The firm holds a $7.7M cash balance, providing a critical liquidity buffer for operations despite the lack of formal cash flow reporting.
| Metric | Mar'25 | Mar'24 | Mar'23 | Mar'22 |
|---|
| Cash from Operations | -4.52M | -177.47K | 11.04M | 3.59M |
| Operating CF Margin % | -7.02% | -0.32% | 20.86% | 5.07% |
| Operating CF Growth % | -2446.84% | -101.61% | 207.39% | - |
| Net Income | 3.62M | 3.77M | 5M | 5.2M |
| Depreciation & Amortization | 459K | 1.22K | 1.31K | 326 |
| Stock-Based Compensation | 0 | 0 | 0 | 0 |
| Deferred Taxes | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -98K | 235.78K | 17.67K | 25.16K |
| Working Capital Changes | -8.5M | -4.18M | 6.03M | -1.64M |
| Change in Receivables | 2.02M | -5.61M | 3.35M | -3.92M |
| Change in Inventory | -187K | -1.36M | 4M | 339.65K |
| Change in Payables | 0 | 0 | 0 | 0 |
| Cash from Investing | -887K | 0 | 0 | -4.89K |
| Capital Expenditures | -72K | 0 | 0 | -4.89K |
| CapEx % of Revenue | 0.11% | - | - | 0.01% |
| Acquisitions | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - |
| Other Investing | 185K | 0 | 0 | 0 |
| Cash from Financing | 6.71M | -2.78M | -6.49M | -4.97M |
| Debt Issued (Net) | -361K | 0 | 0 | 0 |
| Equity Issued (Net) | 1000K | 49.9K | 0 | 0 |
| Dividends Paid | 0 | -2.52M | -6.3M | -1.3M |
| Share Repurchases | 0 | 0 | 0 | 0 |
| Other Financing | -118K | -311.44K | -191.37K | -3.67M |
| Net Change in Cash | 1.32M | -2.96M | 4.55M | -1.39M |
| Free Cash Flow | -4.59M | -177.47K | 11.04M | 3.59M |
| FCF Margin % | -7.13% | -0.32% | 20.86% | 5.06% |
| FCF Growth % | -2487.41% | -101.61% | 207.81% | - |
| FCF per Share | - | -0.01 | 0.55 | 0.18 |
| FCF Conversion (FCF/Net Income) | -1.61x | -0.05x | 2.55x | 0.75x |
| Interest Paid | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 |
Data availability limits visibility
As the company has not provided a formal cash flow statement, the relationship between net income and operating cash flow remains entirely opaque, preventing a definitive assessment of earnings quality or the extent of non-cash accruals currently embedded within the reported 4.37% net margin figures.
Investors should monitor the potential divergence between accounting profits and actual cash generation, particularly given the high-volume distribution model. Without visibility into working capital adjustments, it is impossible to determine if the reported net income is supported by actual cash inflows or if it is heavily reliant on non-cash accounting entries.
Based on the company's operational profile as a high-volume apparel distributor, the efficiency of inventory turnover is likely the primary driver of cash flow, yet the absence of reported cash flow data leaves the actual cash conversion cycle and collection efficiency metrics currently unavailable for analysis.
The thin 16.2% gross margin suggests that any delay in inventory turnover or an accumulation of obsolete stock would immediately pressure the company's liquidity position. Analysts should look for future disclosures regarding days sales outstanding and inventory days to gauge whether the firm is effectively managing its working capital requirements.
According to the company's recent financial disclosures, the $7.7M cash balance represents a significant liquidity buffer, yet the lack of historical cash flow data makes it impossible to determine how management intends to deploy this capital toward future growth or shareholder returns in the coming periods.
The company's conservative debt profile suggests a preference for self-funding, but the idle cash position warrants investigation into whether management has identified viable reinvestment opportunities. Investors should monitor future statements for signs of capital expenditure or strategic acquisitions that would signal a shift from capital preservation to active growth deployment.
As noted in recent industry analysis, the company's classification as an industrial distributor may obscure the cash-intensive nature of apparel retail, where significant cash outflows for inventory procurement and logistics are often masked by the timing of revenue recognition and potential right-of-return liabilities.
The lack of a cash flow statement prevents an assessment of whether the company is capitalizing costs that should be expensed, which could artificially inflate reported profitability. Analysts should remain cautious until a full cash flow statement is provided to confirm that the reported growth is not being achieved at the expense of long-term cash sustainability.
Quick answers to the most common questions about buying BRIA stock.
Brillia Inc (BRIA) generated $-4.5M in net cash from operating activities in 2024. This reflects the cash generated directly from core business operations.
Brillia Inc (BRIA) reported negative free cash flow of $4.6M in 2024, indicating capital requirements exceeded cash from operations.
Brillia Inc (BRIA) spent $0.1M on capital expenditures in 2024. CapEx represents the cash invested in physical assets like property, plant, and equipment to maintain or grow the business.