ZenaTech's 2024 Financial Results: Revenue and Assets Soar!

Ladies and gentlemen, buckle up! We've got a tech stock that's making waves, and it's time to dive into the details. ZenaTech, the AI drone and quantum computing powerhouse, just dropped its 2024 financial results, and let me tell you, the numbers are *INCREDIBLE*! Revenue is up 7% to $1.96 million CAD, and assets have skyrocketed by 110% to $34.6 million. This is a company on the move, and you don't want to miss out on this rocket ship!



First things first, let's talk about that revenue growth. A 7% increase might not sound like much, but when you consider the one-time costs of listing on the Nasdaq Capital Market, it's a testament to ZenaTech's resilience. The company shelled out big bucks for lawyers, accountants, auditors, and financial advisors, but they're not letting that slow them down. In fact, they're using it as fuel to drive their growth engine!

Now, let's talk about those assets. A 110% increase is nothing to sneeze at, and it's all thanks to ZenaTech's aggressive acquisition strategy. They've snapped up three patents and four software companies, and they're not done yet. With multiple Letters of Intent (LOIs) signed, they're poised to make even more acquisitions that will *TREMENDOUSLY* increase future revenue. This is a company that's playing the long game, and they're not afraid to make big moves to get there.

But it's not just about the numbers. ZenaTech is also making strategic moves that will pay off big time in the future. They've expanded their global footprint with seven offices around the world, and they're launching new drone products like the IQ Nano and IQ Square. These aren't just gadgets; they're game-changers that will revolutionize industries from warehouse management to land surveys.

And let's not forget about their Drone as a Service (DaaS) business model. This is a *REVOLUTIONARY* approach that will create recurring revenue streams and lower customer adoption barriers. It's a bold move, but ZenaTech is all about taking risks and reaping the rewards.

Now, let's talk about the elephant in the room: liabilities. They've increased to $12.8 million, but with a debt-to-capitalization ratio of just 31%, ZenaTech is in a strong financial position. They've got enough cash and credit lines to finance the next 12 months of operations, and they're confident that internally generated cash and lines of credit will be sufficient to fund their drone development and acquisitions.

But don't just take my word for it. CEO Shaun Passley, Ph.D. has a lot to say in his letter to shareholders. He's talking about innovation, growth, and long-term shareholder value. He's talking about a company that's not afraid to take risks and make big moves. He's talking about a company that's poised to *DOMINATE* the drone industry.

So, what's the bottom line? ZenaTech is a company on the move, and you don't want to miss out on this rocket ship. With a 7% revenue increase, a 110% asset increase, and a bold acquisition strategy, ZenaTech is poised for *EXPLOSIVE* growth. They're not just playing the game; they're changing the rules. So, do yourself a favor and get on board before it's too late!