Despite the revenue growth, Cheetah reported an operating loss of $4,579,576 for 2025, which is an increase of 22.4% from the previous year's loss of $3,740,546. The increase in losses was attributed to an impairment loss of $731,307 related to intangible assets and goodwill. The company also recognized other income of $945,789, mainly from interest income, which helped mitigate some of the losses.
Tony Liu, Chairman and CEO, commented on the challenges faced during the year, citing ongoing tariff tensions and uncertainties in global trade that affected logistics demand. He emphasized the company's focus on improving operational fundamentals and maintaining financial discipline amidst these challenges. Liu stated, "Despite these challenges, we remained focused on strengthening our operational fundamentals."
Looking ahead, Cheetah plans to continue enhancing operational efficiency and exploring strategic opportunities to support long-term growth. The company aims to navigate the difficult market environment while optimizing the use of proceeds from prior public offerings to generate stable interest income.
Overall, while the revenue growth is a positive sign for Cheetah Net Supply Chain Service Inc., the increased operating losses raise concerns about the company's financial health and operational execution in a challenging market.
