earnings
confidence high
sentiment negative
materiality 0.85
Cheetah Net Q2 revenue up 145% to $868,909; net income $71,045 vs loss; going concern doubt
CHEETAH NET SUPPLY CHAIN SERVICE INC.
2026-Q2 EPS reported
-$0.53
revenue$961,609
- Q2 2026 revenue $868,909, up 145.4% from $354,126; operating loss widened to $881,797 from $780,849.
- Net income from continuing ops $71,045 vs net loss $512,528 in Q2 2025; six-month net loss $545,220 vs $1,266,437.
- Acquired Super International Trading on May 27, 2026, driving international trading revenue of $868,909; disposed Edward Transit Express.
- Company raises substantial doubt about going concern; cash $2.1M, working capital $74.1M, receivables $41.1M and loans $30.0M.
- Logistics/warehousing revenue nil in Q2 vs $354,126, hit by Edward disposal and tighter U.S. immigration policies.