HomesToLife 1H 2026: Revenue Up 10% to $198.3M, But Net Income Falls 39% on FX Swing
HTLM sits 26% above its 52-week low of $1.56 on elevated volume (8.7× avg).
Summary
HomesToLife reported 1H 2026 revenue of $198.3M (+10% YoY) but net income fell 39% to $6.07M on a $6.5M FX swing. Full-year guidance of $400M-$420M was reaffirmed.
Key Events · Earnings and Guidance · HTLM
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Revenue Up 10% to $198.3M
1H 2026 net revenue rose 10% YoY to $198.3M, driven by 11% growth in export sales ($186.3M) and 57% growth in retail ($5.3M), partially offset by a 29% decline in leather trading.
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Net Income Falls 39% on FX Swing
Net income dropped to $6.07M from $10.02M, primarily due to a $2.17M foreign exchange loss versus a $4.29M gain in 1H 2025 — a $6.5M swing. Excluding FX, net income would have risen 22%.
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Cash Declines After $5.8M Dividend
Cash and equivalents fell to $17.9M at June 30, 2026 from $27.3M at year-end 2025, reflecting $5.83M in dividend payments and $8.3M in operating cash outflows.
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FY2026 Guidance Reaffirmed
Management reiterated full-year revenue guidance of $400M-$420M, implying a significant second-half acceleration from the $198.3M first-half run rate.
Analysis · HTLM · Trade & Services
Top-line momentum was solid, with revenue up 10% to $198.3M on an 11% jump in export sales and a 57% surge in retail. The bottom line, however, tells a different story: net income fell 39% to $6.07M, almost entirely due to a $6.5M swing in foreign exchange — a $2.17M loss this half versus a $4.29M gain last year. Excluding FX, net income would have risen 22%. The company also paid out $5.83M in dividends, contributing to a cash decline from $27.3M to $17.9M. Management reaffirmed full-year guidance of $400M-$420M, implying a meaningful second-half acceleration. The proposed SGX secondary listing remains pending regulatory approval.
How filings like this one have moved
In the 30 days to Oct 2, 2026, 29.9% of the 1656 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.57%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, HTLM was trading at $1.96 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $173.9M. The 52-week trading range was $1.56 to $4.19. This filing was assessed with neutral market sentiment and an importance score of 7 out of 10.