stockrow
Friday 6 November 2026
Export DFSC’s income statement to Excel — free account
DEFSEC Technologies Inc.
DFSC Industrials Aerospace & Defense
DEFSEC Technologies Inc.’s revenue for fiscal 2025 (year ended September 2025) was $3.5 million, up 219.6% from fiscal 2024.
- Revenue
- +91.8%
- EPS
- +65.5%
- Free cash flow
- +23.0%
Quarter to June 2026, against a year earlier
0.54
0.02
−3.57%
Follow DFSC
Alert me
Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to September
| Ten-year view | Analyst estimates Powerpack | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM Jun ’26 | Trend | 10 yrs | 2026e | 2027e | 2028e | Next 3/yr |
| Income, $m | ||||||||||||||||||
| Income, $m | Revenue | — | — | — | — | 1 | 1 | 1 | 1 | 1 | 4 | 5 | +40.6% | 8 | — | — | +125.6% | |
| Gross margin, % | — | — | — | — | 59.33 | 37.38 | 25.62 | (15.50) | 32.34 | 35.16 | 33.88 | (24.2) pt | ||||||
| EBT | — | — | 0 | 0 | (3) | (7) | (8) | (7) | (5) | (7) | (7) | +409.8% | ||||||
| EBT margin, % | — | — | 0.00 | 0.00 | (410.35) | (730.15) | (1,464.86) | (753.93) | (494.44) | (194.77) | (120.61) | (194.8) pt | ||||||
| Net income | — | — | 0 | 0 | (3) | (7) | (8) | (7) | (5) | (7) | (6) | +409.8% | ||||||
| Per share, $ | ||||||||||||||||||
| Per share, $ | Revenue | — | — | 0.00 | 0.00 | 1.46 | 336.60 | 161.40 | 47.18 | 28.06 | 5.79 | 2.69 | n/m | |||||
| Earnings | — | — | (0.01) | (14.63) | (5.99) | (2,497.50) | (2,369.75) | (376.05) | (138.87) | (11.28) | (4.09) | +183.3% | ||||||
| Cash flow | — | — | (2.09) | (0.39) | (3.03) | (1,650.33) | (952.14) | (538.11) | (169.00) | (9.32) | (2.76) | +23.8% | ||||||
| Capex | — | — | 0.00 | 0.00 | 0.00 | (235.67) | (305.14) | (49.69) | (2.07) | (0.20) | (0.07) | n/m | ||||||
| Free cash flow | — | — | (2.09) | (0.39) | (3.03) | (1,886.00) | (1,257.29) | (587.80) | (171.08) | (9.52) | (2.84) | +24.2% | ||||||
| Book value | — | — | 6.30 | 32.24 | 6.58 | 1,615.63 | (224.34) | 150.43 | 25.52 | 9.14 | 1.82 | +5.5% | ||||||
| Shares, m | — | — | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | +74.9% | ||||||
| Valuation, × | ||||||||||||||||||
| Valuation, × | P/E | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.0 | |||||
| P/S | — | — | — | — | 0.00 | 66.80 | 8.01 | 11.25 | 1.85 | 1.21 | 0.20 | 14.9 | ||||||
| P/B | — | — | — | — | 20.80 | 13.92 | 0.00 | 3.53 | 2.03 | 0.77 | 0.30 | 6.8 | ||||||
| EV/Sales | — | — | — | — | 0.00 | 65.10 | 10.89 | 8.80 | 3.27 | 0.36 | 0.06 | 14.7 | ||||||
| EV/FCF | — | — | — | — | 0.00 | (11.76) | (1.40) | (0.71) | (0.54) | (0.22) | (0.06) | (2.4) | ||||||
| Cash, $m | ||||||||||||||||||
| Cash, $m | Operating cash flow | — | — | 0 | 0 | (1) | (5) | (3) | (10) | (7) | (6) | (6) | +116.5% | |||||
| Capex | — | — | — | — | 0 | (1) | (1) | (1) | 0 | 0 | 0 | (9.8%) | ||||||
