HomesToLife (HTLM) investor relations material

Company overview and business model

• Singapore-headquartered global furniture business with export, leather trading and retail divisions; integrated design, sourcing, logistics and distribution, with manufacturing outsourced to related-party suppliers in China, Vietnam and India.

• Export sales serve wholesale customers in 30+ countries; retail operations span Singapore and South Korea, with four directly operated Singapore stores and two South Korean stores as of June 30, 2026, plus department-store concessions.

• Six furniture brands, white-label offerings and product customisation support multiple market segments; the e-commerce platform complements direct retail.

• The business has been listed on Nasdaq since October 2024 and applied for a secondary SGX-ST listing by introduction; shares offered in this placement are for eligible non-U.S. investors.

Financial performance and metrics

• Preliminary, unaudited 9M2026 net revenue is estimated at $290 million-$300 million versus $275.1 million in 9M2025; net income is estimated at $3.0 million-$4.0 million versus $13.2 million.

• Estimated 9M2026 net income decline reflects expected FX losses of $3.0 million-$4.0 million versus a $4.5 million gain in 9M2025, lower gross margin, higher freight and commission costs, and South Korean retail expansion costs.

• Export revenue rose from $311.1 million in FY2023 to $349.6 million in FY2025; exports represented 92.5% of FY2025 revenue, while retail represented 2.4%.

• At June 30, 2026, total equity was $27.7 million and total indebtedness $14.9 million; as adjusted for the full offering, equity is shown at $34.3 million with indebtedness unchanged.

Use of proceeds and capital allocation

• Intended 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; proceeds pending use may be held in short-term investment-grade, interest-bearing instruments and U.S. government securities.

• The filing estimates net proceeds of $6.60 million if all shares sell, but its use-of-proceeds section states gross proceeds of approximately $8.0 million, versus $7.2 million implied by the cover’s 8 million shares at $0.90 each.