Recent Updates — BRIA

BrilliA Inc. has acquired a majority equity interest in Neubodi Holdings Sdn. Bhd., an established Malaysian lingerie brand and specialty retailer, effective August 1, 2026. The transaction establishes a branded B2C retail platform for BrilliA, advancing its strategy to diversify beyond its traditional B2B supply and design operations into the Southeast Asian consumer market. Neubodi operates 11 physical stores across Malaysia's Klang Valley, Penang, and Johor, alongside e-commerce channels, and targets approximately US$3 million in net sales with a 10% to 12% net profit margin for the fiscal year ending December 31, 2026. Co-founder Tan See See will remain CEO of Neubodi. BrilliA operates as a comprehensive one-stop service provider for ladies' intimate apparel brands worldwide.

BrilliA Inc reported fiscal year 2026 results ending March 31, 2026, with revenue declining to $49.0 million from $64.4 million due to U.S. tariff-related order cancellations and shipment delays. The company generated positive operating cash flow of $0.3 million and pre-tax income of $0.3 million, while paying $3.3 million in dividends, equivalent to approximately $0.13 per share. BrilliA maintained a debt-free balance sheet with $5.1 million in cash and shareholders' equity of $14.7 million. Preliminary first-quarter results for fiscal 2027 show revenue growth of approximately 13% year-over-year, with management expecting second-quarter revenue to increase by roughly 30%. The company operates in the apparel manufacturing and sourcing industry, providing comprehensive supply chain services for ladies' intimate apparel brands.