot. Their Green UAS application submission and launch of Zena AI for military applications positions them to capitalize on government procurement opportunities, though revenue impact remains speculative until contracts materialize.
While expenses have increased as expected due to acquisitions and expansion efforts, management remains silent on specific profitability metrics or timeline. Their aggressive acquisition strategy (targeting 25 DaaS-related companies by mid-2026) suggests continued prioritization of growth over near-term profitability, leaving investors to determine how long they're willing to wait for bottom-line results.
VANCOUVER, British Columbia, Aug. 12, 2025 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology business solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions, announces financial results for the second quarter ended June 30, 2025. Results include a
Key Highlights for Q2 2025
- Record Revenue: Revenue for the quarter was
$2.24 million , a503% increase from$371,049 in Q2 2024 - Six-Month Growth Momentum: Revenue for the first half of 2025 reached
$3.38 million , up251% from$962,428 for the same period in 2024 - Successful Market Diversification: Drone as a Service contributed
$1.98 million in revenue for the first half, complementing$1.39 million from enterprise SaaS - Robust Balance Sheet: Cash reserves increased to
$10.29 million as of June 30, 2025, up from$3.75 million at year-end 2024 - Strategic Acquisitions: Completed six US land surveying and engineering company acquisitions in the first half of 2025, creating a nationwide platform for drone-powered surveying, inspections, inventory management, and other solutions for business and government
- Defense Business: Submitted applications for Green UAS (Uncrewed Aircraft Systems), part of the pathway to becoming a verified government supplier, partnered with key business development consultants to help secure government DoD (Department of Defense) contracts, and launched Zena AI Inc., which will focus on advanced AI development of military applications
Shaun Passley, PhD, ZenaTech CEO, commented, 鈥淭he second quarter 2025 was transformative for ZenaTech. Our aggressive entry into the drone services market has generated substantial revenue growth while our established enterprise software business continues to provide a stable foundation. The integration of our land surveying acquisitions positions us to lead the industry in the DaaS pay-per-use and subscription- based drone services for multiple applications from mapping and inspections to precision agriculture and inventory management.
鈥淚mportantly, we made significant headway in our defense business, launching Zena AI, our specialized AI development center for defense applications. We partnered with several consultants to help us find government procurement opportunities, grants, and build relationships to sell to the DoD. And we completed our application submission for the Green UAS certification for the IQ Nani and IQ Square drones, part of our path to be a verified Blue UAS supplier to the DoD. We believe defense will continue to be a key segment for our ZenaDrone subsidiary and we are poised to quickly react to the ongoing historic policy directives furthering American drone makers and industry growth and resulting regulatory and operational changes when implemented,鈥� continued Dr. Passley.
Financial Overview
- Revenue Growth: The significant increase was fueled by the full-scale rollout of the Drone as a Service segment encompassing six acquisitions and strong enterprise software license renewals
- Asset Growth: Total assets grew to
$52.94 million from$34.65 million at December 31, 2024, reflecting the impact of our acquisitions and technology investments - Working Capital Strength: Working capital improved to
$13.02 million , up from$3.39 million at year-end 2024 - Investments in Business Growth: Expenses increased as expected during the second quarter, largely due to the costs associated with acquired operations, expanded sales and marketing efforts, professional fees, and costs related to integration of acquisitions and product commercialization costs
Operational Highlights
- Expanded US DaaS footprint: Expanded presence in the Northwest and Southeast regions through six acquisitions, with immediate plans for integration of drone surveying technology into all locations
- Expanded Spider Vision Sensors in Taiwan: Expanded drone component parts manufacturing company, with additional business development and engineering staff to expand partnerships in East Asia targeting defense and commercial markets
- Expanding manufacturing capabilities: Accelerating drone production in the US to meet growing future demand through initiating the tripling of square footage in Phoenix by securing a new facility to enable full US drone manufacturing and a team of up to 30 by the end of this year
- Path to Profitability While the Company continues to invest heavily in scaling operations and integrating acquisitions, management remains confident in the strategic plan to achieve sustainable profitability as drone adoption accelerates globally
Outlook
ZenaTech expects continued revenue growth in the second half of 2025, driven by:
- Full-period contributions from recent acquisitions
- A pipeline of target acquisitions with a goal to have acquired a total of 25 DaaS-related companies by mid-2026
- Increased utilization of drone technology in existing operations in surveying and inspections, and introduce new applications such as precision agriculture, maintenance inspections, and power washing
- Expansion of SaaS offerings across existing and new enterprise customers
- Applications submitted and pending for Green UAS certification, which will be followed by Blue UAS certification submission required to be a verified provider on the procurement list to sell to the DoD and other defense agencies
鈥淲e are now well-positioned to expand our range of drone services in the US and globally. We have built a strong platform for long-term growth. The demand for drone technology and software solutions is growing rapidly, helped in the US by new Government policy directives, and we are uniquely positioned to capture market share in both commercial and defense sectors. We remain confident in our strategic plan to achieve sustainable profitability as drone adoption accelerates globally,鈥� concluded Dr. Passley.
