Saturday 17 October 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. In the quarter to June 2026, revenue grew 91.8%, EPS grew 65.5% and free cash flow grew 23.0%, each against the same quarter a year earlier. Revenue growth for three consecutive years, operating cash flow growth for three.
0.70
0.03
−4.11%
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| Sep '18 | Sep '19 | Sep '20 | Sep '21 | Sep '22 | Sep '23 | Sep '24 | Sep '25 | |
|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
— | — | — | — | 2 | 4 | 4 | 5 |
P/E ratio |
— | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
P/S ratio |
— | — | 0.00 | 66.82 | 8.01 | 7.39 | 1.15 | 0.61 |
Altman Z-Score |
— | — | — | 14.31 | (9.87) | (6.78) | (16.12) | (6.68) |
Altman Z″-Score (non-manufacturers) |
— | — | — | (8.19) | (25.77) | (15.90) | (37.46) | (13.25) |
P/FCF ratio |
— | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Beneish M-Score |
— | — | — | (2.76) | (9.06) | — | (0.91) | (1.26) |
P/Operating CF |
— | — | (45.75) | (60.82) | (18.79) | (3.38) | (0.78) | (2.34) |
P/B ratio |
— | — | 20.80 | 13.92 | 0.00 | 2.32 | 1.27 | 0.39 |
Price to Tangible BV |
— | — | 32.33 | 32.13 | 0.00 | 0.00 | 0.00 | 0.56 |
EV/Sales |
— | — | 0.00 | 65.12 | 10.89 | 4.93 | 2.58 | (0.24) |
EV/EBITDA |
— | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.15 |
EV/Operating CF |
— | — | 0.00 | (13.28) | (1.85) | (0.43) | (0.43) | 0.15 |
EV/FCF |
— | — | 0.00 | (11.76) | (1.40) | (0.40) | (0.42) | 0.15 |
Quick Ratio |
0.00 | 11.11 | 3.17 | 2.95 | 0.05 | 0.90 | 0.29 | 2.82 |
Current Ratio |
0.00 | 11.11 | 3.57 | 3.50 | 0.22 | 1.07 | 0.62 | 3.07 |
Net Debt/EBITDA |
0.00 | 2.41 | 1.36 | 0.29 | (0.21) | 0.49 | 0.03 | 0.84 |
Debt/Assets |
0.00% | 0.00% | 11.18% | 0.98% | 31.12% | 0.00% | 0.00% | 0.00% |
Debt/Equity |
0.00 | 0.00 | 0.15 | 0.01 | (2.27) | 0.00 | 0.00 | 0.00 |
Asset Turnover |
— | 0.00 | 0.31 | 0.19 | 0.09 | 0.13 | 0.17 | 0.53 |
Operating CF/Net income |
332.00 | 0.03 | 0.51 | 0.67 | 0.40 | 1.51 | 1.22 | 0.83 |
Capex/Depreciation |
— | — | 0.00 | (6.34) | (4.18) | (1.36) | (0.09) | (0.15) |
Interest Coverage |
0.00 | — | 0.00 | (85.39) | (19.95) | (18.12) | (49.91) | (52.39) |
| 0.00% | (58.71%) | (173.77%) | (190.37%) | (405.56%) | (647.01%) | (278.60%) | (209.08%) | |
| 0.00% | (55.22%) | (128.22%) | (135.72%) | (130.39%) | (95.49%) | (85.09%) | (102.98%) | |
ROIC |
0.00% | 0.00% | 0.00% | (164.76%) | (586.51%) | 0.00% | (566.31%) | (531.54%) |
Return on Tangible Assets |
(0.10%) | (45.65%) | (104.68%) | (245.15%) | 229.85% | (1,062.79%) | 905.27% | (152.63%) |
Average Days of Receivables |
— | — | 203.65 | 200.07 | 86.97 | 88.77 | 137.78 | 110.34 |
Research and Development Expense of Revenue |
— | — | 93.22% | 167.59% | 286.12% | 133.22% | 164.71% | 47.91% |
Selling, General and Administrative Expense of Revenue |
