Brilliant AG

Brilliant AG maintains a debt-to-equity ratio of 0.79, indicating a moderate reliance on debt financing, and a current ratio of 1.4, suggesting it has sufficient short-term assets to cover its short-term liabilities. However, the company reported negative operating cash flow of EUR -748,000, which raises concerns about its ability to fund operations from core business activities [doc:HA-latest]. The company's profitability is modest, with a return on equity of 16.76% and a return on assets of 4.47%. These figures are below the typical thresholds for high-performing firms in the Construction Supplies & Fixtures industry, indicating that Brilliant AG is not generating strong returns relative to its equity and asset base [doc:HA-latest]. Brilliant AG operates in a single business segment focused on lighting products for both indoor and outdoor living areas. The company's geographic exposure is primarily in Germany, with additional operations in the Netherlands, France, China, Spain, and Germany. There is no indication of significant revenue concentration in any one region, but the company's primary market remains Europe [doc:HA-latest]. The company's growth trajectory appears mixed. While the most recent actual revenue of EUR 99.59 million exceeds the reported revenue of EUR 72.99 million, this may reflect timing differences or adjustments in reporting periods. The company's free cash flow of EUR 1.56 million suggests some capacity for reinvestment or shareholder returns, but the negative operating cash flow indicates ongoing operational challenges [doc:HA-latest]. The risk assessment highlights a medium liquidity risk and a low dilution risk. The company's net cash position is negative after subtracting total debt, which could constrain its ability to fund operations or pursue growth opportunities without external financing. No significant dilution sources are identified in the current data [doc:HA-latest]. Recent financial filings and transcripts do not provide additional insights into the company's strategic direction or operational performance. The most recent actual EPS of EUR 13.08 and revenue of EUR 99.59 million suggest some level of performance, but the discrepancy with the reported financial snapshot indicates the need for further analysis of the underlying data [doc:, ].