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ZenaTech Announces Revenue Increase of 15% for the Third Quarter Ended September 30th, 2024 and Provides Corporate Highlights

GlobeNewswire LogoGlobeNewswire1w ago

ZenaTech Announces Revenue Increase of 15% for the Third Quarter Ended September 30th, 2024 and Provides Corporate Highlights - GlobeNewswire

Quick Summary:

In some cases, forward-looking information can be identified by terminology such as "may”, "will”, "should”, "expect”, "plan”, "anticipate”, "aim”, "seek”, "is/are likely to”, "believe”, "estimate”, "predict”, "potential”, "continue” or the negative of these terms or other comparable terminology intended to identify forward-looking statements. Forward-looking information in this document includes, but is not limited to ZenaTech’s expectations regarding its revenue, expenses, production, operations, costs, cash flows, and future growth; expectations with respect to future production costs and capacity; ZenaTech's ability to deliver products to the market as currently contemplated, including its drone products including ZenaDrone 1000 and IQ Nano; ZenaTech’s anticipated cash needs and its needs for additional financing; ZenaTech’s intention to grow the business and its operations and execution risk; expectations with respect to future operations and costs; the volatility of stock prices and market conditions in the industries in which ZenaTech operates; political, economic, environmental, tax, security, and other risks associated with operating in emerging markets; regulatory risks; unfavorable publicity or consumer perception; difficulty in forecasting industry trends; the ability to hire key personnel; the competitive conditions of the industry and the competitive and business strategies of ZenaTech; ZenaTech’s expected business objectives for the next twelve months; ZenaTech’s ability to obtain additional funds through the sale of equity or debt commitments; investment capital and market share; changes in the target markets; market uncertainty; ability to access additional capital, including through the listing of its securities in various jurisdictions; management of growth (plans and timing for expansion); patent infringement; litigation; applicable laws, regulations, and any amendments affecting the business of ZenaTech.  Forward-looking statements are based on certain assumptions and analyses made by the management of ZenaTech in light of its experience and understanding of historical trends and current conditions and other factors management believes are appropriate to consider, which are subject to risks and uncertainties.

These include: Jadian, a company providing compliance, permit and inspection software for government, health, and retail businesses; DeskFlex, an AI room booking and office space optimization software company; Interactive Systems, a warehouse management software platform including inventory management, e-commerce, order processing, and handheld devices and other interface connections company; and InterlinkONE, a warehouse management solution for maintaining multiple warehouses, software platforms, and software integrations company.

"Our first quarter as a public company consisted of laying the groundwork for growth by making strides on many fronts, including our products by launching the IQ Nano autonomous AI drone and starting our first paid inventory management trial with a significant multinational customer.

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Article Details

Author / Journalist: ZenaTech Inc.

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 12:30:00 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Readers: 53 people read this story

Article Length: 1062 words

Reading Time: 6 minutes read

Sentences: 25 lines

Sentence Length: 43 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 23585015

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About GlobeNewswire

Main Topics: Technology

Official Website: globenewswire.com

Update Frequency: 61 posts per day

Year Established: 1998

Headquarters: China

News Last Updated: 8 hours ago

Coverage Areas: China

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #116

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