KWESST Micro Systems Inc. (KWE)

NASDAQ: KWE · IEX Real-Time Price · USD
0.402
-0.036 (-8.22%)
At close: Jul 2, 2024, 4:00 PM
0.411
+0.008 (2.11%)
After-hours: Jul 2, 2024, 7:59 PM EDT
-8.22%
Market Cap 1.64M
Revenue (ttm) 1.01M
Net Income (ttm) -7.21M
Shares Out 4.07M
EPS (ttm) -1.27
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 644,944
Open 0.433
Previous Close 0.438
Day's Range 0.400 - 0.433
52-Week Range 0.303 - 3.180
Beta 0.72
Analysts n/a
Price Target n/a
Earnings Date Aug 13, 2024

About KWE

KWESST Micro Systems Inc. engages in the development and commercialization of tactical systems and ammunitions for military, public safety agencies, and personal defense markets. The company non-lethal products, including PARA OPS devices and ARWEN products. KWESST Micro Systems Inc. was incorporated in 2017 and is headquartered in Ottawa, Canada. [Read more]

Sector Industrials
Founded 2017
Employees 17
Stock Exchange NASDAQ
Ticker Symbol KWE
Full Company Profile

Financial Performance

In 2023, KWE's revenue was 1.23 million, an increase of 71.09% compared to the previous year's 721,519. Losses were -9.31 million, -11.54% less than in 2022.

Financial numbers in CAD Financial Statements

News

KWESST Micro Systems Inc. Announces Pricing of United States Public Offering

Ottawa, Ontario--(Newsfile Corp. - June 12, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company"), today announced the pricing of its...

20 days ago - Newsfile Corp

KWESST Micro Systems Inc. Announces Proposed United States Public Offering

Ottawa, Ontario--(Newsfile Corp. - June 12, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company") today announced that it intends to ...

20 days ago - Newsfile Corp

KWESST Secures Contract Valued at up to $48M for Software Development Services with Thales Canada to Support Canadian Army Digital Modernization

Ottawa, Ontario--(Newsfile Corp. - June 10, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW); ("KWESST" or the "Company") today reported that it has been aw...

22 days ago - Newsfile Corp

KWESST Announces Change of Auditors

Ottawa, Ontario--(Newsfile Corp. - May 23, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or "the Company") announces today the appointment of M...

5 weeks ago - Newsfile Corp

KWESST Receives NASDAQ Notification Regarding Minimum Bid Price Deficiency

Ottawa, Ontario--(Newsfile Corp. - May 20, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company"), announced today that the Company re...

6 weeks ago - Newsfile Corp

KWESST Provides Update Regarding Auditor Change

Ottawa, Ontario--(Newsfile Corp. - May 20, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company"), wishes to advise that KPMG LLP, Cha...

6 weeks ago - Newsfile Corp

KWESST Awarded Contract to Pilot Situational Awareness App for Canadian Red Cross, Company to Present KWESST Lightning(TM) to Canadian Association of Chiefs of Police

KWESST Lightning TM SaaS app to be incorporated into pilot project in support of Red Cross disaster relief operations KWESST to present Lightning TM app at Canadian Association of Chiefs of Police Ott...

6 weeks ago - Newsfile Corp

KWESST Micro Systems Announces Q2 2024 Financial Results

Ottawa, Ontario--(Newsfile Corp. - May 16, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) (FSE: 62UA) ("KWESST" or the "Company") is pleased to announce t...

6 weeks ago - Newsfile Corp

KWESST Provides Corporate Update Ahead of Fiscal Q2 2024 Results

Up to $75M in stable revenue visibility from military digitization contracts through 2028 MOU signed with University of Ottawa to hire software coding graduates KWESST working with large Canadian poli...

2 months ago - Newsfile Corp

KWESST Micro Systems Inc. Announces Closing of United States Public Offering

Ottawa, Ontario--(Newsfile Corp. - April 9, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (NASDAQ: KWESW) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" or the "Company"), today announced the closing of its...

3 months ago - Newsfile Corp

KWESST Updates Investors On Business Ramp-Up In Fiscal Q2, Outlook For Q3

ARWEN orders, backlog continue to grow following reorganization Outlook on military digitization revenue strengthens Ottawa, Ontario--(Newsfile Corp. - March 21, 2024) - KWESST Micro Systems Inc. (NAS...

