Core Viewpoint - HomesToLife Ltd reported a significant financial performance improvement in the first half of 2025, with a net income increase of 87% to $10.0 million, driven by strong export sales and favorable foreign exchange gains [2][11]. Financial Performance - The company achieved net revenue of $180.8 million in 1H 2025, a 16% increase from $156.3 million in 1H 2024, primarily due to export sales across Asia-Pacific, Europe, and North America [4][11]. - Gross profit rose 19% to $49.8 million, with a stable gross margin of 27.6% compared to 26.8% in the previous year [7][11]. - Operating expenses increased by 18% year-over-year to $40.8 million, influenced by a 19% rise in selling expenses [8][11]. Revenue Breakdown - Export sales accounted for 93% of total revenue in 1H 2025, with notable growth in Europe and North America, both up by 16% [4][6]. - Newly acquired retail operations in Korea contributed $1.5 million in revenue during the period [5]. Cash Flow and Financial Position - The company maintained a healthy financial position with $20.0 million in cash and bank balances as of June 30, 2025, and borrowings of $23.3 million [11]. - Net cash used in operating activities was $11.2 million, largely due to working capital movements [12]. Future Outlook - HomesToLife anticipates total revenue for FY2025 to range between $340 million and $375 million, reflecting expectations of a stronger second half compared to the first half [14][15]. - The company plans to maintain a robust liquidity position to support strategic growth initiatives while meeting operational and financing obligations [15].

Exhibit 99.1 HomesToLife Ltd Reports 405% Revenue Increase, Net Income of $125K in First Quarter 2025 SINGAPORE, June 12, 2025 – HomesToLife Ltd (Nasdaq: HTLM) ("HomesToLife" or the "Company"), a Singapore-based home furniture company with sales across Asia-Pacific, Europe and North America regions, today announced unaudited financial results for the first quarter ended March 31, 2025. ("Q1 2025") The Company posted net revenue of $5.2 million in Q1 2025, up 405% from net revenue of $1.0 million in Q1 2024. ...

Core Viewpoint - HomesToLife Ltd reported significant growth in Q1 2025, with a 405% increase in net revenue compared to the same period last year, driven by the successful launch of its Asia sales subsidiary, HTL Far East [2][4]. Financial Performance - The company achieved net revenue of $5.2 million in Q1 2025, up from $1.0 million in Q1 2024, with HTL Far East contributing $4.4 million to this growth [2]. - Net income for Q1 2025 was $125,000, a turnaround from a net loss of $74,000 in Q1 2024, resulting in earnings of $0.01 per share compared to a loss of $(0.01) per share in the previous year [3]. - The overall gross margin decreased to 26% in Q1 2025 from 68% in Q1 2024, primarily due to the lower gross margin of 17% from HTL Far East [3]. Operating Expenses - Operating expenses rose by $394,000, influenced by $336,000 in costs related to the Nasdaq listing, which were not present in Q1 2024 [4]. Strategic Developments - The acquisition of HTL Marketing in May 2025 positions the company to expand its global footprint beyond Asia [5]. - The company aims to evolve into a multi-market B2B furniture leader with a strong upstream export and sourcing platform [5]. Outlook - For 2025, HTL Far East is expected to maintain strong revenue momentum, with projected total revenue for the year between $260 million and $290 million [7]. - HTL Marketing is anticipated to contribute between $250 million and $280 million in revenue for the full year [7]. Liquidity Position - As of March 31, 2025, the company maintained a net cash position with no bank borrowings, and cash and cash equivalents increased to $3.9 million from $3.4 million at the end of 2024 [6].

Core Viewpoint - HomesToLife Ltd has successfully acquired 100% equity interests in HTL Marketing Pte Ltd, enhancing its position in the global furniture market and aiming for substantial growth in revenue and profitability [1][2]. Company Overview - HomesToLife Ltd is a holding company for HomesToLife Pte. Ltd., a leading home furniture retailer in Singapore, and HTL Far East Pte. Ltd., which focuses on sourcing and distributing premium furniture across the Asia-Pacific region [2]. - HTL Marketing Pte Ltd specializes in B2B procurement and supply of premium upholstered sofas and leather materials, with sales across Asia-Pacific, Europe, and North America [1][2]. Acquisition Details - The acquisition of HTL Marketing was announced on May 5, 2025, and is expected to provide HomesToLife with extensive global market opportunities [1][2]. - The CEO of HomesToLife expressed optimism about the integration of HTL Marketing's operations and the potential for accelerated growth for the company [2].

