StockWatch
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Motor Vehicles
Quarterly ResultAug 13, 2026, 05:38 PM

Cheetah Net Q2 Revenue Up 145.4% to $868,909; Net Income $71,045

AI Summary

Cheetah Net Supply Chain Service Inc. reported Q2 2026 financial results, with total revenue increasing by 145.4% to $868,909. The company achieved a net income of $71,045 for the quarter, a significant improvement from a net loss of $512,528 in the prior year period. This turnaround was largely driven by the expansion into international trading through the acquisition of Super International Trading Limited and the divestment of Edward Transit Express Group, Inc. While the company's operating loss increased by 12.9% to $881,797, strategic restructuring and foreign exchange gains contributed to the overall positive net income.

Key Highlights

  • Q2 2026 total revenue increased 145.4% to $868,909.
  • Q2 2026 net income was $71,045, up from a $512,528 net loss in Q2 2025.
  • Q2 2026 operating loss increased 12.9% to $881,797.
  • International trading segment generated $868,909 revenue in Q2 2026.
  • Logistics and warehousing segment revenue was $nil in Q2 2026.
  • Disposal of Edward Transit Express Group, Inc. completed in Q2 2026.
  • Acquisition of Super International Trading Limited completed May 27, 2026.
  • Cash and cash equivalents stood at $2.1 million as of June 30, 2026.