3 months ago - Newsfile Corp

KWESST Demonstrates PARA OPS To Southern California Agencies

Growing traction with certain agencies for PARA OPS and new 40mm ARWEN cartridge KWESST invited by the Los Angeles Police Department to showcase products to more than 100 law enforcement agencies at i...

4 months ago - Newsfile Corp

KWESST Awarded Contract From Ontario Provincial Police

KWESST to provide TAK based training and certification to key users Ottawa, Ontario--(Newsfile Corp. - March 8, 2024) - KWESST Micro Systems Inc. (NASDAQ: KWE) (TSXV: KWE) (TSXV: KWE.WT.U) ("KWESST" o...

4 months ago - Newsfile Corp

KWESST Signs Agreement for Distribution of PARA OPS Products in Canada

Distribution to the Canadian consumer market to include variant for sports events and animal training Agreement contemplates initial stocking order Also includes outsourced shipping and handling of PA...

4 months ago - Newsfile Corp

KWESST Micro Systems Announces Q1 2024 Financial Results and Provides Corporate Update

Ottawa, Ontario--(Newsfile Corp. - February 15, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) ("KWESST" or the "Company") is pleased to announce the highlights of its fi...

4 months ago - Newsfile Corp

KWESST Invited To Showcase Its Public Safety Products To Elite Special Intervention Units At Spring 2024 Event

Briefings and demonstrations to feature PARA OPS, ARWEN, Lightning and T-SAS Ottawa, Ontario--(Newsfile Corp. - February 12, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE...

5 months ago - Newsfile Corp

KWESST Reports On SHOT Show 2024

Live-fire demonstration of new 40mm ARWEN cartridge and PARA OPS products at industry Range Day Initial orders from law enforcement agencies for 40mm cartridge and follow-on demonstrations of PARA OPS...

5 months ago - Newsfile Corp

Dave Ibbetson Joins KWESST as Strategic Advisor

Former General Manager of General Dynamics Mission Systems International to Provide Strategic Defence Advisory to KWESST Ottawa, Ontario--(Newsfile Corp. - February 2, 2024) - KWESST Micro Systems Inc...

5 months ago - Newsfile Corp

KWESST Micro Systems Announces Fiscal 2023 Financial Results

Ottawa, Ontario--(Newsfile Corp. - January 18, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company") is pleased to announce the highl...

5 months ago - Newsfile Corp

KWESST Provides Bi-Weekly MCTO Status Update

Ottawa, Ontario--(Newsfile Corp. - January 12, 2024) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company") today provides a bi-weekly defau...

6 months ago - Newsfile Corp

KWESST Announces Delay in Filing Year-End Reporting Documents

Ottawa, Ontario--(Newsfile Corp. - December 22, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) (NASDAQ: KWE) (NASDAQ: KWESW) ("KWESST" or the "Company") announces today that it intends...

6 months ago - Newsfile Corp

KWESST e-Commerce Site For Public Safety Munitions Products To Open Monday December 18, 2023

PARA OPS and ARWEN products to be available for sale on-line to law enforcement agencies and will be featured at the 2024 SHOT Show, Las Vegas, January 23-26 Ottawa, Ontario--(Newsfile Corp. - Decembe...

7 months ago - Newsfile Corp

General (Retired) Rick Hillier Joins KWESST Board

Former Canadian Chief of Defence Staff to Chair Strategic Planning Committee of the Board Ottawa, Ontario--(Newsfile Corp. - December 6, 2023) - KWESST Micro Systems Inc. (TSXV: KWE) (TSXV: KWE.WT.U) ...

7 months ago - Newsfile Corp

KWESST Announces New Chief Executive Officer (CEO)

Board promotes Sean Homuth, from CFO to President and CEO Kris Denis, CPA, Corporate Controller, named Chief Compliance Officer and Interim CFO Ottawa, Ontario--(Newsfile Corp. - November 27, 2023) - ...

7 months ago - Newsfile Corp

KWESST Reports On ARWEN Growth Plan

Re-organizing cross-border U.S. - Canada facilities New 40mm cartridge for third-party riot control launchers PARA OPS products to be bundled with ARWEN sales to law enforcement Ottawa, Ontario--(News...

8 months ago - Newsfile Corp