Is DEFSEC Technologies Inc. (DFSC) a Buy, Sell, or Hold?
NASDAQ : DFSC
DEFSEC Technologies Inc.
$1.87 USD
-$0.08 (-4.1%)
- Volume
- 59.19K
- Average Volume
- 136.82K
- Market Capitalization
- $2.49M
- P/E Ratio
- -0.29
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $8.50
- Year Low
- $1.62
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $2.40
DFSC Financial Statements
| date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| revenue | 4.94M | 1.5M | 1.23M | 721.52K | 1.28M |
| costOfRevenue | 3.2M | 1.02M | 1.43M | 536.74K | 798.89K |
| grossProfit | 1.74M | 486.5K | -191.38K | 184.78K | 476.92K |
| researchAndDevelopmentExpenses | 2.37M | 2.48M | 1.64M | 2.06M | 2.14M |
| generalAndAdministrativeExpenses | 5.34M | 6.27M | 7.24M | 4.92M | 4.06M |
| sellingAndMarketingExpenses | 2.04M | 1.54M | 3.02M | 3.3M | 3.48M |
| sellingGeneralAndAdministrativeExpenses | 7.38M | 7.81M | 10.27M | 8.21M | 7.54M |
| otherExpenses | 1.07M | - | - | - | - |
| operatingExpenses | 10.82M | 10.29M | 11.91M | 10.28M | 9.68M |
| costAndExpenses | 14.02M | 11.3M | 13.34M | 10.81M | 10.48M |
| netInterestIncome | -172.88K | -196.32K | -668.03K | -506K | -111.26K |
| interestIncome | 81838 | 55687 | 55514 | 5988 | 4848 |
| interestExpense | 254.71K | 252.01K | 723.55K | 511.99K | 116.11K |
| depreciationAndAmortization | 1.08M | 1.28M | 952.51K | 326.49K | 140.99K |
| ebitda | -8.29M | -5.91M | -7.63M | -9.73M | -9.06M |
| ebit | -9.37M | -7.19M | -8.58M | -10.06M | -9.2M |
| nonOperatingIncomeExcludingInterest | 291.53K | -2.61M | -3.52M | -33603 | -3289 |
| operatingIncome | -9.08M | -9.8M | -12.1M | -10.09M | -9.2M |
| totalOtherIncomeExpensesNet | -546.24K | 2.36M | 2.8M | -478.39K | -112.82K |
| incomeBeforeTax | -9.63M | -7.44M | -9.31M | -10.57M | -9.32M |
| incomeTaxExpense | - | - | - | -49442 | - |
| netIncomeFromContinuingOperations | -9.63M | -7.44M | -9.31M | -10.52M | -9.32M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - |
| netIncome | -9.63M | -7.44M | -9.31M | -10.52M | -9.32M |
| netIncomeDeductions | - | - | - | - | - |
| bottomLineNetIncome | -9.63M | -7.44M | -9.31M | -10.52M | -9.32M |
| eps | -15.78 | -188.79 | -478.8 | -3025.05 | -3091.2 |
| date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| cashAndCashEquivalents | 6.69M | 256.83K | 5.41M | 170.54K | 2.69M |
| shortTermInvestments | - | - | - | - | - |
| cashAndShortTermInvestments | 6.69M | 256.83K | 5.41M | 170.54K | 2.69M |
| netReceivables | 1.49M | 567.88K | 300.27K | 171.88K | 699.25K |
| accountsReceivables | 1.35M | 455.05K | 68530 | 114.88K | 390.52K |
| otherReceivables | 141.94K | 112.83K | 231.74K | 57005 | 308.73K |
| inventory | 519.61K | 533.16K | 542.39K | 393.54K | 90299 |
| prepaids | - | - | - | - | 548.04K |
| otherCurrentAssets | 245.84K | 484.49K | 592.41K | 780.43K | 30000 |
| totalCurrentAssets | 8.95M | 1.84M | 6.84M | 1.52M | 4.06M |
| propertyPlantEquipmentNet | 1.44M | 541.84K | 778.33K | 1.04M | 1.17M |
| goodwill | - | - | - | - | - |
| intangibleAssets | 2.39M | 3.17M | 4.11M | 4.74M | 3.47M |
