Valuation Update With 7 Day Price Move • May 28
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to US$6.55, the stock trades at a forward P/E ratio of 153x. Average forward P/E is 22x in the Aerospace & Defense industry in the US. Total returns to shareholders of 34% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$2.75 per share. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 27% After last week's 27% share price decline to US$6.69, the stock trades at a forward P/E ratio of 93x. Average forward P/E is 23x in the Aerospace & Defense industry in the US. Total returns to shareholders of 23% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$2.91 per share. Aankondiging • Apr 15
Byrna Technologies Inc. Promotes Matthew Campagni to Chief Strategy Officer Byrna Technologies Inc. announced the promotion of Matthew Campagni to Chief Strategy Officer. In this role, Campagni will lead the Company’s strategic planning initiatives and support cross-functional execution as Byrna continues to scale and position the Company for its next phase of growth. Campagni brings more than 25 years of executive leadership experience across strategy, operations, finance, and program management in public safety, technology, investment, and manufacturing organizations. Since joining Byrna in 2024 as Vice President of Corporate Development, he has worked closely with the leadership team on key initiatives across the business, playing a pivotal role in the Company’s continued progress and evolution. Prior to joining Byrna, Campagni served as Senior Vice President of Operations at WRAP Technologies Inc., where he strengthened supply chain and manufacturing operations, led key product acquisitions and integrations, and directed the company’s strategic transition toward recurring-revenue Hardware-as-a-Service and Software-as-a-Service business models. Earlier in his career, he served as Chief Financial Officer and Vice President of Operations for a family office and spent more than two decades at Information Methods Incorporated, a technology consulting and system integration firm focused on public safety, where he ultimately served as both Chief Financial Officer and Chief Operating Officer. Campagni holds a B.S. in Finance from Tennessee Tech and an M.S. in Project Management from The George Washington University. He is also a certified Project Management Professional (PMP), Risk Management Professional (RMP), and Six Sigma Black Belt. Price Target Changed • Apr 10
Price target decreased by 23% to US$22.20 Down from US$29.00, the current price target is an average from 5 analysts. New target price is 291% above last closing price of US$5.68. Stock is down 68% over the past year. The company is forecast to post earnings per share of US$0.0067 for next year compared to US$0.43 last year. New Risk • Apr 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 12% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (35% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Profit margins are more than 30% lower than last year (7.3% net profit margin). Reported Earnings • Apr 09
First quarter 2026 earnings: EPS and revenues miss analyst expectations First quarter 2026 results: EPS: US$0.035 (down from US$0.074 in 1Q 2025). Revenue: US$29.0m (up 11% from 1Q 2025). Net income: US$801.0k (down 52% from 1Q 2025). Profit margin: 2.8% (down from 6.3% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.3%. Earnings per share (EPS) also missed analyst estimates by 57%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Aankondiging • Mar 23
Byrna Technologies Inc. to Report Q1, 2026 Results on Apr 09, 2026 Byrna Technologies Inc. announced that they will report Q1, 2026 results Pre-Market on Apr 09, 2026 Aankondiging • Mar 19
Byrna Technologies Inc. Announces Promotion of Luan Pham to President, Effective March 17, 2026 On March 17, 2026, Byrna Technologies Inc. appointed Luan Pham as President of the Company, effective as of such date. Mr. Pham will report directly to Conn Davis, the Chief Executive Officer, and will be responsible for the management, strategy, and performance of the Company as assigned by Mr. Davis from time to time. Mr. Pham's principal work location will be the Company's office in Las Vegas, Nevada. Mr. Pham, age 54, has served as the Company's Chief Revenue and Marketing Officer since January 2022, having joined Byrna in January 2021 as Chief Marketing Officer. Prior to joining the Company, Mr. Pham served as Chief Revenue and Marketing Officer of Laird Superfood Inc. from June 2017 to December 2020. From January 2012 to June 2017, Mr. Pham served as Head of Marketing for Golf Digest . Prior to that role, Mr. Pham served as Senior Director of Marketing for Golf and Tennis at Ralph Lauren Corporation. In his expanded role, Pham will continue to lead Byrna's marketing, brand strategy, distribution, and customer acquisition initiatives, while working closely with CEO Conn Davis to drive execution across the Company’s commercial strategy. Pham joined Byrna in January 2021 as the Company’s Chief Marketing Officer and was promoted to Chief Revenue and Marketing Officer in January 2022. He has been a driving force behind the Company's remarkable growth, scaling revenue from $17 million in 2020 to $118 million in 2025 