DEFENSE TECHNOLOGIES INTERNATIONAL CORP.

DTIIdata completeness 75%15 fiscal years on file

Data notes: no data for concept 'capex'; no data for concept 'totalDebt'

i. The business — what you’d actually own

Figure	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025
Revenue	$13,230¹	$0²	$0³	$49,012⁴	$0⁴
Net income	−$1.8M⁵	−$675,624⁶	−$2.63M⁷	−$575,766⁸	−$942,295⁸
Operating cash flow	−$363,207⁹	−$285,215¹⁰	−$109,607¹¹	−$16,503¹²	−$390,520¹²
Capital expenditure	—	—	—	—	—
Free cash flow (derived)	—	—	—	—	—
Total debt	—	—	—	—	—
Cash & equivalents	$44,209¹³	$5,761¹³	$804¹⁴	$171¹⁴	$1,493¹⁴
Diluted shares	88,682	299,712	1.8M	5.6M	28.8M

Superscripts are receipts. Each links to the SEC filing the number came from (full list at the bottom).

ii. Your slice — ownership made literal

If you owned

Net assets behind them

−$0.59

your share of equity

Profit it earned you last year

−$0.33

Free cash flow it threw off

—

Debt you’d be carrying

—

10 shares is a claim on −$0.59 of net worth that earned you −$0.33 last year.

iii. Is this a good business?

Moat signal · return on equity

— avg · 5y

Not enough data in the filings for a return-on-capital reading.

Management signal · capital allocation

+32399% shares · 5y

Share count is up 32399% over 5 years — owners have been diluted. Worth asking what they got for it.

Signals, not verdicts — read from the filings above. Numbers don’t prove a moat; they show its footprint. You decide.

iv. What it’s worth — engine v0.1.0

DCF · Growth Exit 10Y

not applicable

only 0 years of FCF (need ≥3) — model not applicable

DCF · Growth Exit 5Y

not applicable

only 0 years of FCF (need ≥3) — model not applicable

Earnings Power Value

not applicable

normalized (5y-median) earnings non-positive — EPV undefined

Graham Number

not applicable

diluted EPS missing or non-positive — Graham Number undefined

Different models answer different questions — which to trust when →

Sources — the receipts