Mission Ready Solutions Inc.

Mission Ready Solutions Inc.

MSNVF
Mission Ready Solutions Inc.US flagOther OTC
0.00
USD
- -
- -
193,995.00Market Cap
2012 Y
2012 Y
2013 Y
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
TTM
Revenue per Share
- -
0.12
- -
0.12
0.11
0.15
0.06
0.04
0.02
0.13
0.56
0.47
0.03
0.03
Basic EPS, GAAP
-0.04
-0.06
-0.03
-0.12
-0.12
-0.02
-0.05
-0.07
-0.04
-0.05
-0.01
- -
-0.11
-0.11
Free Cash Flow per Basic Share
-0.03
-0.08
-0.04
-0.06
-0.1
-0.02
-0.01
-0.05
-0.02
-0.03
0.02
-0.01
-0.01
-0.01
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.13
0.14
-0.12
0.05
0.05
0.05
-0.17
- -
-0.03
- -
- -
0.01
-0.09
-0.09
Tangible Book Value per Share
0.16
-0.03
0.08
-0.03
0.03
0.03
-0.01
0.03
-0.01
-0.08
-0.07
-0.04
-0.05
-0.05
Basic Weighted Avg Shares
3
17
3
25
39
57
78
91
128
160
189
196
203
207
Sales/Revenue/Turnover
- -
2
- -
3
4
9
4
3
3
21
105
92
6
5
Operating Margin (%)
- -
-48.09
- -
-82.77
-90.95
-12.55
-66.44
-167.12
-151.04
-20.94
-0.88
-1.1
-97.48
-87.82
Depreciation Expense
- -
- -
- -
1
1
1
1
- -
- -
- -
- -
- -
1
1
Net Income, GAAP
- -
-1
- -
-3
-5
-1
-4
-6
-5
-7
-1
-1
-23
-24
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
215.87
- -
- -
Profit Margin (%)
- -
-49.02
- -
-105.87
-105.13
-14.34
-80.75
-177.35
-157.87
-35.09
-1.28
-0.81
-407.47
-434.56
Working Capital
- -
-1
- -
- -
- -
1
-1
2
-2
-12
-14
7
-8
-8
LT Debt
- -
- -
- -
1
- -
- -
- -
- -
- -
2
1
15
2
2
Total Equity
- -
2
- -
2
3
4
1
4
- -
6
7
11
-9
-10
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
5.73
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-9.18
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
-294.19
-54.77
- -
- -
- -
- -
-1,202.5
-55.81
- -
-333.8

Capital Structure

FRC

in mil. unless spec.
Sep'22
Dec'22
Mar'23
ST Debt
2
7
8
LT Borrowings
9
2
2
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
203
214
216
Market Capitalization
23
16
19

Working Capital

FRC

in mil. unless spec.
Sep'22
Dec'22
Mar'23
Total Current Assets
3
2
1
Cash, Cash Equivalents & STI
2
- -
- -
Accounts Receivable, Net
- -
1
- -
Inventories
1
- -
- -
Total Current Liabilities
4
9
10
Payables & Accruals
2
2
2
ST Debt
2
7
8
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
235.55%
302.78%
-180.17%
Free Cash Flow
112.97%
-50.67%
59.53%
Net Income, GAAP
549.8%
566.15%
2,925.54%
Sales/Revenue/Turnover
- -
173.13%
-94%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
67
12
6
7
92
2022
1
2
1
1
6
2023
1
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
0.03
-0.02
-0.01
- -
- -
2022
- -
-0.01
-0.01
- -
-0.11
2023
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Buck L. Marshall
Full Time Employees
6
Sector
Industrials
Industry
Aerospace & Defense
Address
1681 Chestnut Street Vancouver BC Canada V6J 4M6
IPO Date
Jul 8, 2016
Business
Mission Ready Solutions Inc. specializes in manufacturing and distributing advanced personal protective equipment and tactical gear tailored for military, law enforcement, firefighting, first responders, and other governmental agencies in Canada and the United States. Its core product portfolio includes protective service gears such as tactical outerwear, canine armor, bomb suits and blankets, riot control protection, carriers, textiles integrated with electronics, and ballistic panels. The company operates through wholly-owned subsidiaries including Mission Ready Holdings USA Inc., Protect The Force Inc., 10-20 Services Inc., No-Contact LLC (dba PTF Innovations), and PTF Manufacturing Inc., delivering solutions encompassing product development, manufacturing, prototyping, and government contracting support. It also provides relationship management, acquisition services, and sales support to manufacturers servicing U.S. federal government agencies. Headquartered in Vancouver, Canada, the company was founded in 2011 and rebranded from Mission Ready Services Inc. to Mission Ready Solutions Inc. in 2018. Recent strategic developments for Mission Ready Solutions include a significant partnership formed in June 2023 with GORUCK aimed at supplying the US Patriot Stores distribution network. The company has enhanced its mission-critical equipment offerings through ongoing innovation led by its Protect the Force Innovations division, which develops technologies such as Flex9Armor and Tactical Shield Cover. In addition, Mission Ready has expanded its product capabilities through acquisitions and strategic growth initiatives targeting increased participation in defense and tactical markets. The firm’s latest strategic moves also involve integrating advanced sensor mesh and data analytics technology into their defense logistics portfolio, exemplified by the launch of a resilient enterprise-ready platform known as SPECTR, designed for near real-time operational visibility in contested environments, reflecting a broader focus on tech-driven defense solutions. Mission Ready Solutions operates within the aerospace and defense industry alongside public safety and emergency services sectors, targeting military, law enforcement, government agencies, and first responder markets across North America. The company focuses on innovation in personal protection and tactical solutions with an emphasis on integrating hardware and software to meet modern defense and public safety needs. Its operations encompass product design, manufacturing, government contracting, and delivering customizable solutions aimed at reducing sustainment burdens and enhancing operational readiness and resilience. This strategic expansion and technology integration position Mission Ready Solutions as a growing player in advanced mission-ready protective technologies and defense logistics solutions.