and establishing Byrna as the category leader in consumer less-lethal personal defense. Under his leadership, Byrna built a highly effective influencer program, launched a store-within-a-store retail strategy with Sportsman's Warehouse, and scaled its direct-to-consumer e-commerce business into a durable digital revenue engine. Pham also helped scale the brick-and-mortar sales channel to more than 1,400 locations nationwide. In parallel, he developed AI-driven advertising strategies that unlocked new marketing channels in a constrained environment and accelerated the Company’s customer acquisition. These efforts collectively helped scale the business from 250,000 to 750,000 launchers sold and earned Byrna recognition as the #10 company in Forbes’ America's Most Successful Small-Cap Companies List. Pham will continue reporting to Mr. Davis and will play a central role in Byrna’s strategic planning and execution as the Company pursues its next phase of growth across its consumer, private security, and law enforcement markets. Major Estimate Revision • Mar 10
Consensus EPS estimates fall by 16% The consensus outlook for earnings per share (EPS) in fiscal year 2026 has deteriorated. 2026 revenue forecast decreased from US$140.0m to US$135.3m. EPS estimate also fell from US$0.56 per share to US$0.472 per share. Net income forecast to grow 3.6% next year vs 27% growth forecast for Aerospace & Defense industry in the US. Consensus price target down from US$34.80 to US$29.00. Share price fell 20% to US$10.35 over the past week. Aankondiging • Mar 10
Byrna Technologies Inc. Provides Earnings Guidance for the Fiscal First Quarter Ended February 28, 2026 Byrna Technologies Inc. provided earnings guidance for the fiscal first quarter ended February 28, 2026. Based on preliminary unaudited results, the company expects total revenue for the fiscal first quarter of 2026 to be approximately $29.0 million, an increase of 11% compared to $26.2 million in the fiscal first quarter of 2025. First quarter revenue reflects the typical post-holiday seasonal moderation following Byrna’s strong holiday-driven fourth quarter. During the quarter, Byrna continued to generate sales across its multiple distribution channels, including its direct-to-consumer platform and expanding retail footprint, as the Company continues to broaden its omnichannel distribution strategy. Price Target Changed • Mar 10
Price target decreased by 8.0% to US$32.00 Down from US$34.80, the current price target is an average from 5 analysts. New target price is 196% above last closing price of US$10.80. Stock is down 44% over the past year. The company is forecast to post earnings per share of US$0.53 for next year compared to US$0.43 last year. Valuation Update With 7 Day Price Move • Mar 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$10.80, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 31x in the Aerospace & Defense industry in the US. Total returns to shareholders of 22% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$6.93 per share. Reported Earnings • Feb 06
Full year 2025 earnings: EPS exceeds analyst expectations Full year 2025 results: EPS: US$0.43 (down from US$0.57 in FY 2024). Revenue: US$118.1m (up 38% from FY 2024). Net income: US$9.69m (down 24% from FY 2024). Profit margin: 8.2% (down from 15% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 1.3%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. New Risk • Feb 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.2% Last year net profit margin: 15% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$12.22, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 27x in the Aerospace & Defense industry in the US. Total returns to shareholders of 24% over the past three years. Aankondiging • Jan 31
Byrna Technologies Inc. Announces Departure of Chief Operating Officer John Brasseur, Effective February 17, 2026 Byrna Technologies Inc. announced that John Brasseur, Chief Operating Officer, notified the Company of his decision to depart from the Company in order to pursue other professional opportunities. Mr. Brasseur's final date of employment will be February 17, 2026. Mr. Brasseur's departure was not the result of any disagreement with the Company on any matter relating to the Company's operations, policies, or practices. Aankondiging • Jan 22
Byrna Technologies Inc. to Report Q4, 2025 Results on Feb 05, 2026 Byrna Technologies Inc. announced that they will report Q4, 2025 results Pre-Market on Feb 05, 2026 Aankondiging • Dec 09
Byrna Technologies Inc. Provides Earnings Guidance for the Fiscal Fourth Quarter and Year Ended November 30, 2025 Byrna Technologies Inc. provided earnings guidance for the fiscal fourth quarter and year ended November 30, 2025 Based on preliminary unaudited results, Byrna expects total revenue for the fiscal fourth quarter of 2025 to be $35.1 million, an increase of 26% compared to $28.0 million in the fiscal fourth quarter of 2024. Fourth quarter revenue growth reflects strong dealer and chain store performance, with direct-to-consumer and international channels contributing solid year-over-year growth. The comparison also reflects growth over a particularly strong fiscal fourth quarter of 2024, when demand was elevated around the U.S. election.
