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Side-by-side financial comparison of Byrna Technologies Inc. (BYRN) and Namib Minerals (NAMM). Click either name above to swap in a different company.

Namib Minerals is the larger business by last-quarter revenue ($41.9M vs $35.2M, roughly 1.2× Byrna Technologies Inc.). Byrna Technologies Inc. produced more free cash flow last quarter ($8.1M vs $7.4M).

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.

Namib Minerals is a Namibia-based natural resources firm focused on exploration, development and extraction of high-demand mineral deposits including uranium, copper and lithium. It operates across licensed southern African sites, supplying raw materials to global clean energy, construction and electronics manufacturing sectors.

BYRN vs NAMM — Head-to-Head

Bigger by revenue
NAMM
NAMM
1.2× larger
NAMM
$41.9M
$35.2M
BYRN
More free cash flow
BYRN
BYRN
$772.0K more FCF
BYRN
$8.1M
$7.4M
NAMM

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
BYRN
BYRN
NAMM
NAMM
Revenue
$35.2M
$41.9M
Net Profit
$3.4M
Gross Margin
59.8%
45.7%
Operating Margin
11.2%
29.8%
Net Margin
9.5%
Revenue YoY
26.0%
Net Profit YoY
-65.2%
EPS (diluted)
$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
NAMM
NAMM
Q4 25
$35.2M
Q3 25
$28.2M
Q2 25
$28.5M
$41.9M
Q1 25
$26.2M
Q4 24
$28.0M
Q3 24
$20.9M
Q2 24
$20.3M
Q1 24
$16.7M
Net Profit
BYRN
BYRN
NAMM
NAMM
Q4 25
$3.4M
Q3 25
$2.2M
Q2 25
$2.4M
Q1 25
$1.7M
Q4 24
$9.7M
Q3 24
$1.0M
Q2 24
$2.1M
Q1 24
$17.0K
Gross Margin
BYRN
BYRN
NAMM
NAMM
Q4 25
59.8%
Q3 25
60.1%
Q2 25
61.6%
45.7%
Q1 25
60.8%
Q4 24
62.8%
Q3 24
62.4%
Q2 24
62.0%
Q1 24
57.9%
Operating Margin
BYRN
BYRN
NAMM
NAMM
Q4 25
11.2%
Q3 25
10.2%
Q2 25
11.7%
29.8%
Q1 25
6.5%
Q4 24
14.6%
Q3 24
4.0%
Q2 24
9.4%
Q1 24
-1.0%
Net Margin
BYRN
BYRN
NAMM
NAMM
Q4 25
9.5%
Q3 25
7.9%
Q2 25
8.5%
Q1 25
6.3%
Q4 24
34.6%
Q3 24
4.9%
Q2 24
10.2%
Q1 24
0.1%
EPS (diluted)
BYRN
BYRN
NAMM
NAMM
Q4 25
$0.14
Q3 25
$0.09
Q2 25
$0.10
Q1 25
$0.07
Q4 24
$0.42
Q3 24
$0.04
Q2 24
$0.09
Q1 24
$0.00

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BYRN
BYRN
NAMM
NAMM
Q4 25
$15.5M
Q3 25
$9.0M
Q2 25
Q1 25
$19.3M
Q4 24
$25.7M
Q3 24
$20.1M
Q2 24
$24.8M
Q1 24
$24.2M
Stockholders' Equity
BYRN
BYRN
NAMM
NAMM
Q4 25
$65.8M
Q3 25
$63.1M
Q2 25
$60.1M
Q1 25
$56.8M
Q4 24
$54.4M
Q3 24
$44.5M
Q2 24
$45.3M
Q1 24
$43.2M
Total Assets
BYRN
BYRN
NAMM
NAMM
Q4 25
$84.5M
Q3 25
$78.6M
Q2 25
Q1 25
$71.0M
Q4 24
$71.9M
Q3 24
$59.0M
Q2 24
$57.5M
Q1 24
$52.7M

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
NAMM
NAMM
Operating Cash FlowLast quarter
$9.9M
$11.4M
Free Cash FlowOCF − Capex
$8.1M
$7.4M
FCF MarginFCF / Revenue
23.1%
17.6%
Capex IntensityCapex / Revenue
5.1%
9.6%
Cash ConversionOCF / Net Profit
2.95×
TTM Free Cash FlowTrailing 4 quarters
$-9.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BYRN
BYRN
NAMM
NAMM
Q4 25
$9.9M
Q3 25
$-2.3M
Q2 25
$-5.5M
$11.4M
Q1 25
$-3.8M
Q4 24
$7.3M
Q3 24
$-1.4M
Q2 24
$1.9M
Q1 24
$3.9M
Free Cash Flow
BYRN
BYRN
NAMM
NAMM
Q4 25
$8.1M
Q3 25
$-4.5M
Q2 25
$-6.4M
$7.4M
Q1 25
$-6.4M
Q4 24
$6.3M
Q3 24
$-2.1M
Q2 24
$1.4M
Q1 24
$3.8M
FCF Margin
BYRN
BYRN
NAMM
NAMM
Q4 25
23.1%
Q3 25
-16.0%
Q2 25
-22.4%
17.6%
Q1 25
-24.5%
Q4 24
22.5%
Q3 24
-10.0%
Q2 24
7.0%
Q1 24
22.6%
Capex Intensity
BYRN
BYRN
NAMM
NAMM
Q4 25
5.1%
Q3 25
8.0%
Q2 25
3.3%
9.6%
Q1 25
10.1%
Q4 24
3.4%
Q3 24
3.3%
Q2 24
2.6%
Q1 24
1.0%
Cash Conversion
BYRN
BYRN
NAMM
NAMM
Q4 25
2.95×
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%

NAMM
NAMM

Segment breakdown not available.

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