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Zedcor Inc. Announces Second Quarter Results for 2021 CALGARY , ALBERTA - August 18 , 2021 : Zedcor Inc. ( the " Company " ) ( TSX VENTURE : ZDC ) today announced its financial and operating results for the three and six months ended June 30 , 2021 . Financial and Operating Results for the three and six months ended June 30 , 2021 : ( in $ 000s ) Revenue Adjusted EBITDA ¹ , 2 Adjusted EBIT¹ , 2 Net loss from continuing operations Net loss from operations Net loss per share from continuing operations Basic Diluted 1 Adjusted for severance costs 2 See Financial Measures Reconciliations below Three months ended June 30 2021 2020 3,103 1,441 1,492 ( 65 ) ( 935 ) ( 3,619 ) ( 0.02 ) ( 0.02 ) 877 111 ( 695 ) ( 1,135 ) Zedcor ( 0.01 ) ( 0.01 ) Six months ended June 30 2021 2020 5,790 2,870 3,658 475 ( 1,341 ) ( 3,393 ) ( 0.02 ) ( 0.02 ) 2,924 ( 13 ) ( 1,680 ) ( 1,422 ) ( 0.03 ) ( 0.03 ) On June 30 , 2021 , the Company announced the sale of its Rental Segment assets . Accordingly , these operations were classified as discontinued operations on the Company's financial statements . The discussion throughout our MD & A reflect continuing operations of the Company's security and surveillance services , unless otherwise noted . Zedcor recorded $ 1,019 and $ 1,987 of adjusted EBITDA from continuing operations for the three months and six months ended June 30 , 2021. This compares to $ 618 and $ 843 of adjusted EBITDA from continuing operations for the three and six months ended June 30 , 2020. The Company's security and surveillance services segment saw increased revenues and EBITDA compared to 2020 due to increased fleet of MobileyeZ security towers as a result of increasing customer demand . Zedcor is actively managing the increased customer demand for security solutions by adding to its fleet of towers . The Company has also increased the size of its sales team and geographic footprint in order to market its services in other parts of Canada . Financial and operational highlights for the three and six months ended June 30 , 2021 include : Revenue for the quarter ended June 30 , 2021 increased by $ 1,662 from $ 1,441 to $ 3,103 compared to the same quarter in 2020. This increase was driven by a larger fleet of MobileyeZ security towers . During Q2 2020 , the Company was in the process of retrofitting its existing fleet of solar hybrid light towers to MobileyeZ security towers . This process was completed in Q3 2020 and Zedcor continued to add to its fleet allowing it to generate additional revenues . The Company announcing the award of two long term contracts for its Solar Hybrid MobileyeZ . One contract was for the rental and service of 100 Solar Hybrid MobileyeZ to a pipeline contractor . The