Earnings Releases·Nov 13, 2026, 5:16 PM ET

Cheetah Net Supply Chain Service Inc. — Third Quarter 2026 Earnings Summary

Q3 2026 revenue surged 883.0% to $3.56 million driven by the May 2026 acquisition of Super International Trading Limited, while the legacy logistics segment generated $0 revenue due to contract expirations and asset disposition; however, net loss from continuing operations widened 93.8% to $2.55 million, and operating cash flow for the nine months turned negative at $2.54 million compared to positive $733,780 in the prior year.
The company executed significant capital restructuring, raising $84.0 million in financing activities and increasing cash equivalents to $14.5 million, resulting in a working capital balance of $87.1 million and total assets of $92.4 million as of September 30, 2026.
Management expects to continue incurring operating losses and negative cash flow while integrating the new international trading business and developing logistics capabilities, though liquidity is projected to be sufficient for at least 12 months via operations, debt financing, and principal stockholder support.
Strategic focus has shifted toward the international trading segment following the acquisition of Super International, while the logistics business faces headwinds from global trade conditions, with management currently renegotiating customer contracts and letters of intent in execution.