Full-year revenue is expected to be $118.0 million, up 38% from $85.8 million in fiscal year 2024. Full year revenue growth was driven by Byrna’s expanded brand visibility, the broadening physical retail presence, and the successful launch of the Byrna CL. Valuation Update With 7 Day Price Move • Oct 16
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to US$22.34, the stock trades at a forward P/E ratio of 39x. Average forward P/E is 23x in the Aerospace & Defense industry in the US. Total returns to shareholders of 224% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$32.92 per share. Recent Insider Transactions • Oct 13
Independent Chairman recently sold US$145k worth of stock On the 10th of October, Herbert Hughes sold around 5k shares on-market at roughly US$29.00 per share. This transaction amounted to 16% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Herbert's only on-market trade for the last 12 months. Recent Insider Transactions Derivative • Oct 12
CEO, President & Director notifies of intention to sell stock Bryan Ganz intends to sell 40k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of October. If the sale is conducted around the recent share price of US$29.85, it would amount to US$1.2m. For the year to November 2018, Bryan's total compensation was 19% salary and 81% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Bryan has owned 954.96k shares directly. Company insiders have collectively sold US$2.0m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Oct 10
Now 20% undervalued Over the last 90 days, the stock has risen 15% to US$26.36. The fair value is estimated to be US$33.05, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 36% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 53% in 2 years. Earnings are forecast to grow by 25% in the next 2 years. New Risk • Oct 10
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 9.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (69% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (9.4% average weekly change). Reported Earnings • Oct 09
Third quarter 2025 earnings: EPS exceeds analyst expectations Third quarter 2025 results: EPS: US$0.098 (up from US$0.045 in 3Q 2024). Revenue: US$28.2m (up 35% from 3Q 2024). Net income: US$2.24m (up 118% from 3Q 2024). Profit margin: 7.9% (up from 4.9% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 41%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has only increased by 62% per year, which means it is significantly lagging earnings growth. Aankondiging • Oct 09
Byrna Technologies Inc. Provides Earnings Guidance for the Full Year of 2025 Byrna Technologies Inc. provided earnings guidance for the full year of 2025. The expects full-year fiscal 2025 revenue growth to come in between 35% and 40%. Aankondiging • Sep 25
Byrna Technologies Inc. to Report Q3, 2025 Results on Oct 09, 2025 Byrna Technologies Inc. announced that they will report Q3, 2025 results Pre-Market on Oct 09, 2025 Aankondiging • Sep 09
Byrna Technologies Inc. Announces Board Appointments Byrna Technologies Inc. announced the appointments of Adam Roth, former Vice President of North America Marketing at Nike Inc., and TJ Kennedy, veteran technology and public safety executive, to its Board of Directors. These appointments bring proven expertise in global brand building, go-to-market execution, and public safety technology leadership to Byrna, bringing added depth to the Board as Byrna expands its consumer reach and builds on its presence in security and public safety markets.Roth retired from Nike in 2024 after a 25-year career leading marketing across North America, Asia-Pacific, Latin America, and multiple global categories, including Running and Basketball. He played a central role in some of Nike’s most iconic brand campaigns and cultivated high-profile athlete and influencer partnerships that helped cement Nike’s status as the world’s premier consumer brand. He now advises senior executives, growth companies, and emerging marketing talent through his consultancy, Synthesis Consulting Group. Kennedy brings more than two decades of leadership across technology, wireless, and public safety. He previously served as CEO of Wrap Technologies, an innovative non-lethal public-safety device company, where he helped expand less-lethal restraint device adoption to nearly 1,000 agencies in 59 countries. He was also President of FirstNet, which awarded and governed the $100 billion contract for the nationwide public safety broadband network that serves more than 30,000 agencies and seven million connections helping to support first responders, where he was instrumental in executing the U.S. government’s largest-ever public-private partnership. He currently leads Fractional Source, providing executive-level technology expertise to government agencies and private companies. Buy Or Sell Opportunity • Aug 12
