Reported Earnings • Aug 04
Full year 2026 earnings released: US$0.001 loss per share (vs US$0.12 profit in FY 2025) Full year 2026 results: US$0.001 loss per share (down from US$0.12 profit in FY 2025). Revenue: US$49.0m (down 24% from FY 2025). Net loss: US$17.0k (down 101% from profit in FY 2025). Profit margin: 0% (down from 4.4% in FY 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 20% p.a. on average during the next 2 years, compared to a 3.5% growth forecast for the Retail Distributors industry in the US. Duyuru • Aug 01
BrilliA Incorporated Provides Earnings Guidance for the Second Quarter of 2027 BrilliA Incorporated provided earnings guidance for the second quarter of 2027. BrilliA has entered fiscal 2027 with improving momentum. Based on preliminary unaudited results for the first quarter ended June 30, 2026, revenue increased approximately 13% compared with the prior-year period. Based on confirmed orders and the current sales pipeline, and barring significant adverse geopolitical or macroeconomic developments, the Company currently expects second-quarter revenue to increase approximately 30% year-on-year. New Risk • Jul 30
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). High level of non-cash earnings (67% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (US$34.3m market cap). Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$1.25, the stock trades at a trailing P/E ratio of 22.2x. Average forward P/E is 12x in the Retail Distributors industry in the US. Total loss to shareholders of 44% over the past year. New Risk • Jun 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 180% Paying a dividend despite having no free cash flows. High level of non-cash earnings (67% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (US$33.7m market cap). Valuation Update With 7 Day Price Move • Jun 08
Investor sentiment deteriorates as stock falls 29% After last week's 29% share price decline to US$1.10, the stock trades at a trailing P/E ratio of 19.5x. Average forward P/E is 12x in the Retail Distributors industry in the US. Total loss to shareholders of 53% over the past year. Reported Earnings • Mar 30
First half 2026 earnings released: EPS: US$0.002 (vs US$0.045 in 1H 2025) First half 2026 results: EPS: US$0.002 (down from US$0.045 in 1H 2025). Revenue: US$24.6m (down 10% from 1H 2025). Net income: US$41.0k (down 96% from 1H 2025). Profit margin: 0.2% (down from 4.1% in 1H 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.8% p.a. on average during the next 3 years, compared to a 3.9% growth forecast for the Retail Distributors industry in the US. New Risk • Mar 25
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 5.3% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (67% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (US$55.3m market cap). New Risk • Feb 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (121% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Market cap is less than US$100m (US$63.1m market cap). Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to US$1.73, the stock trades at a trailing P/E ratio of 18.8x. Average forward P/E is 14x in the Retail Distributors industry in the US. Total loss to shareholders of 54% over the past year. Valuation Update With 7 Day Price Move • Sep 11
Investor sentiment deteriorates as stock falls 42% After last week's 42% share price decline to US$2.40, the stock trades at a trailing P/E ratio of 26.1x. Average forward P/E is 11x in the Retail Distributors industry in the US. New Risk • Sep 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of American stocks, typically moving 20% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). High level of non-cash earnings (121% accrual ratio). Minor Risk Market cap is less than US$100m (US$78.4m market cap). Duyuru • Sep 04
BrilliA Inc Declares Cash Dividend, Payable on September 30, 2025 BrilliA Inc. declared a cash dividend of USD 0.133 per Class A share, representing an aggregate distribution of USD 2,992,500 across 22.5 million Class A shares outstanding. The dividend will be payable on September 30, 2025, to shareholders of record as of September 15, 2025. Valuation Update With 7 Day Price Move • Aug 26
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$2.64, the stock trades at a trailing P/E ratio of 28.7x. Average forward P/E is 13x in the Retail Distributors industry in the US. Duyuru • Aug 04
BrilliA Inc Announces Board and Committee Changes On July 30, 2025, Karl-Heinz Barth tendered his resignation as a director, Chairman of Compensation Committee, member of Nominating and Corporate Governance Committee and Audit Committee of BrilliA Inc, effective July 30, 2025. Karl-Heinz Barth’s resignation was not a result of any disagreement with the Company’s operations, policies or procedures. On July 31, 2025, approved by the Board of Directors, the Nominating Committee and the Compensation Committee of the Company, Iming Bahari was appointed as the Chair of Compensation Committee, effective July 31, 2025. Iming Bahari has been a director and a member of the Compensation Committee, Audit Committee and Nominating Committee prior to Karl-Heinz Barth’s resignation. The term shall continue until Iming Bahari’s successor is duly elected and qualified. The Board of Directors may terminate the position as a director for any or no reason. The position shall be up for re-appointment every year by the Board of Directors of the Company. Reported Earnings • Jul 22
First quarter 2025 earnings released First quarter 2025 results: Net income: (flat on 1Q 2024). Revenue is forecast to grow 82% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Retail Distributors industry in the US. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 31% After last week's 31% share price gain to US$2.40, the stock trades at a trailing P/E ratio of 23.4x. Average trailing P/E is 19x in the Retail Distributors industry in the US. New Risk • Apr 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 13% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (US$58.5m market cap). Valuation Update With 7 Day Price Move • Apr 14
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.89, the stock trades at a trailing P/E ratio of 18.4x. Average trailing P/E is 18x in the Retail Distributors industry in the US. Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to US$2.12, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 18x in the Retail Distributors industry in the US. Valuation Update With 7 Day Price Move • Mar 10
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$2.70, the stock trades at a trailing P/E ratio of 26.3x. Average trailing P/E is 15x in the Retail Distributors industry in the US. New Risk • Feb 07
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: US$96.8m This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Less than 3 years of financial data is available. Profit margins are more than 30% lower than last year (5.6% net profit margin). Market cap is less than US$100m (US$96.8m market cap). Duyuru • Nov 29
Brillia Inc has completed an IPO in the amount of $10 million. Brillia Inc has completed an IPO in the amount of $10 million.
Security Name: Class A Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,500,000
Price\Range: $4
Discount Per Security: $0.28 
