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Side-by-side financial comparison of Byrna Technologies Inc. (BYRN) and GOLD RESOURCE CORP (GORO). Click either name above to swap in a different company.

GOLD RESOURCE CORP is the larger business by last-quarter revenue ($51.3M vs $35.2M, roughly 1.5× Byrna Technologies Inc.). GOLD RESOURCE CORP runs the higher net margin — 35.1% vs 9.5%, a 25.5% gap on every dollar of revenue. On growth, GOLD RESOURCE CORP posted the faster year-over-year revenue change (295.5% vs 26.0%). GOLD RESOURCE CORP produced more free cash flow last quarter ($15.3M vs $8.1M). Over the past eight quarters, GOLD RESOURCE CORP's revenue compounded faster (65.6% CAGR vs 45.5%).

Byrna Technologies Inc. designs, manufactures and markets innovative less-lethal personal safety and self-defense products, including handheld kinetic launchers, specialized non-lethal projectiles and related accessories. Its core customer segments cover individual consumers, law enforcement agencies, private security firms and educational institutions, with primary markets across North America and expanding global distribution networks.

Gold Springs Resource Corp is a Canadian company that is pursuing the development of the Gold Springs gold-silver mine on the border of Utah and Nevada in the United States. Headquartered in Vancouver, the company is listed on the Toronto Stock Exchange in Canada and the OTCQX market exchange in the US. The company was founded in 2006 as the South American Silver Corporation, an equity carve-out of the General Minerals Corporation, to pursue exploration and development of the Malku Khota and ...

BYRN vs GORO — Head-to-Head

Bigger by revenue
GORO
GORO
1.5× larger
GORO
$51.3M
$35.2M
BYRN
Growing faster (revenue YoY)
GORO
GORO
+269.5% gap
GORO
295.5%
26.0%
BYRN
Higher net margin
GORO
GORO
25.5% more per $
GORO
35.1%
9.5%
BYRN
More free cash flow
GORO
GORO
$7.2M more FCF
GORO
$15.3M
$8.1M
BYRN
Faster 2-yr revenue CAGR
GORO
GORO
Annualised
GORO
65.6%
45.5%
BYRN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
BYRN
BYRN
GORO
GORO
Revenue
$35.2M
$51.3M
Net Profit
$3.4M
$18.0M
Gross Margin
59.8%
51.5%
Operating Margin
11.2%
38.9%
Net Margin
9.5%
35.1%
Revenue YoY
26.0%
295.5%
Net Profit YoY
-65.2%
261.6%
EPS (diluted)
$0.14
$0.14

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BYRN
BYRN
GORO
GORO
Q4 25
$35.2M
$51.3M
Q3 25
$28.2M
$24.9M
Q2 25
$28.5M
$11.2M
Q1 25
$26.2M
$12.4M
Q4 24
$28.0M
$13.0M
Q3 24
$20.9M
$13.3M
Q2 24
$20.3M
$20.8M
Q1 24
$16.7M
$18.7M
Net Profit
BYRN
BYRN
GORO
GORO
Q4 25
$3.4M
$18.0M
Q3 25
$2.2M
$-4.7M
Q2 25
$2.4M
$-11.5M
Q1 25
$1.7M
$-8.3M
Q4 24
$9.7M
$-11.1M
Q3 24
$1.0M
$-12.7M
Q2 24
$2.1M
$-27.0M
Q1 24
$17.0K
$-5.7M
Gross Margin
BYRN
BYRN
GORO
GORO
Q4 25
59.8%
51.5%
Q3 25
60.1%
25.0%
Q2 25
61.6%
-39.4%
Q1 25
60.8%
-11.8%
Q4 24
62.8%
-46.7%
Q3 24
62.4%
-65.3%
Q2 24
62.0%
-17.3%
Q1 24
57.9%
-11.6%
Operating Margin
BYRN
BYRN
GORO
GORO
Q4 25
11.2%
38.9%
Q3 25
10.2%
-14.9%
Q2 25
11.7%
-102.4%
Q1 25
6.5%
-63.1%
Q4 24
14.6%
-96.9%
Q3 24
4.0%
-122.7%
Q2 24
9.4%
-52.1%
Q1 24
-1.0%
-40.4%
Net Margin
BYRN
BYRN
GORO
GORO
Q4 25
9.5%
35.1%
Q3 25
7.9%
-18.7%
Q2 25
8.5%
-102.3%
Q1 25
6.3%
-67.3%
Q4 24
34.6%
-85.9%
Q3 24
4.9%
-95.5%
Q2 24
10.2%
-129.9%
Q1 24
0.1%
-30.4%
EPS (diluted)
BYRN
BYRN
GORO
GORO
Q4 25
$0.14
$0.14
Q3 25
$0.09
$-0.03
Q2 25
$0.10
$-0.09
Q1 25
$0.07
$-0.07
Q4 24
$0.42
$-0.11
Q3 24
$0.04
$-0.14
Q2 24
$0.09
$-0.30
Q1 24
$0.00
$-0.06

