NASDAQ : BYRN
Byrna Technologies Inc. — Financial statements
Industrials · Aerospace & Defense · United States
Last price 4.76 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 111.41M
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Financial statements
Byrna Technologies Inc. (BYRN) reported revenue of 95.98M USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 95.98M | 118.12M | 85.76M | 42.64M | 48.04M | 42.16M |
| Cost of Revenue | 43.58M | 46.65M | 32.98M | 19.00M | 21.76M | 19.27M |
| Gross Profit | 52.40M | 71.47M | 52.77M | 23.65M | 26.28M | 22.89M |
| Selling, General & Admin | 62.69M | 59.03M | 46.70M | 32.06M | 33.21M | 25.68M |
| Research & Development | 300.00K | 300.00K | 600.00K | 600.00K | 500.00K | 300.00K |
| Amortization of Goodwill & Intangibles | 300.00K | 300.00K | 300.00K | 300.00K | 300.00K | 200.00K |
| Other Operating Expenses | -1.50M | -1.53M | ||||
| Operating Expenses | 63.29M | 59.63M | 46.10M | 31.44M | 34.01M | 26.18M |
| Operating Income | -10.89M | 11.84M | 6.67M | -7.79M | -7.73M | -3.29M |
| Interest Expense | -34.00K | |||||
| Interest & Investment Income | 177.00K | 410.00K | 1.02M | 693.00K | 201.00K | |
| Earnings From Equity Investments | -42.00K | -603.00K | ||||
| Currency Exchange Gain (Loss) | -329.00K | -410.00K | -576.00K | -270.00K | -87.00K | -210.00K |
| Other Non Operating Income (Expenses) | -67.00K | -97.00K | 7.00K | -7.00K | 26.00K | -28.00K |
| EBT Excluding Unusual Items | -11.11M | 11.74M | 7.08M | -7.98M | -7.59M | -3.56M |
| Gain (Loss) on Sale of Investments | -50.00K | -60.00K | ||||
| Gain (Loss) on Sale of Assets | -70.00K | |||||
| Other Unusual Items | 190.00K | |||||
| Pretax Income | -11.11M | 11.74M | 7.08M | -8.03M | -7.65M | -3.44M |
| Income Tax Expense | -2.28M | 2.05M | -5.71M | 165.00K | 234.00K | -160.00K |
| Net Income | -8.84M | 9.69M | 12.79M | -8.19M | -7.88M | -3.28M |
| Preferred Dividends & Other Adjustments | 1.04M | |||||
| Net Income to Common | -8.84M | 9.69M | 12.79M | -8.19M | -7.88M | -4.33M |
| Shares Outstanding (Basic) | 22.76M | 22.67M | 22.50M | 21.92M | 22.36M | 19.61M |
| Shares Outstanding (Diluted) | 22.76M | 24.15M | 23.14M | 21.92M | 22.36M | 19.61M |
| EPS (Basic) | -0.39 | 0.43 | 0.57 | -0.37 | -0.35 | -0.22 |
| EPS (Diluted) | -0.39 | 0.40 | 0.55 | -0.37 | -0.35 | -0.22 |
| Free Cash Flow | 3.43M | -9.20M | 9.39M | 2.99M | -17.08M | -6.28M |
| Free Cash Flow Per Share | 0.15 | -0.38 | 0.41 | 0.14 | -0.76 | -0.32 |
| Gross Margin | 54.59% | 60.51% | 61.54% | 55.45% | 54.71% | 54.29% |
| Operating Margin | -11.35% | 10.02% | 7.78% | -18.27% | -16.09% | -7.81% |
| Profit Margin | -9.21% | 8.20% | 14.92% | -19.21% | -16.41% | -10.26% |
| Free Cash Flow Margin | 3.57% | -7.78% | 10.95% | 7.01% | -35.55% | -14.88% |