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 14% to US$20.95. The fair value is estimated to be US$26.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 24% in the next 2 years. Buy Or Sell Opportunity • Jul 28
Now 20% undervalued Over the last 90 days, the stock has risen 4.2% to US$23.48. The fair value is estimated to be US$29.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 33% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 56% in 2 years. Earnings are forecast to grow by 24% in the next 2 years. Reported Earnings • Jul 11
Second quarter 2025 earnings: EPS exceeds analyst expectations Second quarter 2025 results: EPS: US$0.11 (up from US$0.091 in 2Q 2024). Revenue: US$28.5m (up 41% from 2Q 2024). Net income: US$2.43m (up 17% from 2Q 2024). Profit margin: 8.5% (down from 10% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 43%. Revenue is forecast to grow 23% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 102% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Price Target Changed • Jul 10
Price target increased by 7.7% to US$38.63 Up from US$35.88, the current price target is an average from 4 analysts. New target price is 52% above last closing price of US$25.42. Stock is up 155% over the past year. The company is forecast to post earnings per share of US$0.39 for next year compared to US$0.57 last year. Aankondiging • Jun 24
Byrna Technologies Inc. to Report Q2, 2025 Results on Jul 10, 2025 Byrna Technologies Inc. announced that they will report Q2, 2025 results at 9:00 AM, Eastern Daylight on Jul 10, 2025 Aankondiging • Jun 20
Byrna Technologies Inc., Annual General Meeting, Jul 29, 2025 Byrna Technologies Inc., Annual General Meeting, Jul 29, 2025. Location: offices of byrna technologies , inc., 100 burtt rd., suite 115, andover, ma 01810., United States Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$31.35, the stock trades at a forward P/E ratio of 69x. Average forward P/E is 23x in the Aerospace & Defense industry in the US. Total returns to shareholders of 226% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$13.17 per share. Valuation Update With 7 Day Price Move • May 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to US$24.34, the stock trades at a forward P/E ratio of 53x. Average forward P/E is 23x in the Aerospace & Defense industry in the US. Total returns to shareholders of 229% over the past three years. Aankondiging • Apr 23
Byrna Technologies Inc. Announces the Debut of the Byrna CL Byrna Technologies Inc. announced the official launch of its highly anticipated Byrna Compact Launcher ("CL"). The Company will begin accepting orders for this revolutionary new launcher on April 24, 2025 with product shipments beginning May 1, 2025. Weighing just 0.76 pounds and measuring only 6.81 inches in length - smaller than a smartphone - the Byrna CL is the most concealable less-lethal launcher ever made. Along with its compact form, the CL delivers the same powerful energy density on impact as Byrna's most advanced model to date, the Byrna LE. Engineered for everyday carry, the CL offers a sleek, no-snag design for quick unholstering and is red dot compatible for enhanced accuracy. Key Features and Technical Specifications: Size: 6.81" L x 5.1" H x 1.18" W; Weight: 0.76 lbs; Projectile Speed: 400 feet per second; Effective Range: 60 feet; Caliber: Fires proprietary 0.61 caliber projectiles engineered to deliver the same energy density as 0.68 caliber rounds; Shot Capacity: 15 rounds per 8g CO2 cartridge; Materials: Constructed from high-grade aluminum, steel, and brass; Compatibility: Red dot ready, customizable with accessories. The CL's new .61 caliber projectile will be exclusive to Byrna and produced at the Company's new ammunition facility in Fort Wayne, Indiana. Conceived, designed and manufactured in America from 90% U.S. content, the Byrna CL is the Company's first truly All-American launcher and highlights Byrna's progress to onshore manufacturing. Pricing and Availability: The Byrna Compact Launcher has a base MSRP of $549.99. Customers can join the wait list starting here. Valuation Update With 7 Day Price Move • Apr 17
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to US$21.34, the stock trades at a forward P/E ratio of 47x. Average forward P/E is 22x in the Aerospace & Defense industry in the US. Total returns to shareholders of 190% over the past three years. Reported Earnings • Apr 11
First quarter 2025 earnings: Revenues and EPS in line with analyst expectations First quarter 2025 results: EPS: US$0.074 (up from US$0.001 in 1Q 2024). Revenue: US$26.2m (up 57% from 1Q 2024). Net income: US$1.66m (up US$1.65m from 1Q 2024). Profit margin: 6.3% (up from 0.1% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Aankondiging • Mar 27
