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DEFSEC Technologies Inc. (DFSC)

Industrials | Aerospace & Defense | Ottawa, Canada | NasdaqCM
1.72 USD -0.14 (-7.527%) ⇩ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 1.78 +0.06 (3.488%) ⇧ (Aug. 28, 2026, 7:54 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 3:12 a.m. EDT

The immediate outlook is severely compromised by a catastrophic multi-year price collapse. Over the last four years, the asset has lost virtually all its value, with every single year showing a massive decline, culminating in a recent period where the price has halved again from a temporary spike. This relentless downward trajectory suggests the market has permanently reassessed the business quality as broken or non-viable. While the company recently reported a 92% surge in top-line revenue, this growth is occurring while the company burns significant cash, operates at a steep loss, and trades at a price far below its book value—a classic value trap where the market correctly prices in the inability to convert sales into profit. There is no dividend to provide income, and the balance sheet shows negative free cash flow and negative returns on equity. The recent volatility appears to be a retail-driven anomaly rather than a sustainable recovery, leaving the investment case with no clear path to redemption in the near term.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.555318
AutoETS0.571441
AutoARIMA0.571446
AutoTheta0.965312

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 25%
H-stat 72.71
Ljung-Box p 0.000
Jarque-Bera p 0.175
Excess Kurtosis -1.36
Attribute Value
Sector Industrials
Debt to Equity Ratio 25.249
Revenue per Share 4.483
Market Cap 4,586,607
Beta 0.96
Profit Margins -120.99%
Website https://www.kwesst.com

Info Dump

Attribute Value
52 Week Change -0.42146188
Address1 80 Hines Road
Address2 Unit #300
All Time High 30,546.6
All Time Low 0.217
Ask 2.21
Ask Size 2
Average Daily Volume10 Day 4,148,890
Average Daily Volume3 Month 2,569,525
Average Volume 2,569,525
Average Volume10Days 4,148,890
Beta 0.956
Bid 1.3
Bid Size 2
Book Value 1.3907229
City Ottawa
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 1.72
Current Ratio 2.163
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 1.855
Day Low 1.7
Debt To Equity 25.249
Display Name DEFSEC
Dividend Date 1,600,732,800
Earnings Timestamp End 1,786,651,200
Earnings Timestamp Start 1,786,651,200
Ebitda -8,673,777
Ebitda Margins -1.15298
Enterprise To Ebitda -0.319
Enterprise To Revenue 0.368
Enterprise Value 2,768,079
Eps Trailing Twelve Months -1.39
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.92802
Fifty Day Average Change -0.20801997
Fifty Day Average Change Percent -0.10789306
Fifty Two Week Change Percent -42.146187
Fifty Two Week High 6.0
Fifty Two Week High Change -4.2799997
Fifty Two Week High Change Percent -0.7133333
Fifty Two Week Low 1.16
Fifty Two Week Low Change 0.56000006
Fifty Two Week Low Change Percent 0.4827587
Fifty Two Week Range 1.16 - 6.0
Financial Currency CAD
First Trade Date Milliseconds 1,610,116,200,000
Float Shares 2,457,221
Free Cashflow -4,986,201
Full Exchange Name NasdaqCM
Full Time Employees 43
Fullday Change -0.14
Fullday Change Percent -7.52688
Fullday Price 1.78
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.33928
Gross Profits 2,552,399
Has Pre Post Market Data 1
Held Percent Insiders 0.00556
Held Percent Institutions 0.22709
Implied Shares Outstanding 2,666,632
Industry Aerospace & Defense
Industry Disp Aerospace & Defense
Industry Key aerospace-defense
Is Earnings Date Estimate 1
Language en-US
Last Fiscal Year End 1,759,190,400
Last Split Date 1,745,366,400
Last Split Factor 1:21
Long Business Summary 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.
Long Name DEFSEC Technologies Inc.
Market us_market
Market Cap 4,586,607
Market State CLOSED
Max Age 86,400
Message Board Id finmb_657106683
Most Recent Quarter 1,782,777,600
Net Income To Common -9,102,135
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 5,015,659
Open 1.83
Operating Cashflow -7,819,499
Operating Margins -0.94095004
Payout Ratio 0.0
Post Market Change 0.059999943
Post Market Change Percent 3.4883687
Post Market Price 1.78
Post Market Time 1,787,961,286
Previous Close 1.86
Price Hint 4
Price To Book 1.2367669
Price To Sales Trailing12 Months 0.6096858
Profit Margins -1.2099199
Quick Ratio 1.832
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.14
Regular Market Change Percent -7.52688
Regular Market Day High 1.855
Regular Market Day Low 1.7
Regular Market Day Range 1.7 - 1.855
Regular Market Open 1.83
Regular Market Previous Close 1.86
Regular Market Price 1.72
Regular Market Time 1,787,947,201
Regular Market Volume 128,438
Return On Assets -0.56122
Return On Equity -1.8776801
Revenue Growth 0.92
Revenue Per Share 4.483
Sand P52 Week Change 0.1966995
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 2,666,632
Shares Percent Shares Out 0.38819999
Shares Short 1,035,201
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 69,163
Short Name DEFSEC Technologies Inc.
Short Percent Of Float 0.38950002
Short Ratio 0.17
Source Interval 15
State ON
Symbol DFSC
Total Cash 3,482,167
Total Cash Per Share 1.306
Total Debt 1,290,311
Total Revenue 7,522,903
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.39
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.519335
Two Hundred Day Average Change -0.799335
Two Hundred Day Average Change Percent -0.31728014
Type Disp Equity
Volume 128,438
Website https://www.kwesst.com
Zip K2K 2T8