| EBITDA | -8.57M | 13.95M | 8.16M | -6.53M | -6.88M | -2.80M |
| EBITDA Margin | -8.93% | 11.81% | 9.52% | -15.31% | -14.31% | -6.65% |
| D&A For EBITDA | 2.33M | 2.12M | 1.49M | 1.26M | 855.00K | 487.00K |
| EBIT | -10.89M | 11.84M | 6.67M | -7.79M | -7.73M | -3.29M |
| EBIT Margin | -11.35% | 10.02% | 7.78% | -18.27% | -16.09% | -7.81% |
| Effective Tax Rate | 17.49% |
Balance sheet
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 8.42M | 13.73M | 16.83M | 20.50M | 20.07M | 56.31M |
| Short-Term Investments | 1.00M | 1.75M | 8.90M | |||
| Cash & Short-Term Investments | 9.42M | 15.48M | 25.73M | 20.50M | 20.07M | 56.31M |
| Accounts Receivable | 2.54M | 10.84M | 2.63M | 2.94M | 5.92M | 1.66M |
| Receivables | 3.14M | 11.94M | 3.33M | 2.94M | 5.92M | 1.66M |
| Inventory | 29.97M | 32.69M | 19.97M | 13.89M | 15.46M | 6.61M |
| Prepaid Expenses | 3.22M | 3.58M | 1.92M | 868.00K | 1.20M | 1.49M |
| Restricted Cash | 92.00K | |||||
| Total Current Assets | 45.75M | 63.70M | 50.96M | 38.20M | 42.65M | 66.16M |
| Property, Plant & Equipment | 4.92M | 9.77M | 5.86M | 5.61M | 5.73M | 3.06M |
| Goodwill | 2.71M | 2.26M | 2.26M | 2.26M | 2.26M | 816.00K |
| Other Intangible Assets | 3.94M | 3.09M | 3.34M | 3.58M | 3.87M | 3.67M |
| Long-Term Deferred Tax Assets | 6.86M | 4.13M | 5.84M | |||
| Other Long-Term Assets | 398.00K | 1.55M | 2.67M | 1.19M | 2.54M | 1.61M |
| Total Assets | 64.58M | 84.49M | 71.92M | 52.31M | 57.05M | 75.31M |
| Accounts Payable | 5.29M | 10.08M | 7.71M | 2.62M | 3.80M | 2.79M |
| Accrued Expenses | 2.08M | 5.78M | 5.39M | 3.54M | 3.90M | 4.20M |
| Current Portion of Leases | 705.00K | 734.00K | 539.00K | 644.00K | 757.00K | 463.00K |
| Current Unearned Revenue | 186.00K | 496.00K | 1.79M | 1.84M | 458.00K | 720.00K |
| Total Current Liabilities | 8.27M | 17.09M | 15.44M | 8.65M | 8.92M | 8.18M |
| Long-Term Leases | 532.00K | 1.61M | 2.10M | 1.26M | 1.79M | 632.00K |
| Long-Term Unearned Revenue | 18.00K | 25.00K | 17.00K | 91.00K | 340.00K | 405.00K |
| Total Liabilities | 9.46M | 18.73M | 17.55M | 9.99M | 11.05M | 9.22M |
| Common Stock | 25.00K | 25.00K | 25.00K | 24.00K | 23.00K | 23.00K |
| Additional Paid-In Capital | 138.11M | 135.87M | 133.03M | 130.43M | 125.47M | 119.59M |
| Retained Earnings | -59.29M | -47.10M | -56.78M | -69.58M | -61.38M | -53.50M |
| Treasury Stock | -23.31M | -22.36M | -21.25M | -17.50M | -17.50M | |
| Comprehensive Income & Other | -411.00K | -687.00K | -649.00K | -1.06M | -620.00K | -16.00K |
| Shareholders' Equity | 55.12M | 65.76M | 54.37M | 42.32M | 45.99M | 66.10M |
| Total Liabilities & Equity | 64.58M | 84.49M | 71.92M | 52.31M | 57.05M | 75.31M |
| Total Debt | 1.24M | 2.35M | 2.64M | 1.90M | 2.55M | 1.09M |
| Net Cash (Debt) | 8.18M | 13.13M | 23.10M | 18.60M | 17.52M | 55.21M |
