XMax Inc. Reports Third Quarter 2025 Financial Results
XMax (NVFY) reported unaudited results for the three months ended Sep 30, 2025. Q3 net sales rose 273% to $9.76M from $2.62M a year earlier, while Q3 gross profit fell to $0.98M from $1.18M. Q3 net loss narrowed to $1.13M from $2.47M.
For the nine months ended Sep 30, 2025, net sales increased 95% to $14.95M from $7.68M; gross profit was $3.47M versus $3.39M prior year; net loss improved to $1.76M from $4.49M. The company also completed a $9.0M public offering.
XMax (NVFY) ha riportato risultati non verificati per i tre mesi terminati il 30 settembre 2025. Le vendite nette del Q3 sono salite del 273% a 9,76 milioni di dollari rispetto a 2,62 milioni l'anno precedente, mentre l'utile lordo del Q3 è sceso a 0,98 milioni di dollari da 1,18 milioni. La perdita netta del Q3 si è ridotta a 1,13 milioni di dollari da 2,47 milioni.
Per i primi nove mesi conclusi il 30 settembre 2025, le vendite nette sono aumentate del 95% a 14,95 milioni di dollari da 7,68 milioni; l'utile lordo è stato di 3,47 milioni di dollari contro 3,39 milioni lo scorso anno; la perdita netta è migliorata a 1,76 milioni di dollari da 4,49 milioni. L'azienda ha anche completato un'offerta pubblica di 9,0 milioni di dollari.
XMax (NVFY) informó resultados no auditados para los tres meses terminados el 30 de septiembre de 2025. Las ventas netas del 3T aumentaron 273% a 9,76 millones de dólares desde 2,62 millones un año antes, mientras que la utilidad bruta del 3T cayó a 0,98 millones de dólares desde 1,18 millones. La pérdida neta del 3T se estrechó a 1,13 millones de dólares desde 2,47 millones.
Para los nueve meses terminados el 30 de septiembre de 2025, las ventas netas aumentaron un 95% a 14,95 millones de dólares desde 7,68 millones; la utilidad bruta fue de 3,47 millones frente a 3,39 millones del año anterior; la pérdida neta mostró una mejora a 1,76 millones de dólares desde 4,49 millones. La compañía también completó una oferta pública de 9,0 millones de dólares.
XMax (NVFY)는 2025년 9월 30일로 종료된 3개월에 대한 비감사된 실적을 발표했습니다. 3분기 매출은 전년 동기 262만 달러에서 273% 증가한 976만 달러로 올랐고, 3분기 총이익은 98만 달러로 118만 달러에서 떨어졌습니다. 3분기 순손실은 113만 달러로 전년 247만 달러에서 축소되었습니다.
2025년 9월 30일로 종료된 9개월 동안 매출은 95% 증가한 1495만 달러로 나타났고, 총이익은 347만 달러로 전년의 339만 달러 대비 증가했으며, 순손실은 176만 달러로 개선되었습니다. 회사는 또한 900만 달러의 공모를 완료했습니다.
XMax (NVFY) a publié des résultats non vérifiés pour les trois mois clos le 30 septembre 2025. Les ventes nettes du T3 ont augmenté de 273% pour atteindre 9,76 millions de dollars contre 2,62 millions l’an dernier, tandis que le bénéfice brut du T3 a diminué à 0,98 million de dollars contre 1,18 million. La perte nette du T3 s’est réduite à 1,13 million de dollars contre 2,47 millions.
Pour les neuf mois clos le 30 septembre 2025, les ventes nettes ont augmenté de 95% à 14,95 millions de dollars contre 7,68 millions; le bénéfice brut était de 3,47 millions de dollars contre 3,39 millions l’année précédente; la perte nette s’est améliorée à 1,76 million de dollars contre 4,49 millions. La société a également mené à terme une offre publique de 9,0 millions de dollars.