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BYRN
BYRN
GORO
GORO
Cash + ST InvestmentsLiquidity on hand
$15.5M
$25.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$65.8M
$44.0M
Total Assets
$84.5M
$184.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYRN
BYRN
GORO
GORO
Q4 25
$15.5M
$25.0M
Q3 25
$9.0M
$9.8M
Q2 25
$12.7M
Q1 25
$19.3M
$4.9M
Q4 24
$25.7M
$1.6M
Q3 24
$20.1M
$1.4M
Q2 24
$24.8M
$5.3M
Q1 24
$24.2M
$5.7M
Stockholders' Equity
BYRN
BYRN
GORO
GORO
Q4 25
$65.8M
$44.0M
Q3 25
$63.1M
$26.0M
Q2 25
$60.1M
$19.2M
Q1 25
$56.8M
$24.6M
Q4 24
$54.4M
$27.3M
Q3 24
$44.5M
$37.9M
Q2 24
$45.3M
$49.8M
Q1 24
$43.2M
$74.9M
Total Assets
BYRN
BYRN
GORO
GORO
Q4 25
$84.5M
$184.1M
Q3 25
$78.6M
$164.3M
Q2 25
$155.1M
Q1 25
$71.0M
$147.7M
Q4 24
$71.9M
$145.9M
Q3 24
$59.0M
$154.5M
Q2 24
$57.5M
$161.5M
Q1 24
$52.7M
$182.8M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BYRN
BYRN
GORO
GORO
Operating Cash FlowLast quarter
$9.9M
$24.2M
Free Cash FlowOCF − Capex
$8.1M
$15.3M
FCF MarginFCF / Revenue
23.1%
29.8%
Capex IntensityCapex / Revenue
5.1%
17.3%
Cash ConversionOCF / Net Profit
2.95×
1.34×
TTM Free Cash FlowTrailing 4 quarters
$-9.2M
$644.0K

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYRN
BYRN
GORO
GORO
Q4 25
$9.9M
$24.2M
Q3 25
$-2.3M
$-325.0K
Q2 25
$-5.5M
$-1.3M
Q1 25
$-3.8M
$-828.0K
Q4 24
$7.3M
$1.3M
Q3 24
$-1.4M
$-3.4M
Q2 24
$1.9M
$-63.0K
Q1 24
$3.9M
$1.5M
Free Cash Flow
BYRN
BYRN
GORO
GORO
Q4 25
$8.1M
$15.3M
Q3 25
$-4.5M
$-7.8M
Q2 25
$-6.4M
$-3.8M
Q1 25
$-6.4M
$-3.0M
Q4 24
$6.3M
$58.0K
Q3 24
$-2.1M
$-5.7M
Q2 24
$1.4M
$-2.1M
Q1 24
$3.8M
$-512.0K
FCF Margin
BYRN
BYRN
GORO
GORO
Q4 25
23.1%
29.8%
Q3 25
-16.0%
-31.3%
Q2 25
-22.4%
-34.2%
Q1 25
-24.5%
-24.4%
Q4 24
22.5%
0.4%
Q3 24
-10.0%
-43.1%
Q2 24
7.0%
-10.0%
Q1 24
22.6%
-2.7%
Capex Intensity
BYRN
BYRN
GORO
GORO
Q4 25
5.1%
17.3%
Q3 25
8.0%
30.0%
Q2 25
3.3%
22.6%
Q1 25
10.1%
17.7%
Q4 24
3.4%
9.8%
Q3 24
3.3%
17.7%
Q2 24
2.6%
9.7%
Q1 24
1.0%
10.7%
Cash Conversion
BYRN
BYRN
GORO
GORO
Q4 25
2.95×
1.34×
Q3 25
-1.01×
Q2 25
-2.25×
Q1 25
-2.27×
Q4 24
0.75×
Q3 24
-1.36×
Q2 24
0.93×
Q1 24
231.88×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BYRN
BYRN

E Commerce$23.0M65%
Wholesale Dealerdistributors$10.9M31%
Other$1.3M4%

GORO
GORO

Segment breakdown not available.

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