MobileyeZ™ security towers

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Zedcor Inc. Announces Restricted Share Unit Grant
Newsfile· 2025-08-17 22:00
Company Announcement - Zedcor Inc. granted 60,000 Restricted Share Units (RSUs) to employees on August 14, 2025, under its fixed 10% RSU/DSU plan, which will expire three years from the grant date [1] - The RSUs will vest in three equal parts on the first, second, and third anniversaries of the grant date [1] Company Overview - Zedcor Inc. is innovating the physical security industry with its MobileyeZTM security towers, offering mobile surveillance and live monitoring solutions to major clients across North America [2] - The company is expanding its MobileyeZ™ tower platform in Canada and the U.S., focusing on high service levels, data-driven efficiency, and ongoing innovation [2] - Zedcor operates in Canada with service centers in British Columbia, Alberta, Manitoba, and Ontario, and is advancing its U.S. expansion to service markets in the Midwest and West Coast, including locations in Texas, Denver, Phoenix, and Las Vegas [2]
Zedcor Inc. Reports Quarterly Results, Including $13.5 Million in Revenue and $4.9 Million in Adjusted EBITDA for the Second Quarter 2025
Newsfile· 2025-08-13 00:55
Core Insights - Zedcor Inc. reported record quarterly revenue of $13.5 million and Adjusted EBITDA of $4.9 million for Q2 2025, marking an 84% year-over-year increase in revenue and an 83% increase in Adjusted EBITDA [5][11][21] Financial Performance - Revenue for Q2 2025 was $13.5 million, up from $7.4 million in Q2 2024, representing an 84% increase year-over-year and an 18% increase quarter-over-quarter [5][8][9] - Adjusted EBITDA for Q2 2025 was $4.9 million, compared to $2.7 million in Q2 2024, reflecting an 83% increase year-over-year [5][10] - The Adjusted EBITDA margin was 36%, supported by strong contribution margins in Canada and operational efficiencies [5][10] Operational Highlights - Zedcor deployed 316 new MobileyeZTM security towers in Q2 2025, bringing the total fleet to 1,882 towers [5][14] - The utilization rate for the fleet of security towers exceeded 90% for the quarter, with the U.S. market showing near 100% utilization [2][3][11] - The U.S. accounted for 32% of total revenue in Q2 2025, with strong demand continuing in both the U.S. and Canada [3][5] Strategic Initiatives - The company is expanding its operations in the U.S., focusing on major markets in Texas, Colorado, Arizona, and Nevada, and plans to establish additional locations in key regions by late 2025 and 2026 [4][14][21] - Zedcor is committed to enhancing its supply chain and manufacturing capabilities to meet growing customer demand, with a target of producing 1,200 to 1,400 security towers in 2025 [6][23] Customer Base and Market Demand - The company has diversified its customer base across various sectors, including residential home construction, retail security, and logistics, reducing customer concentration risk [14][21] - Zedcor continues to see strong demand for its security services, driven by increased infrastructure spending and concerns over theft and vandalism [23][24]
Zedcor Inc. Announces Timing of Second Quarter Financial Results Conference Call
Newsfile· 2025-08-05 00:00
Zedcor Inc. Announces Timing of Second Quarter Financial Results Conference Call | Date: | Wednesday, August 13, 2025 | | --- | --- | | Time: | 10:00 am ET (8:00 am MT) | | Webinar Link:https://bit.ly/ZDCQ22025 | | | Dial: | 647-374-4685 Toronto local | | | 780-666-0144 Calgary local | | | 778-907-2071 Vancouver local | | | 346-248-7799 Houston local | | Meeting ID #: | 996 1808 1293 | Please connect 10 minutes prior to the conference call to ensure time for any software download that may be required. Parti ...