Workflow
Less-lethal solutions
icon
Search documents
Alternative Ballistics Corporation Approved for OTCQB® Market Upgrade Trading to Commence on OTCQB on January 29, 2026 Under Ticker Symbol ALBC
Globenewswire· 2026-01-29 15:15
Las Vegas, Nevada, Jan. 29, 2026 (GLOBE NEWSWIRE) -- Alternative Ballistics Corporation (OTCQB:ALBC) (“Alternative Ballistics” or the “Company”) is pleased to announce that it has been approved for an upgrade to the OTCQB® Venture Market by OTC Markets Group Inc. The Company’s common stock will begin trading on the OTCQB on January 29, 2026, under the ticker symbol ALBC. The OTCQB is recognized as a premier marketplace for early-stage and developing U.S. and international companies that are current in their ...
Byrna Technologies Stock Falls 11% YTD: Is This the Right Time to Buy?
ZACKS· 2025-05-16 17:01
Core Viewpoint - Byrna Technologies Inc. is experiencing a rebound in its stock performance, with a 17% increase over the past month despite an 11% decline year to date, indicating potential for growth in the small-cap sector [1][2]. Growth and Expansion - Byrna has achieved significant brand visibility through a successful celebrity endorsement program and extensive media coverage, leading to a 57% year-over-year sales growth in Q1 of fiscal 2025, with net income rising from $17,000 to $1.7 million [2][5]. - The company is ramping up production, increasing launcher production by 33% to 24,000 units per month to meet market demand, and is preparing to launch a new Compact Launcher in mid-2025 [3][5]. - Byrna is expanding its retail presence and strengthening its footprint in Latin America through partnerships with law enforcement [4][5]. Strategic Initiatives - Byrna has collaborated with Mexico's Secretaría de Trabajo y Previsión Social to establish a federally certified training program for civilians to legally carry Byrna devices, enhancing its market reach [5]. - The company is shifting ammunition production domestically to improve product margins and is expected to drive growth through 2025 and beyond [5]. Financial Performance - Byrna's return on equity (ROE) stands at 16.96%, significantly outperforming the industry average of 5.51%, indicating effective management and strong profitability [8]. - The company's liquidity position is robust, with a current ratio of 4 compared to the industry's 1.76, providing financial flexibility for growth investments [9]. Earnings and Sales Projections - The Zacks Consensus Estimate for Byrna's fiscal 2025 earnings is 35 cents, reflecting a 12.9% year-over-year growth, with projected sales growth of 30.2% in fiscal 2025 and 17.5% in fiscal 2026 [11][16]. - Recent upward revisions in earnings estimates further reinforce a positive outlook for the company [16]. Investment Potential - Byrna is positioned as a compelling growth investment due to its strong brand momentum, expanding market presence, and strategic initiatives [18][19]. - The company is well-prepared to capitalize on rising demand with plans for retail expansion, supply chain enhancement, and new product launches, making it an attractive option for investors seeking high growth potential [19].