Company research
HomesToLife Ltd
CIK 2023153Updated Sep 25, 2026
SecurityHTLM · NASDAQ · equity
HTLM price & chart
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NASDAQ:HTLM on TradingView ↗About the company
We are a global home furniture company headquartered in Singapore. Leveraging 50 years of heritage established by our founders, being our Executive Directors, our Group combines wholesale distribution, consumer retail and sourcing capabilities, supported by a diversified sourcing and supplier network across China, Vietnam and India.
In the news
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Seeking Alpha
HomesToLife: Profit Doubles, Conviction Holds On This Value Trap ↗
HomesToLife declares $0.065 dividend ↗
SEC disclosures
HomesToLife Ltd files F-1 registration statement ↗
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| ASSETS | |||
| AssetsUSD | 139,156,786Source | 8,618,260Source | 7,117,191Source |
| Property, Plant and Equipment, NetUSD | 4,354,206Source | 220,603Source | 225,565Source |
| Current assets: | |||
| Cash and Cash Equivalents, at Carrying ValueUSD | 27,276,091Source | 3,442,259Source | 1,366,231Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 76,010,709Source | 216,536Source | 113,395Source |
| Inventory, NetUSD | 9,599,490Source | 601,900Source | 674,529Source |
| Assets, CurrentUSD | 125,765,852Source | 5,146,822Source | 3,780,589Source |
| Operating Lease, Right-of-Use AssetUSD | 7,363,312Source | 3,250,835Source | 3,111,037Source |
| Other Assets, NoncurrentUSD | 1,000,000Source | — | — |
| LIABILITIES AND EQUITY | |||
| LiabilitiesUSD | 111,315,476Source | 5,174,348Source | 5,518,292Source |
| Stockholders’ equity: | |||
| Common Stock, Value, IssuedUSD | 8,969Source | 1,469Source | 1,325Source |
| Additional Paid in CapitalUSD | 37,179,424Source | 32,250,867Source | 28,696,900Source |
| Retained Earnings (Accumulated Deficit)USD | 2,764,110Source | -25,363,872Source | -23,697,677Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -12,111,193Source | -3,444,552Source | -3,401,649Source |
| Stockholders' Equity Attributable to ParentUSD | 27,841,310Source | 3,443,912Source | 1,598,899Source |
| Liabilities and EquityUSD | 139,156,786Source | 8,618,260Source | 7,117,191Source |
| Current liabilities: | |||
| Liabilities, CurrentUSD | 105,360,761Source | 2,899,412Source | 3,294,245Source |
| Operating Lease, Liability, CurrentUSD | 1,924,657Source | 1,437,055Source | 1,237,165Source |
| Accounts Payable, CurrentUSD | — | 267,792Source | 993,547Source |
| Operating Lease, Liability, NoncurrentUSD | 5,572,603Source | 2,176,061Source | 2,129,237Source |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||
| Share-based Payment Arrangement, Noncash ExpenseUSD | — | 73,200Source | — |
| Changes in operating assets and liabilities: | |||
| Increase (Decrease) in Accounts ReceivableUSD | 9,278,182Source | 103,141Source | -39,379Source |
| Increase (Decrease) in InventoriesUSD | 1,601,035Source | -39,974Source | 111,162Source |
| Increase (Decrease) in Accounts PayableUSD | 3,940,150Source | -725,755Source | 412,225Source |
| Deferred Income Tax Expense (Benefit)USD | -36,952Source | — | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 13,479,592Source | -1,021,680Source | 894,784Source |
| Cash flows from investing activities: | |||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -2,136,453Source | -124,243Source | -247,511Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,136,453Source | 124,243Source | 247,511Source |
| Cash flows from financing activities: | |||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -9,377,770Source | 3,188,658Source | -1,431,833Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 2,415,470Source | 2,076,028Source | -785,209Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 27,276,091Source | 3,442,259Source | 1,366,231Source |
