Byrna® SD personal security device
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Byrna Technologies Announces Preliminary Fiscal Second Quarter Record Revenues of $28.5 Million
Globenewswire· 2025-06-05 20:05
Core Insights - Byrna Technologies Inc. reported a 41% year-over-year revenue growth for the fiscal second quarter of 2025, reaching $28.5 million, up from $20.3 million in the same quarter of 2024, driven by the launch of the Byrna Compact Launcher and retail expansion [2][6][8] Revenue Breakdown - E-commerce sales increased by 15% year-over-year, reflecting growing brand recognition and a balanced channel mix [3] - Dealer sales surged by 106% year-over-year to $7.5 million, attributed to the partnership with Sportsman's Warehouse and the introduction of shop-in-shop formats [4][8] - International sales rose by 86%, including approximately $800,000 in royalty revenue from Byrna LATAM, which was negligible in the prior year [5][8] Production and Inventory - Byrna produced 38,237 Compact Launchers in the quarter, contributing to a total of 63,835 launchers manufactured [5] - The company is transitioning to a steady-state production cadence of 15,000 launchers per month to support ongoing demand [7] Management Commentary - Byrna's CEO expressed optimism about the company's ability to generate record revenue despite overall consumer spending softness, attributing success to the CL launch and market expansion [6] - The company plans to maintain momentum through the second half of 2025, supported by partnerships and an expanded influencer roster [7] Upcoming Events - Byrna plans to report full financial results for the fiscal second quarter in July, accompanied by a conference call for investors and analysts [9]
Byrna Begins U.S. Ammo Production, Establishing Domestic Capacity of 8 Million Rounds Per Year
Globenewswire· 2025-03-13 20:05
Core Insights - Byrna Technologies Inc. has launched its first U.S.-based ammunition production facility in Fort Wayne, Indiana, enhancing domestic manufacturing capabilities and supply chain reliability [1][3] - The new facility is expected to produce 8 million rounds of proprietary less-lethal ammunition annually, with initial production powered by three SAM machines and one Amtek machine [2] - The operational schedule includes 116 hours per week, with plans to potentially add two more SAM machines to increase monthly output by approximately 150,000 rounds [2][3] Company Overview - Byrna specializes in developing, manufacturing, and selling innovative less-lethal personal security solutions, including the Byrna® SD personal security device [4] - The company aims to consolidate all production in the United States, aligning with its long-term strategic goals [3]