Zoned Properties, Inc.

Zoned Properties, Inc.

ZDPY
Zoned Properties, Inc.US flagOther OTC
0.49
USD
- -
- -
6.46MMarket Cap
2011 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.06
0.08
0.11
0.12
0.07
0.11
0.1
0.15
0.22
0.24
0.31
0.34
0.35
Basic EPS, GAAP
76.65
-0.72
-0.08
-0.03
0.08
-0.12
- -
-0.01
-0.01
-0.05
-0.04
0.05
-0.24
-0.25
Free Cash Flow per Basic Share
-0.03
-1.28
-0.04
-0.05
-0.03
-0.03
0.02
0.01
0.04
0.07
0.01
0.05
0.06
0.17
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-431.21
-1.55
-0.75
-0.83
-0.74
-0.85
-1.25
-1.24
-1.24
-1.28
-1.33
-1.29
-1.53
-1.51
Tangible Book Value per Share
-15.19
0.83
0.32
0.36
0.45
0.34
0.5
0.49
0.48
0.47
0.43
0.48
0.25
0.27
Basic Weighted Avg Shares
- -
8
18
17
17
17
12
12
12
12
12
12
12
12
Sales/Revenue/Turnover
- -
- -
1
2
2
1
1
1
2
3
3
4
4
4
Operating Margin (%)
- -
-1,026.89
-75.99
-9.97
33.95
-8.73
0.06
3.1
-0.4
-4.11
5.86
29.08
29.78
21.46
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Net Income, GAAP
1
-6
-1
-1
1
-2
- -
- -
- -
-1
-1
1
-3
-3
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
- -
-1,226.8
-96.63
-27.06
65.18
-163.9
-0.97
-6.45
-9.11
-21.59
-18.71
15.13
-68.94
-70.42
Working Capital
- -
1
2
1
3
- -
- -
1
1
5
3
2
2
- -
LT Debt
- -
3
3
3
2
2
2
2
2
8
8
9
10
10
Total Equity
- -
7
6
6
8
6
6
6
6
6
5
6
3
3
Return on Invested Capital (%)
- -
- -
- -
- -
7.5
- -
- -
- -
- -
- -
- -
7.79
- -
20.85
Return on Capital (%)
-16.32
- -
- -
- -
-14.19
- -
- -
- -
- -
- -
- -
-17.42
- -
35.6
Return on Common Equity (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
9
10
10
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
12
12
13
Market Capitalization
6
6
5

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2
3
3
Cash, Cash Equivalents & STI
1
1
3
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
1
1
3
Payables & Accruals
1
1
1
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
1

