Exhibit 99.1 HomesToLife Delivers 97% Jump in FY2025 Net Profit to US$16.6 Million Export expansion and improved margins underpin sustained performance SINGAPORE, Mar. 23, 2026 – HomesToLife Ltd (Nasdaq: HTLM) ("HomesToLife" or the "Company"), a Singapore-based home furniture company with sales across Asia-Pacific, Europe and North America, today announced its audited financial results for the fiscal year ended December 31, 2025 ("FY2025"). "We are pleased to deliver strong operational and financial results ...

Export expansion and improved margins underpin sustained performanceSINGAPORE, March 23, 2026 (GLOBE NEWSWIRE) -- HomesToLife Ltd (Nasdaq: HTLM) (“HomesToLife” or the “Company”), a Singapore-based home furniture company with sales across Asia-Pacific, Europe and North America, today announced its audited financial results for the fiscal year ended December 31, 2025 (“FY2025”). “We are pleased to deliver strong operational and financial results for the full year, underpinned by our diversified export model a ...

Financial Performance and Challenges - The company anticipates increased operating expenses due to the costs associated with being a public entity, which may lead to future net losses and challenges in achieving profitability [32]. - The company faces significant competition from various retailers, which may impact its ability to compete effectively and maintain profitability [44]. - The company may require additional debt financing to support operations and expansion, which could be affected by rising interest rates and market conditions [46][50]. - The ability to secure adequate debt financing is contingent on financial strength and external economic conditions, with no assurance of favorable terms [49]. - The company faced significant inflationary pressures in Asia, which could lead to decreased profitability due to rising costs in procurement, wages, and freight charges [98]. - Economic downturns may lead to increased competition and pressure to reduce selling prices, negatively impacting financial condition and profitability [85]. - Uncertain global economic conditions have led to lower net sales and reduced consumer spending, impacting overall financial performance [84]. - The company experienced significant disruptions during the COVID-19 pandemic, affecting supply chains and logistics, which could recur in future public health emergencies [97]. Business Operations and Structure - The company operates through three core divisions: export, leather trading, and consumer retail, with direct operations in Singapore and Korea, but historical growth rates may not be sustainable [33]. - The acquisition of HTL Marketing, completed on May 19, 2025, is expected to provide growth opportunities, but there are no guarantees of realizing anticipated benefits such as increased revenue or market share [38]. - The company plans to expand its sales network and product offerings, but execution of these plans is subject to uncertainties and potential challenges [34]. - The company operates four retail stores in Singapore and two in South Korea, with plans for future expansion dependent on various factors including location availability and construction costs [122]. - HomesToLife's export sales business accounted for 92.5% of total revenue for the year ended December 31, 2025 [194]. - The leather trading business contributed 5.1% to total revenue for the year ended December 31, 2025 [195]. - The retail division, primarily in Singapore and South Korea, accounted for 2.4% of total revenue for the year ended December 31, 2025 [196]. Management and Personnel - Retaining key management personnel is critical for the company's performance, and losing such personnel could adversely affect business operations [54]. - Competition for skilled personnel is intense, which may lead to increased costs or challenges in attracting and retaining qualified employees [55]. - Directors and executive officers have significant time commitments to other companies, with the CEO dedicating 80% of their time to the company and 20% to others, while the Chairman allocates only 10% to the company [58]. - The company may face difficulties in recruiting and retaining experienced personnel, which could impact its operational capabilities [136]. Legal and Regulatory Risks - The company has limited experience managing a public company listed in the U.S., which may affect its compliance with complex regulations and oversight [62]. - Legal disputes with customers or suppliers could divert resources and negatively impact the company's financial condition and operations [63]. - The company is subject to various anti-corruption laws, and violations could result in significant legal and financial penalties [70]. - The company must comply with Singaporean laws and regulations, and any failure to do so could adversely affect its operations and financial condition [75]. - Existing insurance coverage may not be sufficient to cover all potential liabilities, which could negatively impact the company's financial results [79]. - Cybersecurity threats pose a significant risk to the company's operations and data security, potentially leading to substantial harm and regulatory actions [81]. Market and Competitive Landscape - Seasonal trends have historically resulted in variability in financial results, with higher order volumes typically recorded in January, April, August, September, and October [45]. - The company relies heavily on consumer spending and housing market conditions, with any decline in discretionary spending adversely affecting business results [93]. - Disruptions in supplier relationships could materially affect operations, as the company heavily relies on stable supply chains for furniture [100]. - The company has a foreign currency hedging policy, but residual exposure to exchange rate fluctuations could adversely affect profitability [95]. - Any adverse changes in government trade policies or tariffs could disrupt supply chains and limit market access, negatively impacting business operations [87]. Brand and Marketing Strategy - The company aims to enhance its "HomesToLife" brand, which may require substantial investments that could impact financial condition if unsuccessful [111]. - Customer acquisition efforts are primarily through online advertising, which may not always result in cost-effective customer growth [115]. - The company is increasing marketing investment in Asia, reflecting confidence in HomesToLife's growth potential amid evolving regional demographics [214]. - The brand Domicil continues to perform strongly in established markets, supported by rising average order values and increasing engagement among affluent buyers [215]. - HTL Marketing leads a Group-wide marketing framework to ensure brand consistency and strategic coherence across export, leather trading, and retail segments [218]. Shareholder and Corporate Governance - The company has 89,687,500 Shares outstanding, and substantial sales of Shares could adversely affect their market price and impair future capital-raising efforts [154]. - Major shareholders, including founders, own approximately 94.79% of the issued and outstanding shares, allowing them to exercise significant voting power [169]. - The company may lose its foreign private issuer status if more than 50% of voting securities are owned by U.S. residents, which would result in increased reporting requirements [168]. - The rights of shareholders to inspect corporate records are limited under Cayman Islands law, potentially hindering transparency [161]. - The concentration of ownership among major shareholders may lead to conflicts of interest and affect the value of shares [170].

