ZenaTech, Inc.

ZenaTech, Inc., a software and emerging drone technology company, reported revenue of $1,963,605 for FY 2024, up 7% from $1,827,740 in FY 2023, driven by acquisitions of Ecker Capital and ZooOffice adding $532,553 or 37% of total revenue. PsPortals contributed 70% of revenue at $1,370,692. Despite revenue growth, the company posted a net loss of $4,481,751, widening from $241,504 in 2023, due to sharply higher general and administrative expenses of $6,424,599 (up 212%), including $1.45M in marketing, Nasdaq listing costs, and stock-based compensation. Product development costs capitalized reached $1,169,126, focused on drone technology. Balance sheet strengthened with total assets at $34.6M (up 111%) and working capital of $3.4M (up 127%), supported by $14.9M in financing inflows. No XBRL numerical data provided; figures from document text. Forward-looking, drone pilots and land survey acquisitions signal growth, though ongoing losses and debt reliance pose risks.

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