DEFSEC Technologies Inc. (TSXV:DFSC)

[Name] Balance Sheet

Financials in millions CAD. Fiscal year is October - September.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	2.95	6.69	0.26	5.41	0.17	2.69
Cash & Short-Term Investments	2.95	6.69	0.26	5.41	0.17	2.69
Cash Growth	-33.07%	2503.47%	-95.25%	3070.43%	-93.66%	-12.55%
Accounts Receivable	2.01	1.35	0.5	0.07	0.12	0.31
Other Receivables	-	0.14	0.07	0.23	0.05	0.39
Receivables	2.01	1.49	0.57	0.3	0.17	0.7
Inventory	0.51	0.52	0.53	0.54	0.39	0.09
Prepaid Expenses	0.52	0.16	0.18	0.56	0.12	0.55
Other Current Assets	0.12	0.08	0.31	0.03	0.66	0.03
Total Current Assets	6.12	8.95	1.84	6.84	1.52	4.06
Property, Plant & Equipment	1.36	1.44	0.54	0.78	1.04	1.17
Other Intangible Assets	2.2	2.39	3.18	4.11	4.75	3.47
Long-Term Deferred Charges	0.12	0.09	0.03	-	-	-
Other Long-Term Assets	0.02	0.05	0.03	0.03	0.02	0.02
Total Assets	9.81	12.92	5.62	11.76	7.32	8.72

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Accounts Payable	2.05	0.41	0.88	0.37	2.29	0.62
Accrued Expenses	0.27	2.1	0.98	1.43	2.32	0.51
Short-Term Debt	-	-	-	-	2.2	-
Current Portion of Leases	0.02	0.19	0.15	0.13	0.07	0.03
Current Unearned Revenue	0.04	0.01	0.12	0.12	0.05	-
Other Current Liabilities	0.15	0.21	0.85	4.34	-	-
Total Current Liabilities	2.52	2.92	2.98	6.38	6.93	1.16
Long-Term Debt	-	-	-	-	0.08	0.05
Long-Term Leases	1.24	1.11	0.16	0.3	0.21	0.28
Other Long-Term Liabilities	0.92	1.09	1.12	1.14	1.12	1.11
Total Liabilities	4.68	5.12	4.25	7.82	8.33	2.59

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Common Stock	47.85	47	37.82	33.38	19.5	17.22
Additional Paid-In Capital	5.4	5.4	5.15	4.77	3.55	2.46
Retained Earnings	-56.39	-52.28	-42.65	-35.22	-25.91	-15.39
Comprehensive Income & Other	8.26	7.68	1.05	1	1.86	1.84
Shareholders' Equity	5.12	7.8	1.37	3.94	-1	6.12
Total Liabilities & Equity	9.81	12.92	5.62	11.76	7.32	8.72

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Total Debt	1.26	1.3	0.3	0.43	2.55	0.36
Net Cash (Debt)	1.69	5.38	-0.05	4.98	-2.38	2.33
Net Cash Growth	-59.93%	-	-	-	-	-5.84%
Net Cash Per Share	1.28	8.82	-1.15	256.11	-	-
Filing Date Shares Outstanding	1.99	1.4	0.08	0.03	0.02	0
Total Common Shares Outstanding	1.99	1.4	0.08	0.03	-	0
Working Capital	3.59	6.03	-1.13	0.46	-5.41	2.9
Book Value Per Share	2.57	5.59	18.20	147.14	-	1838.41
Tangible Book Value	2.92	5.41	-1.81	-0.18	-5.75	2.65
Tangible Book Value Per Share	1.47	3.88	-24.03	-6.69	-	796.40
Machinery	0.74	0.91	0.76	0.7	1.08	0.92
Leasehold Improvements	-	0.13	0.13	0.13	0.14	0.12

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 26, 2026

Data Sources Report a data error