DEFSEC Technologies Inc.

DFSC · Figures in Canadian dollars

About DEFSEC Technologies

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.

kwesst.com ↗

Employees
43
Business address
OTTAWA
Fiscal year ends
September 30
Listed
Nasdaq · DFSC

Price

Share price

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$1.09
−$2.39 (−68.82%)past year
Market cap
$2M
At close
Sep 28, 2026

Share price vs index

DEFSEC Technologies's share price and the index, each as its percentage change since the first day of the selected range. The shading shows the gap: green while DEFSEC Technologies is ahead, orange while it is behind. The values at the end are each one's change over the range.

Revenue mix

Revenue by product

Revenue reported for each product. The figure at the top of each column is the total of the products shown. Switch to % to see each product's share.

Product growth

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Revenue by geography

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Geography growth

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Top geographies

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Income statement

Revenue, gross profit and net income

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Income statement

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TotalAddedSubtracted

Operating leverage

Revenue growth against operating expense growth, each against the same quarter a year earlier. While revenue grows faster than opex, each extra dollar of sales keeps more profit.

Cash flow

Operating and free cash flow

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Cash flow statement

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TotalAddedSubtracted

Capital allocation

Operating cash flow above zero; what it was spent on below: capital expenditure, dividends and buybacks.

Stock-based compensation

Stock-based compensation reported in the cash flow statement each period. The line is that amount as a percentage of the same period's revenue.
Stock-based compensation% of revenue

Balance sheet

Assets, liabilities and equity

The balance sheet at the end of the chosen year or quarter. What the company owns on the left, against what it owes and what belongs to shareholders on the right. Both columns add up to total assets.

Net cash

Cash and short-term investments minus total debt at each quarter end. Below zero, the company owes more than it holds.
Net cashNet debt

War chest

Cash and short-term investments held at each quarter end. The figure at the top of each column is the total.