DEFSEC Technologies Balance Sheet

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

Millions CAD. Fiscal year is Oct - Sep.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 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
Accounts Payable	2.07	0.41	0.88	0.37	2.29	0.62
Accrued Expenses	0.25	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
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
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	1.22	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	-	0.91	0.76	0.7	1.08	0.92
Leasehold Improvements	-	0.13	0.13	0.13	0.14	0.12