Financial Snapshot

Revenue
$1.550M
TTM
Gross Margin
-12.98%
TTM
Net Earnings
-$7.520M
TTM
Current Assets
$2.670M
Q2 2024
Current Liabilities
$2.326M
Q2 2024
Current Ratio
114.8%
Q2 2024
Total Assets
$6.742M
Q2 2024
Total Liabilities
$3.595M
Q2 2024
Book Value
$3.147M
Q2 2024
Cash
$1.179M
Q2 2024
P/E
-0.3990
Nov 29, 2024 EST
Free Cash Flow
-$10.16M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019
Revenue $1.234M $720.0K $1.280M $860.0K $510.0K
YoY Change 71.45% -43.75% 48.84% 68.63%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019
Revenue $1.234M $720.0K $1.280M $860.0K $510.0K
Cost Of Revenue $1.426M $540.0K $800.0K $250.0K $90.00K
Gross Profit -191.4K cads 184.8K cads 476.9K cads $610.0K 424.0K cads
Gross Profit Margin -15.5% 25.66% 37.26% 70.93% 83.15%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019
Selling, General & Admin 3.024M cads 3.296M cads 3.484M cads $3.200M 36.68K cads
YoY Change -8.25% -5.39% 8.88% 8623.86%
% of Gross Profit 1783.91% 730.56% 524.59% 8.65%
Research & Development 1.645M cads 2.064M cads 2.138M cads 817.6K cads 1.004M cads
YoY Change -20.34% -3.44% 161.52% -18.54%
% of Gross Profit 1117.25% 448.33% 134.03% 236.7%
Depreciation & Amortization $952.5K $330.0K $140.0K $130.0K $100.0K
YoY Change 188.64% 135.71% 7.69% 30.0%
% of Gross Profit 178.59% 29.36% 21.31% 23.58%
Operating Expenses 4.669M cads 5.361M cads 5.622M cads 817.6K cads 1.040M cads
YoY Change -12.91% -4.65% 587.67% -21.42%
Operating Profit -4.860M cads -5.176M cads -5.145M cads -$207.6K -616.3K cads
YoY Change -6.1% 0.6% 2378.7% -66.32%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019
Interest Expense 723.5K cads 512.0K cads 116.1K cads -$70.00K -$130.0K
YoY Change 41.32% 340.94% -265.88% -46.15%
% of Operating Profit
Other Income/Expense, Net $3.682M -$160.0K $0.00 $10.00K $0.00
YoY Change -2401.18% -100.0%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019
Pretax Income -$9.306M -$10.57M -$9.320M -$3.540M -$1.150M
YoY Change -11.95% 13.41% 163.28% 207.83%
Income Tax $0.00 -$50.00K $0.00
% Of Pretax Income
Net Earnings -9.306M cads -10.50M cads -9.300M cads -$3.540M -1.147M cads
YoY Change -11.37% 12.9% 162.71% 208.56%
Net Earnings / Revenue -753.89% -1458.33% -726.56% -411.63% -224.96%
Basic Earnings Per Share
Diluted Earnings Per Share -$2.28 -$14.41 -$14.79 -$8.03 -$4.61

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019
Cash & Short-Term Investments $170.0K $2.690M $3.070M $20.00K
YoY Change -93.68% -12.38% 15250.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets $780.0K $580.0K $440.0K $50.00K
YoY Change 34.48% 31.82% 780.0%
Inventory $390.0K $90.00K $0.00
Prepaid Expenses
Receivables $120.0K $520.0K $340.0K $160.0K
Other Receivables $50.00K $180.0K $140.0K $60.00K
Total Short-Term Assets $1.520M $4.060M $4.000M $300.0K
YoY Change -62.56% 1.5% 1233.33%
Property, Plant & Equipment $1.040M $1.170M $500.0K $250.0K
YoY Change -11.11% 134.0% 100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $20.00K $20.00K $170.0K $150.0K
YoY Change 0.0% -88.24% 13.33%
Total Long-Term Assets $5.800M $4.660M $1.310M $400.0K
YoY Change 24.46% 255.73% 227.5%
Total Assets $7.320M $8.720M $5.310M $700.0K
YoY Change
Accounts Payable $2.290M $620.0K $490.0K $130.0K
YoY Change 269.35% 26.53% 276.92%
Accrued Expenses $2.320M $510.0K $250.0K $60.00K
YoY Change 354.9% 104.0% 316.67%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $220.0K $290.0K
YoY Change -100.0% -24.14%
Long-Term Debt Due $2.270M $30.00K $80.00K $90.00K
YoY Change 7466.67% -62.5% -11.11%
Total Short-Term Liabilities $6.930M $1.160M $1.120M $600.0K
YoY Change 497.41% 3.57% 86.67%
Long-Term Debt $290.0K $330.0K $310.0K $330.0K
YoY Change -12.12% 6.45% -6.06%
Other Long-Term Liabilities $1.120M $1.110M $0.00
YoY Change 0.9%
Total Long-Term Liabilities $1.410M $1.440M $310.0K $330.0K
YoY Change -2.08% 364.52% -6.06%
Total Liabilities $8.330M $2.590M $1.430M $930.0K
YoY Change 221.62% 81.12% 53.76%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $3.0004 Million

About KWESST Micro Systems Inc.

KWESST Micro Systems, Inc. provides defense and security services. The company is headquartered in Kanata, Ontario and currently employs 28 full-time employees. The company went IPO on 2018-06-15. The firm develops and commercializes tactical systems for military and security forces. Its product development has focused on three market segments, which include non-lethal, digitization and counter threat. Its portfolio of offerings includes digitization of tactical forces for real-time shared situational awareness and targeting information from any source (including drones) streamed directly to users' smart devices and weapons. Its products also include countermeasures against threats, such as electronic detection, lasers and drones. These systems can operate stand-alone or integrate seamlessly with original equipment manufacturers (OEM) products and battlefield management systems, and all come integrated with the Company’s team awareness kit (TAK) application. The company also has a non-lethal product line branded PARA OPS with application across all segments of the non-lethal market, including law enforcement.

Industry: Services-Prepackaged Software Peers: A2Z CUST2MATE SOLUTIONS CORP.