Nova Lifestyle, Inc. (NVFY)

NASDAQ: NVFY · IEX Real-Time Price · USD
0.778
+0.073 (10.31%)
Jun 24, 2022 3:59 PM EDT - Market closed
10.31%
Market Cap 5.32M
Revenue (ttm) 13.15M
Net Income (ttm) -20.34M
Shares Out 6.84M
EPS (ttm) -3.14
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 102,455
Open 0.705
Previous Close 0.705
Day's Range 0.680 - 0.778
52-Week Range 0.630 - 6.660
Beta 1.85
Analysts n/a
Price Target n/a
Earnings Date May 16, 2022

About NVFY

Nova LifeStyle, Inc., through its subsidiaries, designs, manufactures, markets, and sells residential and commercial furniture for middle and upper middle-income consumers worldwide. The company offers upholstered, wood, and metal-based furniture pieces for the living, dining, and bedrooms, as well as home offices. Its products include sofas, chairs, dining and coffee tables, beds, entertainment consoles, cabinets, and cupboards. The company also provides physiotherapeutic jade mats for use in therapy clinic, hospitality, and real estate projec... [Read more...]

Industry Household Durables
Founded 2003
CEO Thanh Lam
Employees 29
Stock Exchange NASDAQ
Ticker Symbol NVFY
Full Company Profile

Financial Performance

In 2021, Nova Lifestyle's revenue was $12.81 million, an increase of 12.89% compared to the previous year's $11.35 million. Losses were -$20.38 million, -19.39% less than in 2020.

Financial Statements

News

Nova LifeStyle, Inc. Reports First Quarter FY 2022 Results

LOS ANGELES, May 13, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2022.

Nova LifeStyle Inc. to Debut 30th Anniversary Collection at Summer Edition of Las Vegas Market

LOS ANGELES, May 02, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) is pleased to announce, Diamond Sofa, a wholly owned subsidiary of the Company, is s...

Nova LifeStyle Announces Fiscal 2021 Results

LOS ANGELES, April 08, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2021.

Diamond Sofa Celebrates 30 Year Anniversary at the 2022 Las Vegas Market

LOS ANGELES, Feb. 01, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) is pleased to announce, Diamond Sofa, a wholly owned subsidiary of the Company, par...

Nova LifeStyle Inc. Provides Update on Successful Las Vegas Market 2021 Tradeshow

LOS ANGELES, Sept. 01, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY ) (“Nova LifeStyle” or the “Company”) is pleased to announce, Diamond Sofa, a wholly owned subsidiary of the Company, p...

Nova LifeStyle, Inc. Reports Second Quarter FY 2021 Results

LOS ANGELES, Aug. 16, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2021.

Nova Lifestyle, Inc. Announces Pricing of $3.1 Million Registered Direct Offering

LOS ANGELES, July 23, 2021 (GLOBE NEWSWIRE) -- Nova Lifestyle, Inc. (NASDAQ Capital Market: NVFY) (the "Company"), today announced that it has entered into definitive agreements with certain institution...

Nova LifeStyle Exhibits New Design Line at First High Point Market Furniture Trade Show Following Pandemic

LOS ANGELES, June 21, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) is pleased to announce, Diamond Sofa, a wholly owned subsidiary of the Company, has...

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Nova LifeStyle, Inc. Reports First Quarter FY 2021 Results

LOS ANGELES, May 17, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2021.

Nova LifeStyle Announces Fiscal 2020 Results

LOS ANGELES, March 29, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2020.

NVFY Stock: 14 Things to Know as Little-Known Nova LifeStyle Rockets 200%

NVFY stock is on the move Thursday on seemingly no news from Nova LifeStyle. Here's what to know about the furniture company.

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Nova LifeStyle Plans to Launch HealthLine Membership in Malaysia

LOS ANGELES, Jan. 27, 2021 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced that it intends to launch a membership based Nova HealthLine platfo...

Nova LifeStyle Launches Online Sales Platform To Distribute New Line of Healthline Products

LOS ANGELES, Dec. 02, 2020 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced that it has created an online sales platform (www.novahealthline.co...

Nova LifeStyle Reports Third Quarter FY2020 Results

LOS ANGELES, Nov. 20, 2020 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the third quarter ended September 30, 2020.

Nova LifeStyle’s Diamond Sofa to Complement Live Appointments with Virtual Tours at Las Vegas Market Summer 2020

LOS ANGELES, Aug. 26, 2020 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced, Diamond Sofa, a wholly owned subsidiary of the Company, will be ...

Nova LifeStyle, Inc. Reports 2020 Second Quarter Results

LOS ANGELES, Aug. 14, 2020 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2020.

Nova Lifestyle, Inc. Reports 2020 First Quarter Results

LOS ANGELES, July 06, 2020 (GLOBE NEWSWIRE) -- Nova Lifestyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2020.

Nova LifeStyle, Inc. Announces Financial and Operating Results For Fiscal 2019

LOS ANGELES, May 12, 2020 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for fiscal year ended December 31, 2019.

NOVA LIFESTYLE, INC. ANNOUNCES DELAY IN FILING FORM 10-K REPORT AND PROVIDES COVID-19 UPDATE

LOS ANGELES, March 27, 2020 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced that the filing of the Company’s Annual Report on Form 10-K for ...

Nova LifeStyle Provides Update on Impact of COVID-19 Outbreak

LOS ANGELES, March 03, 2020 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced an update with respect to the potential impact of the COVID-19 o...

Nova LifeStyle Announces Expansion of Products

New Product Sourcing Arrangements in the Far East, and the Debut of its 2020 New Collection at Las Vegas Market Show New Product Sourcing Arrangements in the Far East, and the Debut of its 2020 New Coll...

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