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Financial statements

ZenaTech, Inc. financial statements

Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data ZenaTech, Inc. files with the SEC in its annual reports.

In CAD millions, except per-share amounts. Outflows in the cash flow statement are negative.

Income statement

FY2024FY2024FY2025
Revenue1.831.96
Operating expenses2.064.9838.2
Operating income-0.23-3.01-25.3
Interest expense0.471.45
Interest income00.030.09
Other non-operating income-1.45-19.9
Income tax-00
Net income-0.24-4.48-45.2
EBITDA0.03-2.73-23.1
Shares, basic (weighted)16.818.434.2
Shares, diluted (weighted)16.818.434.2

Balance sheet

FY2024FY2024FY2025
Cash and equivalents03.755.98
Receivables0.050.214.17
Inventory02.84
Other current assets0.020.42.03
Total current assets2.576.2833.2
Property, plant and equipment0.030.4211.7
Lease right-of-use assets0.250.21
Goodwill2.472.47
Intangible assets2.492.2910.4
Other non-current assets3.664.836.68
Total assets16.534.6
Accounts payable0.291.429.07
Total current liabilities1.082.8915
Long-term debt0.190.153.28
Total liabilities9.1312.831.8
Total debt0.190.153.28
Paid-in capital6.3516.6111
Retained earnings-4.04-8.52-53.7
Shareholders' equity7.3221.868
Total equity7.3221.868
Total liabilities and equity16.534.699.8
Shares outstanding16.825.1

Cash flow statement

FY2024FY2024FY2025
Net income-0.24-4.48-45.2
Depreciation and amortization0.260.282.18
Deferred income tax-00
Change in receivables0.070.08-0.98
Change in payables0.120.17-2.52
Cash from operations-1.98-9.83-35.5
Capital expenditures-0-0.4-7.97
Cash from investing-0.92-1.93-29.3
Stock issued04.130
Cash from financing2.8114.967.5
Net change in cash-0.23.752.23
Free cash flow-1.98-10.2-43.4

Key metrics

Worked out from the statements above. Latest values use fiscal 2025. No valuation: the share price is quoted in a different currency than the statements.

Profitability

MetricValueHow it is calculated
Return on equity (ROE)-100.7%Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on invested capital (ROIC)-47.9%Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.

Growth

MetricValueHow it is calculated
Book value growth, 1y211.5%Book value vs the same period a year earlier. Only from a positive base.
Share count change, 1y85.5%Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.

Balance sheet health

MetricValueHow it is calculated
Current ratio2.22xCurrent assets / current liabilities.
Quick ratio0.68x(Cash + short-term investments + receivables) / current liabilities.
Cash ratio0.40x(Cash + short-term investments) / current liabilities.
Debt / equity0.05xTotal debt / shareholders' equity. Not shown when equity is negative.
Net debt-CA$2.7MTotal debt - cash - short-term investments. Negative means more cash than debt.
Working capitalCA$18.3MCurrent assets - current liabilities.
Tangible book valueCA$57.6MShareholders' equity - goodwill - intangible assets.

Per share

MetricValueHow it is calculated
FCF per share-CA$1.27Free cash flow / diluted weighted shares.
Operating cash flow per share-CA$1.04Cash from operations / diluted weighted shares.
Book value per shareCA$1.99Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Tangible book per shareCA$1.69Tangible book value / shares outstanding.
Cash per shareCA$0.17(Cash + short-term investments) / shares outstanding.
Was ZenaTech, Inc. profitable in fiscal 2025?

No. It reported a net loss of CA$45.2M.

How much free cash flow did ZenaTech, Inc. generate in fiscal 2025?

Cash from operations of CA$35.5M minus capital expenditures of CA$8.0M left free cash flow of -CA$43.4M.

Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.

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