How does KWE's PS Ratio compare to its peers?

KWE is good value based on its Price-To-Sales Ratio (1.7x) compared to the peer average (14.4x).

How does KWE's PS Ratio compare vs other companies in the North American Aerospace & Defense Industry?

KWE is good value based on its Price-To-Sales Ratio (1.7x) compared to the North American Aerospace & Defense industry average (2.5x).

What is KWE's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate KWE's Price-To-Sales Fair Ratio for valuation analysis.

What is the Fair Price of KWE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Insufficient data to calculate KWE's fair value for valuation analysis.

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

KWESST Micro Systems (TSXV:KWE) - Stock Price, News & Analysis

KWE Stock Overview

Engages in the development and commercialization of tactical systems and ammunitions for military, public safety agencies, and personal defense markets. More details

KWE fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	6/6
Dividends	0/6

Risk Analysis

Earnings have declined by 20.6% per year over past 5 years

Shareholders have been substantially diluted in the past year

Does not have a meaningful market cap (CA$3M)

Highly volatile share price over the past 3 months compared to the Canadian market

+ 1 more risk

KWESST Micro Systems Inc. Competitors

Star Navigation Systems Group

CNSX:SNA

CA$6.4m

Mission Ready Solutions

TSXV:MRS.H

CA$7.5m

FLYHT Aerospace Solutions

TSXV:FLY

CA$12.7m

Draganfly

CNSX:DPRO

CA$31.8m

Price History & Performance

Summary of all time highs, changes and price drops for KWESST Micro Systems
Historical stock prices
Current Share Price	CA$1.14
52 Week High	CA$21.40
52 Week Low	CA$0.76
Beta	0.37
11 Month Change	-13.64%
3 Month Change	-38.38%
1 Year Change	-92.35%
33 Year Change	-99.91%
5 Year Change	n/a
Change since IPO	-99.81%

Recent updates

Shareholder Returns

	KWE	CA Aerospace & Defense	CA Market
7D	6.5%	-0.08%	0.8%
1Y	-92.3%	35.7%	22.3%

Return vs Industry: KWE underperformed the Canadian Aerospace & Defense industry which returned 35.7% over the past year.

Return vs Market: KWE underperformed the Canadian Market which returned 22.3% over the past year.

Price Volatility

Is KWE's price volatile compared to industry and market?
KWE volatility
KWE Average Weekly Movement	38.7%
Aerospace & Defense Industry Average Movement	4.9%
Market Average Movement	8.3%
10% most volatile stocks in CA Market	17.6%
10% least volatile stocks in CA Market	3.0%

Stable Share Price: KWE's share price has been volatile over the past 3 months compared to the Canadian market.

Volatility Over Time: KWE's weekly volatility has increased from 32% to 39% over the past year.

About the Company

Founded	Employees	CEO	Website
2017	n/a	Sean Homuth	www.kwesst.com

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.

KWESST Micro Systems Inc. Fundamentals Summary

How do KWESST Micro Systems's earnings and revenue compare to its market cap?
KWE fundamental statistics
Market cap	CA$2.62m
Earnings (TTM)	-CA$7.52m
Revenue (TTM)	CA$1.55m

1.7x

P/S Ratio

-0.3x

P/E Ratio

Is KWE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
KWE income statement (TTM)
Revenue	CA$1.55m
Cost of Revenue	CA$1.76m
Gross Profit	-CA$209.50k
Other Expenses	CA$7.31m
Earnings	-CA$7.52m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-3.27
Gross Margin	-13.52%
Net Profit Margin	-485.21%
Debt/Equity Ratio	0%

How did KWE perform over the long term?

See historical performance and comparison

KWE Stock Overview

Risk Analysis

KWESST Micro Systems Inc. Competitors

CNSX:SNA

CA$6.4m

TSXV:MRS.H

CA$7.5m

TSXV:FLY

CA$12.7m

CNSX:DPRO

CA$31.8m

Price History & Performance

Recent News & Updates

KWESST Micro Systems Inc. announced that it has received CAD 3.415645 million in funding

KWESST Micro Systems Inc. has completed a Follow-on Equity Offering in the amount of $3.496291 million.

KWESST Micro Systems Inc. Announces Completion of Volume Production Ramp-Up for Arwen Cartridges Through Outsourcing with Ammunition

Third quarter 2024 earnings released: CA$0.13 loss per share (vs CA$0.81 loss in 3Q 2023)

KWESST Micro Systems Inc. has withdrawn its Follow-on Equity Offering.

