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Liberty Defense Holdings
(OTC: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 | ||||
| Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|
| Income Statement | Total Revenue | |||
| 2.44M | 1.49M | 0.00 | 0.00 | 0.00 | Gross Profit |
| -1.68M | -1.22M | 0.00 | 0.00 | 0.00 | EBIT |
| -7.43M | -9.11M | -12.06M | -9.71M | -1.22M | EBITDA |
| -6.30M | -8.49M | -11.01M | -9.55M | -687.00K | Net Income Common Stockholders |
| -8.85M | -9.37M | -12.16M | -12.39M | -1.05M |
| Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | |||
| 1.15M | 963.00 | 677.47K | 1.34M | 24.04K | Total Assets |
| 7.29M | 5.83M | 6.23M | 6.50M | 442.58K | Total Debt |
| 3.72M | 1.45M | 667.12K | 802.94K | 2.58M | Net Debt |
| 2.56M | 1.45M | -10.36K | -538.64K | 2.56M | Total Liabilities |
| 8.05M | 6.60M | 2.14M | 1.56M | 3.00M | Stockholders Equity |
| -764.48K | -764.46K | 4.09M | 4.94M | -2.56M |
| Cash Flow | Free Cash Flow | |||
| -6.59M | -5.76M | -9.78M | -7.49M | -2.62M | Operating Cash Flow |
| -6.47M | -5.54M | -8.86M | -7.21M | -2.62M | Investing Cash Flow |
| -121.22K | -221.09K | -925.48K | -571.83K | -6.27K | Financing Cash Flow |
| 7.78M | 5.07M | 9.30M | 9.27M | 2.10M |
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 |
|---|---|---|---|---|---|---|---|
75 Outperform | C$373.95M | 121.38 | 7.90% | ― | 55.96% | 53.54% | |
70 Outperform | C$22.84M | 25.63 | 5.22% | ― | 12.31% | ― | |
70 Neutral | $43.57M | 119.71 | -0.37% | 5.04% | -0.76% | -143.20% | |
69 Neutral | C$76.11M | 144.83 | -12.44% | ― | -4.94% | -145.86% | |
66 Neutral | $4.46B | 12.11 | 5.38% | 5.02% | 4.17% | -11.82% | |
50 Neutral | C$22.92M | ― | -26.97% | ― | 37.38% | -41.34% | |
39 Underperform | $12.47M | ― | 216.65% | ― | 113.56% | 31.13% |
Liberty Defense Holdings Corporate Events
Liberty Defense Holdings has announced that its HEXWAVE system has been selected by a US International Airport to screen aviation workers, aligning with the new TSA mandate for employee screening. This selection, made after a competitive tender process, highlights HEXWAVE’s advanced capabilities in detecting both metallic and non-metallic threats, positioning Liberty Defense as a key player in enhancing airport security nationwide.
Liberty Defense Holdings announced its participation in the Lytham Partners Investor Conference, where CEO Bill Frain will engage with institutional investors and present the company’s advancements. The company will also showcase its HEXWAVE scanning technology at the upcoming American Association of Airport Executives event, highlighting its effectiveness in meeting TSA’s upcoming regulatory requirements for airport employee screening. Additionally, Liberty has engaged Native Ads for a comprehensive digital media advertising campaign to enhance its market presence.
Liberty Defense Holdings has announced the appointment of David S. Kris to its newly formed Strategic Advisory Board. Kris, with his extensive background in national security and law, is expected to guide the company in scaling its technology globally. His appointment is seen as a strategic move to enhance Liberty’s positioning in the security industry, leveraging his expertise to improve public safety and efficiency in threat detection.
Liberty Defense Holdings has successfully completed third-party testing of its HEXWAVE detection system at a major U.S. airport, conducted by the National Safe Skies Alliance. This evaluation underlines HEXWAVE’s capability to detect both metallic and non-metallic threats, aligning with TSA’s screening mandates. The system’s flexibility and mobility allow for efficient deployment across various airport access points, potentially reducing capital expenditures and enhancing security operations.
Liberty Defense Holdings has appointed James M. Byrne, a former Deputy Secretary of Veterans Affairs and current Vice President at Lockheed Martin, to its newly formed Strategic Advisory Board. This move is expected to enhance the company’s efforts to scale its security technology globally, with support from major establishments like MIT and the TSA. The appointment is seen as a strategic step to bolster Liberty’s mission to enhance security and convenience at various public venues, reflecting the growing societal need for advanced threat detection solutions.
Liberty Defense Holdings is poised to benefit from the proposed $1 trillion U.S. defense budget, which underscores the need for advanced security measures in response to escalating threats. The company has strengthened its business development team by hiring Michael Iarrobino, a former U.S. Air Force Master Sergeant, to capitalize on the anticipated increase in defense spending, particularly in aviation worker screening and urban security.
Liberty Defense Holdings has announced the sale of its HEXWAVE system to a new channel sales partner in Brazil, marking its second sale in the region. This expansion into the Latin American market highlights the growing demand for advanced security solutions to detect non-metallic threats. Additionally, Liberty Defense is extending its marketing agreement with Senergy Communications and has entered into a corporate awareness agreement with Quantum Ventures to enhance its investor outreach and media presence. These strategic moves aim to bolster the company’s market positioning and stakeholder engagement.
Liberty Defense Holdings has successfully delivered nine HEXWAVE units in the first quarter of 2025, fulfilling commitments to courthouses, U.S. airports, and distributor networks. The company is ramping up production to meet a growing backlog and anticipated demand, particularly in the aviation sector. The HEXWAVE system, which employs advanced technology to detect concealed threats, is expected to be largely unaffected by recent U.S. tariffs, underscoring its domestic manufacturing strength.
Liberty Defense Holdings has announced the appointment of Mary Beth Long, former Assistant Secretary of Defense, to its newly formed Strategic Advisory Board. This move is expected to bolster Liberty Defense’s efforts in scaling its advanced security technologies globally, particularly in addressing emerging threats like 3D-printed firearms. Long’s extensive experience in defense and security is anticipated to enhance the company’s strategic direction and global reach, reinforcing its position as a leader in security and detection solutions.
Liberty Defense Holdings Ltd. announced that its warrants, issued in connection with a recent public offering, will start trading on the TSX Venture Exchange on April 2, 2025. This move follows the completion of a $1.65 million unit prospectus offering, with each warrant allowing the purchase of one common share at $2.05 until March 2027. This development is expected to enhance Liberty’s market presence and provide stakeholders with new investment opportunities.
Liberty Defense Holdings has entered into a strategic distribution agreement with Point Security Inc. to introduce its HEXWAVE system to U.S. airports and urban security markets. This partnership aims to enhance Point Security’s offerings with advanced threat detection capabilities, potentially expanding Liberty Defense’s market reach and revenue growth.
Liberty Defense Holdings Ltd. has successfully closed a public offering of 3,031,000 units, raising $5,001,150 to fund business development, marketing expansion, and product innovation. This funding is expected to drive the company’s growth and enhance its market positioning in the security solutions industry, with a focus on optimizing manufacturing and supply chain operations.