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Discover why Zacks rates XMax as "Neutral", being the first on Wall Street to initiate coverage on the stock. Explore XMAX's rapid expansion and new partnerships amid pressure on its legacy business.

LOS ANGELES, May 22, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ: XWIN, the “Company” or “XMax”) today announced that its wholly owned subsidiary, XMax AI Inc. (“XMax AI”), has entered into an additional AI Model API Services Agreement (the “Agreement”) with a new customer for cloud computing and AI model API services.

Company Reports Net Income of $0.2 Million and Continued Strategic Expansion into Artificial Intelligence Company Reports Net Income of $0.2 Million and Continued Strategic Expansion into Artificial Intelligence

LOS ANGELES, May 12, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ: XWIN, the “Company” or “XMax”) today announced that its ticker symbol will change from “XWIN” to “XMAX,” effective at market open on May 18, 2026. The Company's common stock will continue to trade on NASDAQ under the new ticker symbol “XMAX.”

LOS ANGELES, May 01, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ: XWIN, the “Company” or “XMax”) today announced that its wholly owned subsidiary, XMax AI Inc., has entered into an API Model Procurement Agreement (the “Agreement”) to provide its customers access to XMax's artificial intelligence models through API-based (Application Programming Interface) services. The total price of the agreement is approximately $4.8 million, with monthly payments of $400,000 to XMax AI, Inc. The actual pricing may vary depending on the customer's usage of AI model services.

XWIN posts 73% y/y revenue growth and a narrower loss in 2025, but margins shrink as the company pivots toward AI and its stock underperforms the broader market.

LOS ANGELES, March 24, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ: XWIN, “XMax” or the “Company”) today announced that its Board of Directors has approved a strategic expansion into artificial intelligence (“AI”) while continuing to operate and develop its existing furniture business. The initiative is designed to diversify revenue streams and position the Company for long-term growth amid challenging conditions in the furniture market.