Singapore, May 05, 2025 (GLOBE NEWSWIRE) -- HomesToLife Ltd (NASDAQ: HTLM) ("HomesToLife" or the "Company"), the holding company of one of the leading home furniture products retail chains in Singapore, today announced that it has entered into a definitive sale and purchase agreement (the "Sale and Purchase Agreement") with New Century International Homes Pte Ltd ("New Century") to acquire 100% of equity interests in HTL Marketing Pte Ltd ("HTL Marketing"), a leading B2B procurer and supplier of premium uph ...

Financial Data and Key Metrics Changes - For the fiscal year ended 12/31/2024, the company reported net revenue of $4.17 million, an 18% decrease from $5.07 million in the previous fiscal year [5] - The overall gross profit margin for fiscal 2024 was 65.8%, down from 71.7% in fiscal 2023, primarily due to a shift in sales mix and lower pricing strategies [6][7] - The company experienced a net loss of $1.67 million or $0.11 per share for fiscal 2024, compared to a net income of $0.24 million or $0.02 per share in fiscal 2023 [9] Business Line Data and Key Metrics Changes - The decline in net revenue was mainly attributed to decreased sales of leather and fabric upholstered home furniture products [5] - The new subsidiary, HDL Far East, contributed minor revenue in 2024 but generated over $4 million in the first quarter of 2025, with expectations of $12 to $14 million in revenue for the year [5] Market Data and Key Metrics Changes - The company faced industry-specific challenges, including shifts in consumer spending habits, inflation impacts on discretionary purchases, and intensified market competition affecting its Singapore retail sector [6] Company Strategy and Development Direction - The company is undergoing a restructuring initiative to improve financial performance, which includes closing underperforming stores and revamping merchandise offerings [9] - The launch of the HDL Far East subsidiary aims to expand the furniture business into the Asia Pacific region [4] Management Comments on Operating Environment and Future Outlook - Management acknowledged the impact of global economic factors on financial performance in 2024 but expressed optimism about future growth through the new subsidiary [4][5] - The company expects total revenue for 2025 to be between $16 million and $18 million [5] Other Important Information - Total operating expenses increased by $1.11 million or 32% in fiscal 2024, primarily due to listing expenses and increased general and administrative costs [8] - Cash and cash equivalents at 12/31/2024 were $3.44 million, up from $1.37 million at 12/31/2023 [9] Q&A Session Summary - There were no questions from participants during the Q&A session [11]

