XMax Inc. XMAX

8.71 (0.04) (0.46%) as of 25 Sep
Market cap
$567.7M
P/E
20.1×
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios

Market Cap 567.66
Revenue 16.05
Net Income 29.83
Free Cash Flow (4.50)
Net Debt (29.28)
Current Ratio 28.80
Debt/Equity 0.05
P/E ratio 20.06
P/S ratio 33.11
P/B ratio 5.00
Past 5Y EPS Growth 27.92%
This Y EPS Growth —
Next Y EPS Growth —
Next 5Y EPS Growth —
in millions of $

Dividends

Payout Ratio 0.00
Annual Dividend Rate —
Annual Dividend Yield —
total individual payouts
2021 Powerpack
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 0 0 7 35
Receivables 0 0 2 3
Inventory 2 3 2 2
Other 0 5 0 7
4 8 12 47
2023 2024 2025 Q'26
Payables 0 1 0 0
ST’ Debt — 0 0 0
Other 0 1 1 0
4 6 2 2
in millions of $

Compound Annual Growth

10y 5y 3y
Sales (15.49%) 8.06% 9.48%
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value (7.35%) (7.34%) 61.71%

Revenue

Mar Jun Sep Dec Year
’26 2 3 — — —
’25 3 3 10 2 17
’24 2 3 3 2 10
’23 2 4 2 2 11
’22 4 4 3 2 13
’21 3 4 3 3 13
’20 2 2 3 4 11
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 (1) (4) — — —
’25 0 0 (2) 2 0
’24 0 0 0 0 (1)
’23 (1) 2 0 (3) (2)
’22 (1) 0 (2) (2) (5)
’21 (1) (1) (2) (2) (5)
’20 (1) 0 0 (1) (2)
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 (1) (4) — — —
’25 0 0 (2) 2 0
’24 0 0 0 0 (1)
’23 (1) (3) (2) (3) (2)
’22 (1) 0 (2) (2) (5)
’21 (1) (1) (2) (2) (5)
’20 (1) 0 0 0 (1)
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.00 0.53 — — —
’25 (0.03) (0.02) (0.06) (0.04) (0.17)
’24 (0.65) (0.22) (0.72) 0.11 (1.48)
’23 (0.85) (0.37) (0.83) (2.91) (4.96)
’22 (0.65) (4.15) (1.25) (6.31) (12.35)
’21 (0.70) (5.65) (1.10) (9.10) (16.35)
’20 (1.20) (0.45) (7.30) (13.73) (22.70)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
9.50 26.50 10.25 7.80 3.30 8.85 1.95 1.50 0.39 0.41

