Quarterly ResultMay 15, 2026, 04:19 PM
Zoned Properties Q1 Revenue +20.3% to $1.17M; Reports Net Loss
AI Summary
Zoned Properties announced its financial results for the first quarter ended March 31, 2026, reporting a 20.3% increase in total revenues to $1.17 million. However, the company experienced a significant 91.6% rise in operating expenses, leading to a 70.5% decrease in income from operations and a shift from a net income to a net loss of $54,660. Despite the net loss, cash provided by operating activities saw a substantial increase of 393.1% to $1.63 million, and cash on hand grew to over $2.5 million.
Key Highlights
- Total revenues increased by 20.3% to $1,172,436 for Q1 2026, up from $974,552 in Q1 2025.
- Operating expenses surged by 91.6% to $1,045,868 for Q1 2026, from $545,781 in Q1 2025.
- Income from operations decreased by 70.5% to $126,568 for Q1 2026, down from $428,771 in Q1 2025.
- The company reported a net loss of $54,660 ($0.00 per share) for Q1 2026, compared to a net income of $145,858 ($0.01 per share) in Q1 2025.
- Cash provided by operating activities increased by 393.1% to $1,630,287 for Q1 2026, from $330,632 in Q1 2025.
- Cash on hand was $2,500,758 as of March 31, 2026, up from $837,767 as of December 31, 2025.
Price Impact
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