BrilliA Inc
For the period ended Mar 24, 2026. Filed Mar 24, 2026.
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Mar 24, 2026 · Filed Mar 24, 2026
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EX-99.1 · Services for order management solution
Services for order management solution
The Company recognizes revenue from delivery of its in-house management solutions for the ladies’ intimates supply chain to customers. The company acts as an appointed agent, providing management services from order allocation to CMTP (cut, manufacturing, trimming, and packing) contract manufacturers, logistics arrangements for export of the finished goods to the specified location as instructed by the customer. The service fees are determined based on an agreed percentage of the exported value of the goods on an order-by-order basis. The revenue was recognized at the point when the customer goods are exported according to the sales order shipping terms where the Company performance obligations are satisfied.
| 3 | SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (cont.) |
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