DEFSEC Technologies Inc. (DFSC)

DEFSEC Technologies Balance Sheet

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

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Cash & Equivalents	5.04	6.69	0.26	5.41	0.17	2.69
Cash & Short-Term Investments	5.04	6.69	0.26	5.41	0.17	2.69
Cash Growth	76.49%	2503.47%	-95.25%	3070.43%	-93.66%	-12.55%
Accounts Receivable	1.14	1.35	0.5	0.07	0.12	0.31
Other Receivables	-	0.14	0.07	0.23	0.05	0.39
Receivables	1.14	1.49	0.57	0.3	0.17	0.7
Inventory	0.59	0.52	0.53	0.54	0.39	0.09
Prepaid Expenses	0.66	0.16	0.18	0.56	0.12	0.55
Other Current Assets	0.11	0.08	0.31	0.03	0.66	0.03
Total Current Assets	7.53	8.95	1.84	6.84	1.52	4.06
Property, Plant & Equipment	1.38	1.44	0.54	0.78	1.04	1.17
Other Intangible Assets	2.29	2.39	3.18	4.11	4.75	3.47
Long-Term Deferred Charges	0.11	0.09	0.03	-	-	-
Other Long-Term Assets	0.05	0.05	0.03	0.03	0.02	0.02
Total Assets	11.36	12.92	5.62	11.76	7.32	8.72
Accounts Payable	1.3	0.41	0.88	0.37	2.29	0.62
Accrued Expenses	0.22	2.1	0.98	1.43	2.32	0.51
Short-Term Debt	-	-	-	-	2.2	-
Current Portion of Leases	0.11	0.19	0.15	0.13	0.07	0.03
Current Unearned Revenue	0.03	0.01	0.12	0.12	0.05	-
Other Current Liabilities	0.12	0.21	0.85	4.34	-	-
Total Current Liabilities	1.77	2.92	2.98	6.38	6.93	1.16
Long-Term Debt	-	-	-	-	0.08	0.05
Long-Term Leases	1.19	1.11	0.16	0.3	0.21	0.28
Other Long-Term Liabilities	1.13	1.09	1.12	1.14	1.12	1.11
Total Liabilities	4.09	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	-54.36	-52.28	-42.65	-35.22	-25.91	-15.39
Comprehensive Income & Other	8.38	7.68	1.05	1	1.86	1.84
Shareholders' Equity	7.27	7.8	1.37	3.94	-1	6.12
Total Liabilities & Equity	11.36	12.92	5.62	11.76	7.32	8.72
Total Debt	1.3	1.3	0.3	0.43	2.55	0.36
Net Cash (Debt)	3.74	5.38	-0.05	4.98	-2.38	2.33
Net Cash Growth	44.54%	-	-	-	-	-5.84%
Net Cash Per Share	3.94	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	5.76	6.03	-1.13	0.46	-5.41	2.9
Book Value Per Share	3.64	5.59	18.20	147.14	-	1838.41
Tangible Book Value	4.97	5.41	-1.81	-0.18	-5.75	2.65
Tangible Book Value Per Share	2.49	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

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q