Business
BrilliA Announces 15 Percent Revenue Growth, Earnings of $2.8 Million, for Year Ended March 31, 2025
SINGAPORE, July 22, 2025--BrilliA Inc (NYSE America: BRIA) ("BRIA" or "the Company"), a comprehensive one-stop service and solution provider for ladies' intimate apparel brands worldwide, today announced that, for the fiscal year ended March 31, 2025, the Company achieved revenue of $64,391,000, a 15 percent improvement compared with revenue of $55,964,000 for the fiscal year ended March 31, 2024.
About this update from Brillia Inc
[{"type":"text","content":"SINGAPORE, July 22, 2025--(BUSINESS WIRE)--BrilliA Inc (NYSE America: BRIA) ("BRIA" or "the Company"), a comprehensive one-stop service and solution provider for ladies' intimate apparel brands worldwide, today announced that, for the fiscal year ended March 31, 2025, the Company achieved revenue of $64,391,000, a 15 percent improvement compared with revenue of $55,964,000 for the fiscal year ended March 31, 2024.","length":441,"tagName":"p"},{"type":"text","content":"The Company reported earnings of $2,819,000 for fiscal 2025, or $0.12 per share, compared with earnings of $3,284,000 for fiscal 2024, or $0.15 per share.","length":154,"tagName":"p"},{"type":"text","content":"BrilliA’s increase in revenue in fiscal 2025 was primarily driven by a significant rise in sales of brassieres, tops, and swimsuits, partially offset by a decline in bodysuit sales. Geographically, the Company’s fastest growing market was North America, whose imports from BrilliA increased by $10,762,000, or 24 percent, in fiscal 2025. This increase was partially offset in Europe, where imports from the Company declined by $3,165,000, or 35.5 percent, compared to fiscal 2024.","length":480,"tagName":"p"},{"type":"text","content":"The Company’s gross profit margin improved to 15.8 percent in fiscal 2025, up from 14.8 percent in fiscal 2024, primarily due to enhanced cost control measures, including more efficient material sourcing and improved management of manufacturing costs.","length":251,"tagName":"p"},{"type":"text","content":"Operating expenses increased by $2,221,000, or 46.6 percent, in fiscal 2025, primarily driven by higher depreciation charges, employee-related costs, and professional fees associated with the Company’s listing activities.","length":221,"tagName":"p"},{"type":"text","content":"As a result of the above-mentioned factors, the Company’s net income for fiscal 2025 decreased by $465,000 compared with the previous fiscal year.","length":146,"tagName":"p"},{"type":"text","content":"Cash and cash equivalents at March 31, 2025, were $7,703,000 compared with $6,384,000 on March 31, 2024. Total liabilities on March 31, 2025, was $10,334,000 compared with $19,048,000 on March 31, 2024.","length":202,"tagName":"p"},{"type":"text","content":"Net cash provided by financing activities in the fiscal year ended March 31, 2025, ...