Nova LifeStyle, Inc. Reports Second Quarter FY 2025 Results
Nova LifeStyle (NASDAQ: NVFY) reported its Q2 2025 financial results, showing mixed performance. Q2 net sales decreased 5% to $2.56 million from $2.69 million in Q2 2024, while gross profit increased to $1.28 million. The company narrowed its quarterly net loss to ($289,000) from ($536,000) year-over-year.
For the first half of 2025, net sales grew 3% to $5.19 million, with gross profit reaching $2.49 million. The six-month net loss improved significantly to ($629,000) from ($2.03 million) in the same period of 2024. Management increased inventory investments to prepare for anticipated second-half demand despite industry volatility.
Nova LifeStyle (NASDAQ: NVFY) ha comunicato i risultati finanziari del secondo trimestre 2025, mostrando performance miste. Le vendite nette del Q2 sono diminuite del 5% a $2,56 milioni rispetto a $2,69 milioni nel Q2 2024, mentre il margine lordo è salito a $1,28 milioni. La perdita netta trimestrale si è ridotta a ($289.000) rispetto a ($536.000) anno su anno.
Nei primi sei mesi del 2025, le vendite nette sono aumentate del 3% a $5,19 milioni, con un margine lordo pari a $2,49 milioni. La perdita netta semestrale è migliorata significativamente a ($629.000) rispetto a ($2,03 milioni) nello stesso periodo del 2024. La direzione ha incrementato gli investimenti in inventario per prepararsi alla domanda attesa nella seconda metà dell’anno, nonostante la volatilità del settore.
Nova LifeStyle (NASDAQ: NVFY) presentó sus resultados financieros del segundo trimestre de 2025, con un desempeño mixto. Las ventas netas del Q2 cayeron un 5% hasta $2,56 millones desde $2,69 millones en el Q2 de 2024, mientras que el beneficio bruto aumentó a $1,28 millones. La pérdida neta trimestral se redujo a ($289,000) desde ($536,000) interanual.
En la primera mitad de 2025, las ventas netas crecieron un 3% hasta $5,19 millones, con un beneficio bruto de $2,49 millones. La pérdida neta semestral mejoró notablemente a ($629,000) desde ($2,03 millones) en el mismo período de 2024. La dirección aumentó las inversiones en inventario para prepararse ante la demanda prevista en la segunda mitad del año, pese a la volatilidad del sector.
Nova LifeStyle (NASDAQ: NVFY)는 2025년 2분기 실적을 발표했으며, 성과는 엇갈렸습니다. 2분기 순매출은 전년 동기 $2.69백만에서 $2.56백만으로 5% 감소했으나, 매출총이익은 $1.28백만으로 증가했습니다. 분기 순손실은 전년 대비 ($289,000)로 축소되었습니다(전년 동기: ($536,000)).
2025년 상반기 기준 순매출은 3% 증가한 $5.19백만을 기록했고, 매출총이익은 $2.49백만이었습니다. 6개월 누적 순손실은 같은 기간 2024년의 ($2.03백만)에서 ($629,000)로 크게 개선되었습니다. 경영진은 업계의 변동성에도 불구하고 하반기 수요에 대비하기 위해 재고 투자를 늘렸습니다.
Nova LifeStyle (NASDAQ: NVFY) a publié ses résultats du deuxième trimestre 2025, affichant des performances contrastées. Les ventes nettes du T2 ont diminué de 5 % à 2,56 M$ contre 2,69 M$ au T2 2024, tandis que la marge brute a augmenté à 1,28 M$. La perte nette trimestrielle s’est réduite à (289 000 $) contre (536 000 $) d’une année sur l’autre.
Sur les six premiers mois de 2025, les ventes nettes ont progressé de 3 % pour atteindre 5,19 M$, la marge brute s’établissant à 2,49 M$. La perte nette semestrielle s’est fortement améliorée à (629 000 $) contre (2,03 M$) sur la même période en 2024. La direction a augmenté les investissements en stocks pour se préparer à la demande attendue au second semestre, malgré la volatilité du secteur.
