ZEDCOR Business Summary

Zedcor, Inc. (ZDCAF) operates as a technology-enabled physical security provider, generating revenue primarily through the rental, 24/7 live monitoring, and maintenance of its proprietary MobileyeZ™ security towers. The company’s business model centers on a high-margin, recurring service structure where customers pay for hardware deployment and remote surveillance streaming from a centralized command center. Operating through its primary Security & Surveillance segment, Zedcor serves diverse industries including construction, retail, and critical infrastructure across Canada and the United States. The company positions itself as a tech-driven disruptor to the traditional security guard industry, competing directly with firms such as LiveView Technologies (LVT), Pro-Vigil, and Wireless CCTV (WCCTV) by offering a more cost-effective, AI-integrated alternative to physical personnel. The leadership team is led by President and CEO Todd Ziniuk, a co-founder of the company’s predecessor, Zedcor Oilfield Rentals, who successfully spearheaded the firm’s pivot from industrial rentals to security technology in 2018. He is supported by CFO Amin Ladha, a Chartered Professional Accountant with extensive experience in capital markets, and CTO Kyle Doenz, who was appointed in early 2024 after serving as a long-term consultant and lead architect of the MobileyeZ platform. The board is chaired by Wade Felesky, a prominent investment banker, and includes seasoned directors like Dean Shillington and Brian McGill. Notable institutional backing includes significant positions from Knightsbridge Capital Partners and Maynbridge Capital, reflecting strong investor confidence in the company's aggressive North American expansion strategy.