HTLM HomesToLife Ltd

Overview and Growth

HomesToLife Ltd generated $377.88M of revenue in fiscal 2025, with net income of $16.55M and an operating cash inflow of $13.48M. At $377.88M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. The top line expanded 12.8% from $335.06M in fiscal 2024, increasing the company’s operating scale. The company reported diluted EPS of $0.18, adding a shareholder-level measure to the absolute income figures considered below. Diluted EPS increased by 100.0% from $0.09 in fiscal 2024, showing how the earnings change reached shareholders on a per-share basis. The revenue-to-assets relationship was 2.72x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $105.30M of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. Gross profit represented 27.9% of revenue, showing how much of the top line remained after direct costs. Operating income was $19.37M, the earnings remaining from reported operations after the company’s recognized operating cost structure. The operating result equaled 5.1% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. Net income came to $16.55M, completing the progression from revenue through gross and operating profitability to the final reported result. The final earnings result represented 4.4% of revenue, connecting the absolute net income figure with the company’s top-line scale. Pretax income was $20.75M, isolating the reported earnings outcome before the income-tax provision recognized for the fiscal year. Pretax income represented 5.5% of revenue, placing earnings before tax in the context of the company’s operating scale. The reported income-tax provision was $4.20M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 20.2%, quantifying the portion of pre-tax earnings paid in income tax. Net income equaled 59.5% of period-end equity, showing the earnings generated on shareholders’ book capital. The net-income-to-assets relationship measured 11.9%, showing earnings relative to the full balance sheet.

Liquidity and Capital Structure

At period end, the $139.16M asset base was financed through $111.32M of liabilities and $27.84M of equity. Current assets were $125.77M against $105.36M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. Current assets covered current liabilities by 1.19x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $27.28M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 25.9%, excluding receivables and other current assets. Relative to total assets, liabilities measured 80.0%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 19.6%, a balance-sheet composition measure rather than a liquidity forecast. The asset base changed 17.2% from $118.78M in fiscal 2024, leaving current total assets higher year over year.

Cash Flow and Earnings Quality

Cash flow from operations was $13.48M, a reported cash inflow that can be compared directly with net income and capital spending. The operating-cash-flow-to-net-income relationship was 0.81x, comparing cash generated by operations with the bottom-line earnings result. Capital spending was $1.14M, absorbing part of the cash generated from operations before free cash flow. Capital spending absorbed 8.4% of operating cash flow, quantifying the share of cash from operations directed to investment. The combination of operating cash flow and capital spending produced $12.34M of positive free cash flow for the period. Relative to revenue, free cash flow equaled 3.3%, showing how much sales converted into cash after investment. The free-cash-flow-to-assets relationship was 8.9%, comparing post-investment cash with the balance-sheet asset base.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.