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Company price
5.29 CAD 0.10 ( 1.93%)
Last update at 2026-11-04T20:35:00Z
VOLUME
171409
Market Cap
642.27M
P/E
289.50

Momentum Score

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Zedcor Inc. provides turnkey and customized mobile surveillance and live monitoring solutions in Canada and the United States. The company engages in the provision of rental, maintenance, remote video monitoring data streaming and any related software or hardware upgrade services of its MobileyeZ security towers; surveillance and live monitoring of fixed site locations; ancillary services related to fixed site security camera installations; and security guard and personnel services. It serves customers in the commercial, industrial, and residential construction; energy; retail; pipeline construction; utilities; and infrastructure construction sectors. The company was founded in 2011 and is headquartered in Calgary, Canada.

Source: TradingView
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Day Price Range
5.13
Low
5.38
High
52 Week Price Range
2.98
Low
7.00
High

Momentum Score

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A unique technical analysis driven score developed by Kalkine showing momentum in stock prices based on select technical indicators identified.

Score - Rating
>= 1 - Low / > 1 but < 2 - Below Average / > 2 but < 3 - Average / > 3 but < 4 - Above Average / > 4 - High
AI Summary

Zedcor Energy Inc. is a small-cap Canadian company operating in the oilfield services sector, providing services and equipment to upstream energy operators according to public filings. Long-term growth may be supported by recovery in drilling and production activity, rising energy investment and operational improvements, making the company attractive to investors seeking leveraged exposure to an energy-sector rebound.
Principal risks include sensitivity to oil and gas prices and activity levels, limited liquidity and scale typical of TSX Venture issuers, balance-sheet and execution constraints, and competitive pressure in a capital-intensive industry.

Risk Score
Medium

Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.

Key Metrics*

Previous Close
5.19
Dividend Yield
-
Revenue TTM
58.91M
Revenue Per Share
0.57
Gross Profit TTM
37.10M
Debt / Equity
0.89
ROE
5.81%
Net Debt
38.36M
ROCE
3.60%
Diluted EPS TTM
0.02

Key Financials*

Income Statement

Balance Sheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Income before tax 0.97M 1.63M 4.58M 3.99M -1.58M
Net income 2.72M 1.63M 6.59M 6.00M -3.90M
Selling general administrative 29.16M 12.87M 7.61M 5.16M 3.23M
Selling and marketing expenses - 0.85M - 0.33M 0.20M
Gross profit 37.10M 19.34M 12.90M 10.77M 6.17M
Reconciled depreciation 13.23M 7.11M 4.37M 3.35M 2.27M
Ebit - 3.58M - 4.95M 1.95M
Ebitda - 10.69M - 8.30M 4.23M
Depreciation and amortization - 7.11M - 3.35M 2.27M
Operating income 4.09M 3.35M 3.83M 4.95M 1.95M
Other operating expenses - 29.65M - 18.00M 11.60M
Interest expense 2.43M 1.95M 1.39M 1.03M 3.16M
Tax provision -1.75M 0.00M -2.00M -2.00M -0.02M
Interest income - - - 1.13M 3.16M
Net interest income -2.69M -1.95M -1.47M -1.06M -3.16M
Extraordinary items - - - 0.00M -2.32M
Income tax expense - - - -2.00M 2.69M
Total revenue 58.91M 32.99M 25.51M 22.10M 13.55M
Total operating expenses 54.83M 16.00M 21.67M 6.67M 4.22M
Cost of revenue 21.81M 13.65M 12.61M 11.33M 7.38M
Total other income expense net -0.43M -1.72M 2.22M 0.96M -0.37M
Discontinued operations - - - - -2.32M
Net income from continuing ops 2.72M 1.63M 6.59M 6.00M -1.58M
Net income applicable to common shares - - - 6.00M -3.90M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Total assets 134.38M 67.45M 42.97M 32.58M 19.80M
Other current assets - 0.80M 0.65M - -
Total liab 72.81M 35.46M 30.86M 24.09M 19.40M
Total stockholder equity 61.57M 31.99M 12.12M 8.49M 0.40M
Other current liab - - 2.42M - -
Common stock - 131.32M 114.02M 113.18M 107.81M
Capital stock 156.49M 131.32M 114.02M 113.18M 110.67M
Retained earnings -100.87M -103.59M -105.22M -106.50M -112.54M
Other assets - - 0.00M 4.53M 2.99M
Cash 2.66M 5.76M 1.47M 0.57M 0.11M
Total current liabilities 20.74M 14.24M 9.45M 7.38M 5.96M
Current deferred revenue - - -2.42M - -
Net debt 38.36M 22.56M 26.14M 13.16M 10.96M
Short term debt - 7.11M 6.21M 0.00M 0.00M
Short long term debt 0.42M 4.07M 3.79M 2.20M 2.23M
Short long term debt total - 28.33M 27.61M - -
Other stockholder equity - 3.40M 2.22M 1.37M 0.59M
Property plant equipment - - - 20.50M 12.36M
Total current assets 18.14M 15.54M 7.29M 7.54M 4.44M
Net tangible assets - - - 8.49M -2.47M
Net receivables 12.58M 8.52M 4.69M 4.65M 3.68M
Long term debt 40.59M 16.05M 16.09M 11.53M 8.83M
Inventory 0.56M 0.47M 0.47M 1.31M 0.38M
Accounts payable - 7.13M 3.24M 3.41M 2.38M
Accumulated other comprehensive income - 0.86M 1.09M - -
Non currrent assets other - 0.22M 0.18M - -
Non current assets total 116.24M 51.91M 35.68M 25.04M 15.35M
Capital lease obligations 16.14M 8.20M 7.73M 6.95M 5.96M
Long term debt total - - - 16.71M 13.44M
Breakdown 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Type yearly yearly yearly yearly yearly
Date 2025-12-31 2024-12-31 2023-12-31 2022-12-31 2021-12-31
Investments - -20.53M -12.82M -8.61M 6.58M
Change to liabilities - - - 0.00M 0.44M
Total cashflows from investing activities - -20.53M - -8.61M 6.58M
Net borrowings 16.97M -1.99M - - -11.85M
Total cash from financing activities 40.81M 13.80M 1.53M 2.88M -11.77M
Change to operating activities - - - -1.80M -0.04M
Net income 2.72M 1.63M 6.59M 6.00M -1.58M
Change in cash -3.11M 4.29M -0.17M 0.46M -0.65M
Begin period cash flow 5.76M 1.47M 1.13M 0.11M 0.76M
End period cash flow 2.66M 5.76M 0.96M 0.57M 0.11M
Total cash from operating activities 16.98M 11.02M 11.12M 6.19M 4.54M
Issuance of capital stock 23.49M 13.41M 0.00M 1.98M 0.00M
Depreciation 13.23M 7.11M 4.37M 3.35M 2.27M
Other cashflows from investing activities - 0.86M - 0.16M 12.17M
Change to inventory -0.09M 0.01M - -0.93M -0.38M
Change to account receivables -4.75M -3.72M - -1.56M 0.05M
Sale purchase of stock - - 0.00M -0.04M 0.07M
Other cashflows from financing activities - 2.38M - 5.23M 8.27M
Change to netincome - - - - 6.11M
Capital expenditures 65.52M 21.39M 12.56M 8.99M 5.76M
Change in working capital -2.65M -0.85M 1.27M -1.80M 0.06M
Stock based compensation 4.71M 1.57M 0.43M 0.13M 0.14M
Other non cash items 0.65M 1.57M 0.55M 0.52M 1.75M
Free cash flow -48.54M -10.37M -1.44M -2.80M -1.22M

