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Liberty Defense Holdings
(SCAN)
Liberty Defense Holdings (SCAN) vs. iShares MSCI Canada ETF (EWC)
Liberty Defense Holdings Business Overview & Revenue Model
Liberty Defense Holdings Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.60M | 2.44M | 1.49M | 0.00 | 0.00 | 0.00 |
| Gross Profit | -1.77M | -1.68M | -1.22M | 0.00 | 0.00 | 0.00 |
| EBITDA | -11.80M | -6.30M | -8.49M | -11.06M | -9.55M | -687.00K |
| Net Income | -12.89M | -8.85M | -9.37M | -12.16M | -12.39M | -1.05M |
Balance Sheet | ||||||
| Total Assets | 6.92M | 7.29M | 5.83M | 6.23M | 6.50M | 442.58K |
| Cash, Cash Equivalents and Short-Term Investments | 640.91K | 1.15M | 963.00 | 677.47K | 1.34M | 24.04K |
| Total Debt | 4.02M | 3.72M | 1.45M | 667.12K | 802.94K | 2.58M |
| Total Liabilities | 8.27M | 8.05M | 6.60M | 2.14M | 1.56M | 3.00M |
| Stockholders Equity | -1.35M | -764.48K | -764.46K | 4.09M | 4.94M | -2.56M |
Cash Flow | ||||||
| Free Cash Flow | -12.06M | -6.59M | -5.76M | -9.78M | -7.49M | -2.62M |
| Operating Cash Flow | -11.80M | -6.47M | -5.54M | -8.86M | -7.21M | -2.62M |
| Investing Cash Flow | -999.35K | -121.22K | -221.09K | -925.48K | -571.83K | -6.27K |
| Financing Cash Flow | 12.94M | 7.78M | 5.07M | 9.30M | 9.27M | 71.70K |
Liberty Defense Holdings Technical Analysis
Liberty Defense Holdings Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
52 Neutral | $303.32M | -5.15 | -48.13% | ― | 26.74% | 53.14% | |
48 Neutral | C$198.75M | -57.01 | ― | ― | -3.41% | -151.98% | |
45 Neutral | C$5.44M | -0.07 | -208.64% | ― | 166.43% | 75.12% | |
39 Underperform | C$17.07M | -0.24 | ― | ― | ― | ― |
Liberty Defense Holdings Corporate Events
Liberty Defense Holdings has closed the second and final tranche of its non-brokered LIFE private placement, issuing 3,943,207 units at C$0.22 each for approximately C$867,505 in proceeds, bringing total funds raised under the offering to about C$2.61 million. Each unit consists of one common share and one warrant exercisable at C$0.30 until January 2027, with a portion of the financing subject to finder fees and additional warrants; the proceeds will be used primarily to ramp up production of the company’s HEXWAVE technology to meet rising demand and fulfill backlog orders as Liberty enters a pivotal commercial growth phase for both its HEXWAVE and HD-AIT product lines, underscoring its effort to strengthen its position in the expanding market for AI-driven security screening solutions.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.20 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has closed the first tranche of a non-brokered private placement under the listed issuer financing exemption, raising approximately $1.75 million through the sale of 7,941,671 units at $0.22 each, with each unit comprising one common share and a warrant exercisable at $0.30 until the end of 2027. The company plans to deploy the proceeds to ramp up production of its HEXWAVE concealed weapons detection system to meet growing demand and fulfill its order backlog, a move that should support its commercialization efforts and strengthen its position in the security screening market as it scales deployments across high-traffic, security-sensitive locations.
The most recent analyst rating on (TSE:SCAN) stock is a Sell with a C$0.23 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings, Ltd. has launched an amended and restated equity financing, offering between 6.82 million and 13.64 million units at $0.22 per unit to raise gross proceeds of approximately $1.5 million to $3 million under a listed issuer financing exemption. Each unit consists of one common share and one warrant exercisable at $0.30 per share for 24 months after closing, with a 10% ownership blocker and an accelerated expiry feature if the share price trades at or above $0.75 for five consecutive days, positioning the structure to provide investors with upside participation while potentially bolstering Liberty’s balance sheet and market liquidity ahead of the expected initial closing around December 23, 2025.
The most recent analyst rating on (TSE:SCAN) stock is a Sell with a C$0.23 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has amended the terms of its previously announced non-brokered private placement under the listed issuer financing exemption, now aiming to raise between approximately C$1.5 million and C$3 million through the issuance of 6,818,182 to 13,636,364 units at C$0.22 per unit, each comprising one common share and one warrant exercisable at C$0.30. The financing, which includes provisions for warrant blockers, potential accelerated warrant expiry, and possible finder’s fees and broker warrants, is intended to fund inventory purchases to scale production of its HEXWAVE security screening units, support investor relations and marketing, and cover operating and general working capital needs, with closing subject to minimum subscription levels and TSX Venture Exchange approval, potentially strengthening Liberty’s production capacity and market positioning in advanced threat-detection solutions.
