GlobeNewswire·Nov 13, 2026, 5:05 PM ET

Cheetah Net Supply Chain Service Inc. Announces Third Quarter 2026 Results and Provides Corporate Update

CTNT

Cheetah Net Supply Chain Service Inc. reported total revenue of $3,557,805 for the quarter ended September 30, 2026, an 883.0% increase from $361,935 in the same period in 2025.
The company recorded an operating loss of $821,890 for the quarter, a 47.5% decrease from $1,564,479 in 2025, driven by higher gross profit & the absence of a prior impairment loss.
Net loss from continuing operations for the quarter was $2,547,995, a 93.8% increase from $1,314,650 in 2025, primarily due to a $2,783,884 loss from the change in fair value of acquisition-related contingent consideration.
International trading revenue generated $3,557,805 in the quarter, all attributable to Super International Trading Limited acquired in May 2026.
The logistics & warehousing segment reported $nil revenue for the quarter due to the disposition of Edward & the expiration of legacy contracts, though TWEW is renegotiating arrangements with prior customers.
General & administrative expenses increased by $287,851 in the quarter compared to 2025, offset by a decrease in share-based compensation expenses.
For the nine months ended September 30, 2026, total revenue was $4,519,414, with international trading contributing $4,217,805 from Super International.
Net loss from continuing operations for the nine-month period was $3,093,215, compared to $2,581,087 in the same period in 2025.
The company recognized an unrealized foreign exchange gain of $1,631,708 in the nine-month period related to a receivable from the withdrawal of an investment deposit.
As of September 30, 2026, the company held $14.5 million in cash & cash equivalents, $87.1 million in working capital, & a $41.8 million receivable from investment deposit withdrawal.
Management stated that available liquidity sources, including loans receivable & potential financing from stockholders, are expected to support operations for at least 12 months.

Company: Cheetah Net Supply Chain Services Inc
Keywords: Nasdaq:CTNT, Cheetah Net Supply Chain Services Inc