| goodwillAndIntangibleAssets | 2.39M | 3.17M | 4.11M | 4.74M | 3.47M |
| longTermInvestments | - | - | - | - | - |
| taxAssets | - | - | - | - | - |
| otherNonCurrentAssets | 141.11K | 58125 | 26076 | 23604 | 21367 |
| totalNonCurrentAssets | 3.98M | 3.77M | 4.92M | 5.81M | 4.66M |
| otherAssets | - | - | - | - | - |
| totalAssets | 12.92M | 5.62M | 11.76M | 7.32M | 8.72M |
| totalPayables | 1.57M | 1.05M | 460.2K | 3.41M | 742.96K |
| accountPayables | 409.7K | 881.84K | 367.13K | 2.29M | 620.04K |
| otherPayables | 1.16M | 168.24K | 93070 | 1.12M | 122.92K |
| accruedExpenses | 944.32K | 810.56K | 1.34M | 1.2M | 384.24K |
| shortTermDebt | - | - | - | 2.2M | - |
| capitalLeaseObligationsCurrent | 188.91K | 147.08K | 127.12K | 69150 | 32288 |
| taxPayables | 47427 | - | - | - | 692 |
| deferredRevenue | 7671 | 120.57K | 120.97K | 47271 | - |
| otherCurrentLiabilities | 210.96K | 847.3K | 4.34M | 867.36K | 302.86K |
| totalCurrentLiabilities | 2.92M | 2.98M | 6.38M | 6.93M | 1.16M |
| longTermDebt | - | - | - | 78796 | 53251 |
| capitalLeaseObligationsNonCurrent | 1.11M | 155.14K | 302.41K | 206.47K | 275.62K |
| deferredRevenueNonCurrent | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - |
| otherNonCurrentLiabilities | 1.09M | 1.12M | 1.14M | 1.12M | 1.11M |
| totalNonCurrentLiabilities | 2.2M | 1.27M | 1.44M | 1.4M | 1.43M |
| otherLiabilities | - | - | - | - | - |
| capitalLeaseObligations | 1.3M | 302.22K | 429.52K | 275.62K | 307.91K |
| totalLiabilities | 5.12M | 4.25M | 7.82M | 8.33M | 2.59M |
| treasuryStock | - | - | - | - | - |
| preferredStock | - | - | - | - | - |
| commonStock | 47M | 37.82M | 33.38M | 19.5M | 17.22M |
| retainedEarnings | -52.28M | -42.65M | -35.22M | -25.91M | -15.39M |
| additionalPaidInCapital | 5.4M | 5.15M | 4.77M | 3.55M | 2.46M |
| date | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 |
|---|---|---|---|---|---|
| netIncome | -9.63M | -7.44M | -9.31M | -10.52M | -9.32M |
| depreciationAndAmortization | 1.08M | 1.28M | 952.51K | 326.49K | 140.99K |
| deferredIncomeTax | - | - | - | -49442 | - |
| stockBasedCompensation | 113.69K | 291.76K | 373.55K | 1.96M | 2.46M |
| changeInWorkingCapital | -358.25K | -343.67K | -2.31M | 3.64M | 198.48K |
| accountsReceivables | -925.91K | -267.61K | -128.39K | 631.8K | -218.33K |
| inventory | 13554 | 9225 | -148.85K | 49446 | 17555 |
| accountsPayables | 960.77K | -257.26K | -1.67M | 2.52M | -828.7K |
| otherWorkingCapital | -406.66K | 171.97K | -366.54K | 443.29K | 1.23M |
| otherNonCashItems | 832.41K | -2.85M | -3.79M | 386.75K | 258.48K |
| netCashProvidedByOperatingActivities | -7.96M | -9.06M | -14.08M | -4.26M | -6.26M |
| investmentsInPropertyPlantAndEquipment | -140.62K | -101.33K | -176.95K | -187.48K | -809.96K |
| acquisitionsNet | 4387 | - | 7811 | 250.35K | - |
| purchasesOfInvestments | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - |
| otherInvestingActivities | -44175 | -9823 | -1.27M | -1.18M | -263.23K |
| netCashProvidedByInvestingActivities | -180.41K | -111.15K | -1.44M | -1.11M | -1.07M |
| netDebtIssuance | -172.15K | -197.65K | -2.41M | 2.5M | -242.4K |
