Defsec Technologies Inc. cash flow statement

In fiscal 2025, Defsec Technologies Inc.'s operations generated −$5.7m of cash; it spent $100,588 on capital projects, leaving free cash flow of −$5.8m.

Cash flow statement

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Defsec Technologies Inc.: cash flow statement, annual
Fiscal year	2020Dec 2019	2021Sept 2021	2022Sept 2022	2023Sept 2023	2024Sept 2024	2025Sept 2025
Cash from operations	−1	−5	−3	−10	−7	−6
Depreciation and amortisation	—	0	0	1	1	1
Stock-based pay	0	2	2	0	0	0
Capital spending	0	1	0	0	0	0
Free cash flow	−1	−6	−3	−11	−7	−6
Free cash flow after stock pay	−1	−8	−5	−11	−7	−6

Free cash flow is cash from operations minus capital spending. Free cash flow after stock pay also subtracts stock-based compensation, a real cost to shareholders that the cash flow statement adds back. Dividends, buybacks and shares issued are cash amounts for the period.

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Figures from Defsec Technologies Inc.'s SEC filings (10-K and 10-Q), retrieved November 1, 2026. How we read and check them: methodology and data sources. Not investment advice. Back to Defsec Technologies Inc.