Zonetail Switches Auditor to Jones O’Connell in Cost-Driven Move

Claim 50% Off TipRanks PremiumUnlock hedge fund-level data and powerful investing tools for smarter, sharper decisions Stay ahead of the market with the latest news and analysis and maximize your portfolio's potentialZonetail ( (TSE:ZONE) ) has shared an announcement. Zonetail Inc. has changed its auditor, appointing Jones O’Connell LLP as its new external auditor effective January 19, 2026, replacing MNP LLP primarily for cost-related reasons and with the appointment set to run until the next annual general meeting. The company reported no modified opinions in the former auditor’s reports for the past two financial years, indicated there were no reportable events associated with the transition, and confirmed that the change of auditor documentation has been reviewed by its audit committee and board and filed on SEDAR, suggesting a routine governance adjustment rather than a sign of financial or operational stress. The most recent analyst rating on (TSE:ZONE) stock is a Sell with a C$0.01 price target. To see the full list of analyst forecasts on Zonetail stock, see the TSE:ZONE Stock Forecast page. Spark’s Take on TSE:ZONE Stock According to Spark, TipRanks’ AI Analyst, TSE:ZONE is a Neutral. The score is weighed down primarily by very weak financial performance (shrinking revenue, negative gross profit, ongoing losses, cash burn, and negative equity). Technicals also remain unfavorable with a clear downtrend, partially offset by oversold signals. Corporate events provide a modest positive offset via financing and product/partnership momentum, while valuation offers limited support due to a negative P/E and no dividend yield. To see Spark’s full report on TSE:ZONE stock, click here. More about Zonetail Zonetail Inc. (TSXV: ZONE) is a Toronto-based provider of a mobile platform and market network focused on high-rise residential buildings, helping residents manage their homes by connecting them with products, amenities, and services. The company aims to build critical mass in the hard-to-reach high-rise residential vertical through a mobile market network model that delivers relevant information and home-related services via a smartphone interface. Average Trading Volume: 67,664 Technical Sentiment Signal: Sell Current Market Cap: C$4.21M Learn more about ZONE stock on TipRanks’ Stock Analysis page.