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Calgary, Alberta--(Newsfile Corp. - May 22, 2024) - Zedcor Inc. (TSXV: ZDC) (the "Company") today announced its financial and operating results for the three months ended March 31, 2024.

Q1 2024 revenues were $6.1 million and the Company generated adjusted EBITDA of $1.9 million. The Company's successfully continued its customer diversification and revenue growth efforts during the quarter. Midway through February 2024, Zedcor started generating record daily revenues from its fleet of MobileyeZTM security towers and utilization rates for the Company's fleet of Electric MobileyeZTM security towers was above 90%. In addition, the Company's growth efforts in the United States are progressing well with 5% of Q1 2024 revenues being generated from US operations in three months of sales efforts. Furthermore, the Company's revenue base is now largely diversified across customers and geographies. see & read more on
https://www.newsfilecorp.com/release/210186