ZenaTech (ZENA) Noble Capital Markets’ Emerging Growth Virtual Equity Conference summary

Business overview and strategy

• Designs and manufactures drones, operates a Drone-as-a-Service business, and offers enterprise SaaS software, targeting government, military, and commercial sectors.

• Over 60% insider ownership; went public via Nasdaq direct listing in October 2024.

• Drone-as-a-Service growth driven by acquiring land survey and service companies, aiming for 25 acquisitions by mid-2026.

• Vertically integrated, developing and manufacturing own drone components and sensors.

• International presence with facilities in the U.S., Canada, UAE, Taiwan, and Europe.

Financial performance and acquisitions

• 2024 revenue was $2 million, all from SaaS; by Q3 2025, revenue grew to $7.73 million, shifting focus to drones.

• Over 60% of 2025 revenue (up to Q3) from drone division; Q3 revenue up 1,225%.

• $19.5 million in cash and marketable securities as of Q3 2025.

• Completed 20 acquisitions, mainly profitable companies with existing customer bases.

Product development and innovation

• ZenaDrone 1000 is a heavy-lift cargo drone for defense; other models target inventory management, land surveying, and agriculture.

• Product development is iterative, incorporating client feedback and industry-specific needs.

• R&D division focuses on advanced AI, traffic/fire management, and next-generation solutions like quantum computing.

• Vertically integrated approach with in-house component and battery development.