Liberty Defense Holdings, Ltd. (DETX) Income Statement
DETX 2025 at a glance
Fiscal year ended December 31, 2025 · U.S. dollarsDETX revenue and net income
Where DETX's revenue goes
2025Each bar shows an amount and its share of revenue. DETX kept −943.2% of revenue as net income.
DETX profit margins
DETX growth rates
to 2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | −38.6% | — | — | — |
| Gross profit | — | — | — | — |
| Operating income | — | — | — | — |
| Net income | — | — | — | — |
| EPS (diluted) | — | — | — | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
DETX quarterly EPS vs estimates
Next report: November 13, 2026.
DETX income statement
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Revenue | $1.5M | $2.4M | $1.5M | $0 | $0 |
| Cost of revenue | $4.4M | $4.1M | $2.7M | $0 | — |
| Gross profit | −$2.9M | −$1.7M | −$1.2M | $0 | — |
| Research & development | $2.4M | $2.3M | $4.0M | $7.8M | $4.8M |
| Sales, general & admin | $8.2M | $3.5M | $3.9M | $4.4M | $4.9M |
| Total operating expenses | $15.0M | $9.9M | $10.6M | $12.2M | $9.8M |
| Operating income | −$13.5M | −$7.4M | −$9.1M | −$12.2M | −$9.8M |
| Interest income | — | — | — | $0 | $54,934 |
| Interest expense | $691,930 | $808,989 | $283,247 | $53,603 | $48,030 |
| Income before taxes | −$14.1M | −$8.8M | −$9.4M | −$12.2M | −$12.4M |
| Net income | −$14.1M | −$8.8M | −$9.4M | −$12.2M | −$12.4M |
| EBITDA | −$13.2M | −$7.6M | −$8.5M | −$11.0M | — |
| EPS (diluted) | −$7.45 | −$9.19 | −$32.42 | −$59.00 | −$108.57 |
| Gross margin | −195.3% | −68.8% | −81.5% | — | — |
| Operating margin | −898.7% | −304.8% | −610.2% | — | — |
| Net margin | −943.2% | −362.7% | −627.7% | — | — |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $42,202 | $919,421 | $0 | $374,090 | $429,849 | $1.1M | $0 | $1.1M |
| Cost of revenue | $1.2M | $898,331 | $1.1M | $934,650 | $1.0M | $1.3M | $59,768 | $1.9M |
| Gross profit | −$1.2M | $21,090 | −$1.5M | −$560,560 | −$597,798 | −$290,474 | −$318,754 | −$749,228 |
| Research & development | $972,697 | $720,217 | $302,456 | $668,777 | $629,087 | $760,799 | $526,790 | $580,098 |
| Sales, general & admin | $1.3M | $1.9M | $1.9M | $1.4M | $2.3M | $2.6M | $903,033 | $981,117 |
| Total operating expenses | $3.5M | $3.5M | $3.3M | $3.0M | $4.0M | $4.7M | $1.5M | $3.4M |
| Operating income | −$3.5M | −$2.6M | −$3.7M | −$2.6M | −$3.6M | −$3.6M | −$1.7M | −$2.3M |
| Interest expense | $221,278 | $149,974 | $208,032 | $142,966 | $186,508 | $154,424 | $242,723 | $121,055 |
| Income before taxes | −$2.2M | −$2.7M | −$3.8M | −$2.8M | −$3.8M | −$3.8M | −$2.6M | −$2.4M |
| Net income | −$2.2M | −$2.7M | −$3.8M | −$2.8M | −$3.8M | −$3.8M | −$2.6M | −$2.4M |
| EBITDA | −$2.0M | −$2.5M | −$3.6M | −$2.6M | −$3.5M | — | — | — |
| EPS (diluted) | −$0.43 | −$1.38 | — | −$1.90 | −$2.94 | −$3.53 | — | −$5.38 |
| Gross margin | −2,764.5% | 2.3% | — | −149.8% | −139.1% | −27.5% | — | −67.1% |
| Operating margin | −8,258.3% | −279.6% | — | −700.8% | −830.8% | −342.2% | — | −206.9% |
| Net margin | −5,236.2% | −295.7% | — | −740.4% | −874.2% | −358.6% | — | −217.8% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in DETX's financial statements (latest annual report filed —); data from EODHD. Sales, general & administrative expenses include sales and marketing.
DETX financial results
In fiscal year 2025 (ended December 31, 2025), Liberty Defense Holdings, Ltd. reported revenue of $1.5 million, down 38.6% from the year before. It had a net loss of $14.1 million, a net profit margin of −943.2%. Diluted earnings per share came to −$7.45.
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DETX income statement FAQ
What is Liberty Defense Holdings, Ltd.'s annual revenue?
Liberty Defense Holdings, Ltd. reported total revenue of $1.5 million for fiscal year 2025, which ended on December 31, 2025. That was down 38.6% from $2.4 million the previous year.
Is Liberty Defense Holdings, Ltd. profitable?
No. Liberty Defense Holdings, Ltd. reported a net loss of $14.1 million in fiscal 2025, a net profit margin of −943.2%; its operating margin was −898.7%.
What is Liberty Defense Holdings, Ltd.'s gross margin?
Liberty Defense Holdings, Ltd.'s gross margin was −195.3% in fiscal 2025: for every $100 of revenue, Liberty Defense Holdings, Ltd. kept $-195 after the direct cost of its products and services.
How much does Liberty Defense Holdings, Ltd. spend on research and development?
Liberty Defense Holdings, Ltd. spent $2.4 million on research and development in fiscal 2025, 157.6% of revenue.
What are Liberty Defense Holdings, Ltd.'s earnings per share?
Liberty Defense Holdings, Ltd. earned $-7.45 per diluted share in fiscal 2025, compared with $-9.19 a year earlier.
When will Liberty Defense Holdings, Ltd. report its next earnings?
Liberty Defense Holdings, Ltd. is expected to report results for the quarter ending September 30, 2026 on November 13, 2026.
When does Liberty Defense Holdings, Ltd.'s fiscal year end?
Liberty Defense Holdings, Ltd.'s fiscal year ends in December. The latest annual report covers the year ended December 31, 2025.