HomesToLife Ltd Announces Financial Results for Fiscal Year 2024; Company to hold Conference Call to Discuss Results April 11 at 8:30 am ET
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 07 2025
0mins
Should l Buy ?
Source: Globenewswire
Financial Performance Overview: HomesToLife Ltd reported a net revenue decline of 18% for fiscal year 2024, totaling $4.17 million, primarily due to decreased sales in upholstered furniture and increased operating expenses, resulting in a net loss of $1.67 million.
Future Outlook and Initiatives: The company launched HTL Far East, a wholesale subsidiary, which generated over $4 million in revenue in early 2025, and is implementing a restructuring initiative aimed at improving financial performance through store closures and expense controls.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
