Canada · Delayed Price · Currency is CAD Zedcor Earnings Call Transcripts
Fiscal Year 2025
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Record revenue and EBITDA growth driven by U.S. expansion and fleet investments, with strong margins and improved cash flow. Outlook remains positive with aggressive tower production targets and continued focus on enterprise customers and geographic expansion.
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Record Q3 revenue and EBITDA growth driven by U.S. and Canadian expansion, with strong margins and high tower utilization. New banking facility enhances liquidity for further growth, while ongoing investments in sales and production support continued scale and margin improvement.
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Record Q2 2025 revenue and EBITDA were driven by rapid U.S. and Canadian expansion, improved manufacturing efficiency, and strong customer demand. Margins remain robust, with further growth and branch expansion planned, while credit facilities and capital structure are being optimized.
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Record Q1 2025 revenue and adjusted EBITDA were driven by strong recurring revenue and rapid U.S. expansion, with margins above 35% and a net cash position. Growth is expected to continue in both Canada and the U.S., supported by a robust balance sheet and diversified customer base.
Fiscal Year 2024
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Record Q4 revenue and EBITDA growth driven by fleet expansion, high utilization, and operational efficiencies. Aggressive U.S. expansion and strong demand across verticals support a positive outlook, though short-term margins may dip due to upfront investments.
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Record Q3 revenue and EBITDA were driven by fleet expansion, high utilization, and operational efficiencies. Growth continues in both Canada and the U.S., with strong cash flow and ongoing investments to support scaling.
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Evolved from energy services to a national security solutions provider, diversifying its client base and expanding into new markets and technologies. Recurring revenue exceeds 75%, with a strong growth outlook and plans to add 1,000–1,200 towers in 2025.