Core Viewpoint - Byrna Technologies Inc. reported a significant 57% year-over-year revenue growth for the fiscal first quarter of 2025, driven by successful marketing strategies and increased production levels [2][4]. Financial Performance - Total revenue for Q1 2025 is expected to be 16.7 million in Q1 2024, marking a 57% increase [2]. - E-commerce sales contributed 19.4 million, a 53% increase from 2.5 million to 1.3 million to $2.0 million [5]. Management Insights - The CEO noted that Q1 2025 showed resilience with only a 6% sequential decrease from the strongest quarter, indicating growing brand awareness due to a revamped marketing strategy [4]. - The company is leveraging celebrity endorsements and expanding retail presence to support its growth targets [5]. Supply Chain and Tariff Management - Byrna is well-positioned to manage trade policy changes with minimal impact on costs, as it sources no critical components from Mexico or Canada and has limited exposure to China [7]. - The company plans to move most of its supply chain to the U.S. in 2025, enhancing its commitment to domestic manufacturing [7]. Upcoming Events - Byrna plans to report full financial results for Q1 2025 in April, accompanied by a conference call for investors and analysts [8].
Byrna Technologies Announces Preliminary Fiscal First Quarter 2025 Record Revenue of $26.2 Million