Byrna Technologies Inc. to Report Q1, 2025 Results on Apr 10, 2025 Byrna Technologies Inc. announced that they will report Q1, 2025 results at 9:00 AM, US Eastern Standard Time on Apr 10, 2025 Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to US$23.40, the stock trades at a forward P/E ratio of 71x. Average forward P/E is 24x in the Aerospace & Defense industry in the US. Total returns to shareholders of 136% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$26.31 per share. Recent Insider Transactions Derivative • Feb 21
CEO, President & Director notifies of intention to sell stock Bryan Ganz intends to sell 50k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of February. If the sale is conducted around the recent share price of US$29.37, it would amount to US$1.5m. For the year to November 2018, Bryan's total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Bryan's direct individual holding has decreased from 957.56k shares to 954.96k. Company insiders have collectively sold US$3.5m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Feb 16
Chief Revenue & Marketing Officer recently sold US$1.0m worth of stock On the 12th of February, Luan Pham sold around 33k shares on-market at roughly US$30.19 per share. This transaction amounted to 65% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth US$1.2m. Insiders have been net sellers, collectively disposing of US$2.9m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 14
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to US$32.84, the stock trades at a forward P/E ratio of 123x. Average forward P/E is 24x in the Aerospace & Defense industry in the US. Total returns to shareholders of 264% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$25.38 per share. Recent Insider Transactions Derivative • Feb 13
Chief Revenue & Marketing Officer notifies of intention to sell stock Luan Pham intends to sell 33k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of February. If the sale is conducted around the recent share price of US$30.15, it would amount to US$1.0m. Since June 2024, Luan's direct individual holding has increased from 51.87k shares to 52.63k. Company insiders have collectively sold US$2.6m more than they bought, via options and on-market transactions in the last 12 months. Buy Or Sell Opportunity • Feb 10
Now 27% overvalued after recent price rise Over the last 90 days, the stock has risen 86% to US$34.19. The fair value is estimated to be US$26.94, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to grow by 17% per annum. Earnings are also forecast to grow by 23% per annum over the same time period. Price Target Changed • Feb 10
Price target increased by 17% to US$29.88 Up from US$25.63, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$29.64. Stock is up 198% over the past year. The company is forecast to post earnings per share of US$0.37 for next year compared to US$0.57 last year. Reported Earnings • Feb 10
Full year 2024 earnings: EPS exceeds analyst expectations Full year 2024 results: EPS: US$0.57 (up from US$0.37 loss in FY 2023). Revenue: US$85.8m (up 101% from FY 2023). Net income: US$12.8m (up US$21.0m from FY 2023). Profit margin: 15% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 129%. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 52% per year, which means it is significantly lagging earnings growth. Aankondiging • Jan 21
Byrna Technologies Inc. to Report Q4, 2024 Results on Feb 07, 2025 Byrna Technologies Inc. announced that they will report Q4, 2024 results on Feb 07, 2025 Recent Insider Transactions • Jan 17
Insider recently sold US$1.2m worth of stock On the 15th of January, Victor Eng sold around 44k shares on-market at roughly US$27.73 per share. This transaction amounted to 85% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$2.0m more than they bought in the last 12 months. Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 1 highly experienced director. Independent Director Len Elmore was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Dec 12
Price target increased by 13% to US$25.63 Up from US$22.69, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of US$24.81. Stock is up 347% over the past year. The company is forecast to post earnings per share of US$0.24 next year compared to a net loss per share of US$0.37 last year. Aankondiging • Dec 11
Byrna Technologies Inc. Provides Preliminary Unaudited Revenue Guidance for the Fiscal Fourth Quarter and Full Year of 2024 Byrna Technologies Inc. provided preliminary unaudited revenue guidance for the fiscal fourth quarter and full year of 2024. The company expects total revenue for the fiscal fourth quarter of 2024 to be $28.0 million, representing a 79% increase compared to $15.6 million in the fiscal fourth quarter of 2023.