Group 1 - HomesToLife Ltd announced a US$1 million investment for a 10% fully diluted stake in Zeica Labs Pte. Ltd, marking a strategic move to enhance its technology capabilities [1][3] - Zeica Labs is a newly formed technology company specializing in spatial-audio technology, particularly the Super X-Fi, which offers immersive sound experiences [2][8] - The collaboration aims to integrate Zeica Labs' patented audio technology into HomesToLife's upcoming furniture collections, supporting the company's strategy to develop next-generation smart home products [4][3] Group 2 - HomesToLife operates globally with two core divisions: consumer retail and wholesale & trade, and has a strong presence in Singapore and Korea [5][7] - The company has over 50 years of heritage and a diversified manufacturing network across China, Vietnam, and India, enhancing its operational efficiency [6][7] - Zeica Labs, founded in July 2025, has a robust portfolio of nearly 100 patents and aims to provide tailored product solutions for B2B customers [8]

Financial Performance - HomesToLife reported a net profit of $13.1 million for 9M 2025, a 71% increase from $7.7 million in 9M 2024[9]. - Total net revenue for 9M 2025 was $275.1 million, reflecting a 15% increase from $238.9 million in the same period last year, driven by a 20% increase in export sales in Europe[6]. - Gross profit rose 25% to $76.1 million in 9M 2025, with gross margin improving to 27.7% from 25.5% in 9M 2024[6]. - Net income for Q3 2025 rose 36% to $3.1 million, translating to earnings per share of $0.03[11]. - Net income for the nine months ended September 30, 2025, was $13,158,544, a 71.5% increase from $7,678,665 in the same period of 2024[23]. - Operating income for Q3 2025 was $4,927,704, compared to $883,528 in Q3 2024, reflecting a significant increase of 457.5%[23]. - The company achieved a gross profit margin of 28.5% for the nine months ended September 30, 2025, compared to 25.4% in the same period of 2024[23]. Revenue and Sales Growth - For Q3 2025, revenue was $94.3 million, a 14% increase from $82.6 million in Q3 2024, with export sales in Europe increasing by 29%[10]. - Revenues for Q3 2025 reached $94,302,780, a 14.5% increase from $82,651,838 in Q3 2024[23]. - Total revenues for the nine months ended September 30, 2025, were $275,077,583, a 15.1% increase from $238,963,947 in the same period of 2024[23]. - For the three months ended September 30, 2025, total revenues increased to $94,302,781, up from $82,651,838 in the same period of 2024, representing a growth of approximately 14.3%[27][28]. Operating Expenses - Operating expenses increased by 18% year-over-year to $62.2 million, primarily due to a 19% rise in selling expenses to $47.4 million[7]. - Total operating expenses for Q3 2025 were $21,373,473, an increase of 18.5% from $18,061,528 in Q3 2024[23]. - The company incurred total operating expenses of $21,373,473 for the three months ended September 30, 2025, compared to $18,061,528 in the same period of 2024, representing an increase of about 18.5%[27][28]. Cash Flow and Financial Position - As of September 30, 2025, the company had $21.8 million in cash and bank balances, with total borrowings of $10.1 million[12]. - Net cash provided by operating activities for the nine months ended September 30, 