Brilliant Earth Group Inc. (BRLT) Financial Statements (2024 and earlier)

Company Profile

Business Address 300 GRANT AVENUE
SAN FRANCISCO, CA 94108
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 391 - Jewelry, Silverware, And Plated Ware (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2024
MRQ
12/31/2023
12/31/2022
12/31/2021
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments155,809154,649172,865
Cash and cash equivalents155,809154,649172,865
Restricted cash and investments211205205
Inventory, net of allowances, customer advances and progress billings37,78839,33124,743
Inventory37,78839,33124,743
Contract with customer, asset, after allowance for credit loss1,0009001,100
Other undisclosed current assets10,04810,8647,078
Total current assets:204,856205,949205,991
Noncurrent Assets
Operating lease, right-of-use asset34,24827,812 
Property, plant and equipment22,04716,5546,732
Deferred income tax assets9,7458,9484,407
Other noncurrent assets2,6873,311601
Total noncurrent assets:68,72756,62511,740
TOTAL ASSETS:273,583262,574217,731
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities48,33548,86543,236
Accounts payable4,51111,03214,480
Accrued liabilities43,82437,83328,756
Deferred revenue19,55618,50518,818
Debt4,0633,25030,789
Other undisclosed current liabilities4,9933,873 
Total current liabilities:76,94774,49392,843
Noncurrent Liabilities
Long-term debt and lease obligation55,57359,46232,789
Long-term debt, excluding current maturities55,57359,46232,789
Liabilities, other than long-term debt43,60735,4789,261
Accounts payable and accrued liabilities8,0356,8933,775
Deferred rent credit   2,507
Other liabilities  482,979
Operating lease, liability35,57228,537 
Total noncurrent liabilities:99,18094,94042,050
Total liabilities:176,127169,433134,893
Equity
Equity, attributable to parent, including:12,53210,9298,403
Treasury stock, value   
Additional paid in capital8,2757,2566,865
Retained earnings4,2473,6631,528
Other undisclosed equity, attributable to parent101010
Equity, attributable to noncontrolling interest84,92482,21274,435
Total equity:97,45693,14182,838
TOTAL LIABILITIES AND EQUITY:273,583262,574217,731

Income Statement (P&L) ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Revenues446,382439,882380,189
Cost of revenue
(Cost of Goods and Services Sold)
(189,382)(205,591)(192,768)
Gross profit:257,000234,291187,421
Operating expenses(252,518)(210,964)(147,291)
Operating income:4,48223,32740,130
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
4,949805(6,601)
Interest and debt expense(5,128)(5,275)(7,589)
Income from continuing operations before income taxes:4,30318,85725,940
Income tax benefit431168316
Income from continuing operations:4,73419,02526,256
Income before gain (loss) on sale of properties:26,256
Net income:4,73419,02526,256
Net loss attributable to noncontrolling interest(4,150)(16,890)(24,728)
Net income attributable to parent:5842,1351,528
Preferred stock dividends and other adjustments   327,189
Net income available to common stockholders, basic:5842,135328,717
Other undisclosed net income available to common stockholders, diluted3,06912,521 
Net income available to common stockholders, diluted:3,65314,656328,717

Comprehensive Income ($ in thousands)

3/31/2024
TTM
12/31/2023
12/31/2022
12/31/2021
Net income:4,73419,02526,256
Comprehensive income:4,73419,02526,256
Comprehensive loss, net of tax, attributable to noncontrolling interest(4,150)(16,890)(24,728)
Comprehensive income, net of tax, attributable to parent:5842,1351,528

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: