BYRN Earnings Prediction
The chart below shows how BYRN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, BYRN sees a +2.65% change in stock price 10 days leading up to the earnings, and a +8.71% change 10 days following the report. On the earnings day itself, the stock moves by -4.03%. This data can give you a slight idea of what to expect for the next quarter's release.
BYRN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
27.98M
78.89%
34.17%
Gross Margin
62.76%
8.52%
0.58%
Operating Margin
14.96%
378.58%
204.68%
Net Margin
34.57%
752.26%
602.64%
EPS
0.41
1125.00%
925.00%
No Data Available
BYRN Earnings Analysis
Byrna Technologies Inc Corporation (BYRN.O) Earnings Conference Call
Positive
Q4 Revenue Surge: Net revenue for Q4 was $28,000,000, a 79% increase from $15,600,000 in Q4 2023, driven by a transformational shift in advertising strategy.
Net Revenue Surge: Full year net revenue totaled $85,800,000, up 101% from $42,600,000 in 2023, reflecting strong market demand and effective product marketing.
Gross Profit Improvement: Gross profit for Q4 was $17,600,000, or 62.8% of net revenue, compared to $9,000,000 or 57.8% in Q4 2023, indicating improved profitability through higher margin sales.
Net Income Improvement: Net income for Q4 was $9,700,000, a $10,500,000 improvement from a net loss of $800,000 in Q4 2023, supported by increased revenue and a significant tax benefit.
Adjusted EBITDA Performance: Adjusted EBITDA for Q4 was $5,200,000, compared to $400,000 in Q4 2023, with full year adjusted EBITDA reaching $11,500,000, up from a negative $2,000,000 in the prior year.
Negative
Operating Expenses Increase: Operating expenses for Q4 2024 were $13,500,000, a 39% increase from $9,700,000 in Q4 2023, reflecting rising variable selling costs and increased marketing spend.
Operating Expenses Increase: For the full year 2024, operating expenses totaled $46,100,000, up 47% from $31,400,000 in 2023, driven by higher payroll expenses and marketing costs as the company scaled operations.
Cash Decrease and Investment: Cash and cash equivalents decreased to $16,800,000 at 11/30/2024 from $20,500,000 at 11/30/2023, primarily due to an $8,900,000 investment into marketable securities, indicating reduced liquidity.
Inventory Increase Analysis: Inventory levels rose to $20,000,000 at 11/30/2024 from $13,900,000 at 11/30/2023, suggesting potential overstocking issues as the company prepares for new product launches.
Seasonal Slowdown Anticipated: The company anticipates a seasonal slowdown in Q1, with expectations that it will not achieve a sixth consecutive growth quarter, indicating potential challenges in maintaining momentum.
BYRN FAQs
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BYRN Earning Call Sentiment
Earnings call transcript: Byrna Technologies Q4 2024 revenue beats forecast
BYRN.O
0.43%Positive
The earnings call highlights strong financial performance, with significant revenue growth and profitability improvements. The company's strategic initiatives, including retail expansion and partnerships, are promising. Despite management's reluctance to provide specific guidance, the overall sentiment is positive, especially with the optimistic outlook for 2025 and successful execution of current plans. The share buyback program further supports a positive sentiment. However, lack of specific guidance and potential market risks temper the optimism slightly, resulting in a 'Positive' rating.
