Brillia (BRIA) H2 2024 earnings summary

Executive summary

• Achieved revenue of $64.4 million for fiscal year ended March 31, 2025, up 15% year-over-year.

• Net income was $2.8 million, down from $3.3 million in the prior year.

• Growth driven by strong sales in brassieres, tops, and swimsuits, with North America as the fastest-growing market.

Financial highlights

• Revenue increased to $64.4 million from $56.0 million year-over-year.

• Net income decreased to $2.8 million from $3.3 million year-over-year.

• Gross profit margin improved to 15.8% from 14.8% year-over-year.

• Operating expenses rose by 46.6%, mainly due to higher depreciation, employee costs, and listing-related professional fees.

• Earnings per share were $0.12, down from $0.15 year-over-year.

Outlook and guidance

• North American sales expected to continue growing despite tariff headwinds.

• European sales anticipated to improve through partnership with Maison Lejaby.

• Expansion in Cambodia expected to add at least $5 million to fiscal 2026 revenue and enable duty-free access to Canada and preferential EU treatment.

• Proprietary DIANA brand projected to generate additional revenue in Indonesia, Singapore, and ASEAN markets.