HomesToLife (HTLM) investor relations material

Executive summary

• Net profit surged 97% year-over-year to $16.6 million for FY2025, driven by export expansion and improved margins.

• Net revenue increased 13% to $377.9 million, with export revenue up 12% and retail revenue doubling, supported by growth in Europe and North America.

• Acquisition of HTL Marketing in May 2025 enhanced design and merchandising capabilities.

Financial highlights

• Gross profit rose 27% to $105.3 million, with gross margin improving by 3.1 percentage points to 27.9% for FY2025.

• Operating expenses increased 17% to $86.0 million, mainly due to higher selling expenses and freight costs.

• Earnings per share doubled to $0.185, and return on equity reached 86%.

• Cash flow from operations jumped from $0.4 million to $13.5 million year-over-year.

• As of December 31, 2025, cash and bank balances stood at $27.3 million, with total borrowings at $10.4 million.

Outlook and guidance

• FY2026 revenue is projected between $400 million and $420 million, reflecting continued export-driven growth.

• The company will monitor geopolitical risks, including Middle East conflicts, for potential impacts on trade, supply chains, and raw material costs.

• Disciplined capital deployment and a robust balance sheet are expected to support future growth.