Analyst estimates 2026–2028

Powerpack
Low Price
128.75 77.50 70.50 25.75 15.40 37.45 9.95 6.85 4.42 6.23
High Price
31 33 33 32 35 29 28 27 27 22
Employees
3 3 2 1 0 0 0 0 0 1
Revenue/Emp
93 106 81 22 11 13 13 11 10 17
Revenue
14.60% 19.18% 18.92% 5.88% (175.26%) 43.98% (61.06%) 37.64% 43.87% 25.02%
Gross Margin
(1) 7 5 (6) (26) (4) (17) (7) (6) (4)
EBT
(1.22%) 6.13% 5.57% (26.77%) (232.60%) (32.34%) (133.96%) (63.06%) (57.39%) (23.92%)
EBT Margin
0 4 5 (9) (26) (20) (17) (8) (6) (3)
Net Income
1 2 0 1 1 1 1 1 1 1
Depreciation
91.07 96.19 71.47 19.40 9.89 10.30 9.20 7.12 2.57 0.81
Revenue/Sh
(1.00) 3.50 4.75 (7.60) (22.70) (16.35) (12.35) (4.96) (1.48) (0.17)
Earnings/Sh
(6.31) (1.19) (6.06) 13.13 (1.81) (3.92) (3.87) (1.02) (0.37) (0.02)
Cash Flow/Sh
(0.01) (0.02) (0.02) (0.02) 0.59 (0.09) (0.01) 0.01 0.00 0.00
Capex/Sh
(6.33) (1.21) (6.08) 13.11 (1.22) (4.01) (3.88) (1.00) (0.37) (0.02)
Free CF/Sh
62.19 61.83 65.95 58.28 35.65 19.23 4.77 0.32 0.83 1.35
Book Value/Sh
1 1 1 1 1 1 1 2 4 21
Shares
0.00 18.50 2.42 0.00 0.00 0.00 0.00 0.00 0.00 0.00
PE Ratio
0.52 0.67 0.16 0.48 1.20 0.91 0.25 0.53 0.26 7.42
PS Ratio
0.76 1.05 0.17 0.16 0.33 0.49 0.48 11.85 0.81 4.44
PB Ratio
0.56 0.66 0.21 0.26 0.45 0.42 0.15 0.57 0.27 7.33
EV/Sales
(8.09) (52.39) (2.46) 0.39 (3.61) (1.37) (0.37) (0.71) (0.30) (15.62)
EV/FCF
(6) (1) (7) 15 (2) (5) (5) (2) (1) 0
Op' Cash Flow
0 0 0 0 1 0 0 0 0 —
Capex
(6) (1) (7) 15 (1) (5) (5) (2) (1) 0
FCF
58 72 74 67 41 24 7 0 2 9
Working Cap'
8 4 6 3 0 0 0 0 0 5
Total Debt
5 (2) 6 (5) (9) (6) (1) 0 0 (2)
Net Debt
63 68 75 66 41 23 7 0 3 28
Sh' Equity
(1.34%) 4.80% 6.24% (10.64%) (44.19%) (52.53%) (83.29%) (86.92%) (68.85%) (15.04%)
ROA
(0.70%) 6.35% 3.73% (5.91%) (50.84%) (13.93%) (188.17%) (1,460.37%) (104.32%) (4.56%)
ROIC
(1.81%) 5.72% 7.39% (12.20%) (48.76%) (62.02%) (113.80%) (217.31%) (307.28%) (22.00%)
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

XMax Inc. (XMAX) key facts

  • XMax Inc. (XMAX) is a Furnishings Fixtures & Appliances company in the Consumer Cyclical sector, listed on Nasdaq.
  • XMax Inc.’s revenue for fiscal 2025 (year ended December 2025) was $16.7 million, up 72.6% from fiscal 2024.
  • As of September 25, 2026, XMAX traded at $8.71, a market capitalization of $567.7 million.
  • Return on equity was −22.0% and debt-to-equity 0.05.

Source: company filings (standardised) and stockrow calculations.

XMax Inc. (XMAX) Latest News

News by impact score

Fine-tune

17 Sep

4

XMax Inc. (XMAX) announces cooperation with apM Group in Korea and expansion into vertical AI applications. Cooperation with apM Group in Korea and vertical AI expansion marks significant strategic advancement for XMax.

21 Aug

3

XMax Inc. shares declined after Q2 earnings despite revenue support from AI initiatives. Q2 earnings triggered stock drop while AI revenue gains point to moderate operational effects without fundamental trajectory shift.

14 Aug

3

XMax Inc. announced second quarter 2026 financial results. Quarterly earnings releases typically influence short-term stock valuation and market sentiment for the reporting company.

3

Nova Lifestyle, Inc. reported its financial results for the second quarter of FY 2025, highlighting key metrics such as revenue, net income, and operational developments. The company experienced fluctuations in sales and expenses, impacting overall profitability. Management provided insights into strategic initiatives aimed at enhancing market presence and addressing challenges in the current economic environment. Future outlook and guidance were also discussed, indicating potential growth opportunities and areas of concern. The financial results indicate moderate fluctuations that may influence investor sentiment and operational strategies.

29 Jun

3

XMax Inc. (XMAX) added to Russell 3000® Index. Russell 3000 Index inclusion increases institutional visibility and may lift near-term demand for XMAX shares.

26 Jun

4

XMax Inc. (XMAX) announces up to US$25 million in AI API-related service contracts and expansion into GPU-as-a-Service. Major contract wins and GPU-as-a-Service entry signal substantial new revenue streams and strategic growth.