Business Expansion and Market Strategy - The company operates six physical retail stores in Singapore and plans to expand into new markets, including Taiwan, Korea, Indonesia, and Malaysia within the next six months [44][48]. - Expansion into new geographic markets may involve significant upfront investments and face challenges such as local competition and regulatory compliance [46][49]. - The company targets the premium mass market and middle to upper-class consumers, relying heavily on consumer spending and housing market conditions [50]. - The company aims to enhance its "HomesToLife" brand through high-quality products and superior customer service, which may require substantial investments [40][41]. - HomesToLife Singapore intends to open additional retail stores in high-demand areas within Singapore to strengthen its market presence [200]. - The company has identified opportunities in the wholesale upholstered furniture market across various Asia-Pacific countries, including Japan, Korea, and Indonesia [195]. - HomesToLife Singapore's management team has over 40 years of experience in the furniture industry, providing a competitive edge in market understanding and supplier relationships [194]. - The company plans to explore mergers and acquisitions to deepen connections with local furniture suppliers in the Asia-Pacific region [201]. Financial Performance and Challenges - The company anticipates increased operating expenses due to growth efforts and public company status, which may lead to future net losses and challenges in achieving profitability [31]. - Revenue decreased from US$6.0 million in fiscal year ended December 31, 2022 to US$5.1 million in fiscal year ended December 31, 2023 due to the impact of COVID-19 [120]. - The ongoing COVID-19 pandemic has significantly disrupted global supply chains, affecting suppliers' ability to provide products in a timely manner, which may continue into 2025 [112]. - Economic conditions in Singapore have led to significant economic contraction and high unemployment rates during the years ended December 31, 2023 and 2022, although recovery appears to have begun in 2024 [121]. - The company incurs significant expenses due to public company obligations, which negatively impacts financial performance [135]. - The company may require additional debt financing to support business operations and future strategies [77]. - Rising interest rates could increase operational costs and limit financial flexibility, potentially affecting profitability [79]. Operational Risks and Management - The company faces risks related to managing growth effectively, including hiring and retaining qualified personnel [32][34]. - Increased competition from various retailers, including online marketplaces, poses a risk to the company's market position [54]. - Cybersecurity threats pose risks to the company's data and operations, necessitating robust cybersecurity measures [51]. - Cybersecurity incidents could lead to significant legal and financial exposure, adversely affecting the company's reputation and operations [53]. - The company is subject to risks related to product liability claims, which could harm its reputation and financial performance [68]. - Legal disputes and claims could divert resources and adversely affect the company's financial condition and operations [86]. - The company may face liabilities under anti-corruption laws, which could lead to significant legal and financial repercussions [99]. Supply Chain and Product Management - The company has experienced surges in orders during peak months, particularly in March, April, June, August, November, and December, which may strain operations [70]. - The company relies on third parties for payment processing, and any failure in compliance or data breaches could materially affect financial results [72]. - HomesToLife Singapore transitioned its major supply source from HTL Marketing to HTL Furniture (China) Co., LTD effective January 1, 2025, under a new supply agreement [62]. - The company relies on a limited number of key suppliers for leather and fabric upholstered furniture, making it vulnerable to negative publicity affecting these suppliers [113]. - Supply chain disruptions experienced during the COVID-19 pandemic may impact the ability to fulfill customer orders in a timely manner [104]. Customer Engagement and Sales Strategy - The company’s success depends on increasing net revenue per active customer and maintaining high levels of customer engagement [38]. - Customer acquisition costs are significant, with marketing expenses varying as the company tests new channels and refines strategies [35][36]. - HomesToLife Singapore offers free delivery for orders above SGD1,200, enhancing customer service for larger purchases [223]. - The average cycle time for custom furniture orders is approximately 8 to 12 weeks, which is faster than competitors, providing a competitive advantage [226]. - HomesToLife Singapore's sales staff follow up with potential customers after initial contact, emphasizing time-limited offers to close sales [222]. - Online sales contribute less than 1% of total sales for the fiscal years ended December 31, 2024, 2023, and 2022, indicating a strong preference for in-store purchases [206]. Regulatory and Compliance Issues - The management team has limited experience managing a public company listed in the U.S., which may impact compliance with regulatory obligations [85]. - The company is subject to evolving regulatory measures, which may increase compliance costs and divert management attention from revenue-generating activities [170]. - The company cannot assure compliance with Nasdaq's continued listing standards, which could lead to significant adverse consequences if delisted [172]. - Shareholders may face difficulties in enforcing judgments against the company or its directors due to the company's operations being primarily outside the United States [168]. - The company may be classified as a passive foreign investment company (PFIC) for U.S. federal income tax purposes, which could lead to adverse tax consequences for U.S. investors [161]. Market Conditions and Economic Factors - Inflationary pressures in Asia may lead to government actions that could significantly decrease profitability in the future [123]. - The company faces risks related to inflationary pressures on product procurement costs, wages, rental rates, and freight charges, which could adversely affect profit margins [107]. - Uncertain global economic conditions have resulted in lower net sales due to weakened demand and unfavorable changes in product price/mix [117]. - Any adverse changes in the Singapore market, such as economic recession or pandemic, could materially affect the company's business and financial condition [115]. - The company is exposed to foreign exchange fluctuations, particularly as purchases are settled in USD while sales are in Singapore dollars [89].

