XMAX INC (XMAX)
Consumer Discretionary · Furniture design, distribution, and emerging AI infrastructure · NASDAQ
XMAX is a furniture designer and distributor pivoting into AI infrastructure and software, operating through contemporary residential and commercial furniture brands while establishing new technology-driven business lines.
What XMAX INC does
XMAX Inc. is a U.S.-headquartered designer and distributor of contemporary styled residential and commercial furniture sold through wholesale, retail, and online channels worldwide. The company operates multiple furniture brands including Nova LifeStyle, Diamond Sofa, and Nova Living, serving designers, distributors, and retailers with mid-level to high-end furnishings. In March 2026, the company's Board approved a strategic expansion into artificial intelligence and advanced technology, including AI software and hardware development, cloud and GPU compute infrastructure, and enterprise-focused AI agent deployment, while maintaining its core furniture operations.
Themes: ["Contemporary furniture retail and distribution","AI infrastructure and deployment","Cloud computing services","Enterprise AI software","E-commerce and online retail"]
Fundamentals
- Price$8.81 as of 2026-07-09 close
- Market cap$545M as of 2026-07-10
- 1-year return+11.5% as of 2026-07-09 close
- Net margin-18.2% as of 2026-07-10
- Gross margin+24.3% as of 2026-07-10
- ROE-13.1% as of 2026-07-10
- Debt / equity0.14 as of 2026-07-10
- Revenue growth (YoY)+59.5% as of 2026-07-10
- Revenue CAGR (3y)+9.5% SEC XBRL
Key risks (from latest filing)
["The company is unprofitable with a negative net margin of -18.2%, facing challenging conditions in the furniture market that motivated the strategic pivot to AI.","Capital-intensive expansion into AI and advanced technology sectors requires significant R&D investment and may not generate returns; the company plans to raise capital for acquisitions, partnerships, and joint ventures in unfamiliar sectors.","Execution risk on dual business model; the company must simultaneously strengthen core furniture operations while establishing new, unproven AI-driven technology business lines with no established customer base or revenue."]
Competitors & peers
- RH (Restoration Hardware)
- Wayfair
- Ethan Allen
- Furniture Brands International
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.