Nova LifeStyle, Inc. Experiences Second Quarter FY 2025 Results

LOS ANGELES, Aug. 14, 2025 (GLOBE NEWSWIRE) — Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) at the moment introduced its monetary outcomes for the second quarter ended June 30, 2025.

Key Financial Highlights:

Operating Results for the Three Months Ended June 30, 2025:

• Net gross sales for 3 months ended June 30, 2025 have been $2.56 million, a lower of 5% from $2.69 million in the identical interval of 2024.

• Gross revenue was $1.28 million in comparison with $1.19 million in the identical interval of 2024.

• Net loss was ($289 thousand), in comparison with ($536 thousand) loss in the identical interval of 2024.
  

Operating Results for the Six Months Ended June 30, 2025:

• Net gross sales for the six months ended June 30, 2025 have been $5.19 million, a rise of three% from $5.06 million in the identical interval 2024.

• Gross revenue was $2.49 million, in comparison with $2.21 million in the identical interval of 2024.

• Net loss was ($629 thousand), in comparison with ($2.03 million) loss in the identical interval of 2024.
  

Mr. Xiaohua Lu, Chief Executive Officer of Nova LifeStyle, said, “Although some of our clients predict volatility throughout the entire furniture industry in the short term, we believe we are well positioned to accommodate our customers specific needs for the short and long terms. We are encouraged with incoming purchase orders and our discussions with many buyers, this said, we increased our advances to suppliers to ensure we have adequate inventory levels for the second half of the year.”

About Nova LifeStyle

Nova LifeStyle, Inc. is a well-established, modern designer and distributor of recent way of life furnishings; primarily sofas, eating room furnishings, cupboards, workplace furnishings and associated elements, bed room furnishings and numerous equipment, in matching collections. Nova LifeStyle’s product strains embody the Nova Brands and Diamond Sofa (www.diamondsofa.com). Nova’s merchandise function city modern types that combine consolation and performance, incorporating upscale luxurious designs which attraction to center and higher middle-income customers within the USA, China, Southeast Asia, and elsewhere on this planet.

Visit Nova LifeStyle’s web site at www.NovaLifeStyle.com.

Forward-Looking Statements

This press launch could include forward-looking statements inside the which means of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, together with, amongst others, our means to completely resume our operations and stay financially wholesome, our anticipated future development prospects. All statements apart from statements of historic truth are, or could also be deemed to be, forward-looking statements. In some instances, forward-looking statements might be recognized by means of forward-looking phrases akin to “anticipate,” “estimate,” “believe,” “continue,” “could,” “intend,” “may,” “plan,” “potential,” “predict,” “should,” “will,” “expect,” “objective,” “projection,” “forecast,” “goal,” “guidance,” “outlook,” “effort,” “target,” “trajectory,” “focus,” “work to,” “attempt,” “pursue,” or the destructive of those phrases or different comparable phrases. However, the absence of those phrases doesn’t imply that the statements will not be forward-looking. These forward-looking statements are primarily based on sure assumptions and analyses made by us in gentle of our expertise and our notion of historic traits, present circumstances and anticipated future developments, in addition to different components we consider are applicable within the circumstances.