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].

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]