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DEFSEC Technologies Inc. (DFSC)

Industrials | Aerospace & Defense | Ottawa, Canada | NasdaqCM
2.03 USD -0.01 (-0.490%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★☆☆☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | July 11, 2026, 4:19 a.m. EDT

The immediate outlook is severely clouded by a brutal price collapse, with the stock trading well below its 50-day moving average after a relentless four-year descent. While the company recently raised capital through direct offerings, the operational reality is stark: the business is burning cash with negative free cash flow and operating losses, while profitability remains elusive. There is no dividend to provide income, and the lack of any positive annual returns over the last four years suggests a fundamental structural issue rather than a temporary setback. The recent price action shows continued weakness, confirming that the market is pricing out the deteriorating fundamentals.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.400421
AutoTheta0.400473
MSTL0.402644
AutoARIMA0.480786

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 32%
H-stat 0.47
Ljung-Box p 0.000
Jarque-Bera p 0.034
Excess Kurtosis -0.01
Attribute Value
Sector Industrials
Debt to Equity Ratio 24.516
Revenue per Share 4.679
Market Cap 5,413,263
Beta 0.91
Profit Margins -141.78%
Previous Name KWESST Micro Systems Inc.
Website https://www.kwesst.com

Info Dump

Attribute Value
52 Week Change -0.79119754
Address1 80 Hines Road
Address2 Unit #300
All Time High 30,546.6
All Time Low 0.217
Ask 2.5
Ask Size 2
Average Daily Volume10 Day 111,160
Average Daily Volume3 Month 135,785
Average Volume 135,785
Average Volume10Days 111,160
Beta 0.91
Bid 1.44
Bid Size 2
Book Value 1.8137556
City Ottawa
Compensation As Of Epoch Date 1,767,139,200
Country Canada
Crypto Tradeable 0
Currency USD
Current Price 2.03
Current Ratio 2.424
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 2.05
Day Low 1.91
Debt To Equity 24.516
Display Name DEFSEC
Dividend Date 1,600,732,800
Earnings Timestamp End 1,786,651,200
Earnings Timestamp Start 1,786,651,200
Ebitda -7,763,898
Ebitda Margins -1.24857
Enterprise To Ebitda -0.303
Enterprise To Revenue 0.378
Enterprise Value 2,352,458
Eps Trailing Twelve Months -1.43
Esg Populated 0
Exchange NCM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 3.4783
Fifty Day Average Change -1.4483001
Fifty Day Average Change Percent -0.4163816
Fifty Two Week Change Percent -79.11975
Fifty Two Week High 10.17
Fifty Two Week High Change -8.14
Fifty Two Week High Change Percent -0.80039334
Fifty Two Week Low 1.62
Fifty Two Week Low Change 0.40999997
Fifty Two Week Low Change Percent 0.2530864
Fifty Two Week Range 1.62 - 10.17
Financial Currency CAD
First Trade Date Milliseconds 1,610,116,200,000
Float Shares 1,831,524
Free Cashflow -4,896,770
Full Exchange Name NasdaqCM
Full Time Employees 43
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.32970002
Gross Profits 2,050,165
Has Pre Post Market Data 1
Held Percent Insiders 0.00556
Held Percent Institutions 0.08408
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 5,413,263
Market State PRE
Max Age 86,400
Message Board Id finmb_657106683
Most Recent Quarter 1,774,915,200
Name Change Date 2,026-07-14
Net Income To Common -8,816,167
Next Fiscal Year End 1,790,726,400
Non Diluted Market Cap 5,278,041
Open 2.03
Operating Cashflow -8,032,182
Operating Margins -0.90045
Payout Ratio 0.0
Prev Name KWESST Micro Systems Inc.
Previous Close 2.04
Price Hint 4
Price To Book 1.1192247
Price To Sales Trailing12 Months 0.8705457
Profit Margins -1.41779
Quick Ratio 1.968
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.00999999
Regular Market Change Percent -0.490196
Regular Market Day High 2.05
Regular Market Day Low 1.91
Regular Market Day Range 1.91 - 2.05
Regular Market Open 2.03
Regular Market Previous Close 2.04
Regular Market Price 2.03
Regular Market Time 1,783,972,801
Regular Market Volume 54,798
Return On Assets -0.54719
Return On Equity -1.4807299
Revenue Growth 0.677
Revenue Per Share 4.679
Sand P52 Week Change 0.20847368
Sector Industrials
Sector Disp Industrials
Sector Key industrials
Shares Outstanding 2,666,632
Shares Percent Shares Out 0.0535
Shares Short 142,648
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 127,019
Short Name DEFSEC Technologies Inc.
Short Percent Of Float 0.0537
Short Ratio 1.62
Source Interval 15
State ON
Symbol DFSC
Total Cash 2,951,005
Total Cash Per Share 1.48
Total Debt 1,256,403
Total Revenue 6,218,241
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -1.43
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 2.92571
Two Hundred Day Average Change -0.89571
Two Hundred Day Average Change Percent -0.30615133
Type Disp Equity
Volume 54,798
Website https://www.kwesst.com
Zip K2K 2T8