2025, was $4,082,057, compared to $1,978,988 for the same period in 2024, indicating a growth of approximately 106%[29]. - The company reported a net cash used in financing activities of $(7,445,963) for the nine months ended September 30, 2025, compared to a net cash provided of $239,631 in the same period of 2024[29]. - The ending cash balance as of September 30, 2025, was $21,750,924, down from $24,397,506 at the end of the same period in 2024[29]. Foreign Exchange Gains - The company reported foreign exchange gains of $4.5 million in 9M 2025, up from $1.5 million in the same period in 2024[8]. - The company reported a foreign exchange gain of $4,521,221 for the nine months ended September 30, 2025, compared to $1,502,602 in the same period of 2024[23]. - The company recognized a foreign exchange gain of $227,588 for the three months ended September 30, 2025, compared to a gain of $969,693 in the same period of 2024, indicating a decrease of about 76.5%[27][28]. Strategic Initiatives - The acquisition of HTL Marketing Pte. Ltd. completed on May 19, 2025, contributed to the financial results and expansion strategy[5]. - The company plans to continue expanding its market presence and investing in new product development to drive future growth[23].

Core Viewpoint - HomesToLife Ltd reported strong financial performance for the nine months ended September 30, 2025, with significant increases in revenue, gross profit, and net income, demonstrating resilience through a diversified export model and disciplined cost control [2][3][6]. Financial Highlights - **Net Revenue**: Increased by 15% to $275.1 million in 9M 2025 from $238.9 million in 9M 2024, driven by a 20% increase in Europe and an 11% increase in North America [3][6]. - **Gross Profit**: Rose by 25% to $76.1 million, with gross margin improving to 27.7% from 25.5% [3][6]. - **Net Income**: Increased by 71% to $13.2 million, translating to earnings per share of $0.15, up from $0.09 [6][8]. Operating Expenses - **Total Operating Expenses**: Increased by 18% to $62.1 million, primarily due to a 19% rise in selling expenses to $47.3 million, influenced by higher freight costs and start-up costs related to the South Korea retail acquisition [4][5]. - **General and Administrative Expenses**: Increased by 11% to $13.8 million, mainly due to higher staff costs and expenses related to the Nasdaq listing [5]. Q3 2025 Performance - **Revenue**: Reported at $94.3 million, a 14% increase from $82.6 million in Q3 2024, with European export sales rising by 29% [7][8]. - **Gross Profit**: Increased by 39% to $26.3 million, with gross margin improving to 27.9% from 22.9% [8]. - **Net Income**: Rose by 36% to $3.1 million, with earnings per share remaining at $0.03 [8]. Financial Position - **Cash and Bank Balances**: As of September 30, 2025, the company had $21.8 million in cash, with total borrowings at $10.1 million, indicating a net cash position of approximately $11.7 million [9][10]. - **Operating Cash Flow**: Generated $4.0 million in 9M 2025, reflecting higher profit and disciplined working capital management [10]. Outlook - **Revenue Guidance for FY2025**: The company maintains its revenue guidance between $360 million to $375 million, emphasizing a robust liquidity position to support strategic growth initiatives [11].