The most recent analyst rating on (TSE:SCAN) stock is a Sell with a C$0.23 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings announced that the TSA has exercised an option under a previous contract to further develop and certify the HD-AIT wideband upgrade kit, which enhances threat detection capabilities using advanced imaging technology. This development signifies TSA’s commitment to improving checkpoint security and supports Liberty’s efforts to advance next-generation passenger screening, potentially transforming security infrastructure and enhancing the travel experience.
The most recent analyst rating on (TSE:SCAN) stock is a Sell with a C$0.23 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings Ltd. announced amended terms for its private placement offering, aiming to raise between $1.5 million and $3 million through the issuance of units comprising common shares and purchase warrants. The proceeds will be used for the production of HEXWAVE technology units, investor relations, marketing, and general working capital, potentially strengthening Liberty’s market position in the security technology industry.
The most recent analyst rating on (TSE:SCAN) stock is a Sell with a C$0.23 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings Ltd. has announced a non-brokered private placement to raise between C$3.12 million and C$5.2 million through the issuance of up to 20 million units. This financing aims to support the company’s strategic plans and scale operations to meet increasing demand, particularly for its HEXWAVE technology units. The proceeds will also be used for investor relations, marketing, operating expenses, and general working capital. The offering is expected to close by December 19, 2025, subject to certain conditions and approvals.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.24 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has expressed strong support for the Department of Homeland Security’s initiative to modernize the Transportation Security Administration’s infrastructure with a $1 billion investment. This modernization plan highlights the increasing demand for advanced screening technologies, aligning with Liberty Defense’s offerings such as the HEXWAVE system and HD-AIT upgrade kit. The company views this as a significant opportunity to accelerate the adoption of modern screening systems, enhancing security and efficiency at various high-traffic venues.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has announced a strategic partnership with Noble IQ to enhance the deployment and support of its HEXWAVE walkthrough screening system across the United States. This collaboration will leverage Noble IQ’s extensive experience in supporting detection and analytical equipment for military and security clients, ensuring professional installation, training, and 24/7 technical support for Liberty’s customers, which is crucial for the company’s growth strategy and customer satisfaction.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has announced the deployment of its AI-powered HEXWAVE systems at The New Terminal One at JFK International Airport for aviation worker screening. This initiative marks a significant advancement in threat detection technology, enhancing security and streamlining the screening process with fast, contactless detection capabilities. The integration of HEXWAVE at JFK aligns with the TSA’s requirements for advanced screening technologies and represents a transformative step in modernizing security across aviation and other critical infrastructure sectors. The collaboration with K2 Security Screening Group and the Port Authority of New York and New Jersey underscores the commitment to setting new standards in aviation security, contributing to the $19 billion transformation of JFK Airport into a world-class gateway.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings Ltd. has secured a contract to supply three HEXWAVE walkthrough screening systems to a U.S. State Capitol complex in the Northeast, enhancing security for officials, employees, and visitors at two high-traffic government buildings. The HEXWAVE system, which uses active millimeter-wave imaging and AI, was chosen through a competitive tender process and is designed for rapid, contactless, high-throughput screening, integrating with existing security workflows to detect a wide range of concealed threats. This contract win underscores Liberty Defense’s positioning as a key player in modernizing public-sector security screening solutions.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has announced the deployment of its HEXWAVE systems at a major international airport in the U.S. for aviation worker screening. This implementation marks a significant advancement in threat detection technology, offering fast, contactless, and accurate screening capabilities. The HEXWAVE system, which employs AI and advanced imaging, is designed to detect a wide range of threats and is poised to set a new standard in security screening across various sectors, enhancing public safety and operational efficiency.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has expanded its international presence by securing a contract to deploy its HEXWAVE system at a major arena in Bogotá, Colombia. This deployment, in partnership with DASI Electronics, aims to enhance security against non-metallic threats, such as 3D-printed weapons, at large public gatherings. The move is part of Liberty’s strategy to grow its market in Latin America, with potential for broader adoption in the region.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.
Liberty Defense Holdings has announced that its HEXWAVE system has been selected by the Jackson County Detention Center in Missouri for security screening of staff and visitors. This selection underscores the center’s commitment to modern security measures, especially as it faces a rising inmate population and the construction of a new jail. The HEXWAVE system, which uses millimeter wave technology and AI, offers rapid, contactless screening for various threats, enhancing security beyond traditional metal detectors.
The most recent analyst rating on (TSE:SCAN) stock is a Hold with a C$0.50 price target. To see the full list of analyst forecasts on Liberty Defense Holdings stock, see the TSE:SCAN Stock Forecast page.