| longTermNetDebtIssuance | -172.15K | -197.65K | -2.41M | 2.5M | -242.4K |
| shortTermNetDebtIssuance | - | - | - | - | - |
| netStockIssuance | 18.72M | 4.97M | 23.7M | 344K | 6M |
| netCommonStockIssuance | 18.72M | 4.97M | 23.7M | 344K | 6M |
| commonStockIssuance | 18.72M | 4.97M | 23.7M | 344K | 6M |
| commonStockRepurchased | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - |
| otherFinancingActivities | -3.94M | -746.31K | -539.15K | 8103 | 1.18M |
| netCashProvidedByFinancingActivities | 14.6M | 4.02M | 20.76M | 2.85M | 6.94M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| revenue | 2.12M | 1.31M | 1.37M | 1.42M | 1.26M | 887.66K | 559.92K | 329.48K | 485.86K |
| costOfRevenue | 1.49M | 903.04K | 753.29K | 1.02M | 950.14K | 483.14K | 302.61K | 288.66K | 243.68K |
| grossProfit | 625.97K | 404.69K | 620.02K | 399.49K | 314.02K | 404.52K | 257.31K | 40811 | 242.18K |
| researchAndDevelopmentExpenses | 556.87K | 649.63K | 993.17K | 402.33K | 299.92K | 687.96K | 612.12K | 516.29K | 705.64K |
| generalAndAdministrativeExpenses | 1.47M | 1.34M | 1.51M | 1.14M | 1.13M | 1.95M | 1.41M | 1.48M | 1.74M |
| sellingAndMarketingExpenses | 335.57K | 303.37K | 645.07K | 375.35K | 334.11K | 684.71K | 399.47K | 224.79K | 418.03K |
| sellingGeneralAndAdministrativeExpenses | 1.81M | 1.64M | 2.16M | 1.51M | 1.46M | 2.63M | 1.81M | 1.71M | 2.16M |
| otherExpenses | 170.35K | 177.27K | 164.22K | 309.08K | 285.93K | - | - | - | 319.65K |
| operatingExpenses | 2.53M | 2.47M | 3.32M | 2.22M | 2.05M | 3.32M | 2.42M | 2.23M | 3.19M |
| costAndExpenses | 4.03M | 3.37M | 4.07M | 3.24M | 3M | 3.8M | 2.72M | 2.51M | 3.43M |
| netInterestIncome | -45710 | -37294 | -43943 | -42565 | -29213 | -61559 | -58434 | -63034 | -61658 |
| interestIncome | 29668 | 44563 | 31042 | 29344 | 19148 | 2304 | 1047 | 1009 | 2492 |
| interestExpense | 75378 | 81857 | 74985 | 71809 | 48361 | 63863 | 60175 | 64043 | 63809 |
| depreciationAndAmortization | 170.35K | 177.27K | 172.08K | 309.08K | 285.93K | 314.49K | 314.86K | 321.98K | 319.65K |
| ebitda | -1.78M | -1.82M | -2.16M | -1.93M | -1.13M | -3.08M | -1.96M | -775.94K | -3.16M |
| ebit | -1.95M | -2M | -2.33M | -2.24M | -1.41M | -3.39M | -2.28M | -1.1M | -3.48M |
| nonOperatingIncomeExcludingInterest | 38923 | -62779 | -361.84K | 413.71K | -323.4K | 476.97K | 114.92K | -1.09M | 531.58K |
| operatingIncome | -1.91M | -2.06M | -2.7M | -1.82M | -1.73M | -2.92M | -2.16M | -2.18M | -2.94M |
| totalOtherIncomeExpensesNet | -114.3K | -19078 | 286.86K | -485.52K | 275.03K | -540.83K | -175.09K | 1.02M | -595.38K |
| incomeBeforeTax | -2.02M | -2.08M | -2.41M | -2.31M | -1.46M | -3.46M | -2.34M | -1.16M | -3.54M |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -2.02M | -2.08M | -2.41M | -2.31M | -1.46M | -3.46M | -2.34M | -1.16M | -3.54M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - |
| netIncome | -2.02M | -2.08M | -2.41M | -2.31M | -1.46M | -3.46M | -2.34M | -1.16M | -3.54M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -2.02M | -2.08M | -2.41M | -2.31M | -1.46M | -3.46M | -2.34M | -1.16M | -3.54M |