| Free cash flow | — | — | 0 | 0 | (1) | (6) | (4) | (11) | (7) | (6) | (6) | +117.1% | ||||||
| Balance, $m | ||||||||||||||||||
| Balance, $m | Working capital | — | — | 0 | 0 | 2 | 2 | (4) | 0 | (1) | 4 | 3 | +77.8% | |||||
| Net debt | — | — | 0 | 0 | (2) | (2) | 2 | (4) | 0 | (5) | (3) | +91.3% | ||||||
| Shareholders’ equity | — | — | 0 | 0 | 3 | 5 | (1) | 3 | 1 | 6 | 4 | +84.4% | ||||||
| Returns, % | ||||||||||||||||||
| Returns, % | ROA | — | — | 0.00 | (55.22) | (128.22) | (135.72) | (130.39) | (95.49) | (85.09) | (102.98) | (88.39) | (103.0) pt | |||||
| ROIC | — | — | 0.00 | 0.00 | 0.00 | (164.76) | (586.51) | 0.00 | (566.31) | (531.54) | (361.56) | (531.5) pt | ||||||
| ROE | — | — | 0.00 | (58.71) | (173.77) | (190.37) | (405.56) | (647.01) | (278.60) | (209.08) | (187.42) | (209.1) pt | ||||||
| People | ||||||||||||||||||
| People | Employees | — | — | — | — | — | — | 17 | 28 | 29 | 46 | — | +39.3% | |||||
| Revenue/emp, $m | — | — | — | — | 0.00 | 0.00 | 0.03 | 0.03 | 0.04 | 0.08 | — | n/m | ||||||
Negative figures in brackets.
estimates
Fiscal years to Sep 2025 · latest quarter Jun 2026 · fundamentals updated 26 Oct 2026
DEFSEC Technologies Inc. vs peers in Aerospace & Defense (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| XTIA XTI Aerospace, Inc. | $32.3M | — (loss-making) | — (loss-making) | +5,308.17% (above 0%: growing) | n/m | −55.80% (below 0%: shrinking) | 17.39% | (27.99%) | Compare |
| MOB Mobilicom Limited Sponsored ADR | $30.5M | — (loss-making) | — (loss-making) | −64.81% (below 0%: shrinking) | n/m | −367.36% (below 0%: shrinking) | 58.40% | 0.00% | Compare |
| PRZO ParaZero Technologies Ltd. | $14.0M | — | — | — | — | −42.97% (below 0%: shrinking) | 43.65% | 0.00% | Compare |
| AIRI Air Industries Group | $12.9M | — (loss-making) | — (loss-making) | −5.25% (below 0%: shrinking) | n/m | +365.52% (above 0%: growing) | 20.70% | (3.05%) | Compare |
| DUKR DUKE Robotics Corp. | $9.9M | — (loss-making) | — | +313.89% (above 0%: growing) | n/m | −77.73% (below 0%: shrinking) | 38.93% | (622.82%) | Compare |
| DFNS T3 Defense Inc. | $7.7M | — (loss-making) | — | +1,438.11% (above 0%: growing) | n/m | −267.69% (below 0%: shrinking) | 25.35% | (84.53%) | Compare |
| VWAV visionwave holdings, inc. | $5.2M | — (loss-making) | — | — | n/m | −10,453.05% (below 0%: shrinking) | 40.03% | (6,337.65%) | Compare |
| DFSC DEFSEC Technologies Inc. | $2.4M | — (loss-making) | — (loss-making) | +91.84% (above 0%: growing) | n/m | +23.01% (above 0%: growing) | 33.12% | (94.10%) | |
| KITT Nauticus Robotics, Inc. | $1.8M | — (loss-making) | 6.9× | −57.32% (below 0%: shrinking) | n/m | +3.08% (above 0%: growing) | (223.68%) | (678.23%) | Compare |
| Median of peers | $11.4M | — | — | +154.32% | — | −66.77% | 32.14% | (56.26%) |