Zoned Properties reports FY2024 net income of $574K vs loss; revenue up 31%; exploring PropTech options

Zoned Properties, Inc.

FY2024 revenue $3.79M (+31% YoY); net income $574K vs loss of $540K in 2023 (+206%).
Diluted EPS $0.06 vs $(0.04) in 2023; cash from ops $578K (+600%).
Q4 2024 revenue $1.23M (+75% YoY); Q4 net income $451K vs loss $387K (+216%).
Exploring strategic options for AI-powered REZONE PropTech platform, including partnership or commercial deployment.
Share repurchase program of up to $1M is ongoing to address valuation disconnect.

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