| eps | -1.02 | -1.39 | -2 | -3.69 | -6.16 | -23.94 | -22.97 | -27.3 | -127.66 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 2.96M | 5.04M | 6.69M | 2.54M | 4.41M | 2.85M | 256.83K | 1.18M | 263.73K |
| shortTermInvestments | 47621 | - | - | - | - | - | - | - | - |
| cashAndShortTermInvestments | 3.01M | 5.04M | 6.69M | 2.54M | 4.41M | 2.85M | 256.83K | 1.18M | 263.73K |
| netReceivables | 2.02M | 1.14M | 1.49M | 1.13M | 1.08M | 1.04M | 567.88K | 401.6K | 562.24K |
| accountsReceivables | 2.02M | 1.14M | 1.35M | 1.1M | 997.55K | 876.5K | 455.05K | 309.87K | 448.16K |
| otherReceivables | - | - | 141.94K | 32482 | 84311 | 163.43K | 112.83K | 91727 | 114.08K |
| inventory | 515.74K | 587.17K | 519.61K | 508.75K | 581.2K | 529.78K | 533.16K | 618.86K | 612.84K |
| prepaids | - | 657.12K | - | 282.97K | 333.12K | - | - | - | - |
| otherCurrentAssets | 519.93K | 111.1K | 245.84K | 109.44K | 46354 | 184.94K | 484.49K | 470.78K | 731.43K |
| totalCurrentAssets | 6.06M | 7.53M | 8.95M | 4.57M | 6.45M | 4.61M | 1.84M | 2.67M | 2.17M |
| propertyPlantEquipmentNet | 1.36M | 1.38M | 1.44M | 2.93M | 311.66K | 401.93K | 541.84K | 603.12K | 669.88K |
| goodwill | - | - | - | - | - | - | - | - | - |
| intangibleAssets | 2.21M | 2.29M | 2.39M | 2.49M | 2.73M | 2.96M | 3.17M | 3.42M | 3.65M |
| goodwillAndIntangibleAssets | 2.21M | 2.29M | 2.39M | 2.49M | 2.73M | 2.96M | 3.17M | 3.42M | 3.65M |
| longTermInvestments | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 204.8K | 152.79K | 141.11K | 112.4K | 99306 | 95810 | 58125 | 48620 | 27407 |
| totalNonCurrentAssets | 3.77M | 3.83M | 3.98M | 5.53M | 3.14M | 3.46M | 3.77M | 4.07M | 4.35M |
| otherAssets | - | - | - | - | - | - | - | - | - |
| totalAssets | 9.83M | 11.36M | 12.92M | 10.11M | 9.59M | 8.07M | 5.62M | 6.74M | 6.52M |
| totalPayables | 2.07M | 1.31M | 1.57M | 451.47K | 642.78K | 565.34K | 1.05M | 997.08K | 1.32M |
| accountPayables | 2.07M | 1.31M | 409.7K | 304.65K | 383.12K | 470.86K | 881.84K | 713.82K | 1.15M |
| otherPayables | - | - | 1.16M | 146.82K | 259.66K | 94477 | 168.24K | 283.26K | 163.3K |
| accruedExpenses | 250K | 200K | 944.32K | 845.77K | 465.5K | 568.01K | 810.56K | 785.6K | 594.36K |
| shortTermDebt | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsCurrent | 17120 | 109.55K | 188.91K | 415.54K | 140.97K | 164.38K | 147.08K | 147.24K | 140.04K |
| taxPayables | - | - | 47427 | - | - | - | - | - | - |
| deferredRevenue | 37442 | 29425 | 7671 | 78517 | 122.61K | 92986 | 120.57K | 107.1K | 95903 |
| otherCurrentLiabilities | 154.08K | 116.24K | 210.96K | 360.82K | 191.23K | 399.42K | 847.3K | 288.85K | 2.2M |
| totalCurrentLiabilities | 2.53M | 1.77M | 2.92M | 2.15M | 1.56M | 1.79M | 2.98M | 2.33M | 4.35M |
| longTermDebt | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 1.24M | 1.19M | 1.11M | 2.33M | 38492 | 103.87K | 155.14K | 194.98K | 228.39K |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 924.05K | 1.13M | 1.09M | 1.04M | 1.2M | 1.16M | 1.12M | 1.07M | 1.23M |
