Xmax, Inc. (XWIN)
NASDAQ:XWIN
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XMAX
(NASDAQ:XWIN)
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Rating:54Neutral
Price Target:
$6.00
▲(9.89% Upside)
Action:ReiteratedDate:12/30/25
The score is constrained primarily by weak financial quality (ongoing net losses and cash burn) despite strong recent revenue growth and improved gross margin. Technicals are a meaningful offset with an uptrend across major moving averages and constructive momentum. Valuation remains challenged due to negative earnings, while recent positive corporate investment events provide a modest support but do not resolve core profitability and cash flow risks.
Positive Factors
New CEO Appointment
The appointment of Xiaohua Lu as CEO could bring fresh strategic direction and leadership, potentially improving operational efficiency and business performance.
Negative Factors
Declining Revenues
Continued revenue decline indicates challenges in market demand or competitive positioning, which can hinder growth and profitability if not addressed.
Read all positive and negative factors
Positive Factors
Negative Factors
New CEO Appointment
The appointment of Xiaohua Lu as CEO could bring fresh strategic direction and leadership, potentially improving operational efficiency and business performance.
Read all positive factors
XMAX (XWIN) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$310.55M
Dividend YieldN/A
Average Volume (3M)693.84K
Price to Earnings (P/E)―
Beta (1Y)0.51
Revenue Growth70.36%
EPS Growth93.43%
CountryUS
Employees27
SectorConsumer Cyclical
Sector Strength84
IndustryFurnishings, Fixtures & Appliances
Share Statistics
EPS (TTM)N/A
Shares Outstanding43,071,728
10 Day Avg. Volume929,863
30 Day Avg. Volume693,842
Financial Highlights & Ratios
PEG Ratio0.05
Price to Book (P/B)6.59
Price to Sales (P/S)2.13
P/FCF Ratio-14.65
Enterprise Value/Market Cap1.00
Enterprise Value/Revenue18.29
Enterprise Value/Gross Profit71.63
Enterprise Value/Ebitda-162.30
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
XMAX Business Overview & Revenue Model
Company Description
Nova Lifestyle, Inc. (NVFY) is a U.S.-based company that designs, manufactures, and sells modern home furniture. The company operates primarily in the home furnishings sector, offering a range of products including sofas, dining tables, and other ...
How the Company Makes Money
Nova Lifestyle makes money by designing, manufacturing, and selling furniture products both through direct sales to retailers and via e-commerce platforms. The company's key revenue streams include wholesale distribution to furniture retailers, on...
XMAX Financial Statement Overview
Summary
Income Statement
24
Negative
Balance Sheet
56
Neutral
Cash Flow
18
Very Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 16.96M | 9.69M | 11.09M | 12.74M | 12.56M | 11.35M |
| Gross Profit | 4.33M | 4.25M | 4.17M | -7.78M | 5.52M | -19.89M |
| EBITDA | -1.91M | -5.02M | -6.18M | -15.65M | -3.01M | -26.24M |
| Net Income | -2.82M | -5.56M | -7.72M | -17.10M | -19.96M | -26.08M |
Balance Sheet | ||||||
| Total Assets | 18.29M | 9.92M | 6.24M | 11.53M | 29.53M | 46.48M |
| Cash, Cash Equivalents and Short-Term Investments | 1.71M | 161.90K | 369.14K | 1.37M | 6.28M | 8.74M |
| Total Debt | 1.41M | 2.12M | 2.11M | 2.86M | 3.46M | 2.58M |
| Total Liabilities | 4.70M | 6.79M | 5.74M | 4.92M | 6.09M | 5.55M |
| Stockholders Equity | 13.58M | 3.12M | 496.35K | 6.61M | 23.44M | 40.93M |
Cash Flow | ||||||
| Free Cash Flow | -2.41M | -1.41M | -1.58M | -5.38M | -4.89M | -2.44M |
| Operating Cash Flow | -2.40M | -1.39M | -1.58M | -5.37M | -4.78M | -2.08M |
| Investing Cash Flow | -5.01M | -14.12K | 18.64K | -8.77K | -154.82K | 672.76K |
| Financing Cash Flow | 8.85M | 1.18M | 0.00 | 0.00 | 2.76M | 466.10K |
XMAX Technical Analysis
5.46
Price Trends
Market Momentum
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For XWIN, the sentiment is undefined. The current price of 5.46 is equal to the 20-day moving average (MA) of ―, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a undefined sentiment for XWIN.
XMAX Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $18.38B | 12.79 | -2.54% | 3.03% | 1.52% | -15.83% |
* Consumer Cyclical Sector Average
Performance Comparison
XMAX Corporate Events
Executive/Board Changes
XMax Reshapes Board Following Director Resignation and Appointment
Neutral
Jan 9, 2026
On January 5, 2026, XMax Inc. appointed technology sales and SaaS advisory executive Matthew Beck, co-founder and director of Endcap and an account executive at IFS AB, as an independent member of its Board of Directors, formalizing his role on Ja...
Business Operations and StrategyPrivate Placements and Financing
XMAX Expands Investments to Deepen Indirect xAI Exposure
Positive
Dec 22, 2025
On December 16, 2025, Xmax Beta Holdings Ltd. entered into a subscription agreement with Preamble X Capital I to make an additional US$5.375 million subscription, raising its ownership interest in the vehicle to approximately 99.9%, with a managem...
Private Placements and Financing
XMax Announces Registered Direct Common Stock Offering
Neutral
Dec 22, 2025
On December 19, 2025, XMax Inc. entered into a Securities Purchase Agreement with institutional and other accredited investors to conduct a registered direct offering of 1,187,500 shares of its common stock at $4.21 per share, for expected gross p...
Business Operations and StrategyPrivate Placements and Financing
XMAX Subsidiary Makes Strategic AI Investment
Positive
Dec 8, 2025
On December 2, 2025, Xmax Beta Holdings Ltd., a subsidiary of XMax Inc., entered into a Subscription Agreement with Preamble X Capital I, acquiring approximately 99.88% interest for $8,461,428.80. This move positions Xmax Beta Holdings Ltd. as a m...
Business Operations and StrategyPrivate Placements and Financing
XMAX Expands Aerospace Investments with SpaceX Stake
Positive
Nov 26, 2025
On October 15, 2025, Xmax Alpha Holdings Ltd., a subsidiary of XMax Inc. based in the Cayman Islands, entered into a Subscription Agreement with Preamble Capital I, a Delaware LLC, acquiring a 99.82% interest for $5,605,000. This strategic move po...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.