Additional information is available from ZenaTech鈥檚 6K filing on the .
About ZenaTech
(Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) is a business technology solution provider specializing in AI drone, Drone as a Service (DaaS), enterprise SaaS and Quantum Computing solutions for mission-critical business applications. Since 2017, the Company has leveraged its software development expertise and grown its drone design and manufacturing capabilities through ZenaDrone, to innovate and improve customer inspection, monitoring, safety, security, compliance, and surveying processes. With enterprise software customers using branded solutions in law enforcement, government, and industrial sectors, and drones being implemented in agriculture, defense, logistics and land survey sectors, ZenaTech鈥檚 portfolio of solutions helps drive exceptional operational efficiencies, precision, and cost savings. The Company operates through offices in North America, Europe, Taiwan, and UAE, and is growing its DaaS business and network in the US.
About ZenaDrone
, a wholly owned subsidiary of ZenaTech, develops and manufactures autonomous business drone solutions that can incorporate machine learning software, AI, predictive modeling, Quantum Computing, and other software and hardware innovations. Created to revolutionize the hemp farming sector, its specialization has grown to multifunctional drone solutions for industrial surveillance, monitoring, inspection, process automation and defense applications. Currently, the drone is used for crop management applications in agriculture and critical field cargo applications in the defense sector, the indoor drone is used for inventory management and security in the warehouse and logistics sectors, and the is an outdoor drone designed for land survey and inspections use in commercial and defense sectors.
Contacts for more information:
Company, Investors, and Media:
Linda Montgomery
ZenaTech
312-241-1415
Investors:
Michael Mason
CORE IR
Safe Harbor
This press release and related comments by management of ZenaTech, Inc. include 鈥渇orward-looking statements鈥� within the meaning of U.S. federal securities laws and applicable Canadian securities laws. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. This forward-looking information relates to future events or future performance of ZenaTech and reflects management鈥檚 expectations and projections regarding ZenaTech鈥檚 growth, results of operations, performance, and business prospects and opportunities. Such forward-looking statements reflect management鈥檚 current beliefs and are based on information currently available to management. In some cases, forward-looking information can be identified by terminology such as 鈥渕ay鈥�, 鈥渨ill鈥�, 鈥渟hould鈥�, 鈥渆xpect鈥�, 鈥減lan鈥�, 鈥渁nticipate鈥�, 鈥渁im鈥�, 鈥渟eek鈥�, 鈥渋s/are likely to鈥�, 鈥渂elieve鈥�, 鈥渆stimate鈥�, 鈥減redict鈥�, 鈥減otential鈥�, 鈥渃ontinue鈥� or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech鈥檚 expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity;聽ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano;聽ZenaTech鈥檚 anticipated cash needs and it鈥檚 needs for additional financing;聽ZenaTech鈥檚 intention to grow the business and its operations and execution risk;聽expectations with respect to future operations and costs;聽the volatility of stock prices and market conditions in the industries in which ZenaTech operates;聽political, economic, environmental, tax, security, and other risks associated with operating in emerging markets;聽regulatory risks;聽unfavorable publicity or consumer perception;聽difficulty in forecasting industry trends;聽the ability to hire key personnel;聽the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech鈥檚 expected business objectives for the next twelve months;聽ZenaTech鈥檚 ability to obtain additional funds through the sale of equity or debt commitments;聽investment capital and market share; the ability to complete any contemplated acquisitions;聽changes in the target markets;聽market uncertainty;聽ability to access additional capital, including through the listing of its securities in various jurisdictions;聽management of growth (plans and timing for expansion);聽patent infringement;聽litigation;聽applicable laws, regulations, and any amendments affecting the business of ZenaTech.聽
FAQ
What was ZenaTech's (ZENA) revenue growth in Q2 2025?
How many acquisitions did ZenaTech complete in the first half of 2025?
What is ZenaTech's cash position as of Q2 2025?
What are ZenaTech's main business segments?
What is ZenaTech's expansion strategy for 2025-2026?
How much did ZenaTech's total assets grow in Q2 2025?