| totalNonCurrentLiabilities | 2.17M | 2.32M | 2.2M | 3.37M | 1.24M | 1.27M | 1.27M | 1.27M | 1.46M |
| otherLiabilities | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 1.26M | 1.3M | 1.3M | 2.74M | 179.46K | 268.25K | 302.22K | 342.22K | 368.43K |
| totalLiabilities | 4.7M | 4.09M | 5.12M | 5.52M | 2.8M | 3.06M | 4.25M | 3.59M | 5.8M |
| treasuryStock | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - |
| commonStock | 47.98M | 47.85M | 47M | 44.2M | 43.2M | 42.21M | 37.82M | 37.42M | 33.97M |
| retainedEarnings | -56.53M | -54.36M | -52.28M | -49.87M | -47.57M | -46.11M | -42.65M | -40.32M | -39.15M |
| additionalPaidInCapital | 5.41M | 5.4M | 5.4M | 5.38M | 5.36M | 5.34M | 5.15M | 4.97M | 4.89M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 |
|---|---|---|---|---|---|---|---|---|---|
| netIncome | -2.03M | -2.08M | -2.41M | -2.3M | -1.46M | -3.46M | -2.34M | -1.16M | -3.54M |
| depreciationAndAmortization | 170.79K | 177.27K | 172.08K | 309.08K | 285.93K | 314.49K | 314.86K | 321.98K | 319.65K |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | - | - | 14518 | 21777 | 26342 | 51055 | 108.16K | 59131 | 60982 |
| changeInWorkingCapital | -120.48K | -1.2M | 848.48K | 21313 | -231.09K | -957.24K | -247.81K | 272.24K | 399.94K |
| accountsReceivables | -879.72K | 356.92K | -363.33K | -48598 | -41930 | -472.06K | -166.28K | 160.64K | -101.67K |
| inventory | 72948 | -67564 | -10862 | 72450 | -51419 | 3385 | 85699 | -6023 | -129.09K |
| accountsPayables | 727.84K | - | - | - | - | - | - | - | - |
| otherWorkingCapital | -41538 | -1.49M | 1.22M | -2539 | -137.74K | -488.56K | -167.23K | 117.62K | 630.7K |
| otherNonCashItems | 170.7K | -17860 | -176 | 217.78K | -229.39K | 804.49K | -23052 | -1.39M | 631.7K |
| netCashProvidedByOperatingActivities | -1.81M | -3.12M | -1.37M | -1.73M | -1.61M | -3.24M | -2.18M | -1.9M | -2.13M |
| investmentsInPropertyPlantAndEquipment | -103.64K | -17983 | -20445 | -88140 | -6815 | -25220 | -15868 | -21092 | -23294 |
| acquisitionsNet | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | - | - | -13113 | - | - | -26675 | - | -4786 | - |
| netCashProvidedByInvestingActivities | -103.64K | -17983 | -33558 | -88140 | -6815 | -51895 | -15868 | -25878 | -23294 |
| netDebtIssuance | -78334 | -41100 | -55117 | -49482 | -33071 | -34483 | -85977 | -37237 | -38852 |
| longTermNetDebtIssuance | -78334 | -41100 | -55117 | -49482 | -33071 | -34483 | -85977 | -37237 | -38852 |
| shortTermNetDebtIssuance | - | - | - | - | - | - | - | - | - |
| netStockIssuance | -93238 | 1.52M | 6.77M | 3100 | 3.66M | 8.29M | 1.3M | 3.74M | -74437 |
| netCommonStockIssuance | -93238 | 1.52M | 6.77M | 3100 | 3.66M | 8.29M | 1.3M | 3.74M | -74437 |
| commonStockIssuance | -93238 | 1.52M | 6.77M | 3100 | 3.66M | 8.29M | 1.3M | 3.74M | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | -74437 |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -202 | 1242 | -1.13M | - | -453.57K | -2.36M | 68239 | -868.67K | 54115 |
| netCashProvidedByFinancingActivities | -171.77K | 1.48M | 5.59M | -46382 | 3.17M | 5.89M | 1.28M | 2.84M | -59174 |