Core Viewpoint - HomesToLife Ltd reported a significant decline in financial performance for fiscal year 2024, with a net revenue decrease of 18% compared to the previous year, primarily due to industry-specific challenges and increased operating expenses [3][4][6]. Financial Performance Summary - For fiscal year 2024, HomesToLife had net revenue of $4,173,028, down from $5,072,320 in fiscal 2023 [3]. - The gross profit margin for fiscal 2024 was 65.8%, a decline from 71.7% in fiscal 2023, attributed to a shift in sales mix and competitive pricing strategies [5]. - Total operating expenses increased by $1,109,948, or 32%, primarily due to listing expenses and higher general and administrative costs [6]. - The company reported a loss from operations of $1,788,938 for fiscal 2024, compared to income from operations of $210,459 in fiscal 2023 [7]. - HomesToLife's net loss for fiscal 2024 was $1,666,195, or $(0.11) per share, compared to a net income of $237,499, or $0.02 per share, in fiscal 2023 [8][18]. Cash Flow and Liabilities - Cash and cash equivalents increased to $3,442,259 as of December 31, 2024, from $1,366,231 in 2023 [8]. - Net cash used in operating activities was $1,021,680 in fiscal 2024, contrasting with net cash provided by operating activities of $894,784 in fiscal 2023 [9]. - Total long-term liabilities rose to $2,274,936 as of December 31, 2024, compared to $2,224,047 in 2023 [9]. Strategic Initiatives - In response to fiscal 2024 losses, HomesToLife initiated a comprehensive restructuring plan on April 1, 2025, which includes closing underperforming stores and implementing strict expense controls [10]. Future Outlook - The company expects total revenue for 2025 to be between $16 million and $18 million, with its new subsidiary, HTL Far East, projected to contribute $12-14 million in revenue [2].

Core Viewpoint - HomesToLife Ltd reported a significant decline in financial performance for fiscal year 2024, with a net revenue decrease of 18% compared to the previous year, attributed to various industry challenges and increased operating expenses [3][4][6]. Financial Performance Summary - For fiscal year 2024, HomesToLife had net revenue of $4,173,028, down from $5,072,320 in fiscal 2023 [3]. - The gross profit margin for fiscal 2024 was 65.8%, a decline from 71.7% in fiscal 2023, primarily due to a shift in sales mix and competitive pricing strategies [5]. - Total operating expenses increased by $1,109,948, or 32%, in fiscal 2024, largely due to listing expenses and increased general and administrative costs [6]. - The company reported a loss from operations of $1,788,938 in fiscal 2024, compared to an income of $210,459 in fiscal 2023 [7]. - HomesToLife's net loss for fiscal 2024 was $1,666,195, or $(0.11) per share, compared to a net income of $237,499, or $0.02 per share, in fiscal 2023 [8][19]. Operational Developments - The company launched HTL Far East Pte. Ltd. in October 2024, which is expected to contribute $12-14 million in revenue for 2025, despite minor contributions in 2024 [2]. - A comprehensive restructuring initiative was initiated in April 2025 to enhance financial performance, including closing underperforming stores and implementing strict expense controls [10]. Cash Flow and Assets - Cash and cash equivalents increased to $3,442,259 as of December 31, 2024, from $1,366,231 in 2023 [8]. - Net cash used in operating activities was $1,021,680 in fiscal 2024, compared to net cash provided of $894,784 in fiscal 2023 [9]. - Total assets rose to $8,618,260 as of December 31, 2024, from $7,117,191 in 2023 [17].

Company Overview - HomesToLife Ltd is a leading home furniture products retail chain in Singapore, operating through its wholly owned subsidiary, HomesToLife Pte. Ltd, which offers customized furniture solutions [3][4] - The company also has another subsidiary, HTL Far East Pte. Ltd, focused on sourcing, distributing, and delivering premium furniture to the business sector across the Asia-Pacific region [3] Financial Results Announcement - HomesToLife plans to release its financial results for the fiscal year ended December 31, 2024, on April 7, 2025, before the market opens [1] - A conference call to review the financial results is scheduled for April 11, 2025, at 8:30 a.m. ET [1] Retail Operations - HomesToLife Pte. Ltd operates six retail store locations and has been helping homeowners create personalized living spaces since 2014 [4] - The company offers a variety of products, including leather and fabric upholstered furniture, case goods, and accessories, providing a one-stop shop for customers [4] - HomesToLife is committed to fair pricing, great value, consistent quality, and on-time delivery [4]