Nova LifeStyle, Inc.
NASDAQ Capital MarketCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Xiaohua Lu
- Full Time Employees
- 27
- Sector
- Consumer Cyclical
- Industry
- Furnishings, Fixtures & Appliances
- Address
- 6565 East Washington Boulevard Commerce CA United States of America 90040
- IPO Date
- Oct 17, 2011
- CIK
- 0001473334
- Website
- novalifestyle.com
- Similar Companies
- Business
- Nova LifeStyle, Inc. (NASDAQ: NVFY) designs, manufactures, markets, and sells modern lifestyle furniture and related products for middle- and upper-middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture including sofas, chairs, dining tables, beds, entertainment consoles, cabinets, cupboards, bedroom sets, office furniture, and various accessories in matching urban contemporary collections; physiotherapeutic jade mats for therapy clinics, hospitality, and real estate projects; product lines under brands such as Nova LifeStyle, Diamond Sofa, Nova Living, Bright Swallow, Colorful World, Giorgio Mobili, and Nova QwiK. Nova LifeStyle distributes its products directly, through e-commerce, online marketing, exhibitions, and trade shows to furniture distributors and retailers, with primary revenue from wholesale furniture (78%), direct-to-consumer sales (15%), and other sources (7%), predominantly in the United States (92%) and international markets (8%). Founded in 2003 and headquartered at 6565 East Washington Boulevard in Commerce, California, the company operates manufacturing in the U.S., Asia, and Europe, serving residential and commercial segments focused on living rooms, dining rooms, bedrooms, and home offices. Recent developments include a September 2025 acquisition of a 99.815% interest in Preamble Capital for $5.66 million to hold SpaceX shares, signaling a strategic diversification into technology and AI-driven smart living solutions alongside core furniture operations; a $9.0 million public offering completed in 2025 comprising 9,836,054 shares and 19,672,108 warrants at $0.915 per share to fund working capital, marketing, debt repayment, and capital expenditures; a $14 million registered direct offering of common stock in October 2025; appointment of Xiaohua Lu as CEO with emphasis on forward-thinking product lines amid tariff uncertainties; and fiscal 2025 nine-month net sales growth of 95% to $14.95 million with improved net loss of $1.76 million.
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American Trust Investment Services Serves as Exclusive Placement Agent in $9 Million Follow-On Offering for Nova LifeStyle, Inc.
Nova Lifestyle, Inc. Announces Closing of $9.0 Million Best-Efforts Public Offering
Nova LifeStyle Stock Down as Q2 Earnings Show Narrower Loss
Nova LifeStyle, Inc. Reports Second Quarter FY 2025 Results
NVFY Stock Gains Post Q1 Earnings With Higher Margins, Lower Loss
NVFY Stock Slides Post Earnings Despite Narrower Net Loss
Nova LifeStyle Announces Fiscal 2024 Financial Results
Nova LifeStyle Stock Falls Despite Q3 Earnings Uptick Y/Y, Revenues Up
Nova LifeStyle, Inc. Reports Third Quarter FY 2024 Results
Zacks Initiates Coverage of Nova LifeStyle With Neutral Recommendation
Nova Lifestyle (NVFY) Shares Plummet Amid Earnings Report
Nova LifeStyle, Inc. Reports Second Quarter FY 2024 Results
Nova LifeStyle, Inc. Reports First Quarter FY 2024 Results
Nova LifeStyle Announces Fiscal 2023 Results
Nova LifeStyle, Inc. Reports Third Quarter FY 2023 Results
Nova LifeStyle, Inc. Reports Second Quarter FY 2023 Results
Nova LifeStyle Inc. Provides Update on Successful Las Vegas Market 2021 Tradeshow
Nova LifeStyle, Inc. Reports Second Quarter FY 2021 Results
Nova Lifestyle, Inc. Announces Pricing of $3.1 Million Registered Direct Offering