Research analysts covering DEFSEC Technologies.
Recent press releases and 8-K filings for DFSC.
DEFSEC Technologies Inc. Announces Full Year Fiscal 2025 Results and Outlook for Fiscal 2026
DFSC
Earnings
Guidance Update
Revenue Acceleration/Inflection
- DEFSEC Technologies Inc. reported full year fiscal 2025 revenue of $4.9 million, a 229% increase over fiscal 2024, with a gross margin of $1.7 million.
- The company's operating loss for FY2025 was $9.1 million, and it held $6.7 million in cash and cash equivalents as of September 30, 2025.
- For fiscal 2026, DEFSEC anticipates program billings on an annualized go-forward basis for Government programs to grow to approximately $8.8 million as of February 2026, alongside an estimated annualized gross margin of $2.62 million for programmatic work.
- The company also announced receiving its first order for the DEFSEC Lightning TM SaaS and expects its full commercial release in early 2026.
Dec 30, 2025, 3:16 PM
DEFSEC Technologies Announces Significant Increase in Annualized Billings for Government Services
DFSC
Revenue Acceleration/Inflection
New Projects/Investments
Hiring
- DEFSEC Technologies Inc. projects its annualized program billings for government services to increase to approximately CAD$8.3 million starting in February 2026.
- This represents an approximate 704% increase in annualized program billings for government services over FY2024 billings of CAD$1.0 million.
- The company also expects an 845% increase in annualized gross margin contribution from government services, reaching approximately CAD$2.3 million compared to CAD$0.2 million in FY2024.
- This growth is attributed to adding 15 new roles, bringing the total to 39 roles staffed for government services, primarily due to an expanded work scope with the DSEF contract.
Dec 5, 2025, 5:33 PM
DEFSEC Technologies Announces Significant Increase in Government Services Billings
DFSC
Revenue Acceleration/Inflection
Hiring
New Projects/Investments
- DEFSEC Technologies projects its annualized program billings for government services to reach approximately CAD$8.3 million starting February 2026, marking an approximately 704% increase over its Fiscal 2024 programmatic revenue of CAD$1.0 million.
- The company is expanding its revenue-generating headcount to a total of 39 roles commencing February 2026, an increase of 62.5% from the 24 roles previously disclosed.
- This expansion is expected to boost annualized gross margins on programmatic work to approximately CAD$2.3 million, an approximately 845% increase from the FY2024 gross margin of CAD$0.2 million.
- 13 of the 15 additional roles will be subcontracted from ADGA Group Consultants Inc. to support the expanded work scope for the DSEF contract, focusing on digital modernization for the Canadian Armed Forces.
Dec 5, 2025, 12:00 PM
DEFSEC Technologies to Present at ThinkEquity Investor Conference and Provides Corporate Update
DFSC
Guidance Update
Product Launch
New Projects/Investments
- DEFSEC Technologies Inc. will present at The ThinkEquity Conference in New York City on October 30, 2025, and provided a corporate update.
- The company announced a 394% increase in annualized billings from its Canadian Government Defence business over actual Fiscal 2024 billings, with current annualized go-forward billings at approximately CAD$5.1M compared to CAD$1.0M in Fiscal 2024.
- DEFSEC Lightning™, a real-time situational awareness software as a service (SaaS), is ready for customer trials, with initial subscription agreements anticipated before the end of the calendar year.
- ARWEN® product billings for Fiscal 2025 are expected to grow substantially over Fiscal 2024, and prototypes of the Battlefield Laser Detection System (BLDS) have been delivered, with low-rate initial quantities of the next-generation networked version ordered for delivery before year-end 2025.
Oct 29, 2025, 4:06 PM
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