KWESST Micro Systems Inc. has completed a Follow-on Equity Offering in the amount of $0.943 million.

Recent updates

KWESST Micro Systems Inc. announced that it has received CAD 3.415645 million in funding

KWESST Micro Systems Inc. has completed a Follow-on Equity Offering in the amount of $3.496291 million.

KWESST Micro Systems Inc. Announces Completion of Volume Production Ramp-Up for Arwen Cartridges Through Outsourcing with Ammunition

Third quarter 2024 earnings released: CA$0.13 loss per share (vs CA$0.81 loss in 3Q 2023)

KWESST Micro Systems Inc. has withdrawn its Follow-on Equity Offering.

KWESST Micro Systems Inc. has completed a Follow-on Equity Offering in the amount of $0.943 million.

KWESST Micro Systems Inc. has filed a Follow-on Equity Offering in the amount of $0.943 million.

KWESST Micro Systems Inc. has filed a Follow-on Equity Offering in the amount of $0.943 million.

KWESST Micro Systems Inc. has completed a Follow-on Equity Offering in the amount of $1.682 million.

KWESST Micro Systems Inc. has filed a Follow-on Equity Offering.

KWESST Micro Systems Inc. Receives Nasdaq Notification Regarding Minimum Bid Price Deficiency

Second quarter 2024 earnings released: CA$0.61 loss per share (vs CA$0.29 loss in 2Q 2023)

KWESST Micro Systems Inc. has filed a Follow-on Equity Offering.

KWESST Micro Systems Inc., Annual General Meeting, Jun 28, 2024

New major risk - Shareholder dilution

KWESST Micro Systems Inc. has completed a Follow-on Equity Offering.

KWESST Micro Systems Inc. has filed a Follow-on Equity Offering.

New major risk - Share price stability

Full year 2023 earnings: EPS and revenues exceed analyst expectations

KWESST Micro Systems Inc. Announces Non-Lethal PARA OPS and Arwen Products to Purchase On-Line

KWESST Micro Systems Inc. Appoints General (Retired) Rick Hillier to Its Baord

KWESST Micro Systems Inc Announces Executive Changes

KWESST Micro Systems Inc. Announces the Retirement of Jeff Macleod as CEO, Effective October 31, 2023

KWESST Micro Systems Inc. Develops Patent-Pending SaaS Product for Public Safety Agencies

Insufficient new directors

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

KWESST Micro Systems Inc. Files Patent for Next-Generation Laser Detection, Makes Core Module Available To OEMs

KWESST Micro Systems Inc. announced that it has received CAD 7.36784 million in funding

New major risk - Market cap size

Kwesst Micro Systems Inc. Appoints Sean Homuth as Chief Financial Officer

Second quarter 2023 earnings released: CA$0.29 loss per share (vs CA$3.22 loss in 2Q 2022)

Full year 2022 earnings: EPS and revenues miss analyst expectations

KWESST Micro Systems Inc., Annual General Meeting, Mar 31, 2023

KWESST Micro Systems Inc. has completed an IPO in the amount of $24.184845 million.

KWESST Micro Systems Inc. has completed a Composite Units Offering.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

KWESST Micro Systems Inc. announced that it has received CAD 0.344 million in funding

Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

KWESST Micro Systems Inc. Announces Executive Changes

Price target decreased to CA$3.66

First quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Executive Chairman exercised options to buy CA$67k worth of stock.

KWESST Micro Systems Inc. (TSXV:KWE) completed the acquisition of Police Ordnance Company Inc. from Carson Corporation, 2249817 Ontario Limited, Greg Sullivan, Glen Turpin, Mark Minicola, Justin Myers, John McNeil and Bryan Berkman.

KWESST Micro Systems Inc. (TSXV:KWE) agreed to acquire Police Ordnance Company Inc.

Full year 2021 earnings: Revenues miss analyst expectations

High number of new and inexperienced directors

KWESST Micro Systems Inc. announced that it has received CAD 4.420071 million in funding

KWESST Micro Systems Inc. announced that it expects to receive CAD 2.5 million in funding

Elisabeth Preston Joins KWESST MICRO SYSTEMS Inc.'s Board of Directors

New 90-day high: CA$1.94

New 90-day high: CA$1.35

New 90-day high: CA$1.02

KWESST Electronic Decoy Patent Receives Notice of Allowance from U.S. Patent Office

KWESST Micro Systems Inc. Completes First Phase of Contract Delivery For TASCS to U.S. Military Customer

Shareholder Returns

Price Volatility

About the Company

KWESST Micro Systems Inc. Fundamentals Summary

1.7x

-0.3x