Added to YB: 2026-07-20
Pitch date: 2026-07-17
BYRN [neutral]
Byrna Technologies Inc.
Author Info
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Company Info
Byrna Technologies Inc., a less-lethal self-defense technology company, develops, manufactures, and sells less-lethal personal security solutions in the United States, South Africa, Europe, South America, Asia, and Canada.
Market Cap
$77.2M
Pitch Price
N/A
Price Target
N/A
Dividend
N/A
EV/EBITDA
-42.95
P/E
-20.73
EV/Sales
0.63
Sector
Aerospace and Defense
Category
turnaround
Byrna Technologies Inc. - $BYRN
BYRN (overview): Author skeptical after Q2 'kitchen sink': rev -40% (channel overstocking), DTC -34.5%, wholesale -53.8%, intl -66%. New CEO after firing founder who ramped stock <$1 to $30+. Shut ammo plant, cut assembly lines, obsolete inventory charge. <$10M cash, 1yr+ to clear inventory. OCF slightly positive but questions long-term market (glorified paintball guns vs pepper spray). Wouldn't bottom-pick.
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