XMax (NVFY) meldete unauditierten Ergebnisse für die drei Monate, die am 30. September 2025 endeten. Q3-Umsatzerlöse stiegen um 273% auf 9,76 Mio. USD von 2,62 Mio. USD im Vorjahr, während Q3-Bruttogewinn auf 0,98 Mio. USD von 1,18 Mio. USD sank. Q3-Nettoverlust verringerte sich auf 1,13 Mio. USD von 2,47 Mio. USD.
Für die neun Monate, die am 30. September 2025 endeten, Nettoverkäufe stiegen um 95% auf 14,95 Mio. USD von 7,68 Mio. USD; Bruttogewinn betrug 3,47 Mio. USD gegenüber 3,39 Mio. USD im Vorjahr; Nettoverlust verbesserte sich auf 1,76 Mio. USD von 4,49 Mio. USD. Das Unternehmen hat zudem eine öffentliche Emission von 9,0 Mio. USD abgeschlossen.
XMax (NVFY) أبلغت عن نتائج غير مُراجَعة للثلاثة أشهر المنتهية في 30 سبتمبر 2025. ارتفعت مبيعات الربع الثالث بنسبة 273% لتصل إلى 9.76 مليون دولار من 2.62 مليون دولار في العام السابق، بينما الربح الإجمالي للربع الثالث انخفض إلى 0.98 مليون دولار من 1.18 مليون. الخسارة الصافية للربع الثالث تَقَلَّصت إلى 1.13 مليون دولار من 2.47 مليون.
بالنسبة للـ9 أشهر المنتهية في 30 سبتمبر 2025، ارتفعت المبيعات الصافية بنسبة 95% إلى 14.95 مليون دولار من 7.68 مليون؛ الربح الإجمالي كان 3.47 مليون دولار مقابل 3.39 مليون في السنة السابقة؛ الخسارة الصافية تحسّنت إلى 1.76 مليون دولار من 4.49 مليون. كما أتمت الشركة عملية عرض عام بقيمة 9.0 مليون دولار.
- Q3 net sales +273% to $9.76M
- 9M net sales +95% to $14.95M
- Q3 net loss narrowed to $1.13M from $2.47M
- Completed $9.0M public offering
- Q3 gross profit declined to $0.98M from $1.18M
LOS ANGELES, Nov. 14, 2025 (GLOBE NEWSWIRE) -- XMax Inc. ("Xmax" or the "Company") (NASDAQ: XWIN), today announced its unaudited financial results for the three months ended September 30, 2025.
Operating Results for the Three Months ended September 30, 2025
- Net Sales grew by
273% to$9.76 million from$2.62 million in the same period of 2024. - Gross profit was
$0.98 million , compared to$1.18 million in the same period of 2024. - Net loss was
$1.13 million , compared to a net loss of$2.47 million in the same period of 2024.
Operating Results for the Nine Months Ended September 30, 2025:
- Net Sales grew by
95% to$14.95 million from$7.68 million in the same period of 2024. - Gross profit was
$3.47 million , compared to$3.39 million in the same period of 2024. - Net loss was
$1.76 million , compared to a net loss of$4.49 million in the same period of 2024.
"Our third quarter results demonstrate both the challenges and opportunities we face as we were able to sell more products and improve our net sale significantly," said Mr. Xiaohua Lu, Chief Executive Officer of XMax. "We are excited about our developments, including the successful completion of our
Additional information about the Company’s third quarter 2025 financial results can be found via its filing with the SEC at www.sec.gov.
About XMax Inc.
Headquartered in Commerce, California, XMax Inc., formerly known as Nova LifeStyle Inc., is a well-established distributor of contemporary styled residential and commercial furniture. The Company monitors popular trends and products to create design elements integrated into product lines for both stand-alone and whole-room furnishing solutions. Through its relationship with a global network of retailers, e-commerce platforms, and hospitality providers, the Company serves customers worldwide with high-quality furniture products.
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
ICR LLC.
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