XMax Inc. (XMAX) AI Stock Analysis

XMax Inc. engages in the design, manufacture, marketing, and sale of residential and commercial furniture for designers, distributors, and retailers in the United States and internationally. Its furniture products include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards. The company sells its furniture products under the Nova LifeStyle, Diamond Sofa, and Nova Living brands directly, as well as through internet sales, online marketing campaigns, and participation in exhibitions and trade shows. Formerly known as Nova LifeStyle, Inc., the company changed its name to XMax Inc. in November 2025. It was founded in 2003 and is headquartered in Commerce, California.

Between FY2022 and FY2025, XMax recorded a 3-year revenue compound annual growth rate of 9.5%. Revenue fell 13.0% in FY2023 to $11.1M and declined 12.6% in FY2024 to $9.7M before rising 72.6% to $16.7M in FY2025. Gross margin shifted from -61.1% in FY2022 to 37.6% in FY2023, 43.9% in FY2024, and 25.0% in FY2025. Operating margin improved from -127.3% in FY2022 to -11.5% in FY2025, while annual net losses narrowed from -$17.1M to -$3.4M. For the trailing twelve months ended June 30, 2026, revenue reached $16.0M with quarterly revenue growth of 7.1% year-over-year and an operating margin of -44.5%.

As of June 30, 2026, XMax held $34.6M in cash and short-term investments against total debt of $5.5M, leaving net cash of $29.2M. The company reported a current ratio of 28.80 and a debt-to-equity ratio of 0.05 alongside shareholders' equity of $106.3M. In FY2025, both operating cash flow and free cash flow were -$445,838, improving from free cash flow of -$1.4M in FY2024. Over the trailing five years, the company's share count increased 6000.1%.

XMax trades at a trailing price-to-earnings ratio of 15.6x, below the 18.0x median of its US-listed Consumer Cyclical peers. In contrast, its price-to-sales ratio of 32.7x and enterprise value-to-revenue ratio of 33.2x trade well above the peer group median price-to-sales multiple of 0.7x. Over the past year, the stock returned 52.5%, compared to a 16.8% return for the S&P 500 index. Over a five-year period, the stock fell 28.0%, while the S&P 500 gained 83.0%.

XMax does not have published analyst recommendation counts, consensus earnings estimates, or mean price targets. Over the trailing twelve months ended June 30, 2026, the company generated diluted earnings per share of $0.52, following annual diluted earnings per share of -$0.15 in FY2025. The company's next earnings release date is scheduled for November 13, 2026.

This page is an AI-written research summary of XMax Inc. (XMAX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: XMAX income statement, XMAX balance sheet, XMAX key metrics, XMAX chart. See the XMAX stock overview for the latest quote and news.