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SEC filingZenaTech, Inc. reports record full-year 2025 revenue of $12.9 million, up 558% year-over-year, driven by Drone as a Service expansion and 20 acquisitions, with total assets reaching $99.8 million.
ZenaTech delivered explosive 558% revenue growth to $12.9 million for full-year 2025, primarily fueled by its Drone as a Service (DaaS) segment which contributed $10.1 million in its inaugural full year, representing 78% of total revenue. This surge stemmed from 20 strategic acquisitions, including 19 land surveying and inspection firms across the US, UK, and Canada, plus the UK-based Othership Limited enterprise software company, immediately accretive to revenue with expected margin expansion over 12-24 months through drone integration. Enterprise SaaS grew more modestly by 43% to $2.8 million, supported by subsidiaries like PsPortals, Ecker, and ZooOffice. Balance sheet strength improved markedly with total assets tripling to $99.8 million, cash reserves up 301% to $15.1 million, and working capital surging 439% to $18.3 million, funding ongoing expansion despite a $45.2 million net loss (including $18.1 million non-cash derivative charges). Operationally, the company advanced defense initiatives with Ukraine-based Phoenix Aero LLC in Lviv for Interceptor P-1 drone manufacturing and testing, targeting under $5,000 pricing for counter-UAS systems aimed at US Department of War and Gulf partners. New offices in Seoul and London bolster APAC and EMEA presence, while ZenaDrone engages defense stakeholders at major tradeshows like Xponential 2026. Management highlights full-year DaaS contributions, continued M&A, manufacturing scale-up in Ukraine/Arizona, and pilot programs as 2026 growth drivers, positioning ZenaTech to capitalize on drone demand in defense and commercial markets.