XMAXNasdaqHousehold FurnitureUS GAAP · USD

XMax Inc.

XMax Inc. is a U.S.-based household furniture company that designs, markets, and sells contemporary residential and commercial furniture through a mix of retail, distributor, e-commerce, staging, and hospitality channels. Its business also includes bedding foundation components and a portfolio of brands such as Nova LifeStyle, Diamond Sofa, and Nova Living, with operations spanning the United States, Malaysia, and other international markets.

Kysy yhtiöstä
Liikevaihto16,7milj. USD
+72,6 %v/v
Liikevoitto (EBIT)−1,9milj. USD
+64,0 %v/v
EBIT-marginaali−11,5%
+43,8 %-yks.v/v
Nettotulos−3,4milj. USD
+38,5 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−30−20−1001020milj. USD2020: 11 milj. USD2020: EBIT −26 milj. USD20202021: 13 milj. USD2021: EBIT −20 milj. USD20212022: 13 milj. USD2022: EBIT −16 milj. USD20222023: 11 milj. USD2023: EBIT −6,4 milj. USD20232024: 9,7 milj. USD2024: EBIT −5,4 milj. USD20242025: 17 milj. USD2025: EBIT −1,9 milj. USD202517−1,9
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: XMax Inc.

Liiketoiminta

Osuus liikevaihdosta
Residential furniture55 %

Contemporary home furnishings sold as individual pieces and coordinated collections.

Commercial furniture20 %

Furniture and furnishing solutions for design, staging, retail, and hospitality use.

Bedding foundation components10 %

Managed bedding-related components sold through third-party manufacturing arrangements.

International retail and distributor sales15 %

Sales to overseas retailers, distributors, and wholesalers serving local markets.

Asiakkaat

XMax sells primarily to distributors, retailers, wholesalers, and other trade customers that serve middle- to higher-end home furnishing buyers. It also reaches design, staging, hospitality, and e-commerce channels, where customers buy trend-driven products and coordinated collections for resale or project use.

Retailers and distributors

Buy furniture for resale in assigned territories and value differentiated designs and pricing.

Wholesalers and private-label buyers

Purchase middle- to higher-end furnishings for their own branded or private-label channels.

Design, staging, and hospitality buyers

Source coordinated furniture collections for projects, showrooms, and guest-facing spaces.

E-commerce and online shoppers

Buy through digital channels for convenience and access to contemporary collections.

Strategia

The company’s strategy centers on shifting its mix toward higher-end, better-aligned furniture products and improving the fit between product design, marketing, and target customers. It also seeks to broaden distribution, strengthen international traction, and use trend-based collections to support repeat launches across retail and project channels.

Upgrade product mixLyhyt aikaväli

Higher-end assortments can improve customer fit and pricing power.

Strengthen international distributionKeskipitkä aikaväli

Broader geographic reach can diversify demand and increase scale.

Integrate design and marketingKeskipitkä aikaväli

Tighter product-market alignment supports brand relevance and sell-through.

Maantiede

Q1/2026

The company operates from the United States with additional activity in Malaysia and broader Asia through its subsidiaries and sales channels. Management discloses that sales are recorded by shipment destination, so geography reflects where customers take delivery rather than only where products are manufactured or booked.

North America100 %
Other countries (US filing)0,1 %

Osuus liikevaihdosta, jonka yhtiö raportoi maantieteellisesti.

Riskit

XMax is exposed to demand swings in furniture, where sales depend on consumer spending, housing activity, and retailer ordering patterns. It also faces sourcing and tariff risk tied to China and other Asian manufacturing locations, along with execution risk around inventory, receivables, and product returns in a principal-based distribution model.

Järjestetty vakavuuden mukaan
Housing and consumer demand weaknessKorkea

Furniture purchases are discretionary and tied to real estate activity.

Kohdistuu: U.S. and international furniture demand

Tariffs and sourcing disruptionKorkea

Products are purchased from China and other Asian manufacturing partners.

Kohdistuu: Imported product costs and availability

Customer concentration and channel dependenceKeskitaso

Sales rely on retailers, distributors, and project channels to place orders.

Kohdistuu: Wholesale and trade customer base

Inventory and working capital pressureKeskitaso

The company must fund inventory ahead of shipment and collection.

KohdistuuStock levelsReceivablesCash conversion
Kysy Clarifolta: XMax Inc.

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition at shipment

Revenue is booked when control transfers, so delivery timing affects quarterly sales.

Vaikutus: Quarterly comparability and reported revenue

Sales reserves and allowances

Discounts, returns, and rebates are recorded as reductions of revenue.

Vaikutus: Net sales and receivables

Inventory valuation and impairment

Fashion-driven product changes can create obsolete or slow-moving stock.

Vaikutus: Gross profit and asset carrying value

Foreign currency translation

Malaysia operations use RM while consolidated reporting is in USD.

Vaikutus: Reported assets, liabilities, and earnings volatility

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Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026

XMax Inc. (XMAX) liikevaihto, tulos ja tunnusluvut 2025 – Clarifo