Income statement, balance sheet and cash flow statement for the last 3 fiscal years, taken from the XBRL data BrilliA Inc files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2023
FY2025
FY2025
Revenue
52.9
56
64.4
Cost of revenue
28.5
30.7
35.5
Gross profit
9.13
8.64
10.4
Interest expense
0.03
0.01
0.12
Pre-tax income
5.24
3.99
3.62
Income tax
0.89
0.71
0.8
Net income to minority interests
0.01
0
0
Net income
4.35
3.28
2.82
EPS, basic
0.19
0.15
0.12
EPS, diluted
0.19
0.15
0.12
Balance sheet
FY2023
FY2025
FY2025
Cash and equivalents
9.05
6.38
7.7
Receivables
12.2
10.4
Inventory
7.09
7.28
Total current assets
26.2
25.7
Property, plant and equipment
0.1
0.14
Lease right-of-use assets
0.92
0.02
1.58
Total assets
27.2
28.4
Accounts payable
16.7
5.39
Total current liabilities
19
9.04
Lease liabilities
1.3
Total liabilities
19
10.3
Retained earnings
7.49
10.3
Minority interests
0.01
0.02
Total equity
8.07
8.1
18.1
Total liabilities and equity
27.2
28.4
Cash flow statement
FY2023
FY2025
FY2025
Net income
4.36
3.28
2.82
Cash from operations
11.1
0.14
-4.52
Capital expenditures
-0.01
-0.06
-0.07
Cash from investing
-0
0.05
-0.89
Stock issued
7.19
Dividends paid
-6.3
-3.15
Cash from financing
-6.89
-2.75
6.71
Exchange rate effect
-0.04
-0.11
0.02
Net change in cash
4.19
-2.56
1.3
Free cash flow
11.1
0.09
-4.59
Interest paid
0.01
0.12
Key metrics
Worked out from the statements above. Latest values use fiscal 2025. Valuation uses the share price of $1.40 on September 25, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
16.2%
Gross profit / revenue.
Pre-tax margin
5.6%
Pre-tax income / revenue.
Net margin
4.4%
Net income / revenue.
FCF margin
-7.1%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-7.0%
Cash from operations / revenue.
Effective tax rate
22.1%
Income tax / pre-tax income, when pre-tax income is positive.
Return on assets (ROA)
10.1%
Net income / average total assets.
Capex / revenue
0.1%
Capital expenditures / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
15.1%
Revenue vs the same period a year earlier. Only from a positive base.
Gross profit growth, 1y
20.7%
Gross profit vs the same period a year earlier. Only from a positive base.
Net income growth, 1y
-14.2%
Net income vs the same period a year earlier. Only from a positive base.
EPS growth, 1y
-20.0%
EPS vs the same period a year earlier. Only from a positive base.
Operating cash flow growth, 1y
-3,239.0%
Operating cash flow vs the same period a year earlier. Only from a positive base.
Free cash flow growth, 1y
-5,378.0%
Free cash flow vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
4.6%
Total assets vs the same period a year earlier. Only from a positive base.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
2.84x
Current assets / current liabilities.
Quick ratio
2.00x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
0.85x
(Cash + short-term investments) / current liabilities.
Liabilities / assets
36.4%
Total liabilities / total assets.
Working capital
$16.7M
Current assets - current liabilities.
Efficiency
Metric
Value
How it is calculated
Asset turnover
2.32x
Revenue / average total assets.
Fixed asset turnover
550x
Revenue / average property, plant and equipment.
Inventory turnover
4.94x
Cost of revenue / average inventory.
Days inventory
74 days
365 x average inventory / cost of revenue.
Receivables turnover
5.70x
Revenue / average receivables.
Days sales outstanding
64 days
365 x average receivables / revenue.
Days payables
113 days
365 x average accounts payable / cost of revenue.
Cash conversion cycle
25 days
Days inventory + days sales outstanding - days payables.
FCF conversion
-163.1%
Free cash flow / net income, when net income is positive.
Per share
Metric
Value
How it is calculated
EPS, diluted
$0.12
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
EPS, basic
$0.12
Net income per basic share, as reported (split-adjusted).
Valuation
Metric
Value
How it is calculated
Market cap
$42.9M
Share price x shares outstanding.
Enterprise value
$35.2M
Market cap + total debt - cash - short-term investments.
P/E
15.2x
Market cap / net income. Only when net income is positive.
P/S
0.67x
Market cap / revenue.
EV/Sales
0.55x
Enterprise value / revenue.
FCF yield
-10.7%
Free cash flow / market cap.
Earnings yield
6.6%
Net income / market cap (the inverse of P/E).
What was BrilliA Inc's revenue in fiscal 2025?
BrilliA Inc reported revenue of $64.4M for fiscal 2025, 15.1% higher than the year before.
Was BrilliA Inc profitable in fiscal 2025?
Yes. Net income was $2.8M, a net margin of 4.4%.
How much free cash flow did BrilliA Inc generate in fiscal 2025?
Cash from operations of $4.5M minus capital expenditures of $72.0K left free cash flow of -$4.6M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.