Peer Comparison*

Sector: Industrials Industry: Security & Protection Services

Stock Name
Change
(CAD)
Price
(CAD)
Trailing
PE (x)
Forward
PE (x)
Price Sales
TTM (x)
Price to Book Value (x)
Enterprise Value
to Revenue (x)
Enterprise Value
to EBITDA (x)
ZDC
Zedcor Energy
0.10
1.93%
5.29 289.50 149.25 10.90 10.74 12.15 40.61
GSI
Gatekeeper Systems Inc
-0.01
0.63%
1.57 - 185.19 4.94 4.11 4.55 326.21
XX
Avante Logixx Inc
-0.05
2.86%
1.70 - 151.52 1.06 3.00 0.97 20.85
SCAN
Liberty Defense Holdings Ltd
-0.07
3.78%
1.78 - - 8.22 8.91 6.81 -1.78
PTE
Pioneering Technology Corp
-0.01
25.00%
0.01 - 19.49 0.36 0.76 0.62 28.39

Profile*

Zedcor Energy

Zedcor Inc. provides turnkey and customized mobile surveillance and live monitoring solutions in Canada and the United States. The company engages in the provision of rental, maintenance, remote video monitoring data streaming and any related software or hardware upgrade services of its MobileyeZ security towers; surveillance and live monitoring of fixed site locations; ancillary services related to fixed site security camera installations; and security guard and personnel services. It serves customers in the commercial, industrial, and residential construction; energy; retail; pipeline construction; utilities; and infrastructure construction sectors. The company was founded in 2011 and is headquartered in Calgary, Canada.

151 Canada Olympic Road SW, Calgary, AB, Canada, T3B 6B7

403 930 5430

240

Name Title Year Born
Mr. Todd Michael Ziniuk Pres & CEO 1976
Mr. Amin Ladha Chief Financial Officer NA
Mr. James Leganchuk Chief Revenue Officer NA
Mr. Tony Ciarla Exec. VP NA
Jan Campbell Corp. Sec. NA
Mr. Todd Michael Ziniuk President, CEO & Director 1976
Mr. Tony Ciarla Executive Vice President NA
Jan M. Campbell Corporate Secretary NA
Mr. Kyle Doenz Chief Technology Officer NA
Mr. James Leganchuk President Operations of North America NA

Disclaimer - (*)This information, including any data, is sourced from Unicorn Data Services SAS, trading as EOD Historical Data (“EODHD”) on an ‘as is’ basis, using their API. We cannot guarantee the completeness or validity of the information and data provided on this page, as well as via the API. In some cases, the data may include analyst ratings or recommendations sourced through the EODHD API, which are intended solely for general information purposes.
This information does not consider your personal objectives, financial situation, or needs. Kalkine is not liable for any errors or omissions in the information provided or for any actions taken in reliance on it. You should seek advice from a financial adviser, stockbroker or other professional adviser (including taxation and legal advice) as necessary before acting on this information.

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