earnings
confidence high
sentiment positive
materiality 0.75
Byrna Q4 revenue $16.0M +43.5% YoY; guides FY23 $55-60M revenue
Byrna Technologies Inc.
- Q4 FY22 revenue $16.0M (up 43.5%), net loss near breakeven $0.1M vs $3.2M loss a year ago.
- Full-year FY22 revenue $48.0M (+13.8%), net loss $7.9M vs $3.3M loss; adj. EBITDA loss $1.0M.
- FY23 revenue guidance $55-60M (~20% growth); expects positive adj. EBITDA and cash flow.
- Cash $20.1M, no debt; repurchased 2.2M shares for $17.5M in FY22 at avg $8.08.
- New 12-gauge Kinetic round sold out first run; production doubling by June; new EP/LE pistols launched.