22 May

3

XMax Inc. announced an additional AI services agreement expected to generate up to approximately $3.6 million in annual revenue. New AI services agreement adds up to $3.6 million in annual revenue and moderately strengthens XMax financial outlook without transforming core trajectory.

15 May

3

XMax Inc. (XWIN) announced its financial results for the first quarter of 2026. Quarterly earnings releases deliver performance metrics that typically move investor sentiment and near-term stock valuation.

3

Nova LifeStyle, Inc. (NASDAQ: NVFY) reported first quarter FY 2025 results, showing net sales of $2.64 million, an 11% increase from $2.38 million in Q1 2024, driven by a 26% rise in average selling price despite a 12% drop in sales volume. Gross profit rose to $1.20 million with a gross profit margin of 46%, up from 43% in the prior year. The company experienced a reduced net loss of $0.34 million compared to $1.46 million in Q1 2024. CEO Xiaohua Lu emphasized a focus on innovative product lines to navigate industry challenges, particularly related to tariffs. The increase in sales and gross profit indicates a positive trend, but the decrease in sales volume and ongoing tariff uncertainties suggest limited overall impact.

1 May

4

XMax Inc. (XWIN) announces AI model agreement, marking major milestone for its AI business. AI model agreement represents major strategic milestone enhancing XMax's AI operations and market positioning.

30 Apr

4

XMax Inc. (XWIN) launches AI Inference Platform alongside new AI and corporate websites. AI inference platform launch marks major strategic product innovation enhancing competitive edge in high-growth AI sector.

21 Apr

4

XMax Inc. (XWIN) narrowed its 2025 loss year-over-year, driven by a 73% revenue surge and expansion into AI. 73% revenue growth narrowing losses combined with AI expansion represents a major strategic shift boosting financial trajectory and investor sentiment.

15 Apr

4

XMax Inc. (XWIN) announced its Fiscal Year 2025 financial results. Fiscal year-end financial results directly impact investor sentiment, stock valuation, and future market performance.

8 Apr

4

XMax Inc. (XWIN) advances its AI strategy through development and deployment of an AI inference platform. Deployment of an AI inference platform constitutes a major strategic initiative enhancing XMax's AI capabilities and competitive edge.

6 Apr

4

XMax Inc. (XWIN) announces formation of XMax AI Inc. to execute its AI expansion strategy. Formation of a dedicated AI subsidiary marks a major strategic move into the high-growth AI sector, potentially boosting long-term growth and investor sentiment.

24 Mar

4

XMax Inc. (XWIN) announces strategic expansion into artificial intelligence to drive growth and diversification. Strategic entry into AI signals major diversification and growth potential, likely boosting market performance and investor sentiment.

13 Feb

4

Investors in Nova LifeStyle (NASDAQ:XWIN) have seen a remarkable return of 936% over the past year, highlighting the company's significant growth and market performance. This surge reflects strong investor confidence and potential future opportunities for XMax Inc. as it navigates the evolving market landscape. The substantial increase in stock value indicates a significant shift in investor sentiment and potential market dynamics affecting XMax Inc.'s future performance.

26 Nov

3

XMax Inc. has announced a US$5.60 million investment in a fund that holds shares in SpaceX. This strategic move is aimed at diversifying XMax's investment portfolio and potentially benefiting from the growth of SpaceX. The investment in SpaceX shares may moderately influence XMax's financial performance and market positioning.

24 Nov

4

XMax Inc. (XWIN) has announced a financing agreement involving US$5 million in convertible notes. This funding is expected to support the company's growth initiatives and operational strategies. The convertible notes will provide investors with the option to convert their investment into equity at a later date, potentially enhancing XMax's capital structure and financial flexibility. The financing is a significant strategic move that could enhance XMax's growth potential and investor sentiment.

14 Nov

4

XMax Inc. reported its financial results for the third quarter of 2025, highlighting significant revenue growth and improved profitability metrics compared to the previous year. The company attributed its success to increased demand for its products and effective cost management strategies. Key financial figures included a notable rise in net income and earnings per share, reflecting a positive trend in operational efficiency. Management expressed optimism about future growth prospects and plans to expand product offerings in response to market trends. Significant revenue growth and improved profitability metrics indicate a strong potential for future performance.

