CHEETAH NET SUPPLY CHAIN SERVICE INC. 8K

Cheetah Net Supply Chain Service Inc. furnished a press release reporting second-quarter 2026 results, reflecting a shift from logistics to international trading via acquisition and disposal transactions, modest net income for the quarter driven by other income, and liquidity and going-concern disclosures despite substantial working capital.

Cheetah Net Supply Chain Service Inc. filed a Form 8-K to furnish a press release announcing its unaudited financial results for the quarter and six months ended June 30, 2026, highlighting a 145% year-over-year increase in quarterly revenue to $868,909 driven by the expansion of its international trading business (including the acquisition of Super International Trading Limited on May 27, 2026) and the concurrent disposal of Edward Transit Express Group, Inc., which eliminated logistics and warehousing revenue but reduced segment expenses. Despite an operating loss of $0.9 million for the quarter and a $1.6 million operating loss for the six-month period, the company reported quarterly net income from continuing operations of $71,045, primarily due to significant foreign exchange gains and interest income, and narrowed its six‑month net loss to $545,220 versus $1.27 million in the prior year. The filing also discloses liquidity and going-concern considerations, noting a net operating loss and negative operating cash flow, but emphasizes a strong working capital position of $74.1 million, including $41.1 million in receivable from withdrawal of investment deposits and approximately $30.0 million of loan receivables, as well as management’s plan to support operations through cash generation, potential debt financing, and possible support from its principal stockholder or new equity financing.

Filing Facts

CIK

1951667

Ticker

-

Form

8K

Source Type

sec

Accession

0001104659-26-096060

Alert Tier

6