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Zoned Properties (ZDPY) AI Stock Analysis
Zoned Properties
(Other OTC:ZDPY)
ZDPY scores low primarily due to weak financial fundamentals — persistent net losses, a sharp 2025 loss of -$2.85M, and a stretched balance sheet with debt-to-equity of 3.12 and eroding equity — only partially offset by strong gross margins and consistently positive operating cash flow. Compounding this, the company has sold substantially all of its assets to a management-led buyer and is now winding down as a public shell, removing its operating business and leaving future value highly uncertain. Valuation offers no support with a negative P/E and no dividend, while technicals show the stock trading below most key moving averages with subdued momentum.
Zoned Properties (ZDPY) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- $6.03M
- Dividend Yield
- ―
- Average Volume (3M)
- 3,344
- Price to Earnings (P/E)
- -1.8
- Beta (1Y)
- 0.49
- Revenue Growth
- -0.04%
- EPS Growth
- -543.62%
- Country
- US
- Employees
- 6
- Sector
- Real Estate
- Sector Strength
- 65
- Industry
- Real Estate - Services
Zoned Properties Business Overview & Revenue Model
Company Description
Zoned Properties, Inc. operates as a real estate development enterprise, actively owning, expanding, managing, and leasing a diverse portfolio of commercial assets throughout the United States. The company also extends its expertise to the cannabis r...
How the Company Makes Money
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Zoned Properties Financial Statement Overview
Summary
Financial health is weak. Revenue grew from $1.8M in 2021 to $4.1M in 2025 with exceptional gross margins (78%-93%), but the company posted net losses in four of the last five years, including a steep -$2.85M loss in 2025 (-69% net margin) and negative EBITDA of -$1.7M. The balance sheet has deteriorated materially: debt rose from $2.0M to $9.6M while equity fell from $5.9M to $3.1M, pushing debt-to-equity to 3.12 and ROE to -93%. Cash flow is the relative bright spot, with operating cash flow positive in most periods ($781K in 2025), though highly volatile. Several TTM figures appear anomalous and unreliable.
Income Statement
38NegativeBalance Sheet
35NegativeCash Flow
45Neutral| Breakdown | TTM | Mar 2026 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 4.17M | 4.14M | 3.79M | 2.89M | 2.66M | 1.82M |
| Gross Profit | 2.87M | 3.85M | 3.13M | 2.27M | 2.11M | 1.47M |
| EBITDA | -1.89M | -1.70M | 1.51M | 564.95K | 251.23K | 351.92K |
| Net Income | -3.01M | -2.85M | 573.96K | -540.26K | -574.36K | -165.82K |
Balance Sheet | ||||||
| Total Assets | 13.48M | 13.93M | 16.18M | 14.44M | 14.38M | 8.14M |
| Cash, Cash Equivalents and Short-Term Investments | 2.45B | 837.77K | 1.02M | 3.10M | 4.34M | 1.19M |
| Total Debt | 7.83M | 9.58M | 9.09M | 8.14M | 7.79M | 2.02M |
| Total Liabilities | 10.05M | 10.86M | 10.32M | 9.20M | 8.70M | 2.22M |
| Stockholders Equity | 3.43M | 3.07M | 5.86M | 5.24M | 5.68M | 5.92M |
Cash Flow | ||||||
| Free Cash Flow | -587.08M | 578.80K | 402.75K | 43.45K | 868.14K | 486.63K |
| Operating Cash Flow | -587.02M | 781.48K | 578.22K | 82.55K | 871.90K | 489.26K |
| Investing Cash Flow | 561.52M | -1.44M | -3.53M | -1.24M | -2.01M | 3,348 |
| Financing Cash Flow | -27.33M | 475.92K | 869.90K | -79.51K | 4.28M | 0 |
Zoned Properties Technical Analysis
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For ZDPY, the sentiment is Positive. The current price of 0.45 is below the 20-day moving average (MA) of 0.46, above the 50-day MA of 0.45, and above the 200-day MA of 0.44, indicating a bullish trend. The MACD of 0.00 indicates Positive momentum. The RSI at 52.69 is Neutral, neither overbought nor oversold. The STOCH value of 45.24 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for ZDPY.
Zoned Properties Risk Analysis
Zoned Properties disclosed 29 risk factors in its most recent earnings report. Zoned Properties reported the most risks in the "Finance & Corporate" category.
Latest Risks Added
1 New RiskZoned Properties Peers Comparison
Overall Rating
REAX69Neutral
AGNT65Neutral- ZDPY41Neutral
DOUG41Neutral
OPAD40Underperform
FTHM37Underperform
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| REAX | 69Neutral | $512.25M | -22.29 | -25.78% | ― | 38.44% | -12.22% |
| Sector * | 65Neutral | $2.17B | 12.19 | 3.79% | 4.94% | 3.15% | 1.96% |
| AGNT | 65Neutral | $648.42M | -38.63 | -6.78% | 4.81% | 8.07% | 47.74% |
| ZDPY | 41Neutral | $5.63M | -1.79 | -74.71% | ― | -0.04% | -543.62% |
| DOUG | 41Neutral | $140.88M | 6.15 | 15.69% | ― | -2.75% | ― |
| OPAD | 40Underperform | $10.49M | -0.23 | -98.86% | ― | -42.49% | 50.50% |
| FTHM | 37Underperform | $6.12M | -0.22 | -75.90% | ― | 4.33% | 24.93% |
* Real Estate Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| ZDPY | Zoned Properties | 0.46 | 0.02 | 3.39% | |
| AGNT | Exp World Holdings, Inc. | 4.16 | -5.40 | -56.50% | |
| FTHM | Fathom Holdings Inc | 0.18 | -1.13 | -86.49% | |
| OPAD | Offerpad Solutions Inc. | 2.07 | -15.23 | -88.03% | |
| REAX | Real Brokerage Inc. | 14.78 | -22.42 | -60.27% | |
| DOUG | Douglas Elliman Inc. | 1.60 | -0.81 | -33.61% |
Zoned Properties Corporate Events
Zoned Properties Completes Asset Sale and Leadership Changes
NegativeOn October 30, 2026, Zoned Properties completed the previously announced sale of its business and substantially all assets to BPB Partners, an entity owned by senior executives Bryan McLaren, Berekk Blackwell and employee Patrick Moroney, in a relate...
Zoned Properties Amends Asset Sale Agreement with BPB
NeutralOn September 30, 2026, Zoned Properties, Inc. and its affiliates entered into an Amended and Restated Asset Purchase Agreement to sell substantially all of the company’s business and assets, including membership interests in multiple real estat...
Zoned Properties Shareholders Approve Major Asset Sale
PositiveOn September 11, 2026, Zoned Properties, Inc. held a virtual special meeting of stockholders to vote on the sale of substantially all of its assets under an Asset Purchase Agreement dated January 15, 2026, involving its key real estate subsidiaries a...
Zoned Properties Completes Chino Valley Property Sale
PositiveZoned Properties, Inc., through its wholly owned subsidiary Chino Valley Properties, LLC, continues to execute on its specialized commercial real estate strategy, leveraging structured purchase and sale agreements to manage property assets. The compa...
Zoned Properties Amends Chino Valley Asset Sale Terms
NeutralOn August 12, 2026, Zoned Properties’ subsidiary Chino Valley Properties, LLC entered a First Amendment to its real estate sale agreement for the Chino Valley, Arizona property, reducing the allocated purchase price by $800,000 to $7.2 million...
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Oct 31, 2026