Startup

XMax Inc. Announces Fiscal Year 2025 Financial Results

North America / United States9 views1 min
XMax Inc. Announces Fiscal Year 2025 Financial Results

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XMax Inc. reported a 73% revenue growth in fiscal year 2025 and announced a strategic expansion into artificial intelligence technologies. The company plans to enter high-growth AI segments, including AI software and hardware development, and cloud and GPU compute infrastructure.

XMax Inc., a distributor of contemporary styled residential and commercial furniture, reported a 73% revenue growth to $16.7 million in fiscal year 2025. The company's net loss improved to $3.4 million from $5.6 million in the previous year. In March 2026, XMax's Board of Directors approved a strategic expansion into artificial intelligence (AI) to diversify revenue streams. The company plans to enter several high-growth AI segments, including AI software and hardware development, and cloud and GPU compute infrastructure. XMax will continue to operate and develop its existing furniture business while pursuing strategic partnerships and investments in AI. The company's cash and cash equivalents stood at $6.7 million as of December 31, 2025.

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