Saturday 17 October 2026
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T3 Defense Inc.
DFNS Industrials Aerospace & Defense
T3 Defense Inc.’s revenue for fiscal 2024 (year ended September 2024) was $5.9 million, down 72.2% from fiscal 2023. In the quarter to June 2026, revenue grew 1,438.1%, EPS fell 139.7%, free cash flow fell 267.7% and total debt rose 685.4%, each against the same quarter a year earlier.
4.82
1.32
−21.50%
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| Sep '20 | Dec '20 | Dec '21 | Sep '22 | Dec '22 | Sep '23 | Dec '23 | Sep '24 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | 5 | 3 | — | — | — | — | — | — | — |
P/E ratio |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
Altman Z-Score |
— | 1.82 | 1.88 | 3.77 | 3.61 | (21.05) | — | (82.20) | — | — |
P/S ratio |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.74 | 1.45 | 0.77 | — | — |
Altman Z″-Score (non-manufacturers) |
— | 6.24 | 5.77 | (6.45) | (3.59) | (78.70) | — | (223.39) | — | — |
P/FCF ratio |
— | 0.00 | 0.00 | 0.00 | 13.24 | 2.40 | 0.00 | 0.00 | — | — |
Beneish M-Score |
— | 820.76 | — | — | — | — | — | — | — | — |
P/Operating CF |
— | (178.99) | (199.83) | (241.47) | 11.22 | 49.00 | (70.67) | (3.43) | — | — |
P/B ratio |
— | 170.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
Price to Tangible BV |
— | 170.90 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
EV/Sales |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.93 | 1.64 | 1.60 | — | — |
EV/EBITDA |
— | 135.25 | 2.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
EV/Operating CF |
— | 146.00 | 3.72 | (4.90) | 12.82 | 2.99 | (46.96) | (2.71) | — | — |
EV/FCF |
— | 146.00 | 3.72 | (4.90) | 12.82 | 2.99 | (42.18) | (2.65) | — | — |
Quick Ratio |
— | 153.74 | 26.02 | 0.32 | 1.78 | 0.08 | 0.08 | 0.01 | 0.04 | 0.11 |
Current Ratio |
0.00 | 142.47 | 24.64 | 0.49 | 1.54 | 0.32 | 0.32 | 0.14 | 0.05 | 0.31 |
Net Debt/EBITDA |
0.00 | 314.00 | 68.63 | 0.28 | 2.05 | 0.02 | 0.02 | (0.14) | 0.00 | 0.10 |
Debt/Assets |
0.00% | 0.52% | 3.41% | 0.00% | 59.74% | 12.55% | 12.60% | 98.08% | 10.89% | 0.43% |
Debt/Equity |
— | 1.57 | (0.89) | 0.00 | (0.93) | (0.07) | (0.07) | (0.14) | (0.01) | (0.06) |
Asset Turnover |
0.00 | 0.41 | 0.41 | 0.65 | 1.76 | 4.50 | 0.00 | 2.73 | 0.00 | 0.00 |
Operating CF/Net income |
(0.57) | 0.43 | 0.72 | (0.14) | 1.17 | 0.07 | 0.07 | 0.45 | — | (0.08) |
Capex/Depreciation |
0.00 | — | 0.00 | 0.00 | 0.00 | (0.02) | (0.02) | 0.00 | — | (7.75) |
Interest Coverage |
— | (47.74) | (145.85) | — | (18.53) | (9,701.78) | (9,701.78) | (18.36) | — | (211.69) |
| 0.00% | (399.37%) | 71.44% | (261.53%) | (27.76%) | 344.67% | 281.41% | 128.19% | 0.00% | (87.80%) | |
| (1.37%) | (0.69%) | (1.27%) | (35.88%) | (7.91%) | (368.31%) | (519.85%) | (392.80%) | 0.00% | 74.28% | |
ROIC |
0.00% | 0.00% | 0.00% | (81.87%) | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Return on Tangible Assets |
(2,176.03%) | (0.68%) | (1.31%) | 312.84% | (45.10%) | 281.33% | 281.33% | 139.56% | 0.00% | (262.79%) |
Average Days of Receivables |
— | 70.52 | 50.64 | 0.00 | 16.39 | 0.00 | 0.00 | 0.00 | — | 0.00 |
Research and Development Expense of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | — | — |
