Segment & Geographic Data
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Xmax Inc's Business Segments
Xmax Inc's reported revenue by business segment and by geographic region, quarterly and annual, normalized against the consolidated income statement. Free below: the top 3 rows per table, this quarter and this fiscal year. Subscriber access adds the full segment history and operating income by segment.
Segment Data As of Q2 FY2026
Reportable Segments
3
Largest Segment
Sale of Residential and Commercial Furniture
Total Revenue
$ 3
Regions Reported
2
Revenue Share by Reportable Segment - Q2 FY2026
- Sale of Residential and Commercial Furniture59.9%
- API Based Service40.1%
- All Other Segments0%
Revenue by Reportable Segment - Q2 FY2026
| Segment | Revenue (Millions) | % of Total |
|---|---|---|
| Sale of Residential and Commercial Furniture | $ 2 | 59.9% |
| API Based Service | $ 1 | 40.1% |
| All Other Segments | - | 0% |
Revenue Share by Region - Q2 FY2026
- North America0%
- Other Countries0%
Revenue by Geographic Region - Q2 FY2026
| Region | Revenue (Millions) | % of Total |
|---|---|---|
| North America | $ 3 | - |
| Other Countries | - | 0% |
Revenue by Product & Service Category - Q2 FY2026
- Residentialand Commercial Furniture59.9%
- AP Ibased Services40.1%
Revenue by Product & Service Category - Q2 FY2026
| Category | Revenue (Millions) | % of Total |
|---|---|---|
| Residentialand Commercial Furniture | $ 2 | 59.9% |
| AP Ibased Services | $ 1 | 40.1% |
Product and service categories are a supplemental disclosure and are not required to sum to consolidated revenue or to the reportable segments above.
Description of Xmax Inc
XMax Inc., formerly known as Nova LifeStyle, Inc. and Stevens Resources, Inc., is a Nevada-incorporated company established in 2009 that designs and distributes contemporary residential and commercial furniture. The company markets its products globally through wholesale, retail, and online platforms under its brands Nova LifeStyle, Diamond Sofa, and Nova Living. XMax serves designers, distributors, and retailers specializing in mid-level and high-end private label home furnishings, maintaining minimal product overlap among its brands. Operating as a branding and marketing company with vertically integrated third-party manufacturing, XMax provides large-scale sourcing solutions to furniture distributors and national retailers worldwide. The company has established long-term customer relationships across North America, Central America, South America, Asia, and the Middle East, supported by global logistics and delivery capabilities. In March 2026, XMax's Board approved a strategic expansion into artificial intelligence, including AI software and hardware development, cloud and GPU compute infrastructure, AI model access and orchestration, and enterprise AI agent deployment, while continuing its existing furniture operations.
The Company has identified a single reportable operating segment, as its revenue segments share similar economic characteristics and are managed as one business unit. The chief operating decision maker (CODM), the chief executive officer (CEO), reviews consolidated results for resource allocation and performance assessment. Under ASC 280, the Company concluded it has one reportable segment because Diamond Bar, a furniture distributor based in California serving US customers, and Nova Malaysia, a furniture retailer and distributor focusing on customers primarily in Malaysia and Asia, operate under the same senior management and are managed collectively. Long-lived assets primarily consist of property, plant, and equipment located in the United States and Malaysia for administrative purposes. Customer sales by geographic area are based on the physical shipment delivery locations requested by customers.