YOLFTbeta
DEFSEC Technologies Inc.

DEFSEC Technologies Inc.

DFSC · NASDAQ · Industrials / Aerospace & Defense

0.4348USD-0.02 (-5.11%)

Price History

Full chart

Market Stats

Previous Close0.4582
Open0.4558
Day Range0.432 – 0.473
52-Week Range1.05 – 6.00
Volume98.60K
Market Cap3.68M
P/E (TTM)0.00
Forward P/E0.00
EPS-1.28
Dividend Yield0.00%
Beta1.03
50-Day Avg1.53
200-Day Avg2.33

About

DEFSEC Technologies Inc. engages in the development and commercialization of tactical systems for security, and personal defense markets. The company offers DEFSEC Lightning, a military digitization technology; Less-Lethal Munitions Systems, including PARA SHOT, a next-generation less-lethal system and ARWEN, a 40mm munition and new marking cartridge; It also provides BMA-Ready Solutions, including TAK and ATAK, tactical digital fires, battlefield laser detection system, and phantom tactical multi-function electromagnetic spectrum operations system. DEFSEC Technologies Inc. was formerly known as KWESST Micro Systems Inc. and changed its name to DEFSEC Technologies Inc. in June 2025. DEFSEC Technologies Inc. was founded in 2017 and is headquartered in Ottawa, Canada.

Company Details

  • SectorIndustrials
  • IndustryAerospace & Defense
  • CEOMr. Sean Homuth B.Comm., C.A., CPA
  • Employees43
  • Headquarters80 Hines Road, Ottawa, ON, Canada, K2K 2T8, USA
  • Websitehttps://www.kwesst.com

Leadership

  • Mr. Sean Homuth B.Comm., C.A., CPAPresident, CEO & Director · b. 1979
  • Ms. Jennifer WelshCFO & Chief Compliance Officer · b. 1982
  • Mr. Harry WebsterChief Operating Officer · b. 1978
  • Ms. Elisabeth PrestonSenior VP & Chief Legal Officer

Financials

Income Statement

Currency: CAD2021-09-302022-09-302023-09-302024-09-302025-09-30
Total Revenue1.28M721.52K1.23M1.50M4.94M
Growth (%)--43.45%+71.09%+21.86%+228.56%
Cost of Revenue798.89K536.74K1.43M1.02M3.20M
Gross Profit476.92K184.78K-191.38K486.50K1.74M
Gross Margin37.38%25.61%-15.50%32.34%35.16%
Operating Expense9.68M10.28M11.91M10.29M10.82M
Operating Income-9.20M-10.09M-12.10M-9.80M-9.08M
Operating Margin-721.31%-1398.62%-980.60%-651.41%-183.72%
EBITDA-9.06M-9.73M-7.63M-5.91M-8.29M
EBITDA Margin-710.00%-1348.72%-618.11%-392.72%-167.73%
Net Income-9.32M-10.52M-9.31M-7.44M-9.63M
Net Income Margin-730.16%-1458.08%-753.89%-494.42%-194.77%
R&D2.14M2.06M1.64M2.48M2.37M
R&D as % of Total Revenue167.59%286.13%133.22%164.71%47.91%
Interest Expense116.11K511.99K723.55K252.01K254.71K
Interest Expense % of Total Revenue9.10%70.96%58.61%16.75%5.15%

Balance Sheet

Currency: CAD2021-09-302022-09-302023-09-302024-09-302025-09-30
Total Assets8.72M7.32M11.76M5.62M12.92M
Total Liabilities2.59M8.33M7.82M4.25M5.12M
Total Equity6.12M-1.00M3.94M1.37M7.80M
Cash2.69M170.54K5.41M256.83K6.69M
Total Debt361.16K2.55M429.52K302.22K1.30M
Net Debt-2.33M2.38M-4.98M45.40K-5.38M

Cash Flow

Currency: CAD2020-09-302021-09-302022-09-302023-09-302024-09-302025-09-30
Operating Cash Flow--6.26M-4.26M-14.08M-9.06M-7.96M
Investing Cash Flow--1.07M-1.11M-1.44M-111.15K-180.41K
Financing Cash Flow-6.94M2.85M20.76M4.02M14.60M
Capital Expenditure0893.19K1.36M1.30M111.15K167.29K
Free Cash Flow--7.15M-5.62M-15.38M-9.17M-8.12M
FCF to OCF-114.28%132.05%109.23%101.23%102.10%

Earnings

Report DateDec 31, 2020Jun 2, 2021Aug 25, 2021Nov 23, 2021Feb 28, 2022May 30, 2022Aug 11, 2022Feb 14, 2023May 26, 2023Aug 13, 2023Sep 30, 2023Jan 16, 2024May 15, 2024Aug 15, 2024Dec 30, 2024Feb 15, 2025May 15, 2025Aug 14, 2025Dec 30, 2025Aug 12, 2026
EPS Estimate---588.00-588.00-588.00--588.00-441.00--155.40-151.20-151.20--------
EPS Actual-394.88-627.21-882.00-882.00-1029.00-532.99-735.00-287.70-44.60-170.10-5.04-5.04-94.66-20.26-22.78-1.14-4.29-2.67-2.00-0.92
Surprise---50.00%-50.00%-75.00%--25.00%34.76%--9.46%96.67%96.67%--------
Timing--After-hoursPre-marketAfter-hours-After-hoursAfter-hours-After-hours-After-hours-----After-hoursPre-market-

Key Statistics & Ratios

Market Cap3.68M
Enterprise Value2.44M
Trailing P/E0.00
Forward P/E0.00
Price / Sales0.49
Price / Book1.08
EPS-1.28
Book Value1.36
Revenue (TTM)7.52M
Gross Profit (TTM)2.55M
EBITDA-8.67M
Profit Margin-120.99%
Operating Margin-94.10%
Return on Equity-187.77%
Return on Assets-56.12%
Shares Outstanding3.47M
Shares Float2.46M
Beta1.03
Dividend Yield0.00%
Dividend Rate0.00
Payout Ratio0.00%

Ownership Breakdown

Institutions
13.92%
Insiders
0.34%
Retail / Other
85.74%

Top Institutional Holders

  • HRT FINANCIAL LLC
    14.55K0.27%
  • NATIONAL BANK OF CANADA /FI/
    3.23K0.06%
  • UBS Group AG
    6070.01%
  • HARBOUR INVESTMENTS, INC.
    3000.01%
  • Advisor Group Holdings, Inc.
    2000.00%
  • Tower Research Capital LLC
    00.00%
  • Armistice Capital, LLC
    00.00%

Stock Splits

  • Apr 23, 20251:21
  • Oct 23, 20241:10
  • Oct 28, 20221:70