— | 0.00% | 189.93% | 591.11% | 1,138.06% | 831.91% | 519.06% | 149.25% |
Intangible Assets out of Total Assets |
0.00 | 0.00 | 0.12 | 0.40 | 0.65 | 0.35 | 0.57 | 0.19 |
Share Based Compensation of Revenue |
— | — | 0.00% | 192.99% | 271.64% | 30.26% | 19.39% | 2.30% |
Graham Net Nets |
— | — | 0.02 | 0.02 | (1.18) | (0.11) | (1.39) | 1.26 |
Graham Number |
— | — | 0.00 | 0.00 | 3,604.26 | 0.00 | 0.00 | 0.00 |
Earnings Yield |
— | — | (11.10%) | (11.10%) | (198.95%) | (120.53%) | (429.79%) | (728.57%) |
Free Cash Flow Yield |
— | — | 0.00% | (8.29%) | (97.19%) | (168.62%) | (528.99%) | (267.37%) |
Revenue per Share |
0.00 | 0.00 | 1.46 | 336.60 | 161.40 | 47.18 | 28.06 | 5.79 |
Operating CF per Share |
(2.09) | (0.39) | (3.03) | (1,650.33) | (952.14) | (538.11) | (169.00) | (9.32) |
Capex per Share |
0.00 | 0.00 | 0.00 | (235.67) | (305.14) | (49.69) | (2.07) | (0.20) |
Free Cash Flow per Share |
(2.09) | (0.39) | (3.03) | (1,886.00) | (1,257.29) | (587.80) | (171.08) | (9.52) |
Cash per Share |
4.21 | 35.41 | 5.21 | 717.13 | 44.86 | 207.81 | 5.35 | 7.89 |
Shareholders Equity per Share |
6.30 | 32.24 | 6.58 | 1,615.63 | (224.34) | 150.43 | 25.52 | 9.14 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
6.30 | 32.24 | 6.58 | 1,615.63 | (224.34) | 150.43 | 25.52 | 9.14 |
Free Cash Flow |
(0.03) | 0.00 | (1.34) | (5.66) | (4.40) | (11.40) | (6.74) | (5.81) |
Working Capital |
0.08 | 0.14 | 2.15 | 2.29 | (4.24) | 0.34 | (0.83) | 4.31 |
Capital Expenditures |
— | — | (0.20) | (0.71) | (1.07) | (0.96) | (0.08) | (0.12) |
Net Current Asset Value |
0.08 | 0.14 | 1.92 | 1.16 | (5.33) | (0.73) | (1.77) | 2.74 |
EV/EBIT |
— | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.13 |
Capex to Sales |
— | — | 0.00 | 0.70 | 1.89 | 1.05 | 0.07 | 0.03 |
Price to Operating Income |
— | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other line items | ||||||||
Depreciation/Fixed assets |
— | — | 0.21 | 0.16 | 0.39 | 2.28 | 4.10 | 3.87 |
Cash ROIC |
(19.92%) | (0.57%) | (23.72%) | (80.08%) | (380.70%) | (164.08%) | (554.13%) | (55.89%) |
Accounts Receivable Turnover |
— | — | 0.00 | 2.21 | 1.64 | 5.12 | 3.46 | 4.76 |
Accounts Payable Turnover |
— | — | 0.00 | 1.00 | 0.19 | 0.45 | 0.61 | 1.60 |
Inventory Turnover |
— | — | 0.00 | 0.00 | 2.21 | 2.98 | 1.88 | 6.00 |
Average Days of Payables |
— | — | 513.40 | 515.03 | 3,032.66 | 422.34 | 595.52 | 263.18 |
Days of Inventory on Hand |
— | — | 0.00 | 41.27 | 267.63 | 138.85 | 191.19 | 59.19 |
Average Receivables |
— | — | — | 0.46 | 0.34 | 0.18 | 0.32 | 0.74 |
Average Payables |
— | — | — | 0.63 | 2.19 | 2.36 | 1.22 | 1.44 |
Average Inventory |
— | — | — | — | 0.19 | 0.36 | 0.40 | 0.38 |
Average Assets |
— | 0.11 | 2.06 | 5.43 | 6.32 | 7.23 | 6.42 | 6.68 |
Average Common Equity |
— | 0.11 | 1.52 | 3.87 | 2.03 | 1.07 | 1.96 | 3.29 |
Columns are period end dates