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.76%
-9.58%
-47.66%
Free Cash Flow
58.36%
162.8%
36.68%
Net Income, GAAP
-69.83%
-90.29%
-597.32%
Sales/Revenue/Turnover
14.64%
28.99%
9.15%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1
1
1
1
4
2025
1
1
1
1
4
2026
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
- -
- -
0.05
2025
0.01
- -
0.01
- -
-0.24
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Bryan McLaren
Full Time Employees
7
Sector
Real Estate
Industry
Real Estate - Services
Address
8360 East Raintree Drive Scottsdale AZ United States of America 85260
IPO Date
May 3, 2010
Business
Zoned Properties, Inc. (OTCQB: ZDPY) operates as a technology-driven real estate investment and development company focused on acquiring, developing, rezoning, leasing, and managing commercial properties tailored for the regulated cannabis industry in the United States. The company conducts its activities through two primary segments: the Property Investment Portfolio, which encompasses the ownership, operations, leasing, and management of commercial real estate including cannabis dispensaries, cultivation facilities, and processing sites; and Real Estate Services, which delivers advisory, brokerage, proprietary property technology solutions such as the REZONE AI-powered zoning platform, and strategic support for complex zoning and permitting challenges. Its portfolio features high-occupancy properties with long-term absolute net leases exceeding 10 years on average, located in key cannabis markets across Arizona, Illinois, Michigan, and Ohio, targeting best-in-class multi-state operators and direct-to-consumer retail dispensaries. Core offerings include property identification and rezoning for cannabis-specific uses; full-spectrum development services emphasizing safety, sustainability, and regulatory compliance; commercial brokerage that has facilitated over $80 million in national deals since 2021; and integrated PropTech tools for land-use analysis and project optimization. Zoned Properties maintains approximately 47 acres in Chino Valley, Arizona, alongside urban retail and cultivation assets, generating annualized rental revenues exceeding $3 million from 100% leased facilities. Incorporated on August 25, 2003, as Vanguard Minerals Corporation and renamed Zoned Properties, Inc. in October 2013, the company is headquartered at 8360 East Raintree Drive, Suite 230, Scottsdale, Arizona 85260. Recent strategic developments include the January 2024 acquisition of a $1.6 million direct-to-consumer retail property in Illinois leased to Justice Cannabis Co.'s BLOC Dispensaries, diversifying the portfolio amid surging state sales over $1.5 billion; and Ohio expansions in 2025 sponsoring two high-profile retail cannabis transactions in Columbus leased to Trulieve Cannabis Corp. and Antwerp leased to Verano Holdings Corp., bolstering ties with tier-one multi-state operators. In Q1 2025, Zoned Properties reported positive net income, a 233% surge in operations income, and launched commercialization efforts for its REZONE platform targeting cannabis and adjacent regulated sectors. Fiscal 2024 delivered 31% revenue growth to $3.79 million, net income of $574,000 versus prior losses, enhanced cash flows, and a $1 million share repurchase program alongside Board streamlining for efficiency; the company also listed a non-core Arizona asset for $16 million while advancing a robust national pipeline. These moves underscore ongoing portfolio optimization, operational discipline, and market expansion in legalized cannabis regions.

Company News

APIChat
  • Zoned Properties Announces First Quarter 2026 Financial Results

  • Zoned Properties (OTCMKTS:ZDPY) Stock Crosses Above Fifty Day Moving Average – Should You Sell?

  • Zoned Properties Announces Full Year 2025 Financial Results

  • Zoned Properties (OTCMKTS:ZDPY) Shares Pass Below 50 Day Moving Average – Should You Sell?

  • Zoned Properties Announces Entry into Definitive Agreements for Sale of 100% of Company Assets and Operations, Positioning for Significant Shareholder Value Return

  • Zoned Properties Announces Profitable Q3 2025 Financial Results with Positive Cash Flow from Operations

  • Zoned Properties Announces Profitable Q2 2025 Financial Results with Positive Cash Flow from Operations

  • Zoned Properties Announces Strong Q1 2025 Financial Results with Positive Net Income and Expanded Strategic Initiatives

  • Zoned Properties Announces Exceptional Full Year 2024 Financial Results and Intent to Explore Strategic Opportunities for AI-Powered PropTech Platform

  • Zoned Properties Announces the Appointment of Cole Stevens to the Board of Directors

  • Zoned Properties Announces Q3 2024 Financial Results with Record Revenue and Strong Cash Flow Generation

  • Zoned Properties Reports Strong Q2 2024 Financial Results with Continued Momentum in Shift to Direct-to-Consumer Real Estate Focus

  • Zoned Properties Plans Continued Portfolio Expansion with New Ohio License Awards to Multi State Operator Clients, Enhancing Growth Prospects

  • Zoned Properties Reaches $3 Million of Annualized Rental Revenue with Acquisition of Property in Surprise, Arizona Leased to Sunday Goods

  • Zoned Properties Reports Strong Q1 2024 Financial Results Amidst Strategic Growth Initiatives; Posts Revenue Growth of 22% and Positive Net Income

  • Zoned Properties Announces $1 Million Share Repurchase Program

  • Zoned Properties Reports Fourth Quarter and Full-Year 2023 Financial Results; Ongoing Progress in Portfolio Growth and Diversification

  • Zoned Properties Announces Plan to List Chino Valley, AZ Property for Sale for $16 Million

  • Zoned Properties Continues Expansion with Agreement to Acquire Property for $2.75 Million Leased to Sunday Goods After Receiving Cannabis Approvals for New Retail Dispensary in Arizona

  • Zoned Properties to Present at the Emerging Growth Conference on March 6, 2024