HomesToLife (HTLM) investor relations material

Company overview and business model

• Singapore-headquartered global furniture business spanning wholesale exports, leather trading and direct retail in Singapore and South Korea; operations are conducted through subsidiaries under a Cayman Islands holding structure.

• Integrated model covers product design, sourcing, leather procurement, logistics and distribution; manufacturing is outsourced mainly to related-party suppliers in China, Vietnam and India.

• Wholesale products are sold under proprietary brands and white-label arrangements; six-brand portfolio includes Domicil, Fabbrica, Corium, HomesToLife, RelaxStudio and Gallery.

• Retail combines stores, South Korean department-store concessions and e-commerce; as of June 30, 2026, there were four directly operated Singapore stores and two in South Korea, with a further South Korean store opened in October 2026.

• Export fulfillment combines made-to-order goods, generally delivered in 8–12 weeks, with ready-stock quick-ship options; the business serves customers in 30+ countries and products appear in 5,000+ retail outlets.

Financial performance and metrics

• Export revenue increased from $311.1M in FY2023 to $349.6M in FY2025; exports represented 95.4% of revenue in FY2023, 93.1% in FY2024, 92.5% in FY2025 and 93.9% in 1H2026.

• Europe contributed 59.7% of FY2025 export revenue; Asia-Pacific 26.9% and North America 13.4%. Europe accounted for 66.4% of export revenue in 1H2026.

• As of June 30, 2026, actual shareholders’ equity was $27.7M, indebtedness $14.9M and total capitalization $42.6M; as adjusted for the full offering, total capitalization was $63.0M.

• 1H2026 foreign-exchange loss was $2.2M, versus a $4.3M gain in 1H2025, primarily reflecting RMB appreciation against USD and EUR depreciation against USD.

Use of proceeds and capital allocation

• At the assumed $1.65 price and full sale of 13M shares, estimated gross proceeds are $21.45M and net proceeds approximately $20.42M after estimated expenses.

• Planned net-proceeds allocation: 80% to business expansion and 20% to general working capital; general corporate purposes may include capital expenditures.

• Expansion plans remain preliminary, with no binding agreements or definitive arrangements for a specific venture; pending use, proceeds may be placed in short-term investment-grade interest-bearing instruments and U.S. government securities.

• January 2026 investment: $1.0M for a 10% stake in Zeica Labs, with planned collaboration on spatial-audio technology for selected furniture collections, initially piloted in Singapore.