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DEFSEC Technologies Inc.

DFSC.V TSXV Industrials Ottawa, Canada
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Stock Performance
Price History
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Market Data
Market Cap 5.3M
P/E Ratio -
52-Week High -
52-Week Low -
Avg Volume -
Beta -
Forward P/E -
Dividend Yield -
EV/Revenue -
Price/Book -
Business Overview

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.

Industrials Aerospace & Defense TSXV
Key Financial Metrics
4.9M
Revenue
-9.6M
Net Income
C$-15.78
EPS (Diluted)
-8.1M
Free Cash Flow
Profitability
Gross Margin 35.2%
Operating Margin -183.7%
Net Profit Margin -194.8%
EBITDA -8.3M
Returns & Efficiency
Return on Assets (ROA) -74.5%
Return on Equity (ROE) -123.4%
Dividend Yield -
Payout Ratio -
Financial Health
Total Assets 12.9M
Total Debt 1.3M
Debt to Equity 0.17x
Current Ratio 3.07
Company Info
IndustryAerospace & Defense
HQOttawa, Canada
Employees43
Fiscal Year End1759190400
CurrencyCAD
Websitewww.kwesst.com
Peers
100.3B
P/E: 24.8
88.0B
P/E: 19.0
58.8B
P/E: 29.6
58.6B
P/E: 40.3
29.9B
P/E: 33.2
25.2B
P/E: 48.7
21.1B
P/E: 105.4
16.1B
P/E: 32.6
Insider Activity
Sentiment Bullish
Shares Bought 53,764
Shares Sold 0
Total Transactions 14
SEDAR+ Filings
View All Filings
7
Annual Reports
14
Quarterly Reports
21
MD&A
81
News Releases
7
Material Changes
6
Prospectuses
10
Governance
44
Certifications
56
Other

● Interim financial statements/report – English.pdf
2026-02-12
● Interim financial statements/report (amended) - English.pdf
2026-01-30
● Interim financial statements/report – English.pdf
2025-08-12
● Interim financial statements/report – English.pdf
2025-05-15
● Interim financial statements/report – English.pdf
2023-08-14
View all 14 quarterly reports →

● Interim MD&A - English.pdf
2026-02-12
● Interim MD&A (amended) - English.pdf
2026-01-30
● Annual MD&A - English.pdf
2025-12-29
● Interim MD&A - English.pdf
2025-08-12
● Interim MD&A - English.pdf
2025-05-15
View all 21 md&a →

● News release - English.pdf
2026-02-23
● News release - English.pdf
2026-02-12
● News release - English.pdf
2026-02-02
● News release - English.pdf
2026-01-30
● News release - English.pdf
2026-01-23
View all 81 news releases →

● Material change report - English.pdf
2023-08-01
● Material change report - English.PDF
2022-12-16
● Material change report - English.pdf
2022-10-28
● Material change report - English.pdf
2021-09-22
● Material change report - English.pdf
2019-10-17
View all 7 material changes →

● Supplemented Short Form PREP Prospectus - English.pdf
2022-12-06
● Receipt for Amendment to Final Prospectus.pdf
2022-11-28
● Amendment to (or amended) final short form prospectus – English.PDF
2022-11-28
● Final short form prospectus – English.PDF
2022-11-07
● Final prospectus – English.pdf
2018-05-02
View all 6 prospectuses →

● Management information circular (amended) - English.pdf
2026-01-28
● Form of proxy (amended) - English.pdf
2026-01-28
● Management information circular - English.pdf
2026-01-12
● Form of proxy - English.pdf
2026-01-12
● Management information circular - English.pdf
2024-09-06
View all 10 governance →

● 52-109F2 - Certification of interim filings - CFO (E).pdf
2026-02-12
● 52-109F2 - Certification of interim filings - CEO (E).pdf
2026-02-12
● 52-109F2R - Certification of refiled interim filings - CEO (E).pdf
2026-01-30
● 52-109F2R - Certification of refiled interim filings - CEO (F).pdf
2026-01-30
● 52-109F1 - Certification of annual filings - CEO (E).pdf
2025-12-29
View all 44 certifications →

● Notice of meeting (amended) - English.pdf
2026-01-28
● Notice of the meeting and record date (amended) - English.pdf
2026-01-21
● Other.pdf
2026-01-14
● Notice of meeting - English.pdf
2026-01-12
● AB form 13-501F1 (class 1 and 3B reporting issuers - participation fee).PDF
2025-12-29
View all 56 other →
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Company Profile
General Information
Company NameDEFSEC Technologies Inc.
TickerDFSC.V
ExchangeTSXV
SectorIndustrials
IndustryAerospace & Defense
HeadquartersOttawa, Canada
Employees43
Fiscal Year End1759190400
CurrencyCAD
Websitewww.kwesst.com
Financial Summary
Market Cap5.3M
Revenue4.9M
Net Income-9.6M
P/E RatioN/A
EPS (Diluted)C$-15.78
Net Margin-194.8%
ROE-123.4%
Dividend YieldN/A
Business Description
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.
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