Revenue Growth - Byrna Technologies reported preliminary revenue of 16.7 million in Q1 2024[2]. - E-commerce sales contributed 1.9 million year-over-year, indicating strong growth in this channel[3]. - Byrna's marketing strategies and increased production levels at its Fort Wayne factory were key drivers of revenue growth[2]. - The company experienced only a 6% sequential decrease in sales from its strongest quarter, demonstrating resilience in a traditionally slow period[4]. Production and Supply Chain - The company produced a record 68,916 launchers in Q1 2025, representing a 219% increase compared to the same quarter last year[3]. - The company plans to transition most of its supply chain to the United States in 2025, reducing tariff exposure and reinforcing domestic manufacturing[7]. Product Development and Partnerships - Byrna's new product, the Compact Launcher, and partnerships with celebrity influencers are expected to support continued growth throughout 2025[5]. - Byrna's retail store presence is expanding, including a partnership with Sportsman's Warehouse[5]. Future Outlook - The company anticipates reporting full financial results for Q1 2025 in April, followed by a conference call for investors and analysts[8].
Byrna Technologies (BYRN) - 2025 Q1 - Quarterly Results