Hi there,
SO KWE is a tech company that operates in a niche market and specializes in tactical defense and security. Company seems to be growing at a pretty decent clip, but the company refiled its statements last year so I can't tell if YoY is directly comparable. The company claims the total addressable market in the "hundreds of millions of dollars in each niche market addressed by KWESST". Whether or not this claim is true, not sure but if so - it has plenty of room to grown considering it generated less than a million in the first nine months of the year. Worth noting it is burning through considerable cash and unless it starts to ramp up contracts, it will likely need to go to market for more financing in the second half of the year (maybe sooner if its share price is strong) to keep operations going.
As of end of 2020, it had a pipeline of opportunities of $93M. If it even captures 5% of that, it will have grown considerably YoY. The problem is, the company doesn't have much of a track record to speak of so it is hard to gage whether or note those opportunities will turn into firm sales and revenue.
Overall, I'd say it is a company that has potential but still has lots to prove and carries a high risk profile.
Mat