Financial Statements and Reporting - The unaudited condensed consolidated financial statements are prepared in accordance with U.S. GAAP and include necessary adjustments for fair presentation[19]. - The Company recognizes revenue from contracts with customers in accordance with ASC Topic 606, reflecting the transfer of goods or services[33]. - Revenue from retail sales is recognized at the point when control of products is transferred to customers, typically upon shipment[40]. - The Company’s export sales revenue is recognized when performance obligations are satisfied, generally upon delivery of goods[44]. - The Company evaluates the terms of agreements to determine whether it acts as a principal or agent in revenue recognition, generally acting as a principal[47]. - The Company adopted the FASB ASU 2016-02 "Leases (Topic 842)" standard, requiring recognition of lease assets and liabilities on the balance sheet for leases over twelve months[54]. - The Company is evaluating the impact of ASU No. 2024-03, which requires enhanced disclosures about costs and expenses in the income statement, effective for annual reporting periods beginning after December 15, 2026[73]. Revenue and Growth - For the six months ended June 30, 2024, total net revenue was $156,312,109, which is projected to increase to $180,774,803 for the same period in 2025, representing a growth of approximately 15.7%[50]. - Export sales accounted for $148,257,093 in revenue for the first half of 2024, expected to rise to $168,009,212 in 2025, indicating a growth of about 13.3%[50]. - Retail sales increased from $2,003,351 in the first half of 2024 to $3,382,273 in 2025, reflecting a significant growth of approximately 68.5%[50]. - Leather trading revenue is projected to grow from $6,051,665 in 2024 to $9,383,318 in 2025, marking an increase of about 55.5%[50]. - For the six months ended June 30, 2025, total net revenues increased to $180,774,803, with retail sales at $3,382,273 and export sales at $168,009,212[84]. - The company reported a segment income of $10,024,075 for the six months ended June 30, 2025, compared to $5,365,616 for the same period in 2024[84]. - The Asia Pacific region generated total revenues of $48,682,985 for the six months ended June 30, 2025, up from $42,860,427 in 2024[84]. Expenses and Profitability - The gross profit for the same period was $41,935,957, resulting in a gross margin of approximately 26.8%[82]. - The gross profit for the six months ended June 30, 2025, was $49,832,545, reflecting a gross margin of approximately 27.6%[84]. - Operating profit for the retail segment was a loss of $752,627, while the export sales segment achieved an operating profit of $8,419,544[83]. - The operating profit for the export sales segment in 2025 was $10,748,250, while the retail segment reported an operating loss of $1,330,878[84]. - Warranty expense for the six months ended June 30, 2024, was $2,769,218, which increased to $4,004,614 in 2025, showing a rise of approximately 44.5%[58]. Assets and Liabilities - As of June 30, 2025, total identifiable long-lived assets amounted to $11,756,316, with property, plant, and equipment netting $4,499,588[86]. - Accounts receivable increased from $66,928,602 as of December 31, 2024, to $71,669,261 as of June 30, 2025, representing a growth of approximately 7.5%[87]. - Total inventories increased from $8,032,089 to $10,613,295, reflecting a significant growth of 32.2%[89]. - Property, plant, and equipment net value increased from $3,734,157 to $4,499,588, a rise of 20.5%[90]. - Short-term borrowings surged from $15,255,874 to $23,382,206, marking a substantial increase of 53.3%[91]. Taxation - The effective income tax rate for both periods presented is 17%, with income before income taxes increasing from $7,003,351 in 2024 to $12,353,347 in 2025, representing a growth of 76.5%[16]. - Current income tax expense for the six months ended June 30, 2025, is $2,465,661, an increase from $1,665,092 in 2024, reflecting a growth of 47.9%[12]. - The income tax expense for the six months ended June 30, 2025, is $2,329,272, up from $1,637,735 in 2024, marking an increase of 42.4%[16]. - The company did not incur any interest and penalties related to potential underpaid income tax expenses for the six months ended June 30, 2024, and 2025[117]. - The company has no significant unrecognized uncertain tax positions as of June 30, 2025[117]. Related Party Transactions - Related party accounts receivable decreased from $928,951 as of December 31, 2024, to $353,886 as of June 30, 2025[120]. - Amounts due from related parties increased significantly from $2,807,854 as of December 31, 2024, to $4,967,733 as of June 30, 2025, indicating a growth of 76.8%[120]. - Accounts payable to related parties decreased from $72,724,799 as of December 31, 2024, to $55,254,469 as of June 30, 2025, a reduction of 24.1%[120]. - The total amount due from related parties was $95,644,019, with a net balance of $4,967,733 after adjustments[124]. - Accounts payable to related parties totaled $130,351,249 as of June 30, 2025, with a net balance of $(55,254,469) after netting off arrangements[124]. Risks and Contingencies - The Company has significant exposure to foreign exchange fluctuations, with more than half of its revenues generated outside Singapore[138]. - The management currently has a foreign currency hedging policy and monitors foreign exchange exposure for potential hedging actions[135]. - The Company is exposed to interest rate risk primarily related to fixed-rate trading financing and has not used derivative instruments to mitigate this risk[136]. - The Company is subject to global economic and political risks, including market volatility and changes in government policies, which can negatively impact net revenues and cash flows[138]. - As of June 30, 2025, the Company did not have any significant commitments and contingencies that could materially affect its financial condition[139]. Shareholder Information - Net income attributable to shareholders increased from $5,365,616 to $10,024,075, representing an impressive growth of 86.5%[112]. - Basic and diluted net income per share improved from $0.06 to $0.11, reflecting a 83.3% increase[112]. - On August 22, 2025, the Company increased its authorized shares from 100,000,000 to 500,000,000 shares[141]. - The company issued 75,000,000 ordinary shares to acquire HTL Marketing, which closed on May 19, 2025[109].

