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XWINXMax Inc.
$8.24$31M
Overview & Verdict
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XWIN logoXMax Inc.(XWIN)Earnings, Financials & Key Ratios

XWIN•NASDAQ
$8.24
Price updated Jul 2, 2026
SectorConsumer CyclicalIndustryHome FurnishingsSub-IndustryResidential Furniture and Bedding
AboutXMAX, Inc. engages in design, marketing, and manufacture of modern home furniture. The firm offers living room, urban dining, bedroom, and nova qwik products. It sells its products under the brand name Nova and Diamond Sofa. The company was founded by Ya Ming Wong and Yuen Ching Ho in 1992 and is headquartered in Commerce, CA.Show more
  • Revenue$17M+72.6%
  • EBITDA-$1M+78.4%
  • Net Income-$3M+38.5%
  • EPS (Diluted)-0.17+88.5%
  • Gross Margin25.02%-43.0%
  • EBITDA Margin-6.25%+87.5%
  • Operating Margin-11.53%+79.2%
  • Net Margin-20.44%+64.4%
  • ROE-22%+92.8%

XWIN Price & Volume

XMax Inc. (XWIN) stock price & volume — 10-year historical chart

Loading chart...

Persistent Operating Losses Obscure Revenue Volatility

Investment Thesis • Updated 2026Q1

VerdictNeutral
Growth:Mixed
Profitability:Negative
Financial:Adequate
Cash Flow:Burning
Primary Risk:Persistent operating cash burn

Key Thesis Takeaways

  • XMax Inc.
  • faces a challenging fundamental outlook characterized by inconsistent revenue growth and a structural inability to achieve positive operating leverage, as evidenced by SG&A expenses that frequently exceed gross profit.
  • While the company maintains a temporary liquidity buffer with $9.9 million in cash, the persistent erosion of equity through a $53.2 million retained earnings deficit suggests that the current business model remains unsustainable.
  • Investors should monitor the company's reliance on non-cash stock-based compensation, which reached $3.1 million in 2025Q4, as it continues to mask the underlying operational cash burn.

Verdict Logic

Negative: The company's inability to achieve consistent profitability is underscored by a $2.4 million operating loss in 2024Q3 and a reliance on dilutive financing to sustain operations.

XWIN Growth Metrics

XMax Inc. (XWIN) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years-
5 Years8.06%
3 Years9.48%
TTM59.54%

Profit CAGR

10 Years-
5 Years-
3 Years-
TTM34.92%

EPS CAGR

10 Years-
5 Years-
3 Years-
TTM89.1%

Return on Capital

10 Years-71.87%
5 Years-74.41%
3 Years-91.69%
Last Year-10.36%

XWIN Recent Earnings

XMax Inc. (XWIN) EPS & revenue vs analyst estimates — last 1 quarters

Full history →
Q4 2025Latest
Nov 14, 2025
Metric
Actual
Est
EPS
$0.06
—
Rev
$10M
—
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q4 2025LatestNov 14, 2025
$0.06
$10M
Based on last 1 quarters of dataView full earnings history →

Latest XWIN News

Recent stock market news and headlines for XMax Inc. (XWIN)

GlobeNewsWire·Jun 29, 2026
XMax Inc. Added to Russell 3000® Index

LOS ANGELES, June 29, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ: XMAX; “XMax” or the “Company”), an artificial intelligence infrastructure provider and a distributor of contemporary-styled residential and commercial furniture, today announced that it has been included in the Russell 3000® Index as part of the 2026 annual reconstitution. The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies, representing approximately 98% of the investable U.S. equity market.

GlobeNewsWire·Jun 26, 2026
XMax Announces Up to Approximately US$25 million in AI API-Related Service Contracts and Expansion into GPU-as-a-Service

LOS ANGELES, June 26, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (Nasdaq: XMAX) ("XMax" or the "Company") today announced a significant commercial milestone in its artificial intelligence business, reporting that since launching its AI platform initiative, the Company has executed multiple AI model API service agreements with an aggregate contractual value of up to approximately US$25 million, subject to actual service usage and consumption levels.

Peers Comparison

Key metrics vs top competitors for XMax Inc. (XWIN)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
XWIN logoXWINXMax Inc.Current
$8.24$31.03M-5.5772.63%-20.44%-22%—
LZB logoLZBLa-Z-Boy Incorporated
$39.09$1.56B15.830.83%4.8%9.72%—
ETD logoETDEthan Allen Interiors Inc.
$21.40$544.55M10.65-4.89%6.81%8.46%—
FLXS logoFLXSFlexsteel Industries, Inc.
$69.55$372.48M19.596.86%6.79%17.68%—
LOVE logoLOVEThe Lovesac Company
$18.43$269.79M65.82—0.55%1.88%—
HOFT logoHOFTHooker Furnishings Corporation
$15.57$167.25M-6.13-23.22%-7.9%-13.04%—

Compare XWIN vs Peers

XMax Inc. (XWIN) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Peer

vs LZB

Best available listed peer comparison for XWIN.

Scale Benchmark

vs ETD

Larger-name benchmark to compare XWIN against a more recognizable public peer.

Peer Set

Compare Top 5

vs LZB, ETD, FLXS, LOVE

XWIN SEC Filings & Documents

XMax Inc. (XWIN) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jun 9, 2026·SEC

Material company update

Jun 2, 2026·SEC

Material company update

May 6, 2026·SEC

10-K Annual Reports

2
FY 2026

Apr 15, 2026·SEC

FY 2025

Mar 31, 2025·SEC

10-Q Quarterly Reports

5
FY 2026

May 15, 2026·SEC

FY 2025

Nov 14, 2025·SEC

FY 2025

Aug 14, 2025·SEC

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XWIN Frequently Asked Questions

XMax Inc. (XWIN) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is XMax Inc.'s revenue?

XMax Inc. (XWIN) reported $15.9M in revenue for fiscal year 2025. This represents a 40% increase from $11.4M in 2020.

How fast is XMax Inc. growing?

XMax Inc. (XWIN) grew revenue by 72.6% over the past year. This is strong growth.

Is XWIN profitable?

XMax Inc. (XWIN) reported a net loss of $2.9M for fiscal year 2025.

Dividend & Returns
What is XWIN's return on equity?

XMax Inc. (XWIN) has a return on equity (ROE) of -22.0%. Negative ROE indicates the company is unprofitable.

What is XMax Inc.'s free cash flow?

XMax Inc. (XWIN) had negative free cash flow of $0.8M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in XWIN back in 2020?

Total return calculator · dividends reinvested · 6+ years of data

See returns →