ZenaTech Inc. announced a substantial revenue increase for the first six months ending June 30, 2026, with figures reaching CAD 17.7 million, up from CAD 3.4 million in the same period last year. The growth was largely attributed to contributions from recently acquired businesses, particularly within its Drone as a Service segment which generated CAD 16.4 million.
Despite the revenue surge, the company's net loss expanded significantly to CAD 49.1 million, compared to a CAD 10.7 million loss in the prior year. Similarly, cash used in operating activities increased fourfold to CAD 43.5 million. These results highlight the costs associated with ZenaTech's aggressive acquisition-led growth strategy, presenting a mixed financial picture of rapid expansion coupled with deepening losses and a higher rate of cash burn.