Byrna Technologies Reports Record FY25 Revenue Up 38%, Secures $20M Credit Facility, and Expands Production
BYRN sits 18% above its 52-week low of $11.13 on elevated volume (4.1× avg).
Summary
Byrna Technologies reported record fiscal year 2025 revenue, up 38% year-over-year, alongside strong Q4 growth and improved adjusted EBITDA, while also securing a new $20 million credit facility to support future growth.
Key Events · Earnings and Guidance · BYRN
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Record Fiscal Year 2025 Revenue
Net revenue for FY 2025 increased 38% to $118.1 million, driven by expanded brand visibility and retail presence.
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Strong Q4 Performance
Q4 2025 net revenue grew 26% year-over-year to $35.2 million, with adjusted EBITDA increasing to $6.0 million from $5.0 million in Q4 2024.
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Secured $20 Million Credit Facility
Subsequent to quarter end, the company secured a $20.0 million credit facility with Texas Capital Bank to support potential acquisitions and working capital needs.
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Expanded Production Capacity
Monthly production capacity was expanded by 33% to 20,000 units to meet growing demand.
Analysis · BYRN · Manufacturing
Byrna Technologies reported robust financial results for fiscal year 2025, with record revenue growth driven by expanded brand visibility and retail presence. While net income decreased year-over-year, this was primarily due to a significant income tax benefit in the prior year, with adjusted EBITDA showing healthy growth. The company's strategic initiatives, including a substantial increase in production capacity, a new $20 million credit facility for acquisitions and working capital, and a planned price increase, position it for continued expansion and improved profitability in fiscal 2026. The focus on diversifying sales channels and introducing new products also indicates a strong growth trajectory.
At the time of this filing, BYRN was trading at $13.16 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $299.1M. The 52-week trading range was $11.13 to $34.78. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.