Selling, General and Administrative Expense of Revenue |
0.00% | 0.77% | 3.48% | 27.45% | 5.63% | 23.16% | 0.00% | 113.54% | — | 0.00% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.23 | 0.44 | 1.32 | 0.01 | 0.01 | 0.02 | 0.00 | 0.07 |
Share Based Compensation of Revenue |
— | 0.00% | 0.00% | 8.89% | 8.89% | 1.74% | 0.00% | 3.89% | — | 0.00% |
Graham Net Nets |
— | 0.01 | (0.04) | (0.12) | (0.05) | (0.42) | (0.34) | (1.49) | — | — |
Graham Number |
— | 0.00 | 813.94 | 1,743.96 | 1,306.18 | 5,268.43 | 4,843.37 | 2,881.56 | — | — |
Earnings Yield |
— | (1.20%) | (1.35%) | (2.03%) | (2.55%) | (4.55%) | (38.45%) | (293.03%) | — | — |
Free Cash Flow Yield |
— | (0.52%) | (0.97%) | (3.76%) | 7.55% | 41.68% | (2.68%) | (78.15%) | — | — |
Revenue per Share |
— | 5,189.19 | 3,161.80 | 2,195.26 | 4,676.85 | 2,108.67 | 0.00 | 428.51 | — | 0.00 |
Operating CF per Share |
0.00 | (37.05) | (70.64) | 164.86 | (246.26) | (122.02) | (0.12) | (276.67) | — | (92.65) |
Capex per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | (4.14) | 0.00 | 0.00 | — | (0.46) |
Free Cash Flow per Share |
0.00 | (37.05) | (70.64) | 164.86 | (246.26) | (126.16) | (0.13) | (276.67) | — | (93.11) |
Cash per Share |
— | 12,625.92 | 7,814.93 | 243.31 | 1,328.43 | 68.50 | 0.07 | 2.57 | 0.00 | 62.74 |
Shareholders Equity per Share |
— | 41.84 | (300.33) | 1,111.29 | (852.17) | (613.19) | (0.61) | (514.33) | 0.00 | (232.87) |
Interest Debt per Share |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
— | 41.84 | (300.33) | 1,111.29 | (852.17) | (613.19) | (0.61) | (514.33) | 0.00 | (232.87) |
Free Cash Flow |
0.18 | (0.14) | (0.43) | 1.62 | (1.13) | (1.27) | (1.27) | (3.82) | — | (6.23) |
Working Capital |
0.01 | 46.40 | 45.74 | (3.79) | 2.15 | (6.20) | (6.20) | (6.10) | (162.36) | (29.99) |
Capital Expenditures |
0.00 | — | — | — | — | (0.04) | (0.04) | 0.00 | — | (0.03) |
Net Current Asset Value |
0.01 | 0.15 | (1.83) | (3.79) | (3.92) | (6.62) | (6.62) | (7.12) | (163.36) | (204.41) |
EV/EBIT |
— | 135.25 | 2.39 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
Capex to Sales |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 |
Price to Operating Income |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.04 |
Cash ROIC |
0.00% | (0.29%) | (0.91%) | 12.17% | (19.39%) | 25.08% | 25.09% | 62.63% | 0.00% | 59.21% |
Accounts Receivable Turnover |
— | 10.34 | 6.04 | 0.00 | 11.81 | 0.00 | 0.00 | 0.00 | — | 0.00 |
Accounts Payable Turnover |
— | 1,448.99 | 119.18 | 122.75 | 120.94 | 95.40 | 0.00 | 16.75 | 0.00 | 0.00 |
Inventory Turnover |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
Average Days of Payables |
— | 0.50 | 5.65 | 0.85 | 5.18 | 2.34 | 0.00 | 33.29 | 0.00 | 0.00 |
Days of Inventory on Hand |
— | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | — |
Average Receivables |
— | 1.86 | 3.19 | — | 1.82 | — | — | — | — | 0.74 |
Average Payables |
— | 0.01 | 0.17 | 0.18 | 0.18 | 0.23 | 0.14 | 0.29 | 0.26 | 0.10 |
Average Assets |
23.11 | 46.37 | 47.20 | 33.02 | 12.24 | 4.73 | 3.35 | 2.17 | 5.05 | 105.75 |
Average Common Equity |
— | 0.08 | (0.84) | 4.53 | 3.49 | (5.06) | (6.19) | (6.65) | (85.22) | (89.46) |
Columns are period end dates · fundamentals updated 28 Sep 2026