| Supplemental disclosure of cash flow information: | |||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 942,617Source | 201,327Source | 145,219Source |
| Income Taxes Paid, NetUSD | 2,681,286Source | — | — |
| Additional Financial Items | |||
| Deconsolidation, Gain (Loss), AmountUSD | 90,368Source | — | — |
| DepreciationUSD | 506,379Source | 121,336Source | 46,693Source |
| Derivative, Gain (Loss) on Derivative, NetUSD | -74,765Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 3,505,118Source | — | — |
| Gain (Loss) on Disposition of Other AssetsUSD | 414,664Source | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | — | -63Source | — |
| General and Administrative ExpenseUSD | 18,336,882Source | 2,669,337Source | 1,133,060Source |
| Income Tax Expense (Benefit)USD | 4,199,820Source | — | — |
| InterestExpenseNonoperatingUSD | 1,406,903Source | — | — |
| Inventory Write-downUSD | -56,420Source | 32,655Source | 12,473Source |
| Investment Income, InterestUSD | 23,134Source | — | 6,132Source |
| Net Income (Loss) Attributable to ParentUSD | 16,554,152Source | -1,666,195Source | 237,499Source |
| Nonoperating Income (Expense)USD | 1,382,613Source | 122,743Source | 27,040Source |
| Operating ExpensesUSD | 85,933,442Source | 4,535,637Source | 3,425,689Source |
| Operating Lease, ExpenseUSD | — | 1,500,752Source | 1,193,731Source |
| Other Nonoperating Income (Expense)USD | 22,563Source | — | — |
| Payments to Acquire InvestmentsUSD | 1,000,000Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 21,689,049Source | — | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Total RevenueUSD | 377,876,123Source | 4,173,028Source | 5,072,320Source |
| Cost of Goods and Services Sold | — | — | — |
| Operating Income (Loss)USD | 19,371,359Source | -1,788,938Source | 210,459Source |
| Other Nonoperating Income (Expense)USD | 22,563Source | — | — |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 20,753,972Source | -1,666,195Source | 237,499Source |
| Income Tax Expense (Benefit)USD | 4,199,820Source | — | — |
| Net Income (Loss) Attributable to ParentUSD | 16,554,152Source | -1,666,195Source | 237,499Source |
| Earnings Per Share, BasicUSD per share | 0.18Source | -0.11Source | 0.02Source |
| Earnings Per Share, DilutedUSD per share | 0.18Source | -0.11Source | 0.02Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 89,687,500Source | 14,687,500Source | 13,250,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 89,687,500Source | 14,687,500Source | 13,250,000Source |
| Interest Expense (non-operating)USD | 1,406,903Source | — | — |
| Additional Financial Items | |||
| Current Income Tax Expense (Benefit)USD | 4,206,889Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 3,505,118Source | — | — |
| General and Administrative ExpenseUSD | 18,336,882Source | 2,669,337Source | 1,133,060Source |
| Gross ProfitUSD | 105,304,801Source | 2,746,699Source | 3,636,148Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | -1,490,142Source | — | — |
| Investment Income, InterestUSD | 23,134Source | — | 6,132Source |
| Nonoperating Income (Expense)USD | 1,382,613Source | 122,743Source | 27,040Source |
| Operating ExpensesUSD | 85,933,442Source | 4,535,637Source | 3,425,689Source |
| Operating Lease, ExpenseUSD | — | 1,500,752Source | 1,193,731Source |
| Other Cost and Expense, OperatingUSD | 24,977,264Source | 198,129Source | 193,135Source |
| Other ExpensesUSD | 2,811,875Source | — | — |
| Other IncomeUSD | 83,982Source | — | — |
| Revenue from Contract with Customer, Including Assessed TaxUSD | 21,689,049Source | — | — |
| Selling and Marketing ExpenseUSD | 66,331,518Source | 1,866,300Source | 2,292,629Source |