Zenatech FY26 H1 net loss widens to CAD 49.09 million; revenue more than doubled to CAD 17.73 million
Bitget2026/09/24 20:06- Zenatech posted revenue of CAD 17.73 million for the six months ended June 30, 2026, more than quadrupling from CAD 3.38 million.
- Net loss widened to CAD 49.09 million, and loss per share widened to CAD 0.73 from CAD 0.38 a year earlier.
- Cash used in operating activities rose to CAD 43.48 million, while cash increased to CAD 12.24 million from CAD 5.98 million at Dec. 31.
- Current assets climbed to CAD 58.3 million, while total liabilities rose to CAD 57.9 million from CAD 31.8 million at year-end.
- The company highlighted acquisitions including NOW Solutions, Andy Paris & Associates, High Prairie Survey Company, NorthGroup Consulting, and Green Earth Power Washing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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