29 Sep

3

Nova Lifestyle, Inc. has announced a US$5.66 million investment in a fund that will hold interests in SpaceX shares. This strategic move aims to diversify the company's investment portfolio and potentially benefit from the growth of SpaceX. Investing in SpaceX shares may moderately influence Nova Lifestyle's financial performance and market positioning.

6 Sep

4

Nova Lifestyle, Inc (NASDAQ: NVFY) experienced a remarkable 148% return this week, bringing its shareholders' one-year gains to an impressive 235%. This surge in stock performance highlights the company's strong market position and investor confidence. The significant stock price increase indicates a major shift in investor sentiment and potential future growth for the company.

5 Sep

3

American Trust Investment Services has been appointed as the exclusive placement agent for a $9 million follow-on offering for Nova Lifestyle, Inc. This move aims to enhance the company's financial position and support its growth initiatives. The follow-on offering is expected to provide additional capital, which may moderately influence financial performance and growth opportunities.

4 Sep

3

Nova Lifestyle, Inc. has successfully closed a $9.0 million best-efforts public offering. The offering was conducted through a registered direct placement of common stock and warrants. The funds raised will be utilized for general corporate purposes, including working capital and potential acquisitions. The company aims to enhance its financial position and support growth initiatives. The public offering provides additional capital that may support growth initiatives and improve financial performance.

3 Sep

3

Nova LifeStyle, Inc. has announced the pricing of an $8.71 million best-efforts public offering. The offering is expected to enhance the company's financial position and support its growth initiatives. The company aims to use the proceeds for general corporate purposes, including working capital and potential acquisitions. The public offering may provide necessary capital for growth but is not expected to drastically change the company's overall trajectory.

21 May

4

Shares of Nova LifeStyle, Inc. (NVFY) rose 13.9% following the announcement of Q1 2025 financial results, which showed a 10.9% increase in net sales to $2.6 million, driven by a 26% rise in average selling price. Gross profit improved 18.5% to $1.2 million, with gross margin expanding to 46%. Despite a net loss of $0.3 million, it was narrower than the previous year's $1.5 million loss. Operating expenses fell 44.2%, reflecting improved cost control. North America remained the dominant market, while sales to other countries declined significantly. Management emphasized a focus on high-margin products and new product development, although the company faces Nasdaq compliance challenges regarding stockholder equity and bid price. Significant improvements in margins and strategic focus on high-margin products could alter the company's trajectory.

2 Apr

3

Nova Lifestyle, Inc. reported a loss of US$1.48 per share for the full year 2024, an improvement compared to a loss of US$4.96 per share in FY 2023. The company continues to navigate financial challenges while showing signs of reduced losses year-over-year. The reduction in loss per share indicates a moderately noticeable improvement in financial performance.

31 Mar

3

Nova LifeStyle, Inc. reported fiscal 2024 financial results, revealing net sales of $9.69 million, a 13% decrease from 2023, primarily due to a 39% drop in sales volume, despite a 43% increase in average selling price. Gross profit rose to $4.25 million, with a gross profit margin of 44%, up from 38% in 2023, attributed to the liquidation of low-margin jade mats. The net loss decreased to $5.56 million from $7.72 million in 2023. CEO Tawny Lam highlighted operational improvements and ongoing product line revamps to navigate market challenges. The decrease in sales volume and net loss indicates challenges, but improvements in gross profit and margin suggest potential for stabilization.

18 Nov

3

Nova LifeStyle, Inc (NVFY) reported a modest increase in net sales and gross profit for Q3 2024, but experienced a widened net loss. Year-to-date sales declined, with increased operating expenses. The company highlighted efforts to enhance logistical framework and operational stability. The article indicates moderately noticeable influence expected on Nova Lifestyle, Inc (NVFY) future and market performance due to ongoing challenges and strategic initiatives mentioned.

17 Nov

3

Nova LifeStyle reported a US$0.72 loss per share in the third quarter of 2024, with revenue increasing by 5.6% but net loss widening by 91% compared to the same period in 2023. The financial results show a moderately noticeable influence on Nova Lifestyle's future performance, with the widening net loss being a key concern.

stockrow.com/XMAX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com