CTNT · Cheetah Net Supply Chain Service Inc.

Summary

Cheetah Net Supply Chain Service Inc. announced financial results for the fiscal year ended December 31, 2025, reporting revenue of $1,288,536 from continuing logistics and warehousing operations, up 182.7% from $455,805 in 2024, but operating loss of $4,579,576 due to $731,307 impairment on intangible assets and goodwill. Net loss from continuing operations was $3,649,703.

Key takeaways

• Revenue $1,288,536 for year ended December 31, 2025, increase of $832,731 or 182.7% from $455,805 in 2024
• Operating loss $4,579,576 for year ended December 31, 2025, increase of $839,030 or 22.4% from $3,740,546 in 2024
• Net loss from continuing operations $3,649,703 for year ended December 31, 2025, increase of $417,509 or 12.9% from $3,232,194 in 2024
• Impairment loss $731,307 related to intangible assets and goodwill from Edward acquisition
• Cash and cash equivalents $233,217 as of December 31, 2025
• Working capital $7.7 million as of December 31, 2025
• Discontinued parallel-import vehicle business on March 3, 2025