ZenaTech Targets Adjusted EBITDA Breakeven in 2027 Following 425% First-Half Revenue Growth
Key Highlights
- ➤2027 targeted adjusted EBITDA breakeven remains an internal planning goal, not a forecast
- ➤Q3 revenue estimated C$13.4–C$14.8 million, implying 44%–59% sequential growth
- ➤First-half revenue C$17.7 million, up 425% year over year
- ➤First-half net loss C$49.09 million, with operating expenses of C$61.21 million
- ➤DaaS generated 93% of first-half revenue as management preserves investment flexibility
Expert Statements
Shaun Passley, CEO of ZenaTech
“We believe ZenaTech is entering an important phase in its development,”
Shaun Passley, CEO of ZenaTech
“During the first half of 2026, we generated more revenue than during all of 2025, and our preliminary third-quarter estimates indicate that our growth trajectory will continue.”
Shaun Passley, CEO of ZenaTech
“We believe this expanding revenue base, together with operational efficiencies and acquisition integration, creates an opportunity for operational breakeven during 2027.”
Shaun Passley, CEO of ZenaTech
“Our focus is increasingly on translating revenue growth into improved operating performance while building a technology platform capable of supporting a significantly larger business,”
Shaun Passley, CEO of ZenaTech
“Achieving breakeven is an important objective, but we are not building ZenaTech for a single financial reporting period,”
Shaun Passley, CEO of ZenaTech
“If opportunities emerge to significantly accelerate our growth through acquisitions, government and defense programs, or new technology investments, we may choose to deploy additional capital even if doing so delays our breakeven timeline.”
Shaun Passley, CEO of ZenaTech
“We believe the appropriate measure of our success will be our ability to create a larger, stronger, and more sustainable business over time.”
Shaun Passley, CEO of ZenaTech
“Our capital allocation decisions will be guided by expected long-term returns, financial discipline, and shareholder value creation,”
Preliminary Q3 2026 revenue estimate of C$13.4–C$14.8 million (US$9.5–US$10.5 million), representing 44%–59% sequential growth, as management balances breakeven target with strategic growth opportunities
VANCOUVER, British Columbia, Oct. 26, 2026 (GLOBE NEWSWIRE) -- ZenaTech, Inc. (Nasdaq: ZENA) (FSE: 49Q) (BMV: ZENA) (“ZenaTech” or the “Company”), a technology solution provider specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that management is targeting 2027 as a potential breakeven year based on an adjusted EBITDA (a non-IFRS measure defined below). This operational target is supported by revenue growth, expansion of its DaaS operations, and anticipated operating efficiencies. In the first half of 2026, the Company reported revenue of C$17.7 million (approximately US$12.6 million). For the third quarter of 2026, the Company announced preliminary revenue estimates of C$13.4 million to C$14.8 million (approximately US$9.5 million to US$10.5 million), while retaining flexibility to pursue strategic growth opportunities.
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