XMax
Contemporary furniture distributor expanding into AI infrastructure and platform services.
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Profile
XMax sells contemporary residential and commercial furniture through global suppliers, distributors, retailers, and online channels. It recently formed XMax AI and is building API-based AI platform services, making execution dependent on capital access, cloud infrastructure, and customer adoption.
XMax Inc., formerly Nova LifeStyle, is a Commerce, California company with a legacy business in contemporary residential and commercial furniture. Its furniture brands include Nova LifeStyle, Diamond Sofa, Nova Living, and XMax, and the company sells through wholesale, retail, e-commerce, and international distribution channels while using third-party manufacturers under its quality-control process.
Product lines include living room, dining room, bedroom, and home-office pieces such as sofas, chairs, tables, beds, cabinets, and related furnishings. In 2026, XMax created XMax AI Inc. and began building an AI inference platform on AWS with Cloud Alliance, then announced API-based model services for enterprise customers. The business now depends on maintaining furniture demand and supplier access while proving that its AI platform can convert early contracts and prospective interest into durable operations.
Company facts
Categories
Key statistics
Year to date +37.3% · Average volume (30d) 1.4M
Analysts
No analyst consensus on record.
Earnings
EPS
Revenue
History
| Report date | EPS est | EPS | Surprise | Revenue est | Revenue | Surprise | Next session |
|---|---|---|---|---|---|---|---|
| Mar 30, 2026Q4 FY25 | — | −$0.04 | — | — | $1.8M | — | +1.26% |
| Nov 14, 2025Q3 FY25 | — | −$0.06 | — | — | $9.8M | — | −4.76% |
Financial highlights
| 11 quarters | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | |
|---|---|---|---|---|---|---|---|
| Revenue | $2.6M | $2.6M | $9.8M | $1.8M | $1.8M | $2.7M | |
| Gross profit | $1.2M | $1.3M | $983.8K | $712.4K | $882.5K | $1.1M | |
| Operating income | −$193.4K | −$196.5K | −$490.0K | −$1.0M | −$534.9K | −$1.2M | |
| Net income | −$338.9K | −$289.9K | −$1.1M | −$1.7M | $191.5K | $32.4M | |
| Diluted EPS | −$0.03 | −$0.02 | −$0.06 | −$0.04 | $0.00 | $0.53 | |
| Gross margin | 45.7% | 50.2% | 10.1% | 40.3% | 49.5% | 39.8% | |
| Operating margin | -7.3% | -7.7% | -5.0% | -59.3% | -30.0% | -44.5% |
Fiscal years (4-quarter sums)FY24 $9.7M · FY25 $16.7M
Revenue by geography · Q2 FY26
Balance sheet, Jun 30, 2026Cash & short-term investments $0 · Total debt $5.5M · Total assets $0 · Shareholders' equity $106.3M
Dividends
No dividends on record.
Ownership
Shares outstanding 47.24M · Float 13.20M
This issuer lists more than one class and the share count spans them all, so a stake here reads as a share of the whole company, not of this class.
Top shareholders13F · 13D/G · Form 4
| Holder | Shares | % of company | Form | Filed |
|---|---|---|---|---|
| BlackRock, Inc. | 4.43M | 7.00% of class | 13G | Jul 30, 2026 |
| Vanguard Capital Management LLC | 1.55M | 3.29% | 13F | May 15, 2026 |
| Huge Energy International Limited | 700.0K | 9.60% of class | 13G | Jan 14, 2025 |
| Geode Capital Management, LLC | 492.7K | 1.04% | 13F | May 15, 2026 |
| UBS Group AG | 467.1K | 0.99% | 13F | May 5, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
View detailsPeers
Not reported.