| Net Cash Per Share | 0.36 | 0.54 | 1.00 | 0.85 | 0.78 | 2.82 |
| Filing Date Shares Outstanding | 23.40M | 22.67M | 22.65M | 22.00M | 21.87M | 23.82M |
| Total Common Shares Outstanding | 23.40M | 22.68M | 22.50M | 22.00M | 21.85M | 23.75M |
| Working Capital | 37.49M | 46.60M | 35.52M | 29.55M | 33.72M | 57.98M |
| Book Value Per Share | 2.36 | 2.90 | 2.42 | 1.92 | 2.10 | 2.78 |
| Tangible Book Value | 48.46M | 60.41M | 48.77M | 36.48M | 39.86M | 61.61M |
| Tangible Book Value Per Share | 2.07 | 2.66 | 2.17 | 1.66 | 1.82 | 2.59 |
| Machinery | 7.74M | 10.01M | 5.16M | 4.51M | 3.25M | 2.22M |
| Leasehold Improvements | 1.74M | 1.93M | 1.05M | 989.00K | 910.00K | 157.00K |
Cash flow statement
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -8.84M | 9.69M | 12.79M | -8.19M | -7.88M | -3.28M |
| Depreciation & Amortization | 2.33M | 2.12M | 1.49M | 1.26M | 855.00K | 487.00K |
| Other Amortization | 4.00K | 28.00K | 28.00K | 23.00K | ||
| Loss (Gain) From Sale of Assets | 2.03M | 2.30M | 466.00K | 246.00K | ||
| Loss (Gain) on Equity Investments | 42.00K | 603.00K | ||||
| Stock-Based Compensation | 2.75M | 3.07M | 3.40M | 5.38M | 5.42M | 3.15M |
| Provision & Write-off of Bad Debts | 1.71M | -244.00K | -176.00K | 474.00K | ||
| Other Operating Activities | 4.09M | 2.35M | -5.31M | 1.31M | 540.00K | 40.00K |
| Change in Accounts Receivable | 4.62M | -7.97M | 491.00K | 2.19M | -4.25M | -336.00K |
| Change in Inventory | -1.33M | -12.70M | -5.85M | 542.00K | -9.17M | -1.45M |
| Change in Accounts Payable | -5.45M | 2.76M | 6.95M | 602.00K | 721.00K | 870.00K |
| Change in Unearned Revenue | -85.00K | -1.29M | -127.00K | -414.00K | -342.00K | -3.78M |
| Change in Other Net Operating Assets | 147.00K | -1.65M | -1.97M | -352.00K | 11.00K | -166.00K |
| Operating Cash Flow | 6.46M | -1.57M | 11.74M | 3.89M | -13.83M | -4.44M |
| Capital Expenditures | -3.03M | -7.62M | -2.35M | -903.00K | -3.25M | -1.84M |
| Sale of Property, Plant & Equipment | 67.00K | |||||
| Cash Acquisitions | -500.00K | -1.88M | -4.04M | |||
| Sale (Purchase) of Intangibles | -6.00K | -24.00K | ||||
| Investment in Securities | 1.50M | 7.10M | -8.86M | -520.00K | ||
| Other Investing Activities | -1.56M | |||||
| Investing Cash Flow | -2.03M | -459.00K | -11.23M | -2.98M | -5.14M | -5.88M |
| Short-Term Debt Issued | 1.50M | |||||
| Total Debt Issued | 1.50M | |||||
| Short-Term Debt Repaid | -1.50M | |||||
| Total Debt Repaid | -1.50M | |||||
| Issuance of Common Stock | 296.00K | 149.00K | 34.00K | 456.00K | 57.33M | |
| Repurchase of Common Stock | -2.57M | -1.63M | -4.70M | -456.00K | -17.50M | |
| Other Financing Activities | -81.00K | |||||
| Financing Cash Flow | -2.57M | -1.33M | -4.55M | -422.00K | -17.04M | 57.25M |
