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Byrna Technologies Inc. (BYRN) delivers innovative less-lethal defense solutions through advanced personal security devices and munitions. This news hub provides investors and industry professionals with centralized access to official corporate developments and market-moving information.
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Discover comprehensive coverage of Byrna's advancements in non-lethal technology, manufacturing updates, and distribution network expansions. Content types include financial performance analyses, leadership updates, patent filings, and industry conference participation details.
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Byrna Technologies (NASDAQ: BYRN) has unveiled its new Byrna Compact Launcher (CL), the world's most concealable less-lethal launcher. The product will be available for orders starting April 24, with shipments beginning May 1, 2025.
The CL features impressive specifications: weighing just 0.76 pounds and measuring 6.81 inches in length, it's 38% smaller than the Byrna SD while delivering the same force as the Byrna LE model. Key features include:
- Proprietary .61 caliber projectiles
- 400 feet per second projectile speed
- 60 feet effective range
- 15 rounds capacity per CO₂ cartridge
- Red dot compatibility
Priced at $549.99 MSRP, the CL will be manufactured at Byrna's Fort Wayne, Indiana facility, marking it as the company's first truly All-American launcher with 90% U.S. content.
Byrna Technologies (NASDAQ: BYRN) reported strong fiscal Q1 2025 results with revenue growing 57% year-over-year to $26.2 million. The company's gross profit increased to $15.9 million (61% of net revenue) from $9.6 million in Q1 2024, while net income improved to $1.7 million.
Key operational highlights include:
- Launch of store-within-a-store concept at Sportsman's Warehouse with 12 additional locations planned
- Opening of three company-owned retail stores generating $1,000-$1,700 in daily sales
- 33% increase in launcher production capacity to 24,000 units monthly
- New ammunition facility capable of producing 8 million rounds annually
- Achievement of 92% U.S.-made components for Byrna SD model
The company maintains a strong financial position with $19.3 million in cash and marketable securities, though down from $25.7 million in November 2024 due to inventory increases for new product launch.
Byrna Technologies (Nasdaq: BYRN), a personal defense technology company focused on less-lethal personal security solutions, has scheduled its fiscal first quarter 2025 financial results conference call for Thursday, April 10, 2025, at 9:00 a.m. ET. The company will release its financial results for the quarter ended February 28, 2025, via press release before the call.
The conference call will feature a presentation by Byrna management, followed by a Q&A session. Investors can access the call through toll-free (877-709-8150) or international (201-689-8354) dial-in numbers using Conference ID 13752594. The call will be broadcast live and available for replay through the company's Investor Relations website section.
Byrna Technologies (Nasdaq: BYRN) has launched its first U.S.-based ammunition production facility in Fort Wayne, Indiana, establishing a domestic manufacturing capacity of 8 million rounds per year for its proprietary less-lethal ammunition. The new facility, located five miles from Byrna's existing launcher production facility, is equipped with three SAM machines and one Amtek machine, expected to reach full output by mid-April.
The facility operates on a 116-hour weekly schedule with two shifts Monday through Thursday, plus a weekend shift. The company is considering adding two more SAM machines, which could increase monthly output capacity by approximately 150,000 rounds. This expansion represents a significant step in Byrna's transition to fully domestic manufacturing, improving supply chain reliability and operational efficiency.
Byrna Technologies (NASDAQ: BYRN) reported preliminary Q1 2025 revenue of $26.2 million, marking a 57% increase from $16.7 million in Q1 2024. The growth was driven by successful marketing strategies and increased production at their Fort Wayne, Indiana facility.
E-commerce channels grew by $6.7 million, representing 74% of total quarterly sales. The company achieved record launcher production of 68,916 units, up 26% from Q4 2024 and 219% year-over-year. Dealer sales showed strong performance with a $1.9 million year-over-year increase.
Q1 sales decreased only 6% sequentially from their traditionally strongest quarter. The company's growth strategy includes partnerships with celebrity influencers, expanding retail presence through Sportsman's Warehouse, and launching the Compact Launcher. Byrna is also moving most of its supply chain to the United States in 2025.
Byrna Technologies (NASDAQ: BYRN) reported strong financial results for Q4 and FY 2024. The company achieved record Q4 revenue of $28.0 million, up 79% year-over-year, and full-year revenue of $85.8 million, a 101% increase from 2023.
Q4 2024 highlights include net income of $9.7 million compared to a loss of $0.8 million in Q4 2023, and gross profit margin improvement to 63%. The company ended the year with $25.7 million in total available funds and no debt.
Key operational developments include surpassing 500,000 launchers sold, increasing production capacity by 33% to 24,000 launchers monthly, opening new retail stores, and signing an LOI with Sportsman's Warehouse for a store-within-store pilot program. The company also expanded its celebrity endorsement program, maintaining a return on ad spend above 5.0X.
Byrna Technologies (Nasdaq: BYRN) announced the opening of its second company-owned retail store in Franklin, Tennessee, part of the Greater Nashville Area. The store features an in-store shooting range and follows the success of their Las Vegas location, which achieved an annual run rate exceeding $1 million with gross profit margins over 60%.
The Nashville store is part of a broader retail expansion strategy, with three additional stores planned to open in Fort Wayne, Indiana, Scottsdale, Arizona, and Salem, New Hampshire in early 2025. The Las Vegas store demonstrated impressive conversion rates of approximately 80% compared to 1% online, highlighting the effectiveness of the hands-on retail experience.
The company aims to normalize less-lethal solutions as a mainstream personal safety choice while establishing a stronger physical presence in key markets. The retail strategy involves a phased approach to scaling their store model, focusing on optimizing operations and training programs before potential broader expansion.
Byrna Technologies (Nasdaq: BYRN) has announced a strategic partnership with the United States Concealed Carry Association (USCCA), giving Byrna access to promote its less-lethal personal security solutions to USCCA's nearly one million members. The collaboration aims to position Byrna's less-lethal launchers as viable alternatives to traditional firearms while reaching responsible gun owners, a key target demographic.
The USCCA provides education, training, and self-defense liability insurance to its members. Through this partnership, Byrna customers will gain access to USCCA's self-defense training and liability insurance services, ensuring they are well-prepared and protected in self-defense situations.
Byrna Technologies (Nasdaq: BYRN) has announced it will host a conference call on February 7, 2025 at 9:00 a.m. ET to discuss its financial results for the fiscal fourth quarter and full year ended November 30, 2024. The company, which specializes in less-lethal personal security solutions, will release its financial results via press release before the call.
The conference call will be accessible via toll-free dial-in (877-709-8150) and international dial-in (+1 201-689-8354) with Conference ID 13750859. The presentation will be followed by a Q&A session and will be available for replay through the company's Investor Relations website.
Byrna Technologies (NASDAQ: BYRN) announced its participation in the 2025 SHOT Show, scheduled for January 21-24, 2025, at The Venetian Expo and Caesars Forum in Las Vegas. The company will showcase its less-lethal personal security solutions at Booth #15253, offering attendees hands-on experience with Byrna launchers in a controlled environment.
The event, hosted by the National Shooting Sports Foundation (NSSF), is the world's largest trade show for shooting sports, hunting, law enforcement, and personal defense industries, featuring over 2,700 exhibitors and 100,000 products. During the show, Byrna will present its Dealer of the Year Awards and share updates on its retail strategy, including company-owned stores and partnerships.
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