DFNS · T3 Defense Inc.
The latest filing states the doubt was alleviated.
“Absent any other action, the Company will require additional liquidity to continue its operations for the next 12 months. After evaluating these conditions, management concluded that its plans, when considered in aggregate, alleviate substantial doubt about the Company’s ability to continue as a going concern.”View the 10-Q filed May 20, 2026
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| — | — | $5.91M | $21.3M | — | — | — | — | |
| — | — | — | $17.43M | — | — | — | — | |
| — | — | $4.91M | $21.64M | — | — | — | — | |
| — | — | $998.52K | -$343.14K | — | — | — | — | |
| — | — | 16.89% | -1.61% | — | — | — | — | |
| — | $28.08M | — | — | — | — | — | — | |
| — | — | $13.81K | $2.38M | — | — | — | — | |
| — | — | — | $273.71K | — | — | — | — | |
| $35.28M | $32.6M | $15.18M | $17.12M | — | — | — | — | |
| -$34.9M | -$32.6M | -$14.18M | -$17.46M | -$1.2M | -$670.92K | -$148.01K | -$20.66K | |
| — | — | -239.76% | -82% | — | — | — | — | |
| — | — | — | -$17.19M | — | — | — | — | |
| $343.42K | $154K | $343.33K | $1776 | — | — | — | — | |
| — | — | — | — | — | — | $3060 | — | |
| -$17.84M | $109.21M | $5.66M | $34.79K | $234.79K | $71.79K | -$169.73K | — | |
| — | — | — | -$689.26K | — | — | — | — | |
| -$52.74M | $76.61M | — | -$17.43M | — | — | — | — | |
| — | $9000 | — | — | — | — | — | — | |
| -$51.56M | $78.55M | -$8.52M | -$17.43M | -$967.61K | -$599.13K | -$317.74K | -$20.66K | |
| — | — | -144.05% | -81.83% | — | — | — | — | |
| — | $82K | — | — | — | — | — | — | |
| — | $68.63M | — | — | — | — | — | — | |
| -$51.35M | $78.58M | -$8.7M | -$17.45M | — | — | — | — | |
| USD/shares | — | $1,056.25 | -$616.25 | -$1,730.00 | -$150.00 | -$71.43 | — | — |
| USD/shares | — | $995.00 | -$616.25 | -$1,730.00 | -$150.00 | -$71.43 | — | — |
| shares | — | 66.91K | 13.83K | 10.07K | 6490.7108 | 8555.4 | 5176.4356 | 787.878 |
| shares | — | 74K | 13.83K | 10.07K | 6490.7108 | 8555.4 | 5176.4356 | 787.878 |
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 46 similar-size Aerospace & Defense companies (of 86 listed).
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2023 | FY2022 |
|---|---|---|
| General Support Services | $19,200,000 | $19,200,000 |
| Financial Services | $2,097,642 | $2,313,474 |
By Geography (USD)
| Component | FY2024 | FY2023 |
|---|---|---|
| Malta | $4,800,000 | $19,200,000 |
| Rest of the World | $1,113,461 | $2,097,642 |
By Product & Service (USD)
| Component | FY2024 | FY2023 | FY2022 |
|---|---|---|---|
| General Services Agreement | $4,800,000 | $1,341,000 | — |
| General Support Services | $4,800,000 | $19,200,000 | $19,200,000 |
| Financial Service | $1,113,461 | $2,097,642 | $2,313,474 |