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BrilliA Reports on NYSE Bell Ringing on August 25th
Businesswire· 2025-09-09 07:22
Core Viewpoint - BrilliA Inc successfully held its opening bell-ringing ceremony at the NYSE on August 25th, 2025, which facilitated productive discussions with investors and financial media [1] Company Summary - BrilliA Inc is a comprehensive one-stop service and solution provider for ladies' intimate apparel brands globally [1] - The company engaged in positive discussions with various media outlets, including NYSE TV, Innovators with Jane King, and Cheddar TV during the ceremony [1]
Diamond Equity Research Releases Update Note on Brillia, Inc. (NYSEAM: BRIA)
GlobeNewswire News Room· 2025-07-24 12:00
Company Overview - Brillia, Inc. was established in 2023 and specializes in the design, production, and distribution of women's intimate apparel across global markets, including North America, the European Union, the Asia-Pacific, Latin America, and the Middle East. The product range includes bras, panties, bodysuits, swimwear, dresses, and related apparel [2]. Financial Performance - For the fiscal year ended March 31, 2025, Brillia reported revenue of $64.39 million, reflecting a 15% increase from $55.96 million in FY 2024, outperforming the forecast of $60.65 million. The growth was primarily driven by strong sales of brassieres, tops, and swimsuits, although partially offset by weaker bodysuit sales [4]. - The company's gross profit margin expanded by 100 basis points to 15.8%, attributed to improved cost controls, efficient material sourcing, and better management of manufacturing expenses [4]. - Operating expenses increased by 46.6%, mainly due to higher depreciation charges, employee-related costs, and professional fees linked to the company's listing activities. Consequently, net earnings declined to $2.82 million ($0.12 per share) from $3.28 million ($0.15 per share) in FY 2024, though it remained ahead of the estimate of $0.09 per share [4]. - Cash and cash equivalents rose to $7.70 million from $6.38 million, supported by $6.71 million in net financing cash inflows, partially offset by an operating cash outflow of $4.52 million [4]. Strategic Initiatives - Brillia expects sustained growth momentum in North America and a potential rebound in European sales through collaboration with Maison Lejaby. The company anticipates an additional $5 million in revenue for FY 2026 from its Cambodia expansion and preferential EU trade benefits [4]. - The anticipated rollout of the DIANA brand across ASEAN markets is expected to drive meaningful revenue contributions and strengthen Brillia's international market presence [4]. - In June 2025, Brillia established a wholly owned subsidiary, Bra Pro Pte. Ltd., in Singapore, aimed at enhancing global design capabilities and solidifying its creative competencies [4]. Valuation Insights - Brillia is transitioning to a high-growth phase with multiple drivers that could enhance its long-term valuation. Key catalysts include the expansion of the DIANA brand across ASEAN markets, cost-efficient manufacturing expansion in Cambodia, and strengthened positioning in European markets through its partnership with Maison Lejaby [4]. - The updated valuation model reflects the latest financial results and revised forecasts, maintaining a valuation of $6.00 per share, contingent upon successful execution by the company [4].
BrilliA Inc to Present at Planet MicroCap Showcase: VEGAS 2025 on April 23 and Hold 1x1 Meetings on April 24
Globenewswire· 2025-04-16 12:30
Core Insights - BrilliA Inc will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, from 1:30-2:00 PM PST, with CEO Kendrew Hartanto hosting the presentation [1] - The company is a comprehensive service provider for ladies' intimate apparel brands, managing various aspects such as sourcing, design, prototyping, supply chain, logistics, and quality control [3] Company Overview - BrilliA Inc collaborates with major global brands including Fruit of the Loom, Hanes Brands Inc., and H&M, indicating a strong position in the intimate apparel market [3] Event Details - The presentation will take place at the Paris Hotel & Casino in Las Vegas, NV, and will include opportunities for 1x1 investor meetings [2] - For those unable to attend the live presentation, webcasts of all company presentations will be available on the conference event platform [2]