ZenaTech, Inc. announced its 2024 full year financial results, reporting annual revenue of $1.96 million, an increase from $1.83 million in 2023. The company's net income for 2024 was -$4.48 million, indicating continued investment in growth initiatives.
In a letter to shareholders, Chairman and CEO Shaun Passley, Ph.D., highlighted key accomplishments since the Nasdaq listing in October 2024. These include leveraging software development expertise, growing AI drone design and manufacturing capabilities through ZenaDrone, and serving enterprise SaaS customers.
The company announced its Drone-as-a-Service (DaaS) business and made progress on its revenue-accretive acquisition strategy, operating through seven global offices. ZenaTech also launched the IQ Nano indoor drone, advanced the IQ Square, and established Spider Vision Sensors in Taiwan for military-compliant component manufacturing. The 'Sky Traffic' quantum computing project for traffic management, weather forecasting, and wildfire management was also launched.
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