Braiin Limited (BRAI) Registration filing summary

Company overview and business model

• Operates as a technology group with proprietary AI/ML platforms across AgTech, PropTech, and CXaaS verticals, targeting inefficiencies in analog sectors and enabling data-driven decision-making.

• AgTech platform leverages autonomous aerial robots, IoT, and AI for precision agriculture, crop health, and resource optimization.

• PropTech division provides AI-powered utility connection, bill comparison, and household expense management, with a focus on recurring revenue and embedded finance.

• CXaaS platform integrates AI-driven customer engagement, analytics, and workforce management, enhanced by the acquisition of VIS Networks.

• Growth strategy includes cross-selling, geographic expansion, and strategic acquisitions in developed and emerging markets.

Financial performance and metrics

• For the year ended June 30, 2025, consolidated revenue was $477,075, with a net loss after tax of $1,972,954.

• Cash and cash equivalents as of June 30, 2025, were $110,779, with a net working capital deficit of $4,863,959 and net liabilities of $4,779,266.

• Pro forma combined revenue for the group (including acquisitions) for the year ended June 30, 2025, was $73.4 million, with a pro forma net loss of $14.3 million.

• Key subsidiaries (VIS Networks, Connect Simple, Mirragin, Nisus) are profitable and cash-flow positive, with VIS Networks reporting $61.98 million in revenue and $1.9 million net profit for FY25.

• Subsequent equity placements and SAFE note conversions post-year-end improved liquidity and reduced debt.

Use of proceeds and capital allocation

• No proceeds will be received by the company from the direct listing; all shares sold are by existing shareholders.

• Capital allocation focuses on contract fulfillment, technology deployment, workforce expansion, and administration to support growth and profitability.

• Future funding needs estimated at $20.8 million to achieve projected profitability, with plans to use a mix of equity and debt financing as needed.