XMax Inc. Announces Fiscal Year 2025 Financial Results [Yahoo! Finance]
XMAX, Inc. (XWIN)
Company Research
Source: Yahoo! Finance
COMMERCE, Calif., April 15, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ: XWIN) (formerly Nova LifeStyle, Inc.), a distributor of contemporary styled residential and commercial furniture and new player in artificial intelligence technologies, today announced financial results for the fiscal year ended December 31, 2025. Fiscal Year 2025 Financial Highlights Net Sales: $16.7 million, up 73% from $9.7 million in fiscal year 2024 Gross Profit: $4.2 million, representing a 25% gross margin and a decrease from gross profit of $4.25 million and gross margin of 44% for fiscal year 2024 Net Loss: $(3.4) million, improved from $(5.6) million in fiscal year 2024 Cash and Cash Equivalents: $6.7 million as of December 31, 2025, compared to $0.2 million at December 31, 2024 Working Capital: $9.9 million as of December 31, 2025, up from $2.1 million at December 31, 2024 Key Developments Strategic Expansion into Artificial Intelligence In March 2026, XMax's Board of Directors approv
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XWIN
News
- Nova Lifestyle reports FY results [Seeking Alpha]Seeking Alpha
- XMax Inc. Announces Fiscal Year 2025 Financial ResultsGlobeNewswire
- XMax Advances AI Strategy Through Development and Deployment of An AI Inference Platform [Yahoo! Finance]Yahoo! Finance
- XMax Advances AI Strategy Through Development and Deployment of An AI Inference PlatformGlobeNewswire
- XMax Announces Formation of XMax AI Inc. to Execute AI Expansion Strategy [Yahoo! Finance]Yahoo! Finance
XWIN
Sec Filings
- 4/17/26 - Form DEFA14A
- 4/17/26 - Form DEF
- 4/16/26 - Form 8-K
- XWIN's page on the SEC website