For the Full-year, the company expects revenue to be a record $85.8 million, more than doubling the $42.6 million reported in fiscal year 2023. Recent Insider Transactions • Nov 20
Independent Chairman recently sold US$100k worth of stock On the 19th of November, Herbert Hughes sold around 5k shares on-market at roughly US$20.08 per share. This transaction amounted to 4.9% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Herbert has been a net seller over the last 12 months, reducing personal holdings by US$163k. Recent Insider Transactions Derivative • Nov 15
CEO, President & Director notifies of intention to sell stock Bryan Ganz intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 14th of November. If the sale is conducted around the recent share price of US$19.40, it would amount to US$388k. For the year to November 2017, Bryan's total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Bryan's direct individual holding has increased from 620.10k shares to 954.91k. Company insiders have collectively sold US$1.6m more than they bought, via options and on-market transactions in the last 12 months. Aankondiging • Oct 23
Byrna Technologies Inc., Annual General Meeting, Nov 20, 2024 Byrna Technologies Inc., Annual General Meeting, Nov 20, 2024. Location: 100 burtt rd., suite 115, andover, ma 01810, United States Reported Earnings • Oct 09
Third quarter 2024 earnings: EPS exceeds analyst expectations Third quarter 2024 results: EPS: US$0.045 (up from US$0.19 loss in 3Q 2023). Revenue: US$20.9m (up 194% from 3Q 2023). Net income: US$1.03m (up US$5.12m from 3Q 2023). Profit margin: 4.9% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 50%. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has increased by 23% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Aankondiging • Sep 25
Byrna Technologies Inc. to Report Q3, 2024 Results on Oct 09, 2024 Byrna Technologies Inc. announced that they will report Q3, 2024 results on Oct 09, 2024 Recent Insider Transactions Derivative • Sep 23
CEO, President & Director notifies of intention to sell stock Bryan Ganz intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 20th of September. If the sale is conducted around the recent share price of US$17.40, it would amount to US$348k. For the year to November 2017, Bryan's total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Bryan's direct individual holding has increased from 620.10k shares to 954.96k. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • Sep 08
CEO, President & Director notifies of intention to sell stock Bryan Ganz intends to sell 20k shares in the next 90 days after lodging an Intent To Sell Form on the 5th of September. If the sale is conducted around the recent share price of US$15.40, it would amount to US$308k. For the year to November 2017, Bryan's total compensation was 36% salary and 64% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2023, Bryan's direct individual holding has increased from 620.10k shares to 957.56k. Company insiders have collectively sold US$1.7m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • Sep 06
Insider recently sold US$270k worth of stock On the 4th of September, Lisa Wager sold around 20k shares on-market at roughly US$13.50 per share. This transaction amounted to 8.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$919k more than they bought in the last 12 months. Price Target Changed • Sep 06
Price target increased by 10.0% to US$18.42 Up from US$16.75, the current price target is an average from 3 analysts. New target price is 22% above last closing price of US$15.10. Stock is up 317% over the past year. The company is forecast to post earnings per share of US$0.18 next year compared to a net loss per share of US$0.37 last year. New Risk • Sep 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Shareholders have been diluted in the past year (3.6% increase in shares outstanding). Aankondiging • Sep 05
