DTII (Defense Technologies International) Shares Outstanding (Diluted Average): 37.53 Mil (As of Jan. 2026)

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What is Defense Technologies International Shares Outstanding (Diluted Average)?

Defense Technologies International DTII Shares Outstanding (Diluted Average) is 37.53 Mil as of Jan. 2026. The stock has 3 warning signs investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Defense Technologies International's average diluted shares outstanding for the quarter that ended in Jan. 2026 was 37.53 Mil.

Defense Technologies International  (OTCPK:DTII) Shares Outstanding (Diluted Average) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Be Aware

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.

Defense Technologies International Shares Outstanding (Diluted Average) Related Terms

Defense Technologies International Shares Outstanding (Diluted Average) Historical Data

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The historical data trend for Defense Technologies International's Shares Outstanding (Diluted Average) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Defense Technologies International Shares Outstanding (Diluted Average) Chart

Defense Technologies International Annual Data
Trend Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Shares Outstanding (Diluted Average)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.09 0.30 0.67 5.64 28.82

Defense Technologies International Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Shares Outstanding (Diluted Average) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.21 33.76 34.26 36.26 37.53

Defense Technologies International Shares Outstanding (Diluted Average) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that exact time point. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (Diluted Average) of 37.53 Mil mean?
Defense Technologies International (DTII) has a Shares Outstanding (Diluted Average) of 37.53 Mil as of Jan. 2026. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Defense Technologies International and its competitors.
Is Defense Technologies International's Shares Outstanding (Diluted Average) too high?
Defense Technologies International's current Shares Outstanding (Diluted Average) is 37.53 Mil.
How does Defense Technologies International's Shares Outstanding (Diluted Average) compare to IWAL and AGSS?
Defense Technologies International's Shares Outstanding (Diluted Average) of 37.53 Mil can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (Diluted Average) for a Business Services company?
A good Shares Outstanding (Diluted Average) depends on the Business Services industry context. However, Shares Outstanding (Diluted Average) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (Diluted Average) mean?
A high Shares Outstanding (Diluted Average) can signal that a stock is expensive relative to its fundamentals. The average shares outstanding over two periods including dilutive securities like preferred shares and convertibles. View historical data on Defense Technologies International and its competitors. Defense Technologies International's current Shares Outstanding (Diluted Average) is 37.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Defense Technologies International stock overvalued right now?
Defense Technologies International (DTII) has a current Shares Outstanding (Diluted Average) of 37.53 Mil. The current Shares Outstanding (Diluted Average) is 37.53 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (Diluted Average) calculated?
Shares Outstanding (Diluted Average) is calculated from a company's financial statements. For Defense Technologies International (DTII), the current Shares Outstanding (Diluted Average) is 37.53 Mil as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Defense Technologies International Business Description

Address 2683 Via De La Valle, Suite G418, Del Mar, CA, USA, 92014
Defense Technologies International Corp is a United States-based company providing solutions for risks and threats. The company, through its subsidiary, has developed the Passive Portal, a passive scanning technology for detecting and identifying concealed threats to be used for the security of schools and other public venues. The group holds the license to manufacture and sell the Passive Scanning Technology. Its first products are: Passive Portal, Passive Portal EBT, and Passive EBT Station.