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October 8 , 2021 byrna Technologies Inc. Byrna Technologies Reports FY 2021 Third Quarter Results ANDOVER , Mass . , Oct. 8 , 2021 / PRNewswire / --Byrna Technologies Inc. ( NASDAQ : BYRN ) ( " Byrna " or " the Company " ) today announced financial results for its fiscal third quarter ended August 31 , 2021 ( " Q3 FY21 " ) . byrna Third Quarter 2021 Highlights Financial • Revenues rose 107.3 % to $ 8.7 million from $ 4.2 million in last year's third quarter • Gross profit increased by 129.6 % to $ 4.9 million from $ 2.1 million in last year's third quarter • Gross margin improved to 56.2 % from 50.7 % in last year's third quarter • Available cash of $ 58.4 million at August 31 , 2021 Operational Acquired assets of Ballistipax® and introduced " Byrna Shield " product line Introduced new products ranging from a price point personal safety alarm at $ 29.99 to the Byrna Mission - 4 and Byrna Shield at $ 899 • Commenced sales of Byrna products at 82 Bi - Mart stores in the Pacific Northwest • Commenced sales on Amazon.com e - commerce platform " Growing brand awareness , the introduction of new Byrna products and increased international sales drove the increase in Q3 FY21 net revenues , " said Bryan Ganz , CEO of Byrna . " Although sales were anchored by our e - commerce platform , we started to experience strong growth in international dealer sales . Revenue growth in Q3FY21 did not include any material contribution from Byrna's dedicated Amazon store that commenced sales in late August 2021 , however , we expect to see Amazon become an increasingly important sales channel over time . Over the last month Amazon sessions grew from approximately 750 per day the first week of September to approximately 3,000 sessions per day the last week of September . While this is still only 15 % of the daily sessions on Byrna's own website , it is growing rapidly and we expect to see traffic to our Amazon storefront