Byrna Technologies Inc. (NASDAQ:BYRN) is a company that specializes in less-lethal personal security solutions. It has recently reported its financial results for the fiscal second quarter ending May 31, 2025. The company is known for its innovative products, such as the Byrna Compact Launcher (CL), which is smaller yet equally powerful as its flagship product. Byrna's products are available on platforms like Amazon and in physical retail locations, including Sportsman’s Warehouse.
On July 10, 2025, Byrna reported earnings per share (EPS) of $0.10, doubling the Zacks Consensus Estimate of $0.05. This represents a 100% earnings surprise, although it is a slight decrease from the $0.13 EPS reported in the same quarter last year. Byrna has consistently outperformed earnings expectations over the past four quarters, showcasing its ability to deliver strong financial results.
In terms of revenue, Byrna generated $28.51 million for the quarter, slightly exceeding the estimated $28.47 million. This is a significant increase from the $20.27 million reported in the same period the previous year. Byrna has surpassed consensus revenue estimates in three of the last four quarters, indicating a strong growth trajectory within the Zacks Technology Services industry.
Byrna's financial metrics reveal a price-to-earnings (P/E) ratio of approximately 38.93 and a price-to-sales ratio of about 5.56. The enterprise value to sales ratio is roughly 5.52, while the enterprise value to operating cash flow ratio is -169.50, indicating potential challenges in cash flow generation. Despite this, Byrna maintains a low debt-to-equity ratio of 0.043 and a strong current ratio of 3.63, suggesting good short-term financial health.
The company is expanding its retail presence, with five company-owned locations averaging $69,000 in sales. Byrna plans to open 10 more store-within-a-store locations in the third quarter, building on its existing 12 locations with Sportsman’s Warehouse. This expansion, along with its presence on Amazon, positions Byrna well for continued growth in the personal security solutions market.