Nova LifeStyle (NASDAQ: NVFY) veröffentlichte die Finanzergebnisse für das zweite Quartal 2025 und zeigte eine gemischte Entwicklung. Die Nettoumsätze im Q2 sanken um 5 % auf $2,56 Millionen gegenüber $2,69 Millionen im Q2 2024, während der Bruttogewinn auf $1,28 Millionen anstieg. Der Quartalsverlust verringerte sich auf ($289.000) gegenüber ($536.000) im Jahresvergleich.
Für die ersten sechs Monate des Jahres 2025 stiegen die Nettoumsätze um 3 % auf $5,19 Millionen, der Bruttogewinn belief sich auf $2,49 Millionen. Der Halbjahresverlust verbesserte sich deutlich auf ($629.000) gegenüber ($2,03 Millionen) im Vorjahreszeitraum. Das Management hat die Lagerbestände erhöht, um sich trotz der Branchenvolatilität auf die erwartete Nachfrage in der zweiten Jahreshälfte vorzubereiten.
- Net loss improved by 46% in Q2 2025 compared to Q2 2024
- First half 2025 net loss reduced significantly by 69% year-over-year
- Gross profit increased in both quarterly and six-month periods
- Six-month net sales showed 3% growth compared to 2024
- Q2 2025 net sales declined 5% year-over-year to $2.56 million
- Company continues to operate at a loss despite improvements
- Management notes potential industry volatility in the short term
LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2025.
Key Financial Highlights:
Operating Results for the Three Months Ended June 30, 2025:
- Net sales for three months ended June 30, 2025 were
$2.56 million , a decrease of5% from$2.69 million in the same period of 2024. - Gross profit was
$1.28 million compared to$1.19 million in the same period of 2024. - Net loss was (
$289 thousand ), compared to ($536 thousand ) loss in the same period of 2024.
Operating Results for the Six Months Ended June 30, 2025:
- Net sales for the six months ended June 30, 2025 were
$5.19 million , an increase of3% from$5.06 million in the same period 2024. - Gross profit was
$2.49 million , compared to$2.21 million in the same period of 2024. - Net loss was (
$629 thousand ), compared to ($2.03 million ) loss in the same period of 2024.
Mr. Xiaohua Lu, Chief Executive Officer of Nova LifeStyle, stated, “Although some of our clients predict volatility throughout the entire furniture industry in the short term, we believe we are well positioned to accommodate our customers specific needs for the short and long terms. We are encouraged with incoming purchase orders and our discussions with many buyers, this said, we increased our advances to suppliers to ensure we have adequate inventory levels for the second half of the year.”
About Nova LifeStyle
Nova LifeStyle, Inc. is a well-established, innovative designer and distributor of modern lifestyle furniture; primarily sofas, dining room furniture, cabinets, office furniture and related components, bedroom furniture and various accessories, in matching collections. Nova LifeStyle’s product lines include the Nova Brands and Diamond Sofa (www.diamondsofa.com). Nova's products feature urban contemporary styles that integrate comfort and functionality, incorporating upscale luxury designs which appeal to middle and upper middle-income consumers in the USA, China, Southeast Asia, and elsewhere in the world.
Visit Nova LifeStyle's website at www.NovaLifeStyle.com.
Forward-Looking Statements
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including, among others, our ability to fully resume our operations and remain financially healthy, our expected future growth prospects. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. In some cases, forward-looking statements can be identified by the use of forward-looking terms such as “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory,” “focus,” “work to,” “attempt,” “pursue,” or the negative of these terms or other comparable terms. However, the absence of these words does not mean that the statements are not forward-looking. These forward-looking statements are based on certain assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate in the circumstances.
Investor Relations Contact
Andrew Barwicki
516-662-9461
andrew@barwicki.com
ir@novalifestyle.com
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