| Foreign Exchange Rate Adjustments | 63.00K | 261.00K | 371.00K | -61.00K | -326.00K | -189.00K |
| Net Cash Flow | 1.92M | -3.10M | -3.67M | 430.00K | -36.33M | 46.74M |
| Free Cash Flow | 3.43M | -9.20M | 9.39M | 2.99M | -17.08M | -6.28M |
| Free Cash Flow Margin | 3.57% | -7.78% | 10.95% | 7.01% | -35.55% | -14.88% |
| Free Cash Flow Per Share | 0.15 | -0.38 | 0.41 | 0.14 | -0.76 | -0.32 |
| Levered Free Cash Flow | 1.89M | -16.57M | 6.07M | 5.60M | -14.05M | -434.12K |
| Unlevered Free Cash Flow | 1.89M | -16.57M | 6.07M | 5.58M | -14.08M | -435.88K |
| Cash Interest Paid | 40.00K | |||||
| Cash Income Tax Paid | 706.00K | 706.00K | 48.00K | 106.00K | 337.00K | |
| Change in Working Capital | -2.10M | -20.85M | -507.00K | 2.57M | -13.03M | -4.85M |
Ratios
Fiscal year December - November; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 96.43M | 414.74M | 435.01M | 128.57M | 192.57M | 347.60M |
| Enterprise Value | 88.25M | 408.18M | 417.43M | 116.93M | 170.63M | 290.24M |
| Last Close Price | 4.12 | 18.25 | 19.33 | 5.85 | 8.66 | 14.72 |
| PE Ratio | 42.81 | 34.01 | ||||
| Forward PE | 35.66 | 98.27 | 15.42 | 11.77 | 75.18 | |
| PS Ratio | 1.00 | 3.51 | 5.07 | 3.02 | 4.01 | 8.24 |
| PB Ratio | 1.75 | 6.31 | 8.00 | 3.04 | 4.19 | 5.26 |
| P/TBV Ratio | 1.99 | 6.87 | 8.92 | 3.52 | 4.83 | 5.64 |
| P/FCF Ratio | 28.10 | 46.32 | 43.01 | |||
| P/OCF Ratio | 14.92 | 37.06 | 33.03 | |||
| PEG Ratio | 1.50 | |||||
| EV/Sales Ratio | 0.92 | 3.46 | 4.87 | 2.74 | 3.55 | 6.88 |
| EV/EBITDA Ratio | 29.25 | 51.14 | ||||
| EV/EBIT Ratio | 34.48 | 62.57 | ||||
| EV/FCF Ratio | 25.72 | 44.45 | 39.12 | |||
| Debt / Equity Ratio | 0.02 | 0.04 | 0.05 | 0.04 | 0.06 | 0.02 |
| Debt / EBITDA Ratio | 0.16 | 0.30 | ||||
| Debt / FCF Ratio | 0.36 | 0.28 | 0.64 | |||
| Net Debt / Equity Ratio | -0.15 | -0.20 | -0.42 | -0.44 | -0.38 | -0.83 |
| Net Debt / EBITDA Ratio | 0.95 | -0.94 | -2.83 | 2.85 | 2.55 | 19.69 |
| Net Debt / FCF Ratio | -2.38 | 1.43 | -2.46 | -6.22 | 1.03 | 8.80 |
| Asset Turnover | 1.34 | 1.51 | 1.38 | 0.78 | 0.73 | 0.87 |
| Inventory Turnover | 1.36 | 1.77 | 1.95 | 1.29 | 1.97 | 3.37 |
| Quick Ratio | 1.45 | 1.54 | 1.84 | 2.71 | 2.91 | 7.09 |
| Current Ratio | 5.54 | 3.73 | 3.30 | 4.42 | 4.78 | 8.09 |
| Return on Equity (ROE) | -14.94% | 16.13% | 26.46% | -18.55% | -14.07% | -8.81% |
| Return on Assets (ROA) | -9.51% | 9.46% | 6.71% | -8.90% | -7.30% | -4.26% |
| Return on Invested Capital (ROIC) | -22.81% | 23.28% | 24.26% | -29.85% | -39.28% | -37.84% |
| Return on Capital Employed (ROCE) | -19.30% | 17.60% | 11.80% | -17.80% | -16.10% | -4.90% |
| Earnings Yield | -9.51% | 2.34% | 2.94% | -6.37% | -4.09% | -0.94% |
| FCF Yield | 3.56% | -2.22% | 2.16% | 2.33% | -8.87% | -1.80% |
| Buyback Yield / Dilution | 4.94% | -4.37% | -5.56% | 1.99% | -14.04% | -54.67% |