Brillia (BRIA) investor relations material

Executive summary

• Fiscal 2026 saw resilient performance amid global apparel industry disruptions, with positive operating cash flow and pre-tax profitability maintained.

• Revenue declined to $49.0 million from $64.4 million year-over-year due to U.S. tariff impacts and order cancellations.

• Investments continued in workforce, sourcing, product development, and brand portfolio expansion, positioning for growth in fiscal 2027.

• Strategic collaborations and new market initiatives were advanced to diversify revenue and strengthen market position.

Financial highlights

• Revenue for fiscal 2026 was $49.0 million, down from $64.4 million in fiscal 2025, mainly due to U.S. tariff-related order cancellations.

• Gross profit was $7.0 million, with a gross margin of 14.3%, reflecting disciplined cost management.

• Pre-tax income was $0.3 million; net loss attributable to shareholders was $(0.01) per diluted share.

• Positive operating cash flow of $0.3 million, a $4.8 million improvement year-over-year.

• $3.3 million returned to shareholders via dividends, with a debt-free balance sheet and $5.1 million in cash at year-end.

Outlook and guidance

• Preliminary Q1 fiscal 2027 revenue increased approximately 13% year-over-year; Q2 revenue expected to rise about 30% year-over-year.

• Management anticipates a return to sustainable growth, supported by a strengthening sales pipeline and ongoing investments.