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DFSC · NASDAQ · Aerospace & Defense

DEFSEC Technologies (DFSC)

Builds tactical software, sensors, and less-lethal systems for defense and public safety.

$1.22
vs last close−0.02 (−2.02%)
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DEFSEC Technologies Inc.DFSC
Industrials

Develops tactical software, sensor systems, and less-lethal launchers for defense and public-safety agencies, combining task-order digitization services with hardware and recurring ammunition sales. Its digitization business is concentrated in Canadian defense subcontracts without minimum guaranteed values.

Builds tactical digitization tools for military and public-safety users, including Tactical Digital Fires/TASCS, TAK/ATAK integration services, and the cloud-hosted DEFSEC Lightning platform. Lightning combines mapping, responder and asset location, encrypted communications, drone and camera feeds, and cross-agency interoperability on smart devices and command-center systems. Its principal digitization work serves the Canadian Department of National Defence through DSEF and Land C4ISR subcontracts.

Sells ARWEN launchers and munitions to law-enforcement and corrections agencies, while PARA SHOT targets recurring ammunition sales. BLISS laser-warning sensors are in customer test and evaluation, while Phantom development is paused. Revenue depends heavily on task orders from Canadian defense programs, which carry no minimum guaranteed values, alongside regulated sales and licensed distribution of PARA SHOT devices.

Company facts

CEOSean Homuth
ListedDec 7, 2022
ExchangeNASDAQ
HeadquartersOttawa, Canada
CountryCanada
Employees46
CIK0001889823
ISINCA2447781063

Market cap$3.3M
EPS (ttm)−$4.05
P/E (ttm)−0.3059
ROE-143.8%
P/B0.9079
P/S0.6169
Dividend yieldDiv yield
Beta3.08vs XLI −0.14

No analyst consensus on record.

EPSReportedEstimate

May '24Aug '24Dec '24May '25Aug '25Feb '26May '26Aug '26
Reported−$0.95−$19.95−$13.81−$4.33−$2.67−$1.00−$0.74−$0.92
Estimate−$0.81−$64.45−$34.14−$81.00−$64.45−$474.85
Surprise−17.3%+69.0%+59.5%+94.7%+95.9%+99.8%

RevenueReportedEstimate

May '24Aug '24Dec '24May '25Aug '25Feb '26May '26Aug '26
Reported$358.7K$240.7K$409.7K$887.7K$1.0M$952.3K$1.5M$1.9M
Estimate$1.5M$2.2M$3.7M$1.5M$2.2M$403.8K
Surprise−75.7%−89.0%−88.9%−40.2%−52.5%+374.6%
Estimate−$474.85
Reported−$0.92+99.8%
Estimate$403.8K
Reported$1.9M+374.6%
View details

Debt to equity25.20%
Current ratio213.30%

ProfitabilityRevenueNet incomeNet margin

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Revenue$397.9K$630.8K$898.4K$1.0M$976.0K$929.4K$1.5M$1.9M
Net income−$1.7M−$2.5M−$1.0M−$1.6M−$1.7M−$1.5M−$1.4M−$1.8M
Net margin0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%

GrowthOperating income

Q4 FY24Q1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26
Operating income−$1.5M−$2.1M−$1.2M−$1.3M−$1.9M−$1.5M−$1.4M−$1.8M
YoY growthLoss narrowedLoss widenedLoss narrowedLoss narrowedLoss widenedLoss narrowedLoss widenedLoss widened

Balance sheet, Jun 30, 2026Cash & short-term investments $2.5M · Total debt $917.4K · Total assets $7.4M · Shareholders' equity $3.6M

Revenue
$1.9M
Operating income
−$1.8M
Net income
−$1.8M

Reported in CAD, converted at the latest exchange rate

View details

No dividends on record.

No ownership filings on record for this listing.

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Compare

CompanyPriceChange
DEFSEC Technologies$1.22−2.02%$3.3M0.6+84.2%
Axon Enterprise$459.36+1.62%$36.44B187.451.211.3+35.3%
Motorola Solutions$456.79−0.99%$76.58B36.325.26.3+13.3%
Byrna Technologies $3.48−1.28%$79.9M0.7−42.5%
Cadre$26.82+0.69%$1.14B31.319.01.7+31.8%
Wrap Technologies$1.50−0.33%$83.6M13.8+70.7%
CACI$620.26−1.99%$13.98B26.218.91.5+17.6%
Median33.822.14.0+24.7%