ZenaTech Inc. (ZENA) Income Statement
ZENA 2025 at a glance
Fiscal year ended December 31, 2025 · Canadian dollarsZENA revenue and net income
Where ZENA's revenue goes
2025Each bar shows an amount and its share of revenue. ZENA kept −350.2% of revenue as net income.
ZENA profit margins
ZENA growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +557.6% | +62.2% | +67.0% | — |
| Gross profit | −374.6% | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
ZENA income statement in Canadian dollars
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Revenue | C$12.9M | C$2.0M | C$1.8M | C$3.0M | C$2.3M | C$992,749 |
| Cost of revenue | C$17.7M | C$222,010 | C$149,423 | C$567,119 | C$930,728 | C$0 |
| Gross profit | −C$4.8M | C$1.7M | C$1.7M | C$2.5M | C$1.4M | C$992,749 |
| Research & development | — | C$217,603 | — | — | — | — |
| Sales, general & admin | C$18.0M | C$4.5M | C$1.2M | C$1.9M | C$1.2M | C$1.1M |
| Total operating expenses | C$20.5M | C$4.8M | C$1.4M | C$2.1M | C$1.4M | C$1.1M |
| Operating income | −C$25.3M | −C$3.0M | C$244,534 | C$345,476 | −C$52,842 | −C$147,585 |
| Interest income | C$88,426 | C$27,348 | C$0 | C$29,474 | C$54,830 | C$53,911 |
| Interest expense | C$19.9M | C$1.4M | C$470,488 | C$226,170 | C$173,862 | C$29,614 |
| Income before taxes | −C$45.2M | −C$4.5M | −C$245,676 | −C$1,177 | −C$221,862 | −C$217,704 |
| Income taxes | — | — | −C$4,172 | −C$15,453 | −C$5,763 | −C$5,771 |
| Net income | −C$45.2M | −C$4.5M | −C$241,504 | C$14,276 | −C$216,099 | −C$211,934 |
| EBITDA | −C$23.2M | −C$2.8M | C$487,871 | C$464,866 | C$107,143 | −C$155,926 |
| Gross margin | −37.0% | 88.7% | 91.8% | 81.3% | 59.3% | 100.0% |
| Operating margin | −196.1% | −153.5% | 13.4% | 11.4% | −2.3% | −14.9% |
| Net margin | −350.2% | −228.2% | −13.2% | 0.5% | −9.5% | −21.3% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | C$9.3M | C$8.5M | C$5.2M | C$4.3M | C$2.2M | C$1.1M | C$673,299 | C$327,878 | C$371,049 | C$591,379 | C$704,320 | C$266,190 |
| Cost of revenue | C$1.2M | C$1.4M | C$8.2M | C$5.2M | C$597,479 | C$91,952 | C$191,179 | C$4,112 | C$2,945 | C$23,774 | C$14,813 | C$3,390 |
| Gross profit | C$8.1M | C$7.1M | −C$3.0M | C$4.3M | C$1.6M | C$1.0M | C$673,299 | C$323,766 | C$368,104 | C$567,605 | C$689,507 | C$262,800 |
| Research & development | — | — | — | — | — | C$66,630 | C$50,498 | — | — | — | — | — |
| Sales, general & admin | — | C$9.3M | C$9.3M | C$4.7M | C$5.3M | C$3.9M | C$2.8M | C$786,053 | C$453,876 | C$470,489 | C$193,251 | C$272,226 |
| Total operating expenses | C$29.8M | C$29.1M | C$18.8M | C$8.7M | C$5.6M | C$4.0M | C$3.1M | C$855,369 | C$461,293 | C$537,312 | C$264,818 | C$344,546 |
| Operating income | −C$21.8M | −C$21.9M | −C$13.6M | −C$4.4M | −C$3.9M | −C$3.0M | −C$2.4M | −C$531,603 | −C$93,189 | C$30,293 | C$424,689 | −C$81,746 |
| Interest income | — | C$13,889 | C$64,376 | C$9,874 | C$7,074 | C$7,102 | C$6,837 | C$6,837 | C$6,837 | C$6,837 | C$0 | C$0 |
| Interest expense | — | C$5.2M | C$8.4M | C$7.3M | C$2.6M | C$1.6M | C$954,543 | C$173,403 | C$168,041 | C$150,761 | C$139,307 | C$130,413 |
| Income before taxes | −C$22.4M | −C$27.0M | −C$22.2M | −C$12.3M | −C$6.1M | −C$4.6M | −C$3.4M | −C$688,062 | −C$256,542 | −C$120,924 | C$274,553 | −C$220,084 |
| Income taxes | — | — | — | — | — | — | — | — | — | — | −C$1,015 | −C$1,061 |
| Net income | −C$22.4M | −C$27.0M | −C$22.2M | −C$12.3M | −C$6.1M | −C$4.6M | −C$3.4M | −C$688,062 | −C$256,542 | −C$120,924 | C$275,567 | −C$219,023 |
| EBITDA | −C$20.5M | −C$20.4M | −C$12.4M | −C$11.8M | −C$3.3M | −C$2.9M | −C$2.4M | −C$445,343 | −C$20,951 | C$96,660 | C$485,427 | −C$17,351 |
| Gross margin | 86.9% | 83.6% | −57.2% | 100.0% | 73.3% | 91.9% | 100.0% | 98.7% | 99.2% | 96.0% | 97.9% | 98.7% |
| Operating margin | −234.7% | −256.7% | −262.4% | −100.7% | −174.4% | −263.5% | −355.3% | −162.1% | −25.1% | 5.1% | 60.3% | −30.7% |
| Net margin | −241.6% | −316.0% | −428.0% | −282.4% | −273.1% | −406.0% | −507.4% | −209.9% | −69.1% | −20.4% | 39.1% | −82.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in Canadian dollars as reported in ZENA's financial statements (latest annual report filed April 29, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
ZENA financial results
In fiscal year 2025 (ended December 31, 2025), ZenaTech reported revenue of C$12.9 million, up 557.6% from the year before. It had a net loss of C$45.2 million, a net profit margin of −350.2%. Over five years revenue grew at an average rate of 67.0% a year. Figures are in Canadian dollars, the currency of its financial statements.
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ZENA income statement FAQ
What is ZenaTech's annual revenue?
ZenaTech reported total revenue of C$12.9 million for fiscal year 2025, which ended on December 31, 2025. That was up 557.6% from C$2.0 million the previous year.
Is ZenaTech profitable?
No. ZenaTech reported a net loss of C$45.2 million in fiscal 2025, a net profit margin of −350.2%; its operating margin was −196.1%.
What is ZenaTech's gross margin?
ZenaTech's gross margin was −37.0% in fiscal 2025: for every $100 of revenue, ZenaTech kept $-37 after the direct cost of its products and services.
How fast is ZenaTech growing?
Revenue grew 67.0% a year on average over the last five fiscal years, from C$1.0 million to C$12.9 million.
When will ZenaTech report its next earnings?
ZenaTech is expected to report results for the quarter ending September 30, 2026 on November 10, 2026.
When does ZenaTech's fiscal year end?
ZenaTech's fiscal year ends in December. The latest annual report covers the year ended December 31, 2025 and was filed on April 29, 2026.