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].

Financial Performance - HomesToLife Ltd reported a net revenue of $5.2 million in Q1 2025, a 405% increase from $1.0 million in Q1 2024, driven by $4.4 million from HTL Far East[2][8] - The net income for Q1 2025 was $125,000, or $0.01 per share, compared to a net loss of $74,000, or $(0.01) per share in Q1 2024, marking a 269% improvement[3][8] - Cash flow from operating activities turned positive at $1.4 million in Q1 2025, compared to a net outflow of $1.5 million in the same period last year[8][19] - For the full year 2025, total revenue is projected to be between $260 million and $290 million, with HTL Marketing expected to contribute between $250 million and $280 million[10][11] Operating Expenses - Operating expenses increased by $394,000, including $336,000 in Nasdaq listing-related costs, leading to total operating expenses of $1.2 million in Q1 2025[4][8] Gross Margin - The overall gross margin decreased to 26% in Q1 2025 from 68% in Q1 2024, primarily due to a lower gross margin of 17% from HTL Far East[3][8] - HomesToLife Ltd's Singapore retail business saw a 19% decline in revenue year-over-year to $840,000, but improved its gross margin to 73% from 68%[2][8] Cash Position - As of March 31, 2025, cash and cash equivalents increased to $3.9 million, up from $3.4 million at December 31, 2024[9][16] Shareholder Information - The weighted average number of shares increased to 14.69 million in Q1 2025 from 13.25 million in Q1 2024, impacting per-share calculations[6][8] Business Expansion - The company is expanding its global footprint with the acquisition of HTL Marketing Pte Ltd, enhancing its B2B capabilities[5][8]

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].