nova lifestyle, inc., together with 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 rooms, dining rooms, bedrooms, and home offices. its products include sofas, chairs, dining tables, beds, entertainment consoles, cabinets, and cupboards. the company distributes its products through internet sales, online marketing campaigns, and participation in exhibitions and trade shows primarily to furniture distributors and retailers. it offers its products under the diamond sofa and bright swallow brands. the company was formerly known as stevens resources, inc. nova lifestyle, inc. was founded in 2003 and is headquartered in commerce, california.
Company profile
Ticker
NVFY
Exchange
Website
CEO
Thanh Lam
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
Stevens Resources, Inc.
SEC CIK
Corporate docs
Subsidiaries
Diamond Bar Outdoors, Inc. • Nova Furniture Limited • i Design Blockchain Technology, Inc. • Nova Living (M) SDN. BHD. ...
IRS number
270991837
NVFY stock data
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
26 Jan 24
S-8
Registration of securities for employees
15 Dec 23
8-K
Entry into a Material Definitive Agreement
22 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
EFFECT
Notice of effectiveness
24 Oct 23
CORRESP
Correspondence with SEC
19 Oct 23
UPLOAD
Letter from SEC
19 Oct 23
UPLOAD
Letter from SEC
17 Oct 23
S-3
Shelf registration
13 Oct 23
RW
Registration withdrawal request
10 Oct 23
Latest ownership filings
SC 13G
ATS BRAND SDN BHD
20 Mar 24
SC 13G/A
Anson Funds Management LP
14 Feb 24
SC 13G/A
CVI Investments, Inc.
14 Feb 24
SC 13G
Web 3.0 SDH BHD
29 Nov 23
4
Min Su
13 Nov 23
4
Min Su
8 Dec 22
SC 13G/A
CVI Investments, Inc.
14 Feb 22
SC 13G
Anson Funds Management LP
11 Feb 22
SC 13G
INTRACOASTAL CAPITAL, LLC
29 Nov 21
4
Min Su
19 Nov 21
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 749.01 k | 749.01 k | 749.01 k | 749.01 k | 749.01 k | 749.01 k |
Cash burn (monthly) | (no burn) | 201.76 k | 380.42 k | 974.71 k | (no burn) | 32.83 k |
Cash used (since last report) | n/a | 1.21 mm | 2.28 mm | 5.84 mm | n/a | 196.54 k |
Cash remaining | n/a | -458.90 k | -1.53 mm | -5.09 mm | n/a | 552.47 k |
Runway (months of cash) | n/a | -2.3 | -4.0 | -5.2 | n/a | 16.8 |
Institutional ownership, Q3 2023
67.0% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 8 |
Opened positions | 2 |
Closed positions | 0 |
Increased positions | 1 |
Reduced positions | 1 |
13F shares | Current |
---|---|
Total value | 46.78 mm |
Total shares | 1.10 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
CVI Investments | 705.02 k | $1.69 mm |
Intracoastal Capital | 371.50 k | $0.00 |
MS Morgan Stanley | 8.72 k | $21.09 mm |
BLK Blackrock | 5.49 k | $13.28 mm |
Tower Research Capital | 4.00 k | $9.67 mm |
UBS UBS Group AG - Registered Shares | 422.00 | $1.02 mm |
WFC Wells Fargo & Co. | 7.00 | $17.00 k |
BCS Barclays | 7.00 | $0.00 |
Proequities | 0.00 | $0.00 |
News
12 Consumer Discretionary Stocks Moving In Monday's Pre-Market Session
25 Mar 24
Why Cutera Shares Are Trading Lower By Over 26%? Here Are Other Stocks Moving In Friday's Mid-Day Session
22 Mar 24
12 Consumer Discretionary Stocks Moving In Friday's Intraday Session
22 Mar 24
US Stocks Edge Lower; FedEx Posts Upbeat Earnings
22 Mar 24
12 Consumer Discretionary Stocks Moving In Friday's Pre-Market Session
22 Mar 24