HomesToLife revenue leaps by 405% YoY in Q1

This was driven by a $4.4m revenue contribution from HTL Far East.

HomesToLife Limited posted a net revenue of $5.2m in Q1 2025, up 405% year-on-year from a net revenue of $1m in Q1 2024.

This was driven by a $4.4m revenue contribution from HTL Far East, the company’s Asia sales subsidiary launched in November 2024.

However, revenue from the Singapore retail business declined by 19% YoY to $840,000.

Net income for the period was $125,000, or $0.01 per share, compared with a net loss of $74,000 in the same period last year.

The company’s overall gross margin declined to 26% YoY in Q1 2025, primarily due to the lower gross margin of 17% achieved by HTL Far East.

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