DEFSEC Technologies (DFSC) AI Stock Analysis

• Market Cap: $6.51M
• Dividend Yield: N/A
• Average Volume (3M): 1.30K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.10
• Revenue Growth: 166.43%
• EPS Growth: 75.12%
• Country: CA
• Employees: 29
• Sector: Industrials
• Sector Strength: 72
• Industry: Aerospace & Defense
• EPS (TTM): -3.69
• Shares Outstanding: 1,396,321
• 10 Day Avg. Volume: 1,449
• 30 Day Avg. Volume: 1,298
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 1.52
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 45 Neutral
• Price Target: C$5.50 ▲(17.77% Upside)

The overall stock score is primarily influenced by the company's financial performance, which is weak due to consistent losses and negative cash flows. Technical analysis provides a slightly more optimistic view with potential medium-term recovery, but valuation remains a significant concern due to negative earnings and lack of dividends. The absence of earnings call data and corporate events leaves these areas unaddressed.

DEFSEC Technologies Business Overview & Revenue Model

Company Description

KWESST Micro Systems Inc. develops and commercializes technology solutions for military, public safety agencies, and personal defense markets. It provides non-lethal systems with law enforcement and personal defense applications; modernized digitization of tactical forces for shared situational awareness and targeting; and counter-measures against threats, such as drones, lasers, and electronic detection. The company was incorporated in 2017 and is headquartered in Vancouver, Canada.

How the Company Makes Money

DEFSEC Technologies generates revenue through multiple streams, including the sale of proprietary cybersecurity software and hardware products, subscription-based services for ongoing support and updates, and consulting services that help organizations assess and improve their security measures. Additionally, the company may engage in long-term contracts with government and defense agencies, which provide a steady income source. Strategic partnerships with other technology firms and defense contractors also contribute to its revenue by enabling DFSC to integrate its solutions into larger systems and reach a broader market. The company's focus on innovation and adaptability to emerging threats further enhances its earning potential in a rapidly evolving industry.

DEFSEC Technologies Financial Statement Overview

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DEFSEC Technologies Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.67
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:DFSC, the sentiment is Negative. The current price of 4.67 is below the 20-day moving average (MA) of 5.88, below the 50-day MA of 5.27, and below the 200-day MA of 8.66, indicating a bearish trend. The MACD of -0.15 indicates Positive momentum. The RSI at 40.95 is Neutral, neither overbought nor oversold. The STOCH value of 10.28 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for TSE:DFSC.

DEFSEC Technologies Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
FTG	74 Outperform	C$279.42M	19.76	17.40%	―	15.09%	31.55%
MDA	71 Outperform	C$3.28B	27.54	9.64%	―	57.21%	136.79%
MAL	67 Neutral	C$967.93M	25.52	4.85%	0.88%	6.58%	121.23%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
DPRO	50 Neutral	$256.34M	―	-125.28%	―	17.08%	72.07%
DFSC	45 Neutral	$6.51M	-0.07	-242.78%	―	166.43%	75.12%
SNA	24 Underperform	C$6.81M	-3.33	―	―	-41.51%	42.31%

DEFSEC Technologies Corporate Events

DEFSEC Technologies Reports 394% Increase in Government Defence Billings and Advances Tactical Innovations

DEFSEC Technologies Inc. announced its participation in the ThinkEquity Investor Conference in New York City on October 30, 2025, where it will present its latest developments. The company reported a significant 394% increase in annualized billings from its Canadian Government Defence business compared to Fiscal 2024, driven by its strategic government programs like DSEF and Land C4ISR. DEFSEC is also advancing its DEFSEC Lightning™ software for emergency responders and expanding its ARWEN® product line, which includes a new training cartridge for operational simulation. Additionally, the company is progressing with its Battlefield Laser Detection System (BLDS), having delivered prototypes and preparing for customer evaluations of a networked version.

The most recent analyst rating on (TSE:DFSC) stock is a Hold with a C$6.00 price target. To see the full list of analyst forecasts on DEFSEC Technologies stock, see the TSE:DFSC Stock Forecast page.

DEFSEC Technologies Reports Financial Results for June 2025

On August 13, 2025, DEFSEC Technologies Inc. released its unaudited condensed consolidated interim financial statements for the three and nine months ending June 30, 2025. The company reported a significant increase in revenue compared to the previous year, reflecting a strong market position and effective operational strategies. Despite the revenue growth, DEFSEC faced a net loss, highlighting ongoing challenges in managing operating expenses. This financial update provides stakeholders with insights into the company’s current financial health and its efforts to navigate the competitive defense technology market.

DEFSEC Technologies Completes CAD$6.8 Million Public Offering

On August 7, 2025, DEFSEC Technologies Inc. announced the closing of a public offering, raising approximately CAD$6.8 million through the sale of common shares and warrants. The proceeds from this offering are intended for working capital and general corporate purposes, potentially impacting the company’s operational capabilities and market positioning. The offering was facilitated by H.C. Wainwright & Co. and received approval from the TSX Venture Exchange.