Brilliant Earth Group Inc. (BRLT) Financial Statements (2025 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)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Current Assets | ||||||
| Cash, cash equivalents, and short-term investments | 155,809 | 154,649 | 172,865 | |||
| Cash and cash equivalents | 155,809 | 154,649 | 172,865 | |||
| Restricted cash and investments | 211 | 205 | 205 | |||
| Inventory, net of allowances, customer advances and progress billings | 37,788 | 39,331 | 24,743 | |||
| Inventory | 37,788 | 39,331 | 24,743 | |||
| Contract with customer, asset, after allowance for credit loss | 1,000 | 900 | 1,100 | |||
| Other undisclosed current assets | 10,048 | 10,864 | 7,078 | |||
| Total current assets: | 204,856 | 205,949 | 205,991 | |||
| Noncurrent Assets | ||||||
| Operating lease, right-of-use asset | 34,248 | 27,812 | ||||
| Property, plant and equipment | 22,047 | 16,554 | 6,732 | |||
| Deferred income tax assets | 9,745 | 8,948 | 4,407 | |||
| Other noncurrent assets | 2,687 | 3,311 | 601 | |||
| Total noncurrent assets: | 68,727 | 56,625 | 11,740 | |||
| TOTAL ASSETS: | 273,583 | 262,574 | 217,731 | |||
| LIABILITIES AND EQUITY | ||||||
| Liabilities | ||||||
| Current Liabilities | ||||||
| Accounts payable and accrued liabilities | 48,335 | 48,865 | 43,236 | |||
| Accounts payable | 4,511 | 11,032 | 14,480 | |||
| Accrued liabilities | 43,824 | 37,833 | 28,756 | |||
| Deferred revenue | 19,556 | 18,505 | 18,818 | |||
| Debt | 4,063 | 3,250 | 30,789 | |||
| Other undisclosed current liabilities | 4,993 | 3,873 | ||||
| Total current liabilities: | 76,947 | 74,493 | 92,843 | |||
| Noncurrent Liabilities | ||||||
| Long-term debt and lease obligation | 55,573 | 59,462 | 32,789 | |||
| Long-term debt, excluding current maturities | 55,573 | 59,462 | 32,789 | |||
| Liabilities, other than long-term debt | 43,607 | 35,478 | 9,261 | |||
| Accounts payable and accrued liabilities | 8,035 | 6,893 | 3,775 | |||
| Deferred rent credit | 2,507 | |||||
| Other liabilities | 48 | 2,979 | ||||
| Operating lease, liability | 35,572 | 28,537 | ||||
| Total noncurrent liabilities: | 99,180 | 94,940 | 42,050 | |||
| Total liabilities: | 176,127 | 169,433 | 134,893 | |||
| Equity | ||||||
| Equity, attributable to parent, including: | 12,532 | 10,929 | 8,403 | |||
| Treasury stock, value | ||||||
| Additional paid in capital | 8,275 | 7,256 | 6,865 | |||
| Retained earnings | 4,247 | 3,663 | 1,528 | |||
| Other undisclosed equity, attributable to parent | 10 | 10 | 10 | |||
| Equity, attributable to noncontrolling interest | 84,924 | 82,212 | 74,435 | |||
| Total equity: | 97,456 | 93,141 | 82,838 | |||
| TOTAL LIABILITIES AND EQUITY: | 273,583 | 262,574 | 217,731 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Revenues | 446,382 | 439,882 | 380,189 | ||
| Cost of revenue (Cost of Goods and Services Sold) | (189,382) | (205,591) | (192,768) | ||
| Gross profit: | 257,000 | 234,291 | 187,421 | ||
| Operating expenses | (252,518) | (210,964) | (147,291) | ||
| Operating income: | 4,482 | 23,327 | 40,130 | ||
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 4,949 | 805 | (6,601) | ||
| Interest and debt expense | (5,128) | (5,275) | (7,589) | ||
| Income from continuing operations before income taxes: | 4,303 | 18,857 | 25,940 | ||
| Income tax benefit | 431 | 168 | 316 | ||
| Income from continuing operations: | 4,734 | 19,025 | 26,256 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 26,256 | |
| Net income: | 4,734 | 19,025 | 26,256 | ||
| Net loss attributable to noncontrolling interest | (4,150) | (16,890) | (24,728) | ||
| Net income attributable to parent: | 584 | 2,135 | 1,528 | ||
| Preferred stock dividends and other adjustments | 327,189 | ||||
| Net income available to common stockholders, basic: | 584 | 2,135 | 328,717 | ||
| Other undisclosed net income available to common stockholders, diluted | 3,069 | 12,521 | |||
| Net income available to common stockholders, diluted: | 3,653 | 14,656 | 328,717 | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|---|---|
| Net income: | 4,734 | 19,025 | 26,256 | ||
| Comprehensive income: | 4,734 | 19,025 | 26,256 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (4,150) | (16,890) | (24,728) | ||
| Comprehensive income, net of tax, attributable to parent: | 584 | 2,135 | 1,528 | ||
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.