Byrna Technologies Inc. Provides Preliminary Unaudited Revenue Guidance for the Fiscal Third Quarter Ended August 31, 2024 Byrna Technologies Inc. provided preliminary unaudited revenue guidance for the fiscal third quarter ended August 31, 2024. For the quarter, the company expects total revenue for the fiscal third quarter of 2024 to be $20.8 million compared to $7.1 million in the fiscal third quarter of 2023. Price Target Changed • Sep 04
Price target decreased by 9.0% to US$15.13 Down from US$16.63, the current price target is an average from 3 analysts. New target price is approximately in line with last closing price of US$14.85. Stock is up 317% over the past year. The company is forecast to post earnings per share of US$0.18 next year compared to a net loss per share of US$0.37 last year. Aankondiging • Aug 05
Byrna Technologies Inc. (NasdaqCM:BYRN) announces an Equity Buyback for $10 million worth of its shares. Byrna Technologies Inc. (NasdaqCM:BYRN) announces a share repurchase program. Under the program, the company will repurchase up to $10 million worth of its shares. The company intends to fund the repurchases with its existing cash balance, including cash generated from operations, ensuring that the program does not impact operational capabilities or growth initiatives. The program will be valid for a 2 year period. Breakeven Date Change • Jul 17
Forecast breakeven date moved forward to 2024 The 2 analysts covering Byrna Technologies previously expected the company to break even in 2025. New consensus forecast suggests the company will make a profit of US$2.40m in 2024. Earnings growth of 86% is required to achieve expected profit on schedule. Reported Earnings • Jul 10
Second quarter 2024 earnings: EPS exceeds analyst expectations Second quarter 2024 results: EPS: US$0.091 (up from US$0.051 loss in 2Q 2023). Revenue: US$20.3m (up 76% from 2Q 2023). Net income: US$2.08m (up US$3.19m from 2Q 2023). Profit margin: 10% (up from net loss in 2Q 2023). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates. Revenue is forecast to grow 22% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Aerospace & Defense industry in the US. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has fallen by 25% per year, which means it is performing significantly worse than earnings. Aankondiging • Jun 24
Byrna Technologies Inc. Announces Chief Financial Officer Changes, Effective July 15, 2024 Byrna Technologies Inc. has appointed Lauri Kearnes as Chief Financial Officer, effective July 15, 2024. Kearnes is already working with the Company to ensure a smooth transition. Kearnes brings over 20 years of experience in financial and operating leadership, most recently serving as CFO for Harte Hanks (Nasdaq: HHS), a Massachusetts-based global customer experience (CX) strategy company. At Harte Hanks, she oversaw all finance, accounting, and human resources for a business with over $200 million in annual revenues. Prior to her role as CFO at Harte Hanks, Kearnes held various key positions, including Corporate Controller, Group VP of Finance, and VP of Finance. Her background also includes roles at Brooks Automation, where she managed financial operations in a high-tech manufacturing environment, and at Nutraceutical Corporation, where she gained insights into market dynamics in consumer-focused industries. Kearnes graduated from Utah State University, receiving both her undergraduate degree and master’s degree in accounting. As previously announced, the company’s current CFO, David North, is retiring effective July 15, 2024. North will remain involved as an outside consultant, ensuring continuity and the preservation of his insights and guidance. Aankondiging • Jun 21
Byrna Technologies Inc. to Report Q2, 2024 Results on Jul 09, 2024 Byrna Technologies Inc. announced that they will report Q2, 2024 results on Jul 09, 2024 Aankondiging • Jun 06
Byrna Technologies Inc. Provides Revenue Guidance for the Second Quarter of 2024 Byrna Technologies Inc. provided revenue guidance for the second quarter of 2024. For the quarter, the Company expects total revenue for the fiscal second quarter of 2024 to be $20.3 million. 
