Byrna Tech reports record FY2024 revenue $85.8M (+101%), net income $12.8M vs prior year loss

Byrna Technologies Inc.

Full-year net revenue $85.8M, up 101% YoY; net income $12.8M compared to ($8.2M) loss in 2023.
Q4 2024 revenue $28.0M (up 79% YoY); net income $9.7M vs ($0.8M) loss; Adj. EBITDA $5.2M.
Gross margin improved to 62% (FY) and 63% (Q4) vs 56% and 58% a year ago on DTC mix and cost cuts.
Launcher production increased 33% to 24,000/month; added Megyn Kelly, Charlie Kirk, Lara Trump as endorsers; opened 3 new retail stores.
No debt; cash and marketable securities totaled $25.7M at Nov 30, 2024, up $5.2M YoY.

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