DFSCNasdaqServices-Prepackaged SoftwareFiscal year ends September 30Also trades as DFSCW
DEFSEC Technologies Inc.
Financials through fiscal 2025, year ended Sep 30, 2025Last filing: 20-F on Dec 29, 2025
$0.66−0.05 (-7.51%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2019 to 2025
Gross margin
35.2%
Operating margin
-183.7%
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +228.6% | +89.9% | – | – | |
| Gross profit | +257.3% | +111.1% | – | – |
Returns and balance sheet
5 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2019 | FY2019 | FY2025 | Trend |
|---|---|---|---|---|
| Current ratio | 0.49 | 0.49 | 3.07 | |
| Net debt to EBITDA | – | – | – | |
| Interest coverage | – | – | -35.6× | |
| Inventory turnover | – | – | 6.1× | |
| Capex to revenue | 4.0% | 4.0% | 2.8% | |
| Diluted shares | 0M | 0M | 1M |
Where the cash went
Fiscal 2019 to 2025, five years combined
DEFSEC Technologies generated C$36.45M from operations and spent C$626.57K on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
C$36.45M
Used
C$626.57K
Capital expenditureC$626.57K100%DividendsC$00%Share buybacksC$00%
DuPont needs revenue, assets and equity
This company does not report all three for consecutive years.
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 5 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero–
- Cash generatingOperating cash flow above zero-C$7.96M
- Return on assets improvedROA up on the prior year– → –
- Earnings backed by cashOperating cash flow above net income-C$7.96M vs –
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.62 → 3.07
- No dilutionShare count did not rise0M → 1M
- Gross margin improvedGross margin up on the prior year32.34% → 35.16%
- More efficientAsset turnover rose0.13 → 0.88