Nova LifeStyle, Inc. (NVFY)

NASDAQ: NVFY · IEX Real-Time Price · USD
1.690
-0.010 (-0.59%)
Jul 19, 2024, 11:12 AM EDT - Market open
-0.59%
Market Cap 4.10M
Revenue (ttm) 11.59M
Net Income (ttm) -7.60M
Shares Out 2.43M
EPS (ttm) -4.76
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 2,301
Open 1.680
Previous Close 1.700
Day's Range 1.680 - 1.710
52-Week Range 1.450 - 6.380
Beta 1.24
Analysts n/a
Price Target n/a
Earnings Date Aug 12, 2024

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 tables, beds, entertainment consoles, cabinets, and cupboards. The company also provides physiotherapeutic jade mats for use in therapy clinic, hospitality, and real estate projects. It dist... [Read more]

Founded 2003
Employees 27
Stock Exchange NASDAQ
Ticker Symbol NVFY
Full Company Profile

Financial Performance

In 2023, Nova LifeStyle's revenue was $11.09 million, a decrease of -13.00% compared to the previous year's $12.74 million. Losses were -$7.28 million, -58.18% less than in 2022.

Financial Statements

News

Nova LifeStyle, Inc. Reports First Quarter FY 2024 Results

LOS ANGELES, May 15, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2024.

2 months ago - GlobeNewsWire

Nova LifeStyle Announces Fiscal 2023 Results

LOS ANGELES, April 15, 2024 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2023.

3 months ago - GlobeNewsWire

Nova LifeStyle, Inc. Reports Third Quarter FY 2023 Results

LOS ANGELES, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the third quarter ended September 30, 2...

8 months ago - GlobeNewsWire

Nova LifeStyle, Inc. Reports Second Quarter FY 2023 Results

LOS ANGELES, Aug. 14, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2023.

1 year ago - GlobeNewsWire

Nova LifeStyle, Inc. Completes 1 for 5 Reverse Stock Split

LOS ANGELES, May 23, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced that it has completed a one-for-five reverse stock split (the “Rev...

1 year ago - GlobeNewsWire

Nova LifeStyle, Inc. Reports First Quarter FY 2023 Results

LOS ANGELES, May 15, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the first quarter ended March 31, 2023.

1 year ago - GlobeNewsWire

Nova LifeStyle Announces Fiscal 2022 Results and Outlook for 2023

LOS ANGELES, April 17, 2023 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced financial results for the fiscal year ended December 31, 2022.

1 year ago - GlobeNewsWire

Nova LifeStyle, Inc. Reports Third Quarter FY 2022 Results

LOS ANGELES, Nov. 18, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the third quarter ended September 30, 2...

1 year ago - GlobeNewsWire

Nova LifeStyle, Inc. Reports Second Quarter FY 2022 Results

LOS ANGELES, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Nova LifeStyle, Inc. (NASDAQ: NVFY) (“Nova LifeStyle” or the “Company”) today announced its financial results for the second quarter ended June 30, 2022.

2 years ago - GlobeNewsWire

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.

2 years ago - GlobeNewsWire

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...

2 years ago - GlobeNewsWire

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.

2 years ago - GlobeNewsWire

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, p...

2 years ago - GlobeNewsWire

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,...

3 years ago - GlobeNewsWire

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.

3 years ago - GlobeNewsWire

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 instituti...

3 years ago - GlobeNewsWire

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, h...

3 years ago - GlobeNewsWire

3 Deep Value Benjamin Graham Style Stocks

Benjamin Graham believed buying stocks at a deep discount to the value of their assets was a great way to achieve reduced risk and profits in the long run.

Other symbols: NUWERBCN
3 years ago - GuruFocus

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.

3 years ago - GlobeNewsWire

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.

3 years ago - GlobeNewsWire

3 Benjamin Graham Style Net Net Stocks

Despite the market's recent record-breaking performance, there are still a handful of stocks that appear to be exceptionally cheap. These stocks have fallen below their net-net investment value.

Other symbols: RELLTATT
3 years ago - GuruFocus

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 plat...

3 years ago - GlobeNewsWire

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....

3 years ago - GlobeNewsWire

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, 2...

3 years ago - GlobeNewsWire

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 b...

4 years ago - GlobeNewsWire