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Kwesst Micro Systems Inc V.KWE

Alternate Symbol(s):  KWE | V.KWE.WT.U

KWESST Micro Systems Inc develops and commercializes next-generation tactical systems. The company offers breakthrough technology in non-lethal systems with broad application, including law enforcement and personal defence, modernized digitization of tactical forces for shared situational awareness and targeting, and counter-measures against threats such as drones, lasers and electronic detection.


TSXV:KWE - Post by User

Comment by TMEvanson Dec 27, 2020 1:28pm
339 Views
Post# 32185425

RE:RE:Question about financials

RE:RE:Question about financials Not sure what your angle is here, or if you really are looking for enlightenment, but if you look at the consolidated pro forma capitalization in Appendix I of the Filing Statement, filed in Early September, you'd see that at that time their net working capital was close to $5 million.  They've no doubt spent some money in the interim, but they have also received some new orders, which presumably came with deposits, so I'd be confident suggesting that they have a healthy enough working capital surplus to see them through for a while.  It may well be that they will raise money again before they become cashflow positive, but there's no sign they are desperate - I would not expect anything imminent, and would assume they would not dilute current shareholders without seeing some material price appreciation from here first.


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