ZENA - just posted 640% revenue growth.

I get it. Small cap. Canadian listed. CEO nobody has heard of. Stock sitting under $2. Every reason to scroll past. And no, this is not ai slop.

So hear me out you degens because the numbers here are starting to get genuinely hard to ignore.

ZenaTech just reported Q1 2026 revenue of $8.4 million. Same quarter last year that number was basically nothing. 640% year over year. And that is not some one time deal or government contract fluke. That is the compounding effect of their acquisition machine finally clicking into gear.

Here is the actual thesis. ZenaTech is doing what nobody else in the drone space is doing. Instead of burning cash chasing defense contracts that may never materialize, they are going out and buying profitable legacy land survey and inspection companies at roughly 1x revenue. Old school businesses with real customers and real cash flows. Then they flip those operations onto drone based automation. Drone as a Service. Recurring revenue.

Lower labor costs. Higher margins over time.

They have closed 23 of these acquisitions now. Twenty three. Each one brings an established customer base that immediately converts to the DaaS model. The 2025 deals are now contributing full year revenue in 2026 which is why the numbers are accelerating so hard right now. And they are still buying. They just signed an offer to acquire a Western Canadian geospatial and land surveying company last week.

The defense angle is real upside optionality on top of all this. They built two counter UAS interceptor drones this quarter and are actively engaging U.S. Department of Defense program managers. Green and Blue UAS certifications are pending. If either of those land it completely changes the revenue ceiling for this company.

They have $15 million in cash. Analysts have a consensus price target around $7. The stock is sitting around $2. Russell 3000 inclusion just happened.

The market has not caught up to what this business is becoming. It went from a story stock to a company with a real repeatable growth engine in about 18 months. The DaaS segment alone is now 82% of revenue and it compounds every time they close another acquisition.

Not saying back up the truck. Dilution risk is real and worth watching. But at this market cap the risk reward is pretty interesting if management keeps executing the way they have been.

Do your own DD. Not financial advice. But I think in 12